NYSE:STL

Sterling Bancorp Stock Forecast, Price & News

$21.58
+0.15 (+0.70 %)
(As of 09/21/2021 12:00 AM ET)
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Today's Range
$21.32
$21.75
50-Day Range
$20.75
$23.44
52-Week Range
$9.83
$27.22
Volume922,193 shs
Average Volume2.84 million shs
Market Capitalization$4.16 billion
P/E Ratio11.92
Dividend Yield1.31%
Beta1.7
30 days | 90 days | 365 days | Advanced Chart
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Sterling Bancorp logo

About Sterling Bancorp

Sterling Bancorp operates as a financial and bank holding company of Sterling National Bank, which engages in the provision of commercial, business, and consumer banking products and services through its subsidiary. The company was founded in 1888 and is headquartered in Pearl River, NY.

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MarketRank

Overall MarketRank

2.68 out of 5 stars

Finance Sector

147th out of 1,332 stocks

National Commercial Banks Industry

12th out of 109 stocks

Analyst Opinion: 2.3Community Rank: 4.4Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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Sterling Bancorp (NYSE:STL) Frequently Asked Questions

Is Sterling Bancorp a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sterling Bancorp in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Sterling Bancorp stock.
View analyst ratings for Sterling Bancorp
or view top-rated stocks.

What stocks does MarketBeat like better than Sterling Bancorp?

Wall Street analysts have given Sterling Bancorp a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Sterling Bancorp wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Sterling Bancorp?

Sterling Bancorp saw a increase in short interest in the month of August. As of August 13th, there was short interest totaling 6,760,000 shares, an increase of 24.5% from the July 29th total of 5,430,000 shares. Based on an average trading volume of 1,870,000 shares, the days-to-cover ratio is presently 3.6 days. Currently, 3.6% of the shares of the stock are short sold.
View Sterling Bancorp's Short Interest
.

When is Sterling Bancorp's next earnings date?

Sterling Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, October 20th 2021.
View our earnings forecast for Sterling Bancorp
.

How were Sterling Bancorp's earnings last quarter?

Sterling Bancorp (NYSE:STL) announced its earnings results on Tuesday, July, 20th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.50 by $0.02. The financial services provider earned $249.02 million during the quarter, compared to analyst estimates of $252.52 million. Sterling Bancorp had a net margin of 33.30% and a trailing twelve-month return on equity of 8.56%. The business's revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.29 earnings per share.
View Sterling Bancorp's earnings history
.

How has Sterling Bancorp's stock price been impacted by COVID-19?

Sterling Bancorp's stock was trading at $12.93 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, STL shares have increased by 66.9% and is now trading at $21.58.
View which stocks have been most impacted by COVID-19
.

How often does Sterling Bancorp pay dividends? What is the dividend yield for Sterling Bancorp?

Sterling Bancorp announced a quarterly dividend on Friday, July 23rd. Investors of record on Monday, August 2nd will be paid a dividend of $0.07 per share on Monday, August 16th. This represents a $0.28 annualized dividend and a dividend yield of 1.30%. The ex-dividend date of this dividend is Friday, July 30th.
View Sterling Bancorp's dividend history
.

Is Sterling Bancorp a good dividend stock?

Sterling Bancorp pays an annual dividend of $0.28 per share and currently has a dividend yield of 1.31%. Sterling Bancorp does not yet have a strong track record of dividend growth. The dividend payout ratio of Sterling Bancorp is 23.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Sterling Bancorp will have a dividend payout ratio of 13.40% next year. This indicates that Sterling Bancorp will be able to sustain or increase its dividend.
View Sterling Bancorp's dividend history.

What price target have analysts set for STL?

6 analysts have issued twelve-month target prices for Sterling Bancorp's stock. Their forecasts range from $23.00 to $30.00. On average, they anticipate Sterling Bancorp's stock price to reach $25.67 in the next twelve months. This suggests a possible upside of 18.9% from the stock's current price.
View analysts' price targets for Sterling Bancorp
or view top-rated stocks among Wall Street analysts.

Who are Sterling Bancorp's key executives?

Sterling Bancorp's management team includes the following people:
  • Jack L. Kopnisky, President, Chief Executive Officer & Director
  • Luis Massiani, Chief Operating Officer & Senior Executive VP
  • Beatrice Ordonez, Chief Financial Officer & Executive Vice President
  • Rodney Whitwell, Chief Administrative Officer & Senior Executive VP
  • Thomas X. Geisel, Senior Executive VP & President-Corporate Banking (LinkedIn Profile)

What is Jack L. Kopnisky's approval rating as Sterling Bancorp's CEO?

49 employees have rated Sterling Bancorp CEO Jack L. Kopnisky on Glassdoor.com. Jack L. Kopnisky has an approval rating of 64% among Sterling Bancorp's employees.

Who are some of Sterling Bancorp's key competitors?

What other stocks do shareholders of Sterling Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sterling Bancorp investors own include JPMorgan Chase & Co. (JPM), Bank of America (BAC), General Electric (GE), NVIDIA (NVDA), QUALCOMM (QCOM), Wells Fargo & Company (WFC), BGC Partners (BGCP), Cisco Systems (CSCO), HEICO (HEI) and Advanced Micro Devices (AMD).

What is Sterling Bancorp's stock symbol?

Sterling Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "STL."

Who are Sterling Bancorp's major shareholders?

Sterling Bancorp's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.28%), BlackRock Inc. (8.30%), Dimensional Fund Advisors LP (5.79%), State Street Corp (5.11%), FMR LLC (4.18%) and Diamond Hill Capital Management Inc. (3.89%). Company insiders that own Sterling Bancorp stock include Brian T Edwards, Fernando Ferrer, Jack L Kopnisky, James P Blose, Javier L Evan, Maureen Mitchell, Mona Aboelnaga, Patricia M Nazemetz, Richard L O'toole, Rodney Whitwell, Thomas X Geisel and William E Whiston.
View institutional ownership trends for Sterling Bancorp
.

Which institutional investors are selling Sterling Bancorp stock?

STL stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, BlackRock Inc., FMR LLC, Wells Fargo & Company MN, Diamond Hill Capital Management Inc., Azora Capital LP, Victory Capital Management Inc., and Alliancebernstein L.P.. Company insiders that have sold Sterling Bancorp company stock in the last year include Jack L Kopnisky, James P Blose, Javier L Evan, and Thomas X Geisel.
View insider buying and selling activity for Sterling Bancorp
or view top insider-selling stocks.

Which institutional investors are buying Sterling Bancorp stock?

STL stock was bought by a variety of institutional investors in the last quarter, including Versor Investments LP, Citigroup Inc., Bank of America Corp DE, Bank of America Corp DE, IndexIQ Advisors LLC, Amundi, LMR Partners LLP, and Walleye Capital LLC. Company insiders that have bought Sterling Bancorp stock in the last two years include Fernando Ferrer, Jack L Kopnisky, James P Blose, Javier L Evan, Maureen Mitchell, Mona Aboelnaga, Patricia M Nazemetz, Richard L O'toole, and William E Whiston.
View insider buying and selling activity for Sterling Bancorp
or or view top insider-buying stocks.

How do I buy shares of Sterling Bancorp?

Shares of STL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Sterling Bancorp's stock price today?

One share of STL stock can currently be purchased for approximately $21.58.

How much money does Sterling Bancorp make?

Sterling Bancorp has a market capitalization of $4.16 billion and generates $1.15 billion in revenue each year. The financial services provider earns $225.77 million in net income (profit) each year or $1.20 on an earnings per share basis.

How many employees does Sterling Bancorp have?

Sterling Bancorp employs 1,460 workers across the globe.

When was Sterling Bancorp founded?

Sterling Bancorp was founded in 1888.

What is Sterling Bancorp's official website?

The official website for Sterling Bancorp is www.sterlingbancorp.com.

Where are Sterling Bancorp's headquarters?

Sterling Bancorp is headquartered at 400 Rella Boulevard, Montebello NY, 10901.

How can I contact Sterling Bancorp?

Sterling Bancorp's mailing address is 400 Rella Boulevard, Montebello NY, 10901. The financial services provider can be reached via phone at (845) 369-8040 or via email at [email protected].


This page was last updated on 9/21/2021 by MarketBeat.com Staff
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