Sterling Bancorp Stock Forecast, Price & News

Sterling Bancorp (NYSE:STL) Frequently Asked Questions

Is Sterling Bancorp a buy right now?

6 Wall Street equities 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 equities research analysts is that investors should "buy" Sterling Bancorp stock.
View analyst ratings for Sterling Bancorp or view top-rated stocks.

How has Sterling Bancorp's stock price been impacted by Coronavirus?

Sterling Bancorp's stock was trading at $12.93 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, STL shares have increased by 91.9% and is now trading at $24.81.
View which stocks have been most impacted by COVID-19.

When is Sterling Bancorp's next earnings date?

Sterling Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, January 19th 2022.
View our earnings forecast for Sterling Bancorp.

How were Sterling Bancorp's earnings last quarter?

Sterling Bancorp (NYSE:STL) issued its earnings results on Tuesday, October, 19th. The financial services provider reported $0.52 EPS for the quarter, meeting analysts' consensus estimates of $0.52. The financial services provider earned $246.40 million during the quarter, compared to analyst estimates of $252.31 million. Sterling Bancorp had a trailing twelve-month return on equity of 8.75% and a net margin of 34.84%. Sterling Bancorp's revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.45 earnings per share.
View Sterling Bancorp's earnings history.

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

Sterling Bancorp announced a quarterly dividend on Friday, October 22nd. Shareholders of record on Monday, November 1st will be paid a dividend of $0.07 per share on Monday, November 15th. This represents a $0.28 annualized dividend and a yield of 1.13%. The ex-dividend date is Friday, October 29th.
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 1.10%. The dividend payout ratio of Sterling Bancorp is 14.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Sterling Bancorp will have a dividend payout ratio of 13.33% 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 brokerages have issued 12-month price targets for Sterling Bancorp's shares. Their forecasts range from $23.00 to $31.00. On average, they anticipate Sterling Bancorp's stock price to reach $26.50 in the next twelve months. This suggests a possible upside of 6.8% 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?

Some companies that are related to Sterling Bancorp include The PNC Financial Services Group (PNC), Truist Financial (TFC), SVB Financial Group (SIVB), First Republic Bank (FRC), Fifth Third Bancorp (FITB), Regions Financial (RF), Huntington Bancshares (HBAN), KeyCorp (KEY), M&T Bank (MTB), Signature Bank (SBNY), Western Alliance Bancorporation (WAL), East West Bancorp (EWBC), Zions Bancorporation, National Association (ZION), First Horizon (FHN) and Commerce Bancshares (CBSH).
View all of STL's 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.18%), Dimensional Fund Advisors LP (5.87%), Wellington Management Group LLP (3.16%), Invesco Ltd. (2.65%), Versor Investments LP (1.93%) and Principal Financial Group Inc. (1.87%). Company insiders that own Sterling Bancorp stock include Brian T Edwards, Fernando Ferrer, Jack L Kopnisky, James P Blose, Javier L Evan, Javier L Evans, Luis Massiani, 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 Alliancebernstein L.P., Wellington Management Group LLP, Victory Capital Management Inc., Citigroup Inc., BlackRock Inc., Capitolis Advisors LLC, Two Sigma Investments LP, and Barclays PLC. Company insiders that have sold Sterling Bancorp company stock in the last year include Jack L Kopnisky, James P Blose, Javier L Evan, Javier L Evans, Luis Massiani, 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 purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Goldman Sachs Group Inc., CNH Partners LLC, Balyasny Asset Management LLC, Invesco Ltd., Picton Mahoney Asset Management, Bank of Nova Scotia, and Nordea Investment Management AB. 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.
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What is Sterling Bancorp's stock price today?

One share of STL stock can currently be purchased for approximately $24.81.

How much money does Sterling Bancorp make?

Sterling Bancorp has a market capitalization of $4.78 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 $1.87 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, via email at [email protected], or via fax at 845-369-8060.