NYSE:STL - Sterling Bancorp Stock Price, News, & Analysis

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

Sterling Bancorp declared a quarterly dividend on Tuesday, October 23rd. Investors of record on Monday, November 5th will be paid a dividend of $0.07 per share on Monday, November 19th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date of this dividend is Friday, November 2nd. View Sterling Bancorp's Dividend History.

Sterling Bancorp (NYSE:STL) issued its quarterly earnings data on Tuesday, October, 23rd. The financial services provider reported $0.51 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.51. The financial services provider had revenue of $272.20 million for the quarter, compared to analysts' expectations of $278.79 million. Sterling Bancorp had a return on equity of 9.96% and a net margin of 23.31%. The company's revenue was up 96.3% on a year-over-year basis. During the same period last year, the company earned $0.35 EPS. View Sterling Bancorp's Earnings History.

Sterling Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, January 22nd 2019. View Earnings Estimates for Sterling Bancorp.

5 equities research analysts have issued 1-year price targets for Sterling Bancorp's stock. Their predictions range from $22.00 to $36.00. On average, they expect Sterling Bancorp's stock price to reach $29.80 in the next twelve months. This suggests a possible upside of 72.8% from the stock's current price. View Analyst Price Targets for Sterling Bancorp.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sterling Bancorp in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sterling Bancorp.

News coverage about STL stock has trended somewhat positive on Friday, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Sterling Bancorp earned a media sentiment score of 1.4 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days.

Some companies that are related to Sterling Bancorp include Regions Financial (RF), Huntington Bancshares (HBAN), Comerica (CMA), Zions Bancorp (ZION), Cullen/Frost Bankers (CFR), BOK Financial (BOKF), Webster Financial (WBS), Akbank T.A.S. (AKBTY), First Horizon National (FHN), CIT Group (CIT), PacWest Bancorp (PACW), Synovus Financial (SNV), Pinnacle Financial Partners (PNFP), F.N.B. (FNB) and TCF Financial (TCF).

Sterling Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.77%), Vanguard Group Inc. (8.73%), Vanguard Group Inc (8.73%), Dimensional Fund Advisors LP (4.18%), Alliancebernstein L.P. (3.39%) and Clearbridge Investments LLC (2.32%). Company insiders that own Sterling Bancorp stock include Burt Steinberg, Craig S Thompson, Jack L Kopnisky, James F Deutsch, James P Blose, James R Peoples, John C Millman, Michael E Finn, Monte N Redman, Richard L O'toole, Robert Giambrone, Robert W Lazar, Thomas G Kahn and Thomas X Geisel. View Institutional Ownership Trends for Sterling Bancorp.

STL stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, First Trust Advisors LP, Jane Street Group LLC, Victory Capital Management Inc., Penn Capital Management Co. Inc., Kahn Brothers Group Inc. DE, Thrivent Financial for Lutherans and JPMorgan Chase & Co.. Company insiders that have sold Sterling Bancorp company stock in the last year include Burt Steinberg, James F Deutsch, James P Blose and Thomas X Geisel. View Insider Buying and Selling for Sterling Bancorp.

STL stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Federated Investors Inc. PA, Alliancebernstein L.P., Vanguard Group Inc, Vanguard Group Inc., Philadelphia Financial Management of San Francisco LLC, EJF Capital LLC and Eaton Vance Management. Company insiders that have bought Sterling Bancorp stock in the last two years include Burt Steinberg, Richard L O'toole, Robert Giambrone and Robert W Lazar. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of STL stock can currently be purchased for approximately $17.25.

Sterling Bancorp has a market capitalization of $3.90 billion and generates $746.65 million in revenue each year. The financial services provider earns $93.03 million in net income (profit) each year or $1.40 on an earnings per share basis. Sterling Bancorp employs 2,076 workers across the globe.

The official website for Sterling Bancorp is http://www.sterlingbancorp.com.

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]