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 announced 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 1.50%. The ex-dividend date of this dividend is Friday, November 2nd. View Sterling Bancorp's Dividend History.

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

Sterling Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, January 23rd 2019. View Earnings Estimates for Sterling Bancorp.

Sterling Bancorp will be holding an earnings conference call on Thursday, January 24th at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883948218.

6 brokers have issued 1-year price objectives for Sterling Bancorp's stock. Their forecasts range from $21.00 to $36.00. On average, they anticipate Sterling Bancorp's share price to reach $28.3333 in the next year. This suggests a possible upside of 51.8% from the stock's current price. View Analyst Price Targets for Sterling Bancorp.

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

News stories about STL stock have been trending very positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Sterling Bancorp earned a daily sentiment score of 3.2 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few 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), Akbank T.A.S. (AKBTY), BOK Financial (BOKF), Webster Financial (WBS), PacWest Bancorp (PACW), CIT Group (CIT), First Horizon National (FHN), Pinnacle Financial Partners (PNFP), Synovus Financial (SNV), MB Financial (MBFI) and F.N.B. (FNB).

Sterling Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Skyline Asset Management LP (0.37%), Hudson Valley Investment Advisors Inc. ADV (0.23%), Hennessy Advisors Inc. (0.11%) and Louisiana State Employees Retirement System (0.03%). 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 Louisiana State Employees Retirement System. 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 Hudson Valley Investment Advisors Inc. ADV, Skyline Asset Management LP and Hennessy Advisors Inc.. 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 $18.66.

Sterling Bancorp has a market capitalization of $4.19 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]