Sterling Bancorp - STL Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sterling Bancorp in the last twelve months. There are currently 1 buy rating 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.

1 brokers have issued 1-year price objectives for Sterling Bancorp's stock. Their STL stock forecasts range from $31.00 to $31.00. On average, they anticipate Sterling Bancorp's share price to reach $31.00 in the next twelve months. This suggests a possible upside of 17.9% from the stock's current price.
View analysts' price targets for Sterling Bancorp or view top-rated stocks among Wall Street analysts.

Sterling Bancorp (NYSE:STL) announced its quarterly earnings results on Tuesday, October, 19th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.52. The financial services provider had revenue of $246.40 million for the quarter, compared to analyst estimates of $252.31 million. Sterling Bancorp had a net margin of 38.40% and a trailing twelve-month return on equity of 9.21%. The business's revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.45 earnings per share.

Sterling Bancorp announced a quarterly dividend on Wednesday, January 19th. Stockholders of record on Monday, January 24th will be paid a dividend of $0.07 per share on Friday, February 18th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date of this dividend is Friday, January 21st.
View Sterling Bancorp's dividend history.

Sterling Bancorp(NYSE:STL) pays an annual dividend of $0.28 per share and currently has a dividend yield of 1.07%. The dividend payout ratio of Sterling Bancorp is 13.59%. This payout ratio is at a healthy, sustainable level, below 75%.
View Sterling Bancorp's dividend history.

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.

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).

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

One share of STL stock can currently be purchased for approximately $26.29.

Sterling Bancorp (NYSE:STL) has a market capitalization of $5.07 billion and generates $1.05 billion in revenue each year. The financial services provider earns $404.74 million in net income (profit) each year or $2.06 on an earnings per share basis.

Sterling Bancorp employs 1,460 workers across the globe.

Sterling Bancorp was founded in 1888.

Sterling Bancorp's mailing address is 400 Rella Boulevard, Montebello NY, 10901. The official website for Sterling Bancorp is www.sterlingbancorp.com. The financial services provider can be reached via phone at (845) 369-8040, via email at enebb@optonline.net, or via fax at 845-369-8060.