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, July 24th. Investors of record on Monday, August 6th will be paid a dividend of $0.07 per share on Monday, August 20th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend is Friday, August 3rd. View Sterling Bancorp's Dividend History.

Sterling Bancorp (NYSE:STL) posted its quarterly earnings results on Tuesday, July, 24th. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.02. The financial services provider earned $276.81 million during the quarter, compared to analyst estimates of $272.26 million. Sterling Bancorp had a net margin of 20.19% and a return on equity of 9.67%. The firm's revenue for the quarter was up 110.8% on a year-over-year basis. During the same period last year, the company earned $0.33 EPS. View Sterling Bancorp's Earnings History.

Sterling Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, October, 23rd 2018. View Earnings Estimates for Sterling Bancorp.

6 analysts have issued 12-month price targets for Sterling Bancorp's shares. Their forecasts range from $25.85 to $36.00. On average, they expect Sterling Bancorp's stock price to reach $30.3083 in the next twelve months. This suggests a possible upside of 33.8% 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 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sterling Bancorp.

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

News coverage about STL stock has trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sterling Bancorp earned a coverage optimism score of 0.14 on Accern's scale. They also gave media headlines about the financial services provider an impact score of 46.64 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for Sterling Bancorp.

Sterling Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.63%), Dimensional Fund Advisors LP (4.60%), Victory Capital Management Inc. (2.10%), Bank of America Corp DE (1.62%), Wells Fargo & Company MN (1.37%) and OppenheimerFunds Inc. (1.13%). 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 BlackRock Inc., Dimensional Fund Advisors LP, Voya Investment Management LLC, Picton Mahoney Asset Management, Schwab Charles Investment Management Inc., Federated Investors Inc. PA, Bank of New York Mellon Corp and Russell Investments Group Ltd.. Company insiders that have sold Sterling Bancorp company stock in the last year include Burt Steinberg, Jack L Kopnisky, James F Deutsch, James P Blose, Michael E Finn, Monte N Redman, Thomas G Kahn and Thomas X Geisel. View Insider Buying and Selling for Sterling Bancorp.

STL stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Bank of America Corp DE, Diamond Hill Capital Management Inc., Janus Henderson Group PLC, OppenheimerFunds Inc., Paloma Partners Management Co, Jane Street Group LLC and KBC Group NV. 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 $22.65.

Sterling Bancorp has a market capitalization of $4.98 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.

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]