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

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

Sterling Bancorp declared a quarterly dividend on Thursday, January 23rd. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.07 per share on Tuesday, February 18th. This represents a $0.28 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend is Friday, January 31st. View Sterling Bancorp's Dividend History.

Sterling Bancorp (NYSE:STL) issued its earnings results on Wednesday, January, 22nd. The financial services provider reported $0.54 EPS for the quarter, topping the consensus estimate of $0.53 by $0.01. The financial services provider had revenue of $260.60 million for the quarter, compared to analyst estimates of $256.05 million. Sterling Bancorp had a net margin of 31.85% and a return on equity of 9.97%. The business's revenue was down 1.8% on a year-over-year basis. During the same quarter last year, the business earned $0.52 earnings per share. View Sterling Bancorp's Earnings History.

Sterling Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Sterling Bancorp.

7 brokerages have issued 12 month price objectives for Sterling Bancorp's stock. Their forecasts range from $25.00 to $28.00. On average, they anticipate Sterling Bancorp's stock price to reach $26.08 in the next year. This suggests a possible upside of 30.3% from the stock's current price. View Analyst Price Targets for Sterling Bancorp.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sterling Bancorp in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sterling Bancorp.

News headlines about STL stock have trended somewhat negative on Monday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing 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 closest to five being the most favorable. Sterling Bancorp earned a daily sentiment score of -1.4 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Sterling Bancorp.

Sterling Bancorp saw a decrease in short interest in the month of January. As of January 15th, there was short interest totalling 8,610,000 shares, a decrease of 8.7% from the December 31st total of 9,430,000 shares. Based on an average daily volume of 1,230,000 shares, the short-interest ratio is currently 7.0 days. Approximately 4.3% of the shares of the stock are sold short. View Sterling Bancorp's Current Options Chain.

Some companies that are related to Sterling Bancorp include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC) and TCF Financial (TCF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sterling Bancorp investors own include JPMorgan Chase & Co. (JPM), BGC Partners (BGCP), Heico (HEI), NVIDIA (NVDA), QUALCOMM (QCOM), WebMD Health (WBMD), Alibaba Group (BABA), Bank of America (BAC), General Electric (GE) and Alphabet (GOOG).

Sterling Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include California Public Employees Retirement System (0.29%), Kahn Brothers Group Inc. DE (0.19%), Smith Graham & Co. Investment Advisors LP (0.18%), Hudson Valley Investment Advisors Inc. ADV (0.17%), New York State Teachers Retirement System (0.13%) and Arizona State Retirement System (0.06%). Company insiders that own Sterling Bancorp stock include Brian T Edwards, Burt Steinberg, Jack L Kopnisky, James F Deutsch, James J Landy, James P Blose, Javier L Evan, Mona Aboelnaga, Richard L O'toole, Robert Giambrone, Rodney Whitwell 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 Kahn Brothers Group Inc. DE, Arizona State Retirement System, Hennessy Advisors Inc., Smith Graham & Co. Investment Advisors LP, State of Alaska Department of Revenue, Dupont Capital Management Corp, Hudson Valley Investment Advisors Inc. ADV and SeaCrest Wealth Management LLC. Company insiders that have sold Sterling Bancorp company stock in the last year include Brian T Edwards, Jack L Kopnisky, James J Landy, Javier L Evan, Rodney Whitwell 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 California Public Employees Retirement System, New York State Teachers Retirement System, FNY Investment Advisers LLC, Strs Ohio, Janney Montgomery Scott LLC, Sciencast Management LP and Virginia Retirement Systems ET AL. Company insiders that have bought Sterling Bancorp stock in the last two years include Mona Aboelnaga, Richard L O'toole and Robert Giambrone. 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, Robinhood, Fidelity and Charles Schwab.

One share of STL stock can currently be purchased for approximately $20.02.

Sterling Bancorp has a market capitalization of $4.04 billion and generates $1.33 billion in revenue each year. The financial services provider earns $427.04 million in net income (profit) each year or $2.07 on an earnings per share basis. Sterling Bancorp employs 1,907 workers across the globe.View Additional Information About Sterling Bancorp.

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]