Sterling Bancorp Stock Forecast, Price & News

Sterling Bancorp (NYSE:STL) Frequently Asked Questions

Is Sterling Bancorp a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sterling Bancorp in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Sterling Bancorp stock.
View analyst ratings for Sterling Bancorp or view top-rated stocks.

How has Sterling Bancorp's stock price been impacted by COVID-19?

Sterling Bancorp's stock was trading at $12.93 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, STL stock has increased by 89.4% and is now trading at $24.49.
View which stocks have been most impacted by COVID-19.

When is Sterling Bancorp's next earnings date?

Sterling Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, January 19th 2022.
View our earnings forecast for Sterling Bancorp.

How were Sterling Bancorp's earnings last quarter?

Sterling Bancorp (NYSE:STL) announced its quarterly earnings data on Tuesday, October, 19th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.52. The financial services provider earned $246.40 million during the quarter, compared to analysts' expectations of $252.31 million. Sterling Bancorp had a net margin of 34.84% and a trailing twelve-month return on equity of 8.75%. Sterling Bancorp's quarterly revenue was up .2% on a year-over-year basis. During the same period in the previous year, the company posted $0.45 EPS.
View Sterling Bancorp's earnings history.

How often does Sterling Bancorp pay dividends? What is the dividend yield for Sterling Bancorp?

Sterling Bancorp announced a quarterly dividend on Friday, October 22nd. Shareholders of record on Monday, November 1st will be paid a dividend of $0.07 per share on Monday, November 15th. This represents a $0.28 annualized dividend and a dividend yield of 1.14%. The ex-dividend date of this dividend is Friday, October 29th.
View Sterling Bancorp's dividend history.

Is Sterling Bancorp a good dividend stock?

Sterling Bancorp pays an annual dividend of $0.28 per share and currently has a dividend yield of 1.11%. The dividend payout ratio of Sterling Bancorp is 14.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Sterling Bancorp will have a dividend payout ratio of 13.33% next year. This indicates that Sterling Bancorp will be able to sustain or increase its dividend.
View Sterling Bancorp's dividend history.

What price target have analysts set for STL?

6 Wall Street analysts have issued 12-month price objectives for Sterling Bancorp's stock. Their forecasts range from $23.00 to $31.00. On average, they anticipate Sterling Bancorp's share price to reach $26.50 in the next year. This suggests a possible upside of 8.2% from the stock's current price.
View analysts' price targets for Sterling Bancorp or view top-rated stocks among Wall Street analysts.

Who are Sterling Bancorp's key executives?

Sterling Bancorp's management team includes the following people:

• Jack L. Kopnisky, President, Chief Executive Officer & Director
• Luis Massiani, Chief Operating Officer & Senior Executive VP
• Beatrice Ordonez, Chief Financial Officer & Executive Vice President
• Rodney Whitwell, Chief Administrative Officer & Senior Executive VP
• Thomas X. Geisel, Senior Executive VP & President-Corporate Banking (LinkedIn Profile)

What is Jack L. Kopnisky's approval rating as Sterling Bancorp's CEO?

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.

Who are some of Sterling Bancorp's key competitors?

Some companies that are related to Sterling Bancorp include The PNC Financial Services Group (PNC), Truist Financial (TFC), SVB Financial Group (SIVB), First Republic Bank (FRC), Fifth Third Bancorp (FITB), Huntington Bancshares (HBAN), Regions Financial (RF), KeyCorp (KEY), M&T Bank (MTB), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), Zions Bancorporation, National Association (ZION), First Horizon (FHN) and Commerce Bancshares (CBSH).
View all of STL's competitors.

What other stocks do shareholders of Sterling Bancorp own?

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).

What is Sterling Bancorp's stock symbol?

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

Who are Sterling Bancorp's major shareholders?

Sterling Bancorp's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.18%), Dimensional Fund Advisors LP (5.87%), Wellington Management Group LLP (3.16%), Invesco Ltd. (2.65%), Versor Investments LP (1.93%) and Principal Financial Group Inc. (1.87%). Company insiders that own Sterling Bancorp stock include Brian T Edwards, Fernando Ferrer, Jack L Kopnisky, James P Blose, Javier L Evan, Javier L Evans, Luis Massiani, Maureen Mitchell, Mona Aboelnaga, Patricia M Nazemetz, Richard L O'toole, Rodney Whitwell, Thomas X Geisel and William E Whiston.
View institutional ownership trends for Sterling Bancorp.

Which major investors are selling Sterling Bancorp stock?

STL stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Wellington Management Group LLP, Victory Capital Management Inc., Citigroup Inc., BlackRock Inc., Capitolis Advisors LLC, Two Sigma Investments LP, and Barclays PLC. Company insiders that have sold Sterling Bancorp company stock in the last year include Jack L Kopnisky, James P Blose, Javier L Evan, Javier L Evans, Luis Massiani, and Thomas X Geisel.
View insider buying and selling activity for Sterling Bancorp or view top insider-selling stocks.

Which major investors are buying Sterling Bancorp stock?

STL stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Goldman Sachs Group Inc., CNH Partners LLC, Balyasny Asset Management LLC, Balyasny Asset Management LLC, Invesco Ltd., Picton Mahoney Asset Management, and Bank of Nova Scotia. Company insiders that have bought Sterling Bancorp stock in the last two years include Fernando Ferrer, Jack L Kopnisky, James P Blose, Javier L Evan, Maureen Mitchell, Mona Aboelnaga, Patricia M Nazemetz, Richard L O'toole, and William E Whiston.
View insider buying and selling activity for Sterling Bancorp or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Sterling Bancorp's stock price today?

One share of STL stock can currently be purchased for approximately $24.49.

How much money does Sterling Bancorp make?

Sterling Bancorp has a market capitalization of $4.72 billion and generates $1.15 billion in revenue each year. The financial services provider earns $225.77 million in net income (profit) each year or $1.87 on an earnings per share basis.

How many employees does Sterling Bancorp have?

Sterling Bancorp employs 1,460 workers across the globe.

When was Sterling Bancorp founded?

Sterling Bancorp was founded in 1888.

What is Sterling Bancorp's official website?

The official website for Sterling Bancorp is www.sterlingbancorp.com.

Where are Sterling Bancorp's headquarters?

Sterling Bancorp is headquartered at 400 Rella Boulevard, Montebello NY, 10901.

How can I contact Sterling Bancorp?

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, via email at [email protected], or via fax at 845-369-8060.