Earnings results for Sterling Bancorp Inc (NASDAQ:SBT)
Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingMar 2020 , the consensus EPS* forecast has remained the same over the past week at 999 and remained the same over the past month at 999. none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at 999 and remained the same over the past month at 999 . none raised and none lowered their forecast.
Analyst Opinion on Sterling Bancorp Inc (NASDAQ:SBT)
2 Wall Street analysts have issued ratings and price targets for Sterling Bancorp in the last 12 months. Their average twelve-month price target is $8.25, suggesting that the stock has a possible upside of 161.90%. The high price target for SBT is $10.50 and the low price target for SBT is $6.00. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus rating of “Hold.”
Sterling Bancorp has received a consensus rating of Hold. The company’s average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating. According to analysts’ consensus price target of $8.25, Sterling Bancorp has a potential upside of 161.9% from its current price of $3.15. Sterling Bancorp has received no research coverage in the past 90 days.
Dividend Strength: Sterling Bancorp Inc (NASDAQ:SBT)
Sterling Bancorp has a dividend yield of 1.27%, which is in the bottom 25% of all stocks that pay dividends. Sterling Bancorp does not have a long track record of dividend growth. The dividend payout ratio of Sterling Bancorp is 3.60%. This payout ratio is at a healthy, sustainable level, below 75%.
Insiders buying/selling: Sterling Bancorp Inc (NASDAQ:SBT)
In the past three months, Sterling Bancorp insiders have not sold or bought any company stock. Only 3.00% of the stock of Sterling Bancorp is held by insiders. Only 27.14% of the stock of Sterling Bancorp is held by institutions.
Earnings and Valuation of Sterling Bancorp Inc (NASDAQ:SBT
The P/E ratio of Sterling Bancorp is 2.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.57. The P/E ratio of Sterling Bancorp is 2.81, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.21. Sterling Bancorp has a P/B Ratio of 0.50. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.
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