News coverage about Stock Yards Bancorp (NASDAQ:SYBT) has trended positive on Thursday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Stock Yards Bancorp earned a daily sentiment score of 0.30 on Accern’s scale. Accern also assigned media coverage about the bank an impact score of 46.1222827300488 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Several brokerages have recently commented on SYBT. BidaskClub lowered shares of Stock Yards Bancorp from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 25th. Zacks Investment Research upgraded shares of Stock Yards Bancorp from a “sell” rating to a “hold” rating in a research note on Friday, September 29th.
Stock Yards Bancorp (SYBT) opened at 38.65 on Thursday. The company has a 50-day moving average of $35.80 and a 200-day moving average of $37.53. Stock Yards Bancorp has a 1-year low of $31.90 and a 1-year high of $48.05. The firm has a market capitalization of $875.77 million, a price-to-earnings ratio of 21.01 and a beta of 0.70.
Stock Yards Bancorp (NASDAQ:SYBT) last announced its quarterly earnings data on Wednesday, July 26th. The bank reported $0.46 EPS for the quarter, missing the Zacks’ consensus estimate of $0.48 by ($0.02). Stock Yards Bancorp had a return on equity of 13.36% and a net margin of 28.11%. The business had revenue of $36.91 million during the quarter, compared to the consensus estimate of $37.06 million. On average, equities analysts predict that Stock Yards Bancorp will post $1.90 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Monday, October 2nd. Shareholders of record on Monday, September 11th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.07%. The ex-dividend date was Friday, September 8th. Stock Yards Bancorp’s dividend payout ratio (DPR) is currently 43.24%.
In other Stock Yards Bancorp news, insider Philip Poindexter sold 850 shares of the company’s stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $35.26, for a total transaction of $29,971.00. Following the sale, the insider now directly owns 23,132 shares of the company’s stock, valued at $815,634.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Kathy C. Thompson sold 1,816 shares of the company’s stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $35.20, for a total transaction of $63,923.20. Following the sale, the insider now directly owns 40,161 shares in the company, valued at $1,413,667.20. The disclosure for this sale can be found here. Over the last ninety days, insiders have acquired 431 shares of company stock worth $15,495 and have sold 6,132 shares worth $217,921. Corporate insiders own 6.20% of the company’s stock.
About Stock Yards Bancorp
Stock Yards Bancorp, Inc is the holding company for Stock Yards Bank & Trust Company (the Bank). The Bank is a state chartered bank. The Company operates through two segments: commercial banking, and wealth management and trust. The commercial banking segment provides a full range of loan and deposit products to individual consumers and businesses, plus origination of consumer mortgages and securities brokerage activity.
What are top analysts saying about Stock Yards Bancorp Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Stock Yards Bancorp Inc. and related companies.