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How to buy Sterling Bancorp stock | $17.2

Own Sterling Bancorp stock in just a few minutes.

Fact checked

Sterling Bancorp is a banks-regional business based in the US. Sterling Bancorp shares (STL) are listed on the NYSE and all prices are listed in US Dollars. Sterling Bancorp employs 1,466 staff and has a trailing 12-month revenue of around USD$770 million.

How to buy shares in Sterling Bancorp

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Sterling Bancorp. Find the stock by name or ticker symbol: STL. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Sterling Bancorp reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$17.2, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Sterling Bancorp, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Sterling Bancorp. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Sterling Bancorp share price

Use our graph to track the performance of STL stocks over time.

Sterling Bancorp shares at a glance

Information last updated 2020-12-04.
Latest market closeUSD$17.2
52-week rangeUSD$6.88 - USD$21.1714
50-day moving average USD$14.6451
200-day moving average USD$12.3988
Wall St. target priceUSD$16.75
PE ratio 13.5308
Dividend yield USD$0.28 (1.67%)
Earnings per share (TTM) USD$1.266

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Sterling Bancorp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Sterling Bancorp price performance over time

Historical closes compared with the close of $17.2 from 2020-12-09

1 week (2021-01-09) N/A
1 month (2020-12-16) N/A
3 months (2020-10-16) N/A
6 months (2020-07-16) N/A
1 year (2020-01-16) N/A
2 years (2019-01-16) N/A
3 years (2018-01-16) N/A
5 years (2016-01-16) N/A

Is Sterling Bancorp under- or over-valued?

Valuing Sterling Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Sterling Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Sterling Bancorp's P/E ratio

Sterling Bancorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Sterling Bancorp shares trade at around 14x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Sterling Bancorp's PEG ratio

Sterling Bancorp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.57. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Sterling Bancorp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Sterling Bancorp financials

Revenue TTM USD$770 million
Operating margin TTM 45.37%
Gross profit TTM USD$992 million
Return on assets TTM 0.84%
Return on equity TTM 5.64%
Profit margin 33.25%
Book value $22.734
Market capitalisation USD$3.3 billion

TTM: trailing 12 months

Shorting Sterling Bancorp shares

There are currently 7.8 million Sterling Bancorp shares held short by investors – that's known as Sterling Bancorp's "short interest". This figure is 2.2% up from 7.6 million last month.

There are a few different ways that this level of interest in shorting Sterling Bancorp shares can be evaluated.

Sterling Bancorp's "short interest ratio" (SIR)

Sterling Bancorp's "short interest ratio" (SIR) is the quantity of Sterling Bancorp shares currently shorted divided by the average quantity of Sterling Bancorp shares traded daily (recently around 3.5 million). Sterling Bancorp's SIR currently stands at 2.24. In other words for every 100,000 Sterling Bancorp shares traded daily on the market, roughly 2240 shares are currently held short.

However Sterling Bancorp's short interest can also be evaluated against the total number of Sterling Bancorp shares, or, against the total number of tradable Sterling Bancorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Sterling Bancorp's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Sterling Bancorp shares in existence, roughly 40 shares are currently held short) or 0.0403% of the tradable shares (for every 100,000 tradable Sterling Bancorp shares, roughly 40 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Sterling Bancorp.

Find out more about how you can short Sterling Bancorp stock.

Sterling Bancorp share dividends

22%

Dividend payout ratio: 22.22% of net profits

Recently Sterling Bancorp has paid out, on average, around 22.22% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.67% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Sterling Bancorp shareholders could enjoy a 1.67% return on their shares, in the form of dividend payments. In Sterling Bancorp's case, that would currently equate to about $0.28 per share.

While Sterling Bancorp's payout ratio might seem low, this can signify that Sterling Bancorp is investing more in its future growth.

Sterling Bancorp's most recent dividend payout was on 16 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 30 October 2020 (the "ex-dividend date").

Have Sterling Bancorp's shares ever split?

Sterling Bancorp's shares were split on a 4432:1000 basis on 15 January 2004. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 4432 shares. This wouldn't directly have changed the overall worth of your Sterling Bancorp shares – just the quantity. However, indirectly, the new 77.4% lower share price could have impacted the market appetite for Sterling Bancorp shares which in turn could have impacted Sterling Bancorp's share price.

Sterling Bancorp share price volatility

Over the last 12 months, Sterling Bancorp's shares have ranged in value from as little as $6.88 up to $21.1714. A popular way to gauge a stock's volatility is its "beta".

STL.US volatility(beta: 1.67)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Sterling Bancorp's is 1.6724. This would suggest that Sterling Bancorp's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Sterling Bancorp overview

Sterling Bancorp operates as the bank holding company for Sterling National Bank that provides various banking products and services to commercial, consumer, and municipal clients in the United States. The company accepts deposit products, including checking, savings, money market, time, and interest and non-interest bearing demand deposits, as well as certificates of deposit and mortgage escrow funds. It also originates various loans that comprise residential and commercial mortgage loans; commercial and industrial, asset-based, payroll finance, warehouse, factored receivables, equipment finance, public sector finance, and commercial real estate and multi-family loans; consumer loans, such as homeowner loans, home equity lines of credit, new and used automobile loans, mortgage loans, and personal unsecured loans; and acquisition, development, and construction loans. In addition, the company engages in the third-party provider to sell mutual funds and annuities; and provision of annuity and wealth management products. As of December 31, 2019, it operated 82 full-service retail and commercial financial centers, which comprise 21 offices are located in Nassau County, 16 in Suffolk County, 11 in Queens County, seven in Westchester County, nine in Kings County, seven in Rockland County, five in Orange County, New York City, and two in Bronx County, as well as one office each in Sullivan and Ulster Counties in New York; and one office in Bergen County, New Jersey. Sterling Bancorp was founded in 1888 and is headquartered in Montebello, New York.

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