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How to buy Sterling Bancorp stock | $26.62

Learn how to easily invest in Sterling Bancorp stock.

Sterling Bancorp
NYSE: STL - USD
BANKS-REGIONAL
$22.38
+$0.43 (+1.94%)

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 1,491 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Sterling Bancorp

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – STL – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Sterling Bancorp stock price (NYSE: STL)

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

Sterling Bancorp shares at a glance

Information last updated 2021-07-30.
Latest market close$26.62
52-week range$9.68 - $27.13
50-day moving average $23.70
200-day moving average $23.40
Wall St. target price$28.00
PE ratio 12.0264
Dividend yield $0.28 (1.29%)
Earnings per share (TTM) $1.82

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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 $26.62 from 2021-06-08

1 week (2021-07-25) N/A
1 month (2021-07-02) 8.83%
3 months (2021-05-05) 0.80%
6 months (2021-02-01) N/A
1 year (2020-08-01) N/A
2 years (2019-08-01) N/A
3 years (2018-08-01) N/A
5 years (2016-08-01) 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 12x. In other words, Sterling Bancorp shares trade at around 12x 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 $928.3 million
Operating margin TTM 52.98%
Gross profit TTM $748.1 million
Return on assets TTM 1.2%
Return on equity TTM 7.78%
Profit margin 38.6%
Book value $23.59
Market capitalisation $4.2 billion

TTM: trailing 12 months

Shorting Sterling Bancorp shares

There are currently 5.3 million Sterling Bancorp shares held short by investors – that's known as Sterling Bancorp's "short interest". This figure is 19.2% down from 6.5 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 2.2 million). Sterling Bancorp's SIR currently stands at 2.39. In other words for every 100,000 Sterling Bancorp shares traded daily on the market, roughly 2390 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 0.03% of the outstanding shares (for every 100,000 Sterling Bancorp shares in existence, roughly 30 shares are currently held short) or 0.0275% of the tradable shares (for every 100,000 tradable Sterling Bancorp shares, roughly 28 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

14%

Dividend payout ratio: 14.21% of net profits

Recently Sterling Bancorp has paid out, on average, around 14.21% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.28% 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 1.28% 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 15 August 2021. The latest dividend was paid out to all shareholders who bought their shares by 29 July 2021 (the "ex-dividend date").

Have Sterling Bancorp's shares ever split?

Sterling Bancorp's shares were split on a 4432:1000 basis on 14 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 $9.6843 up to $27.133. A popular way to gauge a stock's volatility is its "beta".

STL.US volatility(beta: 1.7)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 1.7024. 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 interest and non-interest checking, savings, money market, time, and demand deposits, as well as certificates of deposit. Its loan products include commercial and industrial, asset-based, payroll finance, warehouse, factored receivables, equipment finance, public sector finance, and commercial real estate, such as multi-family loans; residential and commercial mortgage loans; consumer loans, such as homeowner loans, home equity lines of credit, new and used automobile loans, and personal unsecured loans; and acquisition, development, and construction loans. The company also engages in the third-party provider to sell mutual funds and annuities; and provision of annuity and wealth management products. As of December 31, 2020, it operated 76 full-service retail and commercial financial centers in the New York Metro Market and the New York Suburban Market. Sterling Bancorp was founded in 1888 and is headquartered in Pearl River, New York. .

Frequently asked questions

What percentage of Sterling Bancorp is owned by insiders or institutions?
Currently 1.008% of Sterling Bancorp shares are held by insiders and 89.522% by institutions.
How many people work for Sterling Bancorp?
Latest data suggests 1,491 work at Sterling Bancorp.
When does the fiscal year end for Sterling Bancorp?
Sterling Bancorp's fiscal year ends in December.
Where is Sterling Bancorp based?
Sterling Bancorp's address is: Two Blue Hill Plaza, Pearl River, NY, United States, 10965
What is Sterling Bancorp's ISIN number?
Sterling Bancorp's international securities identification number is: US85917A1007
What is Sterling Bancorp's CUSIP number?
Sterling Bancorp's Committee on Uniform Securities Identification Procedures number is: 743835100

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