Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Stock Yards Bancorp stock

Own Stock Yards Bancorp stock in just a few minutes.

Fact checked

Stock Yards Bancorp, Inc is a banks-regional business based in the US. Stock Yards Bancorp shares (SYBT) are listed on the NASDAQ and all prices are listed in US Dollars. Stock Yards Bancorp employs 641 staff and has a trailing 12-month revenue of around USD$167.8 million.

How to buy shares in Stock Yards 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 Stock Yards Bancorp. Find the stock by name or ticker symbol: SYBT. 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 Stock Yards 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. 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 Stock Yards Bancorp, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Stock Yards 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.

Stock Yards Bancorp share price

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

Stock Yards Bancorp shares at a glance

Information last updated 2021-02-23.
52-week rangeUSD$24.6349 - USD$51.4588
50-day moving average USD$44.7144
200-day moving average USD$41.1705
Wall St. target priceUSD$49
PE ratio 19.2124
Dividend yield USD$1.08 (2.18%)
Earnings per share (TTM) USD$2.59

Buy Stock Yards Bancorp shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee Signup bonus
Robinhood
$0
Stocks, Options, ETFs, Gold/Commodities
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Interactive Brokers
$0
Stocks, Bonds, Options
$0 + $0.65/contract, $1 minimum
0%
N/A
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
Tastyworks
$0
Stocks, Options, Cryptocurrency
Stocks & ETFs: $1/contract to open, $0 to close, $10 max/leg
Futures: $2.50/contract to open, $0 to close
0%
Get 100 shares of stock (worth $1 to $6 a share)
Open and fund a new cash or margin account with $2,000+
Trade stocks, options, ETFs and futures on mobile or desktop with this advanced platform.
Moomoo
$0 for US stocks
Stocks, Options, ETFs
$0
N/A
Trade stocks on the US, Hong Kong, Shanghai and Shenzhen markets.
TradeStation
$0
Stocks, Bonds, Options, Mutual funds, ETFs, Cryptocurrency
$0 + $0.50/contract
$50
Deposit qualifying assets of $5,000+
A platform built for all kinds of traders and all styles of trading
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

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 Stock Yards 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.

Is Stock Yards Bancorp under- or over-valued?

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

Stock Yards Bancorp's P/E ratio

Stock Yards 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 19x. In other words, Stock Yards Bancorp shares trade at around 19x 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.

Stock Yards Bancorp's PEG ratio

Stock Yards Bancorp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2. 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 Stock Yards 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.

Stock Yards Bancorp financials

Revenue TTM USD$167.8 million
Operating margin TTM 40.37%
Gross profit TTM USD$167.8 million
Return on assets TTM 1.41%
Return on equity TTM 13.9%
Profit margin 35.08%
Book value $19.421
Market capitalisation USD$1.1 billion

TTM: trailing 12 months

Shorting Stock Yards Bancorp shares

There are currently 730,666 Stock Yards Bancorp shares held short by investors – that's known as Stock Yards Bancorp's "short interest". This figure is 6.4% up from 686,592 last month.

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

Stock Yards Bancorp's "short interest ratio" (SIR)

Stock Yards Bancorp's "short interest ratio" (SIR) is the quantity of Stock Yards Bancorp shares currently shorted divided by the average quantity of Stock Yards Bancorp shares traded daily (recently around 49335.989196489). Stock Yards Bancorp's SIR currently stands at 14.81. In other words for every 100,000 Stock Yards Bancorp shares traded daily on the market, roughly 14810 shares are currently held short.

However Stock Yards Bancorp's short interest can also be evaluated against the total number of Stock Yards Bancorp shares, or, against the total number of tradable Stock Yards Bancorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Stock Yards Bancorp's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Stock Yards Bancorp shares in existence, roughly 30 shares are currently held short) or 0.0343% of the tradable shares (for every 100,000 tradable Stock Yards Bancorp shares, roughly 34 shares are currently held short).

A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the share price and a discouraging interest in betting against Stock Yards Bancorp.

Find out more about how you can short Stock Yards Bancorp stock.

Stock Yards Bancorp share dividends

42%

Dividend payout ratio: 41.54% of net profits

Recently Stock Yards Bancorp has paid out, on average, around 41.54% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.17% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Stock Yards Bancorp shareholders could enjoy a 2.17% return on their shares, in the form of dividend payments. In Stock Yards Bancorp's case, that would currently equate to about $1.08 per share.

While Stock Yards Bancorp's payout ratio might seem fairly standard, it's worth remembering that Stock Yards Bancorp may be investing much of the rest of its net profits in future growth.

Stock Yards Bancorp's most recent dividend payout was on 1 April 2021. The latest dividend was paid out to all shareholders who bought their shares by 11 March 2021 (the "ex-dividend date").

Have Stock Yards Bancorp's shares ever split?

Stock Yards Bancorp's shares were split on a 3:2 basis on 31 May 2016. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Stock Yards Bancorp shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Stock Yards Bancorp shares which in turn could have impacted Stock Yards Bancorp's share price.

Stock Yards Bancorp share price volatility

Over the last 12 months, Stock Yards Bancorp's shares have ranged in value from as little as $24.6349 up to $51.4588. A popular way to gauge a stock's volatility is its "beta".

SYBT.US volatility(beta: 0.83)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Stock Yards Bancorp's is 0.825. This would suggest that Stock Yards Bancorp's shares are less volatile than average (for this exchange).

Stock Yards Bancorp overview

Stock Yards Bancorp, Inc. operates as the holding company for Stock Yards Bank & Trust Company that provides commercial and personal banking services in Louisville, Indianapolis, and Cincinnati. Its deposit products include demand deposits, savings deposits, money market deposits, and time deposits. The company's loan portfolio comprises commercial and industrial, construction and development, undeveloped land, real estate mortgage, and consumer loans. In addition, it offers securities brokerage services through an arrangement with a third party broker-dealer; and financial planning, investment management, retirement planning, trust, and estate services. As of December 31, 2019, the company had 42 full service banking locations, including 32 in the Louisville metropolitan statistical area (MSA), 5 in Indianapolis MSA, and 5 in Cincinnati MSA. Stock Yards Bancorp, Inc. was founded in 1904 and is headquartered in Louisville, Kentucky.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site