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TrustCo Bank Corp NY is a banks-regional business based in the US. TrustCo Bank Corp NY shares (TRST) are listed on the NASDAQ and all prices are listed in US Dollars. TrustCo Bank Corp NY employs 778 staff and has a trailing 12-month revenue of around USD$165.2 million.
|52-week range||USD$4.1603 - USD$7.34|
|50-day moving average||USD$6.8006|
|200-day moving average||USD$6.1386|
|Wall St. target price||USD$8|
|Dividend yield||USD$0.273 (3.93%)|
|Earnings per share (TTM)||USD$0.543|
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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.
Valuing TrustCo Bank Corp NY stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of TrustCo Bank Corp NY's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
TrustCo Bank Corp NY's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, TrustCo Bank Corp NY shares trade at around 13x 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.
TrustCo Bank Corp NY's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.73. 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 TrustCo Bank Corp NY's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Revenue TTM||USD$165.2 million|
|Operating margin TTM||43.45%|
|Gross profit TTM||USD$165.2 million|
|Return on assets TTM||0.94%|
|Return on equity TTM||9.48%|
|Market capitalisation||USD$677 million|
TTM: trailing 12 months
There are currently 1.1 million TrustCo Bank Corp NY shares held short by investors – that's known as TrustCo Bank Corp NY's "short interest". This figure is 8.1% down from 1.2 million last month.
There are a few different ways that this level of interest in shorting TrustCo Bank Corp NY shares can be evaluated.
TrustCo Bank Corp NY's "short interest ratio" (SIR) is the quantity of TrustCo Bank Corp NY shares currently shorted divided by the average quantity of TrustCo Bank Corp NY shares traded daily (recently around 489576.31578947). TrustCo Bank Corp NY's SIR currently stands at 2.28. In other words for every 100,000 TrustCo Bank Corp NY shares traded daily on the market, roughly 2280 shares are currently held short.
However TrustCo Bank Corp NY's short interest can also be evaluated against the total number of TrustCo Bank Corp NY shares, or, against the total number of tradable TrustCo Bank Corp NY shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case TrustCo Bank Corp NY's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 TrustCo Bank Corp NY shares in existence, roughly 10 shares are currently held short) or 0.014% of the tradable shares (for every 100,000 tradable TrustCo Bank Corp NY shares, roughly 14 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 TrustCo Bank Corp NY.
Find out more about how you can short TrustCo Bank Corp NY stock.
Dividend payout ratio: 50.1% of net profits
Recently TrustCo Bank Corp NY has paid out, on average, around 50.1% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.88% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), TrustCo Bank Corp NY shareholders could enjoy a 3.88% return on their shares, in the form of dividend payments. In TrustCo Bank Corp NY's case, that would currently equate to about $0.273 per share.
TrustCo Bank Corp NY's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
TrustCo Bank Corp NY's most recent dividend payout was on 1 April 2021. The latest dividend was paid out to all shareholders who bought their shares by 4 March 2021 (the "ex-dividend date").
TrustCo Bank Corp NY's shares were split on a 115:100 basis on 17 October 2001. So if you had owned 100 shares the day before before the split, the next day you'd have owned 115 shares. This wouldn't directly have changed the overall worth of your TrustCo Bank Corp NY shares – just the quantity. However, indirectly, the new 13% lower share price could have impacted the market appetite for TrustCo Bank Corp NY shares which in turn could have impacted TrustCo Bank Corp NY's share price.
Over the last 12 months, TrustCo Bank Corp NY's shares have ranged in value from as little as $4.1603 up to $7.34. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while TrustCo Bank Corp NY's is 1.214. This would suggest that TrustCo Bank Corp NY's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals, partnerships, and corporations. The company is primarily involved in accepting deposits, and making loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage backed securities. In addition, the company serves as the executor of estates and trustee of personal trusts; provides asset and wealth management, estate planning and related advice, and custodial services; and acts as trustee for various types of employee benefit plans, and corporate pension and profit sharing trusts. As of December 31, 2019, it operated 148 banking offices and 162 automatic teller machines in New York, Florida, Vermont, Massachusetts, and New Jersey. The company was founded in 1902 and is headquartered in Glenville, New York.
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