S&T Bancorp (NASDAQ:STBA) announced a quarterly dividend on Tuesday, July 23rd, Analyst Ratings.Net reports. Stockholders of record on Thursday, August 8th will be paid a dividend of $0.15 per share on Friday, August 23rd. This represents a $0.60 annualized dividend and a dividend yield of 2.59%.
A number of research firms have recently commented on STBA. Analysts at Guggenheim upgraded shares of S&T Bancorp from a “neutral” rating to a “buy” rating in a research note to investors on Wednesday, June 26th. On a related note, analysts at Zacks upgraded shares of S&T Bancorp from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, June 25th. They now have a $21.10 price target on the stock. Finally, analysts at RBC Capital raised their price target on shares of S&T Bancorp from $19.00 to $20.00 in a research note to investors on Thursday, April 25th. They now have a “sector perform” rating on the stock.
S&T Bancorp (NASDAQ: STBA) traded up 3.80% on Wednesday, hitting $24.34. S&T Bancorp has a 1-year low of $15.68 and a 1-year high of $23.77. The stock’s 50-day moving average is currently $20.4. The company has a market cap of $723.4 million and a price-to-earnings ratio of 16.03.
S&T Bancorp (NASDAQ:STBA) last announced its earnings results on Tuesday, July 23rd. The company reported $0.47 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.36 by $0.11. During the same quarter in the prior year, the company posted $0.30 earnings per share. On average, analysts predict that S&T Bancorp will post $1.45 earnings per share for the current fiscal year.
S&T Bancorp, Inc (NASDAQ: STBA) is a bank holding company and has three wholly owned subsidiaries, S&T Bank, 9th Street Holdings, Inc and STBA Capital Trust I.
