Stock Yards Bancorp (NASDAQ:SYBT) Hits New 1-Year High – Should You Buy?

Stock Yards Bancorp, Inc. (NASDAQ:SYBT)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $83.86 and last traded at $83.68, with a volume of 19676 shares trading hands. The stock had previously closed at $82.45.

Trending Headlines about Stock Yards Bancorp

Here are the key news stories impacting Stock Yards Bancorp this week:

• Positive Sentiment: Record quarterly earnings: Stock Yards Bancorp reported net income of $40.1 million, or $1.31 per diluted share, for the quarter ended June 30, 2026. Earnings exceeded analyst estimates ranging from $1.08 to $1.17 per share and increased from $1.15 per share a year earlier. Stock Yards Bancorp Reports Record Second Quarter Earnings
• Positive Sentiment: Revenue also beat expectations: Quarterly revenue totaled $114.67 million, ahead of the $111.66 million consensus estimate. The company reported a 25.06% net margin and 13.58% return on equity, indicating solid profitability and operating performance. Stock Yards Bancorp Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Positive momentum and valuation interest: Coverage highlights SYBT’s strengthening share-price momentum and considers whether the stock remains attractively valued. Its price is above both its 50-day and 200-day moving averages, while its price-to-earnings ratio is approximately 18. Is Stock Yards Bancorp A Bargain As Its Share Price Momentum Builds?
• Neutral Sentiment: Additional reports reviewed the quarter’s key operating metrics against Wall Street estimates and prior-year results, while a separate filing disclosed three insider transactions on July 28. The available reports do not establish whether those transactions were purchases or sales, limiting their immediate signal for investors. Stock Yards Q2 Earnings Key Metrics

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Stock Yards Bancorp in a research report on Friday, July 10th. Piper Sandler restated a “neutral” rating and set a $81.00 target price (up from $78.00) on shares of Stock Yards Bancorp in a research report on Friday, June 26th. Raymond James Financial initiated coverage on shares of Stock Yards Bancorp in a report on Wednesday, July 8th. They set a “hold” rating on the stock. Keefe, Bruyette & Woods lifted their price target on shares of Stock Yards Bancorp from $80.00 to $81.00 and gave the company a “market perform” rating in a research report on Thursday, April 23rd. Finally, Wall Street Zen cut Stock Yards Bancorp from a “sell” rating to a “strong sell” rating in a research note on Sunday, July 12th. One equities research analyst has rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $80.50.

Stock Yards Bancorp Stock Performance

The stock has a 50 day moving average of $75.86 and a 200 day moving average of $70.88. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.30. The firm has a market cap of $2.60 billion, a price-to-earnings ratio of 18.11 and a beta of 0.68.

Stock Yards Bancorp (NASDAQ:SYBT) last announced its quarterly earnings data on Wednesday, July 29th. The bank reported $1.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.23. Stock Yards Bancorp had a net margin of 25.06% and a return on equity of 13.58%. The firm had revenue of $114.67 million for the quarter, compared to the consensus estimate of $111.66 million. As a group, analysts anticipate that Stock Yards Bancorp, Inc. will post 5 EPS for the current fiscal year.

Stock Yards Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Monday, June 15th were given a dividend of $0.32 per share. The ex-dividend date was Monday, June 15th. This represents a $1.28 annualized dividend and a dividend yield of 1.5%. Stock Yards Bancorp’s dividend payout ratio (DPR) is currently 26.34%.

Insider Buying and Selling

In other Stock Yards Bancorp news, President Philip Poindexter sold 1,221 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $70.68, for a total transaction of $86,300.28. Following the completion of the transaction, the president directly owned 53,376 shares in the company, valued at $3,772,615.68. The trade was a 2.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Stock Yards Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of the business. Stock Yards Bank & Trust Co. lifted its position in shares of Stock Yards Bancorp by 37.7% during the 4th quarter. Stock Yards Bank & Trust Co. now owns 1,338,377 shares of the bank’s stock worth $86,928,000 after buying an additional 366,475 shares during the last quarter. Marshall Wace LLP grew its position in Stock Yards Bancorp by 691.5% in the fourth quarter. Marshall Wace LLP now owns 178,002 shares of the bank’s stock valued at $11,561,000 after acquiring an additional 155,512 shares during the last quarter. Thrivent Financial for Lutherans bought a new position in Stock Yards Bancorp in the fourth quarter valued at about $7,461,000. Millennium Management LLC raised its stake in Stock Yards Bancorp by 211.2% during the fourth quarter. Millennium Management LLC now owns 131,842 shares of the bank’s stock worth $8,563,000 after acquiring an additional 89,470 shares in the last quarter. Finally, Deprince Race & Zollo Inc. raised its stake in Stock Yards Bancorp by 146.2% during the fourth quarter. Deprince Race & Zollo Inc. now owns 113,560 shares of the bank’s stock worth $7,376,000 after acquiring an additional 67,440 shares in the last quarter. Institutional investors own 56.46% of the company’s stock.

About Stock Yards Bancorp

Stock Yards Bancorp, Inc is a bank holding company headquartered in Louisville, Kentucky, operating through its principal subsidiary, Stock Yards Bank & Trust Co As a community-oriented financial institution, the company offers a full suite of banking services tailored to individual consumers, small to mid-sized businesses, and municipalities. Its mission centers on fostering long-term client relationships through personalized service, local decision-making, and a commitment to sustainable growth in the markets it serves.

The bank’s core products include a variety of deposit accounts ranging from personal checking and savings to commercial money market and time deposit offerings.