Media headlines about S & T Bancorp (NASDAQ:STBA) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. S & T Bancorp earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 46.5206360228493 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
A number of analysts have recently commented on the stock. BidaskClub raised shares of S & T Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, February 10th. Zacks Investment Research lowered shares of S & T Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, February 14th. Finally, Piper Jaffray Companies reissued a “hold” rating and issued a $42.00 price objective on shares of S & T Bancorp in a research report on Tuesday, January 9th. Five research analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and an average price target of $43.50.
Shares of S & T Bancorp (NASDAQ:STBA) opened at $39.46 on Thursday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.11. The company has a market cap of $1,426.16, a price-to-earnings ratio of 18.88 and a beta of 0.85. S & T Bancorp has a 1 year low of $31.72 and a 1 year high of $43.17.
The company also recently declared a quarterly dividend, which was paid on Thursday, February 22nd. Shareholders of record on Thursday, February 8th were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 2.23%. The ex-dividend date was Wednesday, February 7th. S & T Bancorp’s dividend payout ratio (DPR) is currently 42.11%.
In other S & T Bancorp news, CEO Todd D. Brice sold 5,000 shares of the company’s stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $40.38, for a total transaction of $201,900.00. Following the sale, the chief executive officer now directly owns 85,989 shares of the company’s stock, valued at $3,472,235.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.71% of the company’s stock.
About S & T Bancorp
S&T Bancorp, Inc (S&T) is a bank holding company. The Company operates through three segments: Community Banking, Wealth Management and Insurance. The Community Banking segment offers services, which include accepting time and demand deposits, and originating commercial and consumer loans. The Wealth Management segment offers brokerage services, serves as executor and trustee under wills and deeds and as guardian and custodian of employee benefits and provides other trust services.
Receive News & Ratings for S & T Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for S & T Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.