S&T Bancorp (STBA) Scheduled to Post Earnings on Thursday

S&T Bancorp (NASDAQ:STBA) is scheduled to release its earnings data before the market opens on Thursday, October 17th. Analysts expect S&T Bancorp to post earnings of $0.82 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

S&T Bancorp (NASDAQ:STBA) last announced its earnings results on Thursday, July 18th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.14. S&T Bancorp had a return on equity of 10.63% and a net margin of 24.20%. The firm had revenue of $142.07 million during the quarter, compared to analyst estimates of $95.85 million. During the same period last year, the firm posted $0.89 EPS. On average, analysts expect S&T Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

S&T Bancorp Trading Up 1.0 %

Shares of S&T Bancorp stock opened at $41.20 on Tuesday. S&T Bancorp has a 1 year low of $24.51 and a 1 year high of $45.79. The firm has a market cap of $1.58 billion, a PE ratio of 11.67 and a beta of 0.79. The stock has a fifty day moving average price of $41.24 and a 200-day moving average price of $36.16. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.99 and a quick ratio of 0.99.

S&T Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 22nd. Stockholders of record on Thursday, August 8th were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 3.20%. The ex-dividend date of this dividend was Thursday, August 8th. S&T Bancorp’s dividend payout ratio is presently 37.39%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on STBA. DA Davidson raised their target price on S&T Bancorp from $32.00 to $41.00 and gave the company a “neutral” rating in a research report on Friday, July 19th. StockNews.com cut S&T Bancorp from a “hold” rating to a “sell” rating in a research note on Thursday, October 3rd.

S&T Bancorp Company Profile

S&T Bancorp, Inc operates as the bank holding company for S&T Bank that engages in the provision of retail and commercial banking products and services. The company operates through six segments: Commercial Real Estate, Commercial and Industrial, Commercial Construction, Business Banking, Consumer Real Estate, and Other Consumer.