S&T Bancorp, Inc. (NASDAQ:STBA) Given Price Target Of $30.166


As per S&T Bancorp, Inc. (NASDAQ:STBA)’s news release on 2016-04-21, its shareholders will get cash dividend of $0.19 per share. The recent press release updated on the record date and payout date, which stands at 2016-05-05 and 2016-05-19, respectively.

The stock of S&T Bancorp, Inc. (NASDAQ:STBA) will commence trading ex-dividend from 2016-05-03, until which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year S&T Bancorp, Inc. (NASDAQ:STBA) disbursed $0.75 in dividend compared to distribution of $0.68, a year ago. It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 7.353%.

The past track record of five years substantiates that the average payout of S&T Bancorp, Inc. (NASDAQ:STBA) stands at $0.644, implying 4.0002% growth. The company recorded earnings of $0.52 a share in the preceding fiscal.

The interim price target for S&T Bancorp, Inc. (NASDAQ:STBA) is set at $30.166. This level is the mean price reached by averaging the stock views of 3 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate is seen at $32 and the lowest level is established at 28. This broad range highlights a standard deviation of $2.02 in reported estimates.

AlphaOne has allotted A sentiment score of -0.159 to S&T Bancorp, Inc. (NASDAQ:STBA) while impact score assigned is 0 as on as on 2016-06-07.

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