S&T Bancorp, Inc. (NASDAQ:STBA) Updates On Dividend Release Date


On 2016-07-21, S&T Bancorp, Inc. (NASDAQ:STBA) confirmed the dividend disbursement of $0.19 a share to shareholders as on record 2016-08-04. The firm will release dividend on 2016-08-18 while ex-dividend date is reported to be 2016-08-02.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, S&T Bancorp, Inc. (NASDAQ:STBA) paid a total of $0.19 per share in dividends. This figure stood at $0.19 a share in the same period a year ago indicating a deviation of 7.353%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $28.25 on the stock. This figure is the average of recommendations offered by 2 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $28.5 and $28, respectively.

Taking the mathematical rating formula, the price for S&T Bancorp, Inc. (NASDAQ:STBA) stands at 2.5. Earnings Review S&T Bancorp, Inc. (NASDAQ:STBA) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-18. For the period ending on 2016-09-30, experts are expecting EPS of $0.5.

Coming to the quarter ending on 2015-12-31, S&T Bancorp, Inc. (NASDAQ:STBA) recorded EPS of $0.49. The reported numbers came lower than the analysts’ estimates of $0.5, demonstrating a miss of $-0.01 as against reported figures.

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