Dividend Increase: Stock Yards Bancorp, Inc. will increase its dividend to $0.32 on October 1st, representing a 3.2% rise from last year's $0.31, although the yield remains low at 1.5%.
Sustainability of Dividends: The company's payout ratio is currently 28%, indicating that it can comfortably maintain its dividend payments without financial strain.
Growth Potential: With an expected EPS growth of 3.8% over the next year and a history of increasing dividends at a rate of 7.3% annually since 2015, Stock Yards Bancorp shows potential for future dividend growth.
Investor Considerations: While the stable dividend policy may attract investors, it's important to evaluate other factors, as there is one warning sign associated with the company that potential investors should be aware of.
SYBT
$69.02+Infinity%1D
Analyst Views on SYBT
Wall Street analysts forecast SYBT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SYBT is 79.00 USD with a low forecast of 79.00 USD and a high forecast of 79.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
Wall Street analysts forecast SYBT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SYBT is 79.00 USD with a low forecast of 79.00 USD and a high forecast of 79.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
1 Hold
0 Sell
Hold
Current: 69.090
Low
79.00
Averages
79.00
High
79.00
Current: 69.090
Low
79.00
Averages
79.00
High
79.00
Keefe Bruyette
Market Perform
maintain
$80 -> $85
2025-07-24
Reason
Keefe Bruyette
Price Target
$80 -> $85
2025-07-24
maintain
Market Perform
Reason
Keefe Bruyette raised the firm's price target on Stock Yards Bancorp to $85 from $80 and keeps a Market Perform rating on the shares.
Keefe Bruyette
Market Perform
downgrade
$84 -> $80
2025-04-24
Reason
Keefe Bruyette
Price Target
$84 -> $80
2025-04-24
downgrade
Market Perform
Reason
Keefe Bruyette lowered the firm's price target on Stock Yards Bancorp to $80 from $84 and keeps a Market Perform rating on the shares.
Stephens
Stephens
Equal Weight
maintain
$78 -> $80
2025-04-24
Reason
Stephens
Stephens
Price Target
$78 -> $80
2025-04-24
maintain
Equal Weight
Reason
Stephens raised the firm's price target on Stock Yards Bancorp to $80 from $78 and keeps an Equal Weight rating on the shares after the company beat expectations last quarter on an EPS. Stock Yards' strong financial results and premium valuation "open the door for bank M&A once markets settle down," the analyst tells investors in a post-earnings note.
Piper Sandler
Nathan Race
Neutral
maintain
$81
2025-04-24
Reason
Piper Sandler
Nathan Race
Price Target
$81
2025-04-24
maintain
Neutral
Reason
Piper Sandler analyst Nathan Race raised the firm's price target on Stock Yards Bancorp to $81 from $76.50 and keeps a Neutral rating on the shares. Despite slightly less-than-anticipated net interest margin expansion largely due to competitive pricing to generate deposit growth, Stock Yards Bancorp's Q1 results exceeded expectations and profitability further strengthened, the firm says. Piper views Stock Yards Bancorp as a solid long-term holding given its superior organic growth prospects largely via share gains, pristine credit profile, outlook for continued top decile profitability metrics, as well as building excess capital flexibility and premium currency to navigate the $10B in asset threshold via likely well-received M&A.
About SYBT
Stock Yards Bancorp, Inc. is engaged in the business of banking through its subsidiary, Stock Yards Bank & Trust Company (the Bank). The Company has two segments: Commercial Banking, and WM&T. The Commercial Banking segment provides a full range of loan and deposit products to individual consumers and businesses in all its markets through retail lending, mortgage banking, deposit services, online banking, mobile banking, private banking, commercial lending, commercial real estate lending, leasing, treasury management services, international banking, correspondent banking, and other banking services. The Bank also offers securities brokerage services via its banking center network through an arrangement with a third-party broker-dealer in the Commercial Banking segment. The WM&T segment provides investment management, financial and retirement planning, trust and estate services, as well as retirement plan management for businesses and corporations in all markets in which it operates.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
