SIGNATURE BANK (SBNY) Forecast, Price Target & Analyst Ratings

NASDAQ:SBNY • US82669G1040

Current stock price

70 USD
-20.76 (-22.87%)
At close:
69.62 USD
-0.38 (-0.54%)
Pre-Market:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for SIGNATURE BANK (SBNY).

Forecast Snapshot

Consensus Price Target

Price Target
$155.04
+ 121.49% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 17, 2023
Period
Q1 / 2023
EPS Estimate
$3.99
Revenue Estimate
636.83M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
78.26%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$155.04
Upside
+ 121.49%
From current price of $70.00 to mean target of $155.04, Based on 23 analyst forecasts
Low
$114.13
Median
$147.90
High
$224.70

Price Target Revisions

1 Month
-0.22%
3 Months
-27.03%

Price Target Summary

23 Wall Street analysts provided a forecast for the next 12 months for SBNY. The average price target is 155.04 USD. This implies a price increase of 121.49% is expected in the next year compared to the current price of 70.
The average price target has been revised downward by 27.03% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

SBNY Current Analyst RatingSBNY Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8

Analyst Ratings History

SBNY Historical Analyst RatingsSBNY Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
78.26%
SBNY was analyzed by 23 analysts. The buy percentage consensus is at 78. So analysts seem to be have mildly positive about SBNY.
In the previous month the buy percentage consensus was at a similar level.
SBNY was analyzed by 23 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-03-13Wells FargoDowngrade Overweight
2023-01-18Stephens & Co.Downgrade Overweight -> Equal-Weight
2023-01-18Morgan StanleyMaintains Equal-Weight
2022-12-16Morgan StanleyMaintains Equal-Weight
2022-12-15Wells FargoMaintains Overweight
2022-12-13JP MorganMaintains Overweight
2022-12-07Raymond JamesDowngrade Strong Buy -> Market Perform
2022-12-05Morgan StanleyDowngrade Overweight -> Equal-Weight
2022-10-20Deutsche BankMaintains Buy
2022-10-19WedbushMaintains Outperform
2022-10-19Raymond JamesMaintains Strong Buy
2022-10-19Morgan StanleyMaintains Overweight
2022-10-06Wells FargoMaintains Overweight
2022-10-05Morgan StanleyMaintains Overweight
2022-09-30Goldman SachsMaintains Buy
2022-09-08JefferiesMaintains Buy
2022-09-07WedbushMaintains Outperform
2022-07-27UBSMaintains Buy
2022-07-20Keefe, Bruyette & WoodsMaintains Outperform
2022-07-20Raymond JamesMaintains Strong Buy
2022-07-20Morgan StanleyMaintains Overweight
2022-07-20Maxim GroupMaintains Buy
2022-07-12Morgan StanleyMaintains Overweight
2022-07-01JP MorganMaintains Overweight
2022-06-27Raymond JamesMaintains Strong Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 17, 2023
Period
Q1 / 2023
EPS Estimate
$3.99
Revenue Estimate
636.83M
Revenue Q2Q
4.75%
EPS Q2Q
-13.92%
Number of Analysts
19

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-2.93%
EPS (1 Month)
0.00%
EPS (3 Months)
-4.58%

Next Earnings Summary

SBNY is expected to report earnings on 4/17/2023. The consensus EPS estimate for the next earnings is 3.99 USD and the consensus revenue estimate is 636.83M USD.
The next earnings revenue estimate has been revised downward by 2.93% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2019 2020 2021 2022 2023 2024
Revenue
YoY % growth
SBNY revenue by date.SBNY revenue by date.
1.373B
1.76%		1.594B
16.09%		2.001B
25.53%		2.759B
37.85%		2.547B
-7.68%		2.765B
8.56%
EBITDA
YoY % growth
SBNY ebitda by date.SBNY ebitda by date.
N/AN/AN/AN/AN/AN/A
EBIT
YoY % growth
SBNY ebit by date.SBNY ebit by date.
N/A
-4.39%		N/A
17.71%		N/A
35.01%		1.897B
45.48%		1.504B
-20.72%		1.58B
5.05%
Operating Margin
SBNY operating margin by date.SBNY operating margin by date.
N/AN/AN/A68.76%59.05%57.14%
EPS
YoY % growth
SBNY eps by date.SBNY eps by date.
10.90
17.97%		9.97
-8.53%		15.03
50.75%		21.45
33.80%		14.93
-25.73%		16.21
8.57%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 23 Q2 / 23 Q3 / 23 Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth		3.99
-13.92%		3.68
-30.10%		3.61
-35.22%		3.68
-20.92%		3.86
-3.20%		4.06
10.33%		4.29
18.90%		4.51
22.58%
Revenue
Q2Q % growth		636.83M
4.75%		624.41M
-9.08%		636.79M
-11.28%		654.41M
-6.74%		647.42M
1.66%		666.25M
6.70%		688.94M
8.19%		707.64M
8.13%
EBITDA
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth		389.45M
-6.53%		365.36M
-24.98%		368.23M
-30.14%		383.66M
-19.27%		343.28M
-11.86%		353.48M
-3.25%		367M
-0.33%		380.87M
-0.73%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

SBNY Yearly Revenue VS EstimatesSBNY Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B
SBNY Yearly EPS VS EstimatesSBNY Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
2.56%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
10.98%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

SIGNATURE BANK / SBNY Forecast FAQ

What is the price target for SBNY stock?

23 analysts have analysed SBNY and the average price target is 155.04 USD. This implies a price increase of 121.49% is expected in the next year compared to the current price of 70.

When does SIGNATURE BANK (SBNY) report earnings?

SIGNATURE BANK (SBNY) will report earnings on 2023-04-17, before the market open.

What are the consensus estimates for SIGNATURE BANK (SBNY) next earnings?

The consensus EPS estimate for the next earnings of SIGNATURE BANK (SBNY) is 3.99 USD and the consensus revenue estimate is 636.83M USD.

What is the expected long term growth rate for SBNY stock?

The expected long term growth rate for SIGNATURE BANK (SBNY) is 10.98%.