DA Davidson Weighs in on S&T Bancorp, Inc.'s FY2025 Earnings (NASDAQ:STBA)

S&T Bancorp, Inc. (NASDAQ:STBA - Free Report) - Analysts at DA Davidson decreased their FY2025 EPS estimates for S&T Bancorp in a research note issued on Thursday, October 3rd. DA Davidson analyst M. Navas now expects that the financial services provider will post earnings of $3.00 per share for the year, down from their previous estimate of $3.05. DA Davidson has a "Neutral" rating and a $41.00 price target on the stock. The consensus estimate for S&T Bancorp's current full-year earnings is $3.31 per share.

Separately, StockNews.com lowered shares of S&T Bancorp from a "hold" rating to a "sell" rating in a research report on Thursday.

S&T Bancorp Price Performance

Shares of STBA traded down $0.49 during mid-day trading on Monday, reaching $39.19. The stock had a trading volume of 176,165 shares, compared to its average volume of 163,127. The firm has a market cap of $1.50 billion, a price-to-earnings ratio of 11.10 and a beta of 0.79. S&T Bancorp has a 12 month low of $24.51 and a 12 month high of $45.79. The business has a fifty day moving average of $41.50 and a 200 day moving average of $35.85. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.99 and a current ratio of 0.99.

S&T Bancorp (NASDAQ:STBA - Get Free Report) last posted its quarterly earnings results on Thursday, July 18th. The financial services provider reported $0.89 earnings per share for the quarter, topping analysts' consensus estimates of $0.75 by $0.14. The business had revenue of $142.07 million during the quarter, compared to analyst estimates of $95.85 million. S&T Bancorp had a net margin of 24.20% and a return on equity of 10.63%. During the same period in the prior year, the business posted $0.89 earnings per share.

S&T Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 22nd. Investors of record on Thursday, August 8th were given a dividend of $0.33 per share. The ex-dividend date of this dividend was Thursday, August 8th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.37%. S&T Bancorp's dividend payout ratio is 37.39%.

Hedge Funds Weigh In On S&T Bancorp

Hedge funds and other institutional investors have recently modified their holdings of the stock. Louisiana State Employees Retirement System raised its stake in S&T Bancorp by 1.6% during the second quarter. Louisiana State Employees Retirement System now owns 19,200 shares of the financial services provider's stock valued at $641,000 after purchasing an additional 300 shares in the last quarter. Texas Permanent School Fund Corp raised its stake in S&T Bancorp by 1.3% during the first quarter. Texas Permanent School Fund Corp now owns 33,461 shares of the financial services provider's stock valued at $1,073,000 after purchasing an additional 432 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in S&T Bancorp by 2.6% during the second quarter. The Manufacturers Life Insurance Company now owns 19,436 shares of the financial services provider's stock valued at $649,000 after purchasing an additional 498 shares in the last quarter. GAMMA Investing LLC raised its stake in S&T Bancorp by 80.8% during the third quarter. GAMMA Investing LLC now owns 1,177 shares of the financial services provider's stock valued at $49,000 after purchasing an additional 526 shares in the last quarter. Finally, HBK Sorce Advisory LLC raised its stake in shares of S&T Bancorp by 4.2% in the second quarter. HBK Sorce Advisory LLC now owns 14,557 shares of the financial services provider's stock valued at $486,000 after acquiring an additional 584 shares during the period. Institutional investors own 65.22% of the company's stock.

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.