Shares of Financial Services sector company Signature Bank moved -3.0% today, and are now trading at a price of $112.37. The large-cap stock's daily volume was 359,514 compared to its average volume of 1,176,691. The S&P 500 index returned a -0.2% performance.
Signature Bank provides commercial banking products and services. The company is based in New York and has 1,854 full time employees. Its market capitalization is $7,071,320,576. Signature Bank currently offers its equity investors a dividend that yields 1.9% per year.
16 analysts are following Signature Bank and have set target prices ranging from $124 to $250 per share. On average, they have given the company a rating of buy. At today's prices, SBNY is trading -30.15% away from its average analyst target price of $160.88 per share.
Over the last year, SBNY shares have gone down by -67.9%, which represents a difference of -50.5% when compared to the S&P 500. The stock's 52 week high is $374.76 per share and its 52 week low is $106.81. With average free cash flows of $820,751,333.3 that have been growing at an average rate of 7.0% over the last four years, Signature Bank declining stock performance may not be reflective of the quality of its underlying business.
| Date Reported | Cash Flow from Operations ($ MM) | Capital expenditures ($ MM) | Free Cash Flow ($ MM) | YoY Growth (%) |
|---|---|---|---|---|
| 2021-12-31 | 880 | -32 | 847 | -2.52 |
| 2020-12-31 | 904 | -35 | 869 | 16.61 |
| 2019-12-31 | 778 | -33 | 745 | n/a |
