Here Are the Facts You Need to Understand SBNY

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
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.