Home Sectors Financial Services Trading Results: Signature Bank (NASDAQ: SBNY)

Trading Results: Signature Bank (NASDAQ: SBNY)

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Signature Bank trades as part of the financial services sector and banking industry. The company CEO is Joseph J. Depaolo. Signature Bank offers a wide variety of business and personal banking products and services. It also provides brokerage, asset management and insurance products and services.

Previous Intraday Trading Performance:

The SBNY stock showed a previous change of 2.51% with an open at 118.13 and a close of 120.32. It reached an intraday high of 120.50 and a low of 117.85.

Business Wire:  Signature Bank to Present at the 2019 Morgan Stanley Financials Conference

Liquidity:

The stock has a market cap of $6.6b with 55.1m shares outstanding, of which the float is 55.1m shares. Trading volume reached 402,257 shares compared to its average volume of 455,172 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Signature Bank shares returned 1.25% and in the past 30 trading days it returned -8.90%. Over three months, it changed -10.28%. In one year it has changed -3.56% and within that year its 52-week high was 137.94 and its 52-week low was 98.54. SBNY stock is 22.11% above its 52 Week Low.

Our calculations show a 200 day moving average of 120.19 and a 50 day moving average of 125.28. Currently SBNY stock is trading 0.11% above its 200 day moving average and may be a good opportunity to buy.

Business Wire:  Signature Bank to Present at the 2019 Morgan Stanley Financials Conference

Earnings:

The last annual fiscal EPS for the company was reported at 9.23 that ended on 31st of December 2018, which according to the previous close, that is a PE of 13.04. Based on 16 analyst estimates, the consensus EPS for the next quarter is 2.76. The TTM EPS is 11.29, which comes to a TTM PE of 10.66. Historically, the PE high was 27.90 and the PE low was 10.66. SBNY stock has set a new PE low record!

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/17/2019): 2.65
4thQtr of 2018 (Reported on 01/17/2019): 2.93
3rdQtr of 2018 (Reported on 10/18/2018): 2.84
2ndQtr of 2018 (Reported on 07/19/2018): 2.83
1stQtr of 2018 (Reported on 04/19/2018): 0.63

The dividend per share is currently 2.24, which is a dividend yield of 1.86%. Also, the payout ratio is 19.84%, therefore the dividend is safe according to our calculations.

Indicators to Watch:

The current calculated beta is 1.38.

SeekingAlpha:  Tracking Nelson Peltz’s Trian Fund Management Portfolio – Q1 2019 Update

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 14.97%, return on assets is 1.38%, profit margin is 34.08%, price-to-sales is 3.59 and price-to-book is 1.42.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 4  :Past Performance Score
 6  :Financial Strength Score
 2  :Future Growth Score
 3  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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