| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/30/2023 | $36.00 → $34.00 | Neutral → Overweight | Piper Sandler |
4 - Stellar Bancorp, Inc. (0001473844) (Issuer)
4 - Stellar Bancorp, Inc. (0001473844) (Issuer)
4 - Stellar Bancorp, Inc. (0001473844) (Issuer)
4 - Stellar Bancorp, Inc. (0001473844) (Issuer)
4 - Stellar Bancorp, Inc. (0001473844) (Issuer)
4 - Stellar Bancorp, Inc. (0001473844) (Issuer)
4 - Stellar Bancorp, Inc. (0001473844) (Issuer)
4 - Stellar Bancorp, Inc. (0001473844) (Issuer)
4 - Stellar Bancorp, Inc. (0001473844) (Issuer)
4 - Stellar Bancorp, Inc. (0001473844) (Issuer)
The Company has an existing share repurchase program under which the Company may repurchase up to $60 million of the Company's common stock through May 31, 2024.
Keefe, Bruyette & Woods analyst Catherine Mealor maintains Stellar Bancorp (NYSE:STEL) with a Market Perform and lowers the price target from $30 to $26.
Stellar Bancorp (NYSE:STEL) reported quarterly earnings of $0.49 per share which beat the analyst consensus estimate of $0.48 by 2.08 percent. This is a 30 percent decrease over earnings of $0.70 per share from the same period last year. The company reported quarterly sales of $108.414 million which beat the analyst consensus estimate of $107.136 million by 1.19 percent. This is a 12.09 percent decrease over sales of $123.325 million the same period last year.
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here’s the latest list of major oversold players in this sector, having an RSI near or below 30. New York Community Bancorp, Inc. (NYSE:NYCB) On Jan. 31, New York Community Bancorp reported worse-than-expected fourth-quarter fin
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Morgan Stanley raised Wells Fargo & Company (NYSE:WFC) price target from $54 to $63. Morgan Stanley analyst Betsy Graseck maintained an Overweight rating. Wells Fargo shares rose 0.1% to close at $50.35 on Monday. See how other analysts view this stock. Needham raised the price target for F5, Inc. (NASDAQ:FFIV) from $200 to $220. Needham analyst Alex Henderson maintained a Buy rating. F5 shares gained 1% to close at $185.37 on Monday. See how other analysts view this stock. Wells Fargo raised Wes
Raymond James analyst David Feaster maintains Stellar Bancorp (NYSE:STEL) with a Outperform and raises the price target from $24 to $29.
Stellar Bancorp (NYSE:STEL) reported quarterly earnings of $0.55 per share which met the analyst consensus estimate. This is a 1275 percent increase over earnings of $0.04 per share from the same period last year. The company reported quarterly sales of $112.82 million which beat the analyst consensus estimate of $108.24 million by 4.23 percent. This is a 10.64 percent decrease over sales of $126.25 million the same period last year.
Companies Reporting Before The Bell • Autoliv (NYSE:ALV) is projected to report quarterly earnings at $3.23 per share on revenue of $2.75 billion. • Gentex (NASDAQ:GNTX) is expected to report quarterly earnings at $0.44 per share on revenue of $559.48 million. • Norfolk Southern (NYSE:NSC) is expected to report quarterly earnings at $2.87 per share on revenue of $3.08 billion. • Oxford Lane Capital (NASDAQ:OXLC) is likely to report earnings for its third quarter. • Badger Meter (NYSE:BMI) is estimated to report quarterly earnings at $0.82 per share on revenue of $182.32 million. • American Express (NYSE:AXP) is estimated to report quarterly earnings at $2.64 per share on revenue of $16
Stellar Bancorp (NYSE:STEL) is set to give its latest quarterly earnings report on Friday, 2024-01-26. Here's what investors need to know before the announcement. Analysts estimate that Stellar Bancorp will report an earnings per share (EPS) of $0.55. Stellar Bancorp bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company beat EPS by $0.01, which was followed by a 0.0% drop in the share
Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) announced today that its Board of Directors declared a quarterly cash dividend of $0.14 per share of common stock payable on December 31, 2024, to the shareholders of record at the close of business on December 13, 2024. This is an increase of $0.01 per share from the previous quarterly dividend of $0.13 per common share. About Stellar Bancorp, Inc. Stellar Bancorp, Inc. is a bank holding company headquartered in Houston, Texas. The Company's principal banking subsidiary, Stellar Bank, provides a diversified range of commercial banking services primarily to small- to medium-sized businesses and individual customers across the Houston, Da
Stellar Bancorp, Inc. (the "Company" or "Stellar") (NYSE:STEL) today reported net income of $33.9 million, or diluted earnings per share of $0.63, for the third quarter of 2024 compared to net income of $29.8 million, or diluted earnings per share of $0.56, for the second quarter of 2024. "We are pleased to announce our third quarter 2024 financial results that reflect our work as we mark the second anniversary of our transformational merger completed on October 1, 2022," said Robert R. Franklin, Jr., Stellar's Chief Executive Officer. "Since the merger, we have focused on building the foundation of Stellar Bank. Those efforts include constructing the scalable infrastructure to support an
Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) will hold a conference call to discuss its third quarter 2024 results on Friday, October 25, 2024, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). The related earnings release will be issued prior to the market opening on October 25, 2024, and will also be available on the Investor Relations section of the Company's website at https://ir.stellar.bank/events-and-presentations. Conference Call and Live Webcast Participants may register for the conference call at https://registrations.events/direct/Q4I635867 conference ID 63586 to receive the dial-in numbers and unique PIN to access the call. If you need assistance in obtaining a dial-in
Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) today announced that on August 22, 2024, its Board of Directors declared a quarterly cash dividend in the amount of $0.13 per share of common stock. The dividend will be payable on September 30, 2024 to the Company's shareholders of record as of the close of business on September 13, 2024. About Stellar Bancorp, Inc. Stellar Bancorp, Inc. is a bank holding company headquartered in Houston, Texas. The Company's principal banking subsidiary, Stellar Bank, provides a diversified range of commercial banking services primarily to small- to medium-sized businesses and individual customers across the Houston, Dallas, Beaumont and surrounding co
Stellar Bancorp, Inc. (the "Company" or "Stellar") (NYSE:STEL) today reported net income of $29.8 million, or diluted earnings per share of $0.56, for the second quarter of 2024 compared to net income of $26.1 million, or diluted earnings per share of $0.49, for the first quarter of 2024. "We are pleased to announce our second quarter 2024 results," said Robert R. Franklin, Jr., Stellar's Chief Executive Officer. "Our disciplined focus on capital, credit and liquidity gives us strength and optionality as we move into the back half of the year. Although many anticipate lower interest rates in September, we are prepared if that does not come to pass," said Mr. Franklin. "Stellar Bank is wel
Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) today announced that it will hold a conference call to discuss its second quarter 2024 results. The call will be held on Friday, July 26, 2024, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). The related earnings release will be issued prior to the market opening on July 26, 2024, and will also be available on the Investor Relations section of the Company's website at https://ir.stellar.bank/events-and-presentations. Conference Call and Live Webcast Participants may register for the conference call at https://registrations.events/direct/Q4I635860 conference ID 63586 to receive the dial-in numbers and unique PIN to access the call. If
Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) today announced that on May 23, 2024, its Board of Directors declared a quarterly cash dividend in the amount of $0.13 per share of common stock. The dividend will be payable on June 28, 2024 to the Company's shareholders of record as of the close of business on June 14, 2024. The Company also announced that its Board of Directors authorized a new share repurchase program under which the Company may repurchase up to $60 million of the Company's common stock through May 31, 2025. The Company has an existing share repurchase program under which the Company may repurchase up to $60 million of the Company's common stock through May 31, 2024.
Stellar Bancorp, Inc. (the "Company" or "Stellar") (NYSE:STEL) today reported net income of $26.1 million, or diluted earnings per share of $0.49, for the first quarter of 2024 compared to net income of $27.3 million, or diluted earnings per share of $0.51, for the fourth quarter of 2023. "We are pleased to announce our first quarter 2024 results that reflect our continued focus on building capital, maintaining liquidity, and monitoring credit as uncertainty with the interest rate environment persists," said Robert R. Franklin, Jr., Stellar's Chief Executive Officer. "We are working with our customers as they adapt and understand how to operate in the higher interest rate environment," co
Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) today announced that it will hold a conference call to discuss its first quarter 2024 results. The call will be held on Friday, April 26, 2024, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). The related earnings release will be issued prior to the market opening on April 26, 2024, and will also be available on the Investor Relations section of the Company's website at https://ir.stellar.bank/events-and-presentations. Conference Call and Live Webcast Participants may register for the conference call at https://registrations.events/direct/Q4I635866971 to receive the dial-in numbers and unique PIN to access the call. If you need assist
Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) today announced that on February 22, 2024, its Board of Directors declared a quarterly cash dividend in the amount of $0.13 per share of common stock. The dividend will be payable on March 29, 2024 to the Company's shareholders of record as of the close of business on March 18, 2024. About Stellar Bancorp, Inc. Stellar Bancorp, Inc. is a bank holding company headquartered in Houston, Texas. The Company's principal banking subsidiary, Stellar Bank, provides a diversified range of commercial banking services primarily to small- to medium-sized businesses and individual customers across the Houston, Dallas, Beaumont and surrounding communit
Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) announced today that its Board of Directors declared a quarterly cash dividend of $0.14 per share of common stock payable on December 31, 2024, to the shareholders of record at the close of business on December 13, 2024. This is an increase of $0.01 per share from the previous quarterly dividend of $0.13 per common share. About Stellar Bancorp, Inc. Stellar Bancorp, Inc. is a bank holding company headquartered in Houston, Texas. The Company's principal banking subsidiary, Stellar Bank, provides a diversified range of commercial banking services primarily to small- to medium-sized businesses and individual customers across the Houston, Da
Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) today announced the intention of Stellar Bank, its wholly-owned subsidiary ("the Bank"), to redeem all of the Bank's $40.0 million aggregate principal amount of Fixed-to-Floating Rate Subordinated Notes due December 15, 2027 ("the Notes"). The redemption price for the Notes will be equal to 100% of principal amount of the Notes redeemed, plus any accrued and unpaid interest to, but excluding, the redemption date. In accordance with the Notes, the holders of the Notes will receive notice of the redemption, the redemption price and further instructions and details related to the process of such redemption. About Stellar Bancorp, Inc. Stella
Stellar Bancorp, Inc. (the "Company" or "Stellar") (NYSE:STEL) today reported net income of $33.9 million, or diluted earnings per share of $0.63, for the third quarter of 2024 compared to net income of $29.8 million, or diluted earnings per share of $0.56, for the second quarter of 2024. "We are pleased to announce our third quarter 2024 financial results that reflect our work as we mark the second anniversary of our transformational merger completed on October 1, 2022," said Robert R. Franklin, Jr., Stellar's Chief Executive Officer. "Since the merger, we have focused on building the foundation of Stellar Bank. Those efforts include constructing the scalable infrastructure to support an
Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) will hold a conference call to discuss its third quarter 2024 results on Friday, October 25, 2024, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). The related earnings release will be issued prior to the market opening on October 25, 2024, and will also be available on the Investor Relations section of the Company's website at https://ir.stellar.bank/events-and-presentations. Conference Call and Live Webcast Participants may register for the conference call at https://registrations.events/direct/Q4I635867 conference ID 63586 to receive the dial-in numbers and unique PIN to access the call. If you need assistance in obtaining a dial-in
Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) today announced that on August 22, 2024, its Board of Directors declared a quarterly cash dividend in the amount of $0.13 per share of common stock. The dividend will be payable on September 30, 2024 to the Company's shareholders of record as of the close of business on September 13, 2024. About Stellar Bancorp, Inc. Stellar Bancorp, Inc. is a bank holding company headquartered in Houston, Texas. The Company's principal banking subsidiary, Stellar Bank, provides a diversified range of commercial banking services primarily to small- to medium-sized businesses and individual customers across the Houston, Dallas, Beaumont and surrounding co
Stellar Bancorp, Inc. (the "Company" or "Stellar") (NYSE:STEL) today reported net income of $29.8 million, or diluted earnings per share of $0.56, for the second quarter of 2024 compared to net income of $26.1 million, or diluted earnings per share of $0.49, for the first quarter of 2024. "We are pleased to announce our second quarter 2024 results," said Robert R. Franklin, Jr., Stellar's Chief Executive Officer. "Our disciplined focus on capital, credit and liquidity gives us strength and optionality as we move into the back half of the year. Although many anticipate lower interest rates in September, we are prepared if that does not come to pass," said Mr. Franklin. "Stellar Bank is wel
Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) today announced that it will hold a conference call to discuss its second quarter 2024 results. The call will be held on Friday, July 26, 2024, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). The related earnings release will be issued prior to the market opening on July 26, 2024, and will also be available on the Investor Relations section of the Company's website at https://ir.stellar.bank/events-and-presentations. Conference Call and Live Webcast Participants may register for the conference call at https://registrations.events/direct/Q4I635860 conference ID 63586 to receive the dial-in numbers and unique PIN to access the call. If
Stellar Bancorp, Inc. (the "Company") (NYSE:STEL) today announced that on May 23, 2024, its Board of Directors declared a quarterly cash dividend in the amount of $0.13 per share of common stock. The dividend will be payable on June 28, 2024 to the Company's shareholders of record as of the close of business on June 14, 2024. The Company also announced that its Board of Directors authorized a new share repurchase program under which the Company may repurchase up to $60 million of the Company's common stock through May 31, 2025. The Company has an existing share repurchase program under which the Company may repurchase up to $60 million of the Company's common stock through May 31, 2024.
On March 20, 2024, S&P Global Market Intelligence released its annual rankings for 2023's top performing U.S. public banks with more than $10 billion in total assets. Stellar Bancorp, Inc. ("Stellar") (NYSE:STEL), the holding company for Stellar Bank, was ranked third among the 100 banks in the analysis. S&P Global Market Intelligence ranks institutions based on returns, growth and funding, but places a premium on the strength and risk profile of balance sheets. Stellar was one of only three banks to receive a better-than-median score for each of the seven ranking metrics. "The S&P Global Market Intelligence recognition is an incredible testament to our team's hard work and success duri
Stellar Bancorp, Inc. (the "Company" or "Stellar") (NYSE:STEL) today reported net income of $26.1 million, or diluted earnings per share of $0.49, for the first quarter of 2024 compared to net income of $27.3 million, or diluted earnings per share of $0.51, for the fourth quarter of 2023. "We are pleased to announce our first quarter 2024 results that reflect our continued focus on building capital, maintaining liquidity, and monitoring credit as uncertainty with the interest rate environment persists," said Robert R. Franklin, Jr., Stellar's Chief Executive Officer. "We are working with our customers as they adapt and understand how to operate in the higher interest rate environment," co
8-K - Stellar Bancorp, Inc. (0001473844) (Filer)
8-K/A - Stellar Bancorp, Inc. (0001473844) (Filer)
10-Q - Stellar Bancorp, Inc. (0001473844) (Filer)
8-K - Stellar Bancorp, Inc. (0001473844) (Filer)
8-K - Stellar Bancorp, Inc. (0001473844) (Filer)
10-Q - Stellar Bancorp, Inc. (0001473844) (Filer)
8-K - Stellar Bancorp, Inc. (0001473844) (Filer)
8-K - Stellar Bancorp, Inc. (0001473844) (Filer)
8-K - Stellar Bancorp, Inc. (0001473844) (Filer)
ARS - Stellar Bancorp, Inc. (0001473844) (Filer)
Piper Sandler upgraded Stellar Bancorp from Neutral to Overweight and set a new price target of $34.00 from $36.00 previously