Sterling Bancorp, Inc. (Southfield, MI) (SBT) Stock Forecast, Price Target & Predictions


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SBT Stock Forecast


Sterling Bancorp, Inc. (Southfield, MI) stock forecast is as follows: an average price target of $4.50 (represents a -5.26% downside from SBT’s last price of $4.75) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.

SBT Price Target


The average price target for Sterling Bancorp, Inc. (Southfield, MI) (SBT) is $4.50 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $6.00 to $3.00. This represents a potential -5.26% downside from SBT's last price of $4.75.

SBT Analyst Ratings


Buy

According to 1 Wall Street analysts, Sterling Bancorp, Inc. (Southfield, MI)'s rating consensus is 'Buy'. The analyst rating breakdown for SBT stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Sterling Bancorp, Inc. (Southfield, MI) Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 20, 2023Nicholas CucharalePiper Sandler$6.00$5.813.27%26.32%
Mar 20, 2023Eric RossJMP Securities$3.00$5.81-48.36%-36.84%

The latest Sterling Bancorp, Inc. (Southfield, MI) stock forecast, released on Mar 20, 2023 by Nicholas Cucharale from Piper Sandler, set a price target of $6.00, which represents a 3.27% increase from the stock price at the time of the forecast ($5.81), and a 26.32% increase from SBT last price ($4.75).

Sterling Bancorp, Inc. (Southfield, MI) Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$4.75$4.75$4.75
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of Sterling Bancorp, Inc. (Southfield, MI) stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Sterling Bancorp, Inc. (Southfield, MI)'s last price of $4.75. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Mar 17, 2023Piper SandlerOverweightUpgrade

Sterling Bancorp, Inc. (Southfield, MI)'s last stock rating was published by Piper Sandler on Mar 17, 2023. The company Upgrade its SBT rating from "null" to "Overweight".

Sterling Bancorp, Inc. (Southfield, MI) Financial Forecast


Sterling Bancorp, Inc. (Southfield, MI) Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Dec 17
Revenue--------$32.94M$16.38M$18.09M$17.95M$18.77M$19.18M$19.52M$22.68M$25.28M$23.28M$23.33M$23.68M$25.74M$26.82M$28.37M$29.17M$32.34M$33.17M$32.78M$34.13M$34.23M$29.74M
Avg Forecast$16.68M$16.23M$15.79M$15.36M$14.98M$14.81M$15.09M$15.46M$16.37M$17.27M$17.86M$18.37M$19.86M$19.73M$24.90M$23.27M$23.13M$24.15M$24.37M$25.13M$25.90M$27.50M$29.00M$29.12M$31.11M$33.87M$33.97M$33.42M$28.52M$31.16M
High Forecast$16.68M$16.23M$15.79M$15.36M$14.98M$14.81M$15.76M$15.46M$16.37M$17.71M$17.86M$18.37M$19.86M$19.73M$24.90M$23.27M$23.13M$24.15M$24.37M$25.13M$25.90M$27.50M$29.00M$29.12M$31.11M$33.87M$33.97M$33.42M$34.23M$37.39M
Low Forecast$16.68M$16.23M$15.79M$15.36M$14.98M$14.81M$14.42M$15.46M$16.37M$16.85M$17.86M$18.37M$19.86M$19.73M$24.90M$23.27M$23.13M$24.15M$24.37M$25.13M$25.90M$27.50M$29.00M$29.12M$31.11M$33.87M$33.97M$33.42M$22.82M$24.93M
# Analysts11111111121111111111199988881019
Surprise %--------2.01%0.95%1.01%0.98%0.95%0.97%0.78%0.97%1.09%0.96%0.96%0.94%0.99%0.98%0.98%1.00%1.04%0.98%0.96%1.02%1.20%0.95%

Sterling Bancorp, Inc. (Southfield, MI)'s average Quarter revenue forecast for Mar 24 based on 1 analysts is $15.46M, with a low forecast of $15.46M, and a high forecast of $15.46M. SBT's average Quarter revenue forecast represents a -53.07% decrease compared to the company's last Quarter revenue of $32.94M (Dec 23).

Sterling Bancorp, Inc. (Southfield, MI) EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Dec 17
# Analysts11111111121111111111199988881019
EBITDA---------$618.00K$3.66M$11.19M$7.62M$7.60M$26.18M$11.59M$12.24M$19.14M$12.68M$12.21M$-6.00M$11.44M$16.06M$6.83M$-1.76M$34.23M$33.47M$35.41M$31.11M$25.44M
Avg Forecast$1.21M$1.18M$1.15M$1.12M$1.09M$1.08M$1.10M$8.94M$1.19M$1.25M$1.30M$8.13M$13.47M$4.57M$5.77M$7.39M$5.36M$5.60M$5.65M$6.72M$6.00M$6.38M$6.72M$6.75M$7.21M$7.85M$7.88M$28.33M$24.89M$26.65M
High Forecast$1.21M$1.18M$1.15M$1.12M$1.09M$1.08M$1.14M$10.73M$1.19M$1.29M$1.30M$9.75M$16.16M$4.57M$5.77M$8.87M$5.36M$5.60M$5.65M$8.06M$6.00M$6.38M$6.72M$6.75M$7.21M$7.85M$7.88M$33.99M$29.87M$31.99M
Low Forecast$1.21M$1.18M$1.15M$1.12M$1.09M$1.08M$1.05M$7.15M$1.19M$1.22M$1.30M$6.50M$10.77M$4.57M$5.77M$5.91M$5.36M$5.60M$5.65M$5.37M$6.00M$6.38M$6.72M$6.75M$7.21M$7.85M$7.88M$22.66M$19.91M$21.32M
Surprise %---------0.49%2.82%1.38%0.57%1.66%4.53%1.57%2.28%3.42%2.24%1.82%-1.00%1.79%2.39%1.01%-0.24%4.36%4.25%1.25%1.25%0.95%

1 analysts predict SBT's average Quarter EBITDA for Dec 23 to be $1.19M, with a high of $1.19M and a low of $1.19M. This is 92.36% upper than Sterling Bancorp, Inc. (Southfield, MI)'s previous annual EBITDA (Sep 23) of $618.00K.

Sterling Bancorp, Inc. (Southfield, MI) Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Dec 17
# Analysts11111111121111111111199988881019
Net Income--------$5.06M$314.00K$2.54M$-503.00K$-18.43M$1.18M$-2.20M$5.26M$4.80M$9.56M$3.45M$2.33M$-11.69M$-111.00K$2.87M$-4.03M$-13.75M$13.88M$13.43M$15.68M$15.75M$6.53M
Avg Forecast$2.04M$2.04M$1.53M$1.53M$1.53M$1.53M$2.04M$1.70M$1.53M$2.04M$1.53M$1.55M$5.28M$2.05M$1.80M$1.41M$4.45M$3.42M$3.25M$1.28M$513.50K$4.11M$6.22M$10.78M$12.58M$13.69M$13.69M$12.55M$12.60M$6.84M
High Forecast$2.04M$2.04M$1.53M$1.53M$1.53M$1.53M$2.04M$2.04M$1.53M$3.57M$1.53M$1.86M$6.33M$2.05M$1.80M$1.69M$4.45M$3.42M$3.25M$1.53M$513.50K$4.11M$7.47M$10.78M$12.58M$13.69M$13.69M$15.06M$15.12M$8.21M
Low Forecast$2.04M$2.04M$1.53M$1.53M$1.53M$1.53M$2.04M$1.36M$1.53M$510.59K$1.53M$1.24M$4.22M$2.05M$1.80M$1.13M$4.45M$3.42M$3.25M$1.02M$513.50K$4.11M$4.98M$10.78M$12.58M$13.69M$13.69M$10.04M$10.08M$5.47M
Surprise %--------3.31%0.15%1.66%-0.33%-3.49%0.57%-1.22%3.74%1.08%2.79%1.06%1.82%-22.77%-0.03%0.46%-0.37%-1.09%1.01%0.98%1.25%1.25%0.95%

Sterling Bancorp, Inc. (Southfield, MI)'s average Quarter net income forecast for Mar 24 is $1.70M, with a range of $1.36M to $2.04M. SBT's average Quarter net income forecast represents a -66.38% decrease compared to the company's last Quarter net income of $5.06M (Dec 23).

Sterling Bancorp, Inc. (Southfield, MI) SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Dec 17
# Analysts11111111121111111111199988881019
SG&A---------$9.03M$9.54M$9.67M$9.10M$9.65M$5.92M$9.99M$10.02M$3.59M$9.62M$8.95M$10.10M$8.94M$8.00M$7.38M$7.91M$8.08M$8.28M$8.27M$7.83M$8.00M
Avg Forecast$7.05M$6.86M$6.67M$6.49M$6.33M$6.26M$6.38M$6.55M$6.92M$7.30M$7.55M$5.96M$11.03M$6.20M$7.82M$5.42M$7.26M$7.58M$7.65M$4.92M$8.13M$8.64M$17.36M$9.14M$9.77M$10.64M$10.67M$6.62M$6.26M$8.38M
High Forecast$7.05M$6.86M$6.67M$6.49M$6.33M$6.26M$6.66M$7.86M$6.92M$7.48M$7.55M$7.15M$13.23M$6.20M$7.82M$6.50M$7.26M$7.58M$7.65M$5.91M$8.13M$8.64M$20.83M$9.14M$9.77M$10.64M$10.67M$7.94M$7.52M$10.05M
Low Forecast$7.05M$6.86M$6.67M$6.49M$6.33M$6.26M$6.10M$5.24M$6.92M$7.12M$7.55M$4.77M$8.82M$6.20M$7.82M$4.33M$7.26M$7.58M$7.65M$3.94M$8.13M$8.64M$13.89M$9.14M$9.77M$10.64M$10.67M$5.29M$5.01M$6.70M
Surprise %---------1.24%1.26%1.62%0.83%1.56%0.76%1.84%1.38%0.47%1.26%1.82%1.24%1.03%0.46%0.81%0.81%0.76%0.78%1.25%1.25%0.95%

Sterling Bancorp, Inc. (Southfield, MI)'s average Quarter SG&A projection for Dec 23 is $6.92M, based on 1 Wall Street analysts, with a range of $6.92M to $6.92M. The forecast indicates a -23.35% fall compared to SBT last annual SG&A of $9.03M (Sep 23).

Sterling Bancorp, Inc. (Southfield, MI) EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Dec 17
# Analysts11111111121111111111199988881019
EPS--------$0.10$0.01$0.05$-0.01$-0.37$0.02$-0.04$0.10$0.10$0.19$0.07$0.05$-0.23$-0.00$0.06$-0.08$-0.28$0.28$0.26$0.30$0.30$0.13
Avg Forecast$0.04$0.04$0.03$0.03$0.03$0.03$0.04$0.03$0.03$0.04$0.03$0.10$0.03$0.04$0.04$0.09$0.09$0.07$0.06$0.02$0.01$0.08$-0.17$0.21$0.24$0.27$0.27$0.25$0.20$0.22
High Forecast$0.04$0.04$0.03$0.03$0.03$0.03$0.04$0.03$0.03$0.07$0.03$0.10$0.03$0.04$0.04$0.09$0.09$0.07$0.06$0.02$0.01$0.08$-0.17$0.21$0.24$0.27$0.27$0.25$0.24$0.26
Low Forecast$0.04$0.04$0.03$0.03$0.03$0.03$0.04$0.03$0.03$0.01$0.03$0.10$0.03$0.04$0.04$0.09$0.09$0.07$0.06$0.02$0.01$0.08$-0.17$0.21$0.24$0.27$0.27$0.25$0.16$0.18
Surprise %--------3.30%0.25%1.67%-0.10%-11.10%0.50%-1.25%1.11%1.10%2.85%1.11%3.00%-23.00%-0.03%-0.35%-0.38%-1.12%1.05%0.97%1.18%1.50%0.59%

According to 1 Wall Street analysts, Sterling Bancorp, Inc. (Southfield, MI)'s projected average Quarter EPS for Mar 24 is $0.03, with a low estimate of $0.03 and a high estimate of $0.03. This represents a -69.67% decrease compared to SBT previous annual EPS of $0.10 (Dec 23).

SBT Forecast FAQ


Is Sterling Bancorp, Inc. (Southfield, MI) a good buy?

Yes, according to 1 Wall Street analysts, Sterling Bancorp, Inc. (Southfield, MI) (SBT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of SBT's total ratings.

What is SBT's price target?

Sterling Bancorp, Inc. (Southfield, MI) (SBT) average price target is $4.5 with a range of $3 to $6, implying a -5.26% from its last price of $4.75. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Sterling Bancorp, Inc. (Southfield, MI) stock go up soon?

According to Wall Street analysts' prediction for SBT stock, the company can go down by -5.26% (from the last price of $4.75 to the average price target of $4.5), up by 26.32% based on the highest stock price target, and down by -36.84% based on the lowest stock price target.

Can Sterling Bancorp, Inc. (Southfield, MI) stock reach $7?

SBT's average twelve months analyst stock price target of $4.5 does not support the claim that Sterling Bancorp, Inc. (Southfield, MI) can reach $7 in the near future.

What are Sterling Bancorp, Inc. (Southfield, MI)'s analysts' financial forecasts?

Sterling Bancorp, Inc. (Southfield, MI)'s analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $60.34M (high $61.01M, low $59.67M), average EBITDA is $12.2M (high $14.03M, low $10.36M), average net income is $6.81M (high $7.15M, low $6.47M), average SG&A $25.52M (high $27.12M, low $23.93M), and average EPS is $0.13 (high $0.13, low $0.13). SBT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $64.06M (high $64.06M, low $64.06M), average EBITDA is $4.65M (high $4.65M, low $4.65M), average net income is $7.15M (high $7.15M, low $7.15M), average SG&A $27.08M (high $27.08M, low $27.08M), and average EPS is $0.14 (high $0.14, low $0.14).

Did the SBT's actual financial results beat the analysts' financial forecasts?

Based on Sterling Bancorp, Inc. (Southfield, MI)'s last annual report (Dec 2023), the company's revenue was $129.51M, beating the average analysts forecast of $69.88M by 85.34%. Apple's EBITDA was $0, missing the average prediction of $11.87M by -100.00%. The company's net income was $7.41M, beating the average estimation of $6.65M by 11.42%. Apple's SG&A was $10.08M, missing the average forecast of $27.73M by -63.67%. Lastly, the company's EPS was $0.15, missing the average prediction of $0.2 by -25.00%. In terms of the last quarterly report (Dec 2023), Sterling Bancorp, Inc. (Southfield, MI)'s revenue was $32.94M, beating the average analysts' forecast of $16.37M by 101.24%. The company's EBITDA was $0, missing the average prediction of $1.19M by -100.00%. Sterling Bancorp, Inc. (Southfield, MI)'s net income was $5.06M, beating the average estimation of $1.53M by 230.53%. The company's SG&A was $0, missing the average forecast of $6.92M by -100.00%. Lastly, the company's EPS was $0.0989, beating the average prediction of $0.03 by 229.67%