Stock Yards Bancorp (SYBT) Stock Forecast, Price Target & Predictions
SYBT Stock Forecast
Stock Yards Bancorp stock forecast is as follows: an average price target of $69.00 (represents a -6.50% downside from SYBT’s last price of $73.80) and a rating consensus of 'Hold', based on 4 wall street analysts offering a 1-year stock forecast.
SYBT Price Target
The average price target for Stock Yards Bancorp (SYBT) is $69.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $70.00 to $68.00. This represents a potential -6.50% downside from SYBT's last price of $73.80.
SYBT Analyst Ratings
According to 4 Wall Street analysts, Stock Yards Bancorp's rating consensus is 'Hold'. The analyst rating breakdown for SYBT stock is 0 'Strong Buy' (0.00%), 1 'Buy' (25.00%), 3 'Hold' (75.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Stock Yards Bancorp Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 24, 2024 | Nathan Race | Piper Sandler | $69.00 | $65.52 | 5.32% | -6.50% |
| Oct 24, 2024 | Terry McEvoy | Stephens | $70.00 | $65.95 | 6.14% | -5.15% |
| Oct 23, 2024 | Brendan Nosal | Hovde Group | $68.00 | $65.95 | 3.11% | -7.86% |
| Dec 14, 2022 | - | Piper Sandler | $73.00 | $69.33 | 5.29% | -1.08% |
The latest Stock Yards Bancorp stock forecast, released on Oct 24, 2024 by Nathan Race from Piper Sandler, set a price target of $69.00, which represents a 5.32% increase from the stock price at the time of the forecast ($65.52), and a -6.50% decrease from SYBT last price ($73.80).
Stock Yards Bancorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 3 | 3 |
| Avg Price Target | $69.00 | $69.00 | $69.00 |
| Last Closing Price | $73.80 | $73.80 | $73.80 |
| Upside/Downside | -6.50% | -6.50% | -6.50% |
In the current month, the average price target of Stock Yards Bancorp stock is $69.00, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a -6.50% decrease as opposed to Stock Yards Bancorp's last price of $73.80. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 24, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Oct 24, 2024 | Stephens | Overweight | Overweight | Hold |
| Oct 23, 2024 | Hovde Group | - | Market Perform | Downgrade |
| Apr 25, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Feb 06, 2023 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Dec 14, 2022 | Piper Sandler | - | Underweight | Downgrade |
Stock Yards Bancorp's last stock rating was published by Piper Sandler on Oct 24, 2024. The company gave SYBT a "Neutral" rating, the same as its previous rate.
Stock Yards Bancorp Financial Forecast
Stock Yards Bancorp Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $119.76M | $82.27M | $81.98M | $83.70M | $85.55M | $3.16M | $77.17M | $66.63M | $63.40M | $61.62M | $56.40M | $50.96M | $49.25M | $46.09M | $45.55M | $44.33M | $47.76M | $44.71M |
| Avg Forecast | $102.05M | $100.25M | $98.05M | $95.85M | $96.50M | $95.20M | $93.06M | $90.64M | $91.00M | $87.88M | $83.85M | $83.06M | $82.63M | $83.63M | $84.38M | $83.80M | $86.34M | $82.20M | $78.50M | $68.53M | $63.50M | $62.63M | $52.20M | $50.27M | $46.33M | $47.17M | $46.07M | $44.13M | $44.77M | $43.63M |
| High Forecast | $103.89M | $102.05M | $99.81M | $97.57M | $98.24M | $96.91M | $94.73M | $93.11M | $92.83M | $88.05M | $85.36M | $84.55M | $84.12M | $84.71M | $85.90M | $85.31M | $87.89M | $82.20M | $78.50M | $68.53M | $63.50M | $62.63M | $52.20M | $50.27M | $46.33M | $47.17M | $46.07M | $44.13M | $44.77M | $43.63M |
| Low Forecast | $99.03M | $97.28M | $95.15M | $93.01M | $93.64M | $92.38M | $90.30M | $86.00M | $87.75M | $87.72M | $81.37M | $80.60M | $80.19M | $82.60M | $81.88M | $81.32M | $83.78M | $82.20M | $78.50M | $68.53M | $63.50M | $62.63M | $52.20M | $50.27M | $46.33M | $47.17M | $46.07M | $44.13M | $44.77M | $43.63M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 | 8 | 9 | 12 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.45% | 0.98% | 0.97% | 1.00% | 0.99% | 0.04% | 0.98% | 0.97% | 1.00% | 0.98% | 1.08% | 1.01% | 1.06% | 0.98% | 0.99% | 1.00% | 1.07% | 1.02% |
Stock Yards Bancorp's average Quarter revenue forecast for Mar 24 based on 1 analysts is $83.06M, with a low forecast of $80.60M, and a high forecast of $84.55M. SYBT's average Quarter revenue forecast represents a -30.65% decrease compared to the company's last Quarter revenue of $119.76M (Dec 23).
Stock Yards Bancorp EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 | 8 | 9 | 12 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-1.92B | $35.90M | $36.81M | $54.76M | $50.49M | $48.21M | $42.46M | $14.61M | $36.84M | $34.57M | $9.19M | $32.13M | $27.56M | $20.45M | $20.30M | $21.13M | $26.58M | $28.21M |
| Avg Forecast | $35.85M | $35.22M | $34.44M | $33.67M | $33.90M | $33.44M | $32.69M | $31.84M | $31.97M | $30.87M | $29.46M | $25.14M | $29.03M | $29.38M | $29.64M | $22.85M | $25.41M | $13.26M | $12.67M | $20.78M | $10.25M | $10.11M | $8.42M | $21.27M | $7.48M | $7.61M | $7.43M | $19.17M | $7.22M | $7.04M |
| High Forecast | $36.49M | $35.85M | $35.06M | $34.28M | $34.51M | $34.04M | $33.28M | $32.71M | $32.61M | $30.93M | $29.99M | $30.17M | $29.55M | $29.76M | $30.17M | $27.42M | $30.49M | $13.26M | $12.67M | $24.93M | $10.25M | $10.11M | $8.42M | $25.53M | $7.48M | $7.61M | $7.43M | $23.01M | $7.22M | $7.04M |
| Low Forecast | $34.79M | $34.17M | $33.42M | $32.67M | $32.89M | $32.45M | $31.72M | $30.21M | $30.83M | $30.81M | $28.58M | $20.11M | $28.17M | $29.02M | $28.76M | $18.28M | $20.32M | $13.26M | $12.67M | $16.62M | $10.25M | $10.11M | $8.42M | $17.02M | $7.48M | $7.61M | $7.43M | $15.34M | $7.22M | $7.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -66.00% | 1.22% | 1.24% | 2.40% | 1.99% | 3.64% | 3.35% | 0.70% | 3.60% | 3.42% | 1.09% | 1.51% | 3.69% | 2.69% | 2.73% | 1.10% | 3.68% | 4.01% |
1 analysts predict SYBT's average Quarter EBITDA for Dec 23 to be $29.03M, with a high of $29.55M and a low of $28.17M. This is -19.14% lower than Stock Yards Bancorp's previous annual EBITDA (Sep 23) of $35.90M.
Stock Yards Bancorp Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 | 8 | 9 | 12 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $23.94M | $27.09M | $27.66M | $29.05M | $29.82M | $28.45M | $26.79M | $7.94M | $24.59M | $23.16M | $4.18M | $22.71M | $17.74M | $14.53M | $13.37M | $13.23M | $16.65M | $17.23M |
| Avg Forecast | $33.86M | $33.47M | $31.90M | $30.33M | $31.98M | $31.27M | $29.80M | $28.74M | $29.10M | $27.73M | $24.73M | $13.60M | $25.40M | $26.68M | $27.33M | $12.36M | $16.96M | $27.03M | $25.32M | $11.24M | $19.39M | $22.33M | $11.68M | $15.04M | $16.09M | $16.31M | $13.81M | $12.01M | $19.98M | $19.03M |
| High Forecast | $34.65M | $34.25M | $32.64M | $31.04M | $32.72M | $32.00M | $30.50M | $29.97M | $31.60M | $27.96M | $25.31M | $16.32M | $25.68M | $27.57M | $27.97M | $14.84M | $20.35M | $27.03M | $25.32M | $13.49M | $19.39M | $22.33M | $11.68M | $18.05M | $16.09M | $16.31M | $13.81M | $14.41M | $19.98M | $19.03M |
| Low Forecast | $32.56M | $32.18M | $30.67M | $29.16M | $30.75M | $30.07M | $28.65M | $27.19M | $25.66M | $27.50M | $23.78M | $10.88M | $24.83M | $26.08M | $26.28M | $9.89M | $13.56M | $27.03M | $25.32M | $8.99M | $19.39M | $22.33M | $11.68M | $12.03M | $16.09M | $16.31M | $13.81M | $9.61M | $19.98M | $19.03M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 1.02% | 1.01% | 2.35% | 1.76% | 1.05% | 1.06% | 0.71% | 1.27% | 1.04% | 0.36% | 1.51% | 1.10% | 0.89% | 0.97% | 1.10% | 0.83% | 0.91% |
Stock Yards Bancorp's average Quarter net income forecast for Mar 24 is $13.60M, with a range of $10.88M to $16.32M. SYBT's average Quarter net income forecast represents a -43.20% decrease compared to the company's last Quarter net income of $23.94M (Dec 23).
Stock Yards Bancorp SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 | 8 | 9 | 12 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $26.25M | $30.18M | $29.73M | $29.18M | $29.09M | $29.34M | $28.61M | $23.93M | $26.50M | $26.24M | $23.35M | $19.77M | $20.10M | $19.85M | $17.82M | $18.54M | $21.74M | $18.21M |
| Avg Forecast | $39.29M | $38.60M | $37.75M | $36.91M | $37.16M | $36.66M | $35.83M | $34.90M | $35.04M | $33.84M | $32.29M | $40.05M | $31.82M | $32.20M | $32.49M | $36.41M | $18.28M | $28.15M | $26.88M | $33.10M | $21.74M | $21.45M | $17.87M | $13.09M | $15.86M | $16.15M | $15.77M | $16.83M | $15.33M | $14.94M |
| High Forecast | $40.00M | $39.30M | $38.43M | $37.57M | $37.83M | $37.32M | $36.48M | $35.85M | $35.74M | $33.90M | $32.87M | $48.06M | $32.39M | $32.62M | $33.07M | $43.69M | $21.93M | $28.15M | $26.88M | $39.72M | $21.74M | $21.45M | $17.87M | $15.71M | $15.86M | $16.15M | $15.77M | $20.19M | $15.33M | $14.94M |
| Low Forecast | $38.13M | $37.46M | $36.64M | $35.81M | $36.06M | $35.57M | $34.77M | $33.11M | $33.79M | $33.77M | $31.33M | $32.04M | $30.88M | $31.81M | $31.53M | $29.13M | $14.62M | $28.15M | $26.88M | $26.48M | $21.74M | $21.45M | $17.87M | $10.47M | $15.86M | $16.15M | $15.77M | $13.46M | $15.33M | $14.94M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 0.94% | 0.92% | 0.80% | 1.59% | 1.04% | 1.06% | 0.72% | 1.22% | 1.22% | 1.31% | 1.51% | 1.27% | 1.23% | 1.13% | 1.10% | 1.42% | 1.22% |
Stock Yards Bancorp's average Quarter SG&A projection for Mar 24 is $40.05M, based on 1 Wall Street analysts, with a range of $32.04M to $48.06M. The forecast indicates a 52.58% rise compared to SYBT last annual SG&A of $26.25M (Dec 23).
Stock Yards Bancorp EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 | 8 | 9 | 12 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.82 | $0.93 | $0.95 | $1.00 | $1.02 | $0.98 | $0.92 | $0.29 | $0.93 | $0.87 | $0.17 | $1.00 | $0.79 | $0.64 | $0.59 | $0.59 | $0.74 | $0.76 |
| Avg Forecast | $1.15 | $1.14 | $1.08 | $1.03 | $1.09 | $1.06 | $1.01 | $0.98 | $0.99 | $0.94 | $0.84 | $0.81 | $0.86 | $0.91 | $0.93 | $0.92 | $0.97 | $0.92 | $0.86 | $0.44 | $0.66 | $0.76 | $0.40 | $0.73 | $0.55 | $0.56 | $0.47 | $0.54 | $0.68 | $0.65 |
| High Forecast | $1.18 | $1.16 | $1.11 | $1.05 | $1.11 | $1.09 | $1.04 | $1.02 | $1.07 | $0.95 | $0.86 | $0.81 | $0.87 | $0.94 | $0.95 | $0.95 | $0.99 | $0.92 | $0.86 | $0.44 | $0.66 | $0.76 | $0.40 | $0.73 | $0.55 | $0.56 | $0.47 | $0.54 | $0.68 | $0.65 |
| Low Forecast | $1.11 | $1.09 | $1.04 | $0.99 | $1.04 | $1.02 | $0.97 | $0.92 | $0.87 | $0.93 | $0.81 | $0.81 | $0.84 | $0.89 | $0.89 | $0.89 | $0.93 | $0.92 | $0.86 | $0.44 | $0.66 | $0.76 | $0.40 | $0.73 | $0.55 | $0.56 | $0.47 | $0.54 | $0.68 | $0.65 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 1.03% | 1.02% | 1.08% | 1.05% | 1.07% | 1.07% | 0.66% | 1.41% | 1.14% | 0.43% | 1.37% | 1.44% | 1.15% | 1.26% | 1.10% | 1.09% | 1.17% |
According to 1 Wall Street analysts, Stock Yards Bancorp's projected average Quarter EPS for Mar 24 is $0.81, with a low estimate of $0.81 and a high estimate of $0.81. This represents a -1.10% decrease compared to SYBT previous annual EPS of $0.82 (Dec 23).
Stock Yards Bancorp Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SMBC | Southern Missouri Bancorp | $65.26 | $69.00 | 5.73% | Buy |
| FFNW | First Financial Northwest | $22.47 | $23.50 | 4.58% | Hold |
| BSVN | Bank7 | $47.84 | $46.00 | -3.85% | Buy |
| SYBT | Stock Yards Bancorp | $73.80 | $69.00 | -6.50% | Hold |
| FXNC | First National | $22.55 | $21.00 | -6.87% | Buy |
| BSRR | Sierra Bancorp | $31.72 | $25.33 | -20.15% | Hold |