How to Buy Stock Yards Bancorp Stock
Stock Yards Bancorp Inc
Stock Yards Bancorp, Inc. operates as a holding company for Stock Yards Bank & Trust Company that provides various financial services for individuals, corporations, and others in the United States.
Stock Yards Bancorp stock last closed at $45.99, up 3.23% from the previous day, and has decreased 4.8% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.22 percentage points. Stock Yards Bancorp stock is currently +24.53% from its 52-week low of $36.93, and -13.47% from its 52-week high of $53.15.
There are currently 29.33M shares of SYBT outstanding. The market cap of SYBT is $1.35B. In the last 24 hours, 84,386 SYBT shares were traded.
How to Buy Stock Yards Bancorp Stock
Not sure how to invest in Stock Yards Bancorp stock? Here's how.
- Decide where to buy Stock Yards Bancorp stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Stock Yards Bancorp stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Choose your payment method and add your information.
- Research Stock Yards Bancorp stock: The Stock Yards Bancorp ticker symbol is SYBT. Is Stock Yards Bancorp stock a good investment? Should you buy shares of SYBT? How do SYBT's underlying business fundamentals look? Do top analysts think Stock Yards Bancorp is a good buy? Why has SYBT's stock price moved recently? (Hint: Our stock research website can help you evaluate if SYBT is a good stock to buy).
- Execute your SYBT buy order: Decide if you will purchase SYBT shares at the current market price or use a limit order to purchase SYBT stock at a given price.
- Monitor your SYBT investment: Create a watchlist to get live updates on your investment in Stock Yards Bancorp shares.
Step 1: Decide where to buy Stock Yards Bancorp stock
You will need a brokerage account in order to access the NASDAQ market and buy SYBT shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal info so you are able to buy SYBT today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create your new brokerage account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have created your account on our top ranked stock trading app, your next step is to transfer the money for your investment:
Check out this video walkthrough for more details depositing funds into your brokerage account.
Step 4: Research Stock Yards Bancorp stock
Once you have decided on the best place to buy Stock Yards Bancorp stock, it's absolutely critical to evaluate their stock before you buy, so you actually understand the risk and upside.
Stock Yards Bancorp quick stats
SYBT Fundamentals
WallStreetZen was built to help part-time investors do better fundamental analysis.
You can see all of the due diligence checks on SYBT's stock page.
Is SYBT stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SYBT's true value.
Using relative valuations methods:
- SYBT could be undervalued based on its P/E ratio of 12.46x, relative to Banks - Regional industry P/E ratio of -9.5x
- SYBT may be overvalued based on its P/B ratio of 1.57x, relative to Banks - Regional industry P/B ratio of 0.98x
- SYBT may be overvalued based on its PEG ratio of 2x
You can do additional valuation research on SYBT's stock here.
SYBT Financial Overview
Positive Health Checks:
- SYBT profit margin has gone up from 29.8% to 33.1% in the past year.
- SYBT's operating cash flow of $106.70M allows it to safely service it's debt of $392.58M.
- SYBT earnings of $137.93M is not sufficient to cover its interest payments.
Negative Health Checks:
- SYBT has a relatively high debt to equity ratio of 8.52.
- Total SYBT debt is higher than 5 years ago, relative to shareholder equity.
Is Stock Yards Bancorp stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Wall Street analysts who research SYBT, the consensus analyst rating on Stock Yards Bancorp is a Hold
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Stock Yards Bancorp stock forecast page.
SYBT Trading Indicators
SYBT Revenue
Last year, SYBT earnings were $107.75M. In the last five year, SYBT's earnings have gone up by 8.54% per year. This was slower than the Banks - Regional industry average of 16.33%.
Last year, SYBT revenue was $325.76M. In the last 5 year, SYBT's revenue has grown by 15.73% per year. This was faster than the Banks - Regional industry average of 7.61%.
You can research SYBT's earnings and revenue performance here.
What are SYBT insiders up to?
Over the past 12 months, insiders at SYBT have bought more shares than they have sold.
Paul J. Bickel Iii, Director of SYBT, was the latest SYBT insider to buy. They bought $6,322.55 worth of SYBT stock on Apr 26, 2024.
Research more about who owns SYBT shares here.
Can I get consistent income from SYBT stock?
Stock Yards Bancorp pays a dividend of 2.59%, compared to the Banks - Regional industry's average dividend yield of 3.85%. If you owned $1,000 of SYBT stock, you would have received $25.88 in the past 12 months.
Stock Yards Bancorp dividend payments have consistently grown over the past decade and have remained stable.
Get more info about Stock Yards Bancorp dividend yield and history here.
Get analysis from other investors
One of the reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Execute your SYBT buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given price, place a limit order.
Hit the Open Trade button and eToro will execute your order.
If you require more assistance buying stocks on eToro, click the how to video below:
Step 6: Monitor your SYBT investment
Now that you own some shares in SYBT, you'll want to keep up with your new investment.
Make a watchlist to keep track of your SYBT stock.
SYBT Feed
How to Buy Stock in Stock Yards Bancorp
To reiterate, here are the 6 steps to buy stock in Stock Yards Bancorp:
- Decide where to buy Stock Yards Bancorp stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Research Stock Yards Bancorp stock
- Execute your SYBT buy order
- Monitor your SYBT investment
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Stock Yards Bancorp, get started below.
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