The Stellar Bancorp, Inc. (STEL) share price is expected to increase by 9.33% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered STEL. Price targets range from $27 at the low end to $31 at the high end. The current analyst consensus for STEL is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
Stellar Bancorp, Inc. has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that Stellar Bancorp, Inc. will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of STEL.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Stephen Scouten Piper Sandler | Neutral | $27 | Maintains | Jul 29, 2024 |
Catherine Mealor Keefe, Bruyette & Woods | Market Perform | $28 | Maintains | Jul 29, 2024 |
Catherine Mealor Keefe, Bruyette & Woods | Market Perform | $26 | Maintains | May 3, 2024 |
David Feaster Raymond James | Outperform | $29 | Maintains | Jan 30, 2024 |
David Feaster Raymond James | Outperform | $24 | Maintains | Oct 30, 2023 |
David Feaster Raymond James | Outperform | $27 | Maintains | Jul 31, 2023 |
Brady Gailey Keefe, Bruyette & Woods | Market Perform | $28 | Maintains | May 1, 2023 |
David Feaster Raymond James | Outperform | $26 | Maintains | May 1, 2023 |
David Feaster Raymond James | Outperform | $28 | Maintains | Apr 6, 2023 |
David Feaster Raymond James | Outperform | $31 | Maintains | Jan 31, 2023 |
Brad Milsaps Piper Sandler | Overweight | $34 | Upgrade | Jan 30, 2023 |
Matt Olney Stephens & Co. | Equal-Weight | $37 | Maintains | Oct 31, 2022 |
Raymond James | Market Perform | Downgrade | Jun 13, 2013 | |
Raymond James | Strong Buy | Upgrade | Oct 26, 2012 |
When did it IPO
2017
Staff Count
1,045
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Robert R. Franklin Jr.
Market Cap
$1.41B
In 2023, STEL generated $461.3M in revenue, which was a increase of 49.14% from the previous year. This can be seen as a signal that STEL's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Stellar Bancorp, Inc. (NYSE: STEL) declared a quarterly cash dividend of $0.13 per share, payable on September 30, 2024, to shareholders of record by September 13, 2024.
Why It Matters - The declaration of a cash dividend signals financial stability and profitability, potentially attracting income-focused investors and influencing the stock's market performance.
Summary - Stellar Bancorp, Inc. (NYSE:STEL) held its Q2 2024 earnings conference call on July 26, 2024, featuring key executives discussing financial results and company performance.
Why It Matters - Earnings calls provide insights into a company's financial health and future outlook, impacting stock performance and investor confidence in Stellar Bancorp.
Summary - Stellar Bancorp reported Q2 2024 net income of $29.8 million ($0.56 EPS), up from $26.1 million ($0.49 EPS) in Q1 2024, reflecting continued focus on capital, credit, and liquidity.
Why It Matters - Stellar Bancorp's rising net income and earnings per share indicate strong financial performance and growth, which can enhance investor confidence and potentially boost stock prices.
Summary - Stellar Bancorp (STEL) reported its revenue and EPS for Q2 2024, highlighting comparisons to Wall Street estimates and year-over-year performance.
Why It Matters - Comparing Stellar Bancorp's revenue and EPS to Wall Street estimates and prior year figures helps assess growth potential and market performance, influencing investment decisions.
Summary - Stellar Bancorp (STEL) reported quarterly earnings of $0.56 per share, exceeding the Zacks Consensus Estimate of $0.48, but down from $0.66 per share year-over-year.
Why It Matters - Stellar Bancorp's earnings beat expectations, indicating strong performance, but the year-over-year decline may raise concerns about growth sustainability.
Summary - Stellar Bancorp, Inc. will release its Second Quarter 2024 earnings on July 26, 2024, at 8:00 AM Central Time.
Why It Matters - The earnings release date is crucial for investors to gauge Stellar Bancorp's financial performance, impacting stock valuation and investment decisions.