Morgan Stanley Maintains Overweight on Signature Bank, Raises Price Target to $340
Morgan Stanley analyst Ken Zerbe maintains Signature Bank (NASDAQ:SBNY) with a Overweight and raises the price target from $330 to $340.
Analyzing Signature Bank’s Unusual Options Activity
On Friday, shares of Signature Bank (NASDAQ:SBNY) saw unusual options activity. After the option alert, the stock price moved down to $228.01.
Signature Bank Earlier Reported Q2 EPS $3.57 Beats $3.14 Estimate, Sales $480.59M Beat $466.52M Estimate
Signature Bank (NASDAQ:SBNY) reported quarterly earnings of $3.57 per share which beat the analyst consensus estimate of $3.14 by 13.69 percent. This is a 61.54 percent increase over earnings of $2.21 per share from the
Signature Bank: Q2 Earnings Insights
Shares of Signature Bank (NASDAQ:SBNY) remained unaffected after the company reported Q2 results.
Quarterly Results
Earnings per share were up 61.54% over the past year to $3.57, which beat the estimate of $3.14.
Earnings Scheduled For July 20, 2021
Companies Reporting Before The Bell
• Signature Bank (NASDAQ:SBNY) is likely to report quarterly earnings at $3.14 per share on revenue of $466.52 million.
Earnings Preview For Signature Bank
Signature Bank (NASDAQ:SBNY) unveils its next round of earnings this Tuesday, July 20. Here is Benzinga's everything-that-matters guide for the earnings announcement.
Where Signature Bank Stands With Analysts
Within the last quarter, Signature Bank (NASDAQ:SBNY) has observed the following analyst ratings:
Last 30 Days
1 Month Ago
2 Months Ago
Credit Suisse Maintains Outperform on Signature Bank, Raises Price Target to $280
Credit Suisse analyst Adam Krasner maintains Signature Bank (NASDAQ:SBNY) with a Outperform and raises the price target from $270 to $280.