As of close of business last night, M & T Bank Corp’s stock clocked out at $138.11, down -0.68% from its previous closing price of $139.05. In other words, the price has decreased by -$0.94 from its previous closing price. On the day, 1145142 shares were traded.
Ratios:
To gain a deeper understanding of MTB’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.31.
On September 29, 2023, Odeon Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $133.65.
Argus Upgraded its Hold to Buy on April 18, 2023, while the target price for the stock was maintained at $150.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 14 ’24 when GEISEL GARY N sold 703 shares for $140.84 per share. The transaction valued at 99,014 led to the insider holds 16,459 shares of the business.
WALTERS KIRK W sold 28,845 shares of MTB for $4,182,525 on Mar 13 ’24. The Director now owns 6,367 shares after completing the transaction at $145.00 per share. On Mar 11 ’24, another insider, Meister Doris P., who serves as the Sr. Executive Vice President of the company, sold 3,961 shares for $143.60 each. As a result, the insider received 568,819 and left with 5,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MTB now has a Market Capitalization of 23.01B. As of this moment, M’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.75, and their Forward P/E ratio for the next fiscal year is 8.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.82 while its Price-to-Book (P/B) ratio in mrq is 0.92.
Stock Price History:
Over the past 52 weeks, MTB has reached a high of $148.23, while it has fallen to a 52-week low of $108.53. The 50-Day Moving Average of the stock is 139.40, while the 200-Day Moving Average is calculated to be 131.09.
Shares Statistics:
It appears that MTB traded 1.21M shares on average per day over the past three months and 887.11k shares per day over the past ten days. A total of 166.14M shares are outstanding, with a floating share count of 165.71M. Insiders hold about 0.55% of the company’s shares, while institutions hold 85.65% stake in the company. Shares short for MTB as of Mar 15, 2024 were 3.42M with a Short Ratio of 2.81, compared to 3.48M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.05% and a Short% of Float of 2.33%.
Dividends & Splits
With its trailing 12-month dividend rate of 5.20, MTB has a forward annual dividend rate of 5.20. Against a Trailing Annual Dividend Yield of 3.74%, it implies a Forward Annual Dividend Yield of 3.74%. The stock’s 5-year Average Dividend Yield is 3.25. The current Payout Ratio is 32.94% for MTB, which recently paid a dividend on Mar 29, 2024 with an ex-dividend date of Mar 01, 2024. Stock splits for the company last occurred on Oct 06, 2000 when the company split stock in a 10:1 ratio.
Earnings Estimates
As of right now, 0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
