M & T Bank Corp (NYSE: MTB) is -5.90% lower on its value in year-to-date trading and has touched a low of $133.03 and a high of $225.70 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MTB stock was last observed hovering at around $177.06 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $176.91, the stock is -2.24% and -7.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing -0.08% at the moment leaves the stock -2.35% off its SMA200. MTB registered 25.53% gain for a year compared to 6-month gain of 1.78%. The firm has a 50-day simple moving average (SMA 50) of $190.9354 and a 200-day simple moving average (SMA200) of $181.15965.
The stock witnessed a -11.20% loss in the last 1 month and extending the period to 3 months gives it a -11.42%, and is 3.78% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.31% over the week and 2.65% over the month.
M & T Bank Corp (MTB) has around 22101 employees, a market worth around $29.07B and $13.40B in sales. Current P/E ratio is 12.09 and Fwd P/E is 9.48. Profit margin for the company is 18.28%. Distance from 52-week low is 32.98% and -21.62% from its 52-week high. The company has generated returns on investments over the last 12 months (6.30%).
with sales reaching $2.35B over the same period.The EPS is expected to grow by 11.39% this year, but quarterly earnings will post 4.34% year-over-year. Quarterly sales are estimated to grow 3.92% in year-over-year returns.
1351.0 institutions hold shares in M & T Bank Corp (MTB), with institutional investors hold 90.10% of the company’s shares. The shares outstanding are 165.51M, and float is at 163.60M with Short Float at 2.86%. Institutions hold 89.75% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 19.32 million shares valued at $2.92 billion. The investor’s holdings represent 11.6302 of the MTB Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 12.71 million shares valued at $1.92 billion to account for 7.6531 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 11.45 million shares representing 6.8939 and valued at over $1.73 billion, while FMR LLC holds 6.5258 of the shares totaling 10.84 million with a market value of $1.64 billion.
M & T Bank Corp (MTB) Insider Activity
The most recent transaction is an insider sale by KAY CHRISTOPHER E, the company’s Sr. Executive Vice President. SEC filings show that KAY CHRISTOPHER E sold 1,738 shares of the company’s common stock on Mar 12 ’25 at a price of $172.34 per share for a total of $0.3 million. Following the sale, the insider now owns 10751.0 shares.
Still, SEC filings show that on Dec 03 ’24, GEISEL GARY N (Vice Chairman) disposed off 2,490 shares at an average price of $215.89 for $0.54 million. The insider now directly holds 0 shares of M & T Bank Corp (MTB).
