M & T Bank Corp (NYSE: MTB) is -4.29% lower on its value in year-to-date trading and has touched a low of $139.78 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 $185.74 in the last trading session, with the day’s loss setting it -5.79%.
Currently trading at $179.95, the stock is 1.33% and 4.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.27 million and changing -3.12% at the moment leaves the stock -2.67% off its SMA200. MTB registered 17.01% gain for a year compared to 6-month loss of -16.20%. The firm has a 50-day simple moving average (SMA 50) of $172.5932 and a 200-day simple moving average (SMA200) of $184.87836.
The stock witnessed a 11.08% gain in the last 1 month and extending the period to 3 months gives it a -8.86%, and is -2.94% down 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 1.70% over the week and 1.99% over the month.
M & T Bank Corp (MTB) has around 22101 employees, a market worth around $28.89B and $13.22B in sales. Current P/E ratio is 12.06 and Fwd P/E is 9.71. Profit margin for the company is 18.85%. Distance from 52-week low is 28.74% and -20.27% from its 52-week high. The company has generated returns on investments over the last 12 months (6.31%).
with sales reaching $2.38B over the same period.The EPS is expected to grow by 9.28% this year, but quarterly earnings will post 3.47% year-over-year. Quarterly sales are estimated to grow 3.60% in year-over-year returns.
1356.0 institutions hold shares in M & T Bank Corp (MTB), with institutional investors hold 89.08% of the company’s shares. The shares outstanding are 162.54M, and float is at 159.83M with Short Float at 2.05%. Institutions hold 88.72% 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).
