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CenterState Banks (NASDAQ:CSFL) posted its quarterly earnings results on Monday. The company reported $0.11 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.14 by $0.03, AnalystRatingsNetwork reports.

CenterState Banks (NASDAQ:CSFL) opened at 10.53 on Monday. CenterState Banks has a 52-week low of $8.87 and a 52-week high of $11.65. The stock’s 50-day moving average is $10.83 and its 200-day moving average is $10.82. The company has a market cap of $474.2 million and a P/E ratio of 51.33. CenterState Banks also was the recipient of a significant decline in short interest during the month of July. As of July 31st, there was short interest totalling 941,106 shares, a decline of 29.0% from the July 15th total of 1,325,112 shares. Based on an average daily volume of 196,091 shares, the short-interest ratio is currently 4.8 days. Currently, 2.2% of the shares of the company are sold short.

A number of analysts have recently weighed in on CSFL shares. Analysts at Raymond James cut their price target on shares of CenterState Banks from $13.00 to $12.00 in a research note on Monday, July 28th. On the ratings front, analysts at Keefe, Bruyette & Woods cut their price target on shares of CenterState Banks from $13.00 to $12.50 in a research note on Monday, July 28th. Finally, analysts at Sterne Agee initiated coverage on shares of CenterState Banks in a research note on Tuesday, June 10th. They set a “buy” rating and a $13.50 price target on the stock.

CenterState Banks, Inc (NASDAQ:CSFL) is a bank holding company, which owns the CenterState Bank of Florida, N.

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