State Bank Financial Corp. (STBZ) Plans Quarterly Dividend of $0.04
State Bank Financial Corp. (NASDAQ:STBZ) declared a quarterly dividend on Wednesday, August 27th, AnalystRatings.NET reports. Stockholders of record on Monday, September 8th will be given a dividend of 0.04 per share on Tuesday, September 16th. This represents a $0.16 dividend on an annualized basis and a yield of 0.94%.
On a related note, analysts at Wunderlich initiated coverage on shares of State Bank Financial Corp. in a research note on Thursday, July 3rd. They set a “buy” rating and a $23.00 price target on the stock.
State Bank Financial Corp. (NASDAQ:STBZ) traded down 0.24% on Wednesday, hitting $16.90. 35,948 shares of the company’s stock traded hands. State Bank Financial Corp. has a 52 week low of $15.02 and a 52 week high of $19.69. The stock has a 50-day moving average of $16.61 and a 200-day moving average of $16.81. The company has a market cap of $542.9 million and a P/E ratio of 22.80.
State Bank Financial Corp. (NASDAQ:STBZ) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.04. Analysts expect that State Bank Financial Corp. will post $0.75 EPS for the current fiscal year.
State Bank Financial Corporation is a bank holding company. It is the holding company for State Bank and Trust Company (NASDAQ:STBZ), which is a Georgia-based, state-chartered bank.
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