CenterState Banks, Inc. (CSFL) to Release Earnings on Tuesday
CenterState Banks, Inc. (NASDAQ:CSFL) is set to announce its earnings results after the market closes on Tuesday, July 25th. Analysts expect the company to announce earnings of $0.32 per share for the quarter.
Shares of CenterState Banks, Inc. (CSFL) opened at 24.81 on Tuesday. The stock has a market cap of $1.37 billion, a PE ratio of 19.32 and a beta of 0.61. The company’s 50-day moving average is $24.65 and its 200-day moving average is $25.00. CenterState Banks, Inc. has a 52-week low of $16.01 and a 52-week high of $26.94.
The company also recently declared a quarterly dividend, which was paid on Friday, June 30th. Investors of record on Thursday, June 15th were paid a $0.06 dividend. The ex-dividend date of this dividend was Tuesday, June 13th. This represents a $0.24 dividend on an annualized basis and a yield of 0.97%. CenterState Banks’s dividend payout ratio is currently 18.60%.
In related news, Director Charles W. Mcpherson acquired 4,000 shares of CenterState Banks stock in a transaction dated Monday, May 1st. The stock was acquired at an average price of $25.41 per share, for a total transaction of $101,640.00. Following the transaction, the director now owns 23,544 shares of the company’s stock, valued at $598,253.04. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 3.65% of the stock is currently owned by insiders.
A number of research analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of CenterState Banks from a “buy” rating to a “hold” rating in a research note on Friday, June 23rd. BidaskClub downgraded shares of CenterState Banks from a “hold” rating to a “sell” rating in a research note on Saturday, June 24th.
CenterState Banks Company Profile
CenterState Banks, Inc is a financial holding company, which owns CenterState Bank of Florida, N.A. (CenterState Bank or the Bank). The Company provides a range of consumer and commercial banking services to individuals, businesses and industries. The Company’s segments include commercial and retail banking, correspondent banking and capital markets division, and corporate overhead and administration.
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