Brokerages expect that State Bank Financial Corporation. (NASDAQ:STBZ) will post earnings of $0.37 per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for State Bank Financial Corporation.’s earnings, with estimates ranging from $0.35 to $0.38. State Bank Financial Corporation. reported earnings per share of $0.34 during the same quarter last year, which suggests a positive year over year growth rate of 8.8%. The company is scheduled to announce its next quarterly earnings report on Thursday, October 26th.

According to Zacks, analysts expect that State Bank Financial Corporation. will report full year earnings of $1.55 per share for the current financial year, with EPS estimates ranging from $1.44 to $1.65. For the next year, analysts anticipate that the business will post earnings of $1.89 per share, with EPS estimates ranging from $1.82 to $2.00. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for State Bank Financial Corporation..

State Bank Financial Corporation. (NASDAQ:STBZ) last announced its quarterly earnings data on Thursday, July 27th. The financial services provider reported $0.39 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.03. The business had revenue of $56.95 million during the quarter, compared to analyst estimates of $54.83 million. State Bank Financial Corporation. had a return on equity of 8.40% and a net margin of 22.61%.

A number of brokerages have recently commented on STBZ. BidaskClub lowered State Bank Financial Corporation. from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 1st. Keefe, Bruyette & Woods restated a “hold” rating and issued a $30.00 price target on shares of State Bank Financial Corporation. in a report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $28.63.

Shares of State Bank Financial Corporation. (STBZ) opened at 26.94 on Friday. The stock has a 50 day moving average price of $26.73 and a 200 day moving average price of $26.49. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of 20.69 and a beta of 0.97. State Bank Financial Corporation. has a one year low of $21.15 and a one year high of $28.38.

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 12th. Stockholders of record on Tuesday, September 5th were issued a $0.14 dividend. The ex-dividend date of this dividend was Thursday, August 31st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.08%. State Bank Financial Corporation.’s dividend payout ratio (DPR) is 42.75%.

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In other news, insider Bradford L. Watkins sold 1,000 shares of the business’s stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $27.14, for a total value of $27,140.00. Following the sale, the insider now directly owns 72,500 shares in the company, valued at $1,967,650. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Bradford L. Watkins sold 7,000 shares of the business’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $27.01, for a total value of $189,070.00. Following the completion of the sale, the insider now owns 81,190 shares in the company, valued at $2,192,941.90. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 10,530 shares of company stock worth $283,250. Corporate insiders own 4.65% of the company’s stock.

Institutional investors have recently modified their holdings of the company. Sei Investments Co. lifted its holdings in shares of State Bank Financial Corporation. by 3.3% in the first quarter. Sei Investments Co. now owns 3,869 shares of the financial services provider’s stock valued at $101,000 after purchasing an additional 122 shares in the last quarter. BNP Paribas Arbitrage SA raised its holdings in State Bank Financial Corporation. by 459.6% during the second quarter. BNP Paribas Arbitrage SA now owns 4,538 shares of the financial services provider’s stock worth $123,000 after acquiring an additional 3,727 shares in the last quarter. US Bancorp DE raised its holdings in State Bank Financial Corporation. by 5.1% during the second quarter. US Bancorp DE now owns 5,200 shares of the financial services provider’s stock worth $141,000 after acquiring an additional 252 shares in the last quarter. Cubist Systematic Strategies LLC bought a new stake in State Bank Financial Corporation. during the second quarter worth about $204,000. Finally, Gratus Capital LLC bought a new stake in State Bank Financial Corporation. during the second quarter worth about $206,000. Institutional investors own 78.40% of the company’s stock.

State Bank Financial Corporation. Company Profile

State Bank Financial Corporation is a bank holding company for State Bank and Trust Company (the Bank). The Bank is a Georgia-based state-chartered bank. The Company offers community banking services to individuals and businesses. Its product line includes loans to small and medium-sized businesses, residential and commercial construction and development loans, commercial real estate loans, farmland and agricultural production loans, residential mortgage loans, home equity loans, and consumer loans.

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Earnings History and Estimates for State Bank Financial Corporation. (NASDAQ:STBZ)

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