State Bank Financial Corporation. (NASDAQ:STBZ) – Analysts at SunTrust Banks increased their Q4 2017 earnings estimates for shares of State Bank Financial Corporation. in a research report issued on Wednesday. SunTrust Banks analyst J. Demba now expects that the financial services provider will earn $0.42 per share for the quarter, up from their previous estimate of $0.41. SunTrust Banks also issued estimates for State Bank Financial Corporation.’s Q2 2018 earnings at $0.48 EPS and Q3 2018 earnings at $0.48 EPS.

Several other analysts have also issued reports on STBZ. BidaskClub raised shares of State Bank Financial Corporation. from a “sell” rating to a “hold” rating in a research report on Friday, June 16th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $30.00 price target on shares of State Bank Financial Corporation. in a research report on Sunday, June 18th. Finally, Zacks Investment Research lowered shares of State Bank Financial Corporation. from a “buy” rating to a “hold” rating in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $28.17.

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State Bank Financial Corporation. (NASDAQ:STBZ) opened at 28.85 on Thursday. The firm’s 50 day moving average is $27.14 and its 200-day moving average is $26.61. State Bank Financial Corporation. has a 12 month low of $21.15 and a 12 month high of $29.35. The firm has a market cap of $1.09 billion, a price-to-earnings ratio of 22.16 and a beta of 0.98.

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

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 12th. Stockholders of record on Tuesday, September 5th were given a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 1.94%. The ex-dividend date was Thursday, August 31st. State Bank Financial Corporation.’s dividend payout ratio (DPR) is currently 42.75%.

In other news, EVP David Caulkins Brown sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The shares were sold at an average price of $26.10, for a total value of $39,150.00. Following the sale, the executive vice president now owns 53,291 shares of the company’s stock, valued at $1,390,895.10. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Bradford L. Watkins sold 930 shares of the business’s stock in a transaction that occurred on Thursday, August 31st. The shares were sold at an average price of $27.09, for a total transaction of $25,193.70. Following the completion of the sale, the insider now directly owns 73,500 shares in the company, valued at approximately $1,991,115. The disclosure for this sale can be found here. In the last three months, insiders sold 10,530 shares of company stock worth $283,250. Insiders own 4.65% of the company’s stock.

A number of large investors have recently modified their holdings of the stock. Phocas Financial Corp. grew its stake in State Bank Financial Corporation. by 4.7% during the second quarter. Phocas Financial Corp. now owns 457,471 shares of the financial services provider’s stock valued at $12,407,000 after acquiring an additional 20,406 shares in the last quarter. Wasatch Advisors Inc. purchased a new position in State Bank Financial Corporation. during the second quarter valued at approximately $2,542,000. Susquehanna International Group LLP purchased a new position in State Bank Financial Corporation. during the second quarter valued at approximately $215,000. The Manufacturers Life Insurance Company grew its stake in State Bank Financial Corporation. by 3.1% during the second quarter. The Manufacturers Life Insurance Company now owns 260,773 shares of the financial services provider’s stock valued at $7,073,000 after acquiring an additional 7,836 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in State Bank Financial Corporation. during the second quarter valued at approximately $204,000. 77.67% of the stock is owned by institutional investors.

About State Bank Financial Corporation.

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.

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

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