State Bank Financial Corporation. (NASDAQ:STBZ) – Investment analysts at SunTrust Banks lowered their Q4 2017 earnings per share (EPS) estimates for shares of State Bank Financial Corporation. in a research report issued to clients and investors on Monday. SunTrust Banks analyst J. Demba now anticipates that the financial services provider will post earnings per share of $0.39 for the quarter, down from their previous estimate of $0.42. SunTrust Banks also issued estimates for State Bank Financial Corporation.’s Q2 2018 earnings at $0.47 EPS and FY2019 earnings at $2.02 EPS.

A number of other equities research analysts have also commented on the company. Zacks Investment Research upgraded State Bank Financial Corporation. from a “sell” rating to a “hold” rating in a research report on Tuesday. BidaskClub upgraded State Bank Financial Corporation. from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 26th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $30.00 price target on shares of State Bank Financial Corporation. in a research report on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $30.00.

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Shares of State Bank Financial Corporation. (NASDAQ STBZ) traded down 0.66% on Wednesday, reaching $28.72. The company’s stock had a trading volume of 21,034 shares. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 22.06 and a beta of 0.98. The stock has a 50-day moving average of $28.62 and a 200 day moving average of $27.12. State Bank Financial Corporation. has a 52 week low of $21.15 and a 52 week high of $29.70.

State Bank Financial Corporation. (NASDAQ:STBZ) last announced its quarterly earnings results on Thursday, October 26th. The financial services provider reported $0.37 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.36 by $0.01. State Bank Financial Corporation. had a return on equity of 8.51% and a net margin of 22.79%. The company had revenue of $54.01 million during the quarter, compared to analyst estimates of $56.15 million.

In other State Bank Financial Corporation. news, insider Bradford L. Watkins sold 1,000 shares of the stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $27.14, for a total value of $27,140.00. Following the transaction, the insider now directly owns 72,500 shares in the company, valued at approximately $1,967,650. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP David Caulkins Brown sold 1,500 shares of the stock in a transaction 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 completion of the transaction, the executive vice president now owns 53,291 shares in the company, valued at $1,390,895.10. The disclosure for this sale can be found here. Insiders sold a total of 10,530 shares of company stock worth $283,250 over the last quarter. Corporate insiders own 4.65% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Chicago Equity Partners LLC bought a new position in State Bank Financial Corporation. in the 3rd quarter valued at $1,682,000. Aperio Group LLC boosted its position in State Bank Financial Corporation. by 35.3% in the 3rd quarter. Aperio Group LLC now owns 12,829 shares of the financial services provider’s stock valued at $368,000 after buying an additional 3,350 shares during the last quarter. First Trust Advisors LP boosted its position in State Bank Financial Corporation. by 8.7% in the 3rd quarter. First Trust Advisors LP now owns 85,536 shares of the financial services provider’s stock valued at $2,451,000 after buying an additional 6,857 shares during the last quarter. Phocas Financial Corp. boosted its position in State Bank Financial Corporation. by 4.7% in the 2nd quarter. Phocas Financial Corp. now owns 457,471 shares of the financial services provider’s stock valued at $12,407,000 after buying an additional 20,406 shares during the last quarter. Finally, Wasatch Advisors Inc. bought a new position in State Bank Financial Corporation. in the 2nd quarter valued at $2,542,000. Hedge funds and other institutional investors own 77.66% 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.

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

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