State Bank Financial Corp. (NASDAQ:STBZ) declared a quarterly dividend on Thursday, November 17th. Stockholders of record on Monday, December 5th will be paid a dividend of 0.14 per share by the financial services provider on Tuesday, December 13th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date of this dividend is Thursday, December 1st.

State Bank Financial Corp. (NASDAQ:STBZ) opened at 25.14 on Friday. The stock has a market cap of $901.60 million, a PE ratio of 18.99 and a beta of 0.81. State Bank Financial Corp. has a 12 month low of $17.34 and a 12 month high of $25.86. The stock’s 50 day moving average price is $22.89 and its 200-day moving average price is $21.94.

State Bank Financial Corp. (NASDAQ:STBZ) last released its earnings results on Thursday, October 27th. The financial services provider reported $0.34 EPS for the quarter, beating the Zacks’ consensus estimate of $0.31 by $0.03. State Bank Financial Corp. had a return on equity of 8.97% and a net margin of 24.14%. Analysts anticipate that State Bank Financial Corp. will post $1.33 EPS for the current fiscal year.

Dividend History for State Bank Financial Corp. (NASDAQ:STBZ)

A number of research analysts have issued reports on STBZ shares. Stephens cut State Bank Financial Corp. from an “overweight” rating to an “equal weight” rating in a research note on Friday, July 29th. Zacks Investment Research cut State Bank Financial Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, September 28th. Hovde Group cut State Bank Financial Corp. from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from $25.00 to $24.50 in a research note on Friday, October 28th. Finally, FBR & Co lifted their price objective on State Bank Financial Corp. from $24.00 to $24.50 and gave the company an “outperform” rating in a research note on Friday, July 29th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. State Bank Financial Corp. currently has an average rating of “Hold” and a consensus price target of $23.00.

In other State Bank Financial Corp. news, Director John D. Houser sold 5,073 shares of State Bank Financial Corp. stock in a transaction on Monday, November 14th. The stock was sold at an average price of $25.01, for a total value of $126,875.73. Following the completion of the sale, the director now owns 44,201 shares of the company’s stock, valued at approximately $1,105,467.01. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 6.31% of the stock is owned by company insiders.

Hedge funds have recently bought and sold shares of the company. The Manufacturers Life Insurance Company acquired a new stake in State Bank Financial Corp. during the third quarter worth approximately $5,312,000. Morgan Stanley raised its stake in State Bank Financial Corp. by 134.1% in the third quarter. Morgan Stanley now owns 11,602 shares of the financial services provider’s stock worth $265,000 after buying an additional 6,646 shares during the last quarter. Northern Trust Corp raised its stake in State Bank Financial Corp. by 1.0% in the third quarter. Northern Trust Corp now owns 531,830 shares of the financial services provider’s stock worth $12,136,000 after buying an additional 5,173 shares during the last quarter. California State Teachers Retirement System raised its stake in State Bank Financial Corp. by 1.0% in the third quarter. California State Teachers Retirement System now owns 74,028 shares of the financial services provider’s stock worth $1,689,000 after buying an additional 700 shares during the last quarter. Finally, BlackRock Institutional Trust Company N.A. raised its stake in State Bank Financial Corp. by 0.8% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 580,669 shares of the financial services provider’s stock worth $13,251,000 after buying an additional 4,585 shares during the last quarter. 82.83% of the stock is owned by institutional investors and hedge funds.

State Bank Financial Corp. 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 a range of community banking services to individuals and businesses within its markets. Its product line includes loans to small and medium-sized businesses (SMBs), 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.

5 Day Chart for NASDAQ:STBZ

Receive News & Stock Ratings for State Bank Financial Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for State Bank Financial Corp. and related stocks with our FREE daily email newsletter.