Somewhat Positive Press Coverage Somewhat Unlikely to Affect State Bank Financial Corporation. (STBZ) Stock Price
Media stories about State Bank Financial Corporation. (NASDAQ:STBZ) have trended somewhat positive on Saturday, Accern Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. State Bank Financial Corporation. earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 45.0685826864089 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of State Bank Financial Corporation. (NASDAQ:STBZ) traded down 0.18% on Friday, hitting $27.62. The stock had a trading volume of 83,414 shares. The firm’s 50 day moving average is $26.73 and its 200-day moving average is $26.47. State Bank Financial Corporation. has a one year low of $21.15 and a one year high of $28.38. The stock has a market capitalization of $1.05 billion, a PE ratio of 21.21 and a beta of 0.97.
State Bank Financial Corporation. (NASDAQ:STBZ) last released its earnings results on Thursday, July 27th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.03. State Bank Financial Corporation. had a return on equity of 8.40% and a net margin of 22.61%. The business had revenue of $56.95 million for the quarter, compared to analyst estimates of $54.83 million. Equities research analysts expect that State Bank Financial Corporation. will post $1.45 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 12th. Investors of record on Tuesday, September 5th were issued a dividend of $0.14 per share. The ex-dividend date was Thursday, August 31st. This represents a $0.56 annualized dividend and a yield of 2.03%. State Bank Financial Corporation.’s payout ratio is presently 42.75%.
A number of research analysts have recently commented on STBZ shares. Keefe, Bruyette & Woods reissued a “hold” rating and set a $30.00 price objective on shares of State Bank Financial Corporation. in a report on Sunday, June 18th. BidaskClub raised State Bank Financial Corporation. from a “strong sell” rating to a “sell” rating in a report on Saturday, August 26th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $28.63.
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In related news, insider Bradford L. Watkins sold 1,000 shares of the company’s stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $27.14, for a total transaction of $27,140.00. Following the sale, the insider now owns 72,500 shares in the company, valued at $1,967,650. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Bradford L. Watkins sold 7,000 shares of the company’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $27.01, for a total value of $189,070.00. Following the sale, the insider now owns 81,190 shares in the company, valued at approximately $2,192,941.90. The disclosure for this sale can be found here. Insiders have sold 10,530 shares of company stock worth $283,250 in the last quarter. 4.65% of the stock is currently owned by corporate insiders.
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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