Wall Street analysts expect that State Bank Financial Corporation. (NASDAQ:STBZ) will post sales of $56.15 million for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for State Bank Financial Corporation.’s earnings, with the highest sales estimate coming in at $56.40 million and the lowest estimate coming in at $55.90 million. State Bank Financial Corporation. posted sales of $47.89 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 17.2%. The company is expected to issue its next earnings report on Thursday, October 26th.

According to Zacks, analysts expect that State Bank Financial Corporation. will report full-year sales of $56.15 million for the current fiscal year, with estimates ranging from $224.00 million to $234.60 million. For the next year, analysts anticipate that the business will post sales of $275.00 million per share, with estimates ranging from $267.90 million to $282.20 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that follow State Bank Financial Corporation..

State Bank Financial Corporation. (NASDAQ:STBZ) last issued its quarterly earnings results on Thursday, July 27th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.03. The company had revenue of $56.95 million for the quarter, compared to the consensus estimate 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 issued reports on STBZ. Zacks Investment Research lowered shares of State Bank Financial Corporation. from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. BidaskClub upgraded shares of 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 target price on shares of State Bank Financial Corporation. in a research report on Thursday, July 27th. One 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 an average rating of “Hold” and a consensus target price of $28.17.

Shares of State Bank Financial Corporation. (NASDAQ:STBZ) traded down 0.21% during midday trading on Friday, hitting $29.16. The stock had a trading volume of 64,488 shares. The firm has a market capitalization of $1.11 billion, a PE ratio of 22.40 and a beta of 0.98. The company’s 50 day moving average price is $27.30 and its 200-day moving average price is $26.65. State Bank Financial Corporation. has a 1-year low of $21.15 and a 1-year high of $29.50.

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 dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date of this dividend was Thursday, August 31st. State Bank Financial Corporation.’s dividend payout ratio (DPR) is presently 42.75%.

In other news, EVP David Caulkins Brown sold 1,500 shares of the company’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 transaction of $39,150.00. Following the completion of the sale, the executive vice president now owns 53,291 shares of the company’s stock, valued at approximately $1,390,895.10. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Bradford L. Watkins sold 7,000 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $27.01, for a total transaction of $189,070.00. Following the sale, the insider now directly owns 81,190 shares of the company’s stock, valued at approximately $2,192,941.90. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 10,530 shares of company stock valued at $283,250. 4.65% of the stock is currently owned by insiders.

Several institutional investors have recently modified their holdings of STBZ. First Trust Advisors LP lifted its holdings in shares of State Bank Financial Corporation. by 23.2% during the 1st quarter. First Trust Advisors LP now owns 122,452 shares of the financial services provider’s stock worth $3,198,000 after acquiring an additional 23,023 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of State Bank Financial Corporation. by 7.2% during the 1st quarter. Bank of New York Mellon Corp now owns 170,469 shares of the financial services provider’s stock worth $4,452,000 after acquiring an additional 11,499 shares during the period. Sei Investments Co. lifted its holdings in shares of State Bank Financial Corporation. by 3.3% during the 1st quarter. Sei Investments Co. now owns 3,869 shares of the financial services provider’s stock worth $101,000 after acquiring an additional 122 shares during the period. American International Group Inc. lifted its holdings in shares of State Bank Financial Corporation. by 7.1% during the 1st quarter. American International Group Inc. now owns 21,540 shares of the financial services provider’s stock worth $563,000 after acquiring an additional 1,431 shares during the period. Finally, Alliancebernstein L.P. lifted its holdings in shares of State Bank Financial Corporation. by 40.7% during the 1st quarter. Alliancebernstein L.P. now owns 220,272 shares of the financial services provider’s stock worth $5,754,000 after acquiring an additional 63,720 shares during the period. 77.67% of the stock is owned by institutional investors.

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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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