State Bank Financial Corporation. (STBZ) Getting Somewhat Favorable Press Coverage, Study Shows
News coverage about State Bank Financial Corporation. (NASDAQ:STBZ) has trended somewhat positive this week, according to Accern Sentiment Analysis. 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 negative one to one, with scores closest to one being the most favorable. State Bank Financial Corporation. earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 47.1354056296532 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- State Bank Financial Corporation announces release date for Q3 2017 results (mdjonline.com)
- State Bank Financial Corporation Announces Release Date and Conference Call for Third Quarter 2017 Results (finance.yahoo.com)
- State Bank Financial Corporation. to Post Q1 2018 Earnings of $0.43 Per Share, SunTrust Banks Forecasts (STBZ) (americanbankingnews.com)
- State Bank Financial Corporation. (STBZ) Expected to Post Quarterly Sales of $56.15 Million (americanbankingnews.com)
- Brokers Set Expectations for State Bank Financial Corporation.’s FY2018 Earnings (STBZ) (americanbankingnews.com)
Shares of State Bank Financial Corporation. (NASDAQ STBZ) traded down 0.41% on Wednesday, reaching $29.24. 72,030 shares of the company traded hands. The firm has a market capitalization of $1.11 billion, a P/E ratio of 22.46 and a beta of 0.98. The stock has a 50-day moving average price of $27.48 and a 200 day moving average price of $26.74. State Bank Financial Corporation. has a 1-year low of $21.15 and a 1-year high of $29.51.
State Bank Financial Corporation. (NASDAQ:STBZ) last issued its quarterly earnings data on Thursday, July 27th. The financial services provider reported $0.39 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $56.95 million during the quarter, compared to analysts’ expectations of $54.83 million. Analysts anticipate that State Bank Financial Corporation. will post $1.45 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 12th. Shareholders of record on Tuesday, September 5th were paid a $0.14 dividend. The ex-dividend date of this dividend was Thursday, August 31st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.92%. State Bank Financial Corporation.’s payout ratio is currently 42.75%.
Several research analysts recently issued reports on STBZ shares. 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. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $30.00 target price on shares of State Bank Financial Corporation. in a research report on Sunday, June 18th. Finally, BidaskClub upgraded shares of State Bank Financial Corporation. from a “sell” rating to a “hold” rating in a research report on Friday, June 16th. One equities research 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. State Bank Financial Corporation. currently has an average rating of “Hold” and an average target price of $28.17.
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In other news, insider Bradford L. Watkins sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $27.14, for a total value of $27,140.00. Following the completion of the sale, the insider now owns 72,500 shares in the company, valued at approximately $1,967,650. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP David Caulkins Brown sold 1,500 shares of the firm’s stock in a transaction dated Monday, August 21st. The stock was 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 disclosure for this sale can be found here. Insiders sold a total of 10,530 shares of company stock valued at $283,250 over the last three months. Corporate insiders own 4.65% 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.
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