State Bank Financial Corp (NASDAQ:STBZ) has earned a consensus rating of “Hold” from the eight brokerages that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $34.33.

A number of equities analysts recently commented on STBZ shares. ValuEngine downgraded State Bank Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, December 27th. Gabelli downgraded State Bank Financial from a “buy” rating to a “hold” rating in a research report on Thursday, November 30th. Sandler O’Neill upgraded State Bank Financial from a “hold” rating to a “buy” rating and set a $35.00 price objective on the stock in a research report on Friday, December 15th. BidaskClub downgraded State Bank Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, December 27th. Finally, Zacks Investment Research downgraded State Bank Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd.

A number of large investors have recently bought and sold shares of STBZ. Wasatch Advisors Inc. raised its position in State Bank Financial by 215.5% in the third quarter. Wasatch Advisors Inc. now owns 295,679 shares of the financial services provider’s stock valued at $8,471,000 after purchasing an additional 201,959 shares during the period. AJO LP purchased a new stake in State Bank Financial in the second quarter valued at $4,290,000. Dimensional Fund Advisors LP raised its position in State Bank Financial by 8.6% in the third quarter. Dimensional Fund Advisors LP now owns 1,198,614 shares of the financial services provider’s stock valued at $34,340,000 after purchasing an additional 94,752 shares during the period. Vanguard Group Inc. raised its position in State Bank Financial by 3.1% in the second quarter. Vanguard Group Inc. now owns 2,942,590 shares of the financial services provider’s stock valued at $79,802,000 after purchasing an additional 87,800 shares during the period. Finally, Chicago Equity Partners LLC purchased a new stake in State Bank Financial in the third quarter valued at $1,682,000. Institutional investors own 78.94% of the company’s stock.

Shares of State Bank Financial (STBZ) traded down $0.04 during trading on Tuesday, reaching $30.37. The company had a trading volume of 82,000 shares, compared to its average volume of 84,720. State Bank Financial has a 52-week low of $24.16 and a 52-week high of $31.75. The stock has a market capitalization of $1,185.74, a P/E ratio of 22.66, a price-to-earnings-growth ratio of 1.36 and a beta of 0.95.

State Bank Financial (NASDAQ:STBZ) last announced its quarterly earnings data on Thursday, October 26th. The financial services provider reported $0.37 EPS for the quarter, topping the Zacks’ consensus estimate of $0.36 by $0.01. State Bank Financial had a return on equity of 8.44% and a net margin of 22.79%. The firm had revenue of $54.01 million for the quarter, compared to the consensus estimate of $56.15 million. research analysts forecast that State Bank Financial will post 1.52 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 12th. Shareholders of record on Monday, December 4th were given a $0.14 dividend. The ex-dividend date of this dividend was Friday, December 1st. This represents a $0.56 dividend on an annualized basis and a yield of 1.84%. State Bank Financial’s dividend payout ratio is currently 41.79%.

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State Bank Financial 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.

Analyst Recommendations for State Bank Financial (NASDAQ:STBZ)

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