Wall Street brokerages expect State Bank Financial Corporation. (NASDAQ:STBZ) to post $56.15 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for State Bank Financial Corporation.’s earnings, with estimates ranging from $55.90 million to $56.40 million. State Bank Financial Corporation. posted sales of $47.89 million in the same quarter last year, which would indicate a positive year over year growth rate of 17.2%. The company is expected to report 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 year, with estimates ranging from $224.00 million to $229.30 million. For the next financial year, analysts expect that the firm will report sales of $276.03 million per share, with estimates ranging from $267.90 million to $285.30 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that cover State Bank Financial Corporation..

State Bank Financial Corporation. (NASDAQ:STBZ) last posted its quarterly earnings data on Thursday, July 27th. The financial services provider reported $0.39 EPS for the quarter, topping the Zacks’ 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 firm had revenue of $56.95 million for the quarter, compared to analyst estimates of $54.83 million.

Several equities research analysts have issued reports on STBZ shares. BidaskClub downgraded State Bank Financial Corporation. from a “hold” rating to a “sell” rating in a research report on Thursday, June 22nd. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $30.00 price objective on shares of State Bank Financial Corporation. in a research report on Sunday, June 18th. Finally, Zacks Investment Research downgraded State Bank Financial Corporation. from a “buy” rating to a “hold” rating in a research report on Tuesday. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $28.17.

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In related news, insider Bradford L. Watkins sold 1,000 shares of the stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $27.14, for a total value of $27,140.00. Following the transaction, the insider now owns 72,500 shares of the company’s stock, valued at $1,967,650. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Bradford L. Watkins sold 930 shares of the stock in a transaction on Thursday, August 31st. The shares were sold at an average price of $27.09, for a total value of $25,193.70. Following the completion of the transaction, the insider now directly owns 73,500 shares in the company, valued at approximately $1,991,115. The disclosure for this sale can be found here. In the last three months, insiders sold 10,530 shares of company stock worth $283,250. 4.65% of the stock is owned by insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sei Investments Co. increased its stake in State Bank Financial Corporation. by 3.3% in the first quarter. Sei Investments Co. now owns 3,869 shares of the financial services provider’s stock valued at $101,000 after acquiring an additional 122 shares during the last quarter. BNP Paribas Arbitrage SA increased its stake in State Bank Financial Corporation. by 459.6% in the second quarter. BNP Paribas Arbitrage SA now owns 4,538 shares of the financial services provider’s stock valued at $123,000 after acquiring an additional 3,727 shares during the last quarter. US Bancorp DE increased its stake in State Bank Financial Corporation. by 5.1% in the second quarter. US Bancorp DE now owns 5,200 shares of the financial services provider’s stock valued at $141,000 after acquiring an additional 252 shares during the last quarter. Cubist Systematic Strategies LLC bought a new position in State Bank Financial Corporation. in the second quarter valued at $204,000. Finally, Gratus Capital LLC bought a new position in State Bank Financial Corporation. in the second quarter valued at $206,000. 77.67% of the stock is currently owned by institutional investors and hedge funds.

State Bank Financial Corporation. (NASDAQ STBZ) opened at 29.18 on Friday. The company has a market cap of $1.11 billion, a price-to-earnings ratio of 22.41 and a beta of 0.98. State Bank Financial Corporation. has a 1-year low of $21.15 and a 1-year high of $29.35. The firm’s 50-day moving average price is $27.21 and its 200-day moving average price is $26.63.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 12th. Investors of record on Tuesday, September 5th were given a $0.14 dividend. The ex-dividend date 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 dividend payout ratio (DPR) is presently 42.75%.

About State Bank Financial Corporation.

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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