News articles about State Bank Financial (NASDAQ:STBZ) have trended somewhat positive recently, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. State Bank Financial earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 45.1469557987297 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment’s analysis:
- How to Start a Financial Literacy Club (money.usnews.com)
- UPDATE 1-India’s Bandhan Bank to launch up to $689 mln IPO next week (reuters.com)
- Have You Considered These Key Risks For State Bank Financial Corporation (NASDAQ:STBZ)? (finance.yahoo.com)
- Indonesia Stock Exchange Expects 11 State-Owned Companies to IPO (indonesia-investments.com)
- UPDATE 2-India’s Bandhan Bank, Hindustan Aeronautics to launch IPOs next week (reuters.com)
Shares of State Bank Financial (NASDAQ:STBZ) opened at $30.86 on Monday. The company has a market capitalization of $1,203.92, a price-to-earnings ratio of 25.72, a price-to-earnings-growth ratio of 1.17 and a beta of 0.98. State Bank Financial has a 12-month low of $24.16 and a 12-month high of $31.75.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 13th. Shareholders of record on Monday, March 5th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.59%. This is an increase from State Bank Financial’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Friday, March 2nd. State Bank Financial’s payout ratio is presently 66.67%.
A number of research firms recently weighed in on STBZ. Hovde Group restated a “hold” rating on shares of State Bank Financial in a research note on Tuesday, February 6th. BidaskClub downgraded State Bank Financial from a “hold” rating to a “sell” rating in a research note on Friday, January 26th. Zacks Investment Research upgraded State Bank Financial from a “hold” rating to a “buy” rating and set a $34.00 price target on the stock in a research note on Thursday, February 1st. Gabelli upgraded State Bank Financial from a “hold” rating to a “buy” rating and set a $35.00 price target on the stock in a research note on Friday, January 26th. Finally, Sandler O’Neill upgraded State Bank Financial from a “hold” rating to a “buy” rating and set a $35.00 price target on the stock in a research note on Friday, December 15th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $34.00.
In other news, CFO Sheila Ray bought 3,300 shares of the firm’s stock in a transaction on Wednesday, February 28th. The shares were bought at an average cost of $29.50 per share, for a total transaction of $97,350.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 4.65% of the stock is currently owned by insiders.
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.
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