CenterState Banks Inc. (NASDAQ:CSFL) – Research analysts at FIG Partners issued their Q1 2017 earnings per share estimates for CenterState Banks in a report issued on Tuesday. FIG Partners analyst J. Rodis expects that the brokerage will earn $0.30 per share for the quarter. FIG Partners has a “Market Perform” rating on the stock. FIG Partners also issued estimates for CenterState Banks’ Q2 2017 earnings at $0.31 EPS, Q3 2017 earnings at $0.32 EPS and Q4 2017 earnings at $0.34 EPS.
A number of other research firms have also issued reports on CSFL. Keefe, Bruyette & Woods raised their price target on shares of CenterState Banks from $17.00 to $18.00 and gave the stock a “market perform” rating in a research report on Wednesday. Zacks Investment Research raised shares of CenterState Banks from a “sell” rating to a “buy” rating and set a $18.00 price target for the company in a research report on Friday, April 29th. Finally, Stephens started coverage on shares of CenterState Banks in a research note on Wednesday, May 25th. They set an “equal weight” rating and a $17.50 target price on the stock. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $17.38.
Shares of CenterState Banks (NASDAQ:CSFL) traded down 1.13% during trading on Thursday, hitting $16.67. 70,159 shares of the company were exchanged. The firm’s 50-day moving average price is $15.78 and its 200 day moving average price is $15.14. The firm has a market capitalization of $800.08 million and a PE ratio of 25.03. CenterState Banks has a 12 month low of $12.20 and a 12 month high of $16.90.
A hedge fund recently raised its stake in CenterState Banks stock. California State Teachers Retirement System boosted its stake in shares of CenterState Banks Inc. (NASDAQ:CSFL) by 1.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 84,192 shares of the financial services provider’s stock after buying an additional 1,298 shares during the period. California State Teachers Retirement System owned about 0.19% of CenterState Banks worth $1,318,000 as of its most recent filing with the SEC.
The company also recently declared a quarterly dividend, which was paid on Thursday, June 30th. Stockholders of record on Wednesday, June 15th were given a dividend of $0.04 per share. The ex-dividend date was Monday, June 13th. This represents a $0.16 annualized dividend and a dividend yield of 0.96%.
CenterState Banks, Inc (CSFL) is a bank holding company, which owns CenterState Bank of Florida, N.A. (CSB or the Bank) and a non-bank subsidiary, R4ALL, Inc (R4ALL). The Company’s basic services include demand interest-bearing and noninterest-bearing accounts, money market deposit accounts, time deposits, safe deposit services, cash management, direct deposits, notary services, money orders, night depository, travelers’ checks, cashier’s checks, domestic collections, savings bonds, bank drafts, automated teller services, drive-in tellers, and banking by mail and by Internet.
