NASDAQ:CSFL - Centerstate Bank Stock Price, News, & Analysis

$22.18
+0.04 (+0.18 %)
(As of 06/26/2019 04:31 AM ET)
Today's Range
$21.82
Now: $22.18
$22.2750
50-Day Range
$21.89
MA: $22.85
$24.25
52-Week Range
$19.55
Now: $22.18
$31.24
Volume362,857 shs
Average Volume614,033 shs
Market Capitalization$2.90 billion
P/E RatioN/A
Dividend Yield1.99%
Beta1.07
CenterState Bank Corporation operates as the holding company for CenterState Bank, N.A. that provides various consumer and commercial banking services to individuals, businesses, and industries. The company accepts various deposit products, such as savings, demand, negotiable order of withdrawal, and money market deposit accounts, as well as certificates of deposit and time deposits. Read More…

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:CSFL
CUSIP15201P10
Phone863-293-4710

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$565.76 million
Cash Flow$1.3273 per share
Book Value$20.60 per share

Profitability

Net Income$156.43 million

Miscellaneous

Employees2,113
Market Cap$2.90 billion
Next Earnings Date7/23/2019 (Estimated)
OptionableOptionable

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Centerstate Bank (NASDAQ:CSFL) Frequently Asked Questions

What is Centerstate Bank's stock symbol?

Centerstate Bank trades on the NASDAQ under the ticker symbol "CSFL."

How often does Centerstate Bank pay dividends? What is the dividend yield for Centerstate Bank?

Centerstate Bank declared a quarterly dividend on Tuesday, April 30th. Investors of record on Friday, June 14th will be given a dividend of $0.11 per share on Friday, June 28th. This represents a $0.44 annualized dividend and a yield of 1.98%. The ex-dividend date of this dividend is Thursday, June 13th. View Centerstate Bank's Dividend History.

How will Centerstate Bank's stock buyback program work?

Centerstate Bank announced that its board has initiated a share repurchase plan on Friday, September 8th 2017, which permits the company to repurchase 3,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

How were Centerstate Bank's earnings last quarter?

Centerstate Bank Corp (NASDAQ:CSFL) posted its quarterly earnings data on Tuesday, April, 23rd. The financial services provider reported $0.51 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.52 by $0.01. The financial services provider earned $143.48 million during the quarter, compared to analyst estimates of $142.80 million. Centerstate Bank had a net margin of 27.51% and a return on equity of 10.11%. View Centerstate Bank's Earnings History.

When is Centerstate Bank's next earnings date?

Centerstate Bank is scheduled to release their next quarterly earnings announcement on Tuesday, July 23rd 2019. View Earnings Estimates for Centerstate Bank.

What price target have analysts set for CSFL?

4 brokers have issued 1 year price targets for Centerstate Bank's stock. Their forecasts range from $26.00 to $30.00. On average, they anticipate Centerstate Bank's stock price to reach $28.75 in the next year. This suggests a possible upside of 29.6% from the stock's current price. View Analyst Price Targets for Centerstate Bank.

What is the consensus analysts' recommendation for Centerstate Bank?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Centerstate Bank in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Centerstate Bank.

What are Wall Street analysts saying about Centerstate Bank stock?

Here are some recent quotes from research analysts about Centerstate Bank stock:
  • 1. According to Zacks Investment Research, "CenterState Banks, Inc. operates as a bank holding company. Its operating divisions consist of Commercial and Retail Banking, and Correspondent Banking and Capital Market. Commercial and Retail Banking division provides traditional deposit and lending products and services to its commercial and retail customers. Correspondent Banking and Capital Market division offers correspondent bank checking and fed funds purchased products; and safekeeping, bond accounting, and asset and liability consulting services to small to medium size financial institutions primarily in Florida, Alabama and Georgia. CenterState Banks 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, traveler's checks, cashier's checks, domestic collections, savings bonds, bank drafts, automated teller services, drive-in tellers and banking by mail and by Internet. CenterStat " (5/10/2019)
  • 2. Stephens analysts commented, "We maintain our Overweight rating and continue to view the stock as our Best Idea for 2019." (3/29/2019)

Has Centerstate Bank been receiving favorable news coverage?

News stories about CSFL stock have trended somewhat positive on Wednesday, according to InfoTrie. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Centerstate Bank earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the company's share price in the next few days. View News Stories for Centerstate Bank.

Who are some of Centerstate Bank's key competitors?

What other stocks do shareholders of Centerstate Bank own?

Who are Centerstate Bank's key executives?

Centerstate Bank's management team includes the folowing people:
  • Mr. Ernest S. Pinner, Exec. Chairman (Age 72)
  • Mr. John C. Corbett, Pres, CEO & Director (Age 50)
  • Mr. Stephen Dean Young, Exec. VP & COO (Age 42)
  • Ms. Jennifer L. Idell, Exec. VP & Chief Admin. Officer (Age 44)
  • Mr. William E. Matthews V, Chief Financial Officer (Age 54)

Who are Centerstate Bank's major shareholders?

Centerstate Bank's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Victory Capital Management Inc. (1.56%), Principal Financial Group Inc. (1.06%), Boston Partners (0.92%), Marshall Wace LLP (0.51%), Royce & Associates LP (0.64%) and Phocas Financial Corp. (0.45%). Company insiders that own Centerstate Bank stock include Charles W Mcpherson, David G Salyers, Ernest S Pinner, George Tierso Nunez II, James H Bingham, Jennifer Idell, Jody Jean Dreyer, John C Corbett, Michael F Ciferri, Stephen Dean Young, Thomas E Oakley and William K Pou Jr. View Institutional Ownership Trends for Centerstate Bank.

Which institutional investors are selling Centerstate Bank stock?

CSFL stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, JPMorgan Chase & Co., Dean Investment Associates LLC, Royce & Associates LP, Raymond James & Associates, GAM Holding AG, Moody Aldrich Partners LLC and Victory Capital Management Inc.. Company insiders that have sold Centerstate Bank company stock in the last year include George Tierso Nunez II, James H Bingham and Stephen Dean Young. View Insider Buying and Selling for Centerstate Bank.

Which institutional investors are buying Centerstate Bank stock?

CSFL stock was acquired by a variety of institutional investors in the last quarter, including Emerald Advisers LLC, Pennsylvania Trust Co, Emerald Mutual Fund Advisers Trust, Nordea Investment Management AB, ClariVest Asset Management LLC, Kennedy Capital Management Inc., Marshall Wace LLP and Castine Capital Management LLC. Company insiders that have bought Centerstate Bank stock in the last two years include Charles W Mcpherson, David G Salyers, Ernest S Pinner, Jody Jean Dreyer, John C Corbett, Michael F Ciferri and William K Pou Jr. View Insider Buying and Selling for Centerstate Bank.

How do I buy shares of Centerstate Bank?

Shares of CSFL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Centerstate Bank's stock price today?

One share of CSFL stock can currently be purchased for approximately $22.18.

How big of a company is Centerstate Bank?

Centerstate Bank has a market capitalization of $2.90 billion and generates $565.76 million in revenue each year. Centerstate Bank employs 2,113 workers across the globe.View Additional Information About Centerstate Bank.

What is Centerstate Bank's official website?

The official website for Centerstate Bank is http://www.centerstatebank.com/.

How can I contact Centerstate Bank?

Centerstate Bank's mailing address is 1101 FIRST STREET SOUTH SUITE 202, WINTER HAVEN FL, 33880. The financial services provider can be reached via phone at 863-293-4710 or via email at [email protected]


MarketBeat Community Rating for Centerstate Bank (NASDAQ CSFL)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  295 (Thanks for Voting!)
Underperform Votes:  281 (Thanks for Voting!)
Total Votes:  576
MarketBeat's community ratings are surveys of what our community members think about Centerstate Bank and other stocks. Vote "Outperform" if you believe CSFL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CSFL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/26/2019 by MarketBeat.com Staff

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