Log in

Centerstate Bank Stock Price, Forecast & Analysis (NASDAQ:CSFL)

$25.33
-0.05 (-0.20 %)
(As of 11/22/2019 02:57 AM ET)
Today's Range
$25.07
Now: $25.33
$25.52
50-Day Range
$23.03
MA: $24.83
$26.59
52-Week Range
$19.55
Now: $25.33
$26.83
Volume297,500 shs
Average Volume611,549 shs
Market Capitalization$3.17 billion
P/E RatioN/A
Dividend Yield1.73%
Beta1.06
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$1.33 per share
Book Value$20.60 per share

Profitability

Net Income$156.43 million

Miscellaneous

Employees2,113
Market Cap$3.17 billion
Next Earnings Date1/28/2020 (Estimated)
OptionableOptionable

Receive CSFL News and Ratings via Email

Sign-up to receive the latest news and ratings for CSFL and its competitors with MarketBeat's FREE daily newsletter.


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 announced a quarterly dividend on Thursday, October 17th. Stockholders of record on Friday, December 13th will be given a dividend of $0.11 per share on Tuesday, December 31st. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date of this dividend is Thursday, December 12th. View Centerstate Bank's Dividend History.

How were Centerstate Bank's earnings last quarter?

Centerstate Bank Corp (NASDAQ:CSFL) released its earnings results on Tuesday, October, 22nd. The financial services provider reported $0.53 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.50 by $0.03. The financial services provider had revenue of $203.44 million for the quarter, compared to analysts' expectations of $195.30 million. Centerstate Bank had a net margin of 26.20% and a return on equity of 9.63%. 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, January 28th 2020. View Earnings Estimates for Centerstate Bank.

What price target have analysts set for CSFL?

5 Wall Street analysts have issued 1-year target prices for Centerstate Bank's shares. Their forecasts range from $25.00 to $30.00. On average, they expect Centerstate Bank's share price to reach $28.00 in the next year. This suggests a possible upside of 10.5% from the stock's current price. View Analyst Price Targets for Centerstate Bank.

What is the consensus analysts' recommendation for Centerstate Bank?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Centerstate Bank in the last year. There are currently 1 hold rating and 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 " (11/11/2019)
  • 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?

Media coverage about CSFL stock has trended negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Centerstate Bank earned a media sentiment score of -2.4 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Centerstate Bank.

Are investors shorting Centerstate Bank?

Centerstate Bank saw a decline in short interest in October. As of October 31st, there was short interest totalling 2,420,000 shares, a decline of 34.6% from the September 30th total of 3,700,000 shares. Based on an average daily volume of 652,800 shares, the short-interest ratio is currently 3.7 days. Currently, 2.0% of the company's shares are sold short. View Centerstate Bank's Current Options Chain.

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 a number of of retail and institutional investors. Top institutional shareholders include Emerald Advisers LLC (0.48%), Fenimore Asset Management Inc. (0.33%), Hillcrest Asset Management LLC (0.30%), Eagle Asset Management Inc. (0.28%), Russell Investments Group Ltd. (0.24%) and California Public Employees Retirement System (0.21%). Company insiders that own Centerstate Bank stock include Charles W Mcpherson, David G Salyers, Ernest S Pinner, George Tierso Nunez II, James H Bingham, Jody Jean Dreyer, John C Corbett, 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 Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, Monarch Partners Asset Management LLC, SG Americas Securities LLC, Eagle Asset Management Inc., Teton Advisors Inc., Hillcrest Asset Management LLC and Naples Global Advisors LLC. 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 Peregrine Capital Management LLC, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Russell Investments Group Ltd., Rhumbline Advisers, 1492 Capital Management LLC, Synovus Financial Corp and Brinker Capital Inc.. 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, Thomas E Oakley 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, Robinhood, Fidelity and Charles Schwab.

What is Centerstate Bank's stock price today?

One share of CSFL stock can currently be purchased for approximately $25.33.

How big of a company is Centerstate Bank?

Centerstate Bank has a market capitalization of $3.17 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:  2.5 out of 5 (star star half star)
Outperform Votes:  320 (Vote Outperform)
Underperform Votes:  316 (Vote Underperform)
Total Votes:  636
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 11/22/2019 by MarketBeat.com Staff

Featured Article: Liquidity

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel