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

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

Centerstate Bank announced a quarterly dividend on Thursday, January 16th. Stockholders of record on Monday, March 16th will be given a dividend of $0.14 per share on Tuesday, March 31st. This represents a $0.56 annualized dividend and a dividend yield of 2.36%. The ex-dividend date is Friday, March 13th. This is a positive change from Centerstate Bank's previous quarterly dividend of $0.11. View Centerstate Bank's Dividend History.

Centerstate Bank Corp (NASDAQ:CSFL) announced its quarterly earnings data on Monday, January, 27th. The financial services provider reported $0.57 EPS for the quarter, topping the Zacks' consensus estimate of $0.52 by $0.05. The financial services provider had revenue of $208.25 million for the quarter, compared to analyst estimates of $196.77 million. Centerstate Bank had a net margin of 26.46% and a return on equity of 9.88%. View Centerstate Bank's Earnings History.

Centerstate Bank is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Centerstate Bank.

3 brokerages have issued 12 month target prices for Centerstate Bank's shares. Their forecasts range from $24.50 to $25.50. On average, they anticipate Centerstate Bank's share price to reach $25.00 in the next year. This suggests a possible upside of 5.4% from the stock's current price. View Analyst Price Targets for Centerstate Bank.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Centerstate Bank in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Centerstate Bank.

News headlines about CSFL stock have been trending somewhat negative on Thursday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Centerstate Bank earned a news sentiment score of -1.4 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Centerstate Bank.

Centerstate Bank saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 2,210,000 shares, an increase of 6.8% from the January 15th total of 2,070,000 shares. Based on an average daily trading volume, of 520,500 shares, the days-to-cover ratio is currently 4.2 days. Approximately 1.8% of the company's shares are sold short. View Centerstate Bank's Current Options Chain.

Some companies that are related to Centerstate Bank include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), East West Bancorp (EWBC) and TCF Financial (TCF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Centerstate Bank investors own include Energy Transfer LP Unit (ET), Garrison Capital (GARS), NVIDIA (NVDA), SunCoke Energy Partners (SXCP), AT&T (T), Martin Midstream Partners (MMLP), CBL & Associates Properties (CBL), Ford Motor (F), NGL Energy Partners (NGL) and SandRidge Permian Trust (PER).

Centerstate Bank's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Goldman Sachs Group Inc. (3.14%), State Street Corp (2.82%), Capital International Investors (2.35%), Franklin Resources Inc. (1.72%), Schroder Investment Management Group (1.68%) and Geode Capital Management LLC (1.34%). 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, William E V Matthews and William K Pou Jr. View Institutional Ownership Trends for Centerstate Bank.

CSFL stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Endeavour Capital Advisors Inc., Renaissance Technologies LLC, Goldman Sachs Group Inc., Stifel Financial Corp, Banc Funds Co. LLC and Chartwell Investment Partners 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.

CSFL stock was purchased by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Lord Abbett & CO. LLC, Schroder Investment Management Group, California Public Employees Retirement System, State Street Corp, Standard Life Aberdeen plc, Moody Aldrich Partners LLC and Bank of New York Mellon Corp. 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, William E V Matthews and William K Pou Jr. View Insider Buying and Selling for 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.

One share of CSFL stock can currently be purchased for approximately $23.73.

Centerstate Bank has a market capitalization of $2.97 billion and generates $851.39 million in revenue each year. The financial services provider earns $225.31 million in net income (profit) each year or $2.13 on an earnings per share basis. Centerstate Bank employs 2,113 workers across the globe.View Additional Information About Centerstate Bank.

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

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]