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. Investors of record on Monday, March 16th will be paid a dividend of $0.14 per share on Tuesday, March 31st. This represents a $0.56 annualized dividend and a dividend yield of 2.48%. The ex-dividend date of this dividend is Friday, March 13th. This is a boost from Centerstate Bank's previous quarterly dividend of $0.11. View Centerstate Bank's Dividend History.

Centerstate Bank Corp (NASDAQ:CSFL) posted its quarterly earnings data on Monday, January, 27th. The financial services provider reported $0.57 earnings per share (EPS) for the quarter, beating 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 return on equity of 9.88% and a net margin of 26.46%. 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 brokers have issued 12-month target prices for Centerstate Bank's shares. Their forecasts range from $24.50 to $25.50. On average, they expect Centerstate Bank's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 10.6% 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 articles about CSFL stock have been trending very negative on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Centerstate Bank earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Centerstate Bank.

Centerstate Bank saw a increase in short interest during 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 volume of 520,500 shares, the short-interest ratio is currently 4.2 days. Approximately 1.8% of the shares of the stock are short sold. 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), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Signature Bank (SBNY), 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 a variety of 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 acquired 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 $22.60.

Centerstate Bank has a market capitalization of $2.83 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]