NASDAQ:CSFL - Centerstate Bank Stock Price, Price Target & More

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$31.22 -0.01 (-0.03 %)
(As of 06/24/2018 08:48 AM ET)
Previous Close$31.22
Today's Range$30.19 - $31.48
52-Week Range$25.03 - $32.27
Volume3.22 million shs
Average Volume781,661 shs
Market Capitalization$2.62 billion
P/E Ratio22.47
Dividend Yield1.28%
Beta0.55
Centerstate Bank logoCenterState 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 in Florida. The company's deposit products include savings, demand, negotiable order of withdrawal, and money market deposit accounts, as well as certificates of deposit and time deposits. It also offers real estate loans to individuals and businesses for the purchase, improvement of, or investment in real estate; construction of single-family residential and commercial units; and development of single-family residential building lots. In addition, the company provides commercial loans to individuals and small-to-medium sized businesses for working capital, equipment purchases, and various other business purposes; and consumer loans comprising loans to individuals for various consumer purposes, as well as business purpose loans. Further, it offers mutual funds, annuities, and other investment products. Additionally, the company sells fixed income securities; and provides hedging, loan brokerage, correspondent bank deposits, safe-keeping, bond accounting, asset/liability consulting, international wires, clearing and corporate checking account, and other correspondent banking related services. As of December 31, 2017, it operated 78 bank office network located in 28 counties of Florida; and 1 loan production office in Florida, and 1 loan production office in Macon, Georgia. The company was formerly known as CenterState Banks, Inc. and changed its name to CenterState Bank Corporation in September 2017. CenterState Bank Corporation was founded in 1989 and is headquartered in Winter Haven, Florida.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.21
Current Ratio0.86
Quick Ratio0.86

Price-To-Earnings

Trailing P/E Ratio22.47
Forward P/E Ratio15.69
P/E GrowthN/A

Sales & Book Value

Annual Sales$316.50 million
Price / Sales8.27
Cash Flow$0.6493 per share
Price / Cash48.08
Book Value$15.04 per share
Price / Book2.08

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$55.79 million
Net Margins19.81%
Return on Equity8.36%
Return on Assets1.14%

Miscellaneous

Employees1,200
Outstanding Shares83,860,000

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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 Thursday, May 3rd. Investors of record on Friday, June 15th will be paid a dividend of $0.10 per share on Friday, June 29th. This represents a $0.40 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend is Thursday, June 14th. View Centerstate Bank's Dividend History.

How will Centerstate Bank's stock buyback program work?

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

How were Centerstate Bank's earnings last quarter?

Centerstate Bank Corp (NASDAQ:CSFL) released its quarterly earnings data on Tuesday, April, 24th. The financial services provider reported $0.50 EPS for the quarter, beating the consensus estimate of $0.40 by $0.10. The financial services provider had revenue of $118.06 million for the quarter, compared to analyst estimates of $113.07 million. Centerstate Bank had a return on equity of 8.36% and a net margin of 19.81%. 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, 24th 2018. View Earnings Estimates for Centerstate Bank.

What price target have analysts set for CSFL?

6 equities research analysts have issued 1 year target prices for Centerstate Bank's shares. Their predictions range from $28.00 to $33.00. On average, they anticipate Centerstate Bank's share price to reach $30.8333 in the next twelve months. View Analyst Ratings for Centerstate Bank.

Are investors shorting Centerstate Bank?

Centerstate Bank saw a increase in short interest in May. As of May 15th, there was short interest totalling 1,834,192 shares, an increase of 52.8% from the April 30th total of 1,200,703 shares. Based on an average daily trading volume, of 589,691 shares, the days-to-cover ratio is currently 3.1 days. Currently, 2.2% of the shares of the company are sold short. View Centerstate Bank's Current Options Chain.

Who are some of Centerstate Bank's key competitors?

Who are Centerstate Bank's key executives?

Centerstate Bank's management team includes the folowing people:
  • Mr. Ernest S. Pinner, Exec. Chairman (Age 71)
  • Mr. John C. Corbett, Pres, CEO & Director (Age 49)
  • Ms. Jennifer L. Idell, Exec. VP & CFO (Age 43)
  • Mr. Stephen Dean Young, Exec. VP & COO (Age 41)
  • Mr. Daniel E. Bockhorst, Exec. VP & Chief Credit Officer (Age 54)

Has Centerstate Bank been receiving favorable news coverage?

Media headlines about CSFL stock have been trending somewhat negative on Sunday, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Centerstate Bank earned a coverage optimism score of -0.02 on Accern's scale. They also assigned news articles about the financial services provider an impact score of 44.81 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.

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 BLACKROCK INC. (4.70%), BlackRock Inc. (4.71%), Lord Abbett & CO. LLC (3.24%), Dimensional Fund Advisors LP (2.71%), Schroder Investment Management Group (2.26%) and Millennium Management LLC (1.84%). Company insiders that own Centerstate Bank stock include Charles W Mcpherson, David G Salyers, Ernest S Pinner, James H Bingham, Jennifer Idell, Jody Jean Dreyer, John C Corbett, John E Tranter, Michael F Ciferri and Thomas E Oakley. View Institutional Ownership Trends for Centerstate Bank.

Which major investors are selling Centerstate Bank stock?

CSFL stock was sold by a variety of institutional investors in the last quarter, including Banc Funds Co. LLC, Loomis Sayles & Co. L P, Heartland Advisors Inc., BNP Paribas Arbitrage SA, Rothschild Asset Management Inc., Tokio Marine Asset Management Co. Ltd., Boston Partners and ETRADE Capital Management LLC. Company insiders that have sold Centerstate Bank company stock in the last year include Ernest S Pinner, Jennifer Idell and Thomas E Oakley. View Insider Buying and Selling for Centerstate Bank.

Which major investors are buying Centerstate Bank stock?

CSFL stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Schroder Investment Management Group, Millennium Management LLC, Mendon Capital Advisors Corp, JPMorgan Chase & Co., Hsbc Holdings PLC, RMB Capital Management LLC and Principal Financial Group Inc.. Company insiders that have bought Centerstate Bank stock in the last two years include Charles W Mcpherson, David G Salyers, Jody Jean Dreyer and Michael F Ciferri. 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 $31.22.

How big of a company is Centerstate Bank?

Centerstate Bank has a market capitalization of $2.62 billion and generates $316.50 million in revenue each year. Centerstate Bank employs 1,200 workers across the globe.

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 (CSFL)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  222 (Vote Outperform)
Underperform Votes:  197 (Vote Underperform)
Total Votes:  419
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 6/24/2018 by MarketBeat.com Staff

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