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

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

Centerstate Bank declared a quarterly dividend on Thursday, January 16th. Shareholders 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 dividend on an annualized basis and a yield of 2.42%. 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) announced its earnings results on Monday, January, 27th. The financial services provider reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.05. The financial services provider had revenue of $208.25 million for the quarter, compared to the consensus estimate of $196.77 million. Centerstate Bank had a net margin of 26.20% and a return on equity of 9.63%. 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.

2 brokers have issued 12-month target prices for Centerstate Bank's stock. Their forecasts range from $25.00 to $25.50. On average, they anticipate Centerstate Bank's share price to reach $25.25 in the next year. This suggests a possible upside of 8.9% from the stock's current price. View Analyst Price Targets for Centerstate Bank.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Centerstate Bank in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Centerstate Bank.

News stories about CSFL stock have trended somewhat negative this week, according to InfoTrie. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. 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 news impact score of -1.0 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Centerstate Bank.

Centerstate Bank saw a drop in short interest in January. As of January 15th, there was short interest totalling 2,070,000 shares, a drop of 27.4% from the December 31st total of 2,850,000 shares. Based on an average daily volume of 477,600 shares, the short-interest ratio is presently 4.3 days. Currently, 1.7% of the shares of the company 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), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), 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), SunCoke Energy Partners (SXCP), AT&T (T), Martin Midstream Partners (MMLP), NVIDIA (NVDA), 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 investors include California Public Employees Retirement System (0.46%), Peregrine Capital Management LLC (0.23%), Arlington Partners LLC (0.15%), First National Bank of Omaha (0.08%), Red Spruce Capital LLC (0.05%) and CWM LLC (0.02%). 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.

CSFL stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Arlington Partners LLC, Evanson Asset Management LLC, First National Bank of Omaha, Leavell Investment Management Inc. and Strs Ohio. 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 California Public Employees Retirement System, Red Spruce Capital LLC, Peregrine Capital Management LLC, CWM LLC, Sciencast Management LP, Advisors Capital Management LLC, IFP Advisors Inc and Squar Milner Financial Services 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, Thomas E Oakley 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 $23.18.

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.

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]