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

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

Centerstate Bank declared a quarterly dividend on Friday, January 18th. Investors of record on Friday, March 15th will be given a dividend of $0.11 per share on Friday, March 29th. This represents a $0.44 annualized dividend and a yield of 1.69%. The ex-dividend date of this dividend is Thursday, March 14th. This is an increase from Centerstate Bank's previous quarterly dividend of $0.10. View Centerstate Bank's Dividend History.

Centerstate Bank announced that its Board of Directors has initiated a share repurchase program on Friday, September 8th 2017, which allows the company to repurchase 3,000,000 shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its shares are undervalued.

Centerstate Bank Corp (NASDAQ:CSFL) issued its quarterly earnings results on Tuesday, January, 22nd. The financial services provider reported $0.54 EPS for the quarter, beating the Zacks' consensus estimate of $0.52 by $0.02. Centerstate Bank had a return on equity of 10.45% and a net margin of 27.64%. View Centerstate Bank's Earnings History.

Centerstate Bank is scheduled to release their next quarterly earnings announcement on Tuesday, March 19th 2019. View Earnings Estimates for Centerstate Bank.

4 brokers have issued 12 month price targets for Centerstate Bank's stock. Their forecasts range from $26.00 to $30.00. On average, they expect Centerstate Bank's share price to reach $28.75 in the next year. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Price Targets for Centerstate Bank.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Centerstate Bank in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Centerstate Bank.

Media stories about CSFL stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Centerstate Bank earned a coverage optimism score of 1.1 on InfoTrie's scale. They also assigned media headlines 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 stock's share price in the near term.

Centerstate Bank saw a increase in short interest in February. As of February 15th, there was short interest totalling 3,908,114 shares, an increase of 56.6% from the January 31st total of 2,495,149 shares. Based on an average trading volume of 675,419 shares, the short-interest ratio is presently 5.8 days. Approximately 4.2% of the shares of the company are sold short. View Centerstate Bank's Current Options Chain.

Some companies that are related to Centerstate Bank include Signature Bank (SBNY), People's United Financial (PBCT), First Horizon National (FHN), First Midwest Bancorp (FMBI), Pacific Premier Bancorp (PPBI), Cadence Bancorp (CADE), Park National (PRK), Seacoast Banking Co. of Florida (SBCF), Veritex (VBTX), First Commonwealth Financial (FCF), WSFS Financial (WSFS), Southside Bancshares (SBSI), First Bancorp (FBNC), Farmers And Merchants Bank of Long Beach (FMBL) and First National Bank Alaska (FBAK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Centerstate Bank investors own include Energy Transfer LP Unit (ET), SunCoke Energy Partners (SXCP), Cornerstone Total Return Fund (CRF), Garrison Capital (GARS), CBL & Associates Properties (CBL), SandRidge Permian Trust (PER), Cornerstone Strategic Value Fund (CLM), Martin Midstream Partners (MMLP), Navios Maritime Midstream Partners (NAP) and Government Properties Income Trust (GOV).

Centerstate Bank's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.89%), Dimensional Fund Advisors LP (2.65%), Macquarie Group Ltd. (2.26%), Lord Abbett & CO. LLC (2.20%), Channing Capital Management LLC (2.00%) and Standard Life Aberdeen plc (1.59%). Company insiders that own Centerstate Bank stock include Charles W Mcpherson, David G Salyers, Ernest S Pinner, George Tierso Nunez II, James H Bingham, Jennifer Idell, Jody Jean Dreyer, John C Corbett, John E Tranter, Michael F Ciferri, 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 Lord Abbett & CO. LLC, Channing Capital Management LLC, PNC Financial Services Group Inc., Bank of New York Mellon Corp, Northpointe Capital LLC, Principal Financial Group Inc., Barclays PLC and Emerald Mutual Fund Advisers Trust. Company insiders that have sold Centerstate Bank company stock in the last year include Ernest S Pinner, 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 Norges Bank, BlackRock Inc., Macquarie Group Ltd., Standard Life Aberdeen plc, Millennium Management LLC, Victory Capital Management Inc., Assenagon Asset Management S.A. and Prudential Financial 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, Michael F Ciferri 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, Scottrade, Fidelity and Charles Schwab.

One share of CSFL stock can currently be purchased for approximately $25.97.

Centerstate Bank has a market capitalization of $2.49 billion and generates $565.76 million in revenue each year. Centerstate Bank employs 2,113 workers across the globe.

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]