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. Investors 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 2.35%. 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) released its quarterly earnings data on Tuesday, October, 22nd. The financial services provider reported $0.53 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.50 by $0.03. The financial services provider earned $203.44 million during the quarter, compared to analysts' expectations of $195.30 million. Centerstate Bank had a return on equity of 9.63% and a net margin of 26.20%. View Centerstate Bank's Earnings History.

Centerstate Bank is scheduled to release their next quarterly earnings announcement on Monday, January 27th 2020. View Earnings Estimates for Centerstate Bank.

Centerstate Bank will be holding an earnings conference call on Monday, January 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 analysts have issued 1-year target prices for Centerstate Bank's shares. 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 twelve months. This suggests a possible upside of 5.8% 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 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Centerstate Bank.

News coverage about CSFL stock has been trending somewhat negative recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Centerstate Bank earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 0.0 out of 10, indicating 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 drop in short interest in December. As of December 31st, there was short interest totalling 2,070,000 shares, a drop of 27.4% from the December 15th total of 2,850,000 shares. Based on an average trading volume of 491,100 shares, the days-to-cover ratio is currently 4.2 days. Approximately 1.7% 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), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), TCF Financial (TCF) and East West Bancorp (EWBC).

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 a variety of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.23%), Arlington Partners LLC (0.15%), First National Bank of Omaha (0.08%), Red Spruce Capital LLC (0.05%), Sciencast Management LP (0.02%) and Advisors Capital Management LLC (0.01%). 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 Arlington Partners LLC, Evanson Asset Management LLC, First National Bank of Omaha and Leavell Investment Management Inc.. 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 Red Spruce Capital LLC, Peregrine Capital Management 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 $23.87.

Centerstate Bank has a market capitalization of $2.99 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]