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NASDAQ:CSFLCenterstate Bank Stock Price, Forecast & News

$18.14
+0.81 (+4.67 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$18.04
Now: $18.14
$19.97
50-Day Range
$13.04
MA: $15.30
$18.29
52-Week Range
$12.10
Now: $18.14
$26.79
Volume4.70 million shs
Average Volume705,976 shs
Market Capitalization$2.25 billion
P/E Ratio10.73
Dividend Yield3.23%
Beta0.9
CenterState 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. The company accepts various deposit products, such as savings, demand, negotiable order of withdrawal, and money market deposit accounts, as well as certificates of deposit and time deposits. Its loan products include 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. The company's loan products also comprise commercial loans to small-to-medium sized businesses for working capital, equipment purchases, and various other business purposes; and consumer loans consisting of loans to individuals for various consumer purposes, as well as business purpose loans. It also offers mutual funds, annuities, and other investment products. In addition, 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, 2018, it operated 126 full service banking offices throughout Florida, Georgia, and Alabama; 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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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.05 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$851.39 million
Cash Flow$1.88 per share
Book Value$23.14 per share

Profitability

Net Income$225.40 million

Miscellaneous

Employees2,756
Market Cap$2.25 billion
Next Earnings Date7/28/2020 (Estimated)
OptionableOptionable

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Centerstate Bank (NASDAQ:CSFL) Frequently Asked Questions

How has Centerstate Bank's stock been impacted by COVID-19 (Coronavirus)?

Centerstate Bank's stock was trading at $16.98 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CSFL stock has increased by 6.8% and is now trading at $18.14. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Centerstate Bank's next earnings date?

Centerstate Bank is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Centerstate Bank.

How were Centerstate Bank's earnings last quarter?

Centerstate Bank Corp (NASDAQ:CSFL) announced its earnings results on Thursday, April, 23rd. The financial services provider reported $0.28 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.42 by $0.14. The financial services provider had revenue of $209.14 million for the quarter, compared to analyst estimates of $194.73 million. Centerstate Bank had a net margin of 23.43% and a return on equity of 8.41%. View Centerstate Bank's earnings history.

How often does Centerstate Bank pay dividends? What is the dividend yield for Centerstate Bank?

Centerstate Bank announced a quarterly dividend on Thursday, April 23rd. Shareholders of record on Friday, May 8th will be paid a dividend of $0.14 per share on Friday, May 15th. This represents a $0.56 annualized dividend and a dividend yield of 3.09%. The ex-dividend date of this dividend is Thursday, May 7th. View Centerstate Bank's dividend history.

What price target have analysts set for CSFL?

3 brokerages have issued 1-year price objectives for Centerstate Bank's shares. Their forecasts range from $24.50 to $25.50. On average, they expect Centerstate Bank's stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 37.8% from the stock's current price. View analysts' price targets for Centerstate Bank.

Has Centerstate Bank been receiving favorable news coverage?

Headlines about CSFL stock have been trending positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Centerstate Bank earned a news sentiment score of 2.4 on InfoTrie's scale. They also assigned media 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 effect on the stock's share price in the near term. View the latest news aboutCenterstate Bank.

Are investors shorting Centerstate Bank?

Centerstate Bank saw a decrease in short interest in May. As of May 15th, there was short interest totaling 1,520,000 shares, a decrease of 9.0% from the April 30th total of 1,670,000 shares. Based on an average trading volume of 778,900 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.3% of the company's shares are sold short. View Centerstate Bank's Current Options Chain.

Who are some of Centerstate Bank's key competitors?

What other stocks do shareholders of Centerstate Bank own?

Who are Centerstate Bank's key executives?

Centerstate Bank's management team includes the following people:
  • Mr. Ernest S. Pinner, Exec. Chairman (Age 72)
  • Mr. John C. Corbett, Pres, CEO & Director (Age 50)
  • Mr. Stephen Dean Young, Exec. VP & COO (Age 42)
  • Ms. Jennifer L. Idell, Exec. VP & Chief Admin. Officer (Age 44)
  • Mr. William E. Matthews V, Chief Financial Officer (Age 54)

What is Centerstate Bank's stock symbol?

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

Who are Centerstate Bank's major shareholders?

Centerstate Bank's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.47%), State Street Corp (2.74%), ARP Americas LP (2.57%), Capital International Investors (2.15%), Schroder Investment Management Group (1.75%) and Franklin Resources Inc. (1.72%). Company insiders that own Centerstate Bank stock include Beth S Desimone, Charles W Mcpherson, Daniel E Bockhorst, 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.

Which institutional investors are selling Centerstate Bank stock?

CSFL stock was sold by a variety of institutional investors in the last quarter, including Emerald Advisers LLC, Banc Funds Co. LLC, Capital International Investors, Advisory Research Inc., New York State Common Retirement Fund, Rothschild & Co. Asset Management US Inc., Fenimore Asset Management Inc., and State Street Corp. View insider buying and selling activity for Centerstate Bank.

Which institutional investors are buying Centerstate Bank stock?

CSFL stock was purchased by a variety of institutional investors in the last quarter, including ARP Americas LP, CNH Partners LLC, IndexIQ Advisors LLC, Alpine Associates Management Inc., Balyasny Asset Management LLC, SG Americas Securities LLC, First Trust Advisors LP, and Geode Capital Management LLC. Company insiders that have bought Centerstate Bank stock in the last two years include Beth S Desimone, Charles W Mcpherson, Daniel E Bockhorst, 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 activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Centerstate Bank's stock price today?

One share of CSFL stock can currently be purchased for approximately $18.14.

How big of a company is Centerstate Bank?

Centerstate Bank has a market capitalization of $2.25 billion and generates $851.39 million in revenue each year. The financial services provider earns $225.40 million in net income (profit) each year or $2.13 on an earnings per share basis. Centerstate Bank employs 2,756 workers across the globe.

What is Centerstate Bank's official website?

The official website for Centerstate Bank is www.centerstatebank.com.

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]

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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