Headlines about State Bank Financial (NASDAQ:STBZ) have trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. State Bank Financial earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 45.5619280059114 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news stories that may have impacted Accern’s scoring:
- Edited Transcript of STBZ earnings conference call or presentation 26-Apr-18 3:00pm GMT (finance.yahoo.com)
- State Bank Financial’s (STBZ) CEO Tom Wiley on Q1 2018 Results – Earnings Call Transcript (seekingalpha.com)
- FIG Partners Reaffirms Outperform Rating for State Bank Financial (STBZ) (americanbankingnews.com)
- State Bank Financial: 1Q Earnings Snapshot (finance.yahoo.com)
- State Bank Financial (STBZ) Issues Earnings Results (americanbankingnews.com)
Shares of NASDAQ STBZ opened at $31.51 on Tuesday. State Bank Financial has a 52 week low of $24.90 and a 52 week high of $32.54. The stock has a market capitalization of $1,241.31, a P/E ratio of 21.58, a P/E/G ratio of 1.19 and a beta of 0.93.
State Bank Financial (NASDAQ:STBZ) last announced its quarterly earnings data on Thursday, April 26th. The financial services provider reported $0.44 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.48 by ($0.04). The company had revenue of $65.32 million during the quarter, compared to analyst estimates of $65.25 million. State Bank Financial had a net margin of 19.79% and a return on equity of 9.81%. research analysts forecast that State Bank Financial will post 2.18 EPS for the current fiscal year.
STBZ has been the topic of several analyst reports. Zacks Investment Research downgraded shares of State Bank Financial from a “hold” rating to a “sell” rating in a report on Friday, January 5th. Hovde Group reiterated a “hold” rating on shares of State Bank Financial in a research note on Tuesday, February 6th. Stephens reiterated a “hold” rating and issued a $32.00 price objective on shares of State Bank Financial in a research note on Friday, January 26th. SunTrust Banks reiterated a “buy” rating and issued a $38.00 price objective on shares of State Bank Financial in a research note on Tuesday, January 9th. Finally, BidaskClub cut shares of State Bank Financial from a “hold” rating to a “sell” rating in a research note on Friday, January 26th. Four research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $34.00.
In other State Bank Financial news, CFO Sheila Ray bought 3,300 shares of the business’s stock in a transaction on Wednesday, February 28th. The stock was bought at an average price of $29.50 per share, for a total transaction of $97,350.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 4.43% of the company’s stock.
State Bank Financial Company Profile
State Bank Financial Corporation operates as the bank holding company for State Bank and Trust Company that provides various community banking services to individuals and businesses. The company's deposit products and services include checking, commercial operating, savings and money market, and individual retirement accounts, as well as short- to longer-term certificates of deposit, commercial and consumer demand deposit, and savings and time deposit products.