State Bank Financial (STBZ) Receiving Somewhat Favorable Media Coverage, Report Shows

Headlines about State Bank Financial (NASDAQ:STBZ) have trended somewhat positive recently, Accern reports. The research group identifies positive and negative 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 negative one to positive one, with scores closest to one being the most favorable. State Bank Financial earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 45.4430453558653 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the media stories that may have impacted Accern’s scoring:

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Shares of State Bank Financial (NASDAQ:STBZ) opened at $30.89 on Friday. The stock has a market capitalization of $1,184.03, a P/E ratio of 25.74, a P/E/G ratio of 1.14 and a beta of 0.98. State Bank Financial has a 1-year low of $24.16 and a 1-year high of $31.75.

State Bank Financial (NASDAQ:STBZ) last announced its quarterly earnings results on Thursday, January 25th. The financial services provider reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.03. The business had revenue of $68.16 million for the quarter, compared to the consensus estimate of $65.00 million. State Bank Financial had a return on equity of 9.26% and a net margin of 18.77%. sell-side analysts anticipate that State Bank Financial will post 2.18 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 13th. Investors of record on Monday, March 5th were issued a $0.20 dividend. This is an increase from State Bank Financial’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Friday, March 2nd. This represents a $0.80 annualized dividend and a dividend yield of 2.59%. State Bank Financial’s dividend payout ratio (DPR) is 66.67%.

Several research analysts have recently commented on the company. Gabelli lowered State Bank Financial from a “buy” rating to a “hold” rating in a research report on Thursday, November 30th. Zacks Investment Research raised State Bank Financial from a “sell” rating to a “hold” rating in a report on Thursday, January 11th. BidaskClub raised State Bank Financial from a “sell” rating to a “hold” rating in a report on Saturday, February 3rd. SunTrust Banks reissued a “buy” rating and issued a $38.00 price target on shares of State Bank Financial in a report on Tuesday, January 9th. Finally, Stephens reissued a “hold” rating and issued a $32.00 price target on shares of State Bank Financial in a report on Friday, January 26th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. State Bank Financial currently has a consensus rating of “Hold” and an average target price of $34.00.

In related news, CFO Sheila Ray purchased 3,300 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The shares were acquired at an average price of $29.50 per share, with a total value of $97,350.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 4.65% of the company’s stock.

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About State Bank Financial

State Bank Financial Corporation is a bank holding company for State Bank and Trust Company (the Bank). The Bank is a Georgia-based state-chartered bank. The Company offers community banking services to individuals and businesses. Its product line includes loans to small and medium-sized businesses, residential and commercial construction and development loans, commercial real estate loans, farmland and agricultural production loans, residential mortgage loans, home equity loans, and consumer loans.

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