Equities research analysts expect State Bank Financial Corporation. (NASDAQ:STBZ) to report $55.87 million in sales for the current quarter, Zacks reports. Three analysts have provided estimates for State Bank Financial Corporation.’s earnings. The lowest sales estimate is $55.30 million and the highest is $56.40 million. State Bank Financial Corporation. posted sales of $47.89 million during the same quarter last year, which suggests a positive year-over-year growth rate of 16.7%. The business is scheduled to issue its next earnings results on Thursday, October 26th.

According to Zacks, analysts expect that State Bank Financial Corporation. will report full-year sales of $55.87 million for the current financial year, with estimates ranging from $219.30 million to $228.90 million. For the next year, analysts expect that the company will report sales of $276.27 million per share, with estimates ranging from $268.60 million to $285.30 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that follow State Bank Financial Corporation..

State Bank Financial Corporation. (NASDAQ:STBZ) last issued its quarterly earnings data on Thursday, July 27th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.03. State Bank Financial Corporation. had a return on equity of 8.40% and a net margin of 22.61%. The business had revenue of $56.95 million for the quarter, compared to the consensus estimate of $54.83 million.

A number of equities analysts recently weighed in on STBZ shares. Zacks Investment Research raised shares of State Bank Financial Corporation. from a “hold” rating to a “buy” rating and set a $30.00 target price for the company in a research note on Tuesday, May 2nd. Keefe, Bruyette & Woods reissued a “hold” rating and set a $30.00 target price on shares of State Bank Financial Corporation. in a research note on Sunday, June 18th. Stephens reissued a “hold” rating on shares of State Bank Financial Corporation. in a research note on Thursday, April 27th. Finally, BidaskClub downgraded shares of State Bank Financial Corporation. from a “hold” rating to a “sell” rating in a research note on Thursday, June 22nd. One analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $28.63.

Shares of State Bank Financial Corporation. (NASDAQ STBZ) traded down 1.31% during mid-day trading on Friday, hitting $26.36. The stock had a trading volume of 102,045 shares. State Bank Financial Corporation. has a 12-month low of $21.15 and a 12-month high of $28.38. The company has a 50 day moving average price of $27.08 and a 200 day moving average price of $26.54. The firm has a market cap of $998.94 million, a P/E ratio of 20.25 and a beta of 0.97.

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A number of institutional investors have recently made changes to their positions in STBZ. Vanguard Group Inc. increased its position in shares of State Bank Financial Corporation. by 3.1% in the second quarter. Vanguard Group Inc. now owns 2,942,590 shares of the financial services provider’s stock worth $79,802,000 after buying an additional 87,800 shares in the last quarter. RE Advisers Corp increased its position in shares of State Bank Financial Corporation. by 6.0% in the second quarter. RE Advisers Corp now owns 1,650,721 shares of the financial services provider’s stock worth $44,768,000 after buying an additional 93,500 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of State Bank Financial Corporation. by 1.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,339,565 shares of the financial services provider’s stock worth $34,989,000 after buying an additional 23,539 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of State Bank Financial Corporation. by 40.5% in the first quarter. Victory Capital Management Inc. now owns 1,286,927 shares of the financial services provider’s stock worth $33,614,000 after buying an additional 370,940 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of State Bank Financial Corporation. by 7.1% in the second quarter. Dimensional Fund Advisors LP now owns 1,103,862 shares of the financial services provider’s stock worth $29,937,000 after buying an additional 73,472 shares in the last quarter. 77.66% of the stock is owned by institutional investors and hedge funds.

About State Bank Financial Corporation.

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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Earnings History and Estimates for State Bank Financial Corporation. (NASDAQ:STBZ)

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