Wall Street analysts expect State Bank Financial Corporation. (NASDAQ:STBZ) to announce $65.00 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for State Bank Financial Corporation.’s earnings. The lowest sales estimate is $62.90 million and the highest is $67.10 million. State Bank Financial Corporation. reported sales of $49.06 million in the same quarter last year, which would suggest a positive year over year growth rate of 32.5%. The business is scheduled to issue its next earnings results on Thursday, January 25th.

According to Zacks, analysts expect that State Bank Financial Corporation. will report full year sales of $65.00 million for the current financial year, with estimates ranging from $227.30 million to $232.00 million. For the next year, analysts expect that the company will post sales of $275.10 million per share, with estimates ranging from $268.30 million to $284.30 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that follow State Bank Financial Corporation..

State Bank Financial Corporation. (NASDAQ:STBZ) last issued its earnings results on Thursday, October 26th. The financial services provider reported $0.37 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.01. State Bank Financial Corporation. had a net margin of 22.79% and a return on equity of 8.44%. The company had revenue of $54.01 million for the quarter, compared to the consensus estimate of $56.15 million.

Several research analysts recently issued reports on STBZ shares. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $30.00 price target on shares of State Bank Financial Corporation. in a research report on Thursday, July 27th. Zacks Investment Research upgraded shares of State Bank Financial Corporation. from a “sell” rating to a “hold” rating in a research report on Tuesday, October 31st. Finally, BidaskClub upgraded shares of State Bank Financial Corporation. from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 26th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $30.00.

In other State Bank Financial Corporation. news, EVP David Caulkins Brown sold 1,500 shares of the business’s stock in a transaction dated Monday, August 21st. The stock was sold at an average price of $26.10, for a total transaction of $39,150.00. Following the completion of the sale, the executive vice president now directly owns 53,291 shares of the company’s stock, valued at approximately $1,390,895.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Bradford L. Watkins sold 930 shares of the business’s stock in a transaction dated Thursday, August 31st. The stock was sold at an average price of $27.09, for a total value of $25,193.70. Following the sale, the insider now directly owns 73,500 shares of the company’s stock, valued at $1,991,115. The disclosure for this sale can be found here. Insiders have sold a total of 3,430 shares of company stock valued at $91,484 over the last three months. Company insiders own 4.65% of the company’s stock.

Several hedge funds have recently made changes to their positions in STBZ. BNP Paribas Arbitrage SA increased its stake in shares of State Bank Financial Corporation. by 459.6% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,538 shares of the financial services provider’s stock valued at $123,000 after acquiring an additional 3,727 shares during the last quarter. US Bancorp DE increased its stake in shares of State Bank Financial Corporation. by 5.1% in the 2nd quarter. US Bancorp DE now owns 5,200 shares of the financial services provider’s stock valued at $141,000 after acquiring an additional 252 shares during the last quarter. Sei Investments Co. increased its stake in shares of State Bank Financial Corporation. by 46.0% in the 2nd quarter. Sei Investments Co. now owns 5,648 shares of the financial services provider’s stock valued at $153,000 after acquiring an additional 1,779 shares during the last quarter. Cubist Systematic Strategies LLC bought a new stake in shares of State Bank Financial Corporation. in the 2nd quarter valued at about $204,000. Finally, Gratus Capital LLC bought a new stake in shares of State Bank Financial Corporation. in the 2nd quarter valued at about $206,000. 77.26% of the stock is owned by institutional investors.

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State Bank Financial Corporation. (NASDAQ STBZ) opened at $28.41 on Tuesday. The stock has a market cap of $1,097.23, a PE ratio of 20.39, a P/E/G ratio of 1.53 and a beta of 0.94. State Bank Financial Corporation. has a 52-week low of $23.48 and a 52-week high of $29.70.

State Bank Financial Corporation. Company Profile

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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