CenterState Banks, Inc. (NASDAQ:CSFL) Updates On Dividend Release Date


On 2016-05-06, CenterState Banks, Inc. (NASDAQ:CSFL) confirmed the dividend disbursement of $0.04 a share to shareholders as on record 2016-06-15. The firm will release dividend on 2016-06-30 while ex-dividend date is reported to be 2016-06-13.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, CenterState Banks, Inc. (NASDAQ:CSFL) paid a total of $0.04 per share in dividends. This figure stood at $0.04 a share in the same period a year ago indicating a deviation of 75%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $18 on the stock. This figure is the average of recommendations offered by 3 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $18 and $18, respectively.

Taking the mathematical rating formula, the price for CenterState Banks, Inc. (NASDAQ:CSFL) stands at 2.75. Earnings Review CenterState Banks, Inc. (NASDAQ:CSFL) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-01. For the period ending on 2016-09-30, experts are expecting EPS of $0.3.

Coming to the quarter ending on 2015-12-31, CenterState Banks, Inc. (NASDAQ:CSFL) recorded EPS of $0.32. The reported numbers came lower than the analysts’ estimates of $0.27, demonstrating a miss of $0.05 as against reported figures.

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