NASDAQ:SPFI South Plains Financial (SPFI) Stock Price, News & Analysis → How to Make 100X on the AI Boom (From InvestorPlace) (Ad) Free SPFI Stock Alerts $27.00 +0.01 (+0.04%) (As of 05/15/2024 ET) Add Compare Share Share Today's Range$26.86▼$27.0450-Day Range$24.52▼$27.8852-Week Range$20.21▼$30.22Volume28,665 shsAverage Volume27,136 shsMarket Capitalization$443.31 millionP/E Ratio7.22Dividend Yield2.07%Price Target$31.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get South Plains Financial alerts: Email Address South Plains Financial MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside14.8% Upside$31.00 Price TargetShort InterestHealthy0.39% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.00Based on 3 Articles This WeekInsider TradingSelling Shares$3.73 M Sold Last QuarterProj. Earnings Growth7.95%From $2.39 to $2.58 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.03 out of 5 starsFinance Sector304th out of 881 stocksState Commercial Banks Industry72nd out of 179 stocks 2.5 Analyst's Opinion Consensus RatingSouth Plains Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageSouth Plains Financial has only been the subject of 1 research reports in the past 90 days.Read more about South Plains Financial's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.39% of the float of South Plains Financial has been sold short.Short Interest Ratio / Days to CoverSouth Plains Financial has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in South Plains Financial has recently increased by 11.82%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend YieldSouth Plains Financial pays a meaningful dividend of 2.02%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSouth Plains Financial has been increasing its dividend for 5 years.Dividend CoverageThe dividend payout ratio of South Plains Financial is 14.97%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, South Plains Financial will have a dividend payout ratio of 21.71% next year. This indicates that South Plains Financial will be able to sustain or increase its dividend.Read more about South Plains Financial's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SPFI. Previous Next 2.8 News and Social Media Coverage News SentimentSouth Plains Financial has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for South Plains Financial this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for SPFI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, South Plains Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,725,000.00 in company stock.Percentage Held by Insiders25.39% of the stock of South Plains Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions54.95% of the stock of South Plains Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about South Plains Financial's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for South Plains Financial are expected to grow by 7.95% in the coming year, from $2.39 to $2.58 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of South Plains Financial is 7.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.16.Price to Earnings Ratio vs. SectorThe P/E ratio of South Plains Financial is 7.22, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.79.Price to Book Value per Share RatioSouth Plains Financial has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about South Plains Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsHow to Play the AI and Crypto Markets in One SwingI’ve developed a system that’s helped me find huge winners in the past. Now my system has alerted me to the next four altcoins that could be the next superstars.Click here to find out who they are. About South Plains Financial Stock (NASDAQ:SPFI)South Plains Financial, Inc. operates as a bank holding company for City Bank that provides commercial and consumer financial services to small and medium-sized businesses and individuals. The company operates through two segments, Banking and Insurance. It offers deposit products, including demand deposit accounts, interest-bearing products, savings accounts, and certificate of deposits. The company also provides commercial real estate loans; general and specialized commercial loans, including agricultural production and real estate, energy, finance, investment, and insurance loans, as well as loans to goods, services, restaurant and retail, construction, and other industries; residential construction loans; and 1-4 family residential loans, auto loans, and other loans for recreational vehicles or other purposes. In addition, it offers crop insurance products; trust products and services; investment services; mortgage banking services; online and mobile banking services; and debit and credit cards. The company was founded in 1941 and is headquartered in Lubbock, Texas.Read More SPFI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SPFI Stock News HeadlinesMay 9, 2024 | finance.yahoo.comSouth Plains Financial First Quarter 2024 Earnings: Beats ExpectationsMay 8, 2024 | finance.yahoo.comDirector Noe Valles Acquires 40,000 Shares of South Plains Financial Inc (SPFI)April 28, 2024 | finance.yahoo.comSouth Plains Financial, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsApril 26, 2024 | finance.yahoo.comSouth Plains Financial Inc (SPFI) (Q1 2024) Earnings Call Transcript Highlights: Key Financial ...April 26, 2024 | finance.yahoo.comQ1 2024 South Plains Financial Inc Earnings CallApril 25, 2024 | msn.comSPFI Stock Earnings: South Plains Financial Beats EPS, Beats Revenue for Q1 2024April 25, 2024 | globenewswire.comSouth Plains Financial, Inc. Reports First Quarter 2024 Financial ResultsApril 20, 2024 | investing.comSouth Plains Financial increases dividend by 8%April 18, 2024 | globenewswire.comSouth Plains Financial, Inc. Announces 8% Increase to Quarterly Cash DividendApril 11, 2024 | globenewswire.comSouth Plains Financial, Inc. Announces First Quarter 2024 Earnings CallMarch 13, 2024 | globenewswire.comSouth Plains Financial, Inc. Publishes 2023 Community Impact ReportMarch 2, 2024 | finance.yahoo.comSouth Plains Financial Independent Director Acquires 26% More StockFebruary 26, 2024 | globenewswire.comSouth Plains Financial, Inc. Announces Stock Repurchase ProgramFebruary 21, 2024 | benzinga.comSouth Plains Financial Stock (NASDAQ:SPFI) Earnings Dates and Earning CallsFebruary 12, 2024 | benzinga.comEmpowering Shareholders with Growth: South Plains Financial Enhances Performance and Reports Rising ProfitsFebruary 6, 2024 | ca.finance.yahoo.comSPFI Feb 2024 40.000 callJanuary 27, 2024 | finance.yahoo.comQ4 2023 South Plains Financial Inc Earnings CallJanuary 27, 2024 | finance.yahoo.comSouth Plains Financial Full Year 2023 Earnings: Revenues Beat Expectations, EPS In LineJanuary 27, 2024 | finance.yahoo.comSouth Plains Financial, Inc. (NASDAQ:SPFI) Q4 2023 Earnings Call TranscriptJanuary 26, 2024 | finance.yahoo.comSouth Plains Financial, Inc. Reports Fourth Quarter and Year-End 2023 Financial ResultsJanuary 26, 2024 | finance.yahoo.comSouth Plains Financial Inc. Reports Mixed Results Amid Economic ChallengesJanuary 26, 2024 | finance.yahoo.comCompared to Estimates, South Plains Financial (SPFI) Q4 Earnings: A Look at Key MetricsJanuary 25, 2024 | benzinga.comA Preview Of South Plains Financial's EarningsJanuary 23, 2024 | finance.yahoo.comCountdown to South Plains Financial (SPFI) Q4 Earnings: A Look at Estimates Beyond Revenue and EPSJanuary 23, 2024 | benzinga.comSouth Plains Financial: Dividend InsightsSee More Headlines Receive SPFI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for South Plains Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings1/26/2024Ex-Dividend for 5/13 Dividend4/26/2024Ex-Dividend for 5/13 Dividend4/26/2024Dividend Payable5/13/2024Dividend Payable5/13/2024Today5/15/2024Next Earnings (Estimated)7/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryN/A Current SymbolNASDAQ:SPFI CUSIPN/A CIK1163668 Webwww.spfi.bank Phone(806) 792-7101FaxN/AEmployees547Year FoundedN/APrice Target and Rating Average Stock Price Target$31.00 High Stock Price Target$32.00 Low Stock Price Target$30.00 Potential Upside/Downside+14.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$3.74 Trailing P/E Ratio7.22 Forward P/E Ratio11.29 P/E GrowthN/ANet Income$62.74 million Net Margins21.23% Pretax Margin26.97% Return on Equity11.19% Return on Assets1.05% Debt Debt-to-Equity Ratio0.27 Current Ratio0.91 Quick Ratio0.91 Sales & Book Value Annual Sales$177.96 million Price / Sales2.49 Cash Flow$2.33 per share Price / Cash Flow11.57 Book Value$24.89 per share Price / Book1.08Miscellaneous Outstanding Shares16,419,000Free Float12,250,000Market Cap$443.15 million OptionableOptionable Beta0.56 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Curtis C. Griffith (Age 71)Chairman & CEO Comp: $888.33kMr. Cory T. Newsom (Age 56)President & Director Comp: $1.39MMr. Steven B. Crockett (Age 52)CFO & Treasurer Comp: $702.46kMs. Mikella D. Newsom (Age 50)Chief Risk Officer & Secretary Mr. Kelly L. Deterding (Age 65)President of Windmark Insurance & Senior VP of Insurance Development of City Bank Comp: $642.35kKey CompetitorsFirst FinancialNASDAQ:THFFCapital City Bank GroupNASDAQ:CCBGWashington Trust BancorpNASDAQ:WASHCNB FinancialNASDAQ:CCNEFarmers National BancNASDAQ:FMNBView All CompetitorsInsiders & InstitutionsKeeley Teton Advisors LLCSold 3,430 shares on 5/15/2024Ownership: 0.812%Vanguard Group Inc.Bought 12,196 shares on 5/10/2024Ownership: 3.299%Acadian Asset Management LLCBought 7,562 shares on 5/10/2024Ownership: 1.273%Rosenthal Henry Capital Advisors Inc.Sold 1,700 shares on 5/8/2024Ownership: 0.503%SG Americas Securities LLCSold 2,349 shares on 5/7/2024Ownership: 0.026%View All Insider TransactionsView All Institutional Transactions SPFI Stock Analysis - Frequently Asked Questions Should I buy or sell South Plains Financial stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for South Plains Financial in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SPFI shares. View SPFI analyst ratings or view top-rated stocks. What is South Plains Financial's stock price target for 2024? 2 Wall Street analysts have issued twelve-month target prices for South Plains Financial's shares. Their SPFI share price targets range from $30.00 to $32.00. On average, they anticipate the company's share price to reach $31.00 in the next twelve months. This suggests a possible upside of 14.8% from the stock's current price. View analysts price targets for SPFI or view top-rated stocks among Wall Street analysts. How have SPFI shares performed in 2024? South Plains Financial's stock was trading at $28.96 at the beginning of the year. Since then, SPFI stock has decreased by 6.8% and is now trading at $27.00. View the best growth stocks for 2024 here. When is South Plains Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024. View our SPFI earnings forecast. How were South Plains Financial's earnings last quarter? South Plains Financial, Inc. (NASDAQ:SPFI) announced its quarterly earnings results on Friday, January, 26th. The company reported $0.61 EPS for the quarter, missing analysts' consensus estimates of $0.65 by $0.04. The business earned $66.38 million during the quarter, compared to the consensus estimate of $47.25 million. South Plains Financial had a net margin of 21.23% and a trailing twelve-month return on equity of 11.19%. During the same period in the prior year, the firm earned $0.71 EPS. How often does South Plains Financial pay dividends? What is the dividend yield for South Plains Financial? South Plains Financial announced a quarterly dividend on Thursday, April 18th. Investors of record on Monday, April 29th will be given a dividend of $0.14 per share on Monday, May 13th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date is Friday, April 26th. Read our dividend analysis for SPFI. Is South Plains Financial a good dividend stock? South Plains Financial (NASDAQ:SPFI) pays an annual dividend of $0.56 per share and currently has a dividend yield of 2.02%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 14.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SPFI will have a dividend payout ratio of 21.71% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SPFI. What is Cory Newsom's approval rating as South Plains Financial's CEO? 15 employees have rated South Plains Financial Chief Executive Officer Cory Newsom on Glassdoor.com. Cory Newsom has an approval rating of 76% among the company's employees. What other stocks do shareholders of South Plains Financial own? Based on aggregate information from My MarketBeat watchlists, some companies that other South Plains Financial investors own include Main Street Capital (MAIN), Boeing (BA), General Motors (GM), NVIDIA (NVDA), Overstock.com (OSTK), Pure Storage (PSTG), Riot Platforms (RIOT), CalAmp (CAMP), Delphi Technologies (DLPH) and DocuSign (DOCU). When did South Plains Financial IPO? South Plains Financial (SPFI) raised $63 million in an IPO on Thursday, May 9th 2019. The company issued 3,400,000 shares at a price of $17.50-$19.50 per share. Keefe, Bruyette & Woods (A Stifel Company) and Sandler O’Neill + Partners acted as the underwriters for the IPO. Who are South Plains Financial's major shareholders? South Plains Financial's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (3.30%), Acadian Asset Management LLC (1.27%), Keeley Teton Advisors LLC (0.81%), Venturi Wealth Management LLC (0.59%), Empowered Funds LLC (0.58%) and Rosenthal Henry Capital Advisors Inc. (0.50%). Insiders that own company stock include Cory T Newsom, Curtis C Griffith, Noe G Valles and Richard D Campbell. View institutional ownership trends. How do I buy shares of South Plains Financial? Shares of SPFI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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