Southside Bancshares, Inc. (NYSE:SBSI) Stock Now Rated "Hold" by Sell-Side Analysts

Key Points

• Analysts maintain a “Hold” consensus on Southside Bancshares, with five hold ratings and one buy. The average 12-month price target is $34.75 versus the reported share price of $33.65.
• Southside exceeded third-quarter expectations, reporting $0.93 in EPS versus the $0.79 consensus and $76.14 million in revenue versus $72.67 million expected. The company also increased its quarterly dividend to $0.37, providing a 4.4% annualized yield.
• The outlook is mixed: roughly 55% of loans are expected to reprice within 90 days, potentially supporting net interest income, but management reduced its 2026 loan-growth forecast to the low-to-mid single-digit range.

Southside Bancshares, Inc. (NYSE:SBSI - Get Free Report) has received a consensus recommendation of "Hold" from the six brokerages that are covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12-month target price among brokers that have covered the stock in the last year is $34.75.

A number of brokerages have commented on SBSI. Wall Street Zen raised shares of Southside Bancshares from a "hold" rating to a "buy" rating in a research report on Saturday. Keefe, Bruyette & Woods lowered their price objective on Southside Bancshares from $37.00 to $35.00 and set a "market perform" rating for the company in a research report on Monday, August 3rd. Stephens set a $37.00 price objective on Southside Bancshares in a research note on Monday, July 27th. Weiss Ratings upgraded Southside Bancshares from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday. Finally, Zacks Research upgraded Southside Bancshares from a "strong sell" rating to a "hold" rating in a research report on Thursday, September 24th.

Southside Bancshares Stock Up 1.1%

Shares of NYSE SBSI opened at $33.65 on Friday. The company's 50 day moving average price is $31.38 and its 200-day moving average price is $32.39. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.74 and a current ratio of 0.89. Southside Bancshares has a 52-week low of $27.59 and a 52-week high of $36.20. The company has a market capitalization of $1.00 billion, a P/E ratio of 10.17 and a beta of 0.61.

Southside Bancshares (NYSE:SBSI - Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.14. Southside Bancshares had a net margin of 21.48% and a return on equity of 11.58%. The company had revenue of $76.14 million during the quarter, compared to analysts' expectations of $72.67 million. Equities analysts forecast that Southside Bancshares will post 3.45 earnings per share for the current year.

Southside Bancshares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th were paid a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 4.4%. This is a boost from Southside Bancshares's previous quarterly dividend of $0.36. The ex-dividend date of this dividend was Thursday, August 20th. Southside Bancshares's payout ratio is presently 44.71%.

Key Headlines Impacting Southside Bancshares

Here are the key news stories impacting Southside Bancshares this week:

• Positive Sentiment: Quarterly earnings exceeded expectations. Southside reported diluted EPS of $0.93, up from $0.80 a year earlier and $0.14 above the $0.79 consensus estimate. Revenue was approximately $74.0 million to $76.1 million, exceeding the roughly $72.7 million analyst forecast. Southside Bancshares Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Profitability remained solid. Management highlighted a 1.27% return on average assets and a 16.31% return on average tangible common equity. The company also reported an 11.16% return on equity and a 16.70% net margin, supporting the view that operating performance remains healthy. Southside Bancshares Announces Third-Quarter Financial Results
• Positive Sentiment: Near-term repricing could support net interest income. Approximately 55% of the loan portfolio is expected to reprice within 90 days, potentially allowing Southside to benefit if lending yields remain favorable or interest-rate conditions improve. Southside Moderates 2026 Loan Growth Outlook
• Neutral Sentiment: The earnings call emphasized strong quarterly execution and profitability, but investors will focus on whether these results can continue amid changing rates and a slower-growth banking environment. Southside Bancshares Q3 2026 Earnings Call Transcript
• Negative Sentiment: Loan-growth expectations were reduced. Southside moderated its 2026 loan-growth outlook to the low-to-mid single-digit range, signaling softer demand or a more cautious underwriting stance and limiting a potential source of balance-sheet expansion. Southside Moderates 2026 Loan Growth Outlook

Hedge Funds Weigh In On Southside Bancshares

A number of institutional investors and hedge funds have recently modified their holdings of the business. Vise Technologies Inc. acquired a new stake in shares of Southside Bancshares in the 3rd quarter valued at about $220,000. Pinnacle Associates Ltd. increased its position in Southside Bancshares by 4.4% in the 3rd quarter. Pinnacle Associates Ltd. now owns 43,398 shares of the company's stock valued at $1,305,000 after buying an additional 1,824 shares in the last quarter. Nisa Investment Advisors LLC increased its position in Southside Bancshares by 14.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 2,723 shares of the company's stock valued at $82,000 after buying an additional 341 shares in the last quarter. Fortitude Family Office LLC bought a new stake in Southside Bancshares in the 3rd quarter valued at about $30,000. Finally, Bill Few Associates Inc. raised its stake in Southside Bancshares by 4.6% during the 3rd quarter. Bill Few Associates Inc. now owns 10,926 shares of the company's stock worth $329,000 after buying an additional 482 shares during the period. 55.70% of the stock is currently owned by institutional investors.

Southside Bancshares Company Profile

Southside Bancshares, Inc is a Texas-based financial holding company and the parent company of Southside Bank. Founded in 1960 and headquartered in Tyler, Texas, the company provides banking and financial services to individuals, businesses, and institutions.

Southside Bank offers a range of deposit products, including checking, savings, money market, and certificate of deposit accounts. Its lending activities include residential and commercial real estate loans, construction financing, commercial and industrial loans, consumer loans, and other forms of business credit.

The bank also provides treasury management, online and mobile banking, wealth management, trust and fiduciary services, and other financial solutions.

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