Research Analysts Issue Forecasts for SouthState Q3 Earnings

Key Points

• DA Davidson has forecasted SouthState's Q3 2025 earnings to be $2.25 per share with a current price target of $117.00 and a "Buy" rating for the stock.
• The company recently reported a quarterly dividend increase to $0.60 per share, reflecting a yield of 2.46%, which is up from the previous dividend of $0.54.
• In the latest earnings results, SouthState outperformed estimates by reporting $2.30 EPS compared to the consensus estimate of $1.98, along with significant revenue of $840.50 million for the quarter.

SouthState Co. (NASDAQ:SSB - Free Report) - Investment analysts at DA Davidson issued their Q3 2025 earnings per share (EPS) estimates for SouthState in a report released on Monday, July 28th. DA Davidson analyst G. Tenner anticipates that the bank will post earnings per share of $2.25 for the quarter. DA Davidson currently has a "Buy" rating and a $117.00 target price on the stock. The consensus estimate for SouthState's current full-year earnings is $8.12 per share. DA Davidson also issued estimates for SouthState's FY2025 earnings at $8.35 EPS and FY2026 earnings at $9.37 EPS.

SouthState (NASDAQ:SSB - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The bank reported $2.30 EPS for the quarter, topping analysts' consensus estimates of $1.98 by $0.32. SouthState had a return on equity of 9.62% and a net margin of 22.38%. The firm had revenue of $840.50 million for the quarter, compared to analysts' expectations of $645.12 million. During the same period in the previous year, the firm posted $1.74 EPS.

Other research analysts also recently issued research reports about the stock. Stephens reaffirmed an "overweight" rating and issued a $119.00 target price on shares of SouthState in a report on Monday, April 28th. Keefe, Bruyette & Woods dropped their target price on shares of SouthState from $130.00 to $120.00 and set an "outperform" rating for the company in a report on Tuesday, May 6th. Hovde Group upped their target price on shares of SouthState from $97.00 to $105.00 and gave the stock a "market perform" rating in a report on Friday. Raymond James Financial set a $110.00 target price on shares of SouthState in a report on Monday, April 28th. Finally, Jefferies Financial Group assumed coverage on shares of SouthState in a report on Wednesday, May 21st. They issued a "buy" rating and a $110.00 target price for the company. One research analyst has rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $115.27.

SouthState Stock Performance

SSB traded down $0.46 during mid-day trading on Tuesday, reaching $97.13. 924,440 shares of the company traded hands, compared to its average volume of 949,847. The stock has a market capitalization of $9.86 billion, a P/E ratio of 13.96 and a beta of 0.77. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.07. The company's fifty day moving average price is $91.87 and its 200-day moving average price is $93.35. SouthState has a 52-week low of $77.74 and a 52-week high of $114.26.

SouthState Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Investors of record on Friday, August 8th will be issued a $0.60 dividend. This is an increase from SouthState's previous quarterly dividend of $0.54. The ex-dividend date of this dividend is Friday, August 8th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.47%. SouthState's dividend payout ratio (DPR) is presently 35.77%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its position in SouthState by 31.2% in the 1st quarter. Vanguard Group Inc. now owns 11,079,578 shares of the bank's stock worth $1,028,406,000 after purchasing an additional 2,637,786 shares during the period. Dimensional Fund Advisors LP raised its position in SouthState by 34.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,556,410 shares of the bank's stock worth $422,915,000 after purchasing an additional 1,164,348 shares during the period. Westwood Holdings Group Inc. raised its position in SouthState by 2,221.8% in the 4th quarter. Westwood Holdings Group Inc. now owns 727,341 shares of the bank's stock worth $72,356,000 after purchasing an additional 696,014 shares during the period. Norges Bank purchased a new stake in SouthState in the 4th quarter worth about $67,260,000. Finally, Nuveen LLC purchased a new stake in SouthState in the 1st quarter worth about $62,230,000. Institutional investors own 89.76% of the company's stock.

About SouthState

SouthState Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies. It offers checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, money market accounts, and other time deposits, as well as bond accounting, asset/liability consulting related activities, and other clearing and corporate checking account services.