Simmons First National (SFNC) Set to Release Earnings on Wednesday

Simmons First National (NASDAQ:SFNC - Get Free Report) is scheduled to release its earnings data before the market opens on Wednesday, April 24th. Analysts expect Simmons First National to post earnings of $0.32 per share for the quarter. Parties interested in registering for the company's conference call can do so using this link.

Simmons First National (NASDAQ:SFNC - Get Free Report) last announced its quarterly earnings data on Wednesday, January 24th. The bank reported $0.40 EPS for the quarter, topping analysts' consensus estimates of $0.35 by $0.05. The firm had revenue of $197.80 million during the quarter, compared to analyst estimates of $204.25 million. Simmons First National had a return on equity of 6.19% and a net margin of 12.82%. The business's quarterly revenue was down 15.3% compared to the same quarter last year. During the same period last year, the company posted $0.64 EPS. On average, analysts expect Simmons First National to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Simmons First National Stock Down 0.2 %

Shares of NASDAQ SFNC traded down $0.03 during mid-day trading on Wednesday, reaching $17.46. The company had a trading volume of 339,306 shares, compared to its average volume of 520,510. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.77 and a current ratio of 0.77. The company has a market capitalization of $2.19 billion, a price-to-earnings ratio of 12.68 and a beta of 0.87. The stock has a fifty day moving average of $18.77 and a two-hundred day moving average of $17.93. Simmons First National has a 12-month low of $13.36 and a 12-month high of $20.82.

Simmons First National Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Friday, March 15th were paid a dividend of $0.21 per share. The ex-dividend date was Thursday, March 14th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.81%. This is a positive change from Simmons First National's previous quarterly dividend of $0.20. Simmons First National's dividend payout ratio (DPR) is 60.87%.

Hedge Funds Weigh In On Simmons First National

Several hedge funds have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD boosted its stake in shares of Simmons First National by 5.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 71,346 shares of the bank's stock worth $1,416,000 after acquiring an additional 3,867 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in Simmons First National by 0.6% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 229,625 shares of the bank's stock worth $4,556,000 after purchasing an additional 1,466 shares during the last quarter. Barclays PLC boosted its position in Simmons First National by 60.2% during the fourth quarter. Barclays PLC now owns 273,898 shares of the bank's stock worth $5,434,000 after purchasing an additional 102,926 shares during the period. Voloridge Investment Management LLC grew its holdings in Simmons First National by 393.8% during the fourth quarter. Voloridge Investment Management LLC now owns 77,164 shares of the bank's stock valued at $1,531,000 after purchasing an additional 61,536 shares during the last quarter. Finally, Nuveen Asset Management LLC raised its position in shares of Simmons First National by 0.8% in the fourth quarter. Nuveen Asset Management LLC now owns 330,859 shares of the bank's stock valued at $6,565,000 after purchasing an additional 2,548 shares during the period. 27.58% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on SFNC. StockNews.com lowered Simmons First National from a "hold" rating to a "sell" rating in a report on Friday, February 2nd. Robert W. Baird lifted their price target on Simmons First National from $20.00 to $22.00 and gave the company a "neutral" rating in a report on Thursday, January 25th.

About Simmons First National

Simmons First National Corporation operates as the holding company for Simmons Bank that provides banking and other financial products and services to individuals and businesses. The company offers checking, savings, and time deposits; consumer, real estate, and commercial loans; agricultural finance, equipment, and small business administration lending; trust and fiduciary services; credit cards; investment management products; treasury management; insurance products; and securities and investment services.