Southside Bancshares (NYSE:SBSI) Stock Breaks Above Two Hundred Day Moving Average - What's Next?

Key Points

• SBSI shares moved above their 200-day moving average, reaching $33.41 and last trading near $33.28, signaling improved technical momentum.
• Southside Bancshares delivered a strong third quarter, with EPS of $0.93 versus the $0.79 consensus and revenue above expectations. Profitability remained healthy, including a 16.70% net margin and 11.16% return on equity.
• The outlook includes some caution: management lowered 2026 loan-growth expectations to the low-to-mid-single digits, while analysts maintain a consensus Hold rating and an average price target of $34.75. The company also raised its quarterly dividend to $0.37, equivalent to a 4.4% annual yield.

Southside Bancshares, Inc. (NYSE:SBSI - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $32.38 and traded as high as $33.41. Southside Bancshares shares last traded at $33.2830, with a volume of 268,677 shares traded.

More Southside Bancshares News

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

• Positive Sentiment: Q3 earnings and revenue exceeded expectations. Southside reported diluted EPS of $0.93, above the $0.79 consensus estimate and up from $0.80 a year earlier. Revenue reached $74.03 million, compared with Wall Street expectations of $72.67 million. Southside Bancshares Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Profitability metrics remained healthy. Management highlighted a 1.27% return on average assets and a 16.31% return on average tangible common equity. Reported return on equity was 11.16%, with a 16.70% net margin, supporting the market’s favorable reaction. Southside Bancshares Announces Third-Quarter Financial Results
• Positive Sentiment: The earnings beat was meaningful. EPS exceeded the consensus estimate by $0.14, while revenue was approximately $1.36 million above expectations, indicating better-than-anticipated quarterly operating performance. Southside Bancshares Earnings Flash
• Negative Sentiment: Management moderated its 2026 loan-growth outlook to the low-to-mid-single digits. The revised outlook signals slower balance-sheet expansion than previously anticipated. Additionally, about 55% of loans are expected to reprice within 90 days, creating sensitivity to interest-rate movements and potentially pressuring future net interest income. Southside Bancshares Moderates 2026 Loan Growth Outlook

Analysts Set New Price Targets

Several research firms have recently weighed in on SBSI. Zacks Research raised Southside Bancshares from a "strong sell" rating to a "hold" rating in a research note on Thursday, September 24th. Weiss Ratings downgraded shares of Southside Bancshares from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday, October 12th. Stephens set a $37.00 price target on shares of Southside Bancshares in a report on Monday, July 27th. Piper Sandler reduced their price target on shares of Southside Bancshares from $37.00 to $33.00 and set a "neutral" rating on the stock in a research report on Monday, July 27th. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of Southside Bancshares from $37.00 to $35.00 and set a "market perform" rating for the company in a research note on Monday, August 3rd. Six research analysts have rated the stock with a Hold rating. According to MarketBeat.com, Southside Bancshares currently has a consensus rating of "Hold" and a consensus target price of $34.75.

Southside Bancshares Price Performance

The business's 50 day moving average price is $31.35 and its 200-day moving average price is $32.38. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.71. The company has a market cap of $992.17 million, a PE ratio of 13.10 and a beta of 0.61.

Southside Bancshares (NYSE:SBSI - Get Free Report) last announced its earnings results on Thursday, October 29th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.14. The business had revenue of $76.14 million during the quarter, compared to the consensus estimate of $72.67 million. Southside Bancshares had a net margin of 16.70% and a return on equity of 11.16%. As a group, analysts forecast that Southside Bancshares, Inc. will post 3.27 earnings per share for the current year.

Southside Bancshares Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th were given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Thursday, August 20th. This is an increase from Southside Bancshares's previous quarterly dividend of $0.36. Southside Bancshares's dividend payout ratio is currently 58.27%.

Institutional Trading of Southside Bancshares

Several large investors have recently modified their holdings of SBSI. Vise Technologies Inc. acquired a new stake in Southside Bancshares during the 3rd quarter valued at approximately $220,000. Pinnacle Associates Ltd. raised its position in shares of 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 purchasing an additional 1,824 shares in the last quarter. Nisa Investment Advisors LLC boosted its stake in shares of Southside Bancshares by 14.3% during 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 during the last quarter. Fortitude Family Office LLC purchased a new position in shares of Southside Bancshares during the 3rd quarter valued at approximately $30,000. Finally, Bill Few Associates Inc. grew its position in shares of Southside Bancshares by 4.6% during the third quarter. Bill Few Associates Inc. now owns 10,926 shares of the company's stock worth $329,000 after buying an additional 482 shares in the last quarter. 55.70% of the stock is currently owned by institutional investors and hedge funds.

About Southside Bancshares

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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