Simmons First National (NASDAQ:SFNC) Price Target Raised to $23.00 at DA Davidson

Simmons First National (NASDAQ:SFNC - Get Free Report) had its price objective hoisted by DA Davidson from $21.00 to $23.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has a "neutral" rating on the bank's stock. DA Davidson's price target indicates a potential upside of 16.87% from the stock's current price. DA Davidson also issued estimates for Simmons First National's Q3 2025 earnings at $0.48 EPS, Q3 2025 earnings at $0.51 EPS, FY2025 earnings at $1.69 EPS, FY2025 earnings at $1.77 EPS and FY2026 earnings at $2.01 EPS.

Other analysts also recently issued research reports about the stock. Piper Sandler raised shares of Simmons First National from an "underweight" rating to a "neutral" rating and boosted their price objective for the company from $20.00 to $21.00 in a report on Monday, April 21st. Stephens dropped their target price on shares of Simmons First National from $27.00 to $25.00 and set an "overweight" rating for the company in a research report on Monday, April 21st. Wall Street Zen upgraded shares of Simmons First National from a "sell" rating to a "hold" rating in a research report on Friday, July 18th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Simmons First National from $21.00 to $22.00 and gave the company a "market perform" rating in a research report on Monday, July 21st. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $22.75.

Simmons First National Trading Up 0.1%

Shares of NASDAQ SFNC traded up $0.02 during midday trading on Wednesday, reaching $19.68. 1,888,568 shares of the stock were exchanged, compared to its average volume of 1,825,285. Simmons First National has a 12 month low of $17.20 and a 12 month high of $25.95. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.80 and a quick ratio of 0.80. The business has a 50-day simple moving average of $19.23 and a two-hundred day simple moving average of $20.12. The company has a market capitalization of $2.80 billion, a price-to-earnings ratio of 15.50 and a beta of 0.92.

Simmons First National (NASDAQ:SFNC - Get Free Report) last issued its quarterly earnings results on Thursday, July 17th. The bank reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.04. Simmons First National had a net margin of 11.19% and a return on equity of 5.23%. The firm had revenue of $214.18 million for the quarter, compared to analyst estimates of $217.21 million. During the same period in the previous year, the business earned $0.33 EPS. The company's revenue was up 8.6% compared to the same quarter last year. As a group, equities research analysts expect that Simmons First National will post 1.66 EPS for the current year.

Insider Buying and Selling at Simmons First National

In related news, COO Steenberg Christopher J. Van acquired 13,500 shares of the stock in a transaction that occurred on Wednesday, July 23rd. The stock was acquired at an average cost of $18.50 per share, for a total transaction of $249,750.00. Following the transaction, the chief operating officer directly owned 13,500 shares in the company, valued at $249,750. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Charles Daniel Hobbs bought 5,400 shares of Simmons First National stock in a transaction on Wednesday, July 23rd. The shares were acquired at an average cost of $18.50 per share, for a total transaction of $99,900.00. Following the completion of the acquisition, the chief financial officer directly owned 10,213 shares in the company, valued at approximately $188,940.50. The trade was a 112.20% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired 89,555 shares of company stock worth $1,656,768 over the last 90 days. 1.44% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Simmons First National

Institutional investors have recently modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. bought a new position in Simmons First National during the fourth quarter worth $36,000. Quarry LP bought a new position in Simmons First National during the fourth quarter worth about $47,000. GAMMA Investing LLC boosted its position in shares of Simmons First National by 35.2% in the second quarter. GAMMA Investing LLC now owns 3,426 shares of the bank's stock valued at $65,000 after acquiring an additional 892 shares during the period. SouthState Corp purchased a new stake in Simmons First National in the first quarter valued at approximately $71,000. Finally, Sterling Capital Management LLC raised its stake in shares of Simmons First National by 813.8% during the fourth quarter. Sterling Capital Management LLC now owns 3,911 shares of the bank's stock worth $87,000 after acquiring an additional 3,483 shares in the last quarter. 27.58% of the stock is owned by institutional investors.

Simmons First National Company Profile

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.