Southern First Bancshares (NASDAQ:SFST - Get Free Report) is expected to release its Q2 2025 earnings data before the market opens on Thursday, July 17th. Analysts expect Southern First Bancshares to post earnings of $0.65 per share and revenue of $26.80 million for the quarter.
Southern First Bancshares (NASDAQ:SFST - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The bank reported $0.65 earnings per share for the quarter, topping analysts' consensus estimates of $0.61 by $0.04. The firm had revenue of $26.50 million during the quarter, compared to analyst estimates of $26.56 million. Southern First Bancshares had a net margin of 8.50% and a return on equity of 5.57%. On average, analysts expect Southern First Bancshares to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Southern First Bancshares Trading Down 2.1%
Shares of SFST traded down $0.84 during mid-day trading on Friday, reaching $39.07. The company's stock had a trading volume of 12,104 shares, compared to its average volume of 18,402. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.78. Southern First Bancshares has a 52 week low of $29.14 and a 52 week high of $45.91. The company's fifty day moving average price is $37.01 and its two-hundred day moving average price is $35.45. The stock has a market cap of $319.20 million, a PE ratio of 17.29 and a beta of 0.77.
Analyst Upgrades and Downgrades
Separately, Piper Sandler raised shares of Southern First Bancshares to a "strong-buy" rating and set a $43.00 target price on the stock in a research note on Tuesday, June 10th.
Get Our Latest Stock Analysis on Southern First Bancshares
Insiders Place Their Bets
In related news, Director William Iv Maner acquired 700 shares of Southern First Bancshares stock in a transaction on Wednesday, May 14th. The shares were acquired at an average cost of $36.15 per share, with a total value of $25,305.00. Following the transaction, the director owned 2,700 shares in the company, valued at $97,605. This trade represents a 35.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Leighton M. Cubbage sold 1,083 shares of the company's stock in a transaction dated Monday, June 23rd. The stock was sold at an average price of $35.72, for a total transaction of $38,684.76. Following the completion of the sale, the director directly owned 51,205 shares in the company, valued at $1,829,042.60. This represents a 2.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. 7.06% of the stock is currently owned by insiders.
Institutional Trading of Southern First Bancshares
A number of hedge funds and other institutional investors have recently modified their holdings of SFST. Jane Street Group LLC bought a new position in Southern First Bancshares in the 1st quarter worth about $303,000. Empowered Funds LLC boosted its stake in Southern First Bancshares by 23.4% in the 1st quarter. Empowered Funds LLC now owns 18,637 shares of the bank's stock worth $614,000 after purchasing an additional 3,532 shares in the last quarter. Royal Bank of Canada boosted its stake in Southern First Bancshares by 2.6% in the 1st quarter. Royal Bank of Canada now owns 34,910 shares of the bank's stock worth $1,149,000 after purchasing an additional 890 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in Southern First Bancshares by 4.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 66,603 shares of the bank's stock worth $2,193,000 after purchasing an additional 3,074 shares in the last quarter. 75.00% of the stock is owned by hedge funds and other institutional investors.
About Southern First Bancshares
(
Get Free Report)
Southern First Bancshares, Inc operates as the bank holding company for Southern First Bank that provides commercial, consumer, and mortgage loans to the general public in South Carolina, North Carolina, and Georgia. The company accepts various deposit products that include checking accounts, commercial checking accounts, and savings accounts, as well as other time deposits, including daily money market accounts and long-term certificates of deposit.
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