What is DA Davidson's Forecast for SFNC FY2025 Earnings?

Key Points

• DA Davidson has revised down its FY2025 earnings per share (EPS) estimate for Simmons First National Corporation from $1.77 to $1.68, while maintaining a "Neutral" rating with a $23.00 target price.
• The bank reported a quarterly EPS of $0.46, missing the consensus estimate of $0.47, despite a revenue increase of 14.4% year-over-year.
• Recently, Simmons First National also declared a quarterly dividend of $0.2125 per share, reflecting an annualized yield of 4.8%.

Simmons First National Corporation (NASDAQ:SFNC - Free Report) - Investment analysts at DA Davidson reduced their FY2025 earnings per share (EPS) estimates for Simmons First National in a report released on Tuesday, October 21st. DA Davidson analyst G. Tenner now anticipates that the bank will earn $1.68 per share for the year, down from their previous forecast of $1.77. DA Davidson currently has a "Neutral" rating and a $23.00 target price on the stock. The consensus estimate for Simmons First National's current full-year earnings is $1.66 per share. DA Davidson also issued estimates for Simmons First National's FY2026 earnings at $1.90 EPS.

Simmons First National (NASDAQ:SFNC - Get Free Report) last posted its quarterly earnings data on Thursday, October 16th. The bank reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.01). The firm had revenue of $232.54 million for the quarter, compared to analyst estimates of $103.26 million. Simmons First National had a positive return on equity of 5.84% and a negative net margin of 29.70%.The firm's quarterly revenue was up 14.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.37 earnings per share.

SFNC has been the subject of several other reports. Zacks Research cut Simmons First National from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 13th. Wall Street Zen upgraded Simmons First National from a "sell" rating to a "hold" rating in a report on Friday, July 18th. Weiss Ratings reiterated a "hold (c)" rating on shares of Simmons First National in a report on Wednesday, October 8th. Finally, Keefe, Bruyette & Woods dropped their target price on Simmons First National from $22.00 to $21.00 and set a "market perform" rating on the stock in a report on Monday. One research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $22.50.

Simmons First National Stock Down 1.2%

SFNC stock opened at $17.75 on Thursday. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.88 and a quick ratio of 0.88. The stock has a market capitalization of $2.57 billion, a P/E ratio of -6.06 and a beta of 0.94. The business has a 50-day moving average of $19.80 and a 200-day moving average of $19.31. Simmons First National has a fifty-two week low of $17.20 and a fifty-two week high of $25.95.

Institutional Trading of Simmons First National

Institutional investors and hedge funds have recently bought and sold shares of the business. Principal Financial Group Inc. raised its stake in Simmons First National by 2.7% in the first quarter. Principal Financial Group Inc. now owns 691,328 shares of the bank's stock valued at $14,193,000 after buying an additional 17,888 shares during the period. KBC Group NV raised its stake in Simmons First National by 18.7% in the first quarter. KBC Group NV now owns 7,231 shares of the bank's stock valued at $148,000 after buying an additional 1,140 shares during the period. Magnetar Financial LLC bought a new stake in Simmons First National in the first quarter valued at approximately $318,000. Ieq Capital LLC raised its stake in Simmons First National by 156.9% in the first quarter. Ieq Capital LLC now owns 42,193 shares of the bank's stock valued at $866,000 after buying an additional 25,771 shares during the period. Finally, State of Alaska Department of Revenue raised its stake in Simmons First National by 7.6% in the second quarter. State of Alaska Department of Revenue now owns 74,955 shares of the bank's stock valued at $1,420,000 after buying an additional 5,298 shares during the period. Institutional investors own 27.58% of the company's stock.

Insider Transactions at Simmons First National

In related news, Director Russell William Teubner bought 9,200 shares of the company's stock in a transaction that occurred on Thursday, August 7th. The shares were acquired at an average price of $18.62 per share, for a total transaction of $171,304.00. Following the completion of the acquisition, the director owned 53,220 shares of the company's stock, valued at approximately $990,956.40. The trade was a 20.90% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.44% of the company's stock.

Simmons First National Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Monday, September 15th were issued a dividend of $0.2125 per share. This represents a $0.85 annualized dividend and a yield of 4.8%. The ex-dividend date was Monday, September 15th. Simmons First National's dividend payout ratio is presently -29.01%.

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.

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