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The "Plug and Play" Model Putting Online Giants to Shame (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
NASDAQ:SBSI

Southside Bancshares (SBSI) Stock Forecast, Price & News

$28.41
-0.18 (-0.63%)
(As of 09/21/2023 ET)
Compare
Today's Range
$28.15
$28.71
50-Day Range
$26.61
$34.12
52-Week Range
$25.38
$40.38
Volume
76,468 shs
Average Volume
112,593 shs
Market Capitalization
$866.51 million
P/E Ratio
8.48
Dividend Yield
4.93%
Price Target
$33.50

Southside Bancshares MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
17.9% Upside
$33.50 Price Target
Short Interest
Bearish
3.60% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.45
Upright™ Environmental Score
News Sentiment
0.10mentions of Southside Bancshares in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$100,154 Sold Last Quarter
Proj. Earnings Growth
-3.16%
From $3.16 to $3.06 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.22 out of 5 stars

Finance Sector

536th out of 850 stocks

State Commercial Banks Industry

133rd out of 176 stocks


SBSI stock logo

About Southside Bancshares (NASDAQ:SBSI) Stock

Southside Bancshares, Inc. operates as the bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. Its deposit products include savings, money market, and interest and noninterest bearing checking accounts, as well as certificates of deposit. The company's loan portfolio comprises consumer loans that include 1-4 family residential loans, home equity loans, home improvement loans, automobile loans, and other consumer related loans; commercial loans, such as short-term working capital loans for inventory and accounts receivable, short and medium-term loans for equipment or other business capital expansion, commercial real estate loans, and municipal loans; and construction loans for 1-4 family residential and commercial real estate. It also offers wealth management and trust services consisting of investment management, administration, revocable and testamentary trusts, and custodian services for individuals, partnerships, and corporations; safe deposit services; and brokerage services. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.

SBSI Price History

SBSI Stock News Headlines

The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
See More Headlines
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SBSI Company Calendar

Last Earnings
7/25/2023
Ex-Dividend for 9/1 Dividend
8/16/2023
Dividend Payable
9/01/2023
Today
9/22/2023
Next Earnings (Estimated)
10/24/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:SBSI
CUSIP
84470P10
Employees
813
Year Founded
1960

Price Target and Rating

Average Stock Price Forecast
$33.50
High Stock Price Forecast
$34.00
Low Stock Price Forecast
$33.00
Forecasted Upside/Downside
+17.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$105.02 million
Pretax Margin
34.77%

Debt

Sales & Book Value

Annual Sales
$293.84 million
Cash Flow
$4.22 per share
Book Value
$23.24 per share

Miscellaneous

Free Float
28,701,000
Market Cap
$866.51 million
Optionable
Optionable
Beta
0.56

Social Links

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Key Executives

  • Mr. Lee R. Gibson IIIMr. Lee R. Gibson III (Age 66)
    CPA, Pres, CEO & Director
    Comp: $1.28M
  • Ms. Julie N. Shamburger CPAMs. Julie N. Shamburger CPA (Age 60)
    CPA, Chief Financial Officer
    Comp: $700.39k
  • Mr. Brian K. McCabeMr. Brian K. McCabe (Age 62)
    Chief Operations Officer
    Comp: $527.07k
  • Mr. T. L. Arnold Jr. (Age 59)
    Chief Credit Officer
    Comp: $498.98k
  • Mr. Timothy F. Alexander (Age 66)
    Chief Lending Officer
    Comp: $872.26k
  • Lindsey Bailes CPA
    VP & Investor Relations Officer
  • Vonna Crowley
    Chief Compliance Officer
  • Ms. Suni Davis CPA (Age 47)
    Chief Risk Officer
  • Anne Martinez
    Exec. VP & Sr. Loan Review Officer
  • Ms. Sandi Hegwood CPA
    CPA, Sr. VP & Chief Audit Exec.













SBSI Stock - Frequently Asked Questions

Should I buy or sell Southside Bancshares stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Southside Bancshares in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SBSI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SBSI, but not buy additional shares or sell existing shares.
View SBSI analyst ratings
or view top-rated stocks.

What is Southside Bancshares' stock price forecast for 2023?

1 brokerages have issued 1 year target prices for Southside Bancshares' stock. Their SBSI share price forecasts range from $33.00 to $34.00. On average, they anticipate the company's stock price to reach $33.50 in the next twelve months. This suggests a possible upside of 17.9% from the stock's current price.
View analysts price targets for SBSI
or view top-rated stocks among Wall Street analysts.

How have SBSI shares performed in 2023?

Southside Bancshares' stock was trading at $35.99 at the beginning of the year. Since then, SBSI stock has decreased by 21.1% and is now trading at $28.41.
View the best growth stocks for 2023 here
.

When is Southside Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our SBSI earnings forecast
.

How were Southside Bancshares' earnings last quarter?

Southside Bancshares, Inc. (NASDAQ:SBSI) released its earnings results on Tuesday, July, 25th. The bank reported $0.82 EPS for the quarter, beating the consensus estimate of $0.69 by $0.13. The bank had revenue of $97.34 million for the quarter, compared to the consensus estimate of $64.90 million. Southside Bancshares had a trailing twelve-month return on equity of 14.37% and a net margin of 29.88%. During the same period in the previous year, the company earned $0.79 earnings per share.

How often does Southside Bancshares pay dividends? What is the dividend yield for Southside Bancshares?

Southside Bancshares declared a quarterly dividend on Thursday, August 3rd. Investors of record on Thursday, August 17th will be given a dividend of $0.35 per share on Friday, September 1st. This represents a $1.40 annualized dividend and a yield of 4.93%. The ex-dividend date is Wednesday, August 16th.
Read our dividend analysis for SBSI
.

What ETFs hold Southside Bancshares' stock?
Is Southside Bancshares a good dividend stock?

Southside Bancshares (NASDAQ:SBSI) pays an annual dividend of $1.40 per share and currently has a dividend yield of 4.90%. SBSI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 29 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 41.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBSI will have a dividend payout ratio of 45.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SBSI.

What is Lee R. Gibson's approval rating as Southside Bancshares' CEO?

17 employees have rated Southside Bancshares Chief Executive Officer Lee R. Gibson on Glassdoor.com. Lee R. Gibson has an approval rating of 53% among the company's employees. This puts Lee R. Gibson in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Southside Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Southside Bancshares investors own include Energy Transfer (ET), AT&T (T), Anavex Life Sciences (AVXL), Pfizer (PFE), NGL Energy Partners (NGL), ResMed (RMD), Range Resources (RRC), LadRx (CYTR), Dominion Energy (D) and Ford Motor (F).

What is Southside Bancshares' stock symbol?

Southside Bancshares trades on the NASDAQ under the ticker symbol "SBSI."

Who are Southside Bancshares' major shareholders?

Southside Bancshares' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.49%), State Street Corp (4.34%), Dimensional Fund Advisors LP (4.30%), Geode Capital Management LLC (1.95%), Renaissance Technologies LLC (1.79%) and Bank of New York Mellon Corp (1.33%). Insiders that own company stock include Brian K Mccabe, Cindy Blackstone, Donald W Thedford, Emily S Moore, Herbert C Buie, Jared C Green, John F Sammons Jr, John Robert Garrett, Julie Shamburger, Lee R Gibson, Suni M Davis, Susan Elaine Anderson and William Sheehy.
View institutional ownership trends
.

How do I buy shares of Southside Bancshares?

Shares of SBSI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Southside Bancshares' stock price today?

One share of SBSI stock can currently be purchased for approximately $28.41.

How much money does Southside Bancshares make?

Southside Bancshares (NASDAQ:SBSI) has a market capitalization of $866.51 million and generates $293.84 million in revenue each year. The bank earns $105.02 million in net income (profit) each year or $3.35 on an earnings per share basis.

How many employees does Southside Bancshares have?

The company employs 813 workers across the globe.

How can I contact Southside Bancshares?

Southside Bancshares' mailing address is 1201 S. BECKHAM AVENUE, TYLER TX, 75701. The official website for the company is www.southside.com. The bank can be reached via phone at (903) 531-7111, via email at deborah.wilkinson@southside.com, or via fax at 903-592-3692.

This page (NASDAQ:SBSI) was last updated on 9/22/2023 by MarketBeat.com Staff

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