Southside Bancshares Stock Price, Forecast & Analysis (NASDAQ:SBSI)

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

Southside Bancshares announced a None dividend on Thursday, November 7th. Investors of record on Wednesday, November 27th will be paid a dividend of $0.34 per share on Thursday, December 12th. The ex-dividend date of this dividend is Tuesday, November 26th. View Southside Bancshares' Dividend History.

Southside Bancshares, Inc. (NASDAQ:SBSI) announced its quarterly earnings data on Friday, October, 25th. The bank reported $0.58 EPS for the quarter, missing the Zacks' consensus estimate of $0.59 by $0.01. The bank had revenue of $55.29 million for the quarter, compared to analyst estimates of $56.95 million. Southside Bancshares had a net margin of 26.61% and a return on equity of 9.79%. The company's quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.58 earnings per share. View Southside Bancshares' Earnings History.

Southside Bancshares is scheduled to release their next quarterly earnings announcement on Friday, February 7th 2020. View Earnings Estimates for Southside Bancshares.

News articles about SBSI stock have been trending extremely negative on Monday, InfoTrie reports. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Southside Bancshares earned a media sentiment score of -4.3 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Southside Bancshares.

Southside Bancshares saw a decrease in short interest in the month of October. As of October 31st, there was short interest totalling 2,470,000 shares, a decrease of 6.1% from the September 30th total of 2,630,000 shares. Based on an average trading volume of 90,800 shares, the days-to-cover ratio is presently 27.2 days. Approximately 7.7% of the company's stock are sold short. View Southside Bancshares' Current Options Chain.

Some companies that are related to Southside Bancshares include PNC Financial Services Group (PNC), BB&T (BBT), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Southside Bancshares investors own include Energy Transfer LP Unit (ET), Anavex Life Sciences (AVXL), SandRidge Permian Trust (PER), Range Resources (RRC), SunCoke Energy Partners (SXCP), Cornerstone Total Return Fund (CRF), CytRx (CYTR), THL Credit (TCRD), CBL & Associates Properties (CBL) and NGL Energy Partners (NGL).

Southside Bancshares' stock is owned by a number of of retail and institutional investors. Top institutional investors include Handelsbanken Fonder AB (1.78%), Handelsinvest Investeringsforvaltning (0.59%), Rhumbline Advisers (0.31%), California Public Employees Retirement System (0.22%), First Trust Advisors LP (0.17%) and Naples Global Advisors LLC (0.09%). Company insiders that own Southside Bancshares stock include Brian K Mccabe, John F Sammons, Jr, John Robert Garrett, Julie Shamburger, Michael J Bosworth, Peter M Boyd, Timothy F Alexander and Tony K Morgan. View Institutional Ownership Trends for Southside Bancshares.

SBSI stock was sold by a variety of institutional investors in the last quarter, including Moisand Fitzgerald Tamayo LLC and First Trust Advisors LP. View Insider Buying and Selling for Southside Bancshares.

SBSI stock was purchased by a variety of institutional investors in the last quarter, including Handelsinvest Investeringsforvaltning, Handelsbanken Fonder AB, State of Alaska Department of Revenue, California Public Employees Retirement System, Rhumbline Advisers, Virginia Retirement Systems ET AL, State of Tennessee Treasury Department and Naples Global Advisors LLC. Company insiders that have bought Southside Bancshares stock in the last two years include John F Sammons, Jr, John Robert Garrett, Julie Shamburger and Tony K Morgan. View Insider Buying and Selling for Southside Bancshares.

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

One share of SBSI stock can currently be purchased for approximately $35.00.

Southside Bancshares has a market capitalization of $1.18 billion and generates $269.94 million in revenue each year. The bank earns $74.14 million in net income (profit) each year or $2.11 on an earnings per share basis. Southside Bancshares employs 820 workers across the globe.View Additional Information About Southside Bancshares.

The official website for Southside Bancshares is http://www.southside.com/.

Southside Bancshares' mailing address is 1201 S. BECKHAM AVENUE, TYLER TX, 75701. The bank can be reached via phone at 903-531-7111 or via email at [email protected]