NASDAQ:SBSI Southside Bancshares (SBSI) Stock Forecast, Price & News $28.38 -0.03 (-0.11%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$28.32▼$28.5450-Day Range$26.61▼$34.1252-Week Range$25.38▼$40.38Volume66,914 shsAverage Volume111,524 shsMarket Capitalization$865.59 millionP/E Ratio8.47Dividend Yield4.93%Price Target$33.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Southside Bancshares MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside18.0% Upside$33.50 Price TargetShort InterestBearish3.60% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.45Upright™ Environmental ScoreNews Sentiment0.05Based on 7 Articles This WeekInsider TradingSelling Shares$100,154 Sold Last QuarterProj. Earnings Growth-3.16%From $3.16 to $3.06 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.21 out of 5 starsFinance Sector513th out of 811 stocksState Commercial Banks Industry131st out of 174 stocks 2.0 Analyst's Opinion Consensus RatingSouthside Bancshares has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $33.50, Southside Bancshares has a forecasted upside of 18.0% from its current price of $28.38.Amount of Analyst CoverageSouthside Bancshares has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.60% of the float of Southside Bancshares has been sold short.Short Interest Ratio / Days to CoverSouthside Bancshares has a short interest ratio ("days to cover") of 7.9.Change versus previous monthShort interest in Southside Bancshares has recently increased by 1.96%, indicating that investor sentiment is decreasing. Previous Next 5.0 Dividend Strength Dividend LeadershipSouthside Bancshares is a leading dividend payer. It pays a dividend yield of 4.93%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSouthside Bancshares has been increasing its dividend for 29 years.Dividend CoverageThe dividend payout ratio of Southside Bancshares is 41.79%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Southside Bancshares will have a dividend payout ratio of 45.75% next year. This indicates that Southside Bancshares will be able to sustain or increase its dividend. Previous Next 3.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSouthside Bancshares has received a 35.13% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Cash withdrawal services", "Wire transfer services", "Home equity loans", "Mortgages provided by brick and mortar banks", "Debit cards", and "Consumer savings accounts provided by brick and mortar banks" products. See details.Environmental SustainabilityThe Environmental Impact score for Southside Bancshares is -0.45. Previous Next 1.7 News and Social Media Coverage News SentimentSouthside Bancshares has a news sentiment score of 0.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.72 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Southside Bancshares this week, compared to 5 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Southside Bancshares insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $100,154.00 in company stock.Percentage Held by InsidersOnly 5.90% of the stock of Southside Bancshares is held by insiders.Percentage Held by Institutions57.48% of the stock of Southside Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Southside Bancshares are expected to decrease by -3.16% in the coming year, from $3.16 to $3.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Southside Bancshares is 8.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Southside Bancshares is 8.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 87.17.Price to Book Value per Share RatioSouthside Bancshares has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Southside Bancshares (NASDAQ:SBSI) StockSouthside 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.Read More SBSI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SBSI Stock News HeadlinesSeptember 21, 2023 | msn.comWoman found dead in pool at Woodlake Park Apartments on Jacksonville's SouthsideSeptember 21, 2023 | msn.comA nearly $1 million Thai restaurant is coming to the Near Southside in Fort WorthSeptember 23, 2023 | Legacy Research (Ad)Watch SHOCKING Footage of AI Facility with Ties to Elon MuskI recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.September 19, 2023 | msn.comIMPD investigating Officer involved shooting on Indy’s SouthsideSeptember 18, 2023 | msn.comChesterfield seeking proposals to revitalize Southside SpeedwaySeptember 18, 2023 | msn.com'Racist': Sectarian graffiti on Southside Orange Hall condemnedSeptember 17, 2023 | msn.comReuben Alaniz’s big day on the ground propels Southside past SouthwestSeptember 16, 2023 | msn.comSpartanburg’s residents without grocery store again, as Southside Piggly Wiggly closes soonSeptember 23, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.September 15, 2023 | finance.yahoo.comInsider Sell: Regional President Jared Green Sells 1,665 Shares of Southside Bancshares Inc (SBSI)September 13, 2023 | msn.comCFPUA announces $13 million contract for Southside Wastewater Treatment Plant projectSeptember 9, 2023 | msn.comSpartanburg’s Southside Cultural Monument nearing completionSeptember 7, 2023 | bizjournals.com'Key site to get locked in:' Affordable housing pitched near BeltLine's Southside TrailSeptember 7, 2023 | msn.comFamily of woman killed in Southside hit-and-run want justice; 'It breaks my heart.'September 7, 2023 | msn.comSouthside officials honor Gadsden firefighters for preventing potential tragedySeptember 2, 2023 | yahoo.comFort Worth sushi restaurant on Near Southside closingSeptember 1, 2023 | msn.comSouthside football cruises to win but night dampened by injury to QB Gauge NesmithAugust 30, 2023 | news.yahoo.comFormer site of Harry's on Aiken's Southside sells for $275,000August 29, 2023 | msn.com23-year-old man dead after shooting on Southside of Syracuse, police sayAugust 27, 2023 | msn.comJacksonville police: 2 children dead after medical emergency at Southside homeAugust 27, 2023 | msn.comMilwaukee's 'Southside Dining Week' returns for a third yearAugust 26, 2023 | news.yahoo.comDiscovery Science Place announces enhanced Southside Bank Exhibit is openAugust 26, 2023 | msn.comHigh school football: Somerset 49, Southside 21August 26, 2023 | msn.com4 dead, 1 critical after Audi driver crashes into concrete pole on Jacksonville's SouthsideAugust 26, 2023 | msn.comFour people dead, one in critical condition after 'speeding excessively' on Jacksonville's SouthsideAugust 25, 2023 | finance.yahoo.comKBRA Releases Surveillance Report for Southside Bancshares, Inc.August 25, 2023 | msn.comMilwaukee’s Southside Dining Week returns this fallSee More Headlines Receive SBSI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Southside Bancshares and its competitors with MarketBeat's FREE daily newsletter. Email Address SBSI Company Calendar Last Earnings7/25/2023Ex-Dividend for 9/1 Dividend8/16/2023Dividend Payable9/01/2023Today9/22/2023Next Earnings (Estimated)10/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Banks—Regional Sub-IndustryRegional Banks SectorFinancial Services Current SymbolNASDAQ:SBSI CUSIP84470P10 CIK705432 Webwww.southside.com Phone(903) 531-7111Fax903-592-3692Employees813Year Founded1960Price Target and Rating Average Stock Price Forecast$33.50 High Stock Price Forecast$34.00 Low Stock Price Forecast$33.00 Forecasted Upside/Downside+18.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$3.35 Trailing P/E Ratio8.47 Forward P/E Ratio8.98 P/E GrowthN/ANet Income$105.02 million Net Margins29.88% Pretax Margin34.77% Return on Equity14.37% Return on Assets1.39% Debt Debt-to-Equity Ratio0.86 Current Ratio0.71 Quick Ratio0.71 Sales & Book Value Annual Sales$293.84 million Price / Sales2.95 Cash Flow$4.21 per share Price / Cash Flow6.74 Book Value$23.24 per share Price / Book1.22Miscellaneous Outstanding Shares30,500,000Free Float28,701,000Market Cap$865.59 million OptionableOptionable Beta0.56 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Lee R. Gibson III (Age 66)CPA, Pres, CEO & Director Comp: $1.28MMs. Julie N. Shamburger CPA (Age 60)CPA, Chief Financial Officer Comp: $700.39kMr. Brian K. McCabe (Age 62)Chief Operations Officer Comp: $527.07kMr. T. L. Arnold Jr. (Age 59)Chief Credit Officer Comp: $498.98kMr. Timothy F. Alexander (Age 66)Chief Lending Officer Comp: $872.26kLindsey Bailes CPAVP & Investor Relations OfficerVonna CrowleyChief Compliance OfficerMs. Suni Davis CPA (Age 47)Chief Risk Officer Anne MartinezExec. VP & Sr. Loan Review OfficerMs. Sandi Hegwood CPACPA, Sr. VP & Chief Audit Exec.More ExecutivesKey CompetitorsPreferred BankNASDAQ:PFBCPeoples BancorpNASDAQ:PEBORepublic BancorpNASDAQ:RBCAALakeland BancorpNASDAQ:LBAIGerman American BancorpNASDAQ:GABCView All CompetitorsInsiders & InstitutionsBarclays PLCBought 19,990 shares on 9/21/2023Ownership: 0.144%Jared C GreenSold 1,665 sharesTotal: $49,633.65 ($29.81/share)Portside Wealth Group LLCBought 124,189 shares on 9/1/2023Ownership: 0.407%California State Teachers Retirement SystemSold 2,853 shares on 8/21/2023Ownership: 0.115%Teachers Retirement System of The State of KentuckyBought 535 shares on 8/21/2023Ownership: 0.033%View All Insider TransactionsView All Institutional Transactions 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 Wall Street analysts have issued 1 year price objectives for Southside Bancshares' stock. Their SBSI share price forecasts range from $33.00 to $34.00. On average, they expect the company's share price to reach $33.50 in the next twelve months. This suggests a possible upside of 18.0% 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 $28.38. 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 quarterly earnings data on Tuesday, July, 25th. The bank reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.69 by $0.13. The bank earned $97.34 million during the quarter, compared to the consensus estimate of $64.90 million. Southside Bancshares had a net margin of 29.88% and a trailing twelve-month return on equity of 14.37%. During the same period in the previous year, the company posted $0.79 EPS. 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 paid a dividend of $0.35 per share on Friday, September 1st. This represents a $1.40 annualized dividend and a dividend yield of 4.93%. The ex-dividend date is Wednesday, August 16th. Read our dividend analysis for SBSI. What ETFs hold Southside Bancshares' stock? ETFs with the largest weight of Southside Bancshares (NASDAQ:SBSI) stock in their portfolio include ProShares Russell 2000 Dividend Growers ETF (SMDV), Invesco S&P SmallCap Low Volatility ETF (XSLV) and SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV).Inspire Small/Mid Cap ETF (ISMD). 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 many different retail and institutional investors. Top institutional shareholders 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 $28.38. How much money does Southside Bancshares make? Southside Bancshares (NASDAQ:SBSI) has a market capitalization of $865.59 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 9/23/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Southside Bancshares, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.