NASDAQ:SBSI Southside Bancshares (SBSI) Stock Forecast, Price & News $28.36 +1.32 (+4.88%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$27.19▼$28.4950-Day Range$26.50▼$33.8952-Week Range$26.24▼$42.01Volume174,532 shsAverage Volume150,433 shsMarket Capitalization$876.89 millionP/E Ratio8.52Dividend Yield4.94%Price Target$36.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Southside Bancshares MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside28.7% Upside$36.50 Price TargetShort InterestBearish3.45% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.45Upright™ Environmental ScoreNews Sentiment0.30Based on 8 Articles This WeekInsider TradingAcquiring Shares$10,668 Bought Last QuarterProj. Earnings Growth-2.43%From $2.88 to $2.81 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.2.72 out of 5 starsFinance Sector253rd out of 874 stocksState Commercial Banks Industry82nd out of 180 stocks 3.0 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 $36.50, Southside Bancshares has a forecasted upside of 28.7% from its current price of $28.36.Amount of Analyst CoverageSouthside Bancshares has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.45% 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 6.5.Change versus previous monthShort interest in Southside Bancshares has recently increased by 13.17%, indicating that investor sentiment is decreasing significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipSouthside Bancshares is a leading dividend payer. It pays a dividend yield of 5.18%, 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 42.04%. 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 49.82% 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 2.9 News and Social Media Coverage News SentimentSouthside Bancshares has a news sentiment score of 0.30. 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 0.65 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Southside Bancshares this week, compared to 5 articles on an average week.Search Interest4 people have searched for SBSI on MarketBeat in the last 30 days. MarketBeat Follows1 people have added Southside Bancshares to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Southside Bancshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $10,668.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 5.90% of the stock of Southside Bancshares is held by insiders.Percentage Held by Institutions53.13% 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 -2.43% in the coming year, from $2.88 to $2.81 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Southside Bancshares is 8.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.06.Price to Earnings Ratio vs. SectorThe P/E ratio of Southside Bancshares is 8.52, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 156.88.Price to Book Value per Share RatioSouthside Bancshares has a P/B Ratio of 1.17. 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. is a bank holding company, which engages in the provision of financial services to individuals, businesses, municipal entities, and non-profit organizations. It offers checking, saving and retirement accounts, certificate of deposits, debit, credit cards, mobile banking, loans, mortgage and equity lending, identity theft prevention, electronic banking, healthcare banking, and business loans. The company was founded on August 11, 1982 and is headquartered in Tyler, TX.Read More 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 Stock News HeadlinesJune 3, 2023 | msn.comSacramento critics: Southside Park's closed pool part of bigger issueJune 2, 2023 | msn.comVIDEO: 'Felony Lane Gang' wanted after vehicle break-ins, credit card thefts on SouthsideJune 3, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.June 2, 2023 | yahoo.comTuberville seeks $6 million in federal budget for new Southside bridgeJune 1, 2023 | news.yahoo.comJSO searching for ‘armed and dangerous’ man on the SouthsideJune 1, 2023 | msn.comTwo killed, one injured in crash after hit-and-run on Corpus Christi's SouthsideMay 26, 2023 | msn.comMajor improvements to Southside and Beach Blvd. intersection set to openMay 24, 2023 | americanbankingnews.comSouthside Bancshares (NASDAQ:SBSI) Stock Price Down 2.3%June 3, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 23, 2023 | msn.comMan shot dead at Cortland Vesta apartments on Birmingham’s SouthsideMay 18, 2023 | sports.yahoo.comHow Southside Christian baseball won Class A high school Upper State championshipMay 18, 2023 | americanbankingnews.comHead to Head Survey: CrossFirst Bankshares (NASDAQ:CFB) & Southside Bancshares (NASDAQ:SBSI)May 17, 2023 | finance.yahoo.comSouthside Bancshares, Inc. (NASDAQ:SBSI) Looks Interesting, And It's About To Pay A DividendMay 14, 2023 | news.yahoo.comBaby boom extravaganza: 253 babies Delivered in record month at St. Vincent’s SouthsideMay 12, 2023 | msn.com22-year-old woman shot in torso on Southside, police sayMay 11, 2023 | msn.comPolice searching for missing Southside woman last seen in AprilMay 11, 2023 | msn.comMan pleads guilty to killing woman with hammer in Southside apartmentMay 11, 2023 | msn.comSouthside Police looking for missing 39-year-old womanMay 11, 2023 | msn.comMissing woman from Southside last seen in AprilMay 11, 2023 | news.yahoo.comHere's an early look at Pueblo Water's reconstruction plans for the Southside damMay 10, 2023 | msn.com‘The Painted Lady’ boutique hotel planned for Southside’s Battery II developmentMay 10, 2023 | finance.yahoo.comHerbert Buie Buys Handful Of Shares In Southside BancsharesMay 10, 2023 | finance.yahoo.comHerbert Buie Buys Handful Of Shares In Southside Bancshares \May 9, 2023 | finance.yahoo.comSouthside Bancshares (NASDAQ:SBSI) Has Affirmed Its Dividend Of $0.35May 8, 2023 | americanbankingnews.comHead-To-Head Comparison: 1st Source (NASDAQ:SRCE) and Southside Bancshares (NASDAQ:SBSI)May 6, 2023 | americanbankingnews.comHerbert C. Buie Acquires 400 Shares of Southside Bancshares, Inc. (NASDAQ:SBSI) StockMay 6, 2023 | msn.comSouthside Bancshares (SBSI) Declares $0.35 DividendSee More Headlines SBSI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SBSI Company Calendar Last Earnings10/25/2021Ex-Dividend for 6/6 Dividend5/22/2023Today6/03/2023Dividend Payable6/06/2023Next Earnings (Estimated)7/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:SBSI CUSIP84470P10 CIK705432 Webwww.southside.com Phone(903) 531-7111Fax903-592-3692Employees809Year Founded1960Price Target and Rating Average Stock Price Forecast$36.50 High Stock Price Forecast$40.00 Low Stock Price Forecast$33.00 Forecasted Upside/Downside+28.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$3.33 Trailing P/E Ratio8.52 Forward P/E Ratio9.85 P/E GrowthN/ANet Income$105.02 million Net Margins32.92% Pretax Margin37.89% Return on Equity14.55% Return on Assets1.41% Debt Debt-to-Equity Ratio1.04 Current Ratio0.72 Quick Ratio0.72 Sales & Book Value Annual Sales$293.84 million Price / Sales2.98 Cash Flow$4.45 per share Price / Cash Flow6.37 Book Value$24.29 per share Price / Book1.17Miscellaneous Outstanding Shares30,920,000Free Float29,100,000Market Cap$876.89 million OptionableOptionable Beta0.54 Social Links Key ExecutivesLee R. GibsonPresident, Chief Executive Officer & DirectorBrian K. McCabeChief Operating OfficerJulie N. ShamburgerChief Financial & Accounting OfficerSuni DavisChief Risk OfficerMark W. DrennanRegional PresidentKey CompetitorsGerman American BancorpNASDAQ:GABCRepublic BancorpNASDAQ:RBCAALakeland BancorpNASDAQ:LBAIPeoples BancorpNASDAQ:PEBOPreferred BankNASDAQ:PFBCView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 8,634 shares on 5/26/2023Ownership: 0.807%Ameriprise Financial Inc.Sold 8,031 shares on 5/22/2023Ownership: 0.388%JPMorgan Chase & Co.Bought 66,117 shares on 5/18/2023Ownership: 0.636%New York State Common Retirement FundSold 6,436 shares on 5/18/2023Ownership: 0.051%Thrivent Financial for LutheransSold 1,585 shares on 5/17/2023Ownership: 0.096%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 year. 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 equities research analysts have issued 1-year target prices for Southside Bancshares' stock. Their SBSI share price forecasts range from $33.00 to $40.00. On average, they anticipate the company's stock price to reach $36.50 in the next year. This suggests a possible upside of 28.7% 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 start of the year. Since then, SBSI shares have decreased by 21.2% and is now trading at $28.36. 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 Monday, July 24th 2023. View our SBSI earnings forecast. How were Southside Bancshares' earnings last quarter? Southside Bancshares, Inc. (NASDAQ:SBSI) posted its earnings results on Monday, October, 25th. The bank reported $0.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.65 by $0.25. The bank had revenue of $64.36 million for the quarter, compared to analysts' expectations of $60.35 million. Southside Bancshares had a net margin of 32.92% and a trailing twelve-month return on equity of 14.55%. During the same quarter last year, the firm posted $0.82 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, May 4th. Stockholders of record on Tuesday, May 23rd will be paid a dividend of $0.35 per share on Tuesday, June 6th. This represents a $1.40 annualized dividend and a dividend yield of 4.94%. The ex-dividend date of this dividend is Monday, May 22nd. 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 Timothy Plan Market Neutral ETF (TPMN), ETC 6 Meridian Small Cap Equity ETF (SIXS), ProShares Russell 2000 Dividend Growers ETF (SMDV), Invesco S&P SmallCap Low Volatility ETF (XSLV), First Trust NASDAQ ABA Community Bank Index Fund (QABA), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), Invesco S&P SmallCap Financials ETF (PSCF) and iShares US Small Cap Value Factor ETF (SVAL). 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 5.18%. 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 42.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBSI will have a dividend payout ratio of 49.82% 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 shareholders include BlackRock Inc. (14.99%), Dimensional Fund Advisors LP (4.26%), State Street Corp (4.09%), Geode Capital Management LLC (1.90%), Renaissance Technologies LLC (1.66%) and Bank of New York Mellon Corp (1.38%). 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, Lawrence Lazelle Anderson, Lee R Gibson, Shannon Dacus, Suni M Davis, Susan Elaine Anderson, Tony K Morgan 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 $28.36. How much money does Southside Bancshares make? Southside Bancshares (NASDAQ:SBSI) has a market capitalization of $876.89 million and generates $293.84 million in revenue each year. The bank earns $105.02 million in net income (profit) each year or $3.33 on an earnings per share basis. How many employees does Southside Bancshares have? The company employs 809 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 6/3/2023 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. 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