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NASDAQ:SBSISouthside Bancshares Stock Price, Forecast & News

$27.30
-1.55 (-5.37 %)
(As of 04/3/2020 04:00 PM ET)
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Today's Range
$26.81
Now: $27.30
$28.67
50-Day Range
$25.04
MA: $31.48
$36.60
52-Week Range
$23.74
Now: $27.30
$37.89
Volume150,300 shs
Average Volume151,818 shs
Market Capitalization$924.02 million
P/E Ratio12.41
Dividend Yield4.30%
Beta0.66
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 installment 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 trust services consisting of investment management, administration, and advisory services for individuals, partnerships, and corporations; safe deposit services; and brokerage services. The company operates through 59 branches and 40 motor bank facilities located in and around Arlington, Austin, Bullard, Chandler, Cleburne, Cleveland, Diboll, Euless, Flower Mound, Fort Worth, Frisco, Granbury, Grapevine, Gresham, Gun Barrel City, Hawkins, Hemphill, Irving, Jacksonville, Jasper, Lindale, Longview, Lufkin, Nacogdoches, Palestine, Pineland, San Augustine, Splendora, Tyler, Watauga, Weatherford, and Whitehouse; and a network of 83 automated teller machines, as well as wealth management and trust services, and/or loan production or other financial services offices. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 1.5Dividend Strength: 5.0Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.23 out of 5 stars


Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:SBSI
CUSIP84470P10
Phone903-531-7111

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$283.15 million
Cash Flow$2.55 per share
Book Value$23.83 per share

Profitability

Net Income$74.55 million

Miscellaneous

Employees820
Market Cap$924.02 million
Next Earnings Date4/24/2020 (Estimated)
OptionableOptionable

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Southside Bancshares (NASDAQ:SBSI) Frequently Asked Questions

How has Southside Bancshares' stock been impacted by COVID-19 (Coronavirus)?

Southside Bancshares' stock was trading at $27.82 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SBSI stock has decreased by 1.9% and is now trading at $27.30. View which stocks have been mosted impacted by Coronavirus.

When is Southside Bancshares' next earnings date?

Southside Bancshares is scheduled to release its next quarterly earnings announcement on Friday, April 24th 2020. View our earnings forecast for Southside Bancshares.

How were Southside Bancshares' earnings last quarter?

Southside Bancshares, Inc. (NASDAQ:SBSI) announced its earnings results on Friday, January, 31st. The bank reported $0.51 earnings per share for the quarter, missing analysts' consensus estimates of $0.55 by $0.04. The bank earned $55.68 million during the quarter, compared to the consensus estimate of $55.50 million. Southside Bancshares had a return on equity of 9.55% and a net margin of 26.33%. During the same period last year, the firm earned $0.50 EPS. View Southside Bancshares' earnings history.

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

Southside Bancshares declared a quarterly dividend on Thursday, February 6th. Stockholders of record on Thursday, February 20th will be paid a dividend of $0.31 per share on Thursday, March 5th. This represents a $1.24 annualized dividend and a dividend yield of 4.54%. The ex-dividend date of this dividend is Wednesday, February 19th. View Southside Bancshares' dividend history.

Has Southside Bancshares been receiving favorable news coverage?

News coverage about SBSI stock has trended very negative on Saturday, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Southside Bancshares earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutSouthside Bancshares.

Are investors shorting Southside Bancshares?

Southside Bancshares saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 2,489,400 shares, an increase of 9.7% from the February 27th total of 2,270,000 shares. Based on an average trading volume of 184,000 shares, the short-interest ratio is currently 13.5 days. Currently, 7.8% of the shares of the stock are short sold. View Southside Bancshares' Current Options Chain.

Who are some of Southside Bancshares' key competitors?

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 LP Unit (ET), AT&T (T), Anavex Life Sciences (AVXL), NGL Energy Partners (NGL), ResMed (RMD), Range Resources (RRC), THL Credit (TCRD), Dominion Energy (D), Ford Motor (F) and SandRidge Permian Trust (PER).

Who are Southside Bancshares' key executives?

Southside Bancshares' management team includes the following people:
  • Mr. Lee R. Gibson III, CPA, CPA, Pres, CEO & Director (Age 62)
  • Ms. Julie N. Shamburger CPA, CPA, Sr. EVP & CFO (Age 56)
  • Mr. Brian K. McCabe, Sr. EVP & COO (Age 58)
  • Mr. Timothy F. Alexander, Chief Lending Officer (Age 62)
  • Ms. Lindsey Bibby, VP & Investor Relations Officer

What is Southside Bancshares' stock symbol?

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

How do I buy shares of 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.

What is Southside Bancshares' stock price today?

One share of SBSI stock can currently be purchased for approximately $27.30.

How big of a company is Southside Bancshares?

Southside Bancshares has a market capitalization of $924.02 million and generates $283.15 million in revenue each year. The bank earns $74.55 million in net income (profit) each year or $2.20 on an earnings per share basis. Southside Bancshares employs 820 workers across the globe. View additional information about Southside Bancshares.

What is Southside Bancshares' official website?

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

How can I contact Southside Bancshares?

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]

This page was last updated on 4/4/2020 by MarketBeat.com Staff

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