NASDAQ:SBSI - Southside Bancshares Stock Price, Price Target & More

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

Southside Bancshares declared a quarterly dividend on Thursday, April 26th. Investors of record on Thursday, May 24th will be given a dividend of $0.30 per share on Thursday, June 7th. This represents a $1.20 dividend on an annualized basis and a yield of 3.45%. The ex-dividend date of this dividend is Wednesday, May 23rd. This is a positive change from Southside Bancshares's previous quarterly dividend of $0.28. View Southside Bancshares' Dividend History.

Southside Bancshares, Inc. (NASDAQ:SBSI) released its earnings results on Tuesday, May, 1st. The bank reported $0.46 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.57 by $0.11. The bank earned $56.77 million during the quarter, compared to analysts' expectations of $56.44 million. Southside Bancshares had a net margin of 23.43% and a return on equity of 8.91%. The business's quarterly revenue was up 9.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.51 EPS. View Southside Bancshares' Earnings History.

Southside Bancshares is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Southside Bancshares.

2 analysts have issued 1-year target prices for Southside Bancshares' shares. Their forecasts range from $37.00 to $37.00. On average, they anticipate Southside Bancshares' share price to reach $37.00 in the next year. View Analyst Ratings for Southside Bancshares.

Some companies that are related to Southside Bancshares include Associated Banc (ASB), Popular (BPOP), Texas Capital Bancshares (TCBI), Iberiabank (IBKC), Hancock (HBHC), First Hawaiian Bank (FHB), Chemical Financial (CHFC), Investors Bank (ISBC), Home Bancshares (HOMB), United Bankshares (UBSI), First Financial Bankshares (FFIN), Bank of Hawaii (BOH), Cathay General Bancorp (CATY), Glacier Bancorp (GBCI) and South State (SSB).

Headlines about SBSI stock have trended somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Southside Bancshares earned a media sentiment score of 0.22 on Accern's scale. They also assigned news stories about the bank an impact score of 45.91 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Southside Bancshares' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.31%), Dimensional Fund Advisors LP (3.94%), Northern Trust Corp (1.55%), Handelsbanken Fonder AB (1.55%), Handelsbanken Fonder AB (1.55%) and American Century Companies Inc. (0.84%). Company insiders that own Southside Bancshares stock include Alton Cade Jr, Brian K Mccabe, John Robert Garrett, Julie Shamburger, Michael J Bosworth, Patricia Ann Callan, Peter M Boyd, Tim Carter 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 American Century Companies Inc., Royal Bank of Canada, JPMorgan Chase & Co., Sei Investments Co., BNP Paribas Arbitrage SA, Citadel Advisors LLC, Dimensional Fund Advisors LP and American International Group Inc.. Company insiders that have sold Southside Bancshares company stock in the last year include Brian K Mccabe, Michael J Bosworth, Peter M Boyd and Tim Carter. View Insider Buying and Selling for Southside Bancshares.

SBSI stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Handelsbanken Fonder AB, Handelsbanken Fonder AB, Millennium Management LLC, Chatham Capital Group Inc., Virginia Retirement Systems ET AL, Susquehanna Fundamental Investments LLC and Pitcairn Co.. Company insiders that have bought Southside Bancshares stock in the last two years include 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, Scottrade, Fidelity and Charles Schwab.

One share of SBSI stock can currently be purchased for approximately $34.81.

Southside Bancshares has a market capitalization of $1.21 billion and generates $224.95 million in revenue each year. The bank earns $54.31 million in net income (profit) each year or $1.89 on an earnings per share basis. Southside Bancshares employs 855 workers across the globe.

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]