NASDAQ:SBSI Southside Bancshares - SBSI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $39.61 +0.72 (+1.85%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$38.88▼$39.7750-Day Range$34.12▼$39.6152-Week Range$31.18▼$43.71Volume139,434 shsAverage Volume79,982 shsMarket Capitalization$1.27 billionP/E Ratio12.11Dividend Yield3.43%Price Target$40.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Southside Bancshares MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside2.2% Upside$40.50 Price TargetShort InterestBearish4.37% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.45Upright™ Environmental ScoreNews Sentiment0.51Based on 5 Articles This WeekInsider TradingSelling Shares$13,708 Sold Last QuarterProj. Earnings Growth1.23%From $3.26 to $3.30 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.1.94 out of 5 starsFinance Sector617th out of 854 stocksState Commercial Banks Industry138th out of 178 stocks 1.0 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 $40.50, Southside Bancshares has a forecasted upside of 2.2% from its current price of $39.61.Amount of Analyst CoverageSouthside Bancshares has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted4.37% 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 12.2, which indicates bearish sentiment.Change versus previous monthShort interest in Southside Bancshares has recently increased by 3.10%, indicating that investor sentiment is decreasing. Previous Next 4.2 Dividend Strength Dividend YieldSouthside Bancshares pays a meaningful dividend of 3.43%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSouthside Bancshares has been increasing its dividend for 28 years.Dividend CoverageThe dividend payout ratio of Southside Bancshares is 41.59%. 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 41.21% 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 2.5 News and Social Media Coverage News SentimentSouthside Bancshares has a news sentiment score of 0.51. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Southside Bancshares this week, compared to 3 articles on an average week.Search Interest1 people have searched for SBSI on MarketBeat in the last 30 days. 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 $13,708.00 in company stock.Percentage Held by InsidersOnly 5.70% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Southside Bancshares are expected to grow by 1.23% in the coming year, from $3.26 to $3.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Southside Bancshares is 12.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.06.Price to Earnings Ratio vs. SectorThe P/E ratio of Southside Bancshares is 12.11, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 183.17.Price to Book Value per Share RatioSouthside Bancshares has a P/B Ratio of 1.70. 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 HeadlinesFebruary 1, 2023 | americanbankingnews.comSouthside Bancshares (NASDAQ:SBSI) PT Raised to $40.00 at StephensJanuary 30, 2023 | finance.yahoo.comSouthside Bancshares, Inc. (NASDAQ:SBSI) Q4 2022 Earnings Call TranscriptFebruary 5, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 27, 2023 | seekingalpha.comSouthside Bancshares, Inc. (SBSI) Q4 2022 Earnings Call TranscriptJanuary 27, 2023 | finance.yahoo.comSouthside Bancshares (SBSI) Q4 Earnings and Revenues Top EstimatesJanuary 27, 2023 | finance.yahoo.comSouthside Bancshares, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2022January 25, 2023 | nasdaq.comProsperity Bancshares (PB) Surpasses Q4 Earnings EstimatesJanuary 18, 2023 | finance.yahoo.comSouthside Bancshares, Inc. (NASDAQ:SBSI) is a favorite amongst institutional investors who own 54%February 5, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 14, 2023 | msn.comSuspected drunken driver hits fence, house in Fort Worth’s Southside neighborhood: policeJanuary 14, 2023 | msn.comNorthside capitalizes on Southside's miscues in easy winJanuary 10, 2023 | msn.comTyler's Southside Park men's restroom closed after sink, toilet and urinal vandalizedJanuary 10, 2023 | msn.comSC high school basketball coaches poll: Dorman boys, Southside girls lead classificationJanuary 10, 2023 | msn.comSouthside man charged with manslaughter in fatal September crashJanuary 7, 2023 | msn.comACS rescues illegally-owned exotic animal from Southside homeJanuary 7, 2023 | msn.comHalifax Co. man goes on crime spree across the Southside, arrested in NC: PoliceJanuary 4, 2023 | msn.comSouthside High School art show Friday at Fort Smith Regional Art MuseumDecember 30, 2022 | msn.comSoli Organic bringing automated indoor farm concept to San Antonio's SouthsideDecember 30, 2022 | msn.comSouthside police ask for help locating missing teenDecember 21, 2022 | msn.comSouthside pupils learn of vital services provided by Glasgow food banks at ChristmasDecember 19, 2022 | msn.comSouthside pupils 'very glad' to collect 'fantastic haul' of food bank donationsDecember 18, 2022 | msn.comMultiple crashes in Jacksonville’s Southside leaves one dead and the off-ramp closedDecember 17, 2022 | msn.comOne bed flat with modern outhouse in Southside hits the market for just £74,000December 17, 2022 | finance.yahoo.comSouthside Bancshares (NASDAQ:SBSI) shareholders have endured a 13% loss from investing in the stock a year agoDecember 15, 2022 | msn.comSt. Mary's rebrands as St. Mary's Southside Catholic, teams up with the MarianistsDecember 14, 2022 | msn.comPolice looking for missing 89-year-old man on Jacksonville's SouthsideDecember 13, 2022 | msn.comSouthside ISD is offering free classes for parents in the communitySee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings10/25/2021Ex-Dividend for 12/8 Dividend11/22/2022Dividend Payable12/08/2022Today2/05/2023Ex-Dividend for 3/2 Dividend2/15/2023Dividend Payable3/02/2023Next Earnings (Estimated)4/25/2023Fiscal 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$40.50 High Stock Price Forecast$41.00 Low Stock Price Forecast$40.00 Forecasted Upside/Downside+2.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$3.27 Trailing P/E Ratio12.11 Forward P/E Ratio12.15 P/E GrowthN/ANet Income$105.02 million Net Margins35.74% Pretax Margin40.71% Return on Equity14.27% Return on Assets1.42% Debt Debt-to-Equity Ratio0.72 Current Ratio0.70 Quick Ratio0.70 Sales & Book Value Annual Sales$293.84 million Price / Sales4.33 Cash Flow$3.40 per share Price / Cash Flow11.66 Book Value$23.24 per share Price / Book1.70Miscellaneous Outstanding Shares32,100,000Free Float30,275,000Market Cap$1.27 billion OptionableOptionable Beta0.55 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 Competitors1st SourceNASDAQ:SRCELakeland BancorpNASDAQ:LBAIGerman American BancorpNASDAQ:GABCFirst BuseyNASDAQ:BUSEPreferred BankNASDAQ:PFBCView All CompetitorsInsiders & InstitutionsFisher Asset Management LLCBought 5,456 shares on 2/3/2023Ownership: 0.209%ProShare Advisors LLCBought 45,580 shares on 2/2/2023Ownership: 0.805%Zurcher Kantonalbank Zurich Cantonalbank Bought 1,764 shares on 2/1/2023Ownership: 0.016%Hamilton Point Investment Advisors LLCBought 716 shares on 1/30/2023Ownership: 0.183%Versor Investments LPBought 4,200 shares on 1/30/2023Ownership: 0.052%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 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 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 brokerages have issued 12-month target prices for Southside Bancshares' shares. Their SBSI share price forecasts range from $40.00 to $41.00. On average, they predict the company's share price to reach $40.50 in the next year. This suggests a possible upside of 2.2% 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 shares have increased by 10.1% and is now trading at $39.61. 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, April 25th 2023. View our SBSI earnings forecast. How were Southside Bancshares' earnings last quarter? Southside Bancshares, Inc. (NASDAQ:SBSI) posted its quarterly earnings results on Monday, October, 25th. The bank reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.25. The bank earned $64.36 million during the quarter, compared to analyst estimates of $60.35 million. Southside Bancshares had a net margin of 35.74% and a trailing twelve-month return on equity of 14.27%. During the same period in the prior year, the firm posted $0.82 EPS. How often does Southside Bancshares pay dividends? What is the dividend yield for Southside Bancshares? Southside Bancshares declared a quarterly dividend on Thursday, February 2nd. Stockholders of record on Thursday, February 16th will be paid a dividend of $0.35 per share on Thursday, March 2nd. This represents a $1.40 annualized dividend and a dividend yield of 3.53%. The ex-dividend date is Wednesday, February 15th. Read our dividend analysis for SBSI. Is Southside Bancshares a good dividend stock? Southside Bancshares (NASDAQ:SBSI) pays an annual dividend of $1.36 per share and currently has a dividend yield of 3.43%. The company has been increasing its dividend for 28 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 41.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBSI will have a dividend payout ratio of 41.21% 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 number of retail and institutional investors. Top institutional investors include ProShare Advisors LLC (0.80%), Fisher Asset Management LLC (0.21%), Hamilton Point Investment Advisors LLC (0.18%), Naples Global Advisors LLC (0.07%), Yousif Capital Management LLC (0.06%) and Comerica Bank (0.06%). 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 $39.61. How much money does Southside Bancshares make? Southside Bancshares (NASDAQ:SBSI) has a market capitalization of $1.27 billion and generates $293.84 million in revenue each year. The bank earns $105.02 million in net income (profit) each year or $3.27 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 2/5/2023 by MarketBeat.com Staff 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. 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