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 paid a dividend of $0.30 per share on Thursday, June 7th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.50%. The ex-dividend date is Wednesday, May 23rd. This is an increase from Southside Bancshares's previous quarterly dividend of $0.28. View Southside Bancshares' Dividend History.

Southside Bancshares, Inc. (NASDAQ:SBSI) released its quarterly earnings results on Tuesday, May, 1st. The bank reported $0.46 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.57 by $0.11. The bank earned $56.77 million during the quarter, compared to the consensus estimate of $56.44 million. Southside Bancshares had a return on equity of 8.91% and a net margin of 23.43%. 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 Friday, July, 27th 2018. View Earnings Estimates for Southside Bancshares.

2 brokerages have issued 1-year price targets for Southside Bancshares' stock. Their predictions range from $37.00 to $37.00. On average, they expect Southside Bancshares' share price to reach $37.00 in the next year. This suggests a possible upside of 7.9% from the stock's current price. View Analyst Ratings for Southside Bancshares.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southside Bancshares in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

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

Media coverage about SBSI stock has been trending positive recently, according to Accern Sentiment. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Southside Bancshares earned a media sentiment score of 0.29 on Accern's scale. They also assigned media coverage about the bank an impact score of 46.29 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Southside Bancshares' stock is owned by a number of of retail and institutional investors. Top institutional investors include Handelsbanken Fonder AB (1.63%) and Fisher Asset Management LLC (0.14%). 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 Fisher Asset Management LLC. 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 bought by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB. 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 $34.30.

Southside Bancshares has a market capitalization of $1.20 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]