NASDAQ:SBSI - Southside Bancshares Stock Price, News, & Analysis

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

Southside Bancshares declared a quarterly dividend on Friday, November 9th. Shareholders of record on Thursday, November 22nd will be given a dividend of $0.30 per share on Thursday, December 6th. This represents a $1.20 annualized dividend and a dividend yield of 3.72%. The ex-dividend date is Tuesday, November 20th. View Southside Bancshares' Dividend History.

Southside Bancshares, Inc. (NASDAQ:SBSI) announced its quarterly earnings results on Friday, October, 26th. The bank reported $0.58 EPS for the quarter, missing the Zacks' consensus estimate of $0.61 by $0.03. The bank had revenue of $54.82 million for the quarter, compared to the consensus estimate of $56.10 million. Southside Bancshares had a return on equity of 9.25% and a net margin of 25.71%. View Southside Bancshares' Earnings History.

Southside Bancshares is scheduled to release their next quarterly earnings announcement on Tuesday, February 5th 2019. View Earnings Estimates for Southside Bancshares.

1 equities research analysts have issued 12 month price targets for Southside Bancshares' shares. Their predictions range from $37.00 to $37.00. On average, they anticipate Southside Bancshares' share price to reach $37.00 in the next year. This suggests a possible upside of 14.8% from the stock's current price. View Analyst Price Targets for Southside Bancshares.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southside Bancshares in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Southside Bancshares.

Headlines about SBSI stock have been trending somewhat positive recently, InfoTrie reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of 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 1.4 on InfoTrie's scale. They also assigned press coverage about the bank a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term.

Some companies that are related to Southside Bancshares include Western Alliance Bancorporation (WAL), First Financial Bankshares (FFIN), Investors Bancorp (ISBC), Wintrust Financial (WTFC), IBERIABANK (IBKC), Glacier Bancorp (GBCI), Associated Banc (ASB), United Bankshares (UBSI), First Hawaiian (FHB), Chemical Financial (CHFC), Bank of Hawaii (BOH), Home Bancshares (HOMB), CVB Financial (CVBF), Cathay General Bancorp (CATY) and Bank Ozk (OZK).

Southside Bancshares' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.50%), Vanguard Group Inc. (4.96%), Vanguard Group Inc (4.96%), Dimensional Fund Advisors LP (4.45%), Renaissance Technologies LLC (3.38%) and Handelsbanken Fonder AB (1.71%). Company insiders that own Southside Bancshares stock include Alton Cade Jr, Brian K Mccabe, John Robert Garrett, Julie Shamburger, Michael J Bosworth, Peter M Boyd, Tim Carter, Timothy F Alexander 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 Tributary Capital Management LLC, Creative Planning, JPMorgan Chase & Co., Fisher Asset Management LLC, King Luther Capital Management Corp, Citadel Advisors LLC, TIAA CREF Investment Management LLC and Russell Investments Group Ltd.. Company insiders that have sold Southside Bancshares company stock in the last year include Brian K Mccabe, Peter M Boyd and Timothy F Alexander. 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., Walthausen & Co. LLC, Renaissance Technologies LLC, Vanguard Group Inc, Vanguard Group Inc., Bank of New York Mellon Corp, Handelsbanken Fonder AB and 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 $32.24.

Southside Bancshares has a market capitalization of $1.14 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.

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

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]