S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
NASDAQ:SBSI

Southside Bancshares Stock Forecast, Price & News

$44.62
+0.40 (+0.90%)
(As of 01/14/2022 12:00 AM ET)
Add
Compare
Today's Range
$43.61
$44.72
50-Day Range
$39.98
$44.96
52-Week Range
$30.98
$45.36
Volume
57,022 shs
Average Volume
73,530 shs
Market Capitalization
$1.44 billion
P/E Ratio
12.82
Dividend Yield
2.96%
Beta
0.58
30 days | 90 days | 365 days | Advanced Chart
Receive SBSI 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.


Southside Bancshares logo

About Southside Bancshares

Southside 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.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:SBSI
CUSIP
84470P10
Employees
832
Year Founded
1960

Sales & Book Value

Annual Sales
$281.56 million
Cash Flow
$3.58 per share
Book Value
$26.47 per share

Profitability

Net Income
$82.15 million
Pretax Margin
49.24%

Debt

Price-To-Earnings

Miscellaneous

Free Float
30,565,000
Market Cap
$1.44 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/25/2021
Ex-Dividend for 12/9 Dividend
11/23/2021
Dividend Payable
12/09/2021
Today
1/17/2022
Next Earnings (Estimated)
1/26/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.24 out of 5 stars

Finance Sector

447th out of 1,349 stocks

State Commercial Banks Industry

90th out of 233 stocks

Analyst Opinion: 1.0Community Rank: 2.9Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -












Southside Bancshares (NASDAQ:SBSI) Frequently Asked Questions

Is Southside Bancshares a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Southside Bancshares in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Southside Bancshares stock. 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 analyst ratings for Southside Bancshares
or view top-rated stocks.

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

Southside Bancshares' stock was trading at $27.82 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SBSI stock has increased by 60.4% and is now trading at $44.62.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Southside Bancshares?

Southside Bancshares saw a drop in short interest in the month of December. As of December 31st, there was short interest totaling 421,800 shares, a drop of 20.3% from the December 15th total of 529,200 shares. Based on an average daily volume of 99,000 shares, the short-interest ratio is currently 4.3 days. Currently, 1.4% of the shares of the company are sold short.
View Southside Bancshares' Short Interest
.

When is Southside Bancshares' next earnings date?

Southside Bancshares is scheduled to release its next quarterly earnings announcement on Wednesday, January 26th 2022.
View our earnings forecast for Southside Bancshares
.

How were Southside Bancshares' earnings last quarter?

Southside Bancshares, Inc. (NASDAQ:SBSI) issued its quarterly earnings results on Monday, October, 25th. The bank reported $0.90 EPS for the quarter, topping the consensus estimate of $0.65 by $0.25. The bank had revenue of $64.36 million for the quarter, compared to analyst estimates of $60.35 million. Southside Bancshares had a trailing twelve-month return on equity of 13.11% and a net margin of 42.91%. During the same quarter in the prior year, the business posted $0.82 earnings per share.
View Southside Bancshares' earnings history
.

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

Southside Bancshares announced a None dividend on Thursday, November 4th. Investors of record on Wednesday, November 24th will be given a dividend of $0.39 per share on Thursday, December 9th. This represents a dividend yield of 3%. The ex-dividend date is Tuesday, November 23rd. This is a boost from Southside Bancshares's previous None dividend of $0.37.
View Southside Bancshares' dividend history
.

Is Southside Bancshares a good dividend stock?

Southside Bancshares pays an annual dividend of $1.32 per share and currently has a dividend yield of 2.96%. Southside Bancshares 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 of Southside Bancshares is 37.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Southside Bancshares will have a dividend payout ratio of 45.83% next year. This indicates that Southside Bancshares will be able to sustain or increase its dividend.
View Southside Bancshares' dividend history.

What price target have analysts set for SBSI?

2 brokerages have issued 12 month price targets for Southside Bancshares' shares. Their forecasts range from $34.82 to $45.00. On average, they anticipate Southside Bancshares' stock price to reach $39.91 in the next twelve months. This suggests that the stock has a possible downside of 10.6%.
View analysts' price targets for Southside Bancshares
or view top-rated stocks among Wall Street analysts.

Who are Southside Bancshares' key executives?

Southside Bancshares' management team includes the following people:

What is Lee R. Gibson's approval rating as Southside Bancshares' CEO?

17 employees have rated Southside Bancshares CEO Lee R. Gibson on Glassdoor.com. Lee R. Gibson has an approval rating of 53% among Southside Bancshares' 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), CytRx (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 many different retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.07%). Company insiders that own Southside Bancshares stock include Brian K Mccabe, Cindy Blackstone, Donald W Thedford, Emily S Moore, Herbert C Buie, Jared C Green, John Robert Garrett, Julie Shamburger, Lawrence Lazelle Anderson, Lee R Gibson, Shannon Dacus, Suni M Davis, Tony K Morgan and William Sheehy.
View institutional ownership trends for Southside Bancshares
.

Which major investors are selling Southside Bancshares stock?

SBSI stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have sold Southside Bancshares company stock in the last year include Brian K Mccabe, Cindy Blackstone, Emily S Moore, Jared C Green, Julie Shamburger, Lee R Gibson, and Suni M Davis.
View insider buying and selling activity for Southside Bancshares
or view top insider-selling stocks.

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 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 $44.62.

How much money does Southside Bancshares make?

Southside Bancshares has a market capitalization of $1.44 billion and generates $281.56 million in revenue each year. The bank earns $82.15 million in net income (profit) each year or $3.48 on an earnings per share basis.

How many employees does Southside Bancshares have?

Southside Bancshares employs 832 workers across the globe.

When was Southside Bancshares founded?

Southside Bancshares was founded in 1960.

What is Southside Bancshares' official website?

The official website for Southside Bancshares is www.southside.com.

Where are Southside Bancshares' headquarters?

Southside Bancshares is headquartered at 1201 S. BECKHAM AVENUE, TYLER TX, 75701.

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, via email at [email protected], or via fax at 903-592-3692.


This page was last updated on 1/17/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.