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

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$33.36 +0.11 (+0.33 %)
(As of 11/16/2018 04:00 PM ET)
Previous Close$33.36
Today's Range$33.04 - $33.51
52-Week Range$29.28 - $37.54
Volume169,977 shs
Average Volume122,746 shs
Market Capitalization$1.15 billion
P/E Ratio17.65
Dividend Yield3.68%
Beta0.84
Southside Bancshares, Inc. operates as the bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. Its deposit products include savings, money market, and interest and noninterest bearing checking accounts, as well as certificates of deposit. The company's loan portfolio comprises consumer loans that include 1-4 family residential loans, home equity loans, home improvement loans, automobile loans, and other installment loans; commercial loans, such as short-term working capital loans for inventory and accounts receivable, short and medium-term loans for equipment or other business capital expansion, commercial real estate loans, and municipal loans; and construction loans for 1-4 family residential and commercial real estate. It also offers trust services consisting of investment management, administration, and advisory services for individuals, partnerships, and corporations; safe deposit services; and brokerage services. The company operates through 60 branches and 40 motor bank facilities located in Tyler, Longview, Lindale, Gresham, Jacksonville, Bullard, Chandler, Hawkins, Palestine, Gun Barrel City, Whitehouse, Fort Worth, Arlington, Cleburne, Euless, Flower Mound, Frisco, Granbury, Grapevine, Irving, Watauga, Weatherford, Austin, Diboll, Lufkin, Nacogdoches, Cleveland, Splendora, Jasper, Pineland, Hemphill, and San Augustine; and a network of approximately 84 automated teller machines, as well as trust services, and/or loan production or other financial services offices. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:SBSI
Previous Symbol
CUSIP84470P10
Phone903-531-7111

Debt

Debt-to-Equity Ratio0.21
Current Ratio0.67
Quick Ratio0.67

Price-To-Earnings

Trailing P/E Ratio17.65
Forward P/E Ratio15.23
P/E GrowthN/A

Sales & Book Value

Annual Sales$224.95 million
Price / Sales5.21
Cash Flow$2.4766 per share
Price / Cash13.47
Book Value$21.40 per share
Price / Book1.56

Profitability

EPS (Most Recent Fiscal Year)$1.89
Net Income$54.31 million
Net Margins25.71%
Return on Equity9.25%
Return on Assets1.10%

Miscellaneous

Employees855
Outstanding Shares35,160,000
Market Cap$1.15 billion
OptionableOptionable

Southside Bancshares (NASDAQ:SBSI) Frequently Asked Questions

What is Southside Bancshares' stock symbol?

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

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

Southside Bancshares announced a quarterly dividend on Friday, November 9th. Stockholders of record on Thursday, November 22nd will be paid a dividend of $0.30 per share on Thursday, December 6th. This represents a $1.20 annualized dividend and a dividend yield of 3.60%. The ex-dividend date is Tuesday, November 20th. View Southside Bancshares' Dividend History.

How were Southside Bancshares' earnings last quarter?

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

When is Southside Bancshares' next earnings date?

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

What price target have analysts set for SBSI?

1 brokers have issued 1 year price targets 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. This suggests a possible upside of 10.9% from the stock's current price. View Analyst Price Targets for Southside Bancshares.

What is the consensus analysts' recommendation 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.

Has Southside Bancshares been receiving favorable news coverage?

Media headlines about SBSI stock have trended positive on Saturday, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by monitoring 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 news impact score of 2.2 on InfoTrie's scale. They also gave news stories about the bank a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the near future.

Who are some of Southside Bancshares' key competitors?

Who are Southside Bancshares' key executives?

Southside Bancshares' management team includes the folowing people:
  • Mr. Lee R. Gibson III, CPA, CPA, Pres, CEO & Director (Age 61)
  • Ms. Julie N. Shamburger CPA, Sr. EVP & CFO (Age 55)
  • Mr. Brian K. McCabe, Sr. EVP & COO (Age 57)
  • Mr. Earl W. Clawater III, Sr. EVP, Chief Credit Officer & Advisory Director of Southside Bank (Age 64)
  • Mr. Timothy F. Alexander, Chief Lending Officer (Age 61)

Who are Southside Bancshares' major shareholders?

Southside Bancshares' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.50%), Dimensional Fund Advisors LP (4.45%), Renaissance Technologies LLC (3.38%), Handelsbanken Fonder AB (1.71%), Handelsbanken Fonder AB (1.71%) and Bank of New York Mellon Corp (1.44%). 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.

Which major investors are selling Southside Bancshares stock?

SBSI stock was sold by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC, Creative Planning, JPMorgan Chase & Co., JPMorgan Chase & Co., Fisher Asset Management LLC, King Luther Capital Management Corp, Citadel Advisors LLC and TIAA CREF Investment 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 Timothy F Alexander. View Insider Buying and Selling for Southside Bancshares.

Which major investors are buying Southside Bancshares stock?

SBSI stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Walthausen & Co. LLC, Renaissance Technologies LLC, Bank of New York Mellon Corp, Handelsbanken Fonder AB, Handelsbanken Fonder AB, Keel Point LLC and Dimensional Fund Advisors LP. 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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Southside Bancshares' stock price today?

One share of SBSI stock can currently be purchased for approximately $33.36.

How big of a company is Southside Bancshares?

Southside Bancshares has a market capitalization of $1.15 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.

What is Southside Bancshares' official website?

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

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 or via email at [email protected]


MarketBeat Community Rating for Southside Bancshares (NASDAQ SBSI)

Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  104 (Vote Outperform)
Underperform Votes:  246 (Vote Underperform)
Total Votes:  350
MarketBeat's community ratings are surveys of what our community members think about Southside Bancshares and other stocks. Vote "Outperform" if you believe SBSI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SBSI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/17/2018 by MarketBeat.com Staff

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