Southside Bancshares Stock Forecast, Price & News

1 Wall Street equities research 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 equities 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.

Wall Street analysts have given Southside Bancshares a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Southside Bancshares wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Southside Bancshares is scheduled to release its next quarterly earnings announcement on Wednesday, July 28th 2021.
View our earnings forecast for Southside Bancshares.

Southside Bancshares, Inc. (NASDAQ:SBSI) posted its quarterly earnings results on Thursday, April, 22nd. The bank reported $1.04 EPS for the quarter, topping the consensus estimate of $0.69 by $0.35. The bank earned $62.87 million during the quarter, compared to analysts' expectations of $59.85 million. Southside Bancshares had a trailing twelve-month return on equity of 13.32% and a net margin of 41.21%. During the same quarter in the prior year, the company posted $0.12 earnings per share.
View Southside Bancshares' earnings history.

Southside Bancshares' stock was trading at $27.82 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SBSI stock has increased by 41.4% and is now trading at $39.35.
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Southside Bancshares announced a quarterly dividend on Thursday, May 6th. Shareholders of record on Thursday, May 20th will be paid a dividend of $0.33 per share on Thursday, June 3rd. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date is Wednesday, May 19th. This is a positive change from Southside Bancshares's previous quarterly dividend of $0.32.
View Southside Bancshares' dividend history.

Southside Bancshares pays an annual dividend of $1.32 per share and currently has a dividend yield of 3.29%. Southside Bancshares has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Southside Bancshares is 53.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Southside Bancshares will have a dividend payout ratio of 48.18% next year. This indicates that Southside Bancshares will be able to sustain or increase its dividend.
View Southside Bancshares' dividend history.

1 analysts have issued 1 year price targets for Southside Bancshares' stock. Their forecasts range from $30.00 to $30.00. On average, they anticipate Southside Bancshares' stock price to reach $30.00 in the next year. This suggests that the stock has a possible downside of 23.8%.
View analysts' price targets for Southside Bancshares or view top-rated stocks among Wall Street analysts.

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.

Some companies that are related to Southside Bancshares include The PNC Financial Services Group (PNC), Truist Financial (TFC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), First Horizon (FHN), Zions Bancorporation, National Association (ZION) and Commerce Bancshares (CBSH).
View all of SBSI's competitors.

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).

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

Southside Bancshares' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.87%), Dimensional Fund Advisors LP (4.02%), Renaissance Technologies LLC (2.39%), Geode Capital Management LLC (1.72%), Northern Trust Corp (1.43%) and Bank of New York Mellon Corp (1.29%). Company insiders that own Southside Bancshares stock include Brian K Mccabe, Donald W Thedford, Emily S Moore, Jared C Green, John F Sammons, Jr, John Robert Garrett, Julie Shamburger, Lawrence Lazelle Anderson, Lee R Gibson, Shannon Dacus, Suni M Davis 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 Renaissance Technologies LLC, Northern Trust Corp, Dimensional Fund Advisors LP, Morgan Stanley, King Luther Capital Management Corp, Alliancebernstein L.P., GSA Capital Partners LLP, and Credit Suisse AG. Company insiders that have sold Southside Bancshares company stock in the last year include Brian K Mccabe, Emily S Moore, Jared C Green, Julie Shamburger, Lawrence Lazelle Anderson, Lee R Gibson, and Suni M Davis.
View insider buying and selling activity for Southside Bancshares or view top insider-selling stocks.

SBSI stock was acquired by a variety of institutional investors in the last quarter, including MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income, Goldman Sachs Group Inc., Royal Bank of Canada, Victory Capital Management Inc., AQR Capital Management LLC, Geode Capital Management LLC, JPMorgan Chase & Co., and Citadel Advisors LLC. Company insiders that have bought Southside Bancshares stock in the last two years include Donald W Thedford, John F Sammons, Jr, John Robert Garrett, Shannon Dacus, and Tony K Morgan.
View insider buying and selling activity for Southside Bancshares or or view top insider-buying stocks.

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.
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One share of SBSI stock can currently be purchased for approximately $39.35.

Southside Bancshares has a market capitalization of $1.28 billion and generates $281.56 million in revenue each year. The bank earns $82.15 million in net income (profit) each year or $2.49 on an earnings per share basis.

Southside Bancshares employs 832 workers across the globe.

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

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

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]