NASDAQ:SBSI Southside Bancshares - SBSI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Southside Bancshares, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $34.13 +1.05 (+3.17%) (As of 03/20/2023 12:00 AM ET) Add Compare Share Share Today's Range$33.89▼$34.9350-Day Range$32.62▼$40.2052-Week Range$31.18▼$42.12Volume210,972 shsAverage Volume180,768 shsMarket Capitalization$1.07 billionP/E Ratio10.44Dividend Yield4.10%Price Target$40.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Southside Bancshares MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside18.7% Upside$40.50 Price TargetShort InterestBearish2.88% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.45Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings Growth-0.30%From $3.31 to $3.30 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.07 out of 5 starsFinance Sector653rd out of 876 stocksState Commercial Banks Industry155th out of 177 stocks 2.0 Analyst's Opinion Consensus RatingSouthside Bancshares has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $40.50, Southside Bancshares has a forecasted upside of 18.7% from its current price of $34.13.Amount of Analyst CoverageSouthside Bancshares has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.88% of the float of Southside Bancshares has been sold short.Short Interest Ratio / Days to CoverSouthside Bancshares has a short interest ratio ("days to cover") of 8.6.Change versus previous monthShort interest in Southside Bancshares has recently increased by 3.07%, indicating that investor sentiment is decreasing. Previous Next 5.0 Dividend Strength Dividend LeadershipSouthside Bancshares is a leading dividend payer. It pays a dividend yield of 4.23%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSouthside Bancshares has been increasing its dividend for 29 years.Dividend CoverageThe dividend payout ratio of Southside Bancshares is 42.81%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Southside Bancshares will have a dividend payout ratio of 42.42% next year. This indicates that Southside Bancshares will be able to sustain or increase its dividend. Previous Next 3.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSouthside Bancshares has received a 35.13% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Cash withdrawal services", "Wire transfer services", "Home equity loans", "Mortgages provided by brick and mortar banks", "Debit cards", and "Consumer savings accounts provided by brick and mortar banks" products. See details.Environmental SustainabilityThe Environmental Impact score for Southside Bancshares is -0.45. Previous Next 1.1 News and Social Media Coverage News SentimentSouthside Bancshares has a news sentiment score of -0.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Southside Bancshares this week, compared to 3 articles on an average week. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Southside Bancshares insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.70% of the stock of Southside Bancshares is held by insiders.Percentage Held by Institutions53.13% of the stock of Southside Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Southside Bancshares are expected to decrease by -0.30% in the coming year, from $3.31 to $3.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Southside Bancshares is 10.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Southside Bancshares is 10.44, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 144.63.Price to Book Value per Share RatioSouthside Bancshares has a P/B Ratio of 1.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Southside Bancshares (NASDAQ:SBSI) StockSouthside 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.Read More Receive SBSI Stock 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. Email Address SBSI Stock News HeadlinesMarch 15, 2023 | msn.comGround broken for new segment of BeltLine Southside TrailMarch 14, 2023 | msn.comShots fired into a vehicle in Southside, man arrestedMarch 21, 2023 | Health Sector Insight (Ad)Penny Stock Shows Big PotentialThe $4.37 trillion wellness market and the little-known penny stock to get on radar now. March 11, 2023 | msn.comVandals break pieces of all-accessible playground equipment at Southside Park in TylerMarch 10, 2023 | msn.comHere's when Wallbangers Burger Bar will open on Corpus Christi's SouthsideMarch 9, 2023 | bizjournals.comT. Dallas Smith: Atlanta brokers to focus on Southside communitiesMarch 5, 2023 | msn.comSouthside ISD holds first ever Mariachi Festival SaturdayMarch 3, 2023 | msn.comSouthside Garage has a spicy new food truck partner to serve up burritos, burgers, brunchMarch 21, 2023 | Health Sector Insight (Ad)Penny Stock Shows Big PotentialThe $4.37 trillion wellness market and the little-known penny stock to get on radar now. February 27, 2023 | msn.comSouthside High School holds Black History art contestFebruary 26, 2023 | msn.comCity of Southside releases 2040 strategic master plan draft, asking for resident feedbackFebruary 23, 2023 | bizjournals.comMichigan rehabilitation center buys Southside property from PGA TourFebruary 23, 2023 | msn.comMan arrested in January Southside gang-related killing in Jacksonville, another man killed in same area MondayFebruary 16, 2023 | msn.comA Trifecta of Coffee, Frozen Desserts, and Natural Wine Is Headed to the Southside TrailFebruary 15, 2023 | seekingalpha.comSouthside Bancshares: Outlook Of Subdued Earnings Growth Appears Priced-InFebruary 11, 2023 | msn.comJacksonville police investigating alleged burglary on the SouthsideFebruary 11, 2023 | msn.comSouthside students win robotics competitionFebruary 10, 2023 | msn.comSouthside Bancshares: Dividend InsightsFebruary 10, 2023 | finance.yahoo.comIs It Smart To Buy Southside Bancshares, Inc. (NASDAQ:SBSI) Before It Goes Ex-Dividend?January 30, 2023 | finance.yahoo.comSouthside Bancshares, Inc. (NASDAQ:SBSI) Q4 2022 Earnings Call TranscriptJanuary 27, 2023 | seekingalpha.comSouthside Bancshares, Inc. (SBSI) Q4 2022 Earnings Call TranscriptJanuary 27, 2023 | finance.yahoo.comSouthside Bancshares (SBSI) Q4 Earnings and Revenues Top EstimatesJanuary 27, 2023 | finance.yahoo.comSouthside Bancshares, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2022January 25, 2023 | nasdaq.comProsperity Bancshares (PB) Surpasses Q4 Earnings EstimatesJanuary 18, 2023 | finance.yahoo.comSouthside Bancshares, Inc. (NASDAQ:SBSI) is a favorite amongst institutional investors who own 54%January 14, 2023 | msn.comSuspected drunken driver hits fence, house in Fort Worth’s Southside neighborhood: policeJanuary 14, 2023 | msn.comNorthside capitalizes on Southside's miscues in easy winSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SBSI Stock 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. Email Address SBSI Company Calendar Last Earnings10/25/2021Ex-Dividend for 3/2 Dividend2/15/2023Dividend Payable3/02/2023Today3/20/2023Next Earnings (Estimated)4/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:SBSI CUSIP84470P10 CIK705432 Webwww.southside.com Phone(903) 531-7111Fax903-592-3692Employees809Year Founded1960Price Target and Rating Average Stock Price Forecast$40.50 High Stock Price Forecast$41.00 Low Stock Price Forecast$40.00 Forecasted Upside/Downside+18.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$3.27 Trailing P/E Ratio10.44 Forward P/E Ratio10.31 P/E GrowthN/ANet Income$105.02 million Net Margins35.74% Pretax Margin40.71% Return on Equity14.27% Return on Assets1.42% Debt Debt-to-Equity Ratio0.21 Current Ratio0.66 Quick Ratio0.66 Sales & Book Value Annual Sales$293.84 million Price / Sales3.65 Cash Flow$4.38 per share Price / Cash Flow7.80 Book Value$23.24 per share Price / Book1.47Miscellaneous Outstanding Shares31,390,000Free Float29,604,000Market Cap$1.07 billion OptionableOptionable Beta0.55 Social Links Key ExecutivesLee R. GibsonPresident, Chief Executive Officer & DirectorBrian K. McCabeChief Operating OfficerJulie N. ShamburgerChief Financial & Accounting OfficerSuni DavisChief Risk OfficerMark W. DrennanRegional PresidentKey CompetitorsEagle BancorpNASDAQ:EGBNLakeland BancorpNASDAQ:LBAIGerman American BancorpNASDAQ:GABC1st SourceNASDAQ:SRCEFirst BuseyNASDAQ:BUSEView All CompetitorsInsiders & InstitutionsVictory Capital Management Inc.Sold 12,838 shares on 3/10/2023Ownership: 0.900%Voya Investment Management LLCBought 4,925 shares on 2/28/2023Ownership: 0.130%Legal & General Group PlcBought 1,752 shares on 2/15/2023Ownership: 0.237%MetLife Investment Management LLCSold 631 shares on 2/15/2023Ownership: 0.050%Squarepoint Ops LLCSold 4,840 shares on 2/15/2023Ownership: 0.018%View All Insider TransactionsView All Institutional Transactions SBSI Stock - Frequently Asked Questions Should I buy or sell Southside Bancshares stock right now? 1 Wall Street 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 analysts is that investors should "hold" SBSI shares. 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 SBSI analyst ratings or view top-rated stocks. What is Southside Bancshares' stock price forecast for 2023? 1 analysts have issued 1 year target prices for Southside Bancshares' shares. Their SBSI share price forecasts range from $40.00 to $41.00. On average, they expect the company's stock price to reach $40.50 in the next twelve months. This suggests a possible upside of 18.7% from the stock's current price. View analysts price targets for SBSI or view top-rated stocks among Wall Street analysts. How have SBSI shares performed in 2023? Southside Bancshares' stock was trading at $35.99 at the beginning of 2023. Since then, SBSI stock has decreased by 5.2% and is now trading at $34.13. View the best growth stocks for 2023 here. When is Southside Bancshares' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023. View our SBSI earnings forecast. How were Southside Bancshares' earnings last quarter? Southside Bancshares, Inc. (NASDAQ:SBSI) issued its earnings results on Monday, October, 25th. The bank reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.25. The bank earned $64.36 million during the quarter, compared to the consensus estimate of $60.35 million. Southside Bancshares had a trailing twelve-month return on equity of 14.27% and a net margin of 35.74%. During the same period in the previous year, the firm earned $0.82 EPS. How often does Southside Bancshares pay dividends? What is the dividend yield for Southside Bancshares? Southside Bancshares declared a quarterly dividend on Thursday, February 2nd. Stockholders of record on Thursday, February 16th will be given a dividend of $0.35 per share on Thursday, March 2nd. This represents a $1.40 dividend on an annualized basis and a yield of 4.10%. The ex-dividend date of this dividend is Wednesday, February 15th. Read our dividend analysis for SBSI. What ETFs hold Southside Bancshares' stock? ETFs with the largest weight of Southside Bancshares (NASDAQ:SBSI) stock in their portfolio include VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), ProShares Russell 2000 Dividend Growers ETF (SMDV), ETC 6 Meridian Small Cap Equity ETF (SIXS), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P SmallCap Financials ETF (PSCF), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) and iShares US Small Cap Value Factor ETF (SVAL). Is Southside Bancshares a good dividend stock? Southside Bancshares (NASDAQ:SBSI) pays an annual dividend of $1.40 per share and currently has a dividend yield of 4.23%. SBSI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 29 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 42.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBSI will have a dividend payout ratio of 42.42% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SBSI. What is Lee R. Gibson's approval rating as Southside Bancshares' CEO? 17 employees have rated Southside Bancshares Chief Executive Officer Lee R. Gibson on Glassdoor.com. Lee R. Gibson has an approval rating of 53% among the company's 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), LadRx (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 a number of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (3.99%), Renaissance Technologies LLC (1.82%), Geode Capital Management LLC (1.80%), Gibson Wealth Advisors LLC (1.73%), Charles Schwab Investment Management Inc. (0.97%) and Victory Capital Management Inc. (0.88%). Insiders that own company stock include Brian K Mccabe, Cindy Blackstone, Donald W Thedford, Emily S Moore, Herbert C Buie, Jared C Green, John F Sammons Jr, John Robert Garrett, Julie Shamburger, Lawrence Lazelle Anderson, Lee R Gibson, Shannon Dacus, Suni M Davis, Susan Elaine Anderson, Tony K Morgan and William Sheehy. View institutional ownership trends. How do I buy shares of Southside Bancshares? Shares of SBSI stock 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 $34.13. How much money does Southside Bancshares make? Southside Bancshares (NASDAQ:SBSI) has a market capitalization of $1.07 billion and generates $293.84 million in revenue each year. The bank earns $105.02 million in net income (profit) each year or $3.27 on an earnings per share basis. How many employees does Southside Bancshares have? The company employs 809 workers across the globe. How can I contact Southside Bancshares? Southside Bancshares' mailing address is 1201 S. BECKHAM AVENUE, TYLER TX, 75701. The official website for the company is www.southside.com. The bank can be reached via phone at (903) 531-7111, via email at deborah.wilkinson@southside.com, or via fax at 903-592-3692. This page (NASDAQ:SBSI) was last updated on 3/21/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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