S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
pixel
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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NASDAQ:SBSI

Southside Bancshares Stock Forecast, Price & News

$38.49
+1.31 (+3.52 %)
(As of 03/5/2021 12:00 AM ET)
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Today's Range
$37.42
Now: $38.49
$38.61
50-Day Range
$31.37
MA: $33.81
$37.18
52-Week Range
$23.51
Now: $38.49
$38.61
Volume257,705 shs
Average Volume125,956 shs
Market Capitalization$1.26 billion
P/E Ratio18.33
Dividend Yield3.48%
Beta0.61
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 consumer related 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. As of September 30, 2020, the company operated through 57 banking facilities and 80 ATMs/ITMs. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.
Southside Bancshares logo

Headlines

EDEN Lounge to open in Southside near 20 Midtown
March 4, 2021 |  bizjournals.com
Southside Boxing gym reopens
March 2, 2021 |  msn.com
Southside apartment complex sells for $13M
February 26, 2021 |  bizjournals.com
Southside retail center sells for more than $6M
February 24, 2021 |  bizjournals.com
See More Headlines

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:SBSI
CUSIP84470P10
Phone903-531-7111
Employees832
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$283.15 million
Cash Flow$2.99 per share
Book Value$23.83 per share

Profitability

Net Income$74.55 million

Miscellaneous

Market Cap$1.26 billion
Next Earnings Date5/4/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.71 out of 5 stars

Finance Sector

447th out of 1,940 stocks

State Commercial Banks Industry

90th out of 310 stocks

Analyst Opinion: 1.0Community Rank: 1.5Dividend Strength: 3.3Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -
$38.49
+1.31 (+3.52 %)
(As of 03/5/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Southside Bancshares (NASDAQ:SBSI) Frequently Asked Questions

Is Southside Bancshares a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southside Bancshares in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street 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.

What stocks does MarketBeat like better than Southside Bancshares?

Wall Street analysts have given Southside Bancshares a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Southside Bancshares wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Southside Bancshares' next earnings date?

Southside Bancshares is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for Southside Bancshares
.

How were Southside Bancshares' earnings last quarter?

Southside Bancshares, Inc. (NASDAQ:SBSI) released its quarterly earnings data on Tuesday, January, 26th. The bank reported $0.89 earnings per share for the quarter, topping analysts' consensus estimates of $0.64 by $0.25. The bank had revenue of $62.80 million for the quarter, compared to analysts' expectations of $60.40 million. Southside Bancshares had a net margin of 24.55% and a trailing twelve-month return on equity of 8.68%. The firm's quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter last year, the business posted $0.51 earnings per share.
View Southside Bancshares' earnings history
.

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

Southside Bancshares' stock was trading at $27.82 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SBSI shares have increased by 38.4% and is now trading at $38.49.
View which stocks have been most impacted by COVID-19
.

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

Southside Bancshares announced a quarterly dividend on Thursday, February 4th. Investors of record on Thursday, February 18th will be paid a dividend of $0.32 per share on Thursday, March 4th. This represents a $1.28 annualized dividend and a dividend yield of 3.33%. The ex-dividend date is Wednesday, February 17th. This is an increase from Southside Bancshares's previous quarterly dividend of $0.31.
View Southside Bancshares' dividend history
.

Is Southside Bancshares a good dividend stock?

Southside Bancshares pays an annual dividend of $1.28 per share and currently has a dividend yield of 3.48%. 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 58.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Southside Bancshares will have a dividend payout ratio of 56.39% 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 brokers have issued 12 month price objectives for Southside Bancshares' shares. Their forecasts range from $29.00 to $30.00. On average, they anticipate Southside Bancshares' share price to reach $29.50 in the next year. This suggests that the stock has a possible downside of 23.4%.
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:
  • Mr. Lee R. Gibson III, CPA, CPA, Pres, CEO & Director (Age 64, Pay $875.53k)
  • Ms. Julie N. Shamburger CPA, CPA, Chief Financial Officer (Age 58, Pay $484.45k)
  • Mr. Brian K. McCabe, Chief Operations Officer (Age 60, Pay $384.85k)
  • Lindsey Bailes CPA, VP & Investor Relations Officer
  • Vonna Crowley, Sr. VP & Compliance Officer
  • Mr. Tim H. Carter, Exec. VP (Age 66)
  • Suni Davis CPA, Chief Risk Officer
  • Mr. Joe C. Denman III, Exec. VP
  • Anne Martinez, Exec. VP & Sr. Loan Review Officer
  • Ms. Sandi Hegwood CPA, Sr. VP & Chief Audit Exec.

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.

Who are some of Southside Bancshares' key competitors?

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 a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.59%), Dimensional Fund Advisors LP (4.21%), Renaissance Technologies LLC (2.79%), Northern Trust Corp (1.72%), Bank of New York Mellon Corp (1.25%) and ProShare Advisors LLC (0.90%). Company insiders that own Southside Bancshares stock include Brian K Mccabe, Donald W Thedford, John F Sammons, Jr, John Robert Garrett, Julie Shamburger, Lawrence Lazelle Anderson, Lee R Gibson, Shannon Dacus and Tony K Morgan.
View institutional ownership trends for Southside Bancshares
.

Which institutional investors are selling Southside Bancshares stock?

SBSI stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Dimensional Fund Advisors LP, Squarepoint Ops LLC, Bank of New York Mellon Corp, Dynamic Technology Lab Private Ltd, Northern Trust Corp, Creative Planning, and Principal Financial Group Inc.. Company insiders that have sold Southside Bancshares company stock in the last year include Julie Shamburger, Lawrence Lazelle Anderson, and Lee R Gibson.
View insider buying and selling activity for Southside Bancshares
or view top insider-selling stocks.

Which institutional investors are buying Southside Bancshares stock?

SBSI stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Morgan Stanley, First Trust Advisors LP, GSA Capital Partners LLP, ProShare Advisors LLC, HighTower Advisors LLC, and Alliancebernstein L.P.. 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.

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 $38.49.

How much money does Southside Bancshares make?

Southside Bancshares has a market capitalization of $1.26 billion and generates $283.15 million in revenue each year. The bank earns $74.55 million in net income (profit) each year or $2.20 on an earnings per share basis.

How many employees does Southside Bancshares have?

Southside Bancshares employs 832 workers across the globe.

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 or via email at [email protected]


This page was last updated on 3/7/2021 by MarketBeat.com Staff

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