NASDAQ:SBSI

Southside Bancshares Stock Forecast, Price & News

$33.40

+0.45 (+1.37 %)

(As of 01/22/2021 12:00 AM ET)

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Today's Range

$32.06

Now: $33.40▼

$33.64

50-Day Range

$30.59

MA: $31.76▼

$33.62

52-Week Range

$23.51

Now: $33.40▼

$37.19

Volume103,300 shs

Average Volume118,300 shs

Market Capitalization$1.10 billion

P/E Ratio15.90

Dividend Yield3.83%

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.

MarketRank^™

Overall MarketRank^™

1.54 out of 5 stars

Finance Sector

632nd out of 1,933 stocks

State Commercial Banks Industry

138th out of 309 stocks

1.0 Analyst's Opinion

Consensus Rating
Southside Bancshares has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $29.50, Southside Bancshares has a forecasted downside of 11.7% from its current price of $33.40.
Amount of Analyst Coverage
Southside Bancshares has received no research coverage in the past 90 days.

1.5 Community Rank

Outperform Votes
Southside Bancshares has received 169 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Southside Bancshares has received 407 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Southside Bancshares has received 70.66% “underperform” votes from our community.

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.

2.5 Dividend Strength

Dividend Yield
Southside Bancshares pays a meaningful dividend of 3.83%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Southside Bancshares has only been increasing its dividend for 4 years.
Dividend Coverage
The dividend payout ratio of Southside Bancshares is 58.18%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
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.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Southside Bancshares insiders have sold 1,046.29% more of their company's stock than they have bought. Specifically, they have bought $4,334.00 in company stock and sold $49,680.00 in company stock.
Percentage Held by Insiders
Only 5.20% of the stock of Southside Bancshares is held by insiders.
Percentage Held by Institutions
48.06% of the stock of Southside Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Southside Bancshares are expected to grow by 2.25% in the coming year, from $2.22 to $2.27 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Southside Bancshares is 15.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.03.
Price to Earnings Ratio vs. Sector
The P/E ratio of Southside Bancshares is 15.90, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.99.
Price to Book Value per Share Ratio
Southside Bancshares has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:SBSI

Previous Symbol

CUSIP84470P10

CIK705432

Webwww.southside.com

Phone903-531-7111

Employees845

Debt

Debt-to-Equity Ratio1.37

Current Ratio0.75

Quick Ratio0.75

Price-To-Earnings

Trailing P/E Ratio15.90

Forward P/E Ratio15.05

P/E GrowthN/A

Sales & Book Value

Annual Sales$283.15 million

Price / Sales3.90

Cash Flow$2.60 per share

Price / Cash Flow12.86

Book Value$23.83 per share

Price / Book1.40

Profitability

EPS (Most Recent Fiscal Year)$2.20

Net Income$74.55 million

Net Margins24.55%

Return on Equity8.68%

Return on Assets0.99%

Miscellaneous

Outstanding Shares33,072,000

Market Cap$1.10 billion

Next Earnings Date1/27/2021 (Confirmed)

OptionableOptionable

$33.40

+0.45 (+1.37 %)

(As of 01/22/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Southside Bancshares (NASDAQ:SBSI) Frequently Asked Questions

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

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 shares have increased by 20.1% and is now trading at $33.40.
View which stocks have been most impacted by COVID-19.

Is Southside Bancshares a buy right now?

2 Wall Street 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 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 MarketBeat's top 5 stock picks.

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.

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.

When is Southside Bancshares' next earnings date?

Southside Bancshares is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for Southside Bancshares.

How can I listen to Southside Bancshares' earnings call?

Southside Bancshares will be holding an earnings conference call on Wednesday, January 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Southside Bancshares' earnings last quarter?

Southside Bancshares, Inc. (NASDAQ:SBSI) announced its quarterly earnings results on Friday, October, 23rd. The bank reported $0.82 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.56 by $0.26. The bank earned $60.75 million during the quarter, compared to analysts' expectations of $60.85 million. Southside Bancshares had a net margin of 24.55% and a trailing twelve-month return on equity of 8.68%. The firm's revenue for the quarter was up 10.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.58 EPS.
View Southside Bancshares' earnings history.

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

Southside Bancshares declared a None dividend on Tuesday, November 10th. Stockholders of record on Wednesday, November 25th will be paid a dividend of $0.37 per share on Thursday, December 10th. This represents a dividend yield of 4.4%. The ex-dividend date of this dividend is Tuesday, November 24th. This is a boost from Southside Bancshares's previous None dividend of $0.34.
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 3.83%. Southside Bancshares has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strock track record of dividend growth. 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 1 year price targets for Southside Bancshares' stock. Their forecasts range from $29.00 to $30.00. On average, they expect Southside Bancshares' stock price to reach $29.50 in the next year. This suggests that the stock has a possible downside of 11.7%.
View analysts' price targets for Southside Bancshares or view Wall Street analyst' top-rated stocks.

Who are some of Southside Bancshares' key competitors?

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

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 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 institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.07%). 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, Shannon Dacus 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 State of Alaska Department of Revenue. Company insiders that have sold Southside Bancshares company stock in the last year include Julie Shamburger, and Lawrence Lazelle Anderson.
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.

What is Southside Bancshares' stock price today?

One share of SBSI stock can currently be purchased for approximately $33.40.

How big of a company is Southside Bancshares?

Southside Bancshares has a market capitalization of $1.10 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. Southside Bancshares employs 845 workers across the globe.

What is Southside Bancshares' official website?

The official website for Southside Bancshares is 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]

This page was last updated on 1/25/2021 by MarketBeat.com Staff

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