NASDAQ:SBSI - Southside Bancshares Stock Price, Price Target & More

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$33.99 -0.24 (-0.70 %)
(As of 07/17/2018 04:00 PM ET)
Previous Close$34.23
Today's Range$33.91 - $34.41
52-Week Range$31.20 - $37.57
Volume58,200 shs
Average Volume156,757 shs
Market Capitalization$1.18 billion
P/E Ratio17.98
Dividend Yield3.56%
Beta0.76
Southside Bancshares logoSouthside 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
SymbolNASDAQ:SBSI
CUSIP84470P10
Phone903-531-7111

Debt

Debt-to-Equity Ratio0.21
Current Ratio0.65
Quick Ratio0.65

Price-To-Earnings

Trailing P/E Ratio17.98
Forward P/E Ratio14.46
P/E GrowthN/A

Sales & Book Value

Annual Sales$224.95 million
Price / Sales5.30
Cash Flow$2.4366 per share
Price / Cash13.95
Book Value$21.57 per share
Price / Book1.58

Profitability

EPS (Most Recent Fiscal Year)$1.89
Net Income$54.31 million
Net Margins23.43%
Return on Equity8.91%
Return on Assets0.97%

Miscellaneous

Employees855
Outstanding Shares35,050,000
Market Cap$1,182.34

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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 Thursday, April 26th. Shareholders of record on Thursday, May 24th will be given a dividend of $0.30 per share on Thursday, June 7th. This represents a $1.20 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date is Wednesday, May 23rd. This is a positive change from Southside Bancshares's previous quarterly dividend of $0.28. View Southside Bancshares' Dividend History.

How were Southside Bancshares' earnings last quarter?

Southside Bancshares, Inc. (NASDAQ:SBSI) issued its earnings results on Tuesday, May, 1st. The bank reported $0.46 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.57 by $0.11. The bank earned $56.77 million during the quarter, compared to analyst estimates of $56.44 million. Southside Bancshares had a net margin of 23.43% and a return on equity of 8.91%. Southside Bancshares's revenue was up 9.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.51 earnings per share. View Southside Bancshares' Earnings History.

When is Southside Bancshares' next earnings date?

Southside Bancshares is scheduled to release their next quarterly earnings announcement on Friday, July, 27th 2018. View Earnings Estimates for Southside Bancshares.

What price target have analysts set for SBSI?

2 Wall Street analysts have issued 1 year target prices for Southside Bancshares' stock. Their forecasts range from $37.00 to $37.00. On average, they anticipate Southside Bancshares' stock price to reach $37.00 in the next twelve months. This suggests a possible upside of 8.9% from the stock's current price. View Analyst Ratings for Southside Bancshares.

What is the consensus analysts' recommendation for Southside Bancshares?

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, resulting in a consensus recommendation of "Hold."

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)

Has Southside Bancshares been receiving favorable news coverage?

News stories about SBSI stock have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Southside Bancshares earned a coverage optimism score of 0.11 on Accern's scale. They also assigned press coverage about the bank an impact score of 46.59 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Southside Bancshares' major shareholders?

Southside Bancshares' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Handelsbanken Fonder AB (1.63%) and Fisher Asset Management LLC (0.14%). Company insiders that own Southside Bancshares stock include Alton Cade Jr, Brian K Mccabe, John Robert Garrett, Julie Shamburger, Michael J Bosworth, Patricia Ann Callan, Peter M Boyd, Tim Carter 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 Fisher Asset 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 Tim Carter. View Insider Buying and Selling for Southside Bancshares.

Which institutional investors are buying Southside Bancshares stock?

SBSI stock was purchased by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB. 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 $33.99.

How big of a company is Southside Bancshares?

Southside Bancshares has a market capitalization of $1.18 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.

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:  1.4 out of 5 (star)
Outperform Votes:  84 (Vote Outperform)
Underperform Votes:  207 (Vote Underperform)
Total Votes:  291
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 7/17/2018 by MarketBeat.com Staff

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