NASDAQ:SBSI - Southside Bancshares Stock Price, News, & Analysis

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

Southside Bancshares declared a quarterly dividend on Friday, November 9th. Stockholders of record on Thursday, November 22nd will be given a dividend of $0.30 per share on Thursday, December 6th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.80%. The ex-dividend date is Tuesday, November 20th. View Southside Bancshares' Dividend History.

Southside Bancshares, Inc. (NASDAQ:SBSI) released its earnings results on Friday, October, 26th. The bank reported $0.58 EPS for the quarter, missing analysts' consensus estimates of $0.61 by $0.03. The bank earned $54.82 million during the quarter, compared to analysts' expectations of $56.10 million. Southside Bancshares had a net margin of 25.71% and a return on equity of 9.25%. View Southside Bancshares' Earnings History.

Southside Bancshares is scheduled to release their next quarterly earnings announcement on Tuesday, February 5th 2019. View Earnings Estimates for Southside Bancshares.

1 Wall Street analysts have issued 1 year target prices for Southside Bancshares' shares. Their predictions range from $37.00 to $37.00. On average, they expect Southside Bancshares' stock price to reach $37.00 in the next twelve months. This suggests a possible upside of 17.3% from the stock's current price. View Analyst Price Targets for Southside Bancshares.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southside Bancshares in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Southside Bancshares.

News headlines about SBSI stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Southside Bancshares earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an impact on the company's share price in the next several days.

Some companies that are related to Southside Bancshares include Prosperity Bancshares (PB), Western Alliance Bancorporation (WAL), First Financial Bankshares (FFIN), Investors Bancorp (ISBC), IBERIABANK (IBKC), Wintrust Financial (WTFC), Glacier Bancorp (GBCI), Associated Banc (ASB), United Bankshares (UBSI), First Hawaiian (FHB), Bank of Hawaii (BOH), Home Bancshares (HOMB), CVB Financial (CVBF), Chemical Financial (CHFC) and Cathay General Bancorp (CATY).

Southside Bancshares' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.50%), Vanguard Group Inc. (4.96%), Vanguard Group Inc (4.96%), Dimensional Fund Advisors LP (4.45%), Renaissance Technologies LLC (3.38%) and Handelsbanken Fonder AB (1.71%). Company insiders that own Southside Bancshares stock include Alton Cade Jr, Brian K Mccabe, John Robert Garrett, Julie Shamburger, Michael J Bosworth, Peter M Boyd, Tim Carter, Timothy F Alexander 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 Tributary Capital Management LLC, Creative Planning, JPMorgan Chase & Co., Fisher Asset Management LLC, King Luther Capital Management Corp, Citadel Advisors LLC, TIAA CREF Investment Management LLC and Russell Investments Group Ltd.. Company insiders that have sold Southside Bancshares company stock in the last year include Brian K Mccabe and Timothy F Alexander. View Insider Buying and Selling for Southside Bancshares.

SBSI stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Walthausen & Co. LLC, Renaissance Technologies LLC, Vanguard Group Inc, Vanguard Group Inc., Bank of New York Mellon Corp, Handelsbanken Fonder AB and 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.

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.

One share of SBSI stock can currently be purchased for approximately $31.54.

Southside Bancshares has a market capitalization of $1.12 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.

The official website for Southside Bancshares is http://www.southside.com.

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]