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

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$34.72 +0.09 (+0.26 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$34.72
Today's Range$34.38 - $35.00
52-Week Range$31.20 - $37.57
Volume790,877 shs
Average Volume171,825 shs
Market Capitalization$1.21 billion
P/E Ratio18.37
Dividend Yield3.47%
Beta0.73
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

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 Ratio18.37
Forward P/E Ratio14.77
P/E GrowthN/A

Sales & Book Value

Annual Sales$224.95 million
Price / Sales5.41
Cash Flow$2.4246 per share
Price / Cash14.32
Book Value$21.57 per share
Price / Book1.61

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

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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. Investors of record on Thursday, May 24th will be paid 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 3.46%. The ex-dividend date of this dividend 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 had revenue of $56.77 million for the quarter, compared to analysts' expectations of $56.44 million. Southside Bancshares had a return on equity of 8.91% and a net margin of 23.43%. Southside Bancshares's revenue was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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 Thursday, July, 26th 2018. View Earnings Estimates for Southside Bancshares.

What price target have analysts set for SBSI?

2 analysts have issued 1-year price objectives for Southside Bancshares' stock. Their predictions range from $37.00 to $37.00. On average, they expect Southside Bancshares' share price to reach $37.00 in the next twelve months. View Analyst Ratings for Southside Bancshares.

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 headlines about SBSI stock have been trending somewhat positive recently, according to Accern. Accern scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Southside Bancshares earned a media sentiment score of 0.01 on Accern's scale. They also gave media stories about the bank an impact score of 45.06 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Who are Southside Bancshares' major shareholders?

Southside Bancshares' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.31%), Dimensional Fund Advisors LP (3.94%), Northern Trust Corp (1.55%), Handelsbanken Fonder AB (1.55%), Handelsbanken Fonder AB (1.55%) and American Century Companies Inc. (0.84%). 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 major investors are selling Southside Bancshares stock?

SBSI stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., Royal Bank of Canada, JPMorgan Chase & Co., Sei Investments Co., BNP Paribas Arbitrage SA, Citadel Advisors LLC, Dimensional Fund Advisors LP and American International Group Inc.. 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 major investors are buying Southside Bancshares stock?

SBSI stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Handelsbanken Fonder AB, Handelsbanken Fonder AB, Millennium Management LLC, Chatham Capital Group Inc., Virginia Retirement Systems ET AL, Susquehanna Fundamental Investments LLC and Pitcairn Co.. 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 $34.72.

How big of a company is Southside Bancshares?

Southside Bancshares has a market capitalization of $1.21 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 (SBSI)

Community Ranking:  1.4 out of 5 (star)
Outperform Votes:  80 (Vote Outperform)
Underperform Votes:  202 (Vote Underperform)
Total Votes:  282
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 6/23/2018 by MarketBeat.com Staff

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