Should I buy or sell Southern First Bancshares stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Southern First Bancshares in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SFST shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SFST, but not buy additional shares or sell existing shares. View SFST analyst ratings or view top-rated stocks .

What is Southern First Bancshares' stock price target for 2024?

1 equities research analysts have issued twelve-month price objectives for Southern First Bancshares' stock. Their SFST share price targets range from $30.00 to $30.00. On average, they predict the company's stock price to reach $30.00 in the next year. This suggests that the stock has a possible downside of 1.9%. View analysts price targets for SFST or view top-rated stocks among Wall Street analysts .

How have SFST shares performed in 2023?

Southern First Bancshares' stock was trading at $45.75 at the start of the year. Since then, SFST stock has decreased by 33.1% and is now trading at $30.59. View the best growth stocks for 2023 here .

When is Southern First Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024. View our SFST earnings forecast .

How were Southern First Bancshares' earnings last quarter?

Southern First Bancshares, Inc. (NASDAQ:SFST) announced its quarterly earnings results on Thursday, October, 19th. The bank reported $0.51 EPS for the quarter, topping analysts' consensus estimates of $0.33 by $0.18. The bank had revenue of $22.09 million for the quarter, compared to the consensus estimate of $23.19 million. Southern First Bancshares had a trailing twelve-month return on equity of 4.92% and a net margin of 8.54%.

What is Art Seaver Jr.'s approval rating as Southern First Bancshares' CEO?

2 employees have rated Southern First Bancshares Chief Executive Officer Art Seaver Jr. on Glassdoor.com . Art Seaver Jr. has an approval rating of 100% among the company's employees. This puts Art Seaver Jr. in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Southern First Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Southern First Bancshares investors own include Suncor Energy (SU) , Teekay LNG Partners (TGP) , TC Energy (TRP) , AbbVie (ABBV) , Algonquin Power & Utilities (AQN) , BCE (BCE) , BlackLine (BL) , Bristol-Myers Squibb (BMY) , Cinemark (CNK) and CenterPoint Energy (CNP) .

Who are Southern First Bancshares' major shareholders?

Southern First Bancshares' stock is owned by a variety of institutional and retail investors. Top institutional investors include Endeavour Capital Advisors Inc. (5.68%), Ameriprise Financial Inc. (3.13%), SeaCrest Wealth Management LLC (1.70%), Wellington Management Group LLP (1.47%), River Oaks Capital LLC (1.17%) and Northern Trust Corp (0.91%). Insiders that own company stock include Anna T Locke, Anne S Ellefson, Calvin C Hurst, David Andrew Borrmann, David G Ellison , Leighton M Cubbage , Michael D Dowling , R Arthur Seaver Jr , Ray Lattimore, Rudolph G Johnstone III , Silvia T King, Terry Grayson-Caprio and William M Aiken III. View institutional ownership trends .

How do I buy shares of Southern First Bancshares?

Shares of SFST stock 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 .

Positive News SentimentPositive News

Southern First Bancshares Stock Price, News & Analysis (NASDAQ:SFST)

$30.59

+1.21 (+4.12%)

(As of 12/1/2023 ET)

Compare

Today's Range: $29.60
▼
$30.73
50-Day Range: $25.16
▼
$30.59
52-Week Range: $20.75
▼
$48.88

Volume: 12,076 shs
Average Volume: 11,151 shs
Market Capitalization: $247.47 million

P/E Ratio: 16.72
Dividend Yield: N/A
Price Target: $30.00

Southern First Bancshares MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 1.9% Downside
$30.00 Price Target
Short Interest: Healthy
1.04% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
$21,666 Bought Last Quarter
Proj. Earnings Growth: 22.52%
From $1.51 to $1.85 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.28 out of 5 stars

Finance Sector

368th out of 858 stocks

National Commercial Banks Industry

42nd out of 85 stocks

1.0

Analyst's Opinion

Consensus Rating
Southern First Bancshares has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $30.00, Southern First Bancshares has a forecasted downside of 1.9% from its current price of $30.59.
Amount of Analyst Coverage
Southern First Bancshares has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.04% of the float of Southern First Bancshares has been sold short.
Short Interest Ratio / Days to Cover
Southern First Bancshares has a short interest ratio ("days to cover") of 4.9.
Change versus previous month
Short interest in Southern First Bancshares has recently decreased by 10.26%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Southern First Bancshares does not currently pay a dividend.
Dividend Growth
Southern First Bancshares does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SFST.

2.7

News and Social Media Coverage

News Sentiment
Southern First Bancshares has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Southern First Bancshares this week, compared to 1 article on an average week.
MarketBeat Follows
Only 62 people have added Southern First Bancshares to their MarketBeat watchlist in the last 30 days. This is a decrease of -48% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Southern First Bancshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $21,666.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 7.34% of the stock of Southern First Bancshares is held by insiders.
Percentage Held by Institutions
79.03% of the stock of Southern First Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Southern First Bancshares are expected to grow by 22.52% in the coming year, from $1.51 to $1.85 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Southern First Bancshares is 16.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 106.84.
Price to Earnings Ratio vs. Sector
The P/E ratio of Southern First Bancshares is 16.72, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 30.52.
Price to Book Value per Share Ratio
Southern First Bancshares has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Southern First Bancshares Stock (NASDAQ:SFST)

Southern First Bancshares, Inc. operates as the bank holding company for Southern First Bank that provides commercial, consumer, and mortgage loans to the general public in South Carolina, North Carolina, and Georgia. The company accepts various deposit products that include checking accounts, commercial checking accounts, and savings accounts, as well as other time deposits, including daily money market accounts and long-term certificates of deposit. Its loan portfolio comprises commercial real estate loans; construction real estate loans; commercial business loans for various lines of businesses, such as the manufacturing, service industry, and professional service areas; consumer real estate and home equity loans; and other consumer loans, including secured and unsecured installment loans and revolving lines of credit. In addition, the company provides other bank services, such as internet banking, cash management, safe deposit boxes, direct deposit, automatic drafts, bill payment, and mobile banking services. The company was incorporated in 1999 and is headquartered in Greenville, South Carolina.

SFST Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SFST Stock News Headlines

November 6, 2023 | finance.yahoo.com

Investors in Southern First Bancshares (NASDAQ:SFST) have unfortunately lost 37% over the last year

October 26, 2023 | finance.yahoo.com

SOUTHERN FIRST ANNOUNCES OPENING OF DREAM MORTGAGE CENTER, PLAN TO CREATE $10 MILLION ANNUAL IMPACT IN COLUMBIA, SC

December 3, 2023 | DTI Trader (Ad)

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October 19, 2023 | msn.com

Southern First Bancshares GAAP EPS of $0.51 beats by $0.18, revenue of $21M misses by $1.05M

October 19, 2023 | finance.yahoo.com

Southern First Reports Results for Third Quarter 2023

September 5, 2023 | finance.yahoo.com

Southern First Bancshares, Inc. (NASDAQ:SFST) is a favorite amongst institutional investors who own 61%

August 8, 2023 | finance.yahoo.com

BlackRock Inc. Boosts Stake in Southern First Bancshares Inc.

July 30, 2023 | finance.yahoo.com

Southern First Bancshares Executive VP & CFO Acquires 20% More Stock

December 3, 2023 | DTI Trader (Ad)

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July 25, 2023 | finance.yahoo.com

Compared to Estimates, Southern First (SFST) Q2 Earnings: A Look at Key Metrics

July 25, 2023 | msn.com

Southern First Bancshares GAAP EPS of $0.31, revenue of $21.56M

July 25, 2023 | finance.yahoo.com

Southern First Reports Results for Second Quarter 2023

July 20, 2023 | uk.finance.yahoo.com

SFST - Southern First Bancshares, Inc.

May 30, 2023 | finance.yahoo.com

Shareholders in Southern First Bancshares (NASDAQ:SFST) are in the red if they invested five years ago

May 3, 2023 | finance.yahoo.com

The Executive VP & CFO of Southern First Bancshares, Inc. (NASDAQ:SFST), David Borrmann, Just Bought 467% More Shares

April 25, 2023 | usnews.com

Southern First: Q1 Earnings Snapshot

April 25, 2023 | finance.yahoo.com

Southern First Reports Results for First Quarter 2023

April 6, 2023 | marketwatch.com

8-K: SOUTHERN FIRST BANCSHARES INC

April 3, 2023 | finance.yahoo.com

SOUTHERN FIRST APPOINTS ANDY BORRMANN AS CHIEF FINANCIAL OFFICER

March 28, 2023 | finance.yahoo.com

With 66% ownership of the shares, Southern First Bancshares, Inc. (NASDAQ:SFST) is heavily dominated by institutional owners

March 16, 2023 | finance.yahoo.com

SOUTHERN FIRST ANNOUNCES NEW DREAM MORTGAGE CENTER

February 2, 2023 | finance.yahoo.com

Insider Buying: The Southern First Bancshares, Inc. (NASDAQ:SFST) Independent Director Just Bought 11% More Shares

January 28, 2023 | finance.yahoo.com

Southern First Bancshares Full Year 2022 Earnings: Misses Expectations

January 27, 2023 | marketwatch.com

Southern First Bancshares COO, CFO Michael Dowling Resigns >SFST

January 24, 2023 | finance.yahoo.com

Southern First Reports Results for Fourth Quarter 2022

January 23, 2023 | reuters.com

SFST.O - | Stock Price & Latest News | Reuters

January 23, 2023 | msn.com

Southern States Bancshares, Inc. (SSBK) Surpasses Q4 Earnings and Revenue Estimates

See More Headlines

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Company Calendar

Last Earnings: 10/19/2023
Today: 12/03/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 1/23/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: National commercial banks
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:SFST
CUSIP: N/A
CIK: 1090009
Web: www.southernfirst.com
Phone: (864) 679-9000
Fax: 864-679-9099
Employees: 293
Year Founded: 1999

Price Target and Rating

Average Stock Price Target: $30.00
High Stock Price Target: $30.00
Low Stock Price Target: $30.00
Potential Upside/Downside: -1.9%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.83
Trailing P/E Ratio: 16.72
Forward P/E Ratio: 20.26
P/E Growth: N/A
Net Income: $29.11 million
Net Margins: 8.54%
Pretax Margin: 11.10%
Return on Equity: 4.92%
Return on Assets: 0.38%

Debt

Debt-to-Equity Ratio: 1.02
Current Ratio: 1.10
Quick Ratio: 1.09

Sales & Book Value

Annual Sales: $127.24 million
Price / Sales: 1.94
Cash Flow: $4.19 per share
Price / Cash Flow: 7.30
Book Value: $37.57 per share
Price / Book: 0.81

Miscellaneous

Outstanding Shares: 8,090,000
Free Float: 7,495,000
Market Cap: $247.47 million
Optionable: Not Optionable
Beta: 0.85

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Key Executives

Mr. R. Arthur Seaver Jr. (Age 59)
CEO & Director
Comp: $757.58k
Mr. Calvin C. Hurst (Age 40)
President
Comp: $501.68k
Ms. Silvia T. King (Age 44)
Chief Human Resources Officer
Comp: $268.63k
Mr. William M. Aiken III (Age 49)
Senior EVP & Chief Risk Officer
Comp: $370.45k
Mr. David Andrew Borrmann (Age 52)
Executive VP & CFO
Mr. Frederick Gilmer III (Age 58)
Executive Vice President of Southern First Bank and Senior Lending Officer of Southern First Bank
Comp: $21.6k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SFST Stock Analysis - Frequently Asked Questions

Should I buy or sell Southern First Bancshares stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Southern First Bancshares in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SFST shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SFST, but not buy additional shares or sell existing shares.
View SFST analyst ratings or view top-rated stocks.
What is Southern First Bancshares' stock price target for 2024?: 1 equities research analysts have issued twelve-month price objectives for Southern First Bancshares' stock. Their SFST share price targets range from $30.00 to $30.00. On average, they predict the company's stock price to reach $30.00 in the next year. This suggests that the stock has a possible downside of 1.9%.
View analysts price targets for SFST or view top-rated stocks among Wall Street analysts.
How have SFST shares performed in 2023?: Southern First Bancshares' stock was trading at $45.75 at the start of the year. Since then, SFST stock has decreased by 33.1% and is now trading at $30.59.
View the best growth stocks for 2023 here.
When is Southern First Bancshares' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024.
View our SFST earnings forecast.
How were Southern First Bancshares' earnings last quarter?: Southern First Bancshares, Inc. (NASDAQ:SFST) announced its quarterly earnings results on Thursday, October, 19th. The bank reported $0.51 EPS for the quarter, topping analysts' consensus estimates of $0.33 by $0.18. The bank had revenue of $22.09 million for the quarter, compared to the consensus estimate of $23.19 million. Southern First Bancshares had a trailing twelve-month return on equity of 4.92% and a net margin of 8.54%.

What is Art Seaver Jr.'s approval rating as Southern First Bancshares' CEO?: 2 employees have rated Southern First Bancshares Chief Executive Officer Art Seaver Jr. on Glassdoor.com. Art Seaver Jr. has an approval rating of 100% among the company's employees. This puts Art Seaver Jr. in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Southern First Bancshares own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Southern First Bancshares investors own include Suncor Energy (SU), Teekay LNG Partners (TGP), TC Energy (TRP), AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), BlackLine (BL), Bristol-Myers Squibb (BMY), Cinemark (CNK) and CenterPoint Energy (CNP).
Who are Southern First Bancshares' major shareholders?: Southern First Bancshares' stock is owned by a variety of institutional and retail investors. Top institutional investors include Endeavour Capital Advisors Inc. (5.68%), Ameriprise Financial Inc. (3.13%), SeaCrest Wealth Management LLC (1.70%), Wellington Management Group LLP (1.47%), River Oaks Capital LLC (1.17%) and Northern Trust Corp (0.91%). Insiders that own company stock include Anna T Locke, Anne S Ellefson, Calvin C Hurst, David Andrew Borrmann, David G Ellison, Leighton M Cubbage, Michael D Dowling, R Arthur Seaver Jr, Ray Lattimore, Rudolph G Johnstone III, Silvia T King, Terry Grayson-Caprio and William M Aiken III.
View institutional ownership trends.
How do I buy shares of Southern First Bancshares?: Shares of SFST stock 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.

This page (NASDAQ:SFST) was last updated on 12/3/2023 by MarketBeat.com Staff

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