NASDAQ:SFST Southern First Bancshares Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Southern First Bancshares, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $24.07 -0.44 (-1.80 %) (As of 09/22/2020 12:00 AM ET) Add Compare Share Today's Range$24.00Now: $24.07▼$24.8650-Day Range$24.51MA: $25.97▼$27.9652-Week Range$20.89Now: $24.07▼$44.43Volume20,582 shsAverage Volume27,128 shsMarket Capitalization$186.18 millionP/E Ratio8.51Dividend YieldN/ABeta1.02 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Southern First Bancshares, Inc. operates as the bank holding company for Southern First Bank that provides various banking products and services to general public in South Carolina, North Carolina, and Georgia. It accepts various deposit products that include checking accounts, commercial checking accounts, savings accounts, and other time deposits, including daily money market accounts and long-term certificates of deposit. The company's 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, it 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 operates through 10 retail offices located in Greenville, Columbia, and Charleston; 2 retail offices located in Raleigh and Greensboro markets; and 1 retail office located in Atlanta. Southern First Bancshares, Inc. was founded in 1999 and is headquartered in Greenville, South Carolina.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingSouthern First Bancshares has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.50, Southern First Bancshares has a forecasted upside of 26.7% from its current price of $24.07.Amount of Analyst CoverageSouthern First Bancshares has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesSouthern First Bancshares has received 194 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSouthern First Bancshares has received 287 “underperform” votes. (Add your “underperform” vote.)Community SentimentSouthern First Bancshares has received 59.67% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Southern First Bancshares and other stocks. Vote “Outperform” if you believe SFST will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SFST will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldSouthern First Bancshares does not currently pay a dividend.Dividend GrowthSouthern First Bancshares does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Southern First Bancshares insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $57,730.00 in company stock.Percentage Held by InsidersOnly 8.48% of the stock of Southern First Bancshares is held by insiders.Percentage Held by Institutions74.78% 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. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Southern First Bancshares are expected to grow by 46.91% in the coming year, from $1.94 to $2.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Southern First Bancshares is 8.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Southern First Bancshares is 8.51, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 16.99.Price to Book Value per Share RatioSouthern First Bancshares has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 3.8 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.05 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry National commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:SFST Previous Symbol CUSIPN/A CIK1090009 Webwww.southernfirst.com Phone864-679-9000Debt Debt-to-Equity Ratio0.17 Current Ratio1.05 Quick Ratio1.03Price-To-Earnings Trailing P/E Ratio8.51 Forward P/E Ratio12.41 P/E GrowthN/A Sales & Book Value Annual Sales$107.64 million Price / Sales1.73 Cash Flow$3.86 per share Price / Cash Flow6.24 Book Value$27.02 per share Price / Book0.89Profitability EPS (Most Recent Fiscal Year)$3.58 Net Income$27.86 million Net Margins18.93% Return on Equity10.65% Return on Assets0.95%Miscellaneous Employees229 Outstanding Shares7,735,000Market Cap$186.18 million Next Earnings Date11/6/2020 (Estimated) OptionableNot Optionable $24.07 -0.44 (-1.80 %) (As of 09/22/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive SFST News and Ratings via Email Sign-up to receive the latest news and ratings for SFST and its competitors with MarketBeat's FREE daily newsletter. Southern First Bancshares (NASDAQ:SFST) Frequently Asked Questions How has Southern First Bancshares' stock been impacted by COVID-19 (Coronavirus)? Southern First Bancshares' stock was trading at $30.98 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SFST stock has decreased by 22.3% and is now trading at $24.07. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Southern First Bancshares? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southern First Bancshares in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Southern First Bancshares. When is Southern First Bancshares' next earnings date? Southern First Bancshares is scheduled to release its next quarterly earnings announcement on Friday, November 6th 2020. View our earnings forecast for Southern First Bancshares. How were Southern First Bancshares' earnings last quarter? Southern First Bancshares, Inc. (NASDAQ:SFST) released its quarterly earnings results on Monday, August, 3rd. The bank reported $0.60 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.38 by $0.22. The bank had revenue of $28.98 million for the quarter, compared to analysts' expectations of $22.44 million. Southern First Bancshares had a net margin of 18.93% and a return on equity of 10.65%. View Southern First Bancshares' earnings history. What price target have analysts set for SFST? 2 brokers have issued 12-month target prices for Southern First Bancshares' shares. Their forecasts range from $30.00 to $31.00. On average, they anticipate Southern First Bancshares' share price to reach $30.50 in the next year. This suggests a possible upside of 26.7% from the stock's current price. View analysts' price targets for Southern First Bancshares. Are investors shorting Southern First Bancshares? Southern First Bancshares saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 55,700 shares, a decrease of 16.1% from the August 15th total of 66,400 shares. Based on an average daily trading volume, of 24,300 shares, the short-interest ratio is presently 2.3 days. Approximately 0.8% of the company's shares are short sold. View Southern First Bancshares' Short Interest. Who are some of Southern First Bancshares' key competitors? Some companies that are related to Southern First Bancshares include First Commonwealth Financial (FCF), Meta Financial Group (CASH), Nicolet Bankshares (NCBS), Meridian Bancorp (EBSB), Banc of California (BANC), Bancorp (TBBK), Bank First (BFC), Mercantil Bank (AMTB), First Bancshares (FBMS), Camden National (CAC), Arrow Financial (AROW), CBTX (CBTX), First of Long Island (FLIC), Bridge Bancorp (BDGE) and Alerus Financial (ALRS). View all competitors. 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 Pipelines (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' key executives? Southern First Bancshares' management team includes the following people: Mr. R. Arthur Seaver Jr., CEO & Director (Age 55)Mr. F. Justin Strickland, Pres (Age 55)Mr. Michael D. Dowling, Exec. VP & CFO (Age 47)Mr. Lenwood B. Howell, Exec. VP & Exec. VP of Southern First BankJulie A. Fairchild, Corp. Sec. What is Southern First Bancshares' stock symbol? Southern First Bancshares trades on the NASDAQ under the ticker symbol "SFST." Who are Southern First Bancshares' major shareholders? Southern First Bancshares' stock is owned by many different institutional and retail investors. Top institutional investors include Banc Funds Co. LLC (7.69%), Wedge Capital Management L L P NC (2.93%), Elizabeth Park Capital Advisors Ltd. (2.05%), Castine Capital Management LLC (1.80%), SeaCrest Wealth Management LLC (1.68%) and Nachman Norwood & Parrott Inc (0.84%). Company insiders that own Southern First Bancshares stock include Anne S Ellefson, David G Ellison, F Justin Strickland, Fred Gilmer Jr, Leighton M Cubbage, Michael D Dowling, R Arthur Seaver Jr, Rudolph G Johnstone III and Tecumseh Hooper Jr. View institutional ownership trends for Southern First Bancshares. Which institutional investors are selling Southern First Bancshares stock? SFST stock was sold by a variety of institutional investors in the last quarter, including Banc Funds Co. LLC, Castine Capital Management LLC, EJF Capital LLC, Elizabeth Park Capital Advisors Ltd., Teton Advisors Inc., SeaCrest Wealth Management LLC, UBS Group AG, and Russell Investments Group Ltd.. Company insiders that have sold Southern First Bancshares company stock in the last year include Anne S Ellefson, F Justin Strickland, Leighton M Cubbage, R Arthur Seaver Jr, and Tecumseh Hooper Jr. View insider buying and selling activity for Southern First Bancshares. Which institutional investors are buying Southern First Bancshares stock? SFST stock was bought by a variety of institutional investors in the last quarter, including Jacobs Levy Equity Management Inc., Wedge Capital Management L L P NC, Assenagon Asset Management S.A., Gamco Investors INC. ET AL, Trexquant Investment LP, Bank of New York Mellon Corp, Comerica Bank, and SG Americas Securities LLC. View insider buying and selling activity for Southern First Bancshares. How do I buy shares of Southern First Bancshares? Shares of SFST 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, Robinhood, Fidelity, and Charles Schwab. What is Southern First Bancshares' stock price today? One share of SFST stock can currently be purchased for approximately $24.07. How big of a company is Southern First Bancshares? Southern First Bancshares has a market capitalization of $186.18 million and generates $107.64 million in revenue each year. The bank earns $27.86 million in net income (profit) each year or $3.58 on an earnings per share basis. Southern First Bancshares employs 229 workers across the globe. What is Southern First Bancshares' official website? The official website for Southern First Bancshares is www.southernfirst.com. How can I contact Southern First Bancshares? Southern First Bancshares' mailing address is 100 VERDAE BOULEVARD SUITE 100, GREENVILLE SC, 29607. The bank can be reached via phone at 864-679-9000 or via email at [email protected] This page was last updated on 9/23/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
