NASDAQ:SFST

Southern First Bancshares Stock Forecast, Price & News

$26.53

-0.02 (-0.08 %)

(As of 10/29/2020 12:00 AM ET)

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Today's Range

$25.89

Now: $26.53▼

$27.34

50-Day Range

$23.30

MA: $25.93▼

$28.58

52-Week Range

$20.89

Now: $26.53▼

$44.43

Volume85,413 shs

Average Volume26,504 shs

Market Capitalization$205.21 million

P/E Ratio9.37

Dividend YieldN/A

Beta1.04

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 ten retail offices located in Greenville, Columbia, and Charleston; two retail offices located in Raleigh and Greensboro markets; and one retail office located in Atlanta. Southern First Bancshares, Inc. was founded in 1999 and is headquartered in Greenville, South Carolina.

Beat the Market (BTM) Rank^™

2.5 Analyst's Opinion

Consensus Rating
Southern 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/Downside
According to analysts' consensus price target of $30.50, Southern First Bancshares has a forecasted upside of 15.0% from its current price of $26.53.
Amount of Analyst Coverage
Southern First Bancshares has only been the subject of 1 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
Southern First Bancshares has received 194 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Southern First Bancshares has received 289 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Southern First Bancshares has received 59.83% “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.

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.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In 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 Insiders
Only 8.48% of the stock of Southern First Bancshares is held by insiders.
Percentage Held by Institutions
74.78% 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.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Southern First Bancshares are expected to grow by 37.02% in the coming year, from $2.08 to $2.85 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Southern First Bancshares is 9.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.73.
Price to Earnings Ratio vs. Sector
The P/E ratio of Southern First Bancshares is 9.37, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.54.
Price to Book Value per Share Ratio
Southern First Bancshares has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.73 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

Phone864-679-9000

Employees242

Debt

Debt-to-Equity Ratio0.17

Current Ratio1.05

Quick Ratio1.03

Price-To-Earnings

Trailing P/E Ratio9.37

Forward P/E Ratio12.75

P/E GrowthN/A

Sales & Book Value

Annual Sales$107.64 million

Price / Sales1.91

Cash Flow$3.98 per share

Price / Cash Flow6.66

Book Value$27.02 per share

Price / Book0.98

Profitability

EPS (Most Recent Fiscal Year)$3.58

Net Income$27.86 million

Net Margins18.93%

Return on Equity10.65%

Return on Assets0.95%

Miscellaneous

Outstanding Shares7,735,000

Market Cap$205.21 million

Next Earnings Date11/6/2020 (Estimated)

OptionableNot Optionable

$26.53

-0.02 (-0.08 %)

(As of 10/29/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Southern First Bancshares (NASDAQ:SFST) Frequently Asked Questions

How has Southern First Bancshares' stock been impacted by Coronavirus?

Southern First Bancshares' stock was trading at $30.98 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SFST shares have decreased by 14.4% and is now trading at $26.53.
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) issued its earnings results on Saturday, October, 31st. The bank reported $0.28 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.57 by $0.29. 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 analysts have issued 12-month price targets for Southern First Bancshares' stock. 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 15.0% 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 increase in short interest during the month of September. As of September 30th, there was short interest totaling 82,600 shares, an increase of 47.2% from the September 15th total of 56,100 shares. Based on an average daily trading volume, of 23,100 shares, the days-to-cover ratio is presently 3.6 days. Approximately 1.2% 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 Farmers & Merchants Bank of Long Beach (FMBL), Meridian Bancorp (EBSB), Nicolet Bankshares (NCBS), Banc of California (BANC), The Bancorp (TBBK), The First Bancshares (FBMS), Bank First (BFC), CBTX (CBTX), Camden National (CAC), Amerant Bancorp (AMTB), Arrow Financial (AROW), Bridge Bancorp (BDGE), Alerus Financial (ALRS), The First of Long Island (FLIC) and Guaranty Bancshares (GNTY).
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 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' key executives?

Southern First Bancshares' management team includes the following people:

Mr. R. Arthur Seaver Jr., CEO & Director (Age 56, Pay $691.56k)
Mr. Michael D. Dowling, Exec. VP, COO & CFO (Age 48, Pay $468.35k)
Mr. Lenwood B. Howell, Exec. VP & Exec. VP of Southern First Bank
Julie A. Fairchild, Corp. Sec.
Mr. Frederick Gilmer III, Exec. VP of Southern First Bank and Sr. Lending Officer of Southern First Bank (Age 55)

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 Wedge Capital Management L L P NC (2.98%), Assenagon Asset Management S.A. (0.43%) and Nisa Investment Advisors LLC (0.02%). 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 major investors are buying Southern First Bancshares stock?

SFST stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Wedge Capital Management L L P NC, and Nisa Investment Advisors 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 $26.53.

How big of a company is Southern First Bancshares?

Southern First Bancshares has a market capitalization of $205.21 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 242 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 10/29/2020 by MarketBeat.com Staff

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