NASDAQ:SPFI South Plains Financial (SPFI) Stock Price, News & Analysis $33.08 +0.03 (+0.09%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$32.85▼$33.8450-Day Range$25.27▼$33.7552-Week Range$23.75▼$33.85Volume26,876 shsAverage Volume32,541 shsMarket Capitalization$543.17 millionP/E Ratio8.84Dividend Yield1.69%Price Target$34.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get South Plains Financial alerts: Email Address South Plains Financial MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside3.8% Upside$34.33 Price TargetShort InterestHealthy0.47% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.64Based on 14 Articles This WeekInsider TradingSelling Shares$204,520 Sold Last QuarterProj. Earnings Growth3.57%From $2.52 to $2.61 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.88 out of 5 starsFinance Sector505th out of 898 stocksState Commercial Banks Industry114th out of 181 stocks 1.5 Analyst's Opinion Consensus RatingSouth Plains Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageSouth Plains Financial has only been the subject of 2 research reports in the past 90 days.Read more about South Plains Financial's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.47% of the float of South Plains Financial has been sold short.Short Interest Ratio / Days to CoverSouth Plains Financial has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in South Plains Financial has recently increased by 4.96%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldSouth Plains Financial pays a meaningful dividend of 1.70%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSouth Plains Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of South Plains Financial is 14.97%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, South Plains Financial will have a dividend payout ratio of 21.46% next year. This indicates that South Plains Financial will be able to sustain or increase its dividend.Read more about South Plains Financial's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SPFI. Previous Next 3.1 News and Social Media Coverage News SentimentSouth Plains Financial has a news sentiment score of 0.64. 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 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 14 news articles for South Plains Financial this week, compared to 1 article on an average week.MarketBeat Follows1 people have added South Plains Financial to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, South Plains Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $204,520.00 in company stock.Percentage Held by Insiders25.39% of the stock of South Plains Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions54.95% of the stock of South Plains Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about South Plains Financial's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for South Plains Financial are expected to grow by 3.57% in the coming year, from $2.52 to $2.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of South Plains Financial is 8.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.75.Price to Earnings Ratio vs. SectorThe P/E ratio of South Plains Financial is 8.84, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.89.Price to Book Value per Share RatioSouth Plains Financial has a P/B Ratio of 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about South Plains Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About South Plains Financial Stock (NASDAQ:SPFI)South Plains Financial, Inc. operates as a bank holding company for City Bank that provides commercial and consumer financial services to small and medium-sized businesses and individuals. The company operates through two segments, Banking and Insurance. It offers deposit products, including demand deposit accounts, interest-bearing products, savings accounts, and certificate of deposits. The company also provides commercial real estate loans; general and specialized commercial loans, including agricultural production and real estate, energy, finance, investment, and insurance loans, as well as loans to goods, services, restaurant and retail, construction, and other industries; residential construction loans; and 1-4 family residential loans, auto loans, and other loans for recreational vehicles or other purposes. In addition, it offers crop insurance products; trust products and services; investment services; mortgage banking services; online and mobile banking services; and debit and credit cards. The company was founded in 1941 and is headquartered in Lubbock, Texas.Read More SPFI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SPFI Stock News HeadlinesJuly 26 at 1:09 AM | americanbankingnews.comSouth Plains Financial (NASDAQ:SPFI) Sees Unusually-High Trading Volume After Analyst UpgradeJuly 24 at 11:54 AM | americanbankingnews.comSouth Plains Financial (NASDAQ:SPFI) Price Target Increased to $36.00 by Analysts at Piper SandlerJuly 27, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 23, 2024 | americanbankingnews.comSouth Plains Financial (NASDAQ:SPFI) Hits New 12-Month High After Analyst UpgradeJuly 21, 2024 | finance.yahoo.comResults: South Plains Financial, Inc. Exceeded Expectations And The Consensus Has Updated Its EstimatesJuly 20, 2024 | msn.comSouth Plains Financial, Inc. (NASDAQ:SPFI) Q2 2024 Earnings Call TranscriptJuly 20, 2024 | americanbankingnews.comSouth Plains Financial (NASDAQ:SPFI) Posts Quarterly Earnings Results, Beats Estimates By $0.10 EPSJuly 20, 2024 | americanbankingnews.comSouth Plains Financial, Inc. to Issue Quarterly Dividend of $0.14 (NASDAQ:SPFI)July 27, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 19, 2024 | seekingalpha.comSouth Plains Financial declares $0.14 dividendJuly 19, 2024 | seekingalpha.comSouth Plains Financial, Inc. (SPFI) Q2 2024 Earnings Call TranscriptJuly 19, 2024 | markets.businessinsider.comSouth Plains Financial (SPFI) Gets a Buy from KBWJuly 19, 2024 | americanbankingnews.comSouth Plains Financial (NASDAQ:SPFI) Price Target Raised to $36.00July 18, 2024 | investorplace.comSPFI Stock Earnings: South Plains Financial Beats EPS, Beats Revenue for Q2 2024July 18, 2024 | globenewswire.comSouth Plains Financial, Inc. Declares Quarterly Cash DividendJuly 18, 2024 | globenewswire.comSouth Plains Financial, Inc. Reports Second Quarter 2024 Financial ResultsJuly 9, 2024 | globenewswire.comSouth Plains Financial, Inc. Announces Second Quarter 2024 Earnings CallMay 9, 2024 | finance.yahoo.comSouth Plains Financial First Quarter 2024 Earnings: Beats ExpectationsSee More Headlines Receive SPFI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for South Plains Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 5/13 Dividend4/26/2024Dividend Payable5/13/2024Last Earnings7/18/2024Today7/27/2024Ex-Dividend for 8/12 Dividend7/29/2024Dividend Payable8/12/2024Next Earnings (Estimated)10/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryN/A Current SymbolNASDAQ:SPFI CUSIPN/A CIK1163668 Webwww.spfi.bank Phone(806) 792-7101FaxN/AEmployees547Year FoundedN/APrice Target and Rating Average Stock Price Target$34.33 High Stock Price Target$36.00 Low Stock Price Target$31.00 Potential Upside/Downside+3.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$3.74 Trailing P/E Ratio8.84 Forward P/E Ratio13.13 P/E GrowthN/ANet Income$62.74 million Net Margins16.53% Pretax Margin26.97% Return on Equity11.58% Return on Assets1.09% Debt Debt-to-Equity Ratio0.27 Current Ratio0.91 Quick Ratio0.91 Sales & Book Value Annual Sales$291.26 million Price / Sales1.86 Cash Flow$2.37 per share Price / Cash Flow13.98 Book Value$24.70 per share Price / Book1.34Miscellaneous Outstanding Shares16,420,000Free Float12,250,000Market Cap$543.17 million OptionableOptionable Beta0.59 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Curtis C. Griffith (Age 71)Chairman & CEO Comp: $888.33kMr. Cory T. Newsom (Age 56)President & Director Comp: $1.39MMr. Steven B. Crockett (Age 52)CFO & Treasurer Comp: $702.46kMs. Mikella D. Newsom (Age 50)Chief Risk Officer & Secretary Mr. Kelly L. Deterding (Age 65)President of Windmark Insurance & Senior VP of Insurance Development of City Bank Comp: $642.35kKey CompetitorsFarmers National BancNASDAQ:FMNBCNB FinancialNASDAQ:CCNEEquity BancsharesNASDAQ:EQBKAtlantic Capital BancsharesNASDAQ:ACBISierra BancorpNASDAQ:BSRRView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 4,787 shares on 7/26/2024Ownership: 0.386%Curtis C GriffithSold 7,830 sharesTotal: $204,519.60 ($26.12/share)California State Teachers Retirement SystemSold 918 shares on 5/16/2024Ownership: 0.075%Keeley Teton Advisors LLCSold 3,430 shares on 5/15/2024Ownership: 0.812%Vanguard Group Inc.Bought 12,196 shares on 5/10/2024Ownership: 3.299%View All Insider TransactionsView All Institutional Transactions SPFI Stock Analysis - Frequently Asked Questions How have SPFI shares performed this year? South Plains Financial's stock was trading at $28.96 on January 1st, 2024. Since then, SPFI shares have increased by 14.2% and is now trading at $33.08. View the best growth stocks for 2024 here. How were South Plains Financial's earnings last quarter? South Plains Financial, Inc. (NASDAQ:SPFI) issued its earnings results on Thursday, July, 18th. The company reported $0.66 earnings per share for the quarter, beating analysts' consensus estimates of $0.56 by $0.10. The business earned $71.92 million during the quarter, compared to analyst estimates of $46.50 million. South Plains Financial had a net margin of 16.53% and a trailing twelve-month return on equity of 11.58%. What is Cory Newsom's approval rating as South Plains Financial's CEO? 15 employees have rated South Plains Financial Chief Executive Officer Cory Newsom on Glassdoor.com. Cory Newsom has an approval rating of 76% among the company's employees. When did South Plains Financial IPO? South Plains Financial (SPFI) raised $63 million in an initial public offering on Thursday, May 9th 2019. The company issued 3,400,000 shares at a price of $17.50-$19.50 per share. Keefe, Bruyette & Woods (A Stifel Company) and Sandler O’Neill + Partners served as the underwriters for the IPO. Who are South Plains Financial's major shareholders? South Plains Financial's top institutional shareholders include Bank of New York Mellon Corp (0.39%). Insiders that own company stock include Richard D Campbell, Curtis C Griffith, Cory T Newsom and Noe G Valles. View institutional ownership trends. How do I buy shares of South Plains Financial? Shares of SPFI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of South Plains Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that South Plains Financial investors own include Main Street Capital (MAIN), Boeing (BA), General Motors (GM), NVIDIA (NVDA), Overstock.com (OSTK), Pure Storage (PSTG) and Riot Platforms (RIOT). This page (NASDAQ:SPFI) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredNext opportunity for crypto millionsThe Bitcoin halving is the #1 creator of "crypto millionaires". That's because historically, every halving has...Crypto 101 Media | Sponsoredtop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. 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