NASDAQ:SPFISouth Plains Financial Stock Price, Forecast & News

South Plains Financial's stock was trading at $17.24 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SPFI stock has decreased by 24.0% and is now trading at $13.10. View which stocks have been most impacted by Coronavirus.

South Plains Financial is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for South Plains Financial.

South Plains Financial (NASDAQ:SPFI) posted its earnings results on Thursday, April, 30th. The company reported $0.38 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.38. The firm earned $49.07 million during the quarter, compared to analysts' expectations of $44.15 million. South Plains Financial had a net margin of 15.76% and a return on equity of 10.31%. View South Plains Financial's earnings history.

South Plains Financial declared a quarterly dividend on Thursday, April 16th. Shareholders of record on Monday, April 27th will be given a dividend of $0.03 per share on Monday, May 11th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date of this dividend is Friday, April 24th. View South Plains Financial's dividend history.

News articles about SPFI stock have trended very negative on Monday, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. South Plains Financial earned a coverage optimism score of -3.2 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about South Plains Financial.

South Plains Financial saw a decrease in short interest in June. As of June 30th, there was short interest totaling 43,700 shares, a decrease of 40.5% from the June 15th total of 73,400 shares. Based on an average daily trading volume, of 21,900 shares, the short-interest ratio is presently 2.0 days. Currently, 0.4% of the company's stock are sold short. View South Plains Financial's Current Options Chain.

Some companies that are related to South Plains Financial include Eagle Bancorp (EGBN), First Busey (BUSE), S & T Bancorp (STBA), 1st Source (SRCE), Southside Bancshares (SBSI), Oritani Financial (ORIT), TriCo Bancshares (TCBK), Stock Yards Bancorp (SYBT), Veritex (VBTX), German American Bancorp. (GABC), Enterprise Financial Services (EFSC), FB Financial (FBK), Great Western Bancorp (GWB), First Foundation (FFWM) and OFG Bancorp (OFG). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other South Plains Financial investors own include AbbVie (ABBV), Amplify Energy (AMPY), Amplify Energy (AMPY), Algonquin Power & Utilities (AQN), BCE (BCE), Franklin Resources (BEN), Bank of Nova Scotia (BNS), British American Tobacco (BTI), Carnival (CCL) and Canadian Imperial Bank of Commerce (CM).

(SPFI) raised $63 million in an initial public offering (IPO) 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.

South Plains Financial trades on the NASDAQ under the ticker symbol "SPFI."

South Plains Financial's stock is owned by a number of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.12%). Company insiders that own South Plains Financial stock include Cory T Newsom, Curtis C Griffith, Kyle R Wargo, Mikella D Newsom, Richard D Campbell and Steven B Crockett. View institutional ownership trends for South Plains Financial.

SPFI stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC. View insider buying and selling activity for South Plains Financial.

Shares of SPFI 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.

One share of SPFI stock can currently be purchased for approximately $13.10.

South Plains Financial has a market capitalization of $236.59 million and generates $189.57 million in revenue each year. The company earns $29.22 million in net income (profit) each year or $1.69 on an earnings per share basis.

The official website for South Plains Financial is www.spfi.bank.

South Plains Financial's mailing address is 5219 CITY BANK PARKWAY, LUBBOCK TX, 79407. The company can be reached via phone at 806-792-7101 or via email at [email protected]