NASDAQ:SPFI

South Plains Financial Stock Forecast, Price & News

$22.66
-0.32 (-1.39 %)
(As of 09/17/2021 12:00 AM ET)
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Today's Range
$22.66
$23.21
50-Day Range
$22.18
$23.95
52-Week Range
$11.52
$25.08
Volume169,902 shs
Average Volume27,955 shs
Market Capitalization$406.75 million
P/E Ratio6.76
Dividend Yield1.57%
Beta0.67
30 days | 90 days | 365 days | Advanced Chart
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South Plains Financial logo

About South Plains Financial

South Plains Financial, Inc. is a bank holding company, which engages in the provision of commercial and retail banking services through its subsidiary, City Bank. The firm also offers insurance, investment, trust and mortgage services though its other non-bank subsidiaries. It operates through the Banking and Insurance business segments. The company was founded on October 28, 1992 and is headquartered in Lubbock, TX.

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MarketRank

Overall MarketRank

1.88 out of 5 stars

Finance Sector

732nd out of 1,330 stocks

State Commercial Banks Industry

164th out of 232 stocks

Analyst Opinion: 0.0Community Rank: 4.0Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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South Plains Financial (NASDAQ:SPFI) Frequently Asked Questions

What stocks does MarketBeat like better than South Plains Financial?

Wall Street analysts have given South Plains Financial a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but South Plains Financial wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is South Plains Financial's next earnings date?

South Plains Financial is scheduled to release its next quarterly earnings announcement on Tuesday, October 26th 2021.
View our earnings forecast for South Plains Financial
.

How were South Plains Financial's earnings last quarter?

South Plains Financial, Inc. (NASDAQ:SPFI) posted its quarterly earnings data on Tuesday, July, 27th. The company reported $0.74 EPS for the quarter, topping analysts' consensus estimates of $0.63 by $0.11. The business had revenue of $51.84 million for the quarter, compared to analyst estimates of $51.70 million. South Plains Financial had a trailing twelve-month return on equity of 16.50% and a net margin of 25.50%.
View South Plains Financial's earnings history
.

How has South Plains Financial's stock been impacted by COVID-19?

South Plains Financial's stock was trading at $17.24 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SPFI shares have increased by 31.4% and is now trading at $22.66.
View which stocks have been most impacted by COVID-19
.

How often does South Plains Financial pay dividends? What is the dividend yield for South Plains Financial?

South Plains Financial announced a quarterly dividend on Thursday, July 22nd. Investors of record on Monday, August 2nd will be given a dividend of $0.09 per share on Monday, August 16th. This represents a $0.36 annualized dividend and a dividend yield of 1.59%. The ex-dividend date is Friday, July 30th. This is a boost from South Plains Financial's previous quarterly dividend of $0.07.
View South Plains Financial's dividend history
.

Is South Plains Financial a good dividend stock?

South Plains Financial pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.57%. The dividend payout ratio of South Plains Financial is 14.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, South Plains Financial will have a dividend payout ratio of 15.79% next year. This indicates that South Plains Financial will be able to sustain or increase its dividend.
View South Plains Financial's dividend history.

Who are South Plains Financial's key executives?

South Plains Financial's management team includes the following people:
  • Curtis C. Griffith, Chairman & Chief Executive Officer
  • Cory T. Newsom, President & Director
  • Steven B. Crockett, CFO, Treasurer & Principal Accounting Officer
  • Mikella D. Newsom, Secretary & Chief Risk Officer

What is Cory Newsom's approval rating as South Plains Financial's CEO?

15 employees have rated South Plains Financial CEO Cory Newsom on Glassdoor.com. Cory Newsom has an approval rating of 76% among South Plains Financial's employees.

Who are some of South Plains Financial's key competitors?

What other stocks do shareholders of South Plains Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other South Plains Financial investors own include Main Street Capital (MAIN), The Boeing (BA), General Motors (GM), NVIDIA (NVDA), Overstock.com (OSTK), Pure Storage (PSTG), Riot Blockchain (RIOT), CalAmp (CAMP), Delphi Technologies (DLPH) and DocuSign (DOCU).

When did South Plains Financial IPO?

(SPFI) raised $63 million in an initial public offering (IPO) on Thursday, May 9th 2019. The company issued 3,400,000 shares at $17.50-$19.50 per share. Keefe, Bruyette & Woods (A Stifel Company) and Sandler O’Neill + Partners served as the underwriters for the IPO.

What is South Plains Financial's stock symbol?

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

Who are South Plains Financial's major shareholders?

South Plains Financial's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.26%), Vanguard Group Inc. (2.76%), Venturi Wealth Management LLC (1.11%), Kennedy Capital Management Inc. (1.08%), Geode Capital Management LLC (0.89%) and State Street Corp (0.85%). Company insiders that own South Plains Financial stock include Curtis C Griffith and Kyle R Wargo.
View institutional ownership trends for South Plains Financial
.

Which major investors are selling South Plains Financial stock?

SPFI stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, JPMorgan Chase & Co., Russell Investments Group Ltd., Bank of America Corp DE, State Street Corp, BlackRock Inc., Basswood Capital Management L.L.C., and Venturi Wealth Management LLC.
View insider buying and selling activity for South Plains Financial
or view top insider-selling stocks.

Which major investors are buying South Plains Financial stock?

SPFI stock was acquired by a variety of institutional investors in the last quarter, including Geode Capital Management LLC, Millennium Management LLC, Dimensional Fund Advisors LP, Nuveen Asset Management LLC, and Vanguard Group Inc.. Company insiders that have bought South Plains Financial stock in the last two years include Curtis C Griffith, and Kyle R Wargo.
View insider buying and selling activity for South Plains Financial
or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is South Plains Financial's stock price today?

One share of SPFI stock can currently be purchased for approximately $22.66.

How much money does South Plains Financial make?

South Plains Financial has a market capitalization of $406.75 million and generates $239.83 million in revenue each year. The company earns $45.35 million in net income (profit) each year or $2.48 on an earnings per share basis.

How many employees does South Plains Financial have?

South Plains Financial employs 653 workers across the globe.

What is South Plains Financial's official website?

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

Where are South Plains Financial's headquarters?

South Plains Financial is headquartered at 5219 CITY BANK PARKWAY, LUBBOCK TX, 79407.

How can I contact South Plains Financial?

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].


This page was last updated on 9/19/2021 by MarketBeat.com Staff
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