NASDAQ:SPFISouth Plains Financial Stock Price, Forecast & News

$15.70

+1.97 (+14.35 %)

(As of 04/9/2020 04:00 PM ET)

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Today's Range

$13.76

Now: $15.70▼

$15.70

50-Day Range

$12.29

MA: $16.63▼

$20.93

52-Week Range

$12.00

Now: $15.70▼

$22.00

Volume20,508 shs

Average Volume25,081 shs

Market Capitalization$283.48 million

P/E Ratio9.29

Dividend Yield0.87%

BetaN/A

There is no company description available for South Plains Financial Inc.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
South Plains Financial 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 $21.50, South Plains Financial has a potential upside of 36.9% from its current price of $15.70.
Amount of Analyst Coverage
South Plains Financial has received no research coverage in the past 90 days.

2.1 Community Rank

Outperform Votes
South Plains Financial has received 22 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
South Plains Financial has received 31 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
South Plains Financial has received 58.49% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about South Plains Financial and other stocks. Vote “Outperform” if you believe SPFI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SPFI will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
South Plains Financial is a leading dividend payer. It pays a dividend yield of 0.87%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
South Plains Financial does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of South Plains Financial is 7.10 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, South Plains Financial will have a dividend payout ratio of 7.27 % next year. This indicates that South Plains Financial will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, South Plains Financial insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 22.74% of the stock of South Plains Financial is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for South Plains Financial are expected to decrease by -5.71% in the coming year, from $1.75 to $1.65 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of South Plains Financial is 9.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 12.91.
Price to Earnings Ratio vs. Sector
The P/E ratio of South Plains Financial is 9.29, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 13.70.
Price to Book Value per Share Ratio
South Plains Financial has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.16 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:SPFI

Previous Symbol

CUSIPN/A

CIKN/A

Webhttp://www.spfi.bank/

Phone806-792-7101

Debt

Debt-to-Equity Ratio0.55

Current Ratio0.85

Quick Ratio0.83

Price-To-Earnings

Trailing P/E Ratio9.29

Forward P/E Ratio8.97

P/E GrowthN/A

Sales & Book Value

Annual Sales$189.57 million

Price / Sales1.50

Cash Flow$2.28 per share

Price / Cash Flow6.90

Book Value$17.00 per share

Price / Book0.92

Profitability

EPS (Most Recent Fiscal Year)$1.69

Net Income$29.22 million

Net Margins15.41%

Return on Equity11.06%

Return on Assets1.01%

Miscellaneous

EmployeesN/A

Outstanding Shares18,056,000

Market Cap$283.48 million

Next Earnings Date6/22/2020 (Estimated)

OptionableNot Optionable

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South Plains Financial (NASDAQ:SPFI) Frequently Asked Questions

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

South Plains Financial's stock was trading at $17.24 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SPFI stock has decreased by 8.9% and is now trading at $15.70. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of South Plains Financial?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for South Plains Financial in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for South Plains Financial.

When is South Plains Financial's next earnings date?

South Plains Financial is scheduled to release its next quarterly earnings announcement on Monday, June 22nd 2020. View our earnings forecast for South Plains Financial.

How were South Plains Financial's earnings last quarter?

South Plains Financial (NASDAQ:SPFI) announced its earnings results on Friday, January, 24th. The company reported $0.55 earnings per share for the quarter. The company had revenue of $45.36 million for the quarter. South Plains Financial had a net margin of 15.41% and a return on equity of 11.06%. View South Plains Financial's earnings history.

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

South Plains Financial declared a quarterly dividend on Thursday, January 16th. Stockholders of record on Monday, January 27th will be paid a dividend of $0.03 per share on Monday, February 10th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend is Friday, January 24th. View South Plains Financial's dividend history.

What price target have analysts set for SPFI?

2 analysts have issued 12 month price targets for South Plains Financial's stock. Their forecasts range from $21.00 to $22.00. On average, they anticipate South Plains Financial's stock price to reach $21.50 in the next twelve months. This suggests a possible upside of 36.9% from the stock's current price. View analysts' price targets for South Plains Financial.

Has South Plains Financial been receiving favorable news coverage?

Press coverage about SPFI stock has trended very negative recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. South Plains Financial earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutSouth Plains Financial.

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

Some companies that are related to South Plains Financial include Seacoast Banking Co. of Florida (SBCF), TriCo Bancshares (TCBK), First Busey (BUSE), 1st Source (SRCE), Oritani Financial (ORIT), Veritex (VBTX), Enterprise Financial Services (EFSC), Carolina Financial (CARO), German American Bancorp. (GABC), FB Financial (FBK), First Bancorp (FBNC), Washington Trust Bancorp (WASH), Stock Yards Bancorp (SYBT), First National Bank Alaska (FBAK) and Republic Bancorp, Inc. KY (RBCAA).

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 Gilead Sciences (GILD), Huntington Bancshares (HBAN), MetroCity Bankshares (MCBS), Methanex (MEOH), PacWest Bancorp (PACW), People's United Financial (PBCT), Pattern Energy Group (PEGI), Primo Water (PRMW), Walgreens Boots Alliance (WBA) and AbbVie (ABBV).

When did South Plains Financial IPO?

(SPFI) raised $63 million in an 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."

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is South Plains Financial's stock price today?

One share of SPFI stock can currently be purchased for approximately $15.70.

How big of a company is South Plains Financial?

South Plains Financial has a market capitalization of $283.48 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. View additional information about South Plains Financial.

What is South Plains Financial's official website?

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

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 4/9/2020 by MarketBeat.com Staff

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