NASDAQ:SPFISouth Plains Financial Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding South Plains Financial Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $12.31 -0.59 (-4.57 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$12.00Now: $12.31▼$13.3050-Day Range$12.29MA: $17.57▼$21.0152-Week Range$12.00Now: $12.31▼$22.00Volume15,433 shsAverage Volume32,288 shsMarket Capitalization$222.32 millionP/E Ratio7.28Dividend Yield0.93%BetaN/A ProfileAnalyst RatingsAdvanced ChartDividendEarningsInsider TradesInstitutional OwnershipHeadlinesSocial Media There is no company description available for South Plains Financial Inc.Read More Beat the Market (BTM) Rank™ 3.5 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 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.50, South Plains Financial has a potential upside of 74.7% from its current price of $12.31.Amount of Analyst CoverageSouth Plains Financial has received no research coverage in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesSouth Plains Financial has received 22 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSouth Plains Financial has received 31 “underperform” votes. (Add your “underperform” vote.)Community SentimentSouth 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. Previous Next 3.3 Dividend Strength Dividend LeadershipSouth Plains Financial is a leading dividend payer. It pays a dividend yield of 0.93%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSouth Plains Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of South Plains Financial is 7.10 %. 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 7.27 % next year. This indicates that South Plains Financial will be able to sustain or increase its dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, South Plains Financial insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 22.74% of the stock of South Plains Financial is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings 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 MarketThe P/E ratio of South Plains Financial is 7.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.07.Price to Earnings Ratio vs. SectorThe P/E ratio of South Plains Financial is 7.28, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 11.43.Price to Book Value per Share RatioSouth Plains Financial has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -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/ Phone806-792-7101Debt Debt-to-Equity Ratio0.55 Current Ratio0.85 Quick Ratio0.83Price-To-Earnings Trailing P/E Ratio7.28 Forward P/E Ratio7.03 P/E GrowthN/A Sales & Book Value Annual Sales$189.57 million Price / Sales1.17 Cash Flow$1.84 per share Price / Cash Flow6.69 Book Value$17.00 per share Price / Book0.72Profitability 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 Shares18,060,000Market Cap$222.32 million Next Earnings Date6/22/2020 (Estimated) OptionableNot Optionable Receive SPFI News and Ratings via Email Sign-up to receive the latest news and ratings for SPFI and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:SPFI Rates by TradingView 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 28.6% and is now trading at $12.31. View which stocks have been mosted 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 (EPS) for the quarter. The business 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. Shareholders of record on Monday, January 27th will be given 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 0.97%. The ex-dividend date is Friday, January 24th. View South Plains Financial's dividend history. What price target have analysts set for SPFI? 2 Wall Street analysts have issued 12-month target prices for South Plains Financial's shares. Their forecasts range from $21.00 to $22.00. On average, they anticipate South Plains Financial's share price to reach $21.50 in the next twelve months. This suggests a possible upside of 74.7% from the stock's current price. View analysts' price targets for South Plains Financial. Has South Plains Financial been receiving favorable news coverage? Media coverage about SPFI stock has trended very negative on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. South Plains Financial earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. 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 Southside Bancshares (SBSI), Seacoast Banking Co. of Florida (SBCF), Oritani Financial (ORIT), First Busey (BUSE), TriCo Bancshares (TCBK), 1st Source (SRCE), Enterprise Financial Services (EFSC), Veritex (VBTX), German American Bancorp. (GABC), First National Bank Alaska (FBAK), Carolina Financial (CARO), First Bancorp (FBNC), Washington Trust Bancorp (WASH), Stock Yards Bancorp (SYBT) and Triumph Bancorp (TBK). 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 $12.31. How big of a company is South Plains Financial? South Plains Financial has a market capitalization of $222.32 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 4/4/2020 by MarketBeat.com StaffFeatured Article: What is the Beige Book?
