NASDAQ:SPFI South Plains Financial Stock Forecast, Price & 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 $11.60 -0.43 (-3.57 %) (As of 09/22/2020 03:54 PM ET) Add Compare Share Today's Range$11.52Now: $11.60▼$12.2550-Day Range$13.35MA: $14.51▼$15.0452-Week Range$11.30Now: $11.60▼$22.00Volume940 shsAverage Volume20,155 shsMarket Capitalization$209.48 millionP/E Ratio6.86Dividend Yield0.89%Beta0.45 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesInstitutional OwnershipHeadlinesShort InterestSocial Media There is no company description available for South Plains Financial Inc.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for South Plains Financial. Previous Next 2.0 Community Rank Outperform VotesSouth Plains Financial has received 26 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSouth Plains Financial has received 39 “underperform” votes. (Add your “underperform” vote.)Community SentimentSouth Plains Financial has received 60.00% “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 1.7 Dividend Strength Dividend YieldSouth Plains Financial has a dividend yield of 0.89%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthSouth Plains Financial has only been increasing its dividend for 1 years.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 8.00% 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 InsidersOnly 26.66% of the stock of South Plains Financial is held by insiders.Percentage Held by InstitutionsOnly 21.59% 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 -3.23% in the coming year, from $1.55 to $1.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of South Plains Financial is 6.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.43.Price to Earnings Ratio vs. SectorThe P/E ratio of South Plains Financial is 6.86, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.01.Price to Book Value per Share RatioSouth Plains Financial has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.0Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.11 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 Webwww.spfi.bank Phone806-792-7101Debt Debt-to-Equity Ratio0.72 Current Ratio0.88 Quick Ratio0.85Price-To-Earnings Trailing P/E Ratio6.86 Forward P/E Ratio7.48 P/E GrowthN/A Sales & Book Value Annual Sales$189.57 million Price / Sales1.11 Cash Flow$1.52 per share Price / Cash Flow7.61 Book Value$17.00 per share Price / Book0.68Profitability EPS (Most Recent Fiscal Year)$1.69 Net Income$29.22 million Net Margins14.60% Return on Equity9.80% Return on Assets0.97%Miscellaneous EmployeesN/A Outstanding Shares18,059,000Market Cap$209.48 million Next Earnings Date10/22/2020 (Estimated) OptionableNot Optionable $11.60 -0.43 (-3.57 %) (As of 09/22/2020 03:54 PM ET) 30 days | 90 days | 365 days | Advanced Chart 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. South Plains Financial (NASDAQ:SPFI) Frequently Asked Questions How has South Plains Financial's stock price 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 (WHO). Since then, SPFI shares have decreased by 32.7% and is now trading at $11.60. View which stocks have been most impacted by COVID-19. When is South Plains Financial's next earnings date? South Plains Financial is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020. View our earnings forecast for South Plains Financial. How were South Plains Financial's earnings last quarter? South Plains Financial (NASDAQ:SPFI) released its earnings results on Wednesday, July, 29th. The company reported $0.31 EPS for the quarter, beating the Zacks' consensus estimate of $0.26 by $0.05. The business earned $55.34 million during the quarter, compared to analyst estimates of $48.80 million. South Plains Financial had a net margin of 14.60% and a return on equity of 9.80%. 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 announced a quarterly dividend on Thursday, July 16th. Stockholders of record on Monday, July 27th will be given a dividend of $0.03 per share on Monday, August 10th. This represents a $0.12 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Friday, July 24th. View South Plains Financial's dividend history. Are investors shorting South Plains Financial? South Plains Financial saw a decline in short interest in the month of August. As of August 14th, there was short interest totaling 64,100 shares, a decline of 13.7% from the July 30th total of 74,300 shares. Based on an average daily trading volume, of 14,100 shares, the days-to-cover ratio is currently 4.5 days. Currently, 0.6% of the shares of the stock are sold short. View South Plains Financial's Short Interest. Who are some of South Plains Financial's key competitors? Some companies that are related to South Plains Financial include Oritani Financial (ORIT), Eagle Bancorp (EGBN), Stock Yards Bancorp (SYBT), Southside Bancshares (SBSI), FB Financial (FBK), Veritex (VBTX), 1st Source (SRCE), TriCo Bancshares (TCBK), German American Bancorp. (GABC), Great Western Bancorp (GWB), Enterprise Financial Services (EFSC), S & T Bancorp (STBA), Triumph Bancorp (TBK), OFG Bancorp (OFG) and First National Bank Alaska (FBAK). View all 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), 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 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. 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 variety of retail and institutional investors. Top institutional investors include FMR LLC (0.85%), FMR LLC (0.85%), State of Wisconsin Investment Board (0.63%), M3F Inc. (0.53%), Bank of New York Mellon Corp (0.20%) and Nuveen Asset Management LLC (0.19%). 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. Which major investors are selling South Plains Financial stock? SPFI stock was sold by a variety of institutional investors in the last quarter, including M3F Inc., Nuveen Asset Management LLC, UBS Group AG, Mackay Shields LLC, and Wedge Capital Management L L P NC. View insider buying and selling activity for South Plains Financial. Which major investors are buying South Plains Financial stock? SPFI stock was bought by a variety of institutional investors in the last quarter, including State of Wisconsin Investment Board, California Public Employees Retirement System, Sei Investments Co., FMR LLC, FMR LLC, Bank of New York Mellon Corp, Bank of America Corp DE, and Strs Ohio. Company insiders that have bought South Plains Financial stock in the last two years include Cory T Newsom, Curtis C Griffith, Kyle R Wargo, Mikella D Newsom, and Steven B Crockett. View insider buying and selling activity for South Plains Financial. 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 $11.60. How big of a company is South Plains Financial? South Plains Financial has a market capitalization of $209.48 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. What is South Plains Financial's official website? The official website for South Plains Financial is 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 9/22/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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