NASDAQ:SPFI - South Plains Financial Stock Price, Forecast & News

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

South Plains Financial declared a quarterly dividend on Thursday, January 16th. Shareholders 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 annualized dividend and a yield of 0.55%. The ex-dividend date is Friday, January 24th. View South Plains Financial's Dividend History.

South Plains Financial (NASDAQ:SPFI) posted its quarterly earnings results on Thursday, October, 24th. The company reported $0.45 EPS for the quarter, beating analysts' consensus estimates of $0.35 by $0.10. The firm earned $40.68 million during the quarter. South Plains Financial had a net margin of 15.41% and a return on equity of 11.68%. View South Plains Financial's Earnings History.

South Plains Financial is scheduled to release their next quarterly earnings announcement on Monday, June 22nd 2020. View Earnings Estimates for South Plains Financial.

2 brokers have issued 1-year 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 year. This suggests that the stock has a possible downside of 1.5%. View Analyst Price Targets for 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.

News headlines about SPFI stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. South Plains Financial earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned news articles 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 company's share price in the near term. View News Stories for South Plains Financial.

South Plains Financial saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 234,400 shares, an increase of 400.9% from the December 31st total of 46,800 shares. Based on an average daily volume of 55,400 shares, the short-interest ratio is currently 4.2 days. Approximately 2.2% 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 Veritex (VBTX), First Busey (BUSE), Seacoast Banking Co. of Florida (SBCF), S & T Bancorp (STBA), Southside Bancshares (SBSI), Lakeland Financial (LKFN), Enterprise Financial Services (EFSC), 1st Source (SRCE), FB Financial (FBK), TriCo Bancshares (TCBK), First Bancorp (FBNC), OFG Bancorp (OFG), Triumph Bancorp (TBK), Carolina Financial (CARO) and Boston Private Financial (BPFH).

Based on aggregate information from My MarketBeat watchlists, some companies that other South Plains Financial investors own include AbbVie (ABBV), Dominion Energy (D), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), Altria Group (MO), Philip Morris International (PM), Verizon Communications (VZ), Exxon Mobil (XOM), Gilead Sciences (GILD) and Huntington Bancshares (HBAN).

(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.

South Plains Financial's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Strs Ohio (0.11%). Company insiders that own South Plains Financial stock include Cory T Newsom, Kyle R Wargo, Mikella D Newsom, Richard D Campbell and Steven B Crockett. View Institutional Ownership Trends for South Plains Financial.

SPFI stock was bought by a variety of institutional investors in the last quarter, including Strs Ohio. Company insiders that have bought South Plains Financial stock in the last two years include Cory T Newsom, Kyle R Wargo, Mikella D Newsom and Steven B Crockett. View Insider Buying and Selling 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 $21.82.

South Plains Financial has a market capitalization of $392.98 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.

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