NASDAQ:SRCE

1st Source Stock Forecast, Price & News

$44.59
+0.80 (+1.83 %)
(As of 09/22/2021 04:00 PM ET)
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Today's Range
$44.06
$45.04
50-Day Range
$41.81
$47.94
52-Week Range
$28.72
$51.01
Volume37,679 shs
Average Volume66,015 shs
Market Capitalization$1.12 billion
P/E Ratio10.88
Dividend Yield2.83%
Beta1.19
30 days | 90 days | 365 days | Advanced Chart
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1st Source logo

About 1st Source

1st Source Corp. operates as a bank holding company for 1st Source Bank. It provides financial products and services through its subsidiaries. The bank offers commercial & consumer banking services, trust & investment management services and insurance to individuals and businesses. The firm provides commercial, small business, agricultural and real estate loans, including financing for industrial & commercial properties, financing for equipment, inventories & accounts receivables and acquisition financing. It also provides trust, investment, agency and custodial services for individual, corporate and not-for-profit clients. The company was founded in 1971 and is headquartered in South Bend, IN.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.68 out of 5 stars

Finance Sector

142nd out of 1,332 stocks

State Commercial Banks Industry

23rd out of 232 stocks

Analyst Opinion: 1.5Community Rank: 4.0Dividend Strength: 2.5Insider Behavior: 4.2Valuation: 1.3 5 -4 -3 -2 -1 -
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1st Source (NASDAQ:SRCE) Frequently Asked Questions

Is 1st Source a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 1st Source in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" 1st Source stock.
View analyst ratings for 1st Source
or view top-rated stocks.

What stocks does MarketBeat like better than 1st Source?

Wall Street analysts have given 1st Source a "Buy" 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 1st Source wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is 1st Source's next earnings date?

1st Source is scheduled to release its next quarterly earnings announcement on Thursday, October 28th 2021.
View our earnings forecast for 1st Source
.

How were 1st Source's earnings last quarter?

1st Source Co. (NASDAQ:SRCE) issued its earnings results on Wednesday, July, 21st. The financial services provider reported $1.19 EPS for the quarter, topping the Zacks' consensus estimate of $1.06 by $0.13. The financial services provider earned $81.83 million during the quarter, compared to analyst estimates of $84.50 million. 1st Source had a trailing twelve-month return on equity of 11.25% and a net margin of 29.10%.
View 1st Source's earnings history
.

How has 1st Source's stock price been impacted by Coronavirus (COVID-19)?

1st Source's stock was trading at $32.20 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SRCE shares have increased by 38.5% and is now trading at $44.59.
View which stocks have been most impacted by COVID-19
.

How often does 1st Source pay dividends? What is the dividend yield for 1st Source?

1st Source declared a quarterly dividend on Saturday, July 24th. Stockholders of record on Tuesday, August 3rd will be given a dividend of $0.31 per share on Friday, August 13th. This represents a $1.24 annualized dividend and a dividend yield of 2.78%. The ex-dividend date is Monday, August 2nd. This is a boost from 1st Source's previous quarterly dividend of $0.30.
View 1st Source's dividend history
.

Is 1st Source a good dividend stock?

1st Source pays an annual dividend of $1.24 per share and currently has a dividend yield of 2.83%. 1st Source does not yet have a strong track record of dividend growth. The dividend payout ratio of 1st Source is 39.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, 1st Source will have a dividend payout ratio of 33.42% next year. This indicates that 1st Source will be able to sustain or increase its dividend.
View 1st Source's dividend history.

What price target have analysts set for SRCE?

1 brokers have issued 1 year target prices for 1st Source's stock. Their forecasts range from $44.00 to $44.00. On average, they anticipate 1st Source's stock price to reach $44.00 in the next year. This suggests that the stock has a possible downside of 1.3%.
View analysts' price targets for 1st Source
or view top-rated stocks among Wall Street analysts.

Who are 1st Source's key executives?

1st Source's management team includes the following people:
  • Christopher J. Murphy, Chairman, President & Chief Executive Officer
  • John Bedient, Chief Operating Officer
  • Brett A. Bauer, CFO, Treasurer, Chief Accounting Officer & SVP
  • John B. Griffith, Secretary, Chief Administration Officer & EVP
  • Andrea G. Short, Executive Vice President

What is Chris Murphy III's approval rating as 1st Source's CEO?

38 employees have rated 1st Source CEO Chris Murphy III on Glassdoor.com. Chris Murphy III has an approval rating of 89% among 1st Source's employees.

Who are some of 1st Source's key competitors?

What other stocks do shareholders of 1st Source own?

Based on aggregate information from My MarketBeat watchlists, some companies that other 1st Source investors own include Bank of America (BAC), Anadarko Petroleum (APC), Fresnillo (FNLPF), KeyCorp (KEY), 3M (MMM), Exxon Mobil (XOM), Arbor Realty Trust (ABR), Pfizer (PFE), Aflac (AFL) and The Boeing (BA).

What is 1st Source's stock symbol?

1st Source trades on the NASDAQ under the ticker symbol "SRCE."

Who are 1st Source's major shareholders?

1st Source's stock is owned by many different retail and institutional investors. Top institutional investors include 1ST Source Bank (29.99%), Dimensional Fund Advisors LP (6.89%), BlackRock Inc. (5.37%), Vanguard Group Inc. (3.54%), Alliancebernstein L.P. (3.23%) and State Street Corp (2.15%). Company insiders that own 1st Source stock include Andrea G Short, Christopher J Murphy III, Daniel B Fitzpatrick, John B Griffith, John T Phair and Mark D Schwabero.
View institutional ownership trends for 1st Source
.

Which major investors are selling 1st Source stock?

SRCE stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., First Trust Advisors LP, Renaissance Technologies LLC, Dimensional Fund Advisors LP, Alliancebernstein L.P., JPMorgan Chase & Co., Victory Capital Management Inc., and California Public Employees Retirement System. Company insiders that have sold 1st Source company stock in the last year include Andrea G Short, and John T Phair.
View insider buying and selling activity for 1st Source
or view top insider-selling stocks.

Which major investors are buying 1st Source stock?

SRCE stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Boston Trust Walden Corp, FMR LLC, Bank of Montreal Can, Morgan Stanley, Morgan Stanley, Charles Schwab Investment Management Inc., and Susquehanna International Group LLP. Company insiders that have bought 1st Source stock in the last two years include Christopher J Murphy III, Daniel B Fitzpatrick, and Mark D Schwabero.
View insider buying and selling activity for 1st Source
or or view top insider-buying stocks.

How do I buy shares of 1st Source?

Shares of SRCE 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 1st Source's stock price today?

One share of SRCE stock can currently be purchased for approximately $44.59.

How much money does 1st Source make?

1st Source has a market capitalization of $1.12 billion and generates $366.92 million in revenue each year. The financial services provider earns $81.44 million in net income (profit) each year or $3.17 on an earnings per share basis.

How many employees does 1st Source have?

1st Source employs 1,175 workers across the globe.

What is 1st Source's official website?

The official website for 1st Source is www.1stsource.com.

Where are 1st Source's headquarters?

1st Source is headquartered at 100 NORTH MICHIGAN STREET, SOUTH BEND IN, 46601.

How can I contact 1st Source?

1st Source's mailing address is 100 NORTH MICHIGAN STREET, SOUTH BEND IN, 46601. The financial services provider can be reached via phone at (800) 513-2360 or via email at [email protected].


This page was last updated on 9/23/2021 by MarketBeat.com Staff
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