NASDAQ:SRCE - 1st Source Stock Price, Forecast & News

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

1st Source declared a quarterly dividend on Thursday, January 23rd. Shareholders of record on Tuesday, February 4th will be given a dividend of $0.29 per share on Friday, February 14th. This represents a $1.16 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date is Monday, February 3rd. View 1st Source's Dividend History.

1st Source Co. (NASDAQ:SRCE) issued its earnings results on Thursday, January, 23rd. The financial services provider reported $0.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by $0.04. The financial services provider earned $80.87 million during the quarter, compared to analysts' expectations of $82 million. 1st Source had a return on equity of 11.41% and a net margin of 23.95%. View 1st Source's Earnings History.

1st Source is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for 1st Source.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 1st Source in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for 1st Source.

Media coverage about SRCE stock has been trending somewhat positive this week, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. 1st Source earned a news sentiment score of 1.8 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for 1st Source.

1st Source saw a increase in short interest in January. As of January 31st, there was short interest totalling 230,200 shares, an increase of 12.0% from the January 15th total of 205,500 shares. Based on an average trading volume of 41,100 shares, the days-to-cover ratio is currently 5.6 days. Approximately 1.3% of the shares of the stock are sold short. View 1st Source's Current Options Chain.

Some companies that are related to 1st Source include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Signature Bank (SBNY), East West Bancorp (EWBC) and TCF Financial (TCF).

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), IBM (IBM), KeyCorp (KEY), ARBOR RLTY TR I/SH (ABR), Exxon Mobil (XOM), 3M (MMM), Huntington Bancshares (HBAN) and PepsiCo (PEP).

1st Source's stock is owned by a variety of of institutional and retail investors. Top institutional investors include 1ST Source Bank (28.14%), Renaissance Technologies LLC (1.39%), State Street Corp (1.38%), Goldman Sachs Group Inc. (1.00%), Boston Trust Walden Corp (0.97%) and Reinhart Partners Inc. (0.91%). Company insiders that own 1st Source stock include Allison N Egidi, Jeffrey L Buhr, John Afleck-Graves, John B Griffith and Melody Birmingham-Byrd. View Institutional Ownership Trends for 1st Source.

SRCE stock was sold by a variety of institutional investors in the last quarter, including Charles Schwab Investment Management Inc., 1ST Source Bank, Victory Capital Management Inc., Victory Capital Management Inc., AQR Capital Management LLC, Strs Ohio, Chicago Equity Partners LLC and Oxford Asset Management LLP. View Insider Buying and Selling for 1st Source.

SRCE stock was bought by a variety of institutional investors in the last quarter, including Reinhart Partners Inc., State Street Corp, Bank of Montreal Can, Goldman Sachs Group Inc., AJO LP, Acadian Asset Management LLC, Renaissance Technologies LLC and Employees Retirement System of Texas. Company insiders that have bought 1st Source stock in the last two years include John Afleck-Graves and Melody Birmingham-Byrd. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of SRCE stock can currently be purchased for approximately $47.76.

1st Source has a market capitalization of $1.22 billion and generates $384.01 million in revenue each year. The financial services provider earns $91.96 million in net income (profit) each year or $3.57 on an earnings per share basis. 1st Source employs 1,150 workers across the globe.View Additional Information About 1st Source.

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

1st Source's mailing address is 100 NORTH MICHIGAN STREET, SOUTH BEND IN, 46601. The financial services provider can be reached via phone at 574-235-2000 or via email at [email protected]