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S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
ASML’s Earnings Could Bring The Stock to New Highs
Stock market today: Asian benchmarks trade mixed amid expectations for US rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
Undervalued UnitedHealth Group Won’t Be For Long
Silicon Motion Proves That AI in Motion Stays in Motion
DocuSign and The Case for 66% Upside 
3 Computer Vision Stocks for Long-Term Gains From AI
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
ASML’s Earnings Could Bring The Stock to New Highs
Stock market today: Asian benchmarks trade mixed amid expectations for US rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
Undervalued UnitedHealth Group Won’t Be For Long
Silicon Motion Proves That AI in Motion Stays in Motion
DocuSign and The Case for 66% Upside 
3 Computer Vision Stocks for Long-Term Gains From AI
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
ASML’s Earnings Could Bring The Stock to New Highs
Stock market today: Asian benchmarks trade mixed amid expectations for US rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
Undervalued UnitedHealth Group Won’t Be For Long
Silicon Motion Proves That AI in Motion Stays in Motion
DocuSign and The Case for 66% Upside 
3 Computer Vision Stocks for Long-Term Gains From AI
NASDAQ:SSB

SouthState (SSB) Stock Price, News & Analysis

$76.45
-1.56 (-2.00%)
(As of 04/16/2024 ET)
Today's Range
$76.30
$77.85
50-Day Range
$76.45
$85.54
52-Week Range
$59.51
$87.77
Volume
431,230 shs
Average Volume
408,784 shs
Market Capitalization
$5.83 billion
P/E Ratio
11.83
Dividend Yield
2.72%
Price Target
$87.80

SouthState MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
14.8% Upside
$87.80 Price Target
Short Interest
N/A
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$988,686 Sold Last Quarter
Proj. Earnings Growth
7.84%
From $6.63 to $7.15 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.64 out of 5 stars

Finance Sector

382nd out of 831 stocks

State Commercial Banks Industry

102nd out of 173 stocks

SSB stock logo

About SouthState Stock (NASDAQ:SSB)

SouthState Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies. It offers checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, money market accounts, and other time deposits, as well as bond accounting, asset/liability consulting related activities, and other clearing and corporate checking account services. The company also offers commercial real estate loans, residential real estate loans, commercial, and industrial loans, as well as consumer loans, including auto, boat, and personal installment, as well as business, agriculture, real estate-secured (mortgage), home improvement, and manufactured housing loans. In addition, it provides debit card, mobile services, funds transfer products and services, and treasury management services comprising merchant, automated clearing house, lock-box, remote deposit capture, and other treasury services, as well as asset and wealth management, and other fiduciary and private banking services. Further, the company offers safe deposit boxes, bank money orders, wire transfer, brokerage services, and alternative investment products, including annuities, mutual funds, and trust management services; and credit cards, letters of credit, and home equity lines of credit. The company also serves its customers through online, mobile, and telephone banking platforms. The company was formerly known as First Financial Holdings, Inc. and changed its name to SouthState Corporation in July 2013. SouthState Corporation was founded in 1933 and is headquartered in Winter Haven, Florida.

SSB Stock Price History

SSB Stock News Headlines

Can't believe it's happening again
One of the single most unique and powerful events in the markets is coming in the next two months. It’s scheduled for April 22, 2024. But investors are moving now to get ahead of what’s coming… driving up prices of one asset dramatically. And you should do the same.
Lake Norman brewery in bankruptcy
Can't believe it's happening again
One of the single most unique and powerful events in the markets is coming in the next two months. It’s scheduled for April 22, 2024. But investors are moving now to get ahead of what’s coming… driving up prices of one asset dramatically. And you should do the same.
SouthState Corp's Dividend Analysis
Piper Sandler Reaffirms Their Buy Rating on SouthState Corporation (SSB)
SouthState (SSB) Q4 Earnings and Revenues Top Estimates
South State declares $0.52 dividend
A Preview Of SouthState's Earnings
See More Headlines
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Company Calendar

Last Earnings
1/25/2024
Ex-Dividend for 2/16 Dividend
2/08/2024
Dividend Payable
2/16/2024
Today
4/16/2024
Next Earnings (Confirmed)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:SSB
CUSIP
78401V10
Employees
5,070
Year Founded
1934

Price Target and Rating

Average Stock Price Target
$87.80
High Stock Price Target
$102.00
Low Stock Price Target
$78.00
Potential Upside/Downside
+14.8%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$494.31 million
Pretax Margin
28.27%

Debt

Sales & Book Value

Annual Sales
$2.23 billion
Cash Flow
$7.73 per share
Book Value
$72.78 per share

Miscellaneous

Free Float
74,957,000
Market Cap
$5.83 billion
Optionable
Optionable
Beta
0.74

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SSB Stock Analysis - Frequently Asked Questions

Should I buy or sell SouthState stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SouthState in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SSB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SSB, but not buy additional shares or sell existing shares.
View SSB analyst ratings
or view top-rated stocks.

What is SouthState's stock price target for 2024?

5 analysts have issued 1 year price objectives for SouthState's stock. Their SSB share price targets range from $78.00 to $102.00. On average, they predict the company's share price to reach $87.80 in the next year. This suggests a possible upside of 14.8% from the stock's current price.
View analysts price targets for SSB
or view top-rated stocks among Wall Street analysts.

How have SSB shares performed in 2024?

SouthState's stock was trading at $84.45 on January 1st, 2024. Since then, SSB stock has decreased by 9.5% and is now trading at $76.45.
View the best growth stocks for 2024 here
.

When is SouthState's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our SSB earnings forecast
.

How can I listen to SouthState's earnings call?

SouthState will be holding an earnings conference call on Friday, April 26th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were SouthState's earnings last quarter?

SouthState Co. (NASDAQ:SSB) posted its quarterly earnings results on Thursday, January, 25th. The bank reported $1.67 EPS for the quarter, beating the consensus estimate of $1.54 by $0.13. The bank earned $419.72 million during the quarter, compared to the consensus estimate of $419.08 million. SouthState had a trailing twelve-month return on equity of 9.85% and a net margin of 22.15%.

How often does SouthState pay dividends? What is the dividend yield for SouthState?

SouthState announced a quarterly dividend on Wednesday, January 24th. Stockholders of record on Friday, February 9th will be paid a dividend of $0.52 per share on Friday, February 16th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date of this dividend is Thursday, February 8th.
Read our dividend analysis for SSB
.

Is SouthState a good dividend stock?

SouthState (NASDAQ:SSB) pays an annual dividend of $2.08 per share and currently has a dividend yield of 2.65%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 32.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSB will have a dividend payout ratio of 29.09% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SSB.

What other stocks do shareholders of SouthState own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SouthState investors own include NVIDIA (NVDA), CVS Health (CVS), QUALCOMM (QCOM), Boeing (BA), Procter & Gamble (PG), Stitch Fix (SFIX), UGI (UGI), Illumina (ILMN), Johnson & Johnson (JNJ) and Mastercard (MA).

Who are SouthState's major shareholders?

SouthState's stock is owned by many different retail and institutional investors. Top institutional investors include Fifth Third Wealth Advisors LLC (0.04%) and Red Spruce Capital LLC (0.04%). Insiders that own company stock include Daniel E Bockhorst, Douglas Lloyd Williams, Ernest S Pinner, G Ruffner Page Jr, Greg A Lapointe, John C Corbett, John C Pollok, Renee R Brooks, Richard Iv Murray, Robert R Hill Jr, Robert R Horger, Ronald M Cofield and William E V Matthews.
View institutional ownership trends
.

How do I buy shares of SouthState?

Shares of SSB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SSB) was last updated on 4/17/2024 by MarketBeat.com Staff

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