S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
Is Gold Really Boring? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: Wall Street poised for more losses after Fed says rates may stay high in '24
Is Gold Really Boring? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
3 Reasons This Tech Giant Is Going Back To Highs
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
Is Gold Really Boring? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: Wall Street poised for more losses after Fed says rates may stay high in '24
Is Gold Really Boring? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
3 Reasons This Tech Giant Is Going Back To Highs
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
Is Gold Really Boring? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: Wall Street poised for more losses after Fed says rates may stay high in '24
Is Gold Really Boring? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
3 Reasons This Tech Giant Is Going Back To Highs
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
Is Gold Really Boring? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: Wall Street poised for more losses after Fed says rates may stay high in '24
Is Gold Really Boring? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
3 Reasons This Tech Giant Is Going Back To Highs
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida

SouthState (SSB) Stock Forecast, Price & News

$68.83
-0.04 (-0.06%)
(As of 09/20/2023 ET)
Compare
Today's Range
$68.75
$70.25
50-Day Range
$68.83
$78.73
52-Week Range
$59.51
$91.74
Volume
465,302 shs
Average Volume
339,982 shs
Market Capitalization
$5.23 billion
P/E Ratio
9.72
Dividend Yield
3.02%
Price Target
$87.20

SouthState MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
26.7% Upside
$87.20 Price Target
Short Interest
Healthy
5.55% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.85mentions of SouthState in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$316,760 Sold Last Quarter
Proj. Earnings Growth
-1.73%
From $6.92 to $6.80 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.78 out of 5 stars

Finance Sector

171st out of 834 stocks

State Commercial Banks Industry

45th out of 176 stocks


SSB stock logo

About SouthState (NASDAQ:SSB) Stock

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. 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 loans. In addition, it provides debit card, mobile and funds transfer products, and treasury management services comprising merchant, automated clearing house, lock-box, remote deposit capture, and other treasury 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 and asset management services; and credit cards, letters of credit, and home equity lines of credit. SouthState Corporation 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 Price History

SSB Stock News Headlines

Is Gold Really Boring?
Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
SouthState Corp.
Is Gold Really Boring?
Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
SouthState (NASDAQ: SSB)
South State (SSB) Misses Q4 Earnings Estimates
See More Headlines
Receive SSB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for SouthState and its competitors with MarketBeat's FREE daily newsletter.

SSB Company Calendar

Last Earnings
7/27/2023
Ex-Dividend for 8/18 Dividend
8/10/2023
Dividend Payable
8/18/2023
Today
9/21/2023
Next Earnings (Estimated)
10/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:SSB
CUSIP
78401V10
Employees
4,921
Year Founded
1934

Price Target and Rating

Average Stock Price Forecast
$87.20
High Stock Price Forecast
$96.00
Low Stock Price Forecast
$79.00
Forecasted Upside/Downside
+26.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$496.05 million
Pretax Margin
34.26%

Debt

Sales & Book Value

Annual Sales
$1.71 billion
Cash Flow
$7.78 per share
Book Value
$67.04 per share

Miscellaneous

Free Float
75,048,000
Market Cap
$5.23 billion
Optionable
Optionable
Beta
0.83

Social Links

Elon Musk's Next Move Cover

Wondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.

Get This Free Report

Key Executives

  • Mr. John C. CorbettMr. John C. Corbett (Age 54)
    CEO & Director
    Comp: $2.65M
  • Mr. William E. Matthews VMr. William E. Matthews V (Age 58)
    Sr. Exec. VP & CFO
    Comp: $1.11M
  • Mr. Stephen Dean Young (Age 46)
    Sr. Exec. VP & Chief Strategy Officer
    Comp: $1.5M
  • Mr. Douglas L. Williams (Age 65)
    Sr. Exec. VP, Pres of Atlanta Banking Group & Head of Corp. Banking
    Comp: $4.12M
  • Mr. Richard Murray IV (Age 60)
    Pres & Chief Banking Officer
  • Ms. Renee R. BrooksMs. Renee R. Brooks (Age 53)
    Chief Operating Officer
  • Ms. Sara G. Arana (Age 39)
    Sr. VP & Chief Accounting Officer
  • Ms. Beth S. DeSimone (Age 63)
    Chief Risk Officer, Gen. Counsel & Corp. Sec.
  • Mr. John C. PollokMr. John C. Pollok (Age 57)
    Sr. Exec. VP
  • Mr. Greg A. LapointeMr. Greg A. Lapointe (Age 59)
    Sr. Banking Advisor













SSB Stock - Frequently Asked Questions

Should I buy or sell SouthState stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SouthState in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SSB shares.
View SSB analyst ratings
or view top-rated stocks.

What is SouthState's stock price forecast for 2023?

5 analysts have issued twelve-month price targets for SouthState's shares. Their SSB share price forecasts range from $79.00 to $96.00. On average, they anticipate the company's share price to reach $87.20 in the next twelve months. This suggests a possible upside of 26.7% 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 2023?

SouthState's stock was trading at $76.36 at the beginning of 2023. Since then, SSB shares have decreased by 9.9% and is now trading at $68.83.
View the best growth stocks for 2023 here
.

When is SouthState's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023.
View our SSB earnings forecast
.

How were SouthState's earnings last quarter?

SouthState Co. (NASDAQ:SSB) posted its quarterly earnings data on Thursday, July, 27th. The bank reported $1.63 earnings per share for the quarter, missing analysts' consensus estimates of $1.83 by $0.20. The bank had revenue of $555.27 million for the quarter, compared to analysts' expectations of $433.04 million. SouthState had a trailing twelve-month return on equity of 10.92% and a net margin of 26.78%. SouthState's revenue was up 34.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.62 EPS.

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

SouthState announced a quarterly dividend on Thursday, July 27th. Stockholders of record on Friday, August 11th will be given a dividend of $0.52 per share on Friday, August 18th. This represents a $2.08 annualized dividend and a yield of 3.02%. The ex-dividend date of this dividend is Thursday, August 10th. This is an increase from the stock's previous quarterly dividend of $0.23.
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 3.02%. 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 29.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSB will have a dividend payout ratio of 30.59% 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).

What is SouthState's stock symbol?

SouthState trades on the NASDAQ under the ticker symbol "SSB."

Who are SouthState's major shareholders?

SouthState's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.07%), State Street Corp (4.87%), Victory Capital Management Inc. (3.75%), Dimensional Fund Advisors LP (3.39%), Franklin Resources Inc. (2.29%) and Earnest Partners LLC (2.10%). Insiders that own company stock include Douglas Lloyd Williams, Ernest S Pinner, G Ruffner Page Jr, Greg A Lapointe, John C Corbett, John C Pollok, Renee R Brooks, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is SouthState's stock price today?

One share of SSB stock can currently be purchased for approximately $68.83.

How much money does SouthState make?

SouthState (NASDAQ:SSB) has a market capitalization of $5.23 billion and generates $1.71 billion in revenue each year. The bank earns $496.05 million in net income (profit) each year or $7.08 on an earnings per share basis.

How many employees does SouthState have?

The company employs 4,921 workers across the globe.

How can I contact SouthState?

SouthState's mailing address is 1101 FIRST STREET SOUTH SUITE 202, WINTER HAVEN FL, 33880. The official website for the company is www.southstatebank.com. The bank can be reached via phone at (800) 277-2175, via email at investorrelations@southstatebank.com, or via fax at 803-765-1966.

This page (NASDAQ:SSB) was last updated on 9/21/2023 by MarketBeat.com Staff

My Account -