South State Corporation Company Profile (NASDAQ:SSB)

About South State Corporation

South State Corporation logoSouth State Corporation (NASDAQ: SSB) is the largest bank holding company headquartered in South Carolina. Founded in 1933, the company's primary subsidiary, South State Bank, has been serving the financial needs of its local communities in 19 South Carolina counties, 12 Georgia counties and 4 North Carolina counties for over 80 years. The bank also operates Minis & Co., Inc. and First Southeast 401K Fiduciaries, Inc., both registered investment advisors; and First Southeast Investor Services, Inc., a limited purpose broker-dealer. South State Corporation has assets of approximately $8.0 billion and its stock is traded under the symbol SSB on the NASDAQ Global Select Market. More information can be found at www.SouthStateBank.com.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: SSB
  • CUSIP: 78401V10
Key Metrics:
  • Previous Close: $90.15
  • 50 Day Moving Average: $87.80
  • 200 Day Moving Average: $80.97
  • 52-Week Range: $24,035,000.00 - $61.83
  • Trailing P/E Ratio: 21.57
  • Foreward P/E Ratio: 17.64
  • P/E Growth: 1.60
  • Market Cap: $2.17B
  • Outstanding Shares: 24,035,000
  • Beta: 1.01
Profitability:
  • Net Margins: 21.85%
  • Return on Equity: 9.98%
  • Return on Assets: 1.26%
Debt:
  • Debt-to-Equity Ratio: 0.05%
  • Current Ratio: 0.93%
  • Quick Ratio: 0.93%
Additional Links:
Companies Related to South State Corporation:

Analyst Ratings

Consensus Ratings for South State Corporation (NASDAQ:SSB) (?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $88.00 (2.38% downside)

Analysts' Ratings History for South State Corporation (NASDAQ:SSB)
Show:
DateFirmActionRatingPrice TargetDetails
1/30/2017Brean CapitalReiterated RatingHoldView Rating Details
11/29/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$83.00 -> $88.00View Rating Details
11/3/2016FIG PartnersUpgradeMarket-Perform -> OutperformView Rating Details
12/2/2015StephensInitiated CoverageEqual Weight$82.00View Rating Details
9/21/2015Piper Jaffray CompaniesInitiated CoverageNeutral$82.00View Rating Details
6/22/2015WunderlichDowngradeBuy -> Hold$75.00View Rating Details
5/9/2015Sandler O'NeillReiterated RatingHold$74.00View Rating Details
4/22/2015FinTrust AdvisorsInitiated CoverageBuy$75.91View Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for South State Corporation (NASDAQ:SSB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/20/2017        
1/27/2017Q416$1.15$1.15$116.84 millionViewN/AView Earnings Details
10/21/2016Q316$1.17$1.18$118.23 millionViewListenView Earnings Details
7/22/2016Q216$1.11$1.18$115.80 millionViewListenView Earnings Details
4/22/2016Q116$1.03$1.04$111.40 millionViewListenView Earnings Details
1/22/2016Q415$1.09$1.11$113.39 millionViewListenView Earnings Details
10/23/2015Q315$1.09$1.12$115.07 millionViewListenView Earnings Details
7/24/2015Q215$1.06$1.09$110.80 millionViewListenView Earnings Details
4/30/2015Q1$1.00$0.99ViewN/AView Earnings Details
1/27/2015Q414$1.03$0.88$106.29 millionViewN/AView Earnings Details
7/29/2014Q2$0.90$0.92ViewN/AView Earnings Details
4/25/2014$0.79$0.66ViewN/AView Earnings Details
1/28/2014Q413$0.74$0.80$109.56 millionViewN/AView Earnings Details
10/29/2013Q313$0.78$0.85$91.66 millionViewN/AView Earnings Details
7/26/2013Q2 2013$0.76$0.74$65.80 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for South State Corporation (NASDAQ:SSB)
Current Year EPS Consensus Estimate: $4.70 EPS
Next Year EPS Consensus Estimate: $5.11 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.97$1.14$1.06
Q2 20162$1.16$1.20$1.18
Q3 20162$1.19$1.29$1.24
Q4 20162$1.18$1.20$1.19
Q1 20171$1.23$1.23$1.23
Q2 20171$1.26$1.26$1.26
Q3 20171$1.29$1.29$1.29
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for South State Corporation (NASDAQ:SSB)
Annual Dividend:$1.28
Dividend Yield:1.42%
Payout Ratio:30.62% (Based on Trailing 12 Months of Earnings)
27.23% (Based on Current Year Consensus EPS Estimate)
25.05% (Based on Next Year Consensus EPS Estimate)

Dividend History for South State Corporation (NASDAQ:SSB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/27/2017quarterly$0.331.44%2/15/20172/17/20172/24/2017
10/21/2016quarterly$0.321.75%11/8/201611/11/201611/18/2016
7/22/2016quarterly$0.311.59%8/10/20168/12/20168/19/2016
4/22/2016Quarterly$0.305/11/20165/13/20165/20/2016
1/22/2016Quarterly$0.282/10/20162/12/20162/19/2016
10/23/2015Quarterly$0.2611/10/201511/13/201511/20/2015
7/24/2015quarterly$0.251.31%8/12/20158/14/20158/21/2015
5/1/2015quarterly$0.241.42%5/20/20155/22/20155/29/2015
1/27/2015$0.232/11/20152/13/20152/20/2015
1/27/2015$0.232/11/20152/13/20152/20/2015
1/27/2015$0.232/11/20152/13/20152/20/2015
1/27/2015$0.232/11/20152/13/20152/20/2015
1/27/2015$0.232/11/20152/13/20152/20/2015
1/28/2015quarterly$0.231.52%2/11/20152/13/20152/20/2015
10/28/2014quarterly$0.221.49%11/12/201411/14/201411/21/2014
7/29/2014quarterly$0.211.45%8/13/20148/15/20148/22/2014
4/25/2014quarterly$0.201.35%5/14/20145/16/20145/23/2014
1/28/2014quarterly$0.191.25%2/12/20142/14/20142/21/2014
10/29/2013quarterly$0.191.27%11/13/201311/15/201311/22/2013
7/26/2013quarterly$0.191.38%8/14/20138/16/20138/23/2013
4/26/2013quarterly$0.181.51%5/15/20135/17/20135/24/2013
2/1/2013quarterly$0.181.67%2/13/20132/15/20132/22/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for South State Corporation (NASDAQ:SSB)
Insider Ownership Percentage: 4.18%
Institutional Ownership Percentage: 57.55%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/22/2017Alton Clarence PhillipsDirectorSell1,000$91.65$91,650.00View SEC Filing  
2/17/2017M Oswald FogleDirectorSell3,321$90.00$298,890.00View SEC Filing  
2/10/2017Renee R BrooksInsiderSell1,825$87.01$158,793.25View SEC Filing  
1/31/2017John C PollokInsiderSell8,483$89.27$757,277.41View SEC Filing  
11/22/2016Alton Clarence PhillipsDirectorSell1,000$86.00$86,000.00View SEC Filing  
11/17/2016Keith S RainwaterInsiderSell300$83.40$25,020.00View SEC Filing  
11/16/2016Alton Clarence PhillipsDirectorSell1,000$83.46$83,460.00View SEC Filing  
11/15/2016Robert R Hill JrInsiderSell800$83.62$66,896.00View SEC Filing  
11/14/2016Joe E BurnsInsiderSell2,500$83.40$208,500.00View SEC Filing  
11/11/2016Robert R Hill JrInsiderSell2,891$83.80$242,265.80View SEC Filing  
11/10/2016Alton Clarence PhillipsDirectorSell2,000$79.84$159,680.00View SEC Filing  
11/10/2016John F WindleyPresidentSell2,028$79.74$161,712.72View SEC Filing  
10/26/2016Joe E BurnsInsiderSell5,005$72.89$364,814.45View SEC Filing  
9/2/2016Robert R HorgerDirectorSell5,000$75.50$377,500.00View SEC Filing  
8/30/2016Keith S RainwaterEVPSell250$75.60$18,900.00View SEC Filing  
8/5/2016Robert R Hill JrCEOSell4,138$73.04$302,239.52View SEC Filing  
8/4/2016Robert R Hill JrCEOSell2,545$72.00$183,240.00View SEC Filing  
8/1/2016Robert R Hill JrCEOSell1,000$72.24$72,240.00View SEC Filing  
7/29/2016Robert R Hill JrCEOSell1,175$74.38$87,396.50View SEC Filing  
7/25/2016M Oswald FogleDirectorSell9,000$74.93$674,370.00View SEC Filing  
3/4/2016Joe E BurnsInsiderSell500$64.80$32,400.00View SEC Filing  
2/24/2016Luther J Battiste IIIDirectorSell352$61.10$21,507.20View SEC Filing  
2/12/2016Jimmy Evan AddisonDirectorBuy1,500$61.90$92,850.00View SEC Filing  
11/5/2015Robert R Hill JrCEOSell2,755$79.85$219,986.75View SEC Filing  
8/24/2015Robert H Demere JrDirectorBuy2,000$74.45$148,900.00View SEC Filing  
6/12/2015Robert R HorgerDirectorSell5,000$75.00$375,000.00View SEC Filing  
6/5/2015Robert R Hill JrCEOSell2,092$73.00$152,716.00View SEC Filing  
5/21/2015Luther J Battiste IIIDirectorSell2,500$72.23$180,575.00View SEC Filing  
5/15/2015M Oswald FogleDirectorSell6,000$70.09$420,540.00View SEC Filing  
1/28/2015Alton Clarence PhillipsDirectorBuy1,000$60.17$60,170.00View SEC Filing  
12/3/2014Robert R Hill JrCEOSell5,000$62.62$313,100.00View SEC Filing  
6/19/2014Robert H Demere JrDirectorBuy3,000$59.50$178,500.00View SEC Filing  
5/13/2014M Oswald FogleDirectorBuy2,000$57.50$115,000.00View SEC Filing  
5/7/2014M Oswald FogleDirectorBuy1,060$55.50$58,830.00View SEC Filing  
2/5/2014Alton Clarence PhillipsDirectorBuy1,000$59.00$59,000.00View SEC Filing  
3/21/2013Kevin P WalkerDirectorBuy2,000$49.92$99,840.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for South State Corporation (NASDAQ:SSB)
DateHeadline
biz.yahoo.com logoSOUTH STATE CORP Files SEC form 10-K, Annual Report (NASDAQ:SSB)
biz.yahoo.com - February 24 at 10:51 PM
News IconDirector of South State Corporation (NASDAQ:SSB), Phillips Alton Clarence, sells 1,000 shares worth $91,650 (NASDAQ:SSB)
empowerednews.net - February 23 at 1:14 AM
4-traders.com logoInsider Trading Activity South State Corporation (NASDAQ:SSB) – Director Sold 3,321 shares of Stock (NASDAQ:SSB)
www.4-traders.com - February 21 at 4:55 PM
News IconDirector of South State Corporation (NASDAQ:SSB), Fogle M Oswald, sells 3,321 shares worth $298,890 (NASDAQ:SSB)
empowerednews.net - February 21 at 4:55 PM
News IconSouth State Bank donates $125,000 to International African American Museum (NASDAQ:SSB)
www.moultrienews.com - February 15 at 6:13 AM
News IconChief Administrative Officer of South State Corporation (NASDAQ:SSB), Brooks Renee R, sells 1,825 shares worth $158,793 (NASDAQ:SSB)
empowerednews.net - February 15 at 6:13 AM
capitalcube.com logoSouth State Corp. breached its 50 day moving average in a Bullish Manner : SSB-US : February 14, 2017 (NASDAQ:SSB)
www.capitalcube.com - February 15 at 6:13 AM
biz.yahoo.com logoSOUTH STATE CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:SSB)
biz.yahoo.com - February 9 at 5:21 AM
capitalcube.com logoSouth State Corp. breached its 50 day moving average in a Bearish Manner : SSB-US : February 2, 2017 (NASDAQ:SSB)
www.capitalcube.com - February 3 at 5:46 AM
capitalcube.com logoETFs with exposure to South State Corp. : February 2, 2017 (NASDAQ:SSB)
www.capitalcube.com - February 3 at 5:46 AM
News IconDoes This Provide a Reason to Buy South State Corporation (SSB)? The Stock Has Formed Bullish Double Top (NASDAQ:SSB)
randolphguide.com - February 1 at 6:19 AM
capitalcube.com logoSouth State Corp. :SSB-US: Earnings Analysis: 2016 By the Numbers : January 31, 2017 (NASDAQ:SSB)
www.capitalcube.com - February 1 at 6:19 AM
capitalcube.com logoSouth State Corp. :SSB-US: Earnings Analysis: Q4, 2016 By the Numbers : January 30, 2017 (NASDAQ:SSB)
www.capitalcube.com - January 30 at 10:09 PM
4-traders.com logoSOUTH STATE CORP : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) (NASDAQ:SSB)
www.4-traders.com - January 28 at 8:07 PM
News IconSouth State income up (NASDAQ:SSB)
thetandd.com - January 28 at 8:07 PM
us.rd.yahoo.com logoSouth State Corporation Reports 2016 Results; Increases Quarterly Cash Dividend (NASDAQ:SSB)
us.rd.yahoo.com - January 28 at 6:44 AM
us.rd.yahoo.com logo7:05 am South State reports Q4 results, beats by $0.01; raises quarterly dividend to $0.33/share from $0.32/share (NASDAQ:SSB)
us.rd.yahoo.com - January 28 at 6:44 AM
biz.yahoo.com logoQ4 2016 South State Corp Earnings Release - Before Market Open (NASDAQ:SSB)
us.rd.yahoo.com - January 28 at 6:44 AM
sg.finance.yahoo.com logoSouth State posts 4Q profit (NASDAQ:SSB)
sg.finance.yahoo.com - January 28 at 6:44 AM
biz.yahoo.com logoSOUTH STATE CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NASDAQ:SSB)
biz.yahoo.com - January 28 at 6:44 AM
finance.yahoo.com logoEdited Transcript of SSB earnings conference call or presentation 27-Jan-17 3:00pm GMT (NASDAQ:SSB)
finance.yahoo.com - January 28 at 6:44 AM
4-traders.com logoSouth State Corp : annual earnings release (NASDAQ:SSB)
www.4-traders.com - January 25 at 6:11 AM
capitalcube.com logoETFs with exposure to South State Corp. : January 17, 2017 (NASDAQ:SSB)
www.capitalcube.com - January 17 at 9:58 PM
capitalcube.com logoSouth State Corp. breached its 50 day moving average in a Bearish Manner : SSB-US : January 13, 2017 (NASDAQ:SSB)
www.capitalcube.com - January 14 at 6:23 AM
capitalcube.com logoSouth State Corp. : SSB-US: Dividend Analysis : November 11th, 2016 (record date) : By the numbers : January 9, 2017 (NASDAQ:SSB)
www.capitalcube.com - January 9 at 11:40 PM
biz.yahoo.com logoSOUTH STATE CORP Files SEC form 8-K/A, Financial Statements and Exhibits (NASDAQ:SSB)
biz.yahoo.com - January 7 at 5:06 AM
biz.yahoo.com logoSOUTH STATE CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisition or Disposi (NASDAQ:SSB)
us.rd.yahoo.com - January 6 at 5:22 AM
stocksdaily.net logoCan South State Corporation (NASDAQ:SSB) Post EPS Of $1.15? (NASDAQ:SSB)
www.stocksdaily.net - December 18 at 2:12 AM
biz.yahoo.com logoSOUTH STATE CORP Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:SSB)
biz.yahoo.com - December 16 at 4:40 AM
News IconIs South State Corporation (SSB) Worthy of Your Portfolio? (NASDAQ:SSB)
feedproxy.google.com - December 13 at 6:18 PM
capitalcube.com logoETFs with exposure to South State Corp. : December 8, 2016 (NASDAQ:SSB)
www.capitalcube.com - December 8 at 9:06 PM
News IconDaewoo secures deal to explore offshore Block-12 (NASDAQ:SSB)
daily-sun.com - December 8 at 8:15 AM
insidermonkey.com logoShould You Avoid Insperity Inc (NSP)? (NASDAQ:SSB)
www.insidermonkey.com - December 2 at 11:26 AM
publicnow.com logoMontague Laffitte Named Executive Vice President (NASDAQ:SSB)
www.publicnow.com - December 1 at 7:54 PM
us.rd.yahoo.com logoCoverage initiated on South State by Brean Capital (NASDAQ:SSB)
us.rd.yahoo.com - December 1 at 2:24 AM
News IconRating Change: Is South State (NASDAQ:SSB) Worth Your Time After Placed Keefe Bruyette & Woods’s Downgrade? (NASDAQ:SSB)
www.whatsonthorold.com - November 30 at 9:24 PM
News IconToday’s Rating Change: South State (NASDAQ:SSB) Hit With Downgrade by Keefe Bruyette, Is This a Concern? (NASDAQ:SSB)
www.whatsonthorold.com - November 29 at 3:33 PM
finance.yahoo.com logoSouth State downgraded by Keefe Bruyette (NASDAQ:SSB)
finance.yahoo.com - November 29 at 3:33 PM
News IconSouth State Corporation (NASDAQ:SSB) Ratings Coverage (NASDAQ:SSB)
www.whatsonthorold.com - November 24 at 7:36 PM
News IconInsider Filing Worth Mentioning: Robert Hill, South State Corporation (NASDAQ:SSB)’s insider Sold 2,891 Shares (NASDAQ:SSB)
www.whatsonthorold.com - November 17 at 7:20 PM
News IconDirector of South State Corporation (NASDAQ:SSB), Gray Herb G, sells 2,000 shares worth $168,986 (NASDAQ:SSB)
empowerednews.net - November 17 at 7:20 PM
4-traders.com logoSOUTH STATE CORPORATION (NASDAQ:SSB) Files An 8-K Entry into a Material Definitive Agreement (NASDAQ:SSB)
www.4-traders.com - November 17 at 7:20 PM
biz.yahoo.com logoSOUTH STATE CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Oblig (NASDAQ:SSB)
biz.yahoo.com - November 17 at 11:53 AM
finance.yahoo.com logoSOUTH STATE CORP Financials (NASDAQ:SSB)
finance.yahoo.com - November 16 at 7:54 PM
finance.yahoo.com logo5 Reasons to Buy South State Corp. (SSB) Stock Now (NASDAQ:SSB)
finance.yahoo.com - November 15 at 8:23 PM
News IconPRESIDENT of South State Corporation (NASDAQ:SSB), Windley John F, sells 2,028 shares worth $161,705 (NASDAQ:SSB)
empowerednews.net - November 14 at 11:52 AM
capitalcube.com logoSouth State Corp. :SSB-US: Earnings Analysis: Q3, 2016 By the Numbers : November 14, 2016 (NASDAQ:SSB)
www.capitalcube.com - November 14 at 11:52 AM
capitalcube.com logoETF’s with exposure to South State Corp. : November 11, 2016 (NASDAQ:SSB)
www.capitalcube.com - November 11 at 7:22 PM
News IconDirector of South State Corporation (NASDAQ:SSB), Phillips Alton Clarence, sells 1,000 shares worth $79,900 (NASDAQ:SSB)
empowerednews.net - November 11 at 10:38 AM
News IconInside Transaction: Alton Phillips Unloaded 2,000 Shares of South State Corporation (NASDAQ:SSB) (NASDAQ:SSB)
www.whatsonthorold.com - November 11 at 10:38 AM

Social

What is South State Corporation's stock symbol?

South State Corporation trades on the NASDAQ under the ticker symbol "SSB."

How often does South State Corporation pay dividends? What is the dividend yield for South State Corporation?

South State Corporation declared a quarterly dividend on Friday, January 27th. Investors of record on Friday, February 17th will be paid a dividend of $0.33 per share on Friday, February 24th. This represents a $1.32 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date of this dividend is Wednesday, February 15th. This is an increase from South State Corporation's previous quarterly dividend of $0.32.

Where is South State Corporation's stock going? Where will South State Corporation's stock price be in 2017?

3 brokerages have issued 1 year price objectives for South State Corporation's stock. Their forecasts range from $88.00 to $88.00. On average, they anticipate South State Corporation's share price to reach $88.00 in the next year.

When will South State Corporation announce their earnings?

South State Corporation is scheduled to release their next quarterly earnings announcement on Thursday, April, 20th 2017.

Who owns South State Corporation stock?

South State Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (4.56%), State Street Corp (2.32%), Ranger Investment Management L.P. (1.79%), Cardinal Capital Management LLC CT (1.08%), Loomis Sayles & Co. L P (0.92%) and Renaissance Technologies LLC (0.87%). Company insiders that own South State Corporation stock include Alton Clarence Phillips, Jimmy Evan Addison, Joe E Burns, John C Pollok, John F Windley, Keith S Rainwater, Luther J Battiste III, M Oswald Fogle, Renee R Brooks, Robert H Demere Jr, Robert R Hill Jr and Robert R Horger.

Who sold South State Corporation stock? Who is selling South State Corporation stock?

South State Corporation's stock was sold by a variety of institutional investors in the last quarter, including Thompson Siegel & Walmsley LLC, Loomis Sayles & Co. L P, Cortina Asset Management LLC, Ranger Investment Management L.P., Forest Hill Capital LLC, Greenwood Capital Associates LLC, Metropolitan Life Insurance Co. NY and Bessemer Group Inc.. Company insiders that have sold South State Corporation stock in the last year include Alton Clarence Phillips, Joe E Burns, John C Pollok, John F Windley, Keith S Rainwater, M Oswald Fogle, Renee R Brooks, Robert R Hill Jr and Robert R Horger.

Who bought South State Corporation stock? Who is buying South State Corporation stock?

South State Corporation's stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Renaissance Technologies LLC, State Street Corp, Cardinal Capital Management LLC CT, Bogle Investment Management L P DE, Dimensional Fund Advisors LP, AQR Capital Management LLC and Barings LLC. Company insiders that have bought South State Corporation stock in the last two years include Jimmy Evan Addison and Robert H Demere Jr.

How do I buy South State Corporation stock?

Shares of South State Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of South State Corporation stock cost?

One share of South State Corporation stock can currently be purchased for approximately $90.15.

South State Corporation (NASDAQ:SSB) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for South State Corporation (NASDAQ:SSB)

Earnings History Chart

Earnings by Quarter for South State Corporation (NASDAQ:SSB)

Dividend History Chart

Dividend Payments by Quarter for South State Corporation (NASDAQ:SSB)

Last Updated on 2/26/2017 by MarketBeat.com Staff