NASDAQ:SSB - South State Stock Price, Forecast & News

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

South State announced a quarterly dividend on Monday, October 28th. Stockholders of record on Friday, November 8th will be paid a dividend of $0.46 per share on Friday, November 15th. This represents a $1.84 annualized dividend and a dividend yield of 2.16%. The ex-dividend date is Thursday, November 7th. This is a boost from South State's previous quarterly dividend of $0.43. View South State's Dividend History.

South State Corp (NASDAQ:SSB) posted its quarterly earnings results on Monday, October, 28th. The bank reported $1.49 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.43 by $0.06. The bank had revenue of $164.96 million for the quarter, compared to analysts' expectations of $163.79 million. South State had a net margin of 25.53% and a return on equity of 8.22%. The business's quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the company earned $1.33 EPS. View South State's Earnings History.

South State is scheduled to release their next quarterly earnings announcement on Monday, January 27th 2020. View Earnings Estimates for South State.

3 brokerages have issued 1-year target prices for South State's stock. Their forecasts range from $63.00 to $88.00. On average, they anticipate South State's share price to reach $75.50 in the next year. This suggests that the stock has a possible downside of 11.2%. View Analyst Price Targets for South State.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for South State in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for South State.

Media stories about SSB stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. South State earned a daily sentiment score of -1.9 on InfoTrie's scale. They also assigned press coverage about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for South State.

South State saw a increase in short interest in the month of November. As of November 29th, there was short interest totalling 1,670,000 shares, an increase of 7.1% from the November 14th total of 1,560,000 shares. Based on an average trading volume of 140,200 shares, the days-to-cover ratio is presently 11.9 days. Approximately 5.1% of the shares of the stock are sold short. View South State's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other South State investors own include CVS Health (CVS), Procter & Gamble (PG), Cisco Systems (CSCO), NVIDIA (NVDA), AbbVie (ABBV), Steelcase (SCS), Valero Energy (VLO), Automatic Data Processing (ADP), Daseke (DSKE) and Expedia Group (EXPE).

South State's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (2.90%), Fenimore Asset Management Inc. (2.62%), Tributary Capital Management LLC (0.92%), Dalton Greiner Hartman Maher & Co. (0.59%), Chartwell Investment Partners LLC (0.55%) and Eagle Asset Management Inc. (0.49%). Company insiders that own South State stock include James C Cherry, James W Roquemore, Joe E Burns, John C Pollok, John F Windley, Keith S Rainwater, Martin Bernard Davis, Paula Harper Bethea, Robert H Demere Jr, Robert R Hill Jr and Robert R Horger. View Institutional Ownership Trends for South State.

SSB stock was sold by a variety of institutional investors in the last quarter, including Asset Advisors Investment Management LLC, State Street Corp, Public Employees Retirement System of Ohio, Tributary Capital Management LLC, Strs Ohio, First Trust Advisors LP, Barclays PLC and Keybank National Association OH. Company insiders that have sold South State company stock in the last year include James C Cherry, James W Roquemore, John C Pollok, John F Windley, Keith S Rainwater, Robert R Hill Jr and Robert R Horger. View Insider Buying and Selling for South State.

SSB stock was purchased by a variety of institutional investors in the last quarter, including Great Lakes Advisors LLC, Millennium Management LLC, California Public Employees Retirement System, Dalton Greiner Hartman Maher & Co., Russell Investments Group Ltd., Rhumbline Advisers, SG Americas Securities LLC and CWM LLC. Company insiders that have bought South State stock in the last two years include Martin Bernard Davis, Paula Harper Bethea and Robert H Demere Jr. View Insider Buying and Selling for South State.

Shares of SSB 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 SSB stock can currently be purchased for approximately $85.00.

South State has a market capitalization of $2.87 billion and generates $712.96 million in revenue each year. The bank earns $178.87 million in net income (profit) each year or $5.50 on an earnings per share basis. South State employs 2,602 workers across the globe.View Additional Information About South State.

The official website for South State is http://www.southstatebank.com/.

South State's mailing address is 520 GERVAIS STREET, COLUMBIA SC, 29201. The bank can be reached via phone at 800-277-2175.