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

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

South State declared a quarterly dividend on Monday, October 28th. Stockholders of record on Friday, November 8th will be given a dividend of $0.46 per share on Friday, November 15th. This represents a $1.84 annualized dividend and a dividend yield of 2.19%. The ex-dividend date of this dividend is Thursday, November 7th. This is an increase from South State's previous quarterly dividend of $0.43. View South State's Dividend History.

South State Corp (NASDAQ:SSB) posted its earnings results on Monday, October, 28th. The bank reported $1.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.43 by $0.06. The bank earned $164.96 million during the quarter, compared to the consensus estimate of $163.79 million. South State had a return on equity of 8.22% and a net margin of 25.53%. South State's revenue was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm 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 Wall Street analysts have issued 12 month price objectives for South State's shares. Their forecasts range from $63.00 to $88.00. On average, they anticipate South State's stock price to reach $75.50 in the next twelve months. This suggests that the stock has a possible downside of 10.3%. 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.

Press coverage about SSB stock has trended extremely positive this week, InfoTrie reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. South State earned a daily sentiment score of 4.1 on InfoTrie's scale. They also assigned news stories about the bank a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for South State.

South State saw a drop in short interest in November. As of November 15th, there was short interest totalling 1,640,000 shares, a drop of 8.4% from the October 31st total of 1,790,000 shares. Based on an average daily trading volume, of 141,000 shares, the short-interest ratio is currently 11.6 days. Currently, 5.0% of the company's shares are sold short. View South State's Current Options Chain.

Some companies that are related to South State include PNC Financial Services Group (PNC), BB&T (BBT), 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 many different of retail and institutional investors. Top institutional shareholders 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 acquired 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 $84.20.

South State has a market capitalization of $2.84 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.