S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NASDAQ:SSB

South State Stock Forecast, Price & News

$78.05
-4.20 (-5.11%)
(As of 11/26/2021 12:00 AM ET)
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Today's Range
$77.24
$79.59
50-Day Range
$63.73
$84.13
52-Week Range
$62.60
$93.26
Volume
257,160 shs
Average Volume
354,424 shs
Market Capitalization
$5.45 billion
P/E Ratio
12.20
Dividend Yield
2.38%
Beta
0.98
30 days | 90 days | 365 days | Advanced Chart
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South State logo

About South State

South State Corp. is a bank and financial holding company, which engages in the provision of banking services and products to customers through its subsidiary. Its services include demand, time, and savings deposits; lending and credit card servicing; ATM processing; mortgage banking services; correspondent banking services and wealth management; and trust services. The company was founded in 1985 and is headquartered in Winter Haven, FL.

Headlines

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Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:SSB
CUSIP
78401V10
Employees
5,248
Year Founded
1934

Sales & Book Value

Annual Sales
$1.22 billion
Cash Flow
$4.62 per share
Book Value
$68.65 per share

Profitability

Net Income
$120.63 million
Pretax Margin
36.61%

Debt

Price-To-Earnings

Miscellaneous

Free Float
68,570,000
Market Cap
$5.45 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/27/2021
Ex-Dividend
11/10/2021
Dividend Payable
11/19/2021
Today
11/27/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/26/2022

Social Links


MarketRank

Overall MarketRank

2.70 out of 5 stars

Finance Sector

150th out of 1,340 stocks

State Commercial Banks Industry

20th out of 233 stocks

Analyst Opinion: 1.3Community Rank: 4.3Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












South State (NASDAQ:SSB) Frequently Asked Questions

Is South State a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for South State in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" South State stock.
View analyst ratings for South State
or view top-rated stocks.

How has South State's stock been impacted by Coronavirus?

South State's stock was trading at $57.15 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SSB shares have increased by 36.6% and is now trading at $78.05.
View which stocks have been most impacted by COVID-19
.

When is South State's next earnings date?

South State is scheduled to release its next quarterly earnings announcement on Wednesday, January 26th 2022.
View our earnings forecast for South State
.

How were South State's earnings last quarter?

South State Co. (NASDAQ:SSB) announced its quarterly earnings results on Wednesday, October, 27th. The bank reported $1.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.53 by $0.41. The bank had revenue of $347 million for the quarter, compared to the consensus estimate of $344.72 million. South State had a trailing twelve-month return on equity of 11.16% and a net margin of 31.07%. The company's quarterly revenue was down 9.9% compared to the same quarter last year. During the same period last year, the company earned $1.58 EPS.
View South State's earnings history
.

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

South State declared a quarterly dividend on Wednesday, October 27th. Shareholders of record on Friday, November 12th will be given a dividend of $0.49 per share on Friday, November 19th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date is Wednesday, November 10th.
View South State's dividend history
.

Is South State a good dividend stock?

South State pays an annual dividend of $1.96 per share and currently has a dividend yield of 2.38%. South State has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of South State is 30.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, South State will have a dividend payout ratio of 34.03% next year. This indicates that South State will be able to sustain or increase its dividend.
View South State's dividend history.

What price target have analysts set for SSB?

5 Wall Street analysts have issued 1 year target prices for South State's shares. Their forecasts range from $67.00 to $90.00. On average, they expect South State's share price to reach $77.31 in the next twelve months. This suggests that the stock has a possible downside of 1.0%.
View analysts' price targets for South State
or view top-rated stocks among Wall Street analysts.

Who are South State's key executives?

South State's management team includes the following people:

What other stocks do shareholders of South State own?

Based on aggregate information from My MarketBeat watchlists, some companies that other South State 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 South State's stock symbol?

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

Who are South State's major shareholders?

South State's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (7.44%), Capital Research Global Investors (4.51%), Victory Capital Management Inc. (3.56%), Dimensional Fund Advisors LP (3.23%), Wellington Management Group LLP (2.36%) and Franklin Resources Inc. (2.28%). Company insiders that own South State stock include David G Salyers, Ernest S Pinner, John C Corbett, John C Corbett, John C Pollok, Robert H Demere Jr, Robert R Hill Jr, Robert R Horger and William E V Matthews.
View institutional ownership trends for South State
.

Which major investors are selling South State stock?

SSB stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Emerald Mutual Fund Advisers Trust, Voya Investment Management LLC, Royal Bank of Canada, Schroder Investment Management Group, Russell Investments Group Ltd., Emerald Advisers LLC, and Truist Financial Corp. Company insiders that have sold South State company stock in the last year include Ernest S Pinner, John C Pollok, Robert R Hill Jr, and Robert R Horger.
View insider buying and selling activity for South State
or view top insider-selling stocks.

Which major investors are buying South State stock?

SSB stock was purchased by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Victory Capital Management Inc., Vaughan Nelson Investment Management L.P., American Century Companies Inc., Franklin Resources Inc., Dimensional Fund Advisors LP, BlackRock Inc., and Private Management Group Inc.. Company insiders that have bought South State stock in the last two years include David G Salyers, John C Corbett, Robert H Demere Jr, and William E V Matthews.
View insider buying and selling activity for South State
or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is South State's stock price today?

One share of SSB stock can currently be purchased for approximately $78.05.

How much money does South State make?

South State has a market capitalization of $5.45 billion and generates $1.22 billion in revenue each year. The bank earns $120.63 million in net income (profit) each year or $6.40 on an earnings per share basis.

How many employees does South State have?

South State employs 5,248 workers across the globe.

When was South State founded?

South State was founded in 1934.

What is South State's official website?

The official website for South State is www.southstatebank.com.

Where are South State's headquarters?

How can I contact South State?

South State's mailing address is 1101 FIRST STREET SOUTH SUITE 202, WINTER HAVEN FL, 33880. The bank can be reached via phone at (800) 277-2175 or via fax at 803-765-1966.


This page was last updated on 11/27/2021 by MarketBeat.com Staff

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