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, January 27th. Stockholders of record on Friday, February 7th will be given a dividend of $0.47 per share on Friday, February 14th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.54%. The ex-dividend date is Thursday, February 6th. This is an increase from South State's previous quarterly dividend of $0.46. View South State's Dividend History.

South State Corp (NASDAQ:SSB) issued its quarterly earnings data on Monday, January, 27th. The bank reported $1.48 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.43 by $0.05. The bank had revenue of $162.76 million for the quarter, compared to the consensus estimate of $162.15 million. South State had a return on equity of 8.27% and a net margin of 25.39%. During the same quarter in the previous year, the company posted $1.35 EPS. View South State's Earnings History.

South State is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for South State.

2 brokers have issued 12 month target prices for South State's stock. Their forecasts range from $63.00 to $97.00. On average, they expect South State's share price to reach $80.00 in the next year. This suggests a possible upside of 8.2% from the stock's current price. View Analyst Price Targets for South State.

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

Headlines about SSB stock have trended somewhat positive this week, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news 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 news sentiment score of 2.0 on InfoTrie's scale. They also gave headlines about the bank a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for South State.

South State saw a decrease in short interest during the month of January. As of January 15th, there was short interest totalling 1,430,000 shares, a decrease of 8.9% from the December 31st total of 1,570,000 shares. Based on an average daily trading volume, of 130,900 shares, the days-to-cover ratio is presently 10.9 days. Currently, 4.3% of the shares of the stock are short sold. 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), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Signature Bank (SBNY), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), East West Bancorp (EWBC) and TCF Financial (TCF).

Based on aggregate information from My MarketBeat watchlists, some companies that other South State investors own include CVS Health (CVS), AbbVie (ABBV), Walgreens Boots Alliance (WBA), Procter & Gamble (PG), Verizon Communications (VZ), Cisco Systems (CSCO), NVIDIA (NVDA), Enterprise Products Partners (EPD), Pfizer (PFE) and Steelcase (SCS).

South State's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Victory Capital Management Inc. (3.78%), Victory Capital Management Inc. (3.72%), Earnest Partners LLC (3.21%), State Street Corp (2.82%), Fenimore Asset Management Inc. (2.67%) and Goldman Sachs Group Inc. (2.53%). 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 Bank of New York Mellon Corp, Renaissance Technologies LLC, Prudential Financial Inc., PNC Financial Services Group Inc., State Street Corp, Hotchkis & Wiley Capital Management LLC, UBS Group AG and California Public Employees Retirement System. Company insiders that have sold South State company stock in the last year include James C Cherry, James W Roquemore, John C Pollok, Keith S Rainwater 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 Goldman Sachs Group Inc., Victory Capital Management Inc., Earnest Partners LLC, Victory Capital Management Inc., Barclays PLC, Seizert Capital Partners LLC, Jacobs Levy Equity Management Inc. and Geode Capital Management 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 $73.94.

South State has a market capitalization of $2.48 billion and generates $734.39 million in revenue each year. The bank earns $186.48 million in net income (profit) each year or $5.63 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.