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Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Thursday 12/8/2022
S&P 500   3,963.51
DOW   33,781.48
QQQ   283.85
101 Christmas Gift Ideas Under $40
The Small Biotech Scaring Big Pharma (Ad)
This Is Why Daktronics Fell 40% In One Day 
On the money: Yellen's next milestone is name on US currency
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Biden releasing nearly $36B to aid pensions of union workers
Is It Time To Throw In The Towel On Gamestop?
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Thursday 12/8/2022
S&P 500   3,963.51
DOW   33,781.48
QQQ   283.85
101 Christmas Gift Ideas Under $40
The Small Biotech Scaring Big Pharma (Ad)
This Is Why Daktronics Fell 40% In One Day 
On the money: Yellen's next milestone is name on US currency
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Biden releasing nearly $36B to aid pensions of union workers
Is It Time To Throw In The Towel On Gamestop?
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Thursday 12/8/2022
S&P 500   3,963.51
DOW   33,781.48
QQQ   283.85
101 Christmas Gift Ideas Under $40
The Small Biotech Scaring Big Pharma (Ad)
This Is Why Daktronics Fell 40% In One Day 
On the money: Yellen's next milestone is name on US currency
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Biden releasing nearly $36B to aid pensions of union workers
Is It Time To Throw In The Towel On Gamestop?
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Thursday 12/8/2022

SouthState - SSB Stock Forecast, Price & News

$80.78
-0.67 (-0.82%)
(As of 12/8/2022 12:00 AM ET)
Add
Compare
Today's Range
$80.38
$83.09
50-Day Range
$79.12
$90.65
52-Week Range
$72.25
$93.34
Volume
310,927 shs
Average Volume
298,104 shs
Market Capitalization
$6.12 billion
P/E Ratio
12.97
Dividend Yield
2.46%
Price Target
$94.42

SouthState MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
16.9% Upside
$94.42 Price Target
Short Interest
Healthy
1.40% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.34mentions of SouthState in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$3.97 M Sold Last Quarter
Proj. Earnings Growth
16.20%
From $7.22 to $8.39 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.94 out of 5 stars

Finance Sector

90th out of 862 stocks

State Commercial Banks Industry

17th out of 181 stocks

SSB stock logo

About SouthState (NASDAQ:SSB) Stock

SouthState Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies. It accepts checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, money market accounts, and other time deposits. The company also offers commercial real estate loans, residential real estate loans, commercial, and industrial loans, as well as consumer loans, including auto, boat, and personal installment loans. In addition, it provides debit card, mobile and funds transfer products, and treasury management services comprising merchant, automated clearing house, lock-box, remote deposit capture, and other treasury services. Further, the company offers safe deposit boxes, bank money orders, wire transfer, brokerage services, and alternative investment products, including annuities, mutual funds, and trust and asset management services; and credit cards, letters of credit, and home equity lines of credit. As of December 31, 2021, it served customers through 281 branches in Florida, South Carolina, Alabama, Georgia, North Carolina, and Virginia. SouthState Corporation also serves its customers through online, mobile, and telephone banking platforms. The company was formerly known as First Financial Holdings, Inc. and changed its name to SouthState Corporation in July 2013. SouthState Corporation was founded in 1933 and is headquartered in Winter Haven, Florida.

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SSB Stock News Headlines

4 Analysts Have This to Say About SouthState
Analyst Ratings for SouthState
SouthState Corp.: Well Executing Bank
South State (SSB) Q3 Earnings Meet Estimates
Greg Lapointe Announces Retirement in 2023
SouthState Corporation (SSB)
See More Headlines
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SSB Company Calendar

Last Earnings
10/24/2022
Ex-Dividend for 11/18 Dividend
11/09/2022
Dividend Payable
11/18/2022
Today
12/09/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/23/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:SSB
CUSIP
78401V10
Employees
4,929
Year Founded
1934

Price Target and Rating

Average Stock Price Forecast
$94.42
High Stock Price Forecast
$100.00
Low Stock Price Forecast
$84.50
Forecasted Upside/Downside
+16.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$475.54 million
Pretax Margin
37.03%

Debt

Sales & Book Value

Annual Sales
$1.44 billion
Cash Flow
$8.65 per share
Book Value
$68.79 per share

Miscellaneous

Free Float
74,273,000
Market Cap
$6.12 billion
Optionable
Optionable
Beta
0.78

Social Links


Key Executives

  • Mr. Robert R. Hill Jr.Mr. Robert R. Hill Jr. (Age 55)
    Exec. Chairman
    Comp: $4.72M
  • Mr. John C. CorbettMr. John C. Corbett (Age 53)
    CEO & Director
    Comp: $2.38M
  • Mr. William E. Matthews VMr. William E. Matthews V (Age 57)
    Sr. Exec. VP & CFO
    Comp: $997.47k
  • Ms. Renee R. Brooks (Age 52)
    Chief Operating Officer
    Comp: $1.27M
  • Mr. Stephen Dean Young (Age 45)
    Sr. Exec. VP & Chief Strategy Officer
    Comp: $1.34M
  • Mr. Richard Murray IV (Age 59)
    Pres
  • Ms. Sara G. Arana (Age 38)
    Sr. VP & Chief Accounting Officer
  • Ms. Beth S. DeSimone (Age 62)
    Chief Risk Officer, Gen. Counsel & Corp. Sec.
  • Mr. John C. PollokMr. John C. Pollok (Age 56)
    Sr. Exec. VP & Director
  • Mr. Greg A. LapointeMr. Greg A. Lapointe (Age 58)
    Chief Banking Officer













SSB Stock - Frequently Asked Questions

Should I buy or sell SouthState stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SouthState in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SSB shares.
View SSB analyst ratings
or view top-rated stocks.

What is SouthState's stock price forecast for 2023?

5 brokers have issued twelve-month target prices for SouthState's shares. Their SSB share price forecasts range from $84.50 to $100.00. On average, they predict the company's stock price to reach $94.42 in the next twelve months. This suggests a possible upside of 16.9% from the stock's current price.
View analysts price targets for SSB
or view top-rated stocks among Wall Street analysts.

How have SSB shares performed in 2022?

SouthState's stock was trading at $80.11 at the beginning of the year. Since then, SSB stock has increased by 0.8% and is now trading at $80.78.
View the best growth stocks for 2022 here
.

Are investors shorting SouthState?

SouthState saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 1,060,000 shares, a decrease of 25.9% from the October 31st total of 1,430,000 shares. Based on an average daily trading volume, of 334,000 shares, the days-to-cover ratio is currently 3.2 days.
View SouthState's Short Interest
.

When is SouthState's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, January 23rd 2023.
View our SSB earnings forecast
.

How were SouthState's earnings last quarter?

SouthState Co. (NASDAQ:SSB) posted its earnings results on Monday, October, 24th. The bank reported $1.89 earnings per share for the quarter, hitting the consensus estimate of $1.89. The bank earned $435.39 million during the quarter, compared to analyst estimates of $425.77 million. SouthState had a net margin of 29.04% and a trailing twelve-month return on equity of 10.05%. During the same period in the previous year, the firm posted $1.94 earnings per share.

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

SouthState declared a quarterly dividend on Monday, October 24th. Investors of record on Friday, November 11th will be paid a dividend of $0.50 per share on Friday, November 18th. This represents a $2.00 annualized dividend and a yield of 2.48%. The ex-dividend date is Wednesday, November 9th.
Read our dividend analysis for SSB
.

Is SouthState a good dividend stock?

SouthState (NASDAQ:SSB) pays an annual dividend of $2.00 per share and currently has a dividend yield of 2.46%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 32.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSB will have a dividend payout ratio of 23.84% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SSB.

What other stocks do shareholders of SouthState own?

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

SouthState trades on the NASDAQ under the ticker symbol "SSB."

Who are SouthState's major shareholders?

SouthState's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.84%), BlackRock Inc. (6.93%), Victory Capital Management Inc. (3.49%), Dimensional Fund Advisors LP (3.37%), State Street Corp (3.16%) and Macquarie Group Ltd. (1.37%). Insiders that own company stock include David G Salyers, Douglas Lloyd Williams, Ernest S Pinner, Greg A Lapointe, John C Corbett, John C Corbett, John C Pollok, Renee R Brooks, Robert H Demere Jr, Robert R Hill Jr, Robert R Horger, Ronald M Cofield and William E V Matthews.
View institutional ownership trends
.

How do I buy shares of SouthState?

Shares of SSB stock 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 SouthState's stock price today?

One share of SSB stock can currently be purchased for approximately $80.78.

How much money does SouthState make?

SouthState (NASDAQ:SSB) has a market capitalization of $6.11 billion and generates $1.44 billion in revenue each year. The bank earns $475.54 million in net income (profit) each year or $6.23 on an earnings per share basis.

How many employees does SouthState have?

The company employs 4,929 workers across the globe.

How can I contact SouthState?

SouthState's mailing address is 1101 FIRST STREET SOUTH SUITE 202, WINTER HAVEN FL, 33880. The official website for the company is www.southstatebank.com. The bank can be reached via phone at (800) 277-2175, via email at investorrelations@southstatebank.com, or via fax at 803-765-1966.

This page (NASDAQ:SSB) was last updated on 12/9/2022 by MarketBeat.com Staff