NASDAQ:SSB SouthState - SSB Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding SouthState Co. Please log in to your account or sign up in order to add this asset to your watchlist. $73.02 +0.05 (+0.07%) (As of 03/28/2023 12:00 AM ET) Add Compare Share Share Today's Range$71.89▼$73.6550-Day Range$69.18▼$82.6352-Week Range$66.56▼$91.74Volume800,886 shsAverage Volume881,817 shsMarket Capitalization$5.54 billionP/E Ratio11.08Dividend Yield2.74%Price Target$90.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media SouthState MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside23.9% Upside$90.50 Price TargetShort InterestHealthy3.47% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.37Based on 9 Articles This WeekInsider TradingSelling Shares$9.97 M Sold Last QuarterProj. Earnings Growth-4.86%From $8.03 to $7.64 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.51 out of 5 starsFinance Sector434th out of 891 stocksState Commercial Banks Industry113th out of 188 stocks 2.4 Analyst's Opinion Consensus RatingSouthState has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $90.50, SouthState has a forecasted upside of 23.9% from its current price of $73.02.Amount of Analyst CoverageSouthState has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.47% of the outstanding shares of SouthState have been sold short.Short Interest Ratio / Days to CoverSouthState has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in SouthState has recently increased by 51.15%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldSouthState pays a meaningful dividend of 2.74%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSouthState has been increasing its dividend for 11 years.Dividend CoverageThe dividend payout ratio of SouthState is 30.35%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, SouthState will have a dividend payout ratio of 26.18% next year. This indicates that SouthState will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SSB. Previous Next 2.4 News and Social Media Coverage News SentimentSouthState has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for SouthState this week, compared to 3 articles on an average week.MarketBeat Follows6 people have added SouthState to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SouthState insiders have sold 892.97% more of their company's stock than they have bought. Specifically, they have bought $1,004,500.00 in company stock and sold $9,974,384.00 in company stock.Percentage Held by InsidersOnly 1.26% of the stock of SouthState is held by insiders.Percentage Held by Institutions80.28% of the stock of SouthState is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for SouthState are expected to decrease by -4.86% in the coming year, from $8.03 to $7.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SouthState is 11.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.84.Price to Earnings Ratio vs. SectorThe P/E ratio of SouthState is 11.08, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 143.97.Price to Book Value per Share RatioSouthState has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About SouthState (NASDAQ:SSB) StockSouth 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.Read More Receive SSB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SouthState and its competitors with MarketBeat's FREE daily newsletter. Email Address SSB Stock News HeadlinesMarch 27, 2023 | marketbeat.comWant Diversified Exposure in the Regional Banks? Try These ETFs (SSB)The Silicon Valley Bank implosion created a domino effect, with regional bank stocks selling off to levels not seen in years. The key word here is contagion andMarch 26, 2023 | americanbankingnews.comTruist Financial Trims SouthState (NASDAQ:SSB) Target Price to $82.00March 29, 2023 | Investing Daily (Ad)A 100% Win Rate In 2022…The next 10 minutes could change your life. We've recorded a special sit-down interview with a reclusive millionaire who details how he's closed out winning trade after winning trade throughout the volatility of 2022. In fact, he hasn't closed a single losing trade since 2016. Sounds impossible? It's not - and he'll prove it to you. March 23, 2023 | finance.yahoo.com3.2% earnings growth over 5 years has not materialized into gains for SouthState (NASDAQ:SSB) shareholders over that periodMarch 21, 2023 | americanbankingnews.comBrokerages Set SouthState Co. (NASDAQ:SSB) PT at $92.00March 19, 2023 | americanbankingnews.comSouthState (NASDAQ:SSB) Coverage Initiated at UBS GroupMarch 15, 2023 | finance.yahoo.comSouth State (SSB) Surges 9.2%: Is This an Indication of Further Gains?January 28, 2023 | finance.yahoo.comSouthState Full Year 2022 Earnings: EPS Misses ExpectationsMarch 29, 2023 | Investing Daily (Ad)A 100% Win Rate In 2022…The next 10 minutes could change your life. We've recorded a special sit-down interview with a reclusive millionaire who details how he's closed out winning trade after winning trade throughout the volatility of 2022. In fact, he hasn't closed a single losing trade since 2016. Sounds impossible? It's not - and he'll prove it to you. January 26, 2023 | finance.yahoo.comSouth State (SSB) Misses Q4 Earnings EstimatesJanuary 26, 2023 | finance.yahoo.comSouthState Corporation Reports Fourth Quarter 2022 Results, Declares Quarterly Cash DividendJanuary 9, 2023 | finance.yahoo.comSouthState Corporation to Announce Quarterly Earnings Results on Thursday, January 26, 2023December 16, 2022 | finance.yahoo.comSouthState Corporation's (NASDAQ:SSB) recent 5.7% pullback adds to one-year year losses, institutional owners may take drastic measuresOctober 26, 2022 | markets.businessinsider.com4 Analysts Have This to Say About SouthStateOctober 26, 2022 | msn.comAnalyst Ratings for SouthStateOctober 25, 2022 | seekingalpha.comSouthState Corp.: Well Executing BankOctober 25, 2022 | finance.yahoo.comSouthState Corporation Reports Third Quarter 2022 Results, Declares Quarterly Cash DividendOctober 25, 2022 | finance.yahoo.comSouth State (SSB) Q3 Earnings Meet EstimatesOctober 17, 2022 | nasdaq.comEarnings Preview: South State (SSB) Q3 Earnings Expected to Decline - NasdaqOctober 14, 2022 | nasdaq.comSouth State (SSB)'s Technical Outlook is Bright After Key Golden Cross - NasdaqOctober 14, 2022 | finance.yahoo.comSouth State (SSB)'s Technical Outlook is Bright After Key Golden CrossOctober 14, 2022 | finance.yahoo.comSouthState (NASDAQ:SSB) jumps 4.3% this week, though earnings growth is still tracking behind three-year shareholder returnsOctober 11, 2022 | nasdaq.comSSB Crosses Below Key Moving Average Level - NasdaqOctober 11, 2022 | finance.yahoo.comBARNEY BARNETT SCHOOL OF BUSINESS & FREE ENTERPRISE AT FLORIDA SOUTHERN COLLEGE TO HOST POLK REAL ESTATE AND ECONOMIC DEVELOPMENT UPDATE - Yahoo FinanceOctober 5, 2022 | nasdaq.comWhat Makes South State (SSB) a Strong Momentum Stock: Buy Now? - NasdaqOctober 5, 2022 | finance.yahoo.comWhat Makes South State (SSB) a Strong Momentum Stock: Buy Now?October 5, 2022 | benzinga.comSouthState Corporation to Announce Quarterly Earnings Results on Monday, October 24, 2022 - SouthState (N - BenzingaSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SSB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SouthState and its competitors with MarketBeat's FREE daily newsletter. Email Address SSB Company Calendar Last Earnings1/27/2023Ex-Dividend for 2/17 Dividend2/09/2023Dividend Payable2/17/2023Today3/28/2023Next Earnings (Estimated)4/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:SSB CUSIP78401V10 CIK764038 Webwww.southstatebank.com Phone(800) 277-2175Fax803-765-1966Employees4,921Year Founded1934Price Target and Rating Average Stock Price Forecast$90.50 High Stock Price Forecast$100.00 Low Stock Price Forecast$79.00 Forecasted Upside/Downside+23.9%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$6.59 Trailing P/E Ratio11.08 Forward P/E Ratio9.09 P/E GrowthN/ANet Income$496.05 million Net Margins29.01% Pretax Margin37.12% Return on Equity10.56% Return on Assets1.18% Debt Debt-to-Equity Ratio0.04 Current Ratio0.85 Quick Ratio0.85 Sales & Book Value Annual Sales$1.71 billion Price / Sales3.25 Cash Flow$7.79 per share Price / Cash Flow9.37 Book Value$67.04 per share Price / Book1.09Miscellaneous Outstanding Shares75,850,000Free Float74,891,000Market Cap$5.54 billion OptionableOptionable Beta0.81 Social Links Key ExecutivesJohn C. CorbettChief Executive Officer & DirectorRichard MurrayPresidentRenee R. BrooksChief Operating OfficerWilliam E. MatthewsChief Financial Officer & Senior Executive VPJohn C. PollokDirector & Senior Executive Vice PresidentKey CompetitorsProsperity BancsharesNYSE:PBUnited BanksharesNASDAQ:UBSIGlacier BancorpNASDAQ:GBCIHome Bancshares, Inc. (Conway, AR)NYSE:HOMBSVB Financial GroupNASDAQ:SIVBView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 517 shares on 3/23/2023Ownership: 0.052%ETF Managers Group LLCBought 354 shares on 3/23/2023Ownership: 0.012%G Ruffner Page JrBought 14,000 shares on 3/10/2023Total: $1.00 M ($71.75/share)Douglas Lloyd WilliamsSold 23,400 sharesTotal: $1.99 M ($85.01/share)Robert R Hill JrSold 24,900 sharesTotal: $2.09 M ($83.74/share)View All Insider TransactionsView All Institutional Transactions 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 analysts have issued 12-month target prices for SouthState's shares. Their SSB share price forecasts range from $79.00 to $100.00. On average, they predict the company's stock price to reach $90.50 in the next twelve months. This suggests a possible upside of 23.9% 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 2023? SouthState's stock was trading at $76.36 at the beginning of the year. Since then, SSB shares have decreased by 4.4% and is now trading at $73.02. View the best growth stocks for 2023 here. Are investors shorting SouthState? SouthState saw a increase in short interest in March. As of March 15th, there was short interest totaling 2,630,000 shares, an increase of 51.1% from the February 28th total of 1,740,000 shares. Based on an average daily trading volume, of 802,800 shares, the short-interest ratio is currently 3.3 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 Thursday, April 27th 2023. View our SSB earnings forecast. How were SouthState's earnings last quarter? SouthState Co. (NASDAQ:SSB) issued its earnings results on Friday, January, 27th. The bank reported $1.90 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.06 by $0.16. The bank had revenue of $459.40 million for the quarter, compared to analysts' expectations of $447.26 million. SouthState had a trailing twelve-month return on equity of 10.56% and a net margin of 29.01%. The business's revenue for the quarter was up 31.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.59 earnings per share. How often does SouthState pay dividends? What is the dividend yield for SouthState? SouthState announced a quarterly dividend on Thursday, January 26th. Shareholders of record on Friday, February 10th will be given a dividend of $0.50 per share on Friday, February 17th. This represents a $2.00 annualized dividend and a dividend yield of 2.74%. The ex-dividend date of this dividend is Thursday, February 9th. Read our dividend analysis for SSB. What ETFs hold SouthState's stock? ETFs with the largest weight of SouthState (NASDAQ:SSB) stock in their portfolio include First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco KBW Regional Banking ETF (KBWR), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), ProShares Russell 2000 Dividend Growers ETF (SMDV), Nuveen Small Cap Select ETF (NSCS), Direxion Daily Regional Banks Bull 3x Shares (DPST) and Principal U.S. Small-Cap Multi-Factor ETF (PSC). 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 2.74%. 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 30.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSB will have a dividend payout ratio of 26.18% 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 many different institutional and retail investors. Top institutional shareholders include T. Rowe Price Investment Management Inc. (4.16%), Select Equity Group L.P. (4.14%), Victory Capital Management Inc. (3.49%), Victory Capital Management Inc. (3.50%), Dimensional Fund Advisors LP (3.20%) and American Century Companies Inc. (2.40%). Insiders that own company stock include David G Salyers, Douglas Lloyd Williams, Ernest S Pinner, G Ruffner Page Jr, Greg A Lapointe, John C Corbett, John C Corbett, John C Pollok, Renee R Brooks, 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 $73.02. How much money does SouthState make? SouthState (NASDAQ:SSB) has a market capitalization of $5.54 billion and generates $1.71 billion in revenue each year. The bank earns $496.05 million in net income (profit) each year or $6.59 on an earnings per share basis. How many employees does SouthState have? The company employs 4,921 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 3/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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