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

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

South State announced a quarterly dividend on Monday, October 28th. Shareholders 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 yield of 2.31%. The ex-dividend date is Thursday, November 7th. This is a boost from South State's previous quarterly dividend of $0.43. View South State's Dividend History.

South State Corp (NASDAQ:SSB) announced its quarterly earnings results on Monday, October, 28th. The bank reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.06. The bank had revenue of $164.96 million for the quarter, compared to analyst estimates of $163.79 million. South State had a net margin of 25.53% and a return on equity of 8.22%. The firm's revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the business earned $1.33 EPS. View South State's Earnings History.

3 brokers have issued 1 year price targets for South State's stock. Their forecasts range from $63.00 to $97.00. On average, they expect South State's stock price to reach $80.00 in the next year. This suggests a possible upside of 0.4% from the stock's current price. 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.

News headlines about SSB stock have been trending somewhat negative recently, InfoTrie reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. South State earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned media headlines about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for South State.

South State saw a drop in short interest during the month of January. As of January 15th, there was short interest totalling 1,430,000 shares, a drop 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 short-interest ratio is presently 10.9 days. Approximately 4.3% of the shares of the company are sold short. 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), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), 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 many different of retail and institutional investors. Top institutional investors include Fenimore Asset Management Inc. (2.67%), Tributary Capital Management LLC (0.90%), Dalton Greiner Hartman Maher & Co. (0.57%), California Public Employees Retirement System (0.25%), First National Bank of Omaha (0.09%) and Carroll Financial Associates Inc. (0.06%). 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 California Public Employees Retirement System, Tributary Capital Management LLC, Dalton Greiner Hartman Maher & Co., Carroll Financial Associates Inc., Ingalls & Snyder LLC, FinTrust Capital Advisors LLC, Huntington National Bank and Sheets Smith Wealth Management. 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 bought by a variety of institutional investors in the last quarter, including CWM LLC, Fenimore Asset Management Inc., First National Bank of Omaha, Strs Ohio and Zurcher Kantonalbank Zurich Cantonalbank . 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 $79.69.

South State has a market capitalization of $2.69 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.