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

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$72.80 -1.03 (-1.40 %)
(As of 04/19/2019 04:00 PM ET)
Previous Close$72.80
Today's Range$72.48 - $73.54
52-Week Range$56.55 - $93.25
Volume150,444 shs
Average Volume185,792 shs
Market Capitalization$2.57 billion
P/E Ratio13.24
Dividend Yield2.07%
Beta1.22
South State Corporation operates as the bank holding company for South State Bank that provides a range of retail and commercial banking services, mortgage lending services, trust and wealth management, and consumer finance loans. The company accepts demand deposits, savings deposits, interest-bearing transaction accounts, certificates of deposit, and other time deposits; and offers lending and credit card, ATM processing, and wealth management and trust services. It serves customers through 181 financial centers in 29 South Carolina counties, 9 North Carolina counties, 19 Georgia counties, and 4 Virginia counties. The company was formerly known as First Financial Holdings, Inc. and changed its name to South State Corporation in July 2013. South State Corporation was founded in 1933 and is headquartered in Columbia, South Carolina.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:SSB
CUSIP78401V10
Phone800-277-2175

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$712.96 million
Cash Flow$6.8165 per share
Book Value$64.78 per share

Profitability

Net Income$178.87 million

Miscellaneous

Employees2,602
Market Cap$2.57 billion
Next Earnings Date4/29/2019 (Confirmed)
OptionableOptionable

South State (NASDAQ:SSB) Frequently Asked Questions

What is South State's stock symbol?

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

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

South State declared a quarterly dividend on Tuesday, January 29th. Investors of record on Friday, February 15th will be given a dividend of $0.38 per share on Friday, February 22nd. This represents a $1.52 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date of this dividend is Thursday, February 14th. This is a positive change from South State's previous quarterly dividend of $0.36. View South State's Dividend History.

How were South State's earnings last quarter?

South State Corp (NASDAQ:SSB) issued its quarterly earnings data on Monday, January, 28th. The bank reported $1.35 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.32 by $0.03. The bank had revenue of $162.03 million for the quarter, compared to analyst estimates of $160.79 million. South State had a return on equity of 8.59% and a net margin of 24.99%. During the same period in the prior year, the company posted $1.30 earnings per share. View South State's Earnings History.

When is South State's next earnings date?

South State is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for South State.

What price target have analysts set for SSB?

6 analysts have issued twelve-month target prices for South State's stock. Their forecasts range from $57.00 to $90.00. On average, they expect South State's stock price to reach $76.75 in the next twelve months. This suggests a possible upside of 5.4% from the stock's current price. View Analyst Price Targets for South State.

What is the consensus analysts' recommendation for South State?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for South State in the last year. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for South State.

Has South State been receiving favorable news coverage?

News articles about SSB stock have been trending positive on Saturday, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. South State earned a coverage optimism score of 2.6 on InfoTrie's scale. They also assigned media headlines about the bank a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the stock's share price in the immediate future.

Who are some of South State's key competitors?

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 CVS Health (CVS), Cisco Systems (CSCO), NVIDIA (NVDA), Procter & Gamble (PG), Micron Technology (MU), Universal Display (OLED), Tesla (TSLA), AbbVie (ABBV), AAR (AIR) and Granite Construction (GVA).

Who are South State's key executives?

South State's management team includes the folowing people:
  • Mr. Robert R. Hill Jr., CEO & Director (Age 52)
  • Mr. John C. Pollok, Sr. EVP, CFO & Director (Age 53)
  • Ms. Renee R. Brooks, Sr. EVP & COO (Age 49)
  • Mr. Joseph E. Burns, Exec. Officer (Age 64)
  • Mr. James C. Mabry IV, Exec. VP of Investor Relations & Mergers-Acquisitions (Age 60)

Who are South State's major shareholders?

South State's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Fenimore Asset Management Inc. (2.52%), Tributary Capital Management LLC (0.92%), Chartwell Investment Partners LLC (0.57%), Dalton Greiner Hartman Maher & Co. (0.56%), Asset Advisors Investment Management LLC (0.51%) and BMT Investment Advisors (0.12%). Company insiders that own South State stock include James C Cherry, 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.

Which major investors are selling South State stock?

SSB stock was sold by a variety of institutional investors in the last quarter, including Chartwell Investment Partners LLC, Asset Advisors Investment Management LLC, Carroll Financial Associates Inc. and First Manhattan Co.. Company insiders that have sold South State company stock in the last year include James C Cherry, Joe E Burns, John C Pollok, John F Windley, Keith S Rainwater and Robert R Hill Jr. View Insider Buying and Selling for South State.

Which major investors are buying South State stock?

SSB stock was acquired by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Tributary Capital Management LLC, Fenimore Asset Management Inc., Strs Ohio, BMT Investment Advisors and Aurora Investment Counsel. 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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is South State's stock price today?

One share of SSB stock can currently be purchased for approximately $72.80.

How big of a company is South State?

South State has a market capitalization of $2.57 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.

What is South State's official website?

The official website for South State is http://www.southstatebank.com.

How can I contact South State?

South State's mailing address is 520 GERVAIS STREET, COLUMBIA SC, 29201. The bank can be reached via phone at 800-277-2175.


MarketBeat Community Rating for South State (NASDAQ SSB)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  311 (Vote Outperform)
Underperform Votes:  355 (Vote Underperform)
Total Votes:  666
MarketBeat's community ratings are surveys of what our community members think about South State and other stocks. Vote "Outperform" if you believe SSB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SSB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/20/2019 by MarketBeat.com Staff

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