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

$77.44
+0.40 (+0.52 %)
(As of 09/19/2019 01:02 PM ET)
Today's Range
$76.66
Now: $77.44
$78.33
50-Day Range
$71.43
MA: $75.02
$80.78
52-Week Range
$56.55
Now: $77.44
$85.50
Volume2,840 shs
Average Volume126,250 shs
Market Capitalization$2.64 billion
P/E Ratio14.08
Dividend Yield2.22%
Beta1.35
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 services, 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, and ATM processing services. Read More…

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$6.7281 per share
Book Value$64.78 per share

Profitability

Net Income$178.87 million

Miscellaneous

Employees2,602
Market Cap$2.64 billion
Next Earnings Date10/28/2019 (Estimated)
OptionableOptionable

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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 Monday, July 29th. Stockholders of record on Friday, August 9th will be paid a dividend of $0.43 per share on Friday, August 16th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.22%. The ex-dividend date is Thursday, August 8th. This is a positive change from South State's previous quarterly dividend of $0.40. View South State's Dividend History.

How were South State's earnings last quarter?

South State Corp (NASDAQ:SSB) released its quarterly earnings results on Monday, July, 29th. The bank reported $1.40 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.32 by $0.08. The bank had revenue of $164.80 million for the quarter, compared to analyst estimates of $159.75 million. South State had a net margin of 25.33% and a return on equity of 8.11%. During the same period in the previous year, the company earned $1.43 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, October 28th 2019. View Earnings Estimates for South State.

What price target have analysts set for SSB?

3 Wall Street analysts have issued 12 month price objectives for South State's stock. Their predictions range from $63.00 to $85.00. On average, they anticipate South State's share price to reach $74.00 in the next year. This suggests that the stock has a possible downside of 4.4%. View Analyst Price Targets for South State.

What is the consensus analysts' recommendation for South State?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for South State in the last year. There are currently 1 sell rating and 2 hold ratings 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 negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. South State earned a news impact score of -2.9 on InfoTrie's scale. They also assigned media coverage about the bank a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for South State.

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), Procter & Gamble (PG), Cisco Systems (CSCO), Daseke (DSKE), NVIDIA (NVDA), Universal Display (OLED), Steelcase (SCS), Shopify (SHOP), Valero Energy (VLO) and TENCENT HOLDING/ADR (TCEHY).

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 Vanguard Group Inc. (9.48%), BlackRock Inc. (7.27%), Price T Rowe Associates Inc. MD (4.79%), Victory Capital Management Inc. (3.51%), Earnest Partners LLC (2.98%) and Fenimore Asset Management Inc. (2.54%). 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 institutional investors are selling South State stock?

SSB stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Vanguard Group Inc., Dalton Greiner Hartman Maher & Co., Westwood Holdings Group Inc., Atlanta Capital Management Co. L L C, BlackRock Inc., Allianz Asset Management GmbH and Victory Capital Management Inc.. 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, Robert R Hill Jr and Robert R Horger. View Insider Buying and Selling for South State.

Which institutional investors are buying South State stock?

SSB stock was bought by a variety of institutional investors in the last quarter, including Earnest Partners LLC, Wasatch Advisors Inc., Nuveen Asset Management LLC, Bank of New York Mellon Corp, Price T Rowe Associates Inc. MD, Oppenheimer Asset Management Inc., Natixis and Natixis. 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, Robinhood, Fidelity and Charles Schwab.

What is South State's stock price today?

One share of SSB stock can currently be purchased for approximately $77.44.

How big of a company is South State?

South State has a market capitalization of $2.64 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.

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:  354 (Vote Outperform)
Underperform Votes:  406 (Vote Underperform)
Total Votes:  760
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 9/19/2019 by MarketBeat.com Staff

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