NASDAQ:SSBK Southern States Bancshares (SSBK) Stock Forecast, Price & News $22.55 -0.04 (-0.18%) (As of 11:06 AM ET) Add Compare Share Share Today's Range$22.55▼$22.9650-Day Range$22.01▼$25.1552-Week Range$19.61▼$31.00Volume536 shsAverage Volume20,785 shsMarket Capitalization$199.12 millionP/E Ratio6.00Dividend Yield1.60%Price Target$26.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Southern States Bancshares MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside15.3% Upside$26.00 Price TargetShort InterestHealthy1.11% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.20Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee 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.2.08 out of 5 starsFinance Sector640th out of 878 stocksState Commercial Banks Industry156th out of 183 stocks 2.0 Analyst's Opinion Consensus RatingSouthern States Bancshares has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.00, Southern States Bancshares has a forecasted upside of 15.3% from its current price of $22.55.Amount of Analyst CoverageSouthern States Bancshares has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.11% of the float of Southern States Bancshares has been sold short.Short Interest Ratio / Days to CoverSouthern States Bancshares has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in Southern States Bancshares has recently decreased by 17.04%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldSouthern States Bancshares pays a meaningful dividend of 1.59%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSouthern States Bancshares does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Southern States Bancshares is 9.57%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SSBK. Previous Next 2.9 News and Social Media Coverage News SentimentSouthern States Bancshares has a news sentiment score of 1.20. 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 higher news sentiment than the 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Southern States Bancshares this week, compared to 0 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Southern States Bancshares insiders have not sold or bought any company stock.Percentage Held by Insiders14.90% of the stock of Southern States Bancshares is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions50.74% of the stock of Southern States Bancshares 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 Price to Earnings Ratio vs. the MarketThe P/E ratio of Southern States Bancshares is 6.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Southern States Bancshares is 6.00, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.59.Price to Book Value per Share RatioSouthern States Bancshares has a P/B Ratio of 1.08. 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 Southern States Bancshares (NASDAQ:SSBK) StockSouthern States Bancshares, Inc. operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals. It offers various deposit products, such as savings, money market, and noninterest-bearing demand accounts; certificates of deposit; and time deposits. The company also provides real estate loan products, including loans for real estate construction and development, residential mortgages, and commercial real estate mortgage loans; commercial and industrial loans; and direct consumer installment loans, overdrafts, and other revolving credit loans. In addition, it offers online and mobile banking, and ATM services. The company was founded in 2007 and is headquartered in Anniston, Alabama.Read More SSBK Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SSBK Stock News HeadlinesSeptember 25, 2023 | foxnews.comObesity maps: CDC reveals which US states have the highest body mass index among residentsJuly 29, 2023 | finance.yahoo.comThere's A Lot To Like About Southern States Bancshares' (NASDAQ:SSBK) Upcoming US$0.09 DividendOctober 2, 2023 | Edge On The Street (Ad)Gold Could Be Heading for Record Highs - But How to Play It?According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold. July 25, 2023 | finance.yahoo.comSouthern States Bancshares (NASDAQ:SSBK) Has Affirmed Its Dividend Of $0.09July 24, 2023 | msn.comSouthern States Bancshares Non-GAAP EPS of $0.79 beats by $0.20, revenue of $26.29MJuly 24, 2023 | finance.yahoo.comSouthern States Bancshares, Inc. Announces Second Quarter 2023 Financial ResultsJuly 8, 2023 | npr.orgSouthern RemedyJune 9, 2023 | msn.comSouthern States Bancshares (FRA:6U2) Price Target Increased by 5.29% to 26.99October 2, 2023 | Edge On The Street (Ad)Gold Could Be Heading for Record Highs - But How to Play It?According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold. May 25, 2023 | finance.yahoo.comSSBK - Southern States Bancshares, Inc.May 23, 2023 | finance.yahoo.comIndividual investors account for 27% of Southern States Bancshares, Inc.'s (NASDAQ:SSBK) ownership, while institutions account for 26%May 1, 2023 | finance.yahoo.comSouthern States Bancshares, Inc. Announces Leadership TransitionApril 24, 2023 | finance.yahoo.comSouthern States Bancshares, Inc. (SSBK) Q1 Earnings and Revenues Top EstimatesApril 24, 2023 | finance.yahoo.comSouthern States Bancshares, Inc. Announces First Quarter 2023 Financial ResultsApril 22, 2023 | msn.comSouthern States Bancshares (SSBK) Declares $0.09 DividendApril 20, 2023 | yahoo.comSouthern Pines, United States - Weather Forecasts | Maps | News - Yahoo WeatherApril 12, 2023 | finance.yahoo.comWith EPS Growth And More, Southern States Bancshares (NASDAQ:SSBK) Makes An Interesting CaseApril 8, 2023 | forbes.comConvert Iraqi Dinar To United States DollarApril 6, 2023 | markets.businessinsider.comKBW Reaffirms Their Hold Rating on Southern States Bancshares (SSBK)April 6, 2023 | msn.comKeefe, Bruyette & Woods Maintains Southern States Bancshares (SSBK) Market Perform RecommendationMarch 29, 2023 | foxnews.comFOX Corporation donates $1 million to American Red Cross to support Southern states hit by deadly tornadoesMarch 9, 2023 | finance.yahoo.comSouthern States Bancshares (SSBK) Renews Share Buyback PlanMarch 7, 2023 | finance.yahoo.comSouthern States Bancshares, Inc. Announces Renewal of $10.0 million Stock Repurchase ProgramFebruary 24, 2023 | finance.yahoo.comInvesting in Southern States Bancshares (NASDAQ:SSBK) a year ago would have delivered you a 43% gainJanuary 28, 2023 | finance.yahoo.comBe Sure To Check Out Southern States Bancshares, Inc. (NASDAQ:SSBK) Before It Goes Ex-DividendJanuary 24, 2023 | finance.yahoo.comSouthern States Bancshares Full Year 2022 Earnings: Beats ExpectationsJanuary 23, 2023 | msn.comSouthern States Bancshares GAAP EPS of $1.18 beats by $0.36, revenue of $25.48M beats by $4.88MSee More Headlines Receive SSBK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Southern States Bancshares and its competitors with MarketBeat's FREE daily newsletter. Email Address SSBK Company Calendar Last Earnings7/24/2023Ex-Dividend for 8/17 Dividend8/02/2023Dividend Payable8/17/2023Today10/02/2023Next Earnings (Estimated)10/23/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:SSBK CUSIPN/A CIK1689731 Websouthernstatesbank.net Phone256-241-1092FaxN/AEmployees187Year FoundedN/APrice Target and Rating Average Stock Price Forecast$26.00 High Stock Price Forecast$26.00 Low Stock Price Forecast$26.00 Forecasted Upside/Downside+13.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$3.76 Trailing P/E Ratio6.11 Forward P/E RatioN/A P/E GrowthN/ANet Income$27.07 million Net Margins27.04% Pretax Margin34.71% Return on Equity15.82% Return on Assets1.37% Debt Debt-to-Equity Ratio0.67 Current Ratio1.02 Quick Ratio1.02 Sales & Book Value Annual Sales$91.53 million Price / Sales2.21 Cash Flow$3.20 per share Price / Cash Flow7.18 Book Value$20.87 per share Price / Book1.10Miscellaneous Outstanding Shares8,830,000Free Float7,517,000Market Cap$202.74 million OptionableNot Optionable Beta0.04 The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Mark A. Chambers (Age 58)CEO, Pres & Director Comp: $714.87kMs. Lynn J. Joyce (Age 59)Sr. EVP & CFO Comp: $556.95kMr. Jack Swift (Age 62)Sr. EVP & COO Mr. Gregory B. Smith (Age 59)Sr. EVP & Chief Risk Officer Garnet ReynoldsPres of Coweta & Fayette Counties, GASheila WellsCorp. Sec.More ExecutivesKey CompetitorsFVCBankcorpNASDAQ:FVCBPrimis FinancialNASDAQ:FRSTBank7NASDAQ:BSVNParke BancorpNASDAQ:PKBKBankwell Financial GroupNASDAQ:BWFGView All CompetitorsInstitutional OwnershipBarclays PLCBought 1,512 shares on 9/21/2023Ownership: 0.017%California State Teachers Retirement SystemBought 2,496 shares on 8/21/2023Ownership: 0.028%Alliancebernstein L.P.Bought 4,106 shares on 8/15/2023Ownership: 4.696%Royal Bank of CanadaBought 1,082 shares on 8/15/2023Ownership: 0.035%Wells Fargo & Company MNBought 2,806 shares on 8/15/2023Ownership: 0.033%View All Institutional Transactions SSBK Stock - Frequently Asked Questions Should I buy or sell Southern States Bancshares stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Southern States Bancshares in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SSBK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SSBK, but not buy additional shares or sell existing shares. View SSBK analyst ratings or view top-rated stocks. What is Southern States Bancshares' stock price forecast for 2023? 1 equities research analysts have issued 12 month target prices for Southern States Bancshares' stock. Their SSBK share price forecasts range from $26.00 to $26.00. On average, they anticipate the company's stock price to reach $26.00 in the next year. This suggests a possible upside of 13.2% from the stock's current price. View analysts price targets for SSBK or view top-rated stocks among Wall Street analysts. How have SSBK shares performed in 2023? Southern States Bancshares' stock was trading at $28.95 at the beginning of 2023. Since then, SSBK shares have decreased by 20.7% and is now trading at $22.96. View the best growth stocks for 2023 here. Are investors shorting Southern States Bancshares? Southern States Bancshares saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 76,900 shares, a decline of 17.0% from the August 31st total of 92,700 shares. Based on an average daily trading volume, of 15,600 shares, the days-to-cover ratio is currently 4.9 days. Currently, 1.1% of the company's stock are short sold. View Southern States Bancshares' Short Interest. When is Southern States Bancshares' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023. View our SSBK earnings forecast. How were Southern States Bancshares' earnings last quarter? Southern States Bancshares, Inc. (NASDAQ:SSBK) released its quarterly earnings data on Monday, July, 24th. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.09. The firm earned $26.29 million during the quarter. Southern States Bancshares had a trailing twelve-month return on equity of 15.82% and a net margin of 27.04%. How often does Southern States Bancshares pay dividends? What is the dividend yield for Southern States Bancshares? Southern States Bancshares declared a quarterly dividend on Thursday, July 20th. Shareholders of record on Thursday, August 3rd will be paid a dividend of $0.09 per share on Thursday, August 17th. This represents a $0.36 annualized dividend and a yield of 1.57%. The ex-dividend date of this dividend is Wednesday, August 2nd. Read our dividend analysis for SSBK. Is Southern States Bancshares a good dividend stock? Southern States Bancshares (NASDAQ:SSBK) pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.59%. The dividend payout ratio is 9.57%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for SSBK. When did Southern States Bancshares IPO? (SSBK) raised $40 million in an initial public offering on Thursday, August 12th 2021. The company issued 2,000,000 shares at $19.00-$21.00 per share. What is Southern States Bancshares' stock symbol? Southern States Bancshares trades on the NASDAQ under the ticker symbol "SSBK." How do I buy shares of Southern States Bancshares? Shares of SSBK 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 Southern States Bancshares' stock price today? One share of SSBK stock can currently be purchased for approximately $22.96. How much money does Southern States Bancshares make? Southern States Bancshares (NASDAQ:SSBK) has a market capitalization of $202.74 million and generates $91.53 million in revenue each year. The company earns $27.07 million in net income (profit) each year or $3.76 on an earnings per share basis. How many employees does Southern States Bancshares have? The company employs 187 workers across the globe. How can I contact Southern States Bancshares? Southern States Bancshares' mailing address is 615 Quintard Avenue, Anniston, Alabama 326011. The official website for the company is southernstatesbank.net. The company can be reached via phone at 256-241-1092. This page (NASDAQ:SSBK) was last updated on 10/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Southern States Bancshares, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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