NASDAQ:SSBK Southern States Bancshares - SSBK 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 Southern States Bancshares, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $29.12 -0.03 (-0.10%) (As of 02/6/2023 12:00 AM ET) Add Compare Share Share Today's Range$28.90▼$29.4050-Day Range$27.31▼$29.4852-Week Range$20.16▼$30.50Volume35,934 shsAverage Volume14,372 shsMarket Capitalization$253.64 millionP/E Ratio9.64Dividend Yield1.24%Price Target$26.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Southern States Bancshares MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside9.0% Downside$26.50 Price TargetShort InterestHealthy0.29% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-11.76%From $2.72 to $2.40 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.1.63 out of 5 starsFinance Sector775th out of 850 stocksState Commercial Banks Industry169th out of 177 stocks 1.0 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, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.50, Southern States Bancshares has a forecasted downside of 9.0% from its current price of $29.12.Amount of Analyst CoverageSouthern States Bancshares has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.29% 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 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Southern States Bancshares has recently decreased by 25.11%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldSouthern States Bancshares pays a meaningful dividend of 1.24%, 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 11.92%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Southern States Bancshares will have a dividend payout ratio of 15.00% next year. This indicates that Southern States Bancshares 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 SSBK. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article 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 Insiders14.80% 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 Institutions48.12% 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 Earnings GrowthEarnings for Southern States Bancshares are expected to decrease by -11.76% in the coming year, from $2.72 to $2.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Southern States Bancshares is 9.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Southern States Bancshares is 9.64, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 184.74.Price to Book Value per Share RatioSouthern States Bancshares has a P/B Ratio of 1.48. 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, which include 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 operates 15 offices in Alabama and Georgia, as well as a loan production office in Atlanta, Georgia. Southern States Bancshares, Inc. was founded in 2007 and is headquartered in Anniston, Alabama.Read More 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 Stock News HeadlinesJanuary 31, 2023 | americanbankingnews.comSouthern States Bancshares, Inc. (SSBK) to Issue Quarterly Dividend of $0.09 on February 16thJanuary 30, 2023 | americanbankingnews.comAnalyzing Southern States Bancshares (NASDAQ:SSBK) and International Bancshares (NASDAQ:IBOC)February 6, 2023 | Investing Trends (Ad)"TAKE THAT, CHINA!" USA Gains in EV Battery Arms RaceDid you know each electric car battery requires 220 pounds of graphite – more than lithium, copper, or aluminum? China enjoyed a "near monopoly" in this vital ingredient... until the U.S. made a blockbuster announcement. Now one little-known company is set to play a crucial role in the booming $7 trillion EV revolution. January 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 $4.88MJanuary 22, 2023 | finance.yahoo.comSouthern States Bancshares (NASDAQ:SSBK) Is Paying Out A Dividend Of $0.09December 8, 2022 | finance.yahoo.comIndividual investors account for 28% of Southern States Bancshares, Inc.'s (NASDAQ:SSBK) ownership, while institutions account for 25%February 6, 2023 | Wall Street Watch Dogs (Ad)The #1 Energy Stock to BuyThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…November 8, 2022 | finance.yahoo.comCan Southern States Bancshares, Inc. (SSBK) Run Higher on Rising Earnings Estimates?October 28, 2022 | finance.yahoo.comSouthern States Bancshares (NASDAQ:SSBK) Will Pay A Dividend Of $0.09October 26, 2022 | finance.yahoo.comSouthern States Bancshares, Inc. Announces Completion of $40 Million Subordinated Notes OfferingOctober 25, 2022 | finance.yahoo.comIs Now The Time To Put Southern States Bancshares (NASDAQ:SSBK) On Your Watchlist?October 24, 2022 | ca.finance.yahoo.comSouthern States Bancshares, Inc. Announces Third Quarter 2022 Financial ResultsOctober 24, 2022 | finance.yahoo.comSouthern States Bancshares, Inc. Announces Third Quarter 2022 Financial ResultsOctober 24, 2022 | finance.yahoo.comSouthern States Bancshares, Inc. (SSBK) Surpasses Q3 Earnings and Revenue EstimatesOctober 10, 2022 | uk.finance.yahoo.comSouthern States Bancshares, Inc. (SSBK)September 8, 2022 | finance.yahoo.comInvesting in Southern States Bancshares (NASDAQ:SSBK) a year ago would have delivered you a 34% gainAugust 9, 2022 | nasdaq.comBullish Southern States Bancshares, Inc. (NASDAQ:SSBK) insiders filled their treasuries with US$2.2m worth of stock over last yearJuly 29, 2022 | seekingalpha.comSouthern States Bancshares, Inc. 2022 Q2 - Results - Earnings Call PresentationJuly 27, 2022 | finance.yahoo.comWill Southern States Bancshares, Inc. (SSBK) Gain on Rising Earnings Estimates?July 25, 2022 | finance.yahoo.comSouthern States Bancshares, Inc. (SSBK) Surpasses Q2 Earnings and Revenue EstimatesJuly 25, 2022 | finance.yahoo.comSouthern States Bancshares, Inc. Announces Second Quarter 2022 Financial ResultsJune 26, 2022 | finance.yahoo.comHere's What Southern States Bancshares, Inc.'s (NASDAQ:SSBK) Shareholder Ownership Structure Looks LikeJune 22, 2022 | finance.yahoo.comSouthern States Bancshares, Inc. Announces Extension of Exchange Offer for 3.50% Fixed-to-Floating Rate Subordinated Notes due 2032May 26, 2022 | finance.yahoo.comSouthern States Bancshares, Inc. (SSBK) Moves to Strong Buy: Rationale Behind the UpgradeMay 11, 2022 | finance.yahoo.comSouthern States Bancshares, Inc. (NASDAQ:SSBK) insiders placed bullish bets worth US$2.2m in the last 12 monthsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Ex-Dividend for 11/16 Dividend11/02/2022Dividend Payable11/16/2022Ex-Dividend for 2/16 Dividend2/02/2023Today2/06/2023Dividend Payable2/16/2023Next Earnings (Estimated)4/24/2023Fiscal 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/AEmployees196Year FoundedN/APrice Target and Rating Average Stock Price Forecast$26.50 High Stock Price Forecast$27.00 Low Stock Price Forecast$26.00 Forecasted Upside/Downside-9.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$3.02 Trailing P/E Ratio9.64 Forward P/E Ratio10.71 P/E GrowthN/ANet Income$27.07 million Net Margins29.58% Pretax Margin35.24% Return on Equity14.76% Return on Assets1.30% Debt Debt-to-Equity Ratio0.55 Current Ratio1.00 Quick Ratio0.99 Sales & Book Value Annual Sales$91.53 million Price / Sales2.77 Cash Flow$2.11 per share Price / Cash Flow13.78 Book Value$19.66 per share Price / Book1.48Miscellaneous Outstanding Shares8,710,000Free Float7,418,000Market Cap$253.64 million OptionableNot Optionable Beta0.02 Key ExecutivesMr. Stephen Woods Whatley (Age 70)Chairman & CEO Comp: $863.92kMr. Mark Chambers (Age 58)Pres & Director Comp: $533.11kMs. Lynn J. Joyce (Age 59)Sr. EVP & CFO Comp: $476.7kMr. Jack Swift (Age 62)Sr. EVP & COO Mr. Gregory B. Smith (Age 59)Sr. EVP & Chief Risk Officer Sheila WellsCorp. Sec.More ExecutivesKey CompetitorsFirst Internet BancorpNASDAQ:INBKUSCB FinancialNASDAQ:USCBParke BancorpNASDAQ:PKBKChemung FinancialNASDAQ:CHMGFirst Western FinancialNASDAQ:MYFWView All CompetitorsInsiders & InstitutionsStrategic Value Bank Partners LLCSold 1,596 shares on 1/31/2023Ownership: 9.741%JCSD Capital LLCSold 4,307 shares on 1/19/2023Ownership: 1.328%Bank of New York Mellon CorpBought 1,985 shares on 12/8/2022Ownership: 0.159%Bank of New York Mellon CorpBought 1,985 shares on 11/15/2022Ownership: 0.159%State Street CorpBought 8,000 shares on 11/15/2022Ownership: 0.092%View All Institutional Transactions SSBK Stock - Frequently Asked Questions Should I buy or sell Southern States Bancshares stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southern States Bancshares in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street 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? 2 brokers have issued 12-month target prices for Southern States Bancshares' stock. Their SSBK share price forecasts range from $26.00 to $27.00. On average, they predict the company's stock price to reach $26.50 in the next twelve months. This suggests that the stock has a possible downside of 9.1%. 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 the year. Since then, SSBK shares have increased by 0.7% and is now trading at $29.16. View the best growth stocks for 2023 here. When is Southern States Bancshares' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, April 24th 2023. View our SSBK earnings forecast. 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, January 19th. Stockholders of record on Friday, February 3rd will be given a dividend of $0.09 per share on Thursday, February 16th. This represents a $0.36 annualized dividend and a dividend yield of 1.23%. The ex-dividend date of this dividend is Thursday, February 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 1.24%. The dividend payout ratio is 11.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSBK will have a dividend payout ratio of 15.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SSBK. When did Southern States Bancshares IPO? (SSBK) raised $40 million in an initial public offering (IPO) 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." Who are Southern States Bancshares' major shareholders? Southern States Bancshares' stock is owned by a variety of retail and institutional investors. Top institutional investors include Strategic Value Bank Partners LLC (9.74%) and JCSD Capital LLC (1.33%). 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 $29.16. How much money does Southern States Bancshares make? Southern States Bancshares (NASDAQ:SSBK) has a market capitalization of $253.98 million and generates $91.53 million in revenue each year. The company earns $27.07 million in net income (profit) each year or $3.02 on an earnings per share basis. How many employees does Southern States Bancshares have? The company employs 196 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 2/6/2023 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. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.