Southern States Bancshares Stock Price, News & Analysis (NASDAQ:SSBK) $25.94 -0.06 (-0.23%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$25.83▼$26.0050-Day Range$21.95▼$26.1352-Week Range$19.61▼$31.00Volume32,956 shsAverage Volume36,229 shsMarket Capitalization$229.31 millionP/E Ratio6.94Dividend Yield1.39%Price Target$26.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Southern States Bancshares MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside0.2% Upside$26.00 Price TargetShort InterestHealthy0.77% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider 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.1.60 out of 5 starsFinance Sector756th out of 871 stocksState Commercial Banks Industry163rd out of 182 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, 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 0.2% from its current price of $25.94.Amount of Analyst CoverageSouthern States Bancshares has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.77% 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 2.8, 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 1.67%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldSouthern States Bancshares pays a meaningful dividend of 1.38%, 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 9.63%. 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 N/A News and Social Media Coverage 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 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 6.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.66.Price to Earnings Ratio vs. SectorThe P/E ratio of Southern States Bancshares is 6.94, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 44.35.Price to Book Value per Share RatioSouthern States Bancshares has a P/B Ratio of 1.24. 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 Stock (NASDAQ:SSBK)Southern 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 Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SSBK Stock News HeadlinesOctober 28, 2023 | finance.yahoo.comSouthern States Bancshares, Inc. (NASDAQ:SSBK) Passed Our Checks, And It's About To Pay A US$0.09 DividendOctober 24, 2023 | finance.yahoo.comSouthern States Bancshares Inc (SSBK) Announces Q3 2023 Financial ResultsDecember 9, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comOctober 23, 2023 | finance.yahoo.comSouthern States Bancshares, Inc. Announces Third Quarter 2023 Financial ResultsOctober 22, 2023 | finance.yahoo.comSouthern States Bancshares' (NASDAQ:SSBK) Dividend Will Be $0.09September 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 DividendJuly 25, 2023 | finance.yahoo.comSouthern States Bancshares (NASDAQ:SSBK) Has Affirmed Its Dividend Of $0.09December 9, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. July 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 26.99May 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 ProgramSee 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 Company Calendar Last Earnings10/23/2023Ex-Dividend for 11/17 Dividend11/02/2023Dividend Payable11/17/2023Today12/09/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/22/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Banks - Regional Sub-IndustryN/A SectorFinancial Services Current SymbolNASDAQ:SSBK CUSIPN/A CIK1689731 Websouthernstatesbank.net Phone256-241-1092FaxN/AEmployees187Year FoundedN/APrice Target and Rating Average Stock Price Target$26.00 High Stock Price Target$26.00 Low Stock Price Target$26.00 Potential Upside/Downside+0.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$3.74 Trailing P/E Ratio6.94 Forward P/E RatioN/A P/E GrowthN/ANet Income$27.07 million Net Margins25.27% Pretax Margin32.22% Return on Equity16.60% Return on Assets1.46% Debt Debt-to-Equity Ratio0.73 Current Ratio1.03 Quick Ratio1.03 Sales & Book Value Annual Sales$90.95 million Price / Sales2.52 Cash Flow$3.25 per share Price / Cash Flow7.99 Book Value$20.87 per share Price / Book1.24Miscellaneous Outstanding Shares8,836,000Free Float7,519,000Market Cap$229.21 million OptionableNot Optionable Beta0.11 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Mark A. Chambers (Age 58)CEO, President & Director Comp: $714.87kMs. Lynn J. Joyce (Age 59)Senior EVP & CFO Comp: $556.95kMr. Jack Swift (Age 62)Senior EVP & COO Mr. Gregory B. Smith (Age 59)Senior EVP & Chief Risk Officer Garnet ReynoldsPresident of Coweta & Fayette Counties, GASheila WellsCorporate SecretaryMore ExecutivesKey CompetitorsChemung FinancialNASDAQ:CHMGOak Valley BancorpNASDAQ:OVLYParke BancorpNASDAQ:PKBKBank7NASDAQ:BSVNCentral Valley Community BancorpNASDAQ:CVCYView All CompetitorsInstitutional OwnershipKennedy Capital Management LLCBought 554 shares on 11/15/2023Ownership: 0.267%California State Teachers Retirement SystemSold 840 shares on 11/14/2023Ownership: 0.019%Davis Asset Management L.P.Sold 15,900 shares on 11/13/2023Ownership: 8.766%Northern Trust CorpSold 506 shares on 11/13/2023Ownership: 0.654%Stifel Financial CorpSold 1,144 shares on 11/13/2023Ownership: 0.584%View All Institutional Transactions SSBK Stock Analysis - Frequently Asked Questions Should I buy or sell Southern States Bancshares stock right now? 1 Wall Street 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 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 target for 2024? 1 Wall Street analysts have issued 1 year target prices for Southern States Bancshares' stock. Their SSBK share price targets range from $26.00 to $26.00. On average, they expect the company's share price to reach $26.00 in the next year. This suggests a possible upside of 0.2% 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 on January 1st, 2023. Since then, SSBK stock has decreased by 10.4% and is now trading at $25.94. 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, January 22nd 2024. View our SSBK earnings forecast. How were Southern States Bancshares' earnings last quarter? Southern States Bancshares, Inc. (NASDAQ:SSBK) announced its earnings results on Monday, October, 23rd. The company reported $1.06 EPS for the quarter. The business earned $17.84 million during the quarter. Southern States Bancshares had a net margin of 25.27% and a trailing twelve-month return on equity of 16.60%. 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, October 19th. Stockholders of record on Friday, November 3rd will be paid a dividend of $0.09 per share on Friday, November 17th. This represents a $0.36 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date of this dividend is Thursday, November 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 1.38%. The dividend payout ratio is 9.63%. 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 a price of $19.00-$21.00 per share. Who are Southern States Bancshares' major shareholders? Southern States Bancshares' stock is owned by many different institutional and retail investors. Top institutional investors include Davis Asset Management L.P. (8.77%), Northern Trust Corp (0.65%), JCSD Capital LLC (0.65%), Stifel Financial Corp (0.58%), Bank of New York Mellon Corp (0.32%) and Kennedy Capital Management LLC (0.27%). 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. This page (NASDAQ:SSBK) was last updated on 12/9/2023 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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