NASDAQ:SSBK Southern States Bancshares (SSBK) Stock Price, News & Analysis $31.11 -0.40 (-1.27%) (As of 10/31/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends About Southern States Bancshares Stock (NASDAQ:SSBK) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get SSBK alerts:Sign Up Key Stats Today's Range$30.78▼$31.4650-Day Range$28.70▼$32.2452-Week Range$22.13▼$34.72Volume21,699 shsAverage Volume17,229 shsMarket Capitalization$277.41 millionP/E Ratio8.76Dividend Yield1.16%Price Target$35.50Consensus RatingBuy Company OverviewSouthern States Bancshares, Inc. operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals. The company provides various deposit products, such as savings, money market, and noninterest-bearing demand accounts; certificates of deposit; and time deposits. It offers 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. Southern States Bancshares, Inc. was founded in 2007 and is headquartered in Anniston, Alabama.Read More… Banking failure dead ahead (Ad)If you missed it, my emergency election broadcast is now available - but will be removed soonClick here to watch it now. Southern States Bancshares Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks75th Percentile Overall ScoreSSBK MarketRank™: Southern States Bancshares scored higher than 75% of companies evaluated by MarketBeat, and ranked 363rd out of 942 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.5 / 5Analyst RatingBuy Consensus RatingSouthern States Bancshares has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageSouthern States Bancshares has only been the subject of 1 research reports in the past 90 days.Read more about Southern States Bancshares' stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Southern States Bancshares is 8.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.Price to Earnings Ratio vs. SectorThe P/E ratio of Southern States Bancshares is 8.76, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.75.Price to Book Value per Share RatioSouthern States Bancshares has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Southern States Bancshares' valuation and earnings. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.57% 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 2.4, 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 17.88%, indicating that investor sentiment is improving significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldSouthern States Bancshares pays a meaningful dividend of 1.12%, 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 10.14%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Southern States Bancshares' dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted0.57% 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 2.4, 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 17.88%, indicating that investor sentiment is improving significantly. News and Social Media3.4 / 5News Sentiment1.20 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 0.60 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Southern States Bancshares this week, compared to 1 article on an average week.MarketBeat Follows2 people have added Southern States Bancshares to their MarketBeat watchlist in the last 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Southern States Bancshares insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $158,569.00 in 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 Institutions58.73% 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.Read more about Southern States Bancshares' insider trading history. 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 HeadlinesFinancial Survey: 1st Source (NASDAQ:SRCE) and Southern States Bancshares (NASDAQ:SSBK)October 26, 2024 | americanbankingnews.comSouthern States Bancshares Reports Strong Q3 2024 GrowthOctober 23, 2024 | markets.businessinsider.comUnveiled: NVIDIA’s "Secret Royalty" ProgramDid you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip?October 31, 2024 | Behind the Markets (Ad)Southern States Bancshares Third Quarter 2024 Earnings: Beats ExpectationsOctober 22, 2024 | finance.yahoo.comSouthern States reports Q3 EPS 89c vs $1.06 last yearOctober 22, 2024 | markets.businessinsider.comSouthern States Bancshares, Inc. Announces Third Quarter 2024 Financial ResultsOctober 21, 2024 | globenewswire.comSouthern States Bancshares, Inc. Announces Quarterly Cash Dividend of $0.09 per ShareOctober 16, 2024 | globenewswire.comSouthern States Bancshares Second Quarter 2024 Earnings: Beats ExpectationsAugust 21, 2024 | finance.yahoo.comSee More Headlines SSBK Stock Analysis - Frequently Asked Questions How have SSBK shares performed this year? Southern States Bancshares' stock was trading at $29.28 at the beginning of 2024. Since then, SSBK stock has increased by 6.2% and is now trading at $31.11. View the best growth stocks for 2024 here. How were Southern States Bancshares' earnings last quarter? Southern States Bancshares, Inc. (NASDAQ:SSBK) announced its earnings results on Monday, October, 21st. The company reported $0.89 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.96 by $0.07. The firm had revenue of $46.83 million for the quarter. Southern States Bancshares had a trailing twelve-month return on equity of 14.88% and a net margin of 19.33%. When did Southern States Bancshares IPO? Southern States Bancshares (SSBK) raised $40 million in an IPO on Thursday, August 12th 2021. The company issued 2,000,000 shares at a price of $19.00-$21.00 per share. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Southern States Bancshares own? Based on aggregate information from My MarketBeat watchlists, some other companies that Southern States Bancshares investors own include Invesco QQQ (QQQ), SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF Trust (DIA), NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD) and Netflix (NFLX). Company Calendar Ex-Dividend for 8/12 Dividend7/31/2024Dividend Payable8/12/2024Last Earnings10/21/2024Today10/31/2024Ex-Dividend for 11/15 Dividend11/01/2024Dividend Payable11/15/2024Fiscal Year End12/31/2024Next Earnings (Estimated)1/27/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryBanking Current SymbolNASDAQ:SSBK CUSIPN/A CIK1689731 Websouthernstatesbank.net Phone256-241-1092FaxN/AEmployees181Year FoundedN/APrice Target and Rating Average Stock Price Target$35.50 High Stock Price Target$36.00 Low Stock Price Target$35.00 Potential Upside/Downside+12.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$3.55 Trailing P/E Ratio8.86 Forward P/E RatioN/A P/E GrowthN/ANet Income$31.95 million Net Margins19.33% Pretax Margin26.42% Return on Equity14.88% Return on Assets1.32% Debt Debt-to-Equity Ratio0.59 Current Ratio1.03 Quick Ratio1.03 Sales & Book Value Annual Sales$94.58 million Price / Sales2.97 Cash Flow$3.81 per share Price / Cash Flow8.25 Book Value$24.33 per share Price / Book1.29Miscellaneous Outstanding Shares8,917,000Free Float8,284,000Market Cap$280.53 million OptionableNot Optionable Beta0.21 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? 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