OTCMKTS:SABK South Atlantic Bancshares (SABK) Stock Forecast, Price & News $10.19 +0.09 (+0.89%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$9.90▼$10.1950-Day Range$9.95▼$11.7052-Week Range$9.75▼$15.33Volume11,625 shsAverage Volume2,360 shsMarket Capitalization$77.08 millionP/E Ratio5.89Dividend Yield0.98%Price Target$14.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsShort InterestProfileAnalyst RatingsChartCompetitorsEarningsShort Interest South Atlantic Bancshares MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside37.4% Upside$14.00 Price TargetShort InterestHealthy0.00% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth1.56%From $1.28 to $1.30 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.2.18 out of 5 stars 3.0 Analyst's Opinion Consensus RatingSouth Atlantic 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 $14.00, South Atlantic Bancshares has a forecasted upside of 37.4% from its current price of $10.19.Amount of Analyst CoverageSouth Atlantic Bancshares has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.00% of the outstanding shares of South Atlantic Bancshares have been sold short.Short Interest Ratio / Days to CoverSouth Atlantic Bancshares has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous month Previous Next 1.7 Dividend Strength Dividend YieldSouth Atlantic Bancshares has a dividend yield of 0.98%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthSouth Atlantic Bancshares does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of South Atlantic Bancshares is 5.78%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, South Atlantic Bancshares will have a dividend payout ratio of 7.69% next year. This indicates that South Atlantic 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 SABK. Previous Next N/A News and Social Media Coverage Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, South Atlantic Bancshares insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 6.04% of the stock of South Atlantic Bancshares is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for South Atlantic Bancshares are expected to grow by 1.56% in the coming year, from $1.28 to $1.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of South Atlantic Bancshares is 5.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.55.Price to Earnings Ratio vs. SectorThe P/E ratio of South Atlantic Bancshares is 5.89, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 70.56. Previous Next See Top Rated MarketRank™ Stocks Here About South Atlantic Bancshares (OTCMKTS:SABK) StockSouth Atlantic Bancshares, Inc. operates as the bank holding company for South Atlantic Bank that provides consumer and commercial banking products and services to individuals, small businesses, and corporations in South Carolina. The company offers checking, money market, and saving accounts, as well as certificate of deposit, individual retirement, and health saving accounts; personal, auto, and recreation loans, as well as home equity and ready reserve overdraft line of credits, and commercial lending products; and credit cards. It also provides cash management and merchant card services; remote deposit capture and automated clearing house services; online, mobile, and telephone banking services; personal and business checks; mortgage products and services; and wealth management services. The company operates offices in Myrtle Beach, Carolina Forest, North Myrtle Beach, Murrells Inlet, Pawleys Island, Georgetown, Mount Pleasant, Charleston, Bluffton, Hilton Head Island, and Beaufort, South Carolina. South Atlantic Bancshares, Inc. was founded in 2007 and is headquartered in Myrtle Beach, South Carolina.Read More SABK Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SABK Stock News HeadlinesApril 19, 2022 | prnewswire.comSouth Atlantic Bancshares, Inc. Reports Earnings of $0.26 per Diluted Common Share For the Three Months Ended March 31, 2022January 25, 2022 | finance.yahoo.comSouth Atlantic Bancshares, Inc. Reports Earnings of $1.42 per Diluted Common Share For the Year Ended December 31, 2021October 1, 2023 | Goldco (Ad)Warren Buffett: Stark Warning On InflationAccording to a recent letter to Berkshire Hathaway shareholders, “Billionaire Investment Guru Warren Buffett issues stark inflation warning”. The new numbers have shown a comeback for inflation, surging to its highest levels in six months, and it’s now looking like there’s little chance our policy makers can put this cat back in the bag. That’s why it’s critical you heed Warren’s Buffett’s advice and “brace yourself”, before it’s too late. Get your hands on this FREE Wealth Protection Kit today and learn how you could shield your savings and investments before it’s too late! December 17, 2021 | prnewswire.comSouth Atlantic Bancshares, Inc. Announces Private Placement of $30.0 Million of 3.25% Fixed-to-Floating Rate Subordinated NotesApril 20, 2021 | prnewswire.comSouth Atlantic Bancshares, Inc. Reports Earnings of $0.46 per Diluted Common Share For the Three Months Ended March 31, 2021See More Headlines Receive SABK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for South Atlantic Bancshares and its competitors with MarketBeat's FREE daily newsletter. Email Address SABK Company Calendar Last Earnings7/25/2023Today10/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS Industry N/A Sub-IndustryN/A SectorFinance Current SymbolOTCMKTS:SABK CUSIPN/A CIKN/A Webwww.southatlantic.bank Phone843-839-0100FaxN/AEmployees170Year FoundedN/APrice Target and Rating Average Stock Price Forecast$14.00 High Stock Price Forecast$14.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside+37.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio5.89 Forward P/E Ratio7.96 P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$53.77 million Price / Sales1.43 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares7,564,000Free FloatN/AMarket Cap$77.08 million OptionableNot Optionable Beta0.47 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. K. Wayne Wicker (Age 58)Chairman & CEO Mr. R. Scott Plyler (Age 52)Pres & Director Mr. Matthew H. Hobert CPAExec. VP & CFOMr. Travis A. MinterExec. VP & COOMs. Melissa K. Downs-HighSr. VP & Principal Accounting OfficerJennifer L. PetersonSr. VP & Director of Internal Audit and ComplianceCarrie S. HarrisSr. VP & Director of HRMr. C. Alec ElmoreExec. VP & Chief Credit OfficerCandace L. CherrySr. VP of Corp. LiaisonMs. Tiffany Platt SuggsSr. VP & Director of Project ManagementMore ExecutivesKey CompetitorsOxford BankOTCMKTS:OXBCSouthern Michigan BancorpOTCMKTS:SOMCEast Resources AcquisitionNASDAQ:ERESAshford Hospitality TrustNYSE:AHTAuburn National BancorporationNASDAQ:AUBNView All Competitors SABK Stock - Frequently Asked Questions Should I buy or sell South Atlantic Bancshares stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for South Atlantic 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" SABK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SABK, but not buy additional shares or sell existing shares. View SABK analyst ratings or view top-rated stocks. What is South Atlantic Bancshares' stock price forecast for 2023? 1 equities research analysts have issued 1 year price objectives for South Atlantic Bancshares' shares. Their SABK share price forecasts range from $14.00 to $14.00. On average, they expect the company's share price to reach $14.00 in the next twelve months. This suggests a possible upside of 37.4% from the stock's current price. View analysts price targets for SABK or view top-rated stocks among Wall Street analysts. How have SABK shares performed in 2023? South Atlantic Bancshares' stock was trading at $13.60 at the beginning of 2023. Since then, SABK shares have decreased by 25.1% and is now trading at $10.19. View the best growth stocks for 2023 here. Are investors shorting South Atlantic Bancshares? South Atlantic Bancshares saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 300 shares, a drop of 81.3% from the August 15th total of 1,600 shares. Based on an average daily volume of 7,300 shares, the short-interest ratio is presently 0.0 days. View South Atlantic Bancshares' Short Interest. How were South Atlantic Bancshares' earnings last quarter? South Atlantic Bancshares, Inc. (OTCMKTS:SABK) issued its quarterly earnings data on Tuesday, July, 25th. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.36 by $0.03. The firm had revenue of $11.81 million for the quarter, compared to the consensus estimate of $12.30 million. Is South Atlantic Bancshares a good dividend stock? South Atlantic Bancshares (OTCMKTS:SABK) pays an annual dividend of $0.10 per share and currently has a dividend yield of 0.98%. The dividend payout ratio is 5.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SABK will have a dividend payout ratio of 7.69% next year. This indicates that the company will be able to sustain or increase its dividend. What is South Atlantic Bancshares' stock symbol? South Atlantic Bancshares trades on the OTCMKTS under the ticker symbol "SABK." How do I buy shares of South Atlantic Bancshares? Shares of SABK 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 South Atlantic Bancshares' stock price today? One share of SABK stock can currently be purchased for approximately $10.19. How much money does South Atlantic Bancshares make? South Atlantic Bancshares (OTCMKTS:SABK) has a market capitalization of $77.08 million and generates $53.77 million in revenue each year. How many employees does South Atlantic Bancshares have? The company employs 170 workers across the globe. How can I contact South Atlantic Bancshares? The official website for the company is www.southatlantic.bank. The company can be reached via phone at 843-839-0100. This page (OTCMKTS:SABK) was last updated on 10/1/2023 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 South Atlantic Bancshares, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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. 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