OTCMKTS:SABK South Atlantic Bancshares (SABK) Stock Price, News & Analysis → War Over Taiwan? Protect Your Wealth NOW (From Behind the Markets) (Ad) Free SABK Stock Alerts $10.60 0.00 (0.00%) (As of 04/25/2024 ET) Add Compare Share Share Today's Range$10.60▼$10.6050-Day Range$10.60▼$12.0252-Week Range$9.69▼$12.95Volume180 shsAverage Volume3,828 shsMarket Capitalization$80.56 millionP/E Ratio9.06Dividend Yield0.94%Price Target$14.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendEarningsHeadlinesShort InterestStock AnalysisAnalyst ForecastsChartDividendEarningsHeadlinesShort Interest Get South Atlantic Bancshares alerts: Email Address South Atlantic Bancshares MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside32.1% Upside$14.00 Price TargetShort InterestHealthy0.00% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.87Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth15.04%From $1.33 to $1.53 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.64 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.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, 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 0.94%, 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 8.55%. 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 6.54% 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 3.3 News and Social Media Coverage News SentimentSouth Atlantic Bancshares has a news sentiment score of 0.87. 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 0.44 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for South Atlantic Bancshares this week, compared to 2 articles on an average week.MarketBeat Follows2 people have added South Atlantic Bancshares to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. 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 13.34% of the stock of South Atlantic Bancshares is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for South Atlantic Bancshares are expected to grow by 15.04% in the coming year, from $1.33 to $1.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of South Atlantic Bancshares is 9.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.29.Price to Earnings Ratio vs. SectorThe P/E ratio of South Atlantic Bancshares is 9.06, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.49. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsWar Over Taiwan? Protect Your Wealth NOWWith tensions rapidly escalating, Taiwan could provide the spark at any moment. Don't let your financial future get caught in the crossfire unprepared.Access my report now >>> About South Atlantic Bancshares Stock (OTCMKTS:SABK)South 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 Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SABK Stock News HeadlinesApril 23, 2024 | finance.yahoo.comSouth Atlantic Bancshares, Inc. Reports Earnings of $0.26 per Diluted Common Share for the Quarter Ended March 31, 2024April 23, 2024 | prnewswire.comSouth Atlantic Bancshares, Inc. Reports Earnings of $0.26 per Diluted Common Share for the Quarter Ended March 31, 2024April 26, 2024 | Behind the Markets (Ad)War Over Taiwan? Protect Your Wealth NOWWith tensions rapidly escalating, Taiwan could provide the spark at any moment. Don't let your financial future get caught in the crossfire unprepared.April 19, 2024 | americanbankingnews.comSouth Atlantic Bancshares (OTCMKTS:SABK) Trading Down 0.7%April 16, 2024 | seekingalpha.comFSRL First Reliance Bancshares, Inc.April 8, 2024 | finanznachrichten.dePGS ASA: PGS - Letter of Award for Large 3D Contract Offshore South Atlantic MarginApril 3, 2024 | theglobeandmail.comClosing Bell: South Atlantic Gold Inc flat on Monday (SAO)April 2, 2024 | msn.comKerala coast facing rough seas due to low pressure from South Atlantic Ocean: ReportApril 26, 2024 | Behind the Markets (Ad)War Over Taiwan? Protect Your Wealth NOWWith tensions rapidly escalating, Taiwan could provide the spark at any moment. Don't let your financial future get caught in the crossfire unprepared.March 28, 2024 | msn.comCitizens Bancorp of Virginia, Inc. goes ex dividend tomorrowMarch 22, 2024 | msn.comSt. Helena tourism guide: History, food, how to reach, where to stay at remote island in South AtlanticMarch 21, 2024 | msn.comNatural wonders. Napoleon's exile. A remote island in the South Atlantic is now easier to reachMarch 20, 2024 | foxnews.comSouth Atlantic island known for Napoleon's exile hopes to breathe new life into tourism industryFebruary 24, 2024 | msn.comSouth Atlantic Bancshares (SABK) Price Target Increased by 8.11% to 15.30February 19, 2024 | news.yahoo.comTropical Storm Akara becomes rare named storm in South AtlanticFebruary 19, 2024 | msn.comRare South Atlantic Tropical Storm Akará Forms Off Brazilian CoastFebruary 17, 2024 | msn.comUK's Cameron to visit Falkland Islands in his first South Atlantic tourFebruary 11, 2024 | msn.comSix without a home after fire on South Atlantic Avenue in PittsfieldFebruary 10, 2024 | msn.comSix without a home after fire on South Atlantic Street in PittsfieldFebruary 5, 2024 | finance.yahoo.comSouth Atlantic Bancshares, Inc. Declares Cash DividendJanuary 30, 2024 | finance.yahoo.comSouth Atlantic Bancshares, Inc. Reports Earnings of $0.41 per Diluted Common Share For the Three Months Ended March 31, 2023January 30, 2024 | finance.yahoo.comSouth Atlantic Bancshares, Inc. Reports Earnings of $0.33 per Diluted Common Share For the Three Months Ended June 30, 2023January 30, 2024 | finance.yahoo.comSouth Atlantic Bancshares, Inc. Reports Earnings of $0.29 per Diluted Common Share For the Three Months Ended September 30, 2023January 30, 2024 | finance.yahoo.comSouth Atlantic Bank Named One of "America's Best Regional Banks and Credit Unions 2024" by NewsweekJanuary 30, 2024 | finance.yahoo.comSouth Atlantic Bancshares, Inc. Reports Earnings of $1.32 per Diluted Common Share for the Year Ended December 31, 2023April 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, 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 Company Calendar Last Earnings10/18/2021Ex-Dividend for 2/28 Dividend2/13/2024Dividend Payable2/28/2024Today4/26/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS SectorFinance Industry N/A Sub-IndustryN/A Current SymbolOTCMKTS:SABK CUSIPN/A CIKN/A Webwww.southatlantic.bank Phone843-839-0100FaxN/AEmployees163Year FoundedN/APrice Target and Rating Average Stock Price Target$14.00 High Stock Price Target$14.00 Low Stock Price Target$14.00 Potential Upside/Downside+32.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio9.06 Forward P/E Ratio7.97 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$74.67 million Price / Sales1.08 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares7,600,000Free FloatN/AMarket Cap$80.56 million OptionableNot Optionable Beta0.33 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. K. Wayne Wicker (Age 59)Chairman & CEO Mr. R. Scott Plyler (Age 53)President & Director Mr. Matthew H. Hobert CPAExecutive VP & CFOMr. Travis A. MinterExecutive VP & COOMs. Melissa K. Downs-HighSenior VP & Principal Accounting OfficerJennifer L. PetersonSenior VP & Director of Internal Audit and ComplianceCarrie S. HarrisSenior VP & Director of Human ResourcesMr. C. Alec ElmoreExecutive VP & Chief Credit OfficerCandace L. CherrySenior Vice President of Corporate LiaisonAnne B. CoteSenior VP & Director of Loan OperationsMore ExecutivesKey CompetitorsAbrdn Japan Equity FundNYSE:JEQNicholas FinancialNASDAQ:NICKiPath Pure Beta Crude Oil ETNNYSEARCA:OILBEO BancorpOTCMKTS:BEOBMaxus Realty TrustOTCMKTS:MRTIView All Competitors SABK Stock Analysis - 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 target for 2024? 1 analysts have issued 1 year price objectives for South Atlantic Bancshares' stock. Their SABK share price targets range from $14.00 to $14.00. On average, they anticipate the company's share price to reach $14.00 in the next year. This suggests a possible upside of 32.1% 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 2024? South Atlantic Bancshares' stock was trading at $12.75 on January 1st, 2024. Since then, SABK shares have decreased by 16.9% and is now trading at $10.60. View the best growth stocks for 2024 here. Are investors shorting South Atlantic Bancshares? South Atlantic Bancshares saw a increase in short interest in March. As of March 15th, there was short interest totaling 800 shares, an increase of 300.0% from the February 29th total of 200 shares. Based on an average daily volume of 7,100 shares, the days-to-cover ratio is currently 0.1 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 results on Monday, October, 18th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.08. The firm had revenue of $11.06 million for the quarter, compared to analysts' expectations of $10.50 million. How often does South Atlantic Bancshares pay dividends? What is the dividend yield for South Atlantic Bancshares? South Atlantic Bancshares announced an annual dividend on Tuesday, January 30th. Stockholders of record on Wednesday, February 14th will be given a dividend of $0.10 per share on Wednesday, February 28th. This represents a dividend yield of 0.79%. The ex-dividend date of this dividend is Tuesday, February 13th. Read our dividend analysis for SABK. 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 0.94%. The dividend payout ratio is 8.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SABK will have a dividend payout ratio of 6.54% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (OTCMKTS:SABK) was last updated on 4/26/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThese AI trades triggered this morning (545% return)Prosper Trading AcademyThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority GoldThe A.I. story nobody is telling you (Read ASAP)TradeSmithDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsRich Dad Poor Dad Author Shocks Millions With 2024 Crash WarningAmerican Hartford Gold GroupTrump is sounding the alarmPreserve Gold 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. 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: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. 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.
