ServisFirst Bancshares Inc. (NYSE: SFBS) closed the day trading at $57.60 up 2.35% from the previous closing price of $56.28. In other words, the price has increased by $+1.32 from its previous closing price. On the day, 614300 shares were traded. SFBS stock price reached its highest trading level at $58.06 during the session, while it also had its lowest trading level at $52.97.
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Ratios:
For a better understanding of SFBS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.89. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.05.
Upgrades & Downgrades
On October 10, 2019, DA Davidson started tracking the stock assigning a Neutral rating and target price of $35.DA Davidson initiated its Neutral rating on October 10, 2019, with a $35 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 14 when Filler James J bought 2,500 shares for $56.28 per share. The transaction valued at 140,700 led to the insider holds 1,374,831 shares of the business.
Filler James J bought 2,500 shares of SFBS for $139,975 on Mar 14. The Director now owns 2,500 shares after completing the transaction at $55.99 per share. On Oct 21, another insider, BROUGHTON THOMAS A, who serves as the Chairman, President, and CEO of the company, bought 196 shares for $69.97 each. As a result, the insider paid 13,714 and bolstered with 54,986 shares of the company.
Valuation Measures:
As of this moment, ServisFirst’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.49, and their Forward P/E ratio for the next fiscal year is 12.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.75 while its Price-to-Book (P/B) ratio in mrq is 2.41.
Stock Price History:
Over the past 52 weeks, SFBS has reached a high of $97.25, while it has fallen to a 52-week low of $52.72. The 50-Day Moving Average of the stock is 69.72, while the 200-Day Moving Average is calculated to be 77.03.
Shares Statistics:
Over the past 3-months, SFBS traded about 217.14K shares per day on average, while over the past 10 days, SFBS traded about 382.23k shares per day. A total of 54.33M shares are outstanding, with a floating share count of 49.83M. Insiders hold about 1.50% of the company’s shares, while institutions hold 65.30% stake in the company. Shares short for SFBS as of Jan 12, 2023 were 2.17M with a Short Ratio of 2.53M, compared to 2.04M on Dec 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 3.99% and a Short% of Float of 5.17%.
Dividends & Splits
SFBS’s forward annual dividend rate is 1.12, up from 0.75 a year ago. Against a Trailing Annual Dividend Yield of 1.33%, it implies a Forward Annual Dividend Yield of 1.55%. The stock’s 5-year Average Dividend Yield is 1.33. The current Payout Ratio is 20.90% for SFBS, which recently paid a dividend on Jan 05, 2023 with an ex-dividend date of Dec 29, 2022. Stock splits for the company last occurred on Dec 20, 2016 when the company split stock in a 2:1 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 2 analysts. On average, analysts expect EPS of $1.07 for the current quarter, with a high estimate of $1.09 and a low estimate of $1.06, while EPS last year was $1.06. The consensus estimate for the next quarter is $1.07, with high estimates of $1.1 and low estimates of $1.05.
Analysts are recommending an EPS of between $4.4 and $4.23 for the fiscal current year, implying an average EPS of $4.31. EPS for the following year is $4.56, with 2 analysts recommending between $4.75 and $4.37.
Revenue Estimates
2 analysts predict $121.9M in revenue for the current quarter. It ranges from a high estimate of $122.5M to a low estimate of $121.3M. As of the current estimate, ServisFirst Bancshares Inc.’s year-ago sales were $113.67M, an estimated increase of 7.20% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $123.8M, a decrease of -2.20% less than the figure of $7.20% in the same quarter last year. There is a high estimate of $125.3M for the next quarter, whereas the lowest estimate is $122.3M.
A total of 2 analysts have provided revenue estimates for SFBS’s current fiscal year. The highest revenue estimate was $503.9M, while the lowest revenue estimate was $493.9M, resulting in an average revenue estimate of $498.9M. In the same quarter a year ago, actual revenue was $504.25M, down -1.10% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $532.55M in the next fiscal year. The high estimate is $553.1M and the low estimate is $512M. The average revenue growth estimate for next year is up 6.70% from the average revenue estimate for this year.
