In What Direction Will ServisFirst Bancshares Inc.’s (NYSE:SFBS) Stock Goes From Here?

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.

From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".



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.