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The price of Southside Bancshares Inc (NYSE: SBSI) closed at $31.2 in the last session, up 1.40% from day before closing price of $30.77. In other words, the price has increased by $1.40 from its previous closing price. On the day, 65636.0 shares were traded. SBSI stock price reached its highest trading level at $31.38 during the session, while it also had its lowest trading level at $31.0.
Ratios:
We take a closer look at SBSI’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 1.05 whereas as Long-Term Debt/Eq ratio is at 0.21.
On July 29, 2024, Hovde Group reiterated its Market Perform rating and also lowered its target price recommendation from $31 to $37.
Hovde Group reiterated its Market Perform rating for the stock on May 09, 2024, while the target price for the stock was revised from $35 to $31.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 23 ’25 when Calhoun Kirk A. bought 300 shares for $27.99 per share. The transaction valued at 8,397 led to the insider holds 16,766 shares of the business.
MCCABE BRIAN K sold 11,385 shares of SBSI for $417,488 on Nov 25 ’24. The COO now owns 14,497 shares after completing the transaction at $36.67 per share. On Nov 25 ’24, another insider, MCCABE BRIAN K, who serves as the Officer of the company, bought 14,648 shares for $36.30 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SBSI now has a Market Capitalization of 942676800 and an Enterprise Value of 1331636992. As of this moment, Southside’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.72, and their Forward P/E ratio for the next fiscal year is 10.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.08 while its Price-to-Book (P/B) ratio in mrq is 1.16. Its current Enterprise Value per Revenue stands at 5.226.
Stock Price History:
The Beta on a monthly basis for SBSI is 0.65, which has changed by 0.18181813 over the last 52 weeks, in comparison to a change of 0.12792087 over the same period for the S&P500. Over the past 52 weeks, SBSI has reached a high of $38.00, while it has fallen to a 52-week low of $25.85. The 50-Day Moving Average of the stock is 8.48%, while the 200-Day Moving Average is calculated to be 0.11%.
Shares Statistics:
According to the various share statistics, SBSI traded on average about 129.30K shares per day over the past 3-months and 140360 shares per day over the past 10 days. A total of 30.41M shares are outstanding, with a floating share count of 28.44M. Insiders hold about 5.86% of the company’s shares, while institutions hold 57.82% stake in the company. Shares short for SBSI as of 1749772800 were 976458 with a Short Ratio of 7.55, compared to 1747267200 on 979056. Therefore, it implies a Short% of Shares Outstanding of 976458 and a Short% of Float of 4.0700004.
Dividends & Splits
The forward annual dividend rate for SBSI is 1.44, which was 1.44 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.046798833The stock’s 5-year Average Dividend Yield is 4.14. The current Payout Ratio is 49.42% for SBSI, which recently paid a dividend on 2025-05-22 with an ex-dividend date of 1747872000. Stock splits for the company last occurred on 2017-05-25 when the company split stock in a 1024:1000 ratio.
Earnings Estimates
The current rating of Southside Bancshares Inc (SBSI) is the result of assessments by 4.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $0.7, with high estimates of $0.72 and low estimates of $0.69.
Analysts are recommending an EPS of between $2.84 and $2.8 for the fiscal current year, implying an average EPS of $2.82. EPS for the following year is $2.96, with 4.0 analysts recommending between $3.0 and $2.93.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $68M. It ranges from a high estimate of $68.6M to a low estimate of $67.7M. As of the current estimate, Southside Bancshares Inc’s year-ago sales were $67.27MFor the next quarter, 4 analysts are estimating revenue of $69.6M. There is a high estimate of $70.3M for the next quarter, whereas the lowest estimate is $69.2M.
A total of 3 analysts have provided revenue estimates for SBSI’s current fiscal year. The highest revenue estimate was $277.2M, while the lowest revenue estimate was $274.7M, resulting in an average revenue estimate of $275.56M. In the same quarter a year ago, actual revenue was $270.65MBased on 4 analysts’ estimates, the company’s revenue will be $289.59M in the next fiscal year. The high estimate is $293.2M and the low estimate is $286.45M.
