The closing price of Simmons First National Corp. (NASDAQ: SFNC) was $18.15 for the day, up 0.11% from the previous closing price of $18.13. In other words, the price has increased by $+0.02 from its previous closing price. On the day, 619042 shares were traded.
Ratios:
Our analysis of SFNC’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.41.
Raymond James Upgraded its Mkt Perform to Outperform on June 17, 2020, while the target price for the stock was maintained at $19.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 30 ’23 when Shoptaw Robert L bought 10,000 shares for $14.34 per share. The transaction valued at 143,400 led to the insider holds 77,724 shares of the business.
Massanelli Stephen C bought 2,000 shares of SFNC for $28,300 on Oct 27 ’23. The SEVP now owns 80,829 shares after completing the transaction at $14.15 per share. On Aug 01 ’23, another insider, Bass Dean O., who serves as the Director of the company, sold 30,000 shares for $19.78 each. As a result, the insider received 593,400 and left with 104,377 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SFNC now has a Market Capitalization of 2.27B. As of this moment, Simmons’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.15, and their Forward P/E ratio for the next fiscal year is 11.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.67 while its Price-to-Book (P/B) ratio in mrq is 0.66.
Stock Price History:
Over the past 52 weeks, SFNC has reached a high of $20.82, while it has fallen to a 52-week low of $13.36. The 50-Day Moving Average of the stock is 18.92, while the 200-Day Moving Average is calculated to be 17.86.
Shares Statistics:
SFNC traded an average of 558.38K shares per day over the past three months and 566.87k shares per day over the past ten days. A total of 125.18M shares are outstanding, with a floating share count of 123.19M. Insiders hold about 1.70% of the company’s shares, while institutions hold 67.74% stake in the company. Shares short for SFNC as of Feb 29, 2024 were 3M with a Short Ratio of 5.37, compared to 2.72M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.39% and a Short% of Float of 3.37%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.80, SFNC has a forward annual dividend rate of 0.81. Against a Trailing Annual Dividend Yield of 4.41%, it implies a Forward Annual Dividend Yield of 4.63%. The stock’s 5-year Average Dividend Yield is 3.25. The current Payout Ratio is 57.94% for SFNC, which recently paid a dividend on Apr 01, 2024 with an ex-dividend date of Mar 14, 2024. Stock splits for the company last occurred on Feb 09, 2018 when the company split stock in a 2:1 ratio.
Earnings Estimates
The firm’s stock currently is rated by 6 analysts. On average, analysts expect EPS of $0.32 for the current quarter, with a high estimate of $0.34 and a low estimate of $0.29, while EPS last year was $0.36. The consensus estimate for the next quarter is $0.34, with high estimates of $0.37 and low estimates of $0.33.
Analysts are recommending an EPS of between $1.48 and $1.25 for the fiscal current year, implying an average EPS of $1.39. EPS for the following year is $1.64, with 6 analysts recommending between $1.73 and $1.58.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. It ranges from a high estimate of $207.19M to a low estimate of $194.78M. As of the current estimate, Simmons First National Corp.’s year-ago sales were $232.31M, an estimated decrease of -12.80% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $205.32M, a decrease of -1.40% over than the figure of -$12.80% in the same quarter last year. There is a high estimate of $211.11M for the next quarter, whereas the lowest estimate is $198.67M.
A total of 6 analysts have provided revenue estimates for SFNC’s current fiscal year. The highest revenue estimate was $856.36M, while the lowest revenue estimate was $808.4M, resulting in an average revenue estimate of $832.33M. In the same quarter a year ago, actual revenue was $805.69M, up 3.30% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $889.65M in the next fiscal year. The high estimate is $916.2M and the low estimate is $862.06M. The average revenue growth estimate for next year is up 6.90% from the average revenue estimate for this year.
