
SouthState Bank Corporation (NYSE:SSB – Free Report) – Stock analysts at DA Davidson issued their Q4 2025 EPS estimates for shares of SouthState Bank in a report released on Friday, October 24th. DA Davidson analyst G. Tenner anticipates that the company will earn $2.37 per share for the quarter. DA Davidson has a “Buy” rating and a $112.00 price target on the stock.
Other analysts have also recently issued research reports about the stock. Wall Street Zen upgraded shares of SouthState Bank from a “sell” rating to a “hold” rating in a research note on Sunday, July 27th. Piper Sandler reduced their target price on shares of SouthState Bank from $121.00 to $118.00 and set an “overweight” rating for the company in a research note on Monday. Zacks Research cut shares of SouthState Bank from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Barclays raised their target price on shares of SouthState Bank from $117.00 to $120.00 and gave the stock an “overweight” rating in a research note on Monday, July 28th. Finally, Hovde Group raised their target price on shares of SouthState Bank from $97.00 to $105.00 and gave the stock a “market perform” rating in a research note on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $115.85.
SouthState Bank Stock Performance
SSB stock opened at $89.63 on Monday. SouthState Bank has a one year low of $77.74 and a one year high of $114.26. The firm has a market cap of $9.07 billion, a PE ratio of 12.33 and a beta of 0.68. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.93 and a quick ratio of 0.92. The stock has a fifty day moving average price of $98.70.
SouthState Bank (NYSE:SSB – Get Free Report) last issued its quarterly earnings results on Wednesday, October 22nd. The company reported $2.58 earnings per share for the quarter, topping analysts’ consensus estimates of $2.20 by $0.38. The firm had revenue of $698.78 million during the quarter, compared to analysts’ expectations of $660.41 million. SouthState Bank had a net margin of 20.25% and a return on equity of 10.70%. During the same quarter in the prior year, the business earned $1.90 EPS.
SouthState Bank Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, November 7th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.7%. The ex-dividend date is Friday, November 7th. SouthState Bank’s dividend payout ratio (DPR) is 33.01%.
Insider Activity
In related news, insider Daniel E. Bockhorst sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $99.60, for a total value of $498,000.00. Following the completion of the sale, the insider directly owned 31,785 shares in the company, valued at approximately $3,165,786. The trade was a 13.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director G Stacy Smith bought 2,500 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was bought at an average price of $92.30 per share, with a total value of $230,750.00. Following the completion of the acquisition, the director owned 39,546 shares of the company’s stock, valued at $3,650,095.80. This trade represents a 6.75% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.70% of the company’s stock.
Institutional Investors Weigh In On SouthState Bank
A number of institutional investors have recently bought and sold shares of the stock. Blue Trust Inc. grew its holdings in SouthState Bank by 12.4% in the second quarter. Blue Trust Inc. now owns 991 shares of the company’s stock valued at $91,000 after purchasing an additional 109 shares during the period. Sheets Smith Wealth Management lifted its position in SouthState Bank by 1.7% during the third quarter. Sheets Smith Wealth Management now owns 6,456 shares of the company’s stock valued at $638,000 after buying an additional 111 shares in the last quarter. IFP Advisors Inc lifted its position in SouthState Bank by 14.2% during the first quarter. IFP Advisors Inc now owns 943 shares of the company’s stock valued at $87,000 after buying an additional 117 shares in the last quarter. Nisa Investment Advisors LLC lifted its position in shares of SouthState Bank by 5.2% during the first quarter. Nisa Investment Advisors LLC now owns 2,368 shares of the company’s stock worth $220,000 after purchasing an additional 118 shares in the last quarter. Finally, Nicholson Wealth Management Group LLC lifted its position in shares of SouthState Bank by 1.8% during the second quarter. Nicholson Wealth Management Group LLC now owns 7,201 shares of the company’s stock worth $663,000 after purchasing an additional 125 shares in the last quarter. 89.76% of the stock is currently owned by hedge funds and other institutional investors.
About SouthState Bank
SouthState Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies. It accepts checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, money market accounts, and other time deposits.
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