Southside Bancshares Inc (NYSE: SBSI) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

Stocks Info

Southside Bancshares Inc is listed on the NYSE in the Financial sector while operating in the Banks – Regional industry. The current market capitalization of Southside Bancshares Inc is $972.29M. A total of 0.13 million shares were traded on the day, compared to an average of 123.08K shares.

In the most recent transaction, MCCABE BRIAN K sold 11,385 shares of SBSI for 36.67 per share on Nov 25 ’24. After the transaction, the COO now owns 14,497 company shares. In a previous transaction on Nov 25 ’24, MCCABE BRIAN K bought 14,648 shares at 36.30 per share.

Among the insiders who bought shares, PINKLEY APRIL acquired of 6,724 shares on Nov 07 ’24 at a per-share price of $37.50. In another insider transaction, GIBSON LEE R sold 3,300 shares at $36.74 per share on Nov 06 ’24. Company shares held by the CHIEF EXECUTIVE OFFICER now total 57,272.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Southside Bancshares Inc pays an annual dividend of $1.44, resulting in a dividend yield of 4.49%, and it has a price to earnings (P/E) ratio of 11.57.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, SBSI has a high of $38.00 and a low of $25.30.

As of this writing, SBSI has an earnings estimate of $0.71 per share for the current quarter. EPS was calculated based on a consensus of 4.0 estimates, with a high estimate of $0.73 per share and a lower estimate of $0.7.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $21.15, while its Total Shareholder’s Equity was $912.17M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SBSI is Buy with a score of 3.00.

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