SOUTHSTATE CORPORATION : SSB Stock Price US8404411097

Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues. Our Quantitative Research team models direct competitors or comparable companies from a bottom-up perspective to find companies describing their business in a similar fashion. SSB, XOM and ARGX made it to the Zacks Rank #1 momentum stocks list on August 3, 2022.

With the demise of Silicon Valley Bank and Signature Bank and Monday’s sharp drop in shares of First Republic Bank, analysts are reshuffling their ratings on bank stocks. Intraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.

Real-time analyst ratings, insider transactions, earnings data, and more. SouthState announced a quarterly dividend on Thursday, April 27th. Investors of record on Friday, May 12th will be given a dividend of $0.50 per share on Friday, May 19th. This represents a $2.00 annualized dividend and a dividend yield of 2.98%. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a lower news sentiment than the 0.57 average news sentiment score of Finance companies.

CompareSSB’s historical performanceagainst its industry peers and the overall market. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

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• Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade.
• This payout ratio is at a healthy, sustainable level, below 75%.
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• There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.
• Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price.

Morningstar Quantitative how to pay no tax on your dividend income for equities are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. SouthState’s stock is owned by a number of retail and institutional investors.

Insider recently sold US$1.4m worth of stock

There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time. Verify your identity, personalize the content you receive, or create and administer your account. We’d like to share more about how we work and what drives our day-to-day business.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. Based on earnings estimates, SouthState will have a dividend payout ratio of 28.17% next year. This indicates that SouthState will be able to sustain or increase its dividend.

Third quarter 2021 earnings released: EPS US$1.75 (vs US$1.34 in 3Q

We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.

South State Corp. is a bank and financial holding company, which engages in the provision of banking services and products to customers through its subsidiary. Its services include demand, time, and savings deposits, lending and credit card servicing, ATM processing, mortgage banking services, correspondent banking services and wealth management, and trust services. The company was founded in 1985 and is headquartered in Winter Haven, FL. / Sales ,86x Nbr of Employees Free-Float 98,6% More FinancialsCompanySouthState Corporation is a financial holding company. The Company offers a range of banking services and products to its customers through its wholly owned bank subsidiary, South State Bank, National Association . The Bank provides consumer, commercial, mortgage and wealth management solutions.

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The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.27% per year. These returns cover a period from January 1, 1988 through April 3, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

Executive Chairman exercised options to buy US$611k worth of stock. The technique has proven to be very useful for finding positive surprises. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

South State came out with quarterly earnings of $1.93 per share, missing the Zacks Consensus Estimate of $1.98 per share. In the past three months, SouthState insiders have sold 892.97% more of their company’s stock than they have bought. Specifically, they have bought $1,004,500.00 in company stock and sold $9,974,384.00 in company stock. According to analysts’ consensus price target of $87.17, SouthState has a forecasted upside of 29.9% from its current price of $67.12.

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Shares Sold ShortThe total number of shares of a security that have been sold short and not yet repurchased.Change from LastPercentage change in short interest from the previous report to the most recent report. Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade. The Silicon Valley Bank implosion created a domino effect, with regional bank stocks selling off to levels not seen in years.

You get our top stock picks, best-in-class research tools, proprietary research reports and much more. 80.28% of the stock of SouthState is held by institutions. High institutional ownership can be a signal of strong market trust in this company. 7.29% of the outstanding shares of SouthState have been sold short.

5 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for SouthState in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “buy” SSB shares. We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management.

Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios. South State witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength…

More value-oriented https://1investing.in/s tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends. Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

SSB has a forward dividend yield of 2.90%.SeeSSB’s full dividends and stock split historyon the Dividend tab. South State doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Sign-up to receive the latest news and ratings for SouthState and its competitors with MarketBeat’s FREE daily newsletter. This payout ratio is at a healthy, sustainable level, below 75%. SouthState pays a meaningful dividend of 2.96%, higher than the bottom 25% of all stocks that pay dividends. SouthState has a short interest ratio (“days to cover”) of 6.1.

Does South State have what it takes to be a top stock pick for momentum investors? SSB, KOF and CATY made it to the Zacks Rank #1 income stocks list on October 27, 2022. WINTER HAVEN, Fla. , Feb. 2, 2023 /PRNewswire/ — SouthState Bank has hired five bankers who bring years of financial expertise and relationship building to the Commercial and Wealth teams in Georgia,…

Live from London, tracking the breaking and top business news stories in the lead-up to the opening of European markets. South State Corp. reported Q3 EPS of $1.89, $0.22 better than the analyst estimate of $1.67. South State Corp. reported Q4 EPS of $1.90, $0.12 worse than the analyst estimate of $2.02. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes.