What is DA Davidson's Forecast for SFNC FY2025 Earnings?

Simmons First National Co. (NASDAQ:SFNC - Free Report) - Analysts at DA Davidson lifted their FY2025 earnings per share (EPS) estimates for Simmons First National in a research note issued to investors on Thursday, January 23rd. DA Davidson analyst G. Tenner now expects that the bank will earn $1.91 per share for the year, up from their prior forecast of $1.51. The consensus estimate for Simmons First National's current full-year earnings is $1.57 per share.

Simmons First National (NASDAQ:SFNC - Get Free Report) last released its earnings results on Tuesday, January 21st. The bank reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.03. The company had revenue of $208.50 million during the quarter, compared to analyst estimates of $208,673.17 billion. Simmons First National had a net margin of 10.46% and a return on equity of 5.10%. The firm's quarterly revenue was up 17.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.40 EPS.

A number of other brokerages have also issued reports on SFNC. Stephens cut their price target on Simmons First National from $29.00 to $28.00 and set an "overweight" rating for the company in a research note on Thursday. StockNews.com upgraded Simmons First National from a "sell" rating to a "hold" rating in a research report on Monday, October 21st.

Simmons First National Price Performance

Shares of SFNC stock traded up $0.35 on Monday, hitting $22.88. 559,586 shares of the stock traded hands, compared to its average volume of 633,212. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.79 and a quick ratio of 0.80. Simmons First National has a 52 week low of $16.03 and a 52 week high of $25.95. The firm has a 50 day simple moving average of $23.11 and a two-hundred day simple moving average of $22.12. The firm has a market cap of $2.87 billion, a price-to-earnings ratio of 18.91 and a beta of 0.87.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in SFNC. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Simmons First National by 9,443.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,395,980 shares of the bank's stock valued at $24,541,000 after purchasing an additional 1,381,353 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Simmons First National by 33.8% in the third quarter. JPMorgan Chase & Co. now owns 676,171 shares of the bank's stock worth $14,565,000 after buying an additional 170,821 shares during the last quarter. Barclays PLC boosted its stake in Simmons First National by 131.4% during the third quarter. Barclays PLC now owns 247,821 shares of the bank's stock worth $5,337,000 after buying an additional 140,738 shares during the period. Dean Investment Associates LLC increased its position in Simmons First National by 231.6% during the third quarter. Dean Investment Associates LLC now owns 137,352 shares of the bank's stock valued at $2,959,000 after acquiring an additional 95,928 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in Simmons First National by 3.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,866,142 shares of the bank's stock valued at $40,197,000 after acquiring an additional 65,992 shares during the last quarter. Hedge funds and other institutional investors own 27.58% of the company's stock.

Insider Buying and Selling at Simmons First National

In other Simmons First National news, CAO David W. Garner sold 5,090 shares of Simmons First National stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $25.25, for a total value of $128,522.50. Following the completion of the transaction, the chief accounting officer now directly owns 64,966 shares of the company's stock, valued at $1,640,391.50. This trade represents a 7.27 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Chairman George Makris, Jr. sold 25,440 shares of the business's stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $25.21, for a total transaction of $641,342.40. Following the completion of the sale, the chairman now owns 608,347 shares in the company, valued at approximately $15,336,427.87. This trade represents a 4.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 45,800 shares of company stock valued at $1,136,650 in the last 90 days. Insiders own 1.91% of the company's stock.

Simmons First National Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, December 13th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 3.67%. The ex-dividend date was Friday, December 13th. Simmons First National's payout ratio is currently 69.42%.

Simmons First National Company Profile

Simmons First National Corporation operates as the holding company for Simmons Bank that provides banking and other financial products and services to individuals and businesses. The company offers checking, savings, and time deposits; consumer, real estate, and commercial loans; agricultural finance, equipment, and small business administration lending; trust and fiduciary services; credit cards; investment management products; treasury management; insurance products; and securities and investment services.