DA Davidson Has Pessimistic Outlook of SFNC FY2025 Earnings

Simmons First National Co. (NASDAQ:SFNC - Free Report) - Research analysts at DA Davidson cut their FY2025 earnings estimates for Simmons First National in a research report issued to clients and investors on Wednesday, April 2nd. DA Davidson analyst G. Tenner now anticipates that the bank will earn $1.58 per share for the year, down from their previous estimate of $1.59. The consensus estimate for Simmons First National's current full-year earnings is $1.66 per share. DA Davidson also issued estimates for Simmons First National's FY2025 earnings at $1.58 EPS.

Simmons First National (NASDAQ:SFNC - Get Free Report) last posted its earnings results on Tuesday, January 21st. The bank reported $0.39 EPS for the quarter, topping the consensus estimate of $0.36 by $0.03. The firm had revenue of $208.50 million during the quarter, compared to analysts' expectations of $208.67 million. Simmons First National had a net margin of 10.46% and a return on equity of 5.10%. Simmons First National's quarterly revenue was up 17.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.40 EPS.

Separately, Stephens lowered their price target on Simmons First National from $29.00 to $28.00 and set an "overweight" rating on the stock in a report on Thursday, January 23rd.

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Simmons First National Stock Performance

SFNC traded up $0.85 during trading hours on Friday, hitting $18.90. The company's stock had a trading volume of 321,394 shares, compared to its average volume of 582,847. The company has a 50-day simple moving average of $21.15 and a 200 day simple moving average of $22.35. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $2.38 billion, a PE ratio of 15.75 and a beta of 0.82. Simmons First National has a fifty-two week low of $16.03 and a fifty-two week high of $25.95.

Simmons First National Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th were paid a $0.2125 dividend. This represents a $0.85 dividend on an annualized basis and a dividend yield of 4.50%. The ex-dividend date of this dividend was Friday, March 14th. This is an increase from Simmons First National's previous quarterly dividend of $0.21. Simmons First National's payout ratio is currently 70.25%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Jones Financial Companies Lllp bought a new position in shares of Simmons First National during the 4th quarter valued at about $29,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Simmons First National during the 4th quarter worth $36,000. Quarry LP bought a new stake in shares of Simmons First National during the 4th quarter worth $47,000. Smartleaf Asset Management LLC raised its position in shares of Simmons First National by 168.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,144 shares of the bank's stock worth $48,000 after purchasing an additional 1,345 shares during the period. Finally, Sterling Capital Management LLC lifted its holdings in shares of Simmons First National by 813.8% during the fourth quarter. Sterling Capital Management LLC now owns 3,911 shares of the bank's stock valued at $87,000 after purchasing an additional 3,483 shares during the last quarter. Institutional investors own 27.58% of the company's stock.

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.