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SouthState (SSB) Stock Price, News & Analysis

$93.33
-2.04 (-2.14%)
(As of 09/6/2024 ET)
Today's Range
$92.93
â–Ľ
$96.42
50-Day Range
$75.46
â–Ľ
$100.20
52-Week Range
$63.36
â–Ľ
$101.32
Volume
251,995 shs
Average Volume
478,049 shs
Market Capitalization
$7.11 billion
P/E Ratio
15.23
Dividend Yield
2.31%
Price Target
$102.75

SouthState MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
10.1% Upside
$102.75 Price Target
Short Interest
N/A
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.74mentions of SouthState in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.15%
From $6.70 to $7.38 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.28 out of 5 stars

Finance Sector

168th out of 871 stocks

State Commercial Banks Industry

34th out of 177 stocks

SSB stock logo

About SouthState Stock (NASDAQ:SSB)

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 offers checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, money market accounts, and other time deposits, as well as bond accounting, asset/liability consulting related activities, and other clearing and corporate checking account services. The company also offers commercial real estate loans, residential real estate loans, commercial, and industrial loans, as well as consumer loans, including auto, boat, and personal installment, as well as business, agriculture, real estate-secured (mortgage), home improvement, and manufactured housing loans. In addition, it provides debit card, mobile services, funds transfer products and services, and treasury management services comprising merchant, automated clearing house, lock-box, remote deposit capture, and other treasury services, as well as asset and wealth management, and other fiduciary and private banking services. Further, the company offers safe deposit boxes, bank money orders, wire transfer, brokerage services, and alternative investment products, including annuities, mutual funds, and trust management services; and credit cards, letters of credit, and home equity lines of credit. The company also serves its customers through online, mobile, and telephone banking platforms. The company was formerly known as First Financial Holdings, Inc. and changed its name to SouthState Corporation in July 2013. SouthState Corporation was founded in 1933 and is headquartered in Winter Haven, Florida.

SSB Stock Price History

SSB Stock News Headlines

3 US Stocks Estimated To Be Trading Below Fair Value
Biden's Successor: The Radical Threat to YOUR Savings!
Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.
SouthState Corporation (FJ5.F)
SouthState: Q2 Earnings Snapshot
Where SouthState Stands With Analysts
Biden's Successor: The Radical Threat to YOUR Savings!
Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.
See More Headlines
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Company Calendar

Last Earnings
7/24/2024
Ex-Dividend for 8/16 Dividend
8/09/2024
Dividend Payable
8/16/2024
Today
9/07/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:SSB
CUSIP
78401V10
Employees
5,070
Year Founded
1934

Price Target and Rating

Average Stock Price Target
$102.75
High Stock Price Target
$112.00
Low Stock Price Target
$90.00
Potential Upside/Downside
+10.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$494.31 million
Pretax Margin
27.02%

Debt

Sales & Book Value

Annual Sales
$1.65 billion
Cash Flow
$7.63 per share
Book Value
$74.11 per share

Miscellaneous

Free Float
75,229,000
Market Cap
$7.11 billion
Optionable
Optionable
Beta
0.67

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SSB Stock Analysis - Frequently Asked Questions

How have SSB shares performed this year?

SouthState's stock was trading at $84.45 at the beginning of 2024. Since then, SSB stock has increased by 10.5% and is now trading at $93.33.
View the best growth stocks for 2024 here
.

How were SouthState's earnings last quarter?

SouthState Co. (NASDAQ:SSB) issued its quarterly earnings data on Wednesday, July, 24th. The bank reported $1.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.25. SouthState's quarterly revenue was down 3.1% compared to the same quarter last year.

Who are SouthState's major shareholders?

SouthState's top institutional shareholders include Dimensional Fund Advisors LP (4.37%), Victory Capital Management Inc. (3.68%), American Century Companies Inc. (2.21%) and Earnest Partners LLC (1.96%). Insiders that own company stock include G Ruffner Page Jr, Richard Iv Murray, Daniel E Bockhorst, Renee R Brooks, Robert R Horger, Greg A Lapointe, Douglas Lloyd Williams, Robert R Hill Jr, John C Pollok, Ronald M Cofield and Ernest S Pinner.
View institutional ownership trends
.

How do I buy shares of SouthState?

Shares of SSB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of SouthState own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SouthState investors own include NVIDIA (NVDA), CVS Health (CVS), QUALCOMM (QCOM), Boeing (BA), Procter & Gamble (PG), Stitch Fix (SFIX) and UGI (UGI).

This page (NASDAQ:SSB) was last updated on 9/7/2024 by MarketBeat.com Staff

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