NASDAQ:SSBK Southern States Bancshares (SSBK) Stock Price, News & Analysis $30.33 -0.70 (-2.26%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$30.07▼$31.2150-Day Range$26.00▼$33.5152-Week Range$21.70▼$34.72Volume10,589 shsAverage Volume9,801 shsMarket Capitalization$270.54 millionP/E Ratio8.43Dividend Yield1.19%Price Target$36.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get Southern States Bancshares alerts: Email Address Southern States Bancshares MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside18.7% Upside$36.00 Price TargetShort InterestHealthy0.83% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.84Based on 5 Articles This WeekInsider TradingSelling Shares$448,035 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.3.35 out of 5 starsFinance Sector366th out of 871 stocksState Commercial Banks Industry76th out of 177 stocks 2.5 Analyst's Opinion Consensus RatingSouthern States Bancshares has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageSouthern States Bancshares has only been the subject of 1 research reports in the past 90 days.Read more about Southern States Bancshares' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.83% of the float of Southern States Bancshares has been sold short.Short Interest Ratio / Days to CoverSouthern States Bancshares has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Southern States Bancshares has recently decreased by 19.10%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldSouthern States Bancshares pays a meaningful dividend of 1.16%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSouthern States Bancshares does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Southern States Bancshares is 10.00%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Southern States Bancshares' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SSBK. Previous Next 3.2 News and Social Media Coverage News SentimentSouthern States Bancshares has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Southern States Bancshares this week, compared to 1 article on an average week.MarketBeat Follows2 people have added Southern States Bancshares to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Southern States Bancshares insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $448,035.00 in company stock.Percentage Held by Insiders14.80% of the stock of Southern States Bancshares is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions58.73% of the stock of Southern States Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Southern States Bancshares' insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Southern States Bancshares is 8.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Southern States Bancshares is 8.43, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 31.96.Price to Book Value per Share RatioSouthern States Bancshares has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Southern States Bancshares' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyThe death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.So go here now to read my new report The Big AI Die-Up… while you still can. About Southern States Bancshares Stock (NASDAQ:SSBK)Southern States Bancshares, Inc. operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals. The company provides various deposit products, such as savings, money market, and noninterest-bearing demand accounts; certificates of deposit; and time deposits. It offers real estate loan products, including loans for real estate construction and development, residential mortgages, and commercial real estate mortgage loans; commercial and industrial loans; and direct consumer installment loans, overdrafts, and other revolving credit loans. In addition, it offers online and mobile banking, and ATM services. Southern States Bancshares, Inc. was founded in 2007 and is headquartered in Anniston, Alabama.Read More SSBK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SSBK Stock News HeadlinesSeptember 4 at 4:41 AM | insidertrades.comSouthern States Bancshares, Inc. (NASDAQ:SSBK) Director Brent O. Hitson Sells 2,000 SharesAugust 28, 2024 | insidertrades.comSouthern States Bancshares, Inc. (NASDAQ:SSBK) Director Sells $96,229.35 in StockSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.September 5 at 5:25 AM | americanbankingnews.comBrent O. Hitson Sells 2,000 Shares of Southern States Bancshares, Inc. (NASDAQ:SSBK) StockSeptember 1, 2024 | americanbankingnews.comSouthern States Bancshares, Inc. (NASDAQ:SSBK) Sees Large Decline in Short InterestAugust 29, 2024 | americanbankingnews.comJay F. Pumroy Sells 2,995 Shares of Southern States Bancshares, Inc. (NASDAQ:SSBK) StockAugust 21, 2024 | finance.yahoo.comSouthern States Bancshares Second Quarter 2024 Earnings: Beats ExpectationsAugust 1, 2024 | globenewswire.comSouthern States Bancshares Completes Acquisition of CBB BancorpSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.July 27, 2024 | finance.yahoo.comSouthern States Bancshares, Inc. (NASDAQ:SSBK) Looks Like A Good Stock, And It's Going Ex-Dividend SoonJuly 24, 2024 | finance.yahoo.comUS Growth Companies With High Insider Ownership To WatchJuly 23, 2024 | markets.businessinsider.comKBW Reaffirms Their Buy Rating on Southern States Bancshares (SSBK)July 22, 2024 | markets.businessinsider.comSouthern States Bancshares Q2 Profit Edged DownJuly 22, 2024 | globenewswire.comSouthern States Bancshares, Inc. Announces Second Quarter 2024 Financial ResultsJuly 17, 2024 | globenewswire.comSouthern States Bancshares, Inc. Announces Quarterly Cash Dividend of $0.09 Per ShareMay 1, 2024 | msn.comSouthern States Bancshares goes ex dividend tomorrowApril 25, 2024 | finance.yahoo.comSouthern States Bancshares First Quarter 2024 Earnings: Beats ExpectationsApril 23, 2024 | finance.yahoo.comSouthern States Bancshares Inc (SSBK) Q1 2024 Earnings: Exceeds EPS Estimates, Showcases Robust ...See More Headlines Receive SSBK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Southern States Bancshares and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/22/2024Ex-Dividend for 8/12 Dividend7/31/2024Dividend Payable8/12/2024Today9/07/2024Next Earnings (Estimated)10/28/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryBanking Current SymbolNASDAQ:SSBK CUSIPN/A CIK1689731 Websouthernstatesbank.net Phone256-241-1092FaxN/AEmployees200Year FoundedN/APrice Target and Rating Average Stock Price Target$36.00 High Stock Price Target$36.00 Low Stock Price Target$36.00 Potential Upside/Downside+18.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$3.60 Trailing P/E Ratio8.43 Forward P/E RatioN/A P/E GrowthN/ANet Income$31.95 million Net Margins20.68% Pretax Margin26.42% Return on Equity15.64% Return on Assets1.39% Debt Debt-to-Equity Ratio0.59 Current Ratio1.03 Quick Ratio1.03 Sales & Book Value Annual Sales$141.13 million Price / Sales1.92 Cash Flow$3.69 per share Price / Cash Flow8.21 Book Value$25.86 per share Price / Book1.17Miscellaneous Outstanding Shares8,920,000Free Float7,590,000Market Cap$270.54 million OptionableNot Optionable Beta0.22 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Mark A. Chambers (Age 59)CEO, President & Director Comp: $840.67kMs. Lynn J. Joyce (Age 60)Senior EVP & CFO Comp: $608.65kMr. Gregory B. Smith (Age 60)Senior EVP & Chief Risk Officer Comp: $602.92kMr. Jack Swift (Age 62)Senior EVP & COO Garnet ReynoldsPresident of Coweta & Fayette Counties, GASheila WellsCorporate SecretaryMore ExecutivesKey CompetitorsESSA BancorpNASDAQ:ESSASevern BancorpNASDAQ:SVBISB One BancorpNASDAQ:SBBXHawthorn BancsharesNASDAQ:HWBKFNCB BancorpNASDAQ:FNCBView All CompetitorsInsiders & InstitutionsBrent O HitsonSold 2,000 sharesTotal: $62,340.00 ($31.17/share)Jay F PumroySold 2,995 sharesTotal: $96,229.35 ($32.13/share)Squarepoint Ops LLCBought 9,472 shares on 8/14/2024Ownership: 0.106%Dimensional Fund Advisors LPBought 9,244 shares on 8/9/2024Ownership: 0.567%Renaissance Technologies LLCSold 4,000 shares on 8/9/2024Ownership: 0.549%View All Insider TransactionsView All Institutional Transactions SSBK Stock Analysis - Frequently Asked Questions How have SSBK shares performed this year? Southern States Bancshares' stock was trading at $29.28 at the beginning of 2024. Since then, SSBK shares have increased by 3.6% and is now trading at $30.33. View the best growth stocks for 2024 here. How were Southern States Bancshares' earnings last quarter? Southern States Bancshares, Inc. (NASDAQ:SSBK) announced its earnings results on Monday, July, 22nd. The company reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.11. The firm earned $42.38 million during the quarter. Southern States Bancshares had a trailing twelve-month return on equity of 15.64% and a net margin of 20.68%. When did Southern States Bancshares IPO? Southern States Bancshares (SSBK) raised $40 million in an initial public offering (IPO) on Thursday, August 12th 2021. The company issued 2,000,000 shares at a price of $19.00-$21.00 per share. Who are Southern States Bancshares' major shareholders? Top institutional investors of Southern States Bancshares include Dimensional Fund Advisors LP (0.57%), Renaissance Technologies LLC (0.55%), Bank of New York Mellon Corp (0.45%) and Squarepoint Ops LLC (0.11%). Insiders that own company stock include Jay F Pumroy, Lynn J Joyce and Brent O Hitson. View institutional ownership trends. How do I buy shares of Southern States Bancshares? Shares of SSBK 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. This page (NASDAQ:SSBK) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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