Southern First Bancshares (SFST) to Release Earnings on Thursday

Southern First Bancshares (NASDAQ:SFST - Get Free Report) is projected to post its quarterly earnings results before the market opens on Thursday, January 30th. Analysts expect Southern First Bancshares to post earnings of $0.41 per share for the quarter.

Southern First Bancshares (NASDAQ:SFST - Get Free Report) last issued its quarterly earnings data on Tuesday, October 22nd. The bank reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.16. Southern First Bancshares had a net margin of 6.67% and a return on equity of 4.42%. The firm had revenue of $54.35 million for the quarter, compared to the consensus estimate of $23.57 million. During the same period last year, the firm posted $0.51 EPS. On average, analysts expect Southern First Bancshares to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Southern First Bancshares Stock Performance

NASDAQ SFST traded down $0.44 on Friday, hitting $36.58. The stock had a trading volume of 10,179 shares, compared to its average volume of 11,002. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.81. The company's 50-day moving average is $40.30 and its two-hundred day moving average is $36.54. The stock has a market cap of $298.49 million, a price-to-earnings ratio of 21.14 and a beta of 0.85. Southern First Bancshares has a one year low of $24.98 and a one year high of $45.90.

Insider Activity at Southern First Bancshares

In other news, CAO Julie Ann Fairchild sold 1,000 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $45.23, for a total value of $45,230.00. Following the completion of the transaction, the chief accounting officer now directly owns 5,840 shares in the company, valued at $264,143.20. This trade represents a 14.62 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 7.62% of the stock is owned by insiders.

Southern First Bancshares Company Profile

Southern First Bancshares, Inc operates as the bank holding company for Southern First Bank that provides commercial, consumer, and mortgage loans to the general public in South Carolina, North Carolina, and Georgia. The company accepts various deposit products that include checking accounts, commercial checking accounts, and savings accounts, as well as other time deposits, including daily money market accounts and long-term certificates of deposit.