FY2025 Earnings Forecast for SFNC Issued By DA Davidson

Simmons First National Co. (NASDAQ:SFNC - Free Report) - DA Davidson dropped their FY2025 earnings per share estimates for Simmons First National in a note issued to investors on Thursday, December 19th. DA Davidson analyst G. Tenner now anticipates that the bank will post earnings per share of $1.51 for the year, down from their prior estimate of $1.56. The consensus estimate for Simmons First National's current full-year earnings is $1.33 per share.

Simmons First National (NASDAQ:SFNC - Get Free Report) last posted its earnings results on Friday, October 18th. The bank reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.04. Simmons First National had a return on equity of 5.15% and a net margin of 8.94%. The firm had revenue of $203.20 million for the quarter, compared to analyst estimates of $204.91 million. During the same period in the previous year, the company posted $0.39 earnings per share. The company's revenue for the quarter was up 3.6% on a year-over-year basis.

SFNC has been the topic of a number of other reports. StockNews.com upgraded shares of Simmons First National from a "sell" rating to a "hold" rating in a report on Monday, October 21st. Stephens upgraded shares of Simmons First National from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $27.00 to $28.00 in a research note on Monday, October 21st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $23.00.

Simmons First National Stock Down 0.3 %

Shares of NASDAQ:SFNC traded down $0.07 during midday trading on Monday, reaching $22.42. 489,960 shares of the company were exchanged, compared to its average volume of 556,025. The stock has a fifty day simple moving average of $23.88 and a two-hundred day simple moving average of $21.23. The firm has a market cap of $2.82 billion, a PE ratio of 21.98 and a beta of 0.86. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.40. Simmons First National has a fifty-two week low of $16.03 and a fifty-two week high of $25.95.

Institutional Trading of Simmons First National

Hedge funds have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. raised its holdings in 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 buying an additional 1,381,353 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Simmons First National by 6.0% during the second quarter. Dimensional Fund Advisors LP now owns 7,323,934 shares of the bank's stock worth $128,752,000 after purchasing an additional 413,459 shares during the period. Denali Advisors LLC grew its stake in shares of Simmons First National by 104.6% in the second quarter. Denali Advisors LLC now owns 376,000 shares of the bank's stock worth $6,610,000 after purchasing an additional 192,200 shares during the last quarter. Mesirow Institutional Investment Management Inc. increased its holdings in Simmons First National by 28.0% in the second quarter. Mesirow Institutional Investment Management Inc. now owns 705,138 shares of the bank's stock valued at $12,396,000 after purchasing an additional 154,128 shares during the period. Finally, Barclays PLC raised its position in Simmons First National by 131.4% during the 3rd quarter. Barclays PLC now owns 247,821 shares of the bank's stock worth $5,337,000 after purchasing an additional 140,738 shares during the last quarter. Institutional investors and hedge funds own 27.58% of the company's stock.

Insider Transactions at Simmons First National

In related news, CEO Robert A. Fehlman sold 15,270 shares of the business's stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $24.02, for a total value of $366,785.40. Following the completion of the transaction, the chief executive officer now owns 156,357 shares of the company's stock, valued at $3,755,695.14. The trade was a 8.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO David W. Garner sold 5,090 shares of the company's stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $25.25, for a total value of $128,522.50. Following the sale, the chief accounting officer now owns 64,966 shares of the company's stock, valued at $1,640,391.50. The trade was a 7.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 45,800 shares of company stock valued at $1,136,650. 1.91% of the stock is currently owned by company insiders.

Simmons First National Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, December 13th will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date is Friday, December 13th. Simmons First National's dividend payout ratio is currently 82.35%.

About Simmons First National

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.