With 67644.0 shares changed hands, the volume of the stock remained heavier than its average volume of 20100.0 shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $32.2 whereas the lowest price it dropped to was $30.87. The 52-week range on SSBK shows that it touched its highest point at $39.16 and its lowest point at $22.13 during that stretch. It currently has a 1-year price target of $41.50. With its current market cap of 312.96 million, SSBK has annualized dividend of $0.36 while the current yield stands at 1.14%. Beta for the stock currently stands at 0.34.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SSBK was down-trending over the past week, with a drop of -4.95%, but this was down by -12.03% over a month. Three-month performance surged to 10.20% while six-month performance rose 16.65%. The stock gained 11.13% in the past year, while it has lost -4.95% so far this year. A look at the trailing 12-month EPS for SSBK yields 3.54 with Next year EPS estimates of 3.98. For the next quarter, that number is 0.84. This implies an EPS growth rate of -3.54% for this year and 16.89% for next year.
Float and Shares Shorts:
At present, 9.88 million SSBK shares are outstanding with a float of 7.52 million shares on hand for trading. On 2024-12-13, short shares totaled 34068.0, which was 34.0 higher than short shares on 1731628800. In addition to Mr. Mark A. Chambers as the firm’s CEO, President & Director, Ms. Lynn J. Joyce serves as its Senior EVP & CFO.
Institutional Ownership:
Through their ownership of 0.52384 of SSBK’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SSBK since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SSBK analysts setting a high price target of 43.0 and a low target of 40.0, the average target price over the next 12 months is 41.5. Based on these targets, SSBK could surge 35.82% to reach the target high and rise by 26.34% to reach the target low. Reaching the average price target will result in a growth of 31.08% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.45345 being high and $3.35655 being low. For SSBK, this leads to a yearly average estimate of $3.405.
