With 0.12 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.23 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $84.29 whereas the lowest price it dropped to was $82.6. The 52-week range on SFBS shows that it touched its highest point at $101.37 and its lowest point at $58.05 during that stretch. It currently has a 1-year price target of $97.00. With its current market cap of 4.57 billion, SFBS has annualized dividend of $1.24 while the current yield stands at 1.47%. Beta for the stock currently stands at 0.91.
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 SFBS was down-trending over the past week, with a drop of -1.11%, but this was down by -11.94% over a month. Three-month performance surged to 8.03% while six-month performance rose 33.35%. The stock gained 29.38% in the past year, while it has lost -1.11% so far this year. A look at the trailing 12-month EPS for SFBS yields 3.74 with Next year EPS estimates of 5.06. For the next quarter, that number is 1.11. This implies an EPS growth rate of 3.89% for this year and 23.61% for next year.
Float and Shares Shorts:
At present, 54.55 million SFBS shares are outstanding with a float of 50.55 million shares on hand for trading. On 2024-12-13, short shares totaled 3.72 million, which was 681.9999999999999 higher than short shares on 1731628800. In addition to Mr. Thomas Ashford Broughton III as the firm’s Chairman, President & CEO, Mr. Rodney Eldon Rushing serves as its Executive VP & COO.
Institutional Ownership:
Through their ownership of 0.73633003 of SFBS’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 SFBS since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 SFBS analysts setting a high price target of 99.0 and a low target of 95.0, the average target price over the next 12 months is 97.0. Based on these targets, SFBS could surge 18.14% to reach the target high and rise by 13.37% to reach the target low. Reaching the average price target will result in a growth of 15.75% 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 $4.12339 being high and $4.05334 being low. For SFBS, this leads to a yearly average estimate of $4.09337. Based on analyst estimates, the high estimate for the next quarter is $1.18 and the low estimate is $1.04. The average estimate for the next quarter is thus $1.13.
