With 0.74 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.71 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $101.0 whereas the lowest price it dropped to was $98.31. The 52-week range on SSB shows that it touched its highest point at $114.26 and its lowest point at $70.68 during that stretch. It currently has a 1-year price target of $120.78. With its current market cap of 10.07 billion, SSB has annualized dividend of $2.12 while the current yield stands at 2.13%. SSB paid its most recent dividend on 1731024000, while the ex-dividend date for that was 1731024000. Beta for the stock currently stands at 0.69.
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 SSB was up-trending over the past week, with a rise of 3.57%, but this was down by -7.73% over a month. Three-month performance dropped to -0.83% while six-month performance rose 10.40%. The stock gained 23.41% in the past year, while it has gained 0.05% so far this year. A look at the trailing 12-month EPS for SSB yields 6.49 with Next year EPS estimates of 6.06. For the next quarter, that number is 1.65. This implies an EPS growth rate of 4.35% for this year and -10.15% for next year.
Float and Shares Shorts:
At present, 101.19 million SSB shares are outstanding with a float of 99.50 million shares on hand for trading. On 2024-12-31, short shares totaled 2.97 million, which was 389.00003 higher than short shares on 1732838400. In addition to Mr. John C. Corbett as the firm’s CEO & Director, Mr. Richard Murray IV serves as its President & Chief Banking Officer.
Institutional Ownership:
Through their ownership of 0.69991994 of SSB’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 SSB since 5 analysts follow the stock currently. There are 5 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 SSB analysts setting a high price target of 135.0 and a low target of 106.0, the average target price over the next 12 months is 120.77778. Based on these targets, SSB could surge 35.64% to reach the target high and rise by 6.5% to reach the target low. Reaching the average price target will result in a growth of 21.35% from current levels.
Analysts have provided yearly estimates in a range of $7.05 being high and $6.96 being low. For SSB, this leads to a yearly average estimate of $6.99. Based on analyst estimates, the high estimate for the next quarter is $2.8 and the low estimate is $0.69. The average estimate for the next quarter is thus $1.6.
