SouthState Statistics
Total Valuation
SouthState has a market cap or net worth of $5.97 billion. The enterprise value is $5.96 billion.
| Market Cap | 5.97B |
| Enterprise Value | 5.96B |
Important Dates
The next confirmed earnings date is Thursday, April 25, 2024, after market close.
| Earnings Date | Apr 25, 2024 |
| Ex-Dividend Date | Feb 8, 2024 |
Share Statistics
SouthState has 76.25 million shares outstanding. The number of shares has increased by 1.73% in one year.
| Shares Outstanding | 76.25M |
| Shares Change (YoY) | +1.73% |
| Shares Change (QoQ) | +0.01% |
| Owned by Insiders (%) | 0.98% |
| Owned by Institutions (%) | 91.04% |
| Float | 75.36M |
Valuation Ratios
The trailing PE ratio is 12.13 and the forward PE ratio is 11.83. SouthState's PEG ratio is 1.61.
| PE Ratio | 12.13 |
| Forward PE | 11.83 |
| PS Ratio | 3.67 |
| Forward PS | 3.43 |
| PB Ratio | 1.08 |
| P/FCF Ratio | 11.48 |
| PEG Ratio | 1.61 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.63, with an EV/FCF ratio of 11.45.
| EV / Earnings | 12.05 |
| EV / Sales | 3.66 |
| EV / EBITDA | 8.63 |
| EV / EBIT | 9.44 |
| EV / FCF | 11.45 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.18 |
| Debt / EBITDA | 1.42 |
| Debt / FCF | 1.89 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 9.30% and return on invested capital (ROIC) is 7.59%.
| Return on Equity (ROE) | 9.30% |
| Return on Assets (ROA) | 1.10% |
| Return on Capital (ROIC) | 7.59% |
| Revenue Per Employee | $320,598 |
| Profits Per Employee | $97,497 |
| Employee Count | 5,070 |
| Asset Turnover | 0.04 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, SouthState has paid $136.54 million in taxes.
| Income Tax | 136.54M |
| Effective Tax Rate | 21.64% |
Stock Price Statistics
The stock price has increased by +11.04% in the last 52 weeks. The beta is 0.72, so SouthState's price volatility has been lower than the market average.
| Beta (1Y) | 0.72 |
| 52-Week Price Change | +11.04% |
| 50-Day Moving Average | 81.61 |
| 200-Day Moving Average | 76.38 |
| Relative Strength Index (RSI) | 44.12 |
| Average Volume (30 Days) | 422,877 |
Short Selling Information
The latest short interest is 4.56 million, so 5.97% of the outstanding shares have been sold short.
| Short Interest | 4.56M |
| Short Previous Month | 4.87M |
| Short % of Shares Out | 5.97% |
| Short % of Float | 6.04% |
| Short Ratio (days to cover) | 7.25 |
Income Statement
In the last 12 months, SouthState had revenue of $1.63 billion and earned $494.31 million in profits. Earnings per share was $6.46.
| Revenue | 1.63B |
| Gross Profit | 1.63B |
| Operating Income | 630.85M |
| Pretax Income | 630.85M |
| Net Income | 494.31M |
| EBITDA | 689.68M |
| EBIT | 630.85M |
| Earnings Per Share (EPS) | $6.46 |
Balance Sheet
The company has $998.88 million in cash and $981.09 million in debt, giving a net cash position of $17.79 million or $0.23 per share.
| Cash & Cash Equivalents | 998.88M |
| Total Debt | 981.09M |
| Net Cash | 17.79M |
| Net Cash Per Share | $0.23 |
| Equity / Book Value | 5.53B |
| Book Value Per Share | 72.56 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $546.76 million and capital expenditures -$26.45 million, giving a free cash flow of $520.30 million.
| Operating Cash Flow | 546.76M |
| Capital Expenditures | -26.45M |
| Free Cash Flow | 520.30M |
| FCF Per Share | $6.84 |
Margins
Gross margin is 100.00%, with operating and profit margins of 38.81% and 30.41%.
| Gross Margin | 100.00% |
| Operating Margin | 38.81% |
| Pretax Margin | 38.81% |
| Profit Margin | 30.41% |
| EBITDA Margin | 42.43% |
| EBIT Margin | 38.81% |
| FCF Margin | 32.01% |
Dividends & Yields
This stock pays an annual dividend of $2.08, which amounts to a dividend yield of 2.66%.
| Dividend Per Share | $2.08 |
| Dividend Yield | 2.66% |
| Dividend Growth (YoY) | 3.52% |
| Years of Dividend Growth | 12 |
| Payout Ratio | 32.20% |
| Buyback Yield | -1.73% |
| Shareholder Yield | 0.93% |
| Earnings Yield | 8.28% |
| FCF Yield | 8.71% |
Analyst Forecast
The average price target for SouthState is $89.75, which is 14.58% higher than the current price. The consensus rating is "Hold".
| Price Target | $89.75 |
| Price Target Difference | 14.58% |
| Analyst Consensus | Hold |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on March 7, 2007. It was a forward split with a ratio of 105:100.
| Last Split Date | Mar 7, 2007 |
| Split Type | Forward |
| Split Ratio | 105:100 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 5 |