Southside Bancshares Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for SBSI stock has a target of 34, which predicts an increase of 24.95% from the current stock price of 27.21.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$34	$34	$34	$34
Change	+24.95%	+24.95%	+24.95%	+24.95%

* Price targets were last updated on Jul 26, 2023.

Analyst Ratings

According to 1 stock analyst, the rating for SBSI is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Feb '23	Mar '23	Apr '23	May '23	Jun '23	Jul '23
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	2	2	2	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	2	2	2	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matt Olney Stephens & Co.	Stephens & Co.	Hold Maintains $29 → $34	Hold	Maintains	$29 → $34	+24.95%	Jul 26, 2023
Brad Milsaps Piper Sandler	Piper Sandler	Hold Maintains $36 → $33	Hold	Maintains	$36 → $33	+21.28%	Apr 26, 2023
Matt Olney Stephens & Co.	Stephens & Co.	Hold Maintains $36 → $40	Hold	Maintains	$36 → $40	+47.00%	Jan 30, 2023
Matt Olney Stephens & Co.	Stephens & Co.	Hold Maintains $40 → $38	Hold	Maintains	$40 → $38	+39.65%	Oct 31, 2022
Matt Olney Stephens & Co.	Stephens & Co.	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Dec 20, 2021

More Analyst Ratings

Financial Forecast

Revenue This Year

270.48M

from 241.71M

11.90%

from 241.71M

Revenue Next Year

281.02M

from 270.48M

3.90%

from 270.48M

EPS This Year

2.76

from 2.82

-2.22%

from 2.82

EPS Next Year

2.80

from 2.76

1.54%

from 2.76

Year	2019	2020	2021	2022	2023	2024	2025
Revenue	207.07M	216.80M	255.86M	249.96M	241.71M	270.48M	281.02M
Revenue Growth	1.31%	4.70%	18.02%	-2.31%	-3.30%	11.90%	3.90%
EPS	2.20	2.47	3.47	3.26	2.82	2.76	2.80
EPS Growth	4.27%	12.27%	40.49%	-6.05%	-13.50%	-2.22%	1.54%
Forward PE	-	-	-	-	-	9.87	9.72
No. Analysts	-	-	-	-	-	5	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	279.3M	290.0M
Avg	270.5M	281.0M
Low	259.3M	269.3M

Revenue Growth

Revenue Growth	2024	2025
High	15.6%	7.2%
Avg	11.9%	3.9%
Low	7.3%	-0.4%

EPS Forecast

EPS	2024	2025
High	2.88	2.92
Avg	2.76	2.80
Low	2.62	2.66

EPS Growth

EPS Growth	2024	2025
High	2.0%	5.9%
Avg	-2.2%	1.5%
Low	-7.2%	-3.7%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.