Southside Bancshares, Inc. (SBSI)
NASDAQ: SBSI · IEX Real-Time Price · USD
27.00
-0.09 (-0.33%)
Apr 16, 2024, 3:29 PM EDT - Market open

Southside Bancshares Statistics

Total Valuation

SBSI has a market cap or net worth of $816.60 million. The enterprise value is $1.15 billion.

Market Cap 816.60M
Enterprise Value 1.15B

Important Dates

The next confirmed earnings date is Thursday, April 25, 2024, before market open.

Earnings Date Apr 25, 2024
Ex-Dividend Date Feb 14, 2024

Share Statistics

SBSI has 30.26 million shares outstanding. The number of shares has decreased by -5.94% in one year.

Shares Outstanding 30.26M
Shares Change (YoY) -5.94%
Shares Change (QoQ) -1.10%
Owned by Insiders (%) 5.34%
Owned by Institutions (%) 58.58%
Float 28.62M

Valuation Ratios

The trailing PE ratio is 9.52 and the forward PE ratio is 9.39. SBSI's PEG ratio is 8.82.

PE Ratio 9.52
Forward PE 9.39
PS Ratio 3.37
Forward PS 2.90
PB Ratio 1.05
P/FCF Ratio 11.09
PEG Ratio 8.82
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.27, with an EV/FCF ratio of 15.62.

EV / Earnings 13.23
EV / Sales 4.74
EV / EBITDA 10.27
EV / EBIT 11.34
EV / FCF 15.62

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 1.16
Debt / EBITDA 8.00
Debt / FCF 12.17
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 11.50% and return on invested capital (ROIC) is 5.20%.

Return on Equity (ROE) 11.50%
Return on Assets (ROA) 1.10%
Return on Capital (ROIC) 5.20%
Revenue Per Employee $296,573
Profits Per Employee $106,371
Employee Count 815
Asset Turnover 0.03
Inventory Turnover n/a

Taxes

In the past 12 months, SBSI has paid $14.44 million in taxes.

Income Tax 14.44M
Effective Tax Rate 14.28%

Stock Price Statistics

The stock price has decreased by -17.56% in the last 52 weeks. The beta is 0.53, so SBSI's price volatility has been lower than the market average.

Beta (1Y) 0.53
52-Week Price Change -17.56%
50-Day Moving Average 28.72
200-Day Moving Average 29.40
Relative Strength Index (RSI) 39.75
Average Volume (30 Days) 135,979

Short Selling Information

The latest short interest is 629,049, so 2.08% of the outstanding shares have been sold short.

Short Interest 629,049
Short Previous Month 724,911
Short % of Shares Out 2.08%
Short % of Float 2.20%
Short Ratio (days to cover) 4.47

Income Statement

In the last 12 months, SBSI had revenue of $241.71 million and earned $86.69 million in profits. Earnings per share was $2.82.

Revenue 241.71M
Gross Profit 241.71M
Operating Income 101.13M
Pretax Income 101.13M
Net Income 86.69M
EBITDA 111.71M
EBIT 101.13M
Earnings Per Share (EPS) $2.82
Full Income Statement

Balance Sheet

The company has $560.51 million in cash and $893.32 million in debt, giving a net cash position of -$332.81 million or -$11.00 per share.

Cash & Cash Equivalents 560.51M
Total Debt 893.32M
Net Cash -332.81M
Net Cash Per Share -$11.00
Equity / Book Value 773.29M
Book Value Per Share 25.56
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $79.86 million and capital expenditures -$6.47 million, giving a free cash flow of $73.39 million.

Operating Cash Flow 79.86M
Capital Expenditures -6.47M
Free Cash Flow 73.39M
FCF Per Share $2.43
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 41.84% and 35.87%.

Gross Margin 100.00%
Operating Margin 41.84%
Pretax Margin 41.84%
Profit Margin 35.87%
EBITDA Margin 46.22%
EBIT Margin 41.84%
FCF Margin 30.36%

Dividends & Yields

This stock pays an annual dividend of $1.44, which amounts to a dividend yield of 5.33%.

Dividend Per Share $1.44
Dividend Yield 5.33%
Dividend Growth (YoY) 3.01%
Years of Dividend Growth 13
Payout Ratio 51.06%
Buyback Yield 5.94%
Shareholder Yield 11.31%
Earnings Yield 10.65%
FCF Yield 9.02%
Dividend Details

Analyst Forecast

The average price target for SBSI is $33.50, which is 24.07% higher than the current price. The consensus rating is "Hold".

Price Target $33.50
Price Target Difference 24.07%
Analyst Consensus Hold
Analyst Count 2
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on May 25, 2017. It was a forward split with a ratio of 1024:1000.

Last Split Date May 25, 2017
Split Type Forward
Split Ratio 1024:1000

Scores

Altman Z-Score n/a
Piotroski F-Score 4