South Plains Financial, Inc. (SPFI)
NASDAQ: SPFI · IEX Real-Time Price · USD
25.93
-0.45 (-1.71%)
Apr 26, 2024, 4:00 PM EDT - Market closed
South Plains Financial Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for SPFI stock have an average target of 29.33, with a low estimate of 28 and a high estimate of 31. The average target predicts an increase of 13.11% from the current stock price of 25.93.
Analyst Consensus: Buy
* Price targets were last updated on Jan 29, 2024.
Analyst Ratings
The average analyst rating for SPFI stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Maintains $28 → $31 | Buy | Maintains | $28 → $31 | +19.55% | Jan 29, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $28 → $29 | Buy | Maintains | $28 → $29 | +11.84% | Jul 26, 2023 |
| Raymond James | Raymond James | Buy Maintains $25 → $28 | Buy | Maintains | $25 → $28 | +7.98% | Jul 26, 2023 |
| Hovde Group | Hovde Group | Buy Initiates $28 | Buy | Initiates | $28 | +7.98% | Jul 14, 2023 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $30 → $28 | Buy | Maintains | $30 → $28 | +7.98% | Apr 28, 2023 |
Financial Forecast
Revenue This Year
192.27M
from 214.36M
Decreased by -10.31%
Revenue Next Year
204.31M
from 192.27M
Increased by 6.26%
EPS This Year
2.47
from 3.62
Decreased by -31.88%
EPS Next Year
2.63
from 2.47
Increased by 6.83%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 199.5M | 216.5M |
| Avg | 192.3M | 204.3M |
| Low | 183.5M | 191.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -6.9% | 12.6% |
| Avg | -10.3% | 6.3% |
| Low | -14.4% | -0.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.66 | 2.75 |
| Avg | 2.47 | 2.63 |
| Low | 2.29 | 2.50 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -26.6% | 11.6% |
| Avg | -31.9% | 6.8% |
| Low | -36.7% | 1.3% |
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.