SouthState Corporation (SSB)
NYSE: SSB · IEX Real-Time Price · USD
76.22
-0.86 (-1.12%)
Apr 30, 2024, 10:50 AM EDT - Market open
SouthState Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for SouthState stock have an average target of 88.5, with a low estimate of 78 and a high estimate of 102. The average target predicts an increase of 16.12% from the current stock price of 76.22.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for SouthState stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 1 | 1 | 1 | 0 |
| Hold | 1 | 2 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 6 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $89 → $84 | Hold | Maintains | $89 → $84 | +10.21% | Apr 29, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $90 → $89 | Hold | Maintains | $90 → $89 | +16.77% | Apr 1, 2024 |
| UBS | UBS | Hold Maintains $88 → $90 | Hold | Maintains | $88 → $90 | +18.09% | Jan 29, 2024 |
| DA Davidson | DA Davidson | Strong Buy Initiates $102 | Strong Buy | Initiates | $102 | +33.83% | Jan 29, 2024 |
| Raymond James | Raymond James | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jan 5, 2024 |
Financial Forecast
Revenue This Year
1.74B
from 1.63B
Increased by 7.23%
Revenue Next Year
1.88B
from 1.74B
Increased by 7.86%
EPS This Year
6.62
from 6.46
Increased by 2.51%
EPS Next Year
7.30
from 6.62
Increased by 10.22%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.8B | 2.0B | 2.2B |
| Avg | 1.7B | 1.9B | 2.1B |
| Low | 1.7B | 1.8B | 2.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.4% | 13.6% | 16.9% |
| Avg | 7.2% | 7.9% | 12.4% |
| Low | 2.9% | 3.2% | 9.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.14 | 7.93 | 10.12 |
| Avg | 6.62 | 7.30 | 9.74 |
| Low | 6.27 | 6.81 | 9.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.5% | 19.7% | 38.7% |
| Avg | 2.5% | 10.2% | 33.4% |
| Low | -2.9% | 2.9% | 29.4% |
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.