SouthState Corporation (SSB)

SouthState Statistics

Total Valuation

SouthState has a market cap or net worth of $7.64 billion. The enterprise value is $8.36 billion.

Market Cap	7.64B
Enterprise Value	8.36B

Important Dates

The next estimated earnings date is Thursday, January 23, 2025, after market close.

Earnings Date	Jan 23, 2025
Ex-Dividend Date	Nov 8, 2024

Share Statistics

SouthState has 76.29 million shares outstanding. The number of shares has increased by 0.32% in one year.

Current Share Class	76.29M
Shares Outstanding	76.29M
Shares Change (YoY)	+0.32%
Shares Change (QoQ)	+0.26%
Owned by Insiders (%)	1.01%
Owned by Institutions (%)	89.78%
Float	75.48M

Valuation Ratios

The trailing PE ratio is 15.46 and the forward PE ratio is 13.97.

PE Ratio	15.46
Forward PE	13.97
PS Ratio	4.58
Forward PS	3.46
PB Ratio	1.29
P/TBV Ratio	1.96
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	16.80
EV / Sales	5.01
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

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

Financial Efficiency

Return on equity (ROE) is 8.93%.

Return on Equity (ROE)	8.93%
Return on Assets (ROA)	1.09%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$328,918
Profits Per Employee	$98,106
Employee Count	5,070
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, SouthState has paid $152.09 million in taxes.

Income Tax	152.09M
Effective Tax Rate	23.42%

Stock Price Statistics

The stock price has increased by +15.81% in the last 52 weeks. The beta is 0.68, so SouthState's price volatility has been lower than the market average.

Beta (5Y)	0.68
52-Week Price Change	+15.81%
50-Day Moving Average	104.57
200-Day Moving Average	89.77
Relative Strength Index (RSI)	36.39
Average Volume (20 Days)	584,508

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	6.03%
Short Ratio (days to cover)	5.23

Income Statement

In the last 12 months, SouthState had revenue of $1.67 billion and earned $497.40 million in profits. Earnings per share was $6.48.

Revenue	1.67B
Gross Profit	1.67B
Operating Income	755.05M
Pretax Income	620.25M
Net Income	497.40M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$6.48

Balance Sheet

The company has $1.23 billion in cash and $1.94 billion in debt, giving a net cash position of -$713.11 million or -$9.35 per share.

Cash & Cash Equivalents	1.23B
Total Debt	1.94B
Net Cash	-713.11M
Net Cash Per Share	-$9.35
Equity (Book Value)	5.90B
Book Value Per Share	77.42
Working Capital	-37.14B

Cash Flow

In the last 12 months, operating cash flow was -$116.65 million and capital expenditures -$34.90 million, giving a free cash flow of -$151.56 million.

Operating Cash Flow	-116.65M
Capital Expenditures	-34.90M
Free Cash Flow	-151.56M
FCF Per Share	-$1.99

Margins

Gross Margin	n/a
Operating Margin	45.28%
Pretax Margin	38.95%
Profit Margin	29.83%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of $2.16, which amounts to a dividend yield of 2.16%.

Dividend Per Share	$2.16
Dividend Yield	2.16%
Dividend Growth (YoY)	3.92%
Years of Dividend Growth	12
Payout Ratio	33.33%
Buyback Yield	-0.32%
Shareholder Yield	1.84%
Earnings Yield	6.51%
FCF Yield	-1.98%

Analyst Forecast

The average price target for SouthState is $108.00, which is 7.77% higher than the current price. The consensus rating is "Buy".

Price Target	$108.00
Price Target Difference	7.77%
Analyst Consensus	Buy
Analyst Count	9
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 1.05:1.

Last Split Date	Mar 7, 2007
Split Type	Forward
Split Ratio	1.05:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	2