SouthState Statistics
Total Valuation
SouthState has a market cap or net worth of $6.11 billion. The enterprise value is $6.03 billion.
Market Cap | 6.11B |
Enterprise Value | 6.03B |
Important Dates
The next confirmed earnings date is Thursday, April 25, 2024, after market close.
Earnings Date | Apr 25, 2024 |
Ex-Dividend Date | Feb 8, 2024 |
Share Statistics
SouthState has 76.25 million shares outstanding. The number of shares has increased by 1.73% in one year.
Shares Outstanding | 76.25M |
Shares Change (YoY) | +1.73% |
Shares Change (QoQ) | +0.01% |
Owned by Insiders (%) | 0.98% |
Owned by Institutions (%) | 91.04% |
Float | 75.36M |
Valuation Ratios
The trailing PE ratio is 12.40 and the forward PE ratio is 12.10. SouthState's PEG ratio is 1.61.
PE Ratio | 12.40 |
Forward PE | 12.10 |
PS Ratio | 3.72 |
Forward PS | 3.47 |
PB Ratio | 1.09 |
P/FCF Ratio | 11.61 |
PEG Ratio | 1.61 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.74, with an EV/FCF ratio of 11.58.
EV / Earnings | 12.19 |
EV / Sales | 3.71 |
EV / EBITDA | 8.74 |
EV / EBIT | 9.55 |
EV / FCF | 11.58 |
Financial Position
Current Ratio | n/a |
Quick Ratio | n/a |
Debt / Equity | 0.18 |
Debt / EBITDA | 1.42 |
Debt / FCF | 1.89 |
Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 9.30% and return on invested capital (ROIC) is 7.59%.
Return on Equity (ROE) | 9.30% |
Return on Assets (ROA) | 1.10% |
Return on Capital (ROIC) | 7.59% |
Revenue Per Employee | $320,598 |
Profits Per Employee | $97,497 |
Employee Count | 5,070 |
Asset Turnover | 0.04 |
Inventory Turnover | n/a |
Taxes
In the past 12 months, SouthState has paid $136.54 million in taxes.
Income Tax | 136.54M |
Effective Tax Rate | 21.64% |
Stock Price Statistics
The stock price has increased by +16.10% in the last 52 weeks. The beta is 0.72, so SouthState's price volatility has been lower than the market average.
Beta (1Y) | 0.72 |
52-Week Price Change | +16.10% |
50-Day Moving Average | 81.60 |
200-Day Moving Average | 76.45 |
Relative Strength Index (RSI) | 47.42 |
Average Volume (30 Days) | 431,909 |
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 | 6.04% |
Short Ratio (days to cover) | 7.25 |
Income Statement
In the last 12 months, SouthState had revenue of $1.63 billion and earned $494.31 million in profits. Earnings per share was $6.46.
Revenue | 1.63B |
Gross Profit | 1.63B |
Operating Income | 630.85M |
Pretax Income | 630.85M |
Net Income | 494.31M |
EBITDA | 689.68M |
EBIT | 630.85M |
Earnings Per Share (EPS) | $6.46 |
Balance Sheet
The company has $998.88 million in cash and $981.09 million in debt, giving a net cash position of $17.79 million or $0.23 per share.
Cash & Cash Equivalents | 998.88M |
Total Debt | 981.09M |
Net Cash | 17.79M |
Net Cash Per Share | $0.23 |
Equity / Book Value | 5.53B |
Book Value Per Share | 72.56 |
Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $546.76 million and capital expenditures -$26.45 million, giving a free cash flow of $520.30 million.
Operating Cash Flow | 546.76M |
Capital Expenditures | -26.45M |
Free Cash Flow | 520.30M |
FCF Per Share | $6.84 |
Margins
Gross margin is 100.00%, with operating and profit margins of 38.81% and 30.41%.
Gross Margin | 100.00% |
Operating Margin | 38.81% |
Pretax Margin | 38.81% |
Profit Margin | 30.41% |
EBITDA Margin | 42.43% |
EBIT Margin | 38.81% |
FCF Margin | 32.01% |
Dividends & Yields
This stock pays an annual dividend of $2.08, which amounts to a dividend yield of 2.60%.
Dividend Per Share | $2.08 |
Dividend Yield | 2.60% |
Dividend Growth (YoY) | 3.52% |
Years of Dividend Growth | 12 |
Payout Ratio | 32.20% |
Buyback Yield | -1.73% |
Shareholder Yield | 0.90% |
Earnings Yield | 8.18% |
FCF Yield | 8.61% |
Analyst Forecast
The average price target for SouthState is $89.75, which is 12.05% higher than the current price. The consensus rating is "Hold".
Price Target | $89.75 |
Price Target Difference | 12.05% |
Analyst Consensus | Hold |
Analyst Count | 5 |
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 105:100.
Last Split Date | Mar 7, 2007 |
Split Type | Forward |
Split Ratio | 105:100 |
Scores
Altman Z-Score | n/a |
Piotroski F-Score | 5 |