Southern States Bancshares, Inc. (SSBK)
NASDAQ: SSBK · IEX Real-Time Price · USD
24.16
-0.02 (-0.08%)
Apr 25, 2024, 4:00 PM EDT - Market closed
SSBK Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for SSBK stock has a target of 35, which predicts an increase of 44.87% from the current stock price of 24.16.
Analyst Consensus: Buy
* Price targets were last updated on Mar 15, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for SSBK is "Buy". This means that the analyst believes 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 | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 2 | 2 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold → Buy Upgrades $32 → $35 | Hold → Buy | Upgrades | $32 → $35 | +44.87% | Mar 15, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $30 → $32 | Hold | Maintains | $30 → $32 | +32.45% | Jan 23, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $25 → $26 | Hold | Maintains | $25 → $26 | +7.62% | Jul 25, 2023 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $27 → $25 | Hold | Maintains | $27 → $25 | +3.48% | Apr 6, 2023 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Oct 7, 2022 |
Financial Forecast
Revenue This Year
97.21M
from 82.90M
Increased by 17.26%
Revenue Next Year
111.18M
from 97.21M
Increased by 14.38%
EPS This Year
3.57
from 3.53
Increased by 1.13%
EPS Next Year
3.77
from 3.57
Increased by 5.71%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 100.1M | 114.5M |
| Avg | 97.2M | 111.2M |
| Low | 93.4M | 106.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 20.7% | 17.7% |
| Avg | 17.3% | 14.4% |
| Low | 12.7% | 9.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 3.68 | 3.89 |
| Avg | 3.57 | 3.77 |
| Low | 3.43 | 3.63 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 4.1% | 8.8% |
| Avg | 1.1% | 5.7% |
| Low | -2.8% | 1.6% |
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.