Southside Bancshares Hits New 52-Week High at $33.47 (SBSI)
Southside Bancshares (NASDAQ:SBSI) reached a new 52-week high during mid-day trading on Monday , Analyst Ratings Net reports. The company traded as high as $33.47 and last traded at $32.35, with a volume of 31,167 shares trading hands. The stock had previously closed at $32.09.
The stock’s 50-day moving average is $29.54 and its 200-day moving average is $28.82. The company has a market cap of $617.2 million and a P/E ratio of 15.21.
Southside Bancshares (NASDAQ:SBSI) last announced its earnings results on Monday, July 28th. The company reported $0.55 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.53 by $0.02. Analysts expect that Southside Bancshares will post $2.16 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, September 4th. Investors of record on Thursday, August 21st will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 2.74%. The ex-dividend date is Tuesday, August 19th. This is an increase from Southside Bancshares’s previous quarterly dividend of $0.21.
Southside Bancshares, Inc (NASDAQ:SBSI) bank holding company for Southside Bank.
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