Simmons First National Corporation (NASDAQ:SFNC) declared a quarterly dividend on Wednesday, August 30th, RTT News reports. Investors of record on Friday, September 15th will be paid a dividend of 0.25 per share by the bank on Monday, October 2nd. This represents a $1.00 dividend on an annualized basis and a yield of 1.93%.

Shares of Simmons First National Corporation (NASDAQ SFNC) traded down 0.29% during trading on Wednesday, reaching $51.90. The company had a trading volume of 127,699 shares. The firm’s 50 day moving average price is $52.89 and its 200 day moving average price is $54.16. The firm has a market capitalization of $1.67 billion, a P/E ratio of 17.14 and a beta of 1.12. Simmons First National Corporation has a 12 month low of $45.90 and a 12 month high of $67.00.

Simmons First National Corporation (NASDAQ:SFNC) last posted its quarterly earnings data on Wednesday, July 19th. The bank reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.04. Simmons First National Corporation had a net margin of 21.03% and a return on equity of 8.71%. The firm had revenue of $112.56 million for the quarter, compared to analysts’ expectations of $110 million. Equities analysts predict that Simmons First National Corporation will post $3.16 EPS for the current year.

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Several equities analysts have weighed in on the stock. Zacks Investment Research cut shares of Simmons First National Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday. BidaskClub lowered shares of Simmons First National Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, August 24th. Stephens set a $64.00 target price on shares of Simmons First National Corporation and gave the company a “buy” rating in a research note on Tuesday, August 15th. Raymond James Financial, Inc. raised shares of Simmons First National Corporation from an “underperform” rating to a “market perform” rating in a research note on Wednesday, July 5th. Finally, ValuEngine lowered shares of Simmons First National Corporation from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $61.25.

In related news, Director Joseph D. Porter sold 23,000 shares of Simmons First National Corporation stock in a transaction on Monday, June 12th. The shares were sold at an average price of $55.00, for a total value of $1,265,000.00. Following the completion of the sale, the director now owns 48,819 shares of the company’s stock, valued at approximately $2,685,045. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Christopher R. Kirkland sold 547 shares of Simmons First National Corporation stock in a transaction on Thursday, July 20th. The shares were sold at an average price of $55.00, for a total transaction of $30,085.00. Following the completion of the sale, the director now directly owns 228,399 shares of the company’s stock, valued at approximately $12,561,945. The disclosure for this sale can be found here. In the last ninety days, insiders sold 24,747 shares of company stock valued at $1,357,029. 4.63% of the stock is owned by company insiders.

About Simmons First National Corporation

Simmons First National Corporation is a financial holding company. The Company, through its subsidiary bank, Simmons Bank, provides financial services to individuals and businesses throughout the market areas they serve. As of December 31, 2016, Simmons Bank conducted banking operations through 150 financial centers located in communities throughout Arkansas, Kansas, Missouri and Tennessee.

Dividend History for Simmons First National Corporation (NASDAQ:SFNC)

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