There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for SouthState Corporation (SSB) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $74.82. The SouthState Corporation has recorded 27,318 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that SouthState Forms Small Business Banking Team.
As a NASDAQ listed company, SSB falls under the Financial sector while operating within the Banks – Regional industry segment. At the end of the last regular session, the stock closed at $74.82 and fluctuated between $75.21 as its day high and $73.03 as its day low. The current market capitalization of SouthState Corporation is $5.50B. A total of 0.39 million shares were traded on the day, compared to an average of 458.86K shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, SSB has seen 0 BUY and 3 SELL insider trades, representing the acquisition of 0 and the disposition of 10,000 shares. Over the last 12 months, there were 62 BUYs and 53 SELLs from insiders. Insiders purchased 181,239 shares during that period but sold 282,799.
In the most recent transaction, Lapointe Greg A sold 4,000 shares of SSB for 79.19 per share on Aug 04. After the transaction, the Chief Banking Officer now owns 23,676 company shares. In a previous transaction on Jun 02, POLLOK JOHN C sold 7,744 shares at 67.24 per share. SSB shares that Director owns now total 729.
Among the insiders who bought shares, PAGE G RUFFNER JR acquired of 14,000 shares on Mar 10 at a per-share price of $71.75. This resulted in the Director holding 72,963 shares of SSB after the transaction. In another insider transaction, HILL ROBERT R JR sold 24,900 shares at $83.74 per share on Mar 06. Company shares held by the Executive Chairman now total 9,993.
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. SouthState Corporation pays an annual dividend of $2.08, resulting in a dividend yield of 2.78%, and it has a price to earnings (P/E) ratio of 10.58. SSB’s most recent ex-dividend date was 8/10/2023 when it declared a $0.52 quarterly dividend that was paid in cash on 8/18/2023. Previously, the company paid the dividend on 5/19/2023 with an ex-dividend date of 5/11/2023. The SSB stock dividend was $0.50 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for SSB in the last 3 months, the mean price target is $86.13 with high estimates of $95.00 and low estimates of $79.00. In terms of 52-week highs and lows, SSB has a high of $91.74 and a low of $59.51.
As of this writing, SSB has an earnings estimate of $1.7 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $1.79 per share and a lower estimate of $1.65. The company reported an EPS of $1.93 in the last quarter, which was -1.50% lower than expectations of $1.96.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. Its Book Value Per Share was $69.55, while its Total Shareholder’s Equity was $4.80B.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SSB is Buy with a score of 4.14.