Simmons First National Co. (NASDAQ:SFNC - Free Report) - Research analysts at DA Davidson issued their Q4 2024 earnings per share (EPS) estimates for shares of Simmons First National in a note issued to investors on Tuesday, October 22nd. DA Davidson analyst G. Tenner anticipates that the bank will post earnings of $0.36 per share for the quarter. The consensus estimate for Simmons First National's current full-year earnings is $1.32 per share.
Other equities analysts have also issued reports about the stock. Stephens upgraded shares of Simmons First National from an "equal weight" rating to an "overweight" rating and upped their price target for the stock from $27.00 to $28.00 in a research report on Monday. Piper Sandler increased their price target on Simmons First National from $18.00 to $20.00 and gave the stock an "underweight" rating in a research note on Friday, July 26th. StockNews.com raised Simmons First National from a "sell" rating to a "hold" rating in a report on Monday. Finally, Keefe, Bruyette & Woods upped their price objective on Simmons First National from $20.00 to $22.00 and gave the stock a "market perform" rating in a research note on Thursday, July 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $23.00.
Check Out Our Latest Stock Report on Simmons First National
Shares of NASDAQ:SFNC opened at $23.11 on Wednesday. The stock has a 50 day moving average of $21.29 and a 200 day moving average of $19.32. The company has a market cap of $2.90 billion, a PE ratio of 22.66 and a beta of 0.87. Simmons First National has a 12-month low of $13.36 and a 12-month high of $23.74. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.50.
Simmons First National (NASDAQ:SFNC - Get Free Report) last released its earnings results on Friday, October 18th. The bank reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.04. Simmons First National had a return on equity of 5.33% and a net margin of 10.49%. The company had revenue of $203.20 million for the quarter, compared to the consensus estimate of $204.91 million. During the same period in the previous year, the business earned $0.39 earnings per share. Simmons First National's quarterly revenue was up 3.6% compared to the same quarter last year.
In other Simmons First National news, CEO Robert A. Fehlman sold 8,680 shares of the business's stock in a transaction on Friday, July 26th. The shares were sold at an average price of $21.93, for a total value of $190,352.40. Following the sale, the chief executive officer now owns 156,357 shares in the company, valued at $3,428,909.01. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Robert A. Fehlman sold 8,680 shares of Simmons First National stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $21.93, for a total value of $190,352.40. Following the sale, the chief executive officer now directly owns 156,357 shares of the company's stock, valued at approximately $3,428,909.01. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO David W. Garner sold 3,600 shares of the stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $21.21, for a total value of $76,356.00. Following the transaction, the chief accounting officer now directly owns 64,966 shares of the company's stock, valued at approximately $1,377,928.86. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 33,700 shares of company stock valued at $728,952. Corporate insiders own 1.91% of the company's stock.
Large investors have recently bought and sold shares of the business. Versant Capital Management Inc grew its stake in shares of Simmons First National by 161.0% in the 2nd quarter. Versant Capital Management Inc now owns 1,843 shares of the bank's stock worth $32,000 after buying an additional 1,137 shares in the last quarter. Farmers & Merchants Investments Inc. grew its position in Simmons First National by 2,045.5% in the second quarter. Farmers & Merchants Investments Inc. now owns 1,888 shares of the bank's stock worth $33,000 after acquiring an additional 1,800 shares in the last quarter. Profund Advisors LLC purchased a new position in Simmons First National in the second quarter worth about $183,000. Alexander Labrunerie & CO. Inc. bought a new stake in Simmons First National during the third quarter worth approximately $209,000. Finally, Algert Global LLC purchased a new stake in Simmons First National during the second quarter valued at approximately $222,000. Institutional investors own 27.58% of the company's stock.
Simmons First National Corporation operates as the holding company for Simmons Bank that provides banking and other financial products and services to individuals and businesses. The company offers checking, savings, and time deposits; consumer, real estate, and commercial loans; agricultural finance, equipment, and small business administration lending; trust and fiduciary services; credit cards; investment management products; treasury management; insurance products; and securities and investment services.
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