South State Corp Stock Today
| SSB Stock | USD 79.84 0.59 0.74% |
Performance0 of 100
| Odds Of DistressLess than 3
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South State is trading at 79.84 as of the 25th of April 2024, a 0.74 percent up since the beginning of the trading day. The stock's open price was 79.25. South State has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for South State Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of May 2022 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Banks | IPO Date 28th of January 1997 | Category Financial Services | Classification Financials |
SouthState Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies. SouthState Corporation was founded in 1933 and is headquartered in Winter Haven, Florida. The company has 76.25 M outstanding shares of which 4.56 M shares are at this time shorted by investors with about 6.94 days to cover. More on South State Corp
Moving together with South Stock
| 0.71 | PB | Prosperity Bancshares Normal Trading | PairCorr |
Moving against South Stock
| 0.43 | TECTP | Tectonic Financial | PairCorr |
| 0.41 | DB | Deutsche Bank AG Earnings Call Today | PairCorr |
South Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. South State's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding South State or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Robert Hill | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | HALLMARK FINL SVCS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, VN Index, SP Midcap 400, NASDAQ Composite Total, VN All Shares, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering South State report their recommendations after researching South State's financial statements, talking to executives and customers, or listening in on South State's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering South State Corp. The South consensus assessment is calculated by taking the average forecast from all of the analysts covering South State. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from South State's historical financial statements, South State Corp is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of South State Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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South State's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to South State's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand South State's financial leverage. It provides some insight into what part of South State's total assets is financed by creditors.
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South State Corp (SSB) is traded on NASDAQ Exchange in USA. It is located in 1101 First Street South, Winter Haven, FL, United States, 33880 and employs 5,070 people. South State is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 6.11 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate South State's market, we take the total number of its shares issued and multiply it by South State's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. South State Corp runs under Banks sector within Financials industry. The entity has 76.25 M outstanding shares of which 4.56 M shares are at this time shorted by investors with about 6.94 days to cover.
South State Corp has about 2.86 B in cash with 546.76 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 37.85.
Check South State Probability Of Bankruptcy
Ownership AllocationSouth State maintains a total of 76.25 Million outstanding shares. The majority of South State Corp outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in South State to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in South State Corp. Please pay attention to any change in the institutional holdings of South State Corp as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check South Ownership Details
South Stock Price Odds Analysis
What are South State's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of South State jumping above the current price in 90 days from now is about 77.37%. The South State Corp probability density function shows the probability of South State stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon South State has a beta of 0.1751. This usually implies as returns on the market go up, South State average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding South State Corp will be expected to be much smaller as well. Additionally, south State Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of South State to move above the current price in 90 days from now is about 77.37 (This South State Corp probability density function shows the probability of South Stock to fall within a particular range of prices over 90 days) .
South Stock Institutional Holders
Institutional Holdings refers to the ownership stake in South State that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of South State's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing South State's value.| Instituion | Recorded On | Shares | |
| Goldman Sachs Group Inc | 2023-12-31 | 1.4 M | |
| Wellington Management Company Llp | 2023-12-31 | 1.4 M | |
| Allspring Global Investments Holdings, Llc | 2023-12-31 | 1.1 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 1.1 M | |
| Northern Trust Corp | 2023-12-31 | 1.1 M | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 1 M | |
| Macquarie Group Ltd | 2023-12-31 | 960 K | |
| Norges Bank | 2023-12-31 | 893.8 K | |
| Channing Capital Management, Llc | 2023-12-31 | 847.2 K | |
| Blackrock Inc | 2023-12-31 | 9.5 M | |
| Vanguard Group Inc | 2023-12-31 | 8.4 M |
South State Historical Income Statement
South State Corp Income Statement is one of the three primary financial statements used for reporting South's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of South State Corp revenue and expense. South State Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, South State's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 516.4 M, whereas Other Operating Expenses is forecasted to decline to about 26.6 M. View More FundamentalsSouth Stock Against Markets
Picking the right benchmark for South State stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in South State stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for South State is critical whether you are bullish or bearish towards South State Corp at a given time. Please also check how South State's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in South State without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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South State Corporate Directors
South State corporate directors refer to members of a South State board of directors. The board of directors generally takes responsibility for the South State's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of South State's board members must vote for the resolution. The South State board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Martin Davis | Director | Profile | |
| Thomas Suggs | Independent Director | Profile | |
| James Roquemore | Independent Director | Profile | |
| Cynthia Hartley | Independent Director | Profile |
How to buy South Stock?
Before investing in South State, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in South State. To buy South State stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of South State. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase South State stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located South State Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased South State Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as South State Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy South Stock please use our How to Invest in South State guide.
Already Invested in South State Corp?
The danger of trading South State Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of South State is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than South State. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile South State Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether South State Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of South State's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of South State Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on South State Corp Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in South State Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for South Stock analysis
When running South State's price analysis, check to measure South State's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy South State is operating at the current time. Most of South State's value examination focuses on studying past and present price action to predict the probability of South State's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move South State's price. Additionally, you may evaluate how the addition of South State to your portfolios can decrease your overall portfolio volatility.
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Is South State's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of South State. If investors know South will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about South State listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.26) | Dividend Share 2.04 | Earnings Share 6.46 | Revenue Per Share 21.373 | Quarterly Revenue Growth 0.003 |
The market value of South State Corp is measured differently than its book value, which is the value of South that is recorded on the company's balance sheet. Investors also form their own opinion of South State's value that differs from its market value or its book value, called intrinsic value, which is South State's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because South State's market value can be influenced by many factors that don't directly affect South State's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between South State's value and its price as these two are different measures arrived at by different means. Investors typically determine if South State is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, South State's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.