South Plains Financial (SPFI) Stock Forecast, Price Target & Predictions
SPFI Stock Forecast
South Plains Financial stock forecast is as follows: an average price target of $36.00 (represents a 9.12% upside from SPFI’s last price of $32.99) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
SPFI Price Target
The average price target for South Plains Financial (SPFI) is $36.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $36.00 to $36.00. This represents a potential 9.12% upside from SPFI's last price of $32.99.
SPFI Analyst Ratings
According to 2 Wall Street analysts, South Plains Financial's rating consensus is 'Buy'. The analyst rating breakdown for SPFI stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 0 'Hold' (0.00%), 1 'Sell' (50.00%), and 0 'Strong Sell' (0.00%).
South Plains Financial Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 23, 2024 | Graham Dick | Piper Sandler | $36.00 | $32.21 | 11.77% | 9.12% |
The latest South Plains Financial stock forecast, released on Jul 23, 2024 by Graham Dick from Piper Sandler, set a price target of $36.00, which represents a 11.77% increase from the stock price at the time of the forecast ($32.21), and a 9.12% increase from SPFI last price ($32.99).
South Plains Financial Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $36.00 | $36.00 |
| Last Closing Price | $32.99 | $32.99 | $32.99 |
| Upside/Downside | -100.00% | 9.12% | 9.12% |
In the current month, the average price target of South Plains Financial stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to South Plains Financial's last price of $32.99. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 15, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jul 23, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Apr 26, 2022 | Zacks Investment Research | - | Sell | Downgrade |
South Plains Financial's last stock rating was published by Piper Sandler on Aug 15, 2024. The company gave SPFI a "Overweight" rating, the same as its previous rate.
South Plains Financial Financial Forecast
South Plains Financial Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $66.38M | $47.68M | $48.20M | $45.01M | $49.00M | $56.04M | - | $1.32M | $53.02M | $55.63M | $50.59M | $54.99M | $55.45M | $61.84M | $54.33M | $48.02M | $44.41M | $39.82M | $37.73M | $35.90M |
| Avg Forecast | $51.25M | $51.25M | $50.25M | $48.20M | $49.10M | $49.03M | $46.53M | $45.47M | $47.01M | $48.51M | $46.36M | $47.34M | $51.39M | $52.64M | $48.76M | $50.05M | $53.95M | $53.55M | $52.35M | $52.85M | $56.15M | $53.75M | $47.50M | $44.20M | $44.20M | $39.50M | $39.15M | $36.71M |
| High Forecast | $52.05M | $52.05M | $51.04M | $48.96M | $49.87M | $49.34M | $47.26M | $46.19M | $47.35M | $49.00M | $47.09M | $48.09M | $52.19M | $53.46M | $48.76M | $50.96M | $54.93M | $54.52M | $53.30M | $53.81M | $57.17M | $54.73M | $48.36M | $45.00M | $45.00M | $40.22M | $39.86M | $37.38M |
| Low Forecast | $50.38M | $50.38M | $49.40M | $47.38M | $48.27M | $48.73M | $45.74M | $44.70M | $46.66M | $48.25M | $45.58M | $46.54M | $50.52M | $51.74M | $48.76M | $49.36M | $53.20M | $52.81M | $51.62M | $52.12M | $55.37M | $53.00M | $46.84M | $43.59M | $43.59M | $38.95M | $38.61M | $36.20M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | 1.41% | 0.98% | 1.04% | 0.95% | 0.95% | 1.06% | - | 0.03% | 0.98% | 1.04% | 0.97% | 1.04% | 0.99% | 1.15% | 1.14% | 1.09% | 1.00% | 1.01% | 0.96% | 0.98% |
South Plains Financial's average Quarter revenue forecast for Mar 24 based on 1 analysts is $45.47M, with a low forecast of $44.70M, and a high forecast of $46.19M. SPFI's average Quarter revenue forecast represents a -31.50% decrease compared to the company's last Quarter revenue of $66.38M (Dec 23).
South Plains Financial EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | $13.11M | $17.18M | $37.49M | $24.77M | $27.64M | $25.43M | - | $22.64M | $23.00M | $23.78M | $22.10M | $23.95M | $25.15M | $25.79M | $12.21M | $15.97M | $20.39M | $18.59M | $16.63M | $14.69M |
| Avg Forecast | $18.06M | $18.06M | $17.70M | $16.98M | $17.30M | $17.28M | $16.39M | $35.63M | $16.56M | $17.09M | $16.34M | $28.16M | $18.11M | $23.58M | $17.18M | $22.26M | $17.56M | $21.44M | $19.19M | $20.36M | $22.05M | $14.25M | $10.47M | $16.35M | $15.55M | $13.42M | $16.64M | $12.93M |
| High Forecast | $18.34M | $18.34M | $17.98M | $17.25M | $17.57M | $17.38M | $16.65M | $42.75M | $16.68M | $17.27M | $16.59M | $33.80M | $18.39M | $28.30M | $17.18M | $26.72M | $21.08M | $25.73M | $23.03M | $24.43M | $26.46M | $17.11M | $12.57M | $19.62M | $18.66M | $16.11M | $19.97M | $13.17M |
| Low Forecast | $17.75M | $17.75M | $17.41M | $16.70M | $17.01M | $17.17M | $16.12M | $28.50M | $16.44M | $17.00M | $16.06M | $22.53M | $17.80M | $18.87M | $17.18M | $17.81M | $14.05M | $17.15M | $15.35M | $16.29M | $17.64M | $11.40M | $8.38M | $13.08M | $12.44M | $10.74M | $13.31M | $12.76M |
| Surprise % | - | - | - | - | - | - | - | - | 0.79% | 1.00% | 2.30% | 0.88% | 1.53% | 1.08% | - | 1.02% | 1.31% | 1.11% | 1.15% | 1.18% | 1.14% | 1.81% | 1.17% | 0.98% | 1.31% | 1.39% | 1.00% | 1.14% |
1 analysts predict SPFI's average Quarter EBITDA for Mar 24 to be $35.63M, with a high of $42.75M and a low of $28.50M. This is 171.74% upper than South Plains Financial's previous annual EBITDA (Dec 23) of $13.11M.
South Plains Financial Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | $10.32M | $13.49M | $29.68M | $9.24M | $12.62M | $15.46M | - | $14.28M | $14.61M | $15.19M | $13.65M | $15.16M | $15.92M | $16.73M | $5.62M | $7.08M | $10.11M | $8.26M | $6.08M | $4.77M |
| Avg Forecast | $11.88M | $11.74M | $11.25M | $10.32M | $10.72M | $10.99M | $9.90M | $27.85M | $10.79M | $10.75M | $10.12M | $22.01M | $10.41M | $14.39M | $8.38M | $17.40M | $12.00M | $13.08M | $11.27M | $12.30M | $13.38M | $8.93M | $4.54M | $7.08M | $7.58M | $5.90M | $6.08M | $5.53M |
| High Forecast | $12.12M | $11.98M | $11.48M | $10.53M | $10.94M | $11.52M | $10.10M | $33.42M | $10.96M | $11.26M | $10.32M | $26.42M | $10.63M | $17.27M | $8.38M | $20.88M | $14.40M | $15.70M | $13.52M | $14.76M | $16.05M | $10.71M | $5.44M | $8.50M | $9.10M | $7.08M | $7.30M | $5.66M |
| Low Forecast | $11.62M | $11.48M | $11.01M | $10.09M | $10.48M | $10.46M | $9.68M | $22.28M | $10.63M | $10.08M | $9.89M | $17.61M | $10.18M | $11.51M | $8.38M | $13.92M | $9.60M | $10.46M | $9.01M | $9.84M | $10.70M | $7.14M | $3.63M | $5.67M | $6.07M | $4.72M | $4.86M | $5.43M |
| Surprise % | - | - | - | - | - | - | - | - | 0.96% | 1.26% | 2.93% | 0.42% | 1.21% | 1.07% | - | 0.82% | 1.22% | 1.16% | 1.21% | 1.23% | 1.19% | 1.87% | 1.24% | 1.00% | 1.33% | 1.40% | 1.00% | 0.86% |
South Plains Financial's average Quarter net income forecast for Mar 24 is $27.85M, with a range of $22.28M to $33.42M. SPFI's average Quarter net income forecast represents a 169.75% increase compared to the company's last Quarter net income of $10.32M (Dec 23).
South Plains Financial SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | $24.22M | $19.56M | $24.22M | $20.19M | $19.93M | $23.84M | - | $23.42M | $23.59M | $25.96M | $25.10M | $25.94M | $24.82M | $25.13M | $23.51M | $22.43M | $20.82M | $19.62M | $20.27M | $20.54M |
| Avg Forecast | $18.23M | $18.23M | $17.88M | $17.15M | $17.47M | $17.45M | $16.55M | $669.56K | $16.72M | $17.26M | $16.49M | $529.29K | $18.28M | $24.59M | $17.35M | $418.42K | $18.57M | $22.36M | $20.71M | $21.05M | $20.85M | $13.41M | $18.99M | $22.43M | $15.61M | $14.01M | $20.27M | $13.06M |
| High Forecast | $18.52M | $18.52M | $18.16M | $17.42M | $17.74M | $17.55M | $16.81M | $803.47K | $16.85M | $17.43M | $16.75M | $635.15K | $18.57M | $29.51M | $17.35M | $502.10K | $22.28M | $26.83M | $24.86M | $25.26M | $25.02M | $16.09M | $22.78M | $26.91M | $18.73M | $16.82M | $24.32M | $13.30M |
| Low Forecast | $17.92M | $17.92M | $17.58M | $16.86M | $17.17M | $17.34M | $16.27M | $535.64K | $16.60M | $17.17M | $16.22M | $423.44K | $17.97M | $19.67M | $17.35M | $334.73K | $14.85M | $17.88M | $16.57M | $16.84M | $16.68M | $10.73M | $15.19M | $17.94M | $12.49M | $11.21M | $16.22M | $12.88M |
| Surprise % | - | - | - | - | - | - | - | - | 1.45% | 1.13% | 1.47% | 38.15% | 1.09% | 0.97% | - | 55.98% | 1.27% | 1.16% | 1.21% | 1.23% | 1.19% | 1.87% | 1.24% | 1.00% | 1.33% | 1.40% | 1.00% | 1.57% |
South Plains Financial's average Quarter SG&A projection for Mar 24 is $669.56K, based on 1 Wall Street analysts, with a range of $535.64K to $803.47K. The forecast indicates a -97.24% fall compared to SPFI last annual SG&A of $24.22M (Dec 23).
South Plains Financial EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | $0.61 | $0.80 | $1.74 | $0.54 | $0.74 | $0.89 | - | $0.81 | $0.82 | $0.85 | $0.76 | $0.84 | $0.88 | $0.93 | $0.31 | $0.39 | $0.56 | $0.46 | $0.37 | $0.27 |
| Avg Forecast | $0.70 | $0.69 | $0.66 | $0.61 | $0.63 | $0.65 | $0.58 | $0.57 | $0.64 | $0.64 | $0.60 | $0.57 | $0.61 | $0.70 | $0.49 | $0.53 | $0.67 | $0.72 | $0.66 | $0.69 | $0.74 | $0.48 | $0.26 | $0.38 | $0.47 | $0.35 | $0.36 | $0.33 |
| High Forecast | $0.72 | $0.71 | $0.68 | $0.62 | $0.65 | $0.68 | $0.60 | $0.59 | $0.65 | $0.66 | $0.61 | $0.58 | $0.63 | $0.71 | $0.49 | $0.54 | $0.69 | $0.74 | $0.67 | $0.70 | $0.76 | $0.50 | $0.26 | $0.38 | $0.49 | $0.36 | $0.37 | $0.33 |
| Low Forecast | $0.69 | $0.68 | $0.65 | $0.60 | $0.62 | $0.62 | $0.57 | $0.56 | $0.63 | $0.60 | $0.58 | $0.55 | $0.60 | $0.68 | $0.49 | $0.52 | $0.66 | $0.71 | $0.64 | $0.67 | $0.73 | $0.48 | $0.25 | $0.37 | $0.47 | $0.34 | $0.36 | $0.32 |
| Surprise % | - | - | - | - | - | - | - | - | 0.96% | 1.26% | 2.91% | 0.95% | 1.20% | 1.27% | - | 1.53% | 1.22% | 1.17% | 1.16% | 1.23% | 1.18% | 1.92% | 1.22% | 1.04% | 1.18% | 1.31% | 1.01% | 0.84% |
According to 1 Wall Street analysts, South Plains Financial's projected average Quarter EPS for Mar 24 is $0.57, with a low estimate of $0.56 and a high estimate of $0.59. This represents a -5.74% decrease compared to SPFI previous annual EPS of $0.61 (Dec 23).
South Plains Financial Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SPFI | South Plains Financial | $32.99 | $36.00 | 9.12% | Buy |
| FNWB | First Northwest Bancorp | $10.82 | $11.50 | 6.28% | Hold |
SPFI Forecast FAQ
Is South Plains Financial a good buy?
Yes, according to 2 Wall Street analysts, South Plains Financial (SPFI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of SPFI's total ratings.
What is SPFI's price target?
South Plains Financial (SPFI) average price target is $36 with a range of $36 to $36, implying a 9.12% from its last price of $32.99. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will South Plains Financial stock go up soon?
According to Wall Street analysts' prediction for SPFI stock, the company can go up by 9.12% (from the last price of $32.99 to the average price target of $36), up by 9.12% based on the highest stock price target, and up by 9.12% based on the lowest stock price target.
Can South Plains Financial stock reach $50?
SPFI's average twelve months analyst stock price target of $36 does not support the claim that South Plains Financial can reach $50 in the near future.
What are South Plains Financial's analysts' financial forecasts?
South Plains Financial's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $190.13M (high $192.65M, low $187.44M), average EBITDA is $86.6M (high $94.36M, low $78.79M), average net income is $59.46M (high $65.98M, low $52.9M), average SG&A $52.14M (high $52.91M, low $51.32M), and average EPS is $2.44 (high $2.51, low $2.37). SPFI's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $200.95M (high $204.11M, low $197.55M), average EBITDA is $70.8M (high $71.91M, low $69.6M), average net income is $45.2M (high $46.12M, low $44.2M), average SG&A $71.49M (high $72.62M, low $70.28M), and average EPS is $2.67 (high $2.72, low $2.61).
Did the SPFI's actual financial results beat the analysts' financial forecasts?
Based on South Plains Financial's last annual report (Dec 2023), the company's revenue was $212.03M, beating the average analysts forecast of $189.22M by 12.05%. Apple's EBITDA was $79.42M, beating the average prediction of $78.15M by 1.62%. The company's net income was $62.74M, beating the average estimation of $53.68M by 16.89%. Apple's SG&A was $3.45M, missing the average forecast of $51.01M by -93.23%. Lastly, the company's EPS was $3.69, beating the average prediction of $2.44 by 51.44%. In terms of the last quarterly report (Dec 2023), South Plains Financial's revenue was $66.38M, beating the average analysts' forecast of $47.01M by 41.22%. The company's EBITDA was $13.11M, missing the average prediction of $16.56M by -20.84%. South Plains Financial's net income was $10.32M, missing the average estimation of $10.79M by -4.36%. The company's SG&A was $24.22M, beating the average forecast of $16.72M by 44.84%. Lastly, the company's EPS was $0.61, missing the average prediction of $0.637 by -4.31%