SouthState (SSB) Stock Forecast, Price Target & Predictions
SSB Stock Forecast
SouthState stock forecast is as follows: an average price target of $102.00 (represents a 2.93% upside from SSB’s last price of $99.10) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
SSB Price Target
SSB Analyst Ratings
SouthState Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Jul 29, 2024 | Brandon King | Truist Financial | $109.00 | $100.18 | 8.80% | 9.99% |
Jul 29, 2024 | Russell Gunther | Stephens | $101.00 | $100.18 | 0.82% | 1.92% |
Jul 26, 2024 | Gary Tenner | D.A. Davidson | $112.00 | $98.88 | 13.27% | 13.02% |
May 29, 2024 | Stephen Scouten | Piper Sandler | $98.00 | $75.57 | 29.68% | -1.11% |
May 21, 2024 | Michael Rose | Raymond James | $90.00 | $79.87 | 12.68% | -9.18% |
Apr 29, 2024 | Stephen Scouten | Piper Sandler | $95.00 | $77.70 | 22.27% | -4.14% |
Sep 28, 2022 | Stephen Scouten | Piper Sandler | $96.00 | $77.63 | 23.66% | -3.13% |
Jun 15, 2022 | Jennifer Demba | Truist Financial | $90.00 | $75.60 | 19.05% | -9.18% |
SouthState Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 3 | 6 |
Avg Price Target | - | $107.33 | $100.83 |
Last Closing Price | $99.10 | $99.10 | $99.10 |
Upside/Downside | -100.00% | 8.30% | 1.75% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Jul 29, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
Jul 29, 2024 | Stephens | Equal-Weight | Equal-Weight | Hold |
Jul 25, 2024 | Truist Financial | Equal-Weight | Equal-Weight | Hold |
May 29, 2024 | Piper Sandler | Overweight | Overweight | Hold |
May 28, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
May 21, 2024 | Raymond James | - | Outperform | Upgrade |
Apr 29, 2024 | Piper Sandler | Overweight | Overweight | Hold |
Sep 28, 2022 | Truist Financial | - | Buy | Upgrade |
Sep 28, 2022 | Atlantic Equities | - | Overweight | Upgrade |
Sep 28, 2022 | Piper Sandler | - | Overweight | Upgrade |
SouthState Financial Forecast
SouthState Revenue Forecast
Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jul 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 | Dec 18 | Sep 18 | Jun 18 | Mar 18 | Dec 17 | Sep 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | $428.22M | - | $452.62M | $459.40M | $435.39M | - | $347.56M | $350.00M | $347.00M | $332.15M | $358.28M | $356.09M | $385.14M | $216.90M | $172.15M | $158.34M | $164.96M | $164.80M | $155.32M | $159.60M | $159.94M | $166.78M | $168.84M | $145.89M | $133.61M |
Avg Forecast | $439.82M | $432.95M | $418.08M | $414.32M | $419.08M | $428.19M | $419.18M | $316.43M | $375.95M | $379.51M | $381.07M | $250.14M | $341.77M | $345.01M | $346.43M | $360.75M | $358.54M | $231.75M | $24.35M | $258.22M | $157.26M | $158.31M | $155.38M | $155.32M | $157.23M | $168.74M | $175.28M | $168.38M | $138.78M | $132.90M |
High Forecast | $448.30M | $441.00M | $426.14M | $422.31M | $428.00M | $432.00M | $503.02M | $379.71M | $451.14M | $455.41M | $457.29M | $300.17M | $410.12M | $414.01M | $415.72M | $432.90M | $430.25M | $278.10M | $29.21M | $309.86M | $188.72M | $189.98M | $186.46M | $186.39M | $188.68M | $202.48M | $210.34M | $202.06M | $166.53M | $159.48M |
Low Forecast | $432.60M | $429.80M | $411.22M | $407.52M | $414.90M | $424.00M | $335.34M | $253.14M | $300.76M | $303.61M | $304.86M | $200.11M | $273.42M | $276.01M | $277.14M | $288.60M | $286.84M | $185.40M | $19.48M | $206.57M | $125.81M | $126.65M | $124.30M | $124.26M | $125.79M | $134.99M | $140.22M | $134.70M | $111.02M | $106.32M |
# Analysts | 7 | 4 | 2 | 2 | 4 | 7 | 13 | 16 | 20 | 13 | 16 | 14 | 8 | 18 | 16 | 10 | 8 | 10 | 7 | 12 | 9 | 15 | 11 | 19 | 9 | 11 | 12 | 15 | 20 | 13 |
Surprise % | - | - | - | - | - | 1.00% | - | 1.43% | 1.22% | 1.15% | - | 1.39% | 1.02% | 1.01% | 0.96% | 0.99% | 0.99% | 1.66% | 8.91% | 0.67% | 1.01% | 1.04% | 1.06% | 1.00% | 1.02% | 0.95% | 0.95% | 1.00% | 1.05% | 1.01% |
SouthState EBITDA Forecast
Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jul 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 | Dec 18 | Sep 18 | Jun 18 | Mar 18 | Dec 17 | Sep 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 7 | 4 | 2 | 2 | 4 | 7 | 13 | 16 | 20 | 13 | 16 | 14 | 8 | 18 | 16 | 10 | 8 | 10 | 7 | 12 | 9 | 15 | 11 | 19 | 9 | 11 | 12 | 15 | 20 | 13 |
EBITDA | - | - | - | - | - | $163.92M | - | $255.47M | $218.67M | $203.49M | - | $152.58M | $160.43M | $180.79M | $157.88M | $219.94M | $102.56M | $156.62M | $-81.28M | $56.01M | $87.72M | $95.33M | $82.80M | $84.25M | $87.94M | $81.02M | $73.36M | $71.63M | $56.19M | $63.78M |
Avg Forecast | $158.22M | $155.75M | $150.40M | $166.87M | $150.76M | $154.04M | $162.91M | $131.92M | $168.34M | $138.81M | $148.10M | $104.28M | $153.04M | $126.19M | $134.64M | $121.80M | $103.26M | $113.68M | $-396.22M | $74.67M | $84.65M | $91.33M | $77.78M | $84.25M | $85.26M | $85.07M | $76.78M | $71.11M | $52.01M | $63.25M |
High Forecast | $161.27M | $158.64M | $153.30M | $200.25M | $153.97M | $155.41M | $195.49M | $158.30M | $202.01M | $166.57M | $177.72M | $125.14M | $183.65M | $151.43M | $161.56M | $146.16M | $123.91M | $136.41M | $-316.98M | $89.61M | $101.58M | $109.60M | $93.34M | $101.10M | $102.31M | $102.08M | $92.14M | $85.33M | $62.41M | $75.90M |
Low Forecast | $155.62M | $154.61M | $147.93M | $133.50M | $149.25M | $152.53M | $130.33M | $105.53M | $134.68M | $111.05M | $118.48M | $83.43M | $122.43M | $100.95M | $107.71M | $97.44M | $82.61M | $90.94M | $-475.46M | $59.74M | $67.72M | $73.07M | $62.22M | $67.40M | $68.21M | $68.05M | $61.43M | $56.88M | $41.61M | $50.60M |
Surprise % | - | - | - | - | - | 1.06% | - | 1.94% | 1.30% | 1.47% | - | 1.46% | 1.05% | 1.43% | 1.17% | 1.81% | 0.99% | 1.38% | 0.21% | 0.75% | 1.04% | 1.04% | 1.06% | 1.00% | 1.03% | 0.95% | 0.96% | 1.01% | 1.08% | 1.01% |
SouthState Net Income Forecast
Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jul 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 | Dec 18 | Sep 18 | Jun 18 | Mar 18 | Dec 17 | Sep 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 7 | 4 | 2 | 2 | 4 | 7 | 13 | 16 | 20 | 13 | 16 | 14 | 8 | 18 | 16 | 10 | 8 | 10 | 7 | 12 | 9 | 15 | 11 | 19 | 9 | 11 | 12 | 15 | 20 | 13 |
Net Income | - | - | - | - | - | $124.14M | - | $139.93M | $143.50M | $133.04M | - | $100.33M | $106.85M | $122.79M | $98.96M | $146.95M | $86.24M | $95.22M | $-84.94M | $24.11M | $49.09M | $51.56M | $41.46M | $44.37M | $49.00M | $47.08M | $40.46M | $42.33M | $2.42M | $35.05M |
Avg Forecast | - | $129.47M | $117.98M | $115.55M | $117.98M | $125.25M | $102.11M | $91.34M | $112.12M | $94.27M | $92.83M | $72.21M | $101.93M | $85.70M | $84.39M | $81.38M | $86.83M | $69.11M | $-414.06M | $32.15M | $47.37M | $49.40M | $38.95M | $44.37M | $47.51M | $49.44M | $42.35M | $42.02M | $2.24M | $34.76M |
High Forecast | - | $134.83M | $120.93M | $138.66M | $122.57M | $130.63M | $122.53M | $109.61M | $134.54M | $113.13M | $111.39M | $86.65M | $122.31M | $102.85M | $101.27M | $97.66M | $104.20M | $82.93M | $-331.25M | $38.58M | $56.85M | $59.28M | $46.74M | $53.24M | $57.01M | $59.32M | $50.82M | $50.42M | $2.69M | $41.71M |
Low Forecast | - | $124.87M | $115.46M | $92.44M | $112.61M | $118.34M | $81.69M | $73.07M | $89.69M | $75.42M | $74.26M | $57.77M | $81.54M | $68.56M | $67.51M | $65.10M | $69.46M | $55.29M | $-496.87M | $25.72M | $37.90M | $39.52M | $31.16M | $35.49M | $38.01M | $39.55M | $33.88M | $33.62M | $1.79M | $27.81M |
Surprise % | - | - | - | - | - | 0.99% | - | 1.53% | 1.28% | 1.41% | - | 1.39% | 1.05% | 1.43% | 1.17% | 1.81% | 0.99% | 1.38% | 0.21% | 0.75% | 1.04% | 1.04% | 1.06% | 1.00% | 1.03% | 0.95% | 0.96% | 1.01% | 1.08% | 1.01% |
SouthState SG&A Forecast
Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jul 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 | Dec 18 | Sep 18 | Jun 18 | Mar 18 | Dec 17 | Sep 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 7 | 4 | 2 | 2 | 4 | 7 | 13 | 16 | 20 | 13 | 16 | 14 | 8 | 18 | 16 | 10 | 8 | 10 | 7 | 12 | 9 | 15 | 11 | 19 | 9 | 11 | 12 | 15 | 20 | 13 |
SG&A | - | - | - | - | - | $187.83M | - | $152.47M | $155.55M | $176.45M | - | $169.91M | $169.91M | $163.77M | $169.85M | $170.70M | $175.32M | $163.18M | $98.42M | $74.66M | $83.99M | $71.13M | $80.65M | $71.29M | $83.38M | $70.87M | $69.78M | $75.59M | $72.10M | $56.51M |
Avg Forecast | $200.21M | $197.08M | $190.31M | $195.68M | $190.76M | $194.91M | $175.26M | $154.69M | $178.29M | $125.74M | $159.33M | $122.28M | $162.08M | $114.31M | $144.84M | $94.53M | $176.53M | $118.44M | $11.08M | $99.55M | $81.05M | $68.14M | $75.76M | $71.29M | $80.83M | $74.42M | $73.03M | $75.05M | $66.74M | $56.04M |
High Forecast | $204.07M | $200.74M | $193.98M | $234.81M | $194.82M | $196.65M | $210.31M | $185.62M | $213.95M | $150.89M | $191.19M | $146.74M | $194.50M | $137.17M | $173.81M | $113.44M | $211.83M | $142.12M | $13.30M | $119.46M | $97.26M | $81.77M | $90.92M | $85.54M | $97.00M | $89.30M | $87.64M | $90.06M | $80.08M | $67.25M |
Low Forecast | $196.92M | $195.64M | $187.19M | $156.54M | $188.86M | $193.00M | $140.21M | $123.75M | $142.63M | $100.59M | $127.46M | $97.82M | $129.67M | $91.45M | $115.87M | $75.63M | $141.22M | $94.75M | $8.87M | $79.64M | $64.84M | $54.51M | $60.61M | $57.03M | $64.67M | $59.53M | $58.42M | $60.04M | $53.39M | $44.83M |
Surprise % | - | - | - | - | - | 0.96% | - | 0.99% | 0.87% | 1.40% | - | 1.39% | 1.05% | 1.43% | 1.17% | 1.81% | 0.99% | 1.38% | 8.88% | 0.75% | 1.04% | 1.04% | 1.06% | 1.00% | 1.03% | 0.95% | 0.96% | 1.01% | 1.08% | 1.01% |
SouthState EPS Forecast
Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jul 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 | Dec 18 | Sep 18 | Jun 18 | Mar 18 | Dec 17 | Sep 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 7 | 4 | 2 | 2 | 4 | 7 | 13 | 16 | 20 | 13 | 16 | 14 | 8 | 18 | 16 | 10 | 8 | 10 | 7 | 12 | 9 | 15 | 11 | 19 | 9 | 11 | 12 | 15 | 20 | 13 |
EPS | - | - | - | - | - | $1.63 | - | $1.84 | $1.90 | $1.76 | - | $1.40 | $1.53 | $1.75 | $1.40 | $2.07 | $1.22 | $1.34 | $-1.96 | $0.72 | $1.46 | $1.51 | $1.18 | $1.25 | $1.36 | $1.28 | $1.10 | $1.15 | $0.08 | $1.20 |
Avg Forecast | - | $1.69 | $1.54 | $1.54 | $1.54 | $1.64 | $1.19 | $1.43 | $1.95 | $1.27 | $1.15 | $1.43 | $1.89 | $1.25 | $1.01 | $0.80 | $1.46 | $0.90 | $0.59 | $1.64 | $1.38 | $1.37 | $1.24 | $1.26 | $1.27 | $1.47 | $1.57 | $1.37 | $1.12 | $1.20 |
High Forecast | - | $1.76 | $1.58 | $1.58 | $1.60 | $1.71 | $1.21 | $1.46 | $1.98 | $1.30 | $1.17 | $1.44 | $1.91 | $1.26 | $1.02 | $0.96 | $1.75 | $1.08 | $0.70 | $1.97 | $1.66 | $1.64 | $1.49 | $1.51 | $1.52 | $1.76 | $1.88 | $1.64 | $1.34 | $1.44 |
Low Forecast | - | $1.63 | $1.51 | $1.51 | $1.47 | $1.54 | $1.17 | $1.40 | $1.92 | $1.24 | $1.14 | $1.41 | $1.87 | $1.23 | $1.00 | $0.64 | $1.17 | $0.72 | $0.47 | $1.31 | $1.10 | $1.10 | $0.99 | $1.01 | $1.02 | $1.18 | $1.26 | $1.10 | $0.90 | $0.96 |
Surprise % | - | - | - | - | - | 1.00% | - | 1.29% | 0.97% | 1.38% | - | 0.98% | 0.81% | 1.41% | 1.38% | 2.59% | 0.84% | 1.49% | -3.32% | 0.44% | 1.06% | 1.10% | 0.95% | 0.99% | 1.07% | 0.87% | 0.70% | 0.84% | 0.07% | 1.00% |
SouthState Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
NBHC | National Bank | $41.81 | $47.67 | 14.02% | Hold |
UCBI | United Community Banks | $27.83 | $31.33 | 12.58% | Buy |
WSFS | WSFS Financial | $52.76 | $58.00 | 9.93% | Buy |
HTH | Hilltop | $32.78 | $34.00 | 3.72% | Hold |
SSB | SouthState | $98.72 | $102.00 | 3.32% | Buy |
PNFP | Pinnacle Financial Partners | $96.11 | $99.00 | 3.01% | Buy |
FBNC | First Bancorp | $42.85 | $43.00 | 0.35% | Buy |
FMBH | First Mid Bancshares | $39.66 | $38.00 | -4.19% | Strong Buy |
FBK | FB Financial | $47.34 | $44.33 | -6.36% | Hold |
SMBK | SmartFinancial | $29.40 | $26.50 | -9.86% | Hold |
SFBS | ServisFirst Bancshares | $81.51 | $70.00 | -14.12% | Hold |
SSB Forecast FAQ
Is SouthState a good buy?
Yes, according to 6 Wall Street analysts, SouthState (SSB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 66.67% of SSB's total ratings.
What is SSB's price target?
SouthState (SSB) average price target is $102 with a range of $90 to $112, implying a 2.93% from its last price of $99.1. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will SouthState stock go up soon?
According to Wall Street analysts' prediction for SSB stock, the company can go up by 2.93% (from the last price of $99.1 to the average price target of $102), up by 13.02% based on the highest stock price target, and down by -9.18% based on the lowest stock price target.
Can SouthState stock reach $150?
SSB's average twelve months analyst stock price target of $102 does not support the claim that SouthState can reach $150 in the near future.
What are SouthState's analysts' financial forecasts?
SouthState's analysts financial forecasts for the fiscal year (Dec 2023) are as follows: average revenue is $1.58B (high $1.74B, low $1.43B), average EBITDA is $599.62M (high $663.17M, low $537.64M), average net income is $436.68M (high $485.35M, low $385.71M), average SG&A $715.62M (high $787.41M, low $645.82M), and average EPS is $5.8 (high $5.98, low $5.59). SSB's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.71B (high $1.74B, low $1.68B), average EBITDA is $631.24M (high $673.46M, low $591.67M), average net income is $362.99M (high $394.42M, low $332.77M), average SG&A $783.27M (high $833.6M, low $736.29M), and average EPS is $4.77 (high $4.92, low $4.64).
Did the SSB's actual financial results beat the analysts' financial forecasts?
Based on SouthState's last annual report (Dec 2022), the company's revenue was $1.64B, beating the average analysts forecast of $1.39B by 18.62%. Apple's EBITDA was $727.92M, beating the average prediction of $559.53M by 30.09%. The company's net income was $496.05M, beating the average estimation of $371.43M by 33.55%. Apple's SG&A was $606.76M, beating the average forecast of $585.64M by 3.61%. Lastly, the company's EPS was $9.06, beating the average prediction of $5.81 by 55.97%. In terms of the last quarterly report (Sep 2023), SouthState's revenue was $428.22M, beating the average analysts' forecast of $428.19M by 0.01%. The company's EBITDA was $163.92M, beating the average prediction of $154.04M by 6.42%. SouthState's net income was $124.14M, missing the average estimation of $125.25M by -0.89%. The company's SG&A was $187.83M, missing the average forecast of $194.91M by -3.63%. Lastly, the company's EPS was $1.63, missing the average prediction of $1.64 by -0.31%