Simmons First National (NASDAQ:SFNC) is scheduled to release its earnings data after the market closes on Tuesday, January 22nd. Analysts expect Simmons First National to post earnings of $0.61 per share for the quarter.
Simmons First National (NASDAQ:SFNC) last posted its quarterly earnings results on Monday, October 22nd. The bank reported $0.59 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.01. The firm had revenue of $176.69 million for the quarter, compared to analyst estimates of $175.20 million. Simmons First National had a net margin of 22.55% and a return on equity of 9.66%. On average, analysts expect Simmons First National to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Simmons First National stock opened at $26.48 on Monday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $2.44 billion, a price-to-earnings ratio of 15.49 and a beta of 1.16. Simmons First National has a 1 year low of $22.64 and a 1 year high of $33.45.
The company also recently disclosed a quarterly dividend, which was paid on Friday, January 4th. Shareholders of record on Friday, December 14th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.27%. The ex-dividend date was Thursday, December 13th. Simmons First National’s payout ratio is 35.09%.
Several equities analysts have weighed in on SFNC shares. Zacks Investment Research upgraded shares of Simmons First National from a “hold” rating to a “buy” rating and set a $28.00 price objective on the stock in a research report on Friday, October 26th. Stephens set a $34.00 price objective on shares of Simmons First National and gave the stock a “buy” rating in a research report on Monday, October 22nd. Finally, BidaskClub upgraded shares of Simmons First National from a “hold” rating to a “buy” rating in a research report on Friday, November 23rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $32.00.
In other news, EVP Patrick A. Burrow acquired 1,500 shares of the stock in a transaction on Tuesday, November 20th. The shares were purchased at an average cost of $27.65 per share, for a total transaction of $41,475.00. Following the transaction, the executive vice president now owns 31,829 shares in the company, valued at approximately $880,071.85. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 2.76% of the company’s stock.
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About Simmons First National
Simmons First National Corporation operates as the holding company for Simmons Bank that provides financial products and services to individuals and businesses. It offers checking, savings, and time deposits; loan products, including consumer, real estate, commercial, agricultural, equipment, and SBA lending; personal and corporate trust services; credit cards; investment management products; insurance products; and securities and investment services.
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