Southside Bancshares, Inc. (NYSE:SBSI) Stock Has Consensus Price Target of $34.75

Southside Bancshares, Inc. (NYSE:SBSI) has earned an average recommendation of “Hold” from the six analysts that are presently covering the company, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $34.75.

Several equities analysts recently weighed in on the stock. Stephens set a $37.00 price target on shares of Southside Bancshares in a research report on Monday, July 27th. Piper Sandler lowered their price objective on Southside Bancshares from $37.00 to $33.00 and set a “neutral” rating for the company in a research note on Monday, July 27th. Keefe, Bruyette & Woods dropped their target price on Southside Bancshares from $37.00 to $35.00 and set a “market perform” rating on the stock in a report on Monday, August 3rd. Weiss Ratings upgraded Southside Bancshares from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday. Finally, Zacks Research raised Southside Bancshares from a “strong sell” rating to a “hold” rating in a research report on Thursday, September 24th.

Southside Bancshares News Summary

Here are the key news stories impacting Southside Bancshares this week:

• Positive Sentiment: Quarterly earnings exceeded expectations. Southside reported diluted EPS of $0.93, up from $0.80 a year earlier and $0.14 above the $0.79 consensus estimate. Revenue was approximately $74.0 million to $76.1 million, exceeding the roughly $72.7 million analyst forecast. Southside Bancshares Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Profitability remained solid. Management highlighted a 1.27% return on average assets and a 16.31% return on average tangible common equity. The company also reported an 11.16% return on equity and a 16.70% net margin, supporting the view that operating performance remains healthy. Southside Bancshares Announces Third-Quarter Financial Results
• Positive Sentiment: Near-term repricing could support net interest income. Approximately 55% of the loan portfolio is expected to reprice within 90 days, potentially allowing Southside to benefit if lending yields remain favorable or interest-rate conditions improve. Southside Moderates 2026 Loan Growth Outlook
• Neutral Sentiment: The earnings call emphasized strong quarterly execution and profitability, but investors will focus on whether these results can continue amid changing rates and a slower-growth banking environment. Southside Bancshares Q3 2026 Earnings Call Transcript
• Negative Sentiment: Loan-growth expectations were reduced. Southside moderated its 2026 loan-growth outlook to the low-to-mid single-digit range, signaling softer demand or a more cautious underwriting stance and limiting a potential source of balance-sheet expansion. Southside Moderates 2026 Loan Growth Outlook

Southside Bancshares Stock Performance

SBSI opened at $33.65 on Friday. Southside Bancshares has a 1-year low of $27.59 and a 1-year high of $36.20. The company has a market cap of $1.00 billion, a price-to-earnings ratio of 10.17 and a beta of 0.61. The company’s fifty day moving average price is $31.38 and its two-hundred day moving average price is $32.39. The company has a current ratio of 0.89, a quick ratio of 0.74 and a debt-to-equity ratio of 2.26.

Southside Bancshares (NYSE:SBSI) last issued its quarterly earnings data on Thursday, October 29th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.14. The firm had revenue of $76.14 million during the quarter, compared to analysts’ expectations of $72.67 million. Southside Bancshares had a net margin of 21.48% and a return on equity of 11.58%. On average, analysts expect that Southside Bancshares will post 3.45 EPS for the current fiscal year.

Southside Bancshares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th were paid a dividend of $0.37 per share. This is a boost from Southside Bancshares’s previous quarterly dividend of $0.36. The ex-dividend date was Thursday, August 20th. This represents a $1.48 annualized dividend and a yield of 4.4%. Southside Bancshares’s dividend payout ratio (DPR) is 44.71%.

Institutional Trading of Southside Bancshares

Institutional investors have recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in shares of Southside Bancshares in the second quarter valued at about $150,305,000. Dimensional Fund Advisors LP boosted its holdings in Southside Bancshares by 0.5% during the first quarter. Dimensional Fund Advisors LP now owns 1,384,745 shares of the company’s stock worth $43,051,000 after purchasing an additional 7,496 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in Southside Bancshares during the second quarter worth about $9,213,000. Principal Financial Group Inc. boosted its holdings in Southside Bancshares by 0.8% during the first quarter. Principal Financial Group Inc. now owns 135,842 shares of the company’s stock worth $4,223,000 after purchasing an additional 1,119 shares during the last quarter. Finally, Bank of America Corp DE bought a new stake in Southside Bancshares in the 2nd quarter worth about $4,545,000. Institutional investors own 55.70% of the company’s stock.

Southside Bancshares Company Profile

Southside Bancshares, Inc is a Texas-based financial holding company and the parent company of Southside Bank. Founded in 1960 and headquartered in Tyler, Texas, the company provides banking and financial services to individuals, businesses, and institutions.

Southside Bank offers a range of deposit products, including checking, savings, money market, and certificate of deposit accounts. Its lending activities include residential and commercial real estate loans, construction financing, commercial and industrial loans, consumer loans, and other forms of business credit.

The bank also provides treasury management, online and mobile banking, wealth management, trust and fiduciary services, and other financial solutions.