How to Buy Southern First Bancshares Stock
Southern First Bancshares Inc
Southern First Bancshares, Inc. operates as the bank holding company for Southern First Bank that provides various banking products and services to general public in South Carolina, North Carolina, and Georgia.
Southern First Bancshares stock last closed at $26.61, up 0.19% from the previous day, and has decreased 11.3% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.2 percentage points. Southern First Bancshares stock is currently +28.24% from its 52-week low of $20.75, and -32.39% from its 52-week high of $39.36.
As of Apr 15, 2024, there are 8.16M SFST shares outstanding. The market value of SFST is $217.03M. In the last 24 hours, 8411 SFST shares were traded.
How to Buy Southern First Bancshares Stock
Not sure how to invest in Southern First Bancshares stock? Here's how.
- Figure out where to buy Southern First Bancshares stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Southern First Bancshares stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Pick your payment method and add your information.
- Research Southern First Bancshares stock: The Southern First Bancshares ticker symbol is SFST. Is Southern First Bancshares stock a good investment? Should you buy shares of SFST? How do SFST's underlying business fundamentals look? Do top analysts think Southern First Bancshares is a good buy? Why has SFST's stock price moved recently? (Hint: Our stock market analysis website can help you decide if SFST is a good stock to buy).
- Make your SFST trade: Decide if you will purchase SFST shares at the current market price or use a limit order to buy SFST stock at a given price.
- Keep tabs on your SFST position: Create a watchlist to important updates regarding your position in Southern First Bancshares shares.
Step 1: Figure out where to buy Southern First Bancshares stock
You will need a brokerage account to access the NASDAQ market and buy SFST shares.
Our recommended brokerage: eToro
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Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal information so you can invest in SFST today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create your new trading account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have finished signing up on app for investing, you can securely and quickly fund your account:
Check out the walkthrough below to see the process of depositing funds into your brokerage account.
Step 4: Research Southern First Bancshares stock
After you have identified the best place to buy Southern First Bancshares stock, it's critical to analyze their stock prior to buying, so you can understand the risk and upside.
Southern First Bancshares quick stats
SFST Zen Score
WallStreetZen was designed to help everyday investors do better fundamental analysis.
You can view all of the due diligence checks on SFST's stock page.
Is SFST stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge SFST's intrinsic value.
Using relative valuations ratios:
- SFST may be undervalued based on its P/E ratio of 15.93x, relative to Banks - Regional industry P/E ratio of -12.31x
- SFST may be undervalued based on its P/B ratio of 0.69x, relative to Banks - Regional industry P/B ratio of 0.96x
You can access more valuation research on SFST's stock here.
A look at SFST Cashflows and Balance Sheet
Positive Health Checks:
- SFST earnings of $17.43M is not sufficient to cover its interest payments.
Negative Health Checks:
- SFST's operating cash flow of $17.65M allows it to safely service it's debt of $311.32M.
- SFST has a relatively high debt to equity ratio of 11.98.
- Total SFST debt is higher than 5 years ago, relative to shareholder equity.
- SFST profit margin has gone down from 28.8% to 15.6% in the past year.
Is Southern First Bancshares stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Equities analysts who give ratings on SFST, the consensus analyst rating on SFST is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Southern First Bancshares stock forecast page.
SFST Trading Indicators
Is SFST Making Money?
Last year, SFST earnings were $13.43M. During the past 5 year, SFST's earnings have gone up by -11.17% per year. This was slower than the Banks - Regional industry average of 16.1%.
Last year, SFST revenue was $86.25M. Over the past 5 year, SFST's revenue has increased by 4.73% per year. This was slower than the Banks - Regional industry average of 7.26%.
Dive into SFST's earnings and revenue performance here.
Are SFST insiders buying or selling the stock?
In the past year, insiders at SFST have bought more shares than they have sold.
Mark A. Cothran, Director of SFST, was the latest SFST insider to sell. They sold $33,770.00 worth of SFST stock on Mar 22, 2024.
Research more about who owns SFST stock here.
Can I rely on SFST as an income stream?
No, Southern First Bancshares doesn't provide an income stream by paying out dividends.
What do other traders have to say about SFST?
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your SFST trade
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount, use a limit order.
Press the Open Trade button and eToro will execute the order.
If you need more assistance buying stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your SFST position
Now that you own some SFST stock, you'll want to stay up-to-date on your investment.
Add SFST to a watchlist to track the latest developments regarding your SFST stock.
SFST Feed
How to Buy Stock in Southern First Bancshares
To reiterate, here are the 6 steps for buying Southern First Bancshares stock:
- Figure out where to buy Southern First Bancshares stock
- Open a brokerage account
- Deposit funds into your investment account
- Research Southern First Bancshares stock
- Make your SFST trade
- Keep tabs on your SFST position
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Southern First Bancshares, create a watchlist on WallStreetZen today.
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