How to Buy Southside Bancshares Stock
Southside Bancshares Inc
Southside Bancshares, Inc. operates as the bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations.
Southside Bancshares stock last closed at $27.27, down 1.45% from the previous day, and has decreased 14.62% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.34 percentage points. Southside Bancshares stock is currently +7.45% from its 52-week low of $25.38, and -20.73% from its 52-week high of $34.40.
There are currently 30.28M shares of SBSI outstanding. The market value of SBSI is $825.86M. In the last 24 hours, 139,992 SBSI shares were traded.
How to Buy Southside Bancshares Stock
Wondering how to invest in Southside Bancshares stock? Here's how.
- Choose where to buy Southside Bancshares stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Southside Bancshares stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your payment method and add your info.
- Evaluate Southside Bancshares stock: The Southside Bancshares ticker symbol is SBSI. Is Southside Bancshares stock a good investment? Should you buy shares of SBSI? How do SBSI's underlying business fundamentals look? Do top analysts think Southside Bancshares is a good buy? Why has SBSI's stock price moved recently? (Hint: Our stock market research website can help you understand if SBSI is a good stock to buy).
- Place your SBSI buy order: Decide if you will purchase SBSI shares at the current market price or use a limit order to buy SBSI shares at a given price.
- Get key alerts regarding your SBSI investment: Create a watchlist to get the latest news on your position in Southside Bancshares stock.
Step 1: Choose where to buy Southside Bancshares stock
You will need an online brokerage account in order to access the NASDAQ market and buy SBSI shares.
Our favorite brokerage: eToro
Based on our research, eToro is the best place to buy stocks. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global financial markets: From Tech to Industrials, New York to Tokyo — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal info so you can buy SBSI stock today.
How to Start 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.
- Input your personal info to create a new trading account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on the best free stock trading app, your next step is to transfer the money for your investment:
Watch the video below if you need help transferring money into your investment account.
Step 4: Evaluate Southside Bancshares stock
Once you have selected the best place to buy Southside Bancshares stock, it's critical to analyze their stock prior to investing, so you truly comprehend the risk and opportunity.
Southside Bancshares shares data
Fundamentals of SBSI
WallStreetZen was built to help part-time investors perform better fundamental analysis.
You can see all of the due diligence checks on SBSI's stock page.
Is SBSI stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge SBSI's true value.
Using relative valuations methods:
- SBSI could be undervalued based on its P/E ratio of 10.14x, relative to Banks - Regional industry P/E ratio of -9.61x
- SBSI may be overvalued based on its P/B ratio of 1.05x, relative to Banks - Regional industry P/B ratio of 0.99x
- SBSI could be overvalued based on its PEG ratio of 3.55x
You can do more valuation research on SBSI's stock here.
Is SBSI a healthy company?
Positive Health Checks:
- SBSI earnings of $96.69M is not enough to cover its interest payments.
Negative Health Checks:
- SBSI has a relatively high debt to equity ratio of 9.6.
- SBSI's operating cash flow of $114.53M allows it to safely service it's debt of $941.08M.
- Total SBSI debt is higher than 5 years ago, relative to shareholder equity.
- SBSI profit margin has gone down from 41.4% to 34.3% in the past year.
You can dive deeper into what analysts are saying on the Southside Bancshares stock forecast page.
Metrics for Advanced SBSI Traders
SBSI Revenue
Last year, SBSI earnings were $82.17M. In the past 5 year, SBSI's earnings have gone up by 3.92% per year. This was slower than the Banks - Regional industry average of 17.16%.
Last year, SBSI revenue was $239.30M. Over the past 5 year, SBSI's revenue has gone up by 3.04% per year. This was slower than the Banks - Regional industry average of 7.44%.
Find out more about SBSI's earnings and revenue performance here.
What are SBSI executives and large shareholders up to?
In the last 12 months, executives and large shareholders at SBSI have bought more shares than they have sold.
Keith Donahoe, RP CTX of SBSI, was the latest SBSI insider to sell. They sold $11,717.70 worth of SBSI stock on Mar 22, 2024.
Dig into more about who owns SBSI shares here.
Can I get consistent income from SBSI stock?
Southside Bancshares pays a dividend of 5.24%, compared to the Banks - Regional industry's average dividend yield of 3.82%. If you owned $1,000 worth of SBSI stock, you would have received $52.44 in the past year.
Southside Bancshares dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more info about Southside Bancshares dividend yield and history here.
Get opinions from other investors
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your SBSI buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the easiest way to buy. - 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 limit, place a limit order.
Press the Open Trade button and eToro will execute your order.
If you require more info about buying stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your SBSI investment
Now that you own some shares in SBSI, you'll want to stay up-to-date on your shares.
Make a watchlist to track the most important metrics related to your SBSI stock.
SBSI Feed
How to Buy Stock in Southside Bancshares
To reiterate, here are the 6 steps you need to take to buy Southside Bancshares stock right now:
- Choose where to buy Southside Bancshares stock
- Open a brokerage account
- Fund your brokerage account
- Evaluate Southside Bancshares stock
- Place your SBSI buy order
- Get key alerts regarding your SBSI investment
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Southside Bancshares, create a watchlist on WallStreetZen today.
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