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NYSE: SSB

How to Buy Southstate Stock

Southstate Corp

SouthState Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies.

Southstate stock last closed at $78.96, down 1.47% from the previous day, and has increased 20.38% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.01 percentage points. Southstate stock is currently +32.68% from its 52-week low of $59.51, and -10.04% from its 52-week high of $87.77.

There are currently 76.25M SSB shares outstanding. The market value of SSB is $6.02B. In the past 24 hours, 586,651 SSB shares were traded.

How to Buy Southstate Stock

Not sure how to invest in Southstate stock? Here's how.
  1. Decide where to buy Southstate stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Southstate stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Choose your method of payment and add your information.
  4. Research Southstate stock: The Southstate ticker symbol is SSB. Is Southstate stock a good investment? Should you buy shares of SSB? How do SSB's underlying business fundamentals look? Do top analysts think Southstate is a good buy? Why has SSB's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if SSB is a good stock to buy).
  5. Place your SSB purchase: Decide if you will purchase SSB shares at the current market price or use a limit order to purchase SSB shares at a given price.
  6. Keep tabs on your SSB investment: Create a watchlist to the latest updates on your investment in Southstate stock.

Step 1: Decide where to buy Southstate stock

You will need a brokerage account to access the NYSE market and buy SSB stock.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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We believe that eToro is the best place to buy stocks. eToro gives you:

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Step 2: Open your brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal info so you can buy SSB stock today.

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  1. Send your info by hitting the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you've created your account on stock apps to use, you need to deposit funds:

Check out this video walkthrough for more details depositing money into your brokerage account.

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Step 4: Research Southstate stock

After you have decided on the best place to buy Southstate stock, it's absolutely critical to evaluate their stock before you invest, so you truly comprehend the risk and upside.

Southstate stock quick numbers

SSB Price
$78.96
1w %
3.19%
1y %
20.38%
5y %
7.25%
P/E
12.15x
P/B
1.09x
P/S
3.69x
PEG
2.87x
Revenue
$1.63B
Earnings
$494.31M
Fore. Rev. Growth
6.04%
Fore. Earn. Growth
N/A
Market Cap
$6.02B
Next Earnings
Apr 26, 2024
Next Dividend
N/A

Southstate Fundamentals

WallStreetZen was built to help average investors do more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on SSB's stock page.

What is the fair value of SSB stock?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge SSB's intrinsic value.

Using relative valuations ratios:

  • SSB could be undervalued based on its P/E ratio of 12.15x, relative to Banks - Regional industry P/E ratio of -10.31x
  • SSB could be overvalued based on its P/B ratio of 1.09x, relative to Banks - Regional industry P/B ratio of 0.99x
  • SSB may be overvalued based on its PEG ratio of 2.87x

You can do more valuation research on SSB's stock here.

A quick look at SSB Financials

Pros:

  • SSB earnings of $630.85M is not sufficient to cover its interest payments.
  • SSB's operating cash flow of $546.76M allows it to safely service it's debt of $981.09M.

Cons:

  • SSB profit margin has gone down from 31.7% to 30.4% in the past year.
  • SSB has a relatively high debt to equity ratio of 7.12.
  • Total SSB debt is higher than 5 years ago, relative to shareholder equity.

Is SSB stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 5 Equities analysts who monitor SSB, the consensus analyst rating on Southstate is a Buy

It's important to note that analyst ratings are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Southstate stock forecast page.

SSB Momentum

SMA10
78.22
SMA20
79.79
SMA50
81.48
SMA100
81.96
SMA200
76.61
MACD
-0.79
MACD Signal
-0.93
MACD Histogram
0.15
RSI
46.41
Stochastic %K
52.67
Stochastic %D
50.76
StochRSI %K
79.06
StochRSI %D
76.25

SSB Performance Numbers

Last year, SSB earnings were $494.31M. Over the last five year, SSB's earnings have gone up by 5.81% per year. This was slower than the Banks - Regional industry average of 17.48%.

Last year, SSB revenue was $1.63B. Over the last five year, SSB's revenue has gone up by 20.3% per year. This was faster than the Banks - Regional industry average of 7.5%.

Dig into SSB's earnings and revenue performance here.

Who is buying/selling SSB?

In the last year, executives and large shareholders at SSB have sold more shares than they have bought.

Daniel E. Bockhorst, Chief Credit Officer of SSB, was the latest SSB insider to sell. They sold $243,000.00 worth of SSB shares on Mar 20, 2024.

Get more info about who owns SSB stock here.

Does SSB provide a stable income stream?

Southstate pays a dividend of 2.61%, compared to the Banks - Regional industry's average dividend yield of 3.86%. If you owned $1,000 of SSB stock, you would have been paid $26.09 in the past year.

Southstate dividend payments have consistently grown over the past decade and have remained stable.

Find more data about Southstate dividend yield and history here.

Get opinions from other traders

One of the major 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: Place your SSB purchase

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a particular dollar amount limit, use a limit order.

Press the Open button and eToro will place your order.

If you need additional help with buying stocks on eToro, click the helpful video below:

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Step 6: Keep tabs on your SSB investment

Now that you own some SSB shares, you'll want to stay up-to-date on your new investment.

Start a watchlist to get the latest updates about your SSB stock.

SSB Feed

How to Buy Stock in Southstate

To reiterate, here are the 6 steps to buy Southstate stock:

  1. Decide where to buy Southstate stock
  2. Open your brokerage account
  3. Deposit funds into your investment account
  4. Research Southstate stock
  5. Place your SSB purchase
  6. Keep tabs on your SSB investment

If you are looking for a brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest news on your investment in Southstate, create a watchlist today.

NYSE: SSB
$78.96-1.18 (-1.47%)
Updated Apr 25, 2024
Open eToro Account
NYSE: SSB
$78.96-1.18 (-1.47%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one Southstate share?

As of Apr 25, 2024, it costs $78.96 to buy one share of Southstate stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.127 shares of SSB.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Southstate stock?

According to 5 Wall Street analysts who monitor Southstate, their consensus recommendation is to buy Southstate stock.

What is the best way to buy Southstate stock?

One way to place an order for Southstate stock is with a brokerage account.
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