Southside Bancshares (NYSE:SBSI) Stock Breaks Above Two Hundred Day Moving Average – What’s Next?

Shares of Southside Bancshares, Inc. (NYSE:SBSI) crossed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $32.38 and traded as high as $33.41. Southside Bancshares shares last traded at $33.2830, with a volume of 268,677 shares.

Key Headlines Impacting Southside Bancshares

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

• Positive Sentiment: Q3 earnings and revenue exceeded expectations. Southside reported diluted EPS of $0.93, above the $0.79 consensus estimate and up from $0.80 a year earlier. Revenue reached $74.03 million, compared with Wall Street expectations of $72.67 million. Southside Bancshares Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Profitability metrics remained healthy. Management highlighted a 1.27% return on average assets and a 16.31% return on average tangible common equity. Reported return on equity was 11.16%, with a 16.70% net margin, supporting the market’s favorable reaction. Southside Bancshares Announces Third-Quarter Financial Results
• Positive Sentiment: The earnings beat was meaningful. EPS exceeded the consensus estimate by $0.14, while revenue was approximately $1.36 million above expectations, indicating better-than-anticipated quarterly operating performance. Southside Bancshares Earnings Flash
• Negative Sentiment: Management moderated its 2026 loan-growth outlook to the low-to-mid-single digits. The revised outlook signals slower balance-sheet expansion than previously anticipated. Additionally, about 55% of loans are expected to reprice within 90 days, creating sensitivity to interest-rate movements and potentially pressuring future net interest income. Southside Bancshares Moderates 2026 Loan Growth Outlook

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on SBSI shares. Stephens set a $37.00 target price on shares of Southside Bancshares in a research report on Monday, July 27th. Weiss Ratings downgraded Southside Bancshares from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, October 12th. Zacks Research raised Southside Bancshares from a “strong sell” rating to a “hold” rating in a report on Thursday, September 24th. Piper Sandler cut their price objective on Southside Bancshares from $37.00 to $33.00 and set a “neutral” rating on the stock in a research note on Monday, July 27th. Finally, Keefe, Bruyette & Woods reduced 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. Six investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $34.75.

Southside Bancshares Price Performance

The company’s fifty day moving average price is $31.35 and its 200 day moving average price is $32.38. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.74 and a current ratio of 0.74. The firm has a market capitalization of $992.17 million, a price-to-earnings ratio of 13.10 and a beta of 0.61.

Southside Bancshares (NYSE:SBSI) last announced its quarterly earnings results on Thursday, October 29th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.14. Southside Bancshares had a return on equity of 11.16% and a net margin of 16.70%. The business had revenue of $76.14 million for the quarter, compared to the consensus estimate of $72.67 million. Equities research analysts expect that Southside Bancshares, Inc. will post 3.27 earnings per share for the current year.

Southside Bancshares Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th were given a $0.37 dividend. This is a boost from Southside Bancshares’s previous quarterly dividend of $0.36. This represents a $1.48 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Thursday, August 20th. Southside Bancshares’s dividend payout ratio is 58.27%.

Institutional Trading of Southside Bancshares

A number of large investors have recently modified their holdings of SBSI. BlackRock Inc. bought a new stake in Southside Bancshares in the 2nd quarter valued at about $150,305,000. Dimensional Fund Advisors LP grew its position in Southside Bancshares by 0.5% in the 1st 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 bought a new position in Southside Bancshares in the 2nd quarter worth about $9,213,000. Bank of America Corp DE acquired a new stake in shares of Southside Bancshares in the second quarter valued at approximately $4,545,000. Finally, Principal Financial Group Inc. increased its stake in shares of Southside Bancshares by 0.8% in the first quarter. Principal Financial Group Inc. now owns 135,842 shares of the company’s stock valued at $4,223,000 after purchasing an additional 1,119 shares during the period. Institutional investors and hedge funds 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.