Southside Bancshares (NYSE:SBSI) Rating Lowered to Strong Sell at Zacks Research

Posted by Francis Steltz on Jul 30th, 2026

Southside Bancshares (NYSE:SBSI – Get Free Report) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Tuesday,Zacks.com reports.

SBSI has been the topic of a number of other reports. Stephens set a $37.00 price objective on Southside Bancshares in a report on Monday. Weiss Ratings raised Southside Bancshares from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday. Piper Sandler cut their target price on Southside Bancshares from $37.00 to $33.00 and set a “neutral” rating for the company in a research report on Monday. Finally, Benchmark began coverage on Southside Bancshares in a research note on Wednesday, June 24th. They issued a “hold” rating on the stock. One equities research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Southside Bancshares presently has a consensus rating of “Hold” and an average target price of $34.75.

View Our Latest Stock Analysis on SBSI

Southside Bancshares Trading Down 1.2%

Shares of SBSI stock opened at $32.34 on Tuesday. Southside Bancshares has a 52-week low of $26.32 and a 52-week high of $36.20. The stock has a market cap of $964.06 million, a price-to-earnings ratio of 12.73 and a beta of 0.58. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.86 and a current ratio of 0.74. The firm has a fifty day moving average of $33.88 and a 200-day moving average of $32.75.

Southside Bancshares (NYSE:SBSI – Get Free Report) last released its quarterly earnings data on Friday, July 24th. The company reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.04. Southside Bancshares had a net margin of 16.70% and a return on equity of 11.16%. The company had revenue of $71.34 million during the quarter, compared to the consensus estimate of $75.00 million. On average, equities research analysts forecast that Southside Bancshares will post 3.24 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of SBSI. Vanguard Group Inc. grew its position in Southside Bancshares by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 2,031,944 shares of the company’s stock worth $61,751,000 after acquiring an additional 31,575 shares during the last quarter. Dimensional Fund Advisors LP raised 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 valued at $43,051,000 after purchasing an additional 7,496 shares during the last quarter. State Street Corp raised its position in Southside Bancshares by 0.6% in the 4th quarter. State Street Corp now owns 1,308,609 shares of the company’s stock valued at $39,769,000 after purchasing an additional 7,706 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Southside Bancshares by 10.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 405,877 shares of the company’s stock worth $12,335,000 after purchasing an additional 37,253 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in Southside Bancshares by 11.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 351,713 shares of the company’s stock worth $10,689,000 after purchasing an additional 36,675 shares in the last quarter. 55.70% of the stock is owned by institutional investors and hedge funds.

Southside Bancshares Company Profile

(Get Free Report)

Southside Bancshares Inc is a bank holding company headquartered in Tyler, Texas. Through its subsidiary, Southside Bank, it provides a broad array of commercial and consumer banking services to individuals and businesses. The company’s offerings include deposit products, loan facilities and treasury management solutions tailored to the needs of its clientele. Established in 1974, Southside Bancshares has grown its footprint across East and North Texas while maintaining a community banking focus.

In the commercial banking segment, the company extends financing for real estate development, construction projects, equipment purchases and working capital needs.