Southside Bancshares (NYSE:SBSI) Reaches New 12-Month High – What’s Next?

Posted by George Bondi on Jun 24th, 2026

Shares of Southside Bancshares, Inc. (NYSE:SBSI – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $34.81 and last traded at $34.5910, with a volume of 16800 shares trading hands. The stock had previously closed at $34.49.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Piper Sandler began coverage on shares of Southside Bancshares in a research report on Wednesday, April 15th. They issued a “neutral” rating and a $35.00 price target on the stock. Weiss Ratings upgraded shares of Southside Bancshares from a “hold (c)” rating to a “buy (b-)” rating in a research note on Monday, May 4th. One analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Southside Bancshares has a consensus rating of “Hold” and a consensus price target of $35.00.

View Our Latest Stock Analysis on Southside Bancshares

Southside Bancshares Trading Up 1.3%

The business’s fifty day simple moving average is $33.04 and its 200 day simple moving average is $32.17. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.66. The stock has a market cap of $1.04 billion, a P/E ratio of 14.79 and a beta of 0.58.

Southside Bancshares (NYSE:SBSI – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.02. Southside Bancshares had a net margin of 15.85% and a return on equity of 10.81%. The firm had revenue of $70.28 million during the quarter, compared to analysts’ expectations of $70.92 million. As a group, analysts expect that Southside Bancshares, Inc. will post 3.43 EPS for the current year.

Southside Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 18th were issued a $0.36 dividend. The ex-dividend date of this dividend was Monday, May 18th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 4.1%. Southside Bancshares’s dividend payout ratio (DPR) is currently 61.02%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of SBSI. GAMMA Investing LLC lifted its holdings in Southside Bancshares by 26.6% during the 4th quarter. GAMMA Investing LLC now owns 1,809 shares of the company’s stock worth $55,000 after buying an additional 380 shares in the last quarter. Captrust Financial Advisors raised its position in shares of Southside Bancshares by 1.8% during the fourth quarter. Captrust Financial Advisors now owns 36,404 shares of the company’s stock worth $1,106,000 after acquiring an additional 640 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Southside Bancshares by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,049 shares of the company’s stock worth $494,000 after acquiring an additional 701 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of Southside Bancshares by 6.8% during the second quarter. The Manufacturers Life Insurance Company now owns 11,014 shares of the company’s stock valued at $324,000 after acquiring an additional 706 shares during the period. Finally, Polaris Capital Management LLC lifted its stake in shares of Southside Bancshares by 1.2% during the fourth quarter. Polaris Capital Management LLC now owns 62,227 shares of the company’s stock valued at $1,891,000 after acquiring an additional 727 shares during the period. Institutional investors own 55.70% of the company’s stock.

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.