Southside Bancshares (NYSE:SBSI) Hits New 52-Week High – Still a Buy?

Posted by Geri Gentry on Jul 18th, 2026

Southside Bancshares, Inc. (NYSE:SBSI – Get Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as $35.81 and last traded at $35.9310, with a volume of 29779 shares trading hands. The stock had previously closed at $34.87.

Analysts Set New Price Targets

Several brokerages have commented on SBSI. Benchmark initiated coverage on shares of Southside Bancshares in a research note on Wednesday, June 24th. They issued a “hold” rating on the stock. Weiss Ratings upgraded Southside Bancshares from a “hold (c)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Finally, Piper Sandler started coverage on Southside Bancshares in a report on Wednesday, April 15th. They issued a “neutral” rating and a $35.00 target price on the stock. One research analyst has rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $35.00.

Get Our Latest Report on SBSI

Southside Bancshares Stock Performance

The business’s fifty day moving average is $33.67 and its two-hundred day moving average is $32.58. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $1.03 billion, a PE ratio of 14.73 and a beta of 0.58.

Southside Bancshares (NYSE:SBSI – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.78 earnings per share for the quarter, topping 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 company had revenue of $70.28 million for the quarter, compared to analysts’ expectations of $70.92 million. As a group, research analysts anticipate that Southside Bancshares, Inc. will post 3.43 EPS for the current fiscal year.

Southside Bancshares Announces Dividend

The firm 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 presently 61.02%.

Institutional Investors Weigh In On Southside Bancshares

Several large investors have recently added to or reduced their stakes in SBSI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Southside Bancshares by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,049 shares of the company’s stock worth $494,000 after purchasing an additional 701 shares during the period. Empowered Funds LLC raised its holdings in Southside Bancshares by 5.4% during the 1st quarter. Empowered Funds LLC now owns 82,211 shares of the company’s stock valued at $2,381,000 after buying an additional 4,198 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Southside Bancshares by 10.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 70,377 shares of the company’s stock worth $2,038,000 after buying an additional 6,459 shares during the last quarter. Jane Street Group LLC purchased a new position in Southside Bancshares during the first quarter worth $1,520,000. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Southside Bancshares by 30.5% during the second quarter. Arrowstreet Capital Limited Partnership now owns 142,955 shares of the company’s stock worth $4,207,000 after buying an additional 33,443 shares during the period. 55.70% of the stock is owned by institutional investors.

About Southside Bancshares

(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.