Simmons First National (SFNC) to Release Earnings on Tuesday

Simmons First National (NASDAQ:SFNC) is anticipated to release its earnings data after the market closes on Tuesday, January 21st. Analysts expect Simmons First National to post earnings of $0.36 per share and revenue of $208,673.17 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Simmons First National (NASDAQ:SFNC) last posted its quarterly earnings results on Friday, October 18th. The bank reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.04. The company had revenue of $203.20 million for the quarter, compared to analysts’ expectations of $204.91 million. Simmons First National had a return on equity of 5.15% and a net margin of 8.94%. The firm’s revenue was up 3.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.39 EPS. On average, analysts expect Simmons First National to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Simmons First National Trading Up 1.6 %

Simmons First National stock opened at $22.72 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.80 and a quick ratio of 0.80. The stock has a market cap of $2.85 billion, a P/E ratio of 22.27 and a beta of 0.87. The firm’s 50 day moving average price is $23.33 and its 200-day moving average price is $21.90. Simmons First National has a 1 year low of $16.03 and a 1 year high of $25.95.

Simmons First National Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 13th were issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.70%. The ex-dividend date of this dividend was Friday, December 13th. Simmons First National’s dividend payout ratio (DPR) is currently 82.35%.

Wall Street Analyst Weigh In

SFNC has been the subject of several recent research reports. Stephens raised shares of Simmons First National from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $27.00 to $28.00 in a research report on Monday, October 21st. StockNews.com upgraded Simmons First National from a “sell” rating to a “hold” rating in a report on Monday, October 21st. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Simmons First National has a consensus rating of “Hold” and an average target price of $23.00.

Insider Buying and Selling at Simmons First National

In related news, CEO Robert A. Fehlman sold 15,270 shares of the company’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $24.02, for a total value of $366,785.40. Following the completion of the sale, the chief executive officer now owns 156,357 shares in the company, valued at $3,755,695.14. This represents a 8.90 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman George Makris, Jr. sold 25,440 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $25.21, for a total value of $641,342.40. Following the transaction, the chairman now directly owns 608,347 shares in the company, valued at approximately $15,336,427.87. This represents a 4.01 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 45,800 shares of company stock worth $1,136,650 over the last three months. Insiders own 1.91% of the company’s stock.

About Simmons First National

Simmons First National Corporation operates as the holding company for Simmons Bank that provides banking and other financial products and services to individuals and businesses. The company offers checking, savings, and time deposits; consumer, real estate, and commercial loans; agricultural finance, equipment, and small business administration lending; trust and fiduciary services; credit cards; investment management products; treasury management; insurance products; and securities and investment services.