DA Davidson Has Bullish Outlook for SFNC FY2025 Earnings

Simmons First National Co. (NASDAQ:SFNC) – Investment analysts at DA Davidson boosted their FY2025 earnings per share (EPS) estimates for shares of Simmons First National in a research report issued on Thursday, January 23rd. DA Davidson analyst G. Tenner now anticipates that the bank will post earnings of $1.91 per share for the year, up from their prior forecast of $1.51. The consensus estimate for Simmons First National’s current full-year earnings is $1.57 per share.

SFNC has been the topic of a number of other research reports. Stephens reduced their price target on Simmons First National from $29.00 to $28.00 and set an “overweight” rating on the stock in a report on Thursday. StockNews.com upgraded Simmons First National from a “sell” rating to a “hold” rating in a research report on Monday, October 21st.

Simmons First National Price Performance

SFNC stock opened at $22.53 on Monday. The company has a current ratio of 0.79, a quick ratio of 0.80 and a debt-to-equity ratio of 0.32. The firm’s 50-day moving average price is $23.11 and its two-hundred day moving average price is $22.12. The stock has a market capitalization of $2.83 billion, a price-to-earnings ratio of 18.62 and a beta of 0.87. Simmons First National has a 12-month low of $16.03 and a 12-month high of $25.95.

Simmons First National (NASDAQ:SFNC) last issued its earnings results on Tuesday, January 21st. The bank reported $0.39 EPS for the quarter, topping the consensus estimate of $0.36 by $0.03. The company had revenue of $208.50 million for the quarter, compared to the consensus estimate of $208,673.17 billion. Simmons First National had a net margin of 10.46% and a return on equity of 5.10%. The firm’s revenue for the quarter was up 17.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.40 earnings per share.

Simmons First National Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 13th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 3.73%. The ex-dividend date of this dividend was Friday, December 13th. Simmons First National’s payout ratio is currently 69.42%.

Insiders Place Their Bets

In other news, CAO David W. Garner sold 5,090 shares of the company’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $25.25, for a total value of $128,522.50. Following the sale, the chief accounting officer now directly owns 64,966 shares of the company’s stock, valued at $1,640,391.50. This represents a 7.27 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Robert A. Fehlman sold 15,270 shares of the stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $24.02, for a total transaction of $366,785.40. Following the completion of the transaction, the chief executive officer now owns 156,357 shares of the company’s stock, valued at approximately $3,755,695.14. The trade was a 8.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 45,800 shares of company stock worth $1,136,650 over the last three months. Company insiders own 1.91% of the company’s stock.

Institutional Trading of Simmons First National

A number of hedge funds have recently made changes to their positions in SFNC. Northwestern Mutual Wealth Management Co. raised its stake in Simmons First National by 9,443.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,395,980 shares of the bank’s stock valued at $24,541,000 after buying an additional 1,381,353 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Simmons First National by 33.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 676,171 shares of the bank’s stock worth $14,565,000 after purchasing an additional 170,821 shares during the last quarter. Barclays PLC raised its position in shares of Simmons First National by 131.4% in the 3rd quarter. Barclays PLC now owns 247,821 shares of the bank’s stock worth $5,337,000 after purchasing an additional 140,738 shares during the last quarter. Dean Investment Associates LLC boosted its stake in Simmons First National by 231.6% in the 3rd quarter. Dean Investment Associates LLC now owns 137,352 shares of the bank’s stock worth $2,959,000 after purchasing an additional 95,928 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in Simmons First National by 3.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,866,142 shares of the bank’s stock valued at $40,197,000 after purchasing an additional 65,992 shares during the last quarter. 27.58% of the stock is owned by institutional investors.

Simmons First National Company Profile

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.