DA Davidson Has Pessimistic View of SFNC FY2025 Earnings

Simmons First National Co. (NASDAQ:SFNC) – Analysts at DA Davidson lowered their FY2025 earnings per share estimates for shares of Simmons First National in a note issued to investors on Wednesday, April 2nd. DA Davidson analyst G. Tenner now forecasts that the bank will post earnings of $1.58 per share for the year, down from their prior forecast of $1.59. The consensus estimate for Simmons First National’s current full-year earnings is $1.66 per share. DA Davidson also issued estimates for Simmons First National’s FY2025 earnings at $1.58 EPS.

Separately, Stephens dropped their price target on Simmons First National from $29.00 to $28.00 and set an “overweight” rating for the company in a research report on Thursday, January 23rd.

Simmons First National Trading Down 3.1 %

Shares of SFNC stock opened at $18.26 on Friday. Simmons First National has a 52-week low of $16.03 and a 52-week high of $25.95. The business’s fifty day moving average is $21.43 and its 200 day moving average is $22.42. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.79 and a current ratio of 0.79. The company has a market capitalization of $2.30 billion, a PE ratio of 15.09 and a beta of 0.84.

Simmons First National (NASDAQ:SFNC) last posted its earnings results on Tuesday, January 21st. The bank reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.03. The business had revenue of $208.50 million for the quarter, compared to analyst estimates of $208.67 million. Simmons First National had a net margin of 10.46% and a return on equity of 5.10%. Simmons First National’s revenue was up 17.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.40 EPS.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Jones Financial Companies Lllp bought a new position in shares of Simmons First National during the 4th quarter valued at $29,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Simmons First National during the fourth quarter valued at about $36,000. Quarry LP purchased a new position in shares of Simmons First National in the fourth quarter worth about $47,000. Smartleaf Asset Management LLC lifted its stake in shares of Simmons First National by 168.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,144 shares of the bank’s stock valued at $48,000 after acquiring an additional 1,345 shares during the last quarter. Finally, Sterling Capital Management LLC boosted its holdings in Simmons First National by 813.8% during the 4th quarter. Sterling Capital Management LLC now owns 3,911 shares of the bank’s stock valued at $87,000 after acquiring an additional 3,483 shares during the period. 27.58% of the stock is currently owned by institutional investors.

Simmons First National Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th were paid a dividend of $0.2125 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.85 annualized dividend and a yield of 4.65%. This is a positive change from Simmons First National’s previous quarterly dividend of $0.21. Simmons First National’s payout ratio is 70.25%.

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.