What is DA Davidson’s Forecast for SFNC FY2025 Earnings?

Simmons First National Co. (NASDAQ:SFNC) – DA Davidson lowered their FY2025 earnings per share estimates for Simmons First National in a research report issued on Thursday, December 19th. DA Davidson analyst G. Tenner now forecasts that the bank will post earnings of $1.51 per share for the year, down from their previous estimate of $1.56. The consensus estimate for Simmons First National’s current full-year earnings is $1.33 per share.

Simmons First National (NASDAQ:SFNC) last announced its quarterly earnings data on Friday, October 18th. The bank reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.04. Simmons First National had a return on equity of 5.15% and a net margin of 8.94%. The company had revenue of $203.20 million during the quarter, compared to the consensus estimate of $204.91 million. During the same period in the previous year, the company posted $0.39 EPS. The firm’s revenue was up 3.6% on a year-over-year basis.

Other equities research analysts have also issued research reports about the company. StockNews.com upgraded Simmons First National from a “sell” rating to a “hold” rating in a research note on Monday, October 21st. Stephens upgraded Simmons First National from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $27.00 to $28.00 in a research report on Monday, October 21st. One research 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. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $23.00.

Simmons First National Stock Performance

Shares of NASDAQ SFNC opened at $22.49 on Monday. The stock has a market cap of $2.82 billion, a PE ratio of 22.05 and a beta of 0.86. Simmons First National has a 1 year low of $16.03 and a 1 year high of $25.95. The firm has a fifty day moving average price of $23.89 and a 200-day moving average price of $21.19. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.80 and a quick ratio of 0.80.

Simmons First National Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, December 13th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.73%. Simmons First National’s payout ratio is 82.35%.

Insider Transactions at Simmons First National

In other Simmons First National news, Chairman George Makris, Jr. sold 25,440 shares of the stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $25.21, for a total transaction of $641,342.40. Following the completion of the transaction, the chairman now owns 608,347 shares in the company, valued at $15,336,427.87. This trade represents a 4.01 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO David W. Garner sold 5,090 shares of Simmons First National stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $25.25, for a total transaction of $128,522.50. Following the completion of the transaction, the chief accounting officer now directly owns 64,966 shares of the company’s stock, valued at $1,640,391.50. The trade was a 7.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 45,800 shares of company stock valued at $1,136,650. 1.91% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SFNC. FMR LLC raised its position in Simmons First National by 5.5% during the third quarter. FMR LLC now owns 7,778 shares of the bank’s stock valued at $168,000 after purchasing an additional 403 shares during the period. Covestor Ltd raised its holdings in Simmons First National by 13.7% during the 3rd quarter. Covestor Ltd now owns 4,129 shares of the bank’s stock valued at $89,000 after buying an additional 497 shares during the period. 1900 Wealth Management LLC lifted its position in Simmons First National by 1.1% in the second quarter. 1900 Wealth Management LLC now owns 48,948 shares of the bank’s stock worth $860,000 after buying an additional 533 shares during the last quarter. Arizona State Retirement System boosted its stake in Simmons First National by 2.0% during the second quarter. Arizona State Retirement System now owns 35,085 shares of the bank’s stock worth $617,000 after buying an additional 686 shares during the period. Finally, KBC Group NV increased its position in Simmons First National by 29.0% during the third quarter. KBC Group NV now owns 4,648 shares of the bank’s stock valued at $100,000 after acquiring an additional 1,045 shares during the last quarter. Institutional investors own 27.58% 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.