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

Simmons First National Co. (NASDAQ:SFNC) – Equities researchers at DA Davidson lifted their FY2025 earnings estimates for Simmons First National in a note issued to investors on Thursday, January 23rd. DA Davidson analyst G. Tenner now anticipates that the bank will earn $1.91 per share for the year, up from their previous estimate of $1.51. The consensus estimate for Simmons First National’s current full-year earnings is $1.57 per share.

Simmons First National (NASDAQ:SFNC) last posted its quarterly earnings data 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. Simmons First National had a net margin of 10.46% and a return on equity of 5.10%. The company had revenue of $208.50 million for the quarter, compared to analyst estimates of $208.67 million. During the same period in the prior year, the company posted $0.40 EPS. The firm’s revenue for the quarter was up 17.4% on a year-over-year basis.

A number of other research firms have also weighed in on SFNC. Stephens reduced their target price on Simmons First National from $29.00 to $28.00 and set an “overweight” rating on the stock in a research note on Thursday, January 23rd. StockNews.com upgraded shares of Simmons First National from a “sell” rating to a “hold” rating in a report on Monday, October 21st.

Simmons First National Trading Down 0.2 %

Shares of NASDAQ SFNC opened at $22.83 on Monday. The business’s 50 day moving average price is $23.06 and its 200-day moving average price is $22.17. Simmons First National has a fifty-two week low of $16.03 and a fifty-two week high of $25.95. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.80 and a current ratio of 0.79. The company has a market cap of $2.87 billion, a price-to-earnings ratio of 18.87 and a beta of 0.87.

Hedge Funds Weigh In On Simmons First National

A number of large investors have recently added to or reduced their stakes in the company. FMR LLC grew its stake in Simmons First National by 5.5% during the 3rd quarter. FMR LLC now owns 7,778 shares of the bank’s stock worth $168,000 after buying an additional 403 shares during the last quarter. Covestor Ltd boosted its holdings in Simmons First National by 13.7% in the third quarter. Covestor Ltd now owns 4,129 shares of the bank’s stock worth $89,000 after acquiring an additional 497 shares in the last quarter. KBC Group NV boosted its holdings in Simmons First National by 29.0% in the third quarter. KBC Group NV now owns 4,648 shares of the bank’s stock worth $100,000 after acquiring an additional 1,045 shares in the last quarter. Jag Capital Management LLC increased its holdings in shares of Simmons First National by 1.2% during the third quarter. Jag Capital Management LLC now owns 119,236 shares of the bank’s stock valued at $2,568,000 after acquiring an additional 1,431 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Simmons First National by 5.2% during the second quarter. AQR Capital Management LLC now owns 35,456 shares of the bank’s stock valued at $623,000 after acquiring an additional 1,744 shares in the last quarter. 27.58% of the stock is currently owned by institutional investors.

Insider Transactions at Simmons First National

In other news, Chairman George Makris, Jr. sold 25,440 shares of the business’s stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $25.21, for a total value of $641,342.40. Following the completion of the transaction, the chairman now directly owns 608,347 shares of the company’s stock, valued at approximately $15,336,427.87. The trade was a 4.01 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Robert A. Fehlman sold 15,270 shares of the company’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $24.02, for a total value of $366,785.40. Following the sale, the chief executive officer now owns 156,357 shares of the company’s stock, valued at $3,755,695.14. This trade represents a 8.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 45,800 shares of company stock valued at $1,136,650. 1.91% of the stock is currently owned by corporate insiders.

Simmons First National Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, December 13th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 3.68%. The ex-dividend date was Friday, December 13th. Simmons First National’s dividend payout ratio is 69.42%.

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.