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

Simmons First National Co. (NASDAQ:SFNC) – Equities research analysts at DA Davidson raised their FY2025 earnings per share estimates for Simmons First National in a research report issued 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 prior forecast of $1.51. The consensus estimate for Simmons First National’s current full-year earnings is $1.57 per share.

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

Simmons First National Stock Up 0.6 %

Shares of Simmons First National stock opened at $22.53 on Monday. Simmons First National has a twelve month low of $16.03 and a twelve month high of $25.95. The company has a quick ratio of 0.80, a current ratio of 0.79 and a debt-to-equity ratio of 0.32. The company’s 50 day moving average is $23.11 and its 200 day moving average is $22.12. The company has a market cap of $2.83 billion, a price-to-earnings ratio of 18.62 and a beta of 0.87.

Simmons First National (NASDAQ:SFNC) last posted its earnings results on Tuesday, January 21st. The bank reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $208.50 million for the quarter, compared to analysts’ expectations of $208,673.17 billion. During the same quarter in the prior year, the business earned $0.40 EPS. The business’s revenue for the quarter was up 17.4% compared to the same quarter last year.

Institutional Investors Weigh In On Simmons First National

Several institutional investors and hedge funds have recently modified their holdings of SFNC. Farmers & Merchants Investments Inc. lifted its position in Simmons First National by 105.9% in the third quarter. Farmers & Merchants Investments Inc. now owns 3,888 shares of the bank’s stock worth $84,000 after buying an additional 2,000 shares during the last quarter. Covestor Ltd boosted its stake in shares of Simmons First National by 13.7% during the 3rd quarter. Covestor Ltd now owns 4,129 shares of the bank’s stock worth $89,000 after purchasing an additional 497 shares during the period. KBC Group NV grew its holdings in Simmons First National by 29.0% during the 3rd quarter. KBC Group NV now owns 4,648 shares of the bank’s stock valued at $100,000 after purchasing an additional 1,045 shares during the last quarter. FMR LLC raised its position in Simmons First National by 5.5% in the 3rd quarter. FMR LLC now owns 7,778 shares of the bank’s stock worth $168,000 after purchasing an additional 403 shares during the period. Finally, Profund Advisors LLC bought a new stake in Simmons First National in the second quarter worth about $183,000. Institutional investors own 27.58% of the company’s stock.

Insider Transactions at Simmons First National

In other Simmons First National news, CAO David W. Garner sold 5,090 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $25.25, for a total transaction 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 trade represents a 7.27 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman George Makris, Jr. sold 25,440 shares of the company’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 completion of the transaction, the chairman now directly owns 608,347 shares of the company’s stock, valued at approximately $15,336,427.87. This trade 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 in the last 90 days. 1.91% of the stock is currently owned by insiders.

Simmons First National Announces Dividend

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

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.