SouthState Statistics
Total Valuation
SouthState has a market cap or net worth of $6.16 billion. The enterprise value is $5.90 billion.
| Market Cap | 6.16B |
| Enterprise Value | 5.90B |
Important Dates
The last earnings date was Thursday, April 25, 2024, after market close.
| Earnings Date | Apr 25, 2024 |
| Ex-Dividend Date | May 9, 2024 |
Share Statistics
SouthState has 76.19 million shares outstanding. The number of shares has increased by 0.35% in one year.
| Shares Outstanding | 76.19M |
| Shares Change (YoY) | +0.35% |
| Shares Change (QoQ) | +0.10% |
| Owned by Insiders (%) | 0.98% |
| Owned by Institutions (%) | 89.50% |
| Float | 75.32M |
Valuation Ratios
The trailing PE ratio is 13.19 and the forward PE ratio is 12.17. SouthState's PEG ratio is 1.61.
| PE Ratio | 13.19 |
| Forward PE | 12.17 |
| PS Ratio | 3.83 |
| Forward PS | 3.49 |
| PB Ratio | 1.11 |
| P/FCF Ratio | 8.30 |
| PEG Ratio | 1.61 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.89, with an EV/FCF ratio of 7.94.
| EV / Earnings | 12.56 |
| EV / Sales | 3.67 |
| EV / EBITDA | 8.89 |
| EV / EBIT | 9.74 |
| EV / FCF | 7.94 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.17 |
| Debt / EBITDA | 1.43 |
| Debt / FCF | 1.28 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 8.70% and return on invested capital (ROIC) is 7.23%.
| Return on Equity (ROE) | 8.70% |
| Return on Assets (ROA) | 1.00% |
| Return on Capital (ROIC) | 7.23% |
| Revenue Per Employee | $317,300 |
| Profits Per Employee | $92,591 |
| Employee Count | 5,070 |
| Asset Turnover | 0.04 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, SouthState has paid $135.91 million in taxes.
| Income Tax | 135.91M |
| Effective Tax Rate | 22.45% |
Stock Price Statistics
The stock price has increased by +25.41% in the last 52 weeks. The beta is 0.75, so SouthState's price volatility has been lower than the market average.
| Beta (1Y) | 0.75 |
| 52-Week Price Change | +25.41% |
| 50-Day Moving Average | 80.24 |
| 200-Day Moving Average | 76.97 |
| Relative Strength Index (RSI) | 54.14 |
| Average Volume (30 Days) | 390,926 |
Short Selling Information
The latest short interest is 4.56 million, so 5.98% of the outstanding shares have been sold short.
| Short Interest | 4.56M |
| Short Previous Month | 4.87M |
| Short % of Shares Out | 5.98% |
| Short % of Float | 6.05% |
| Short Ratio (days to cover) | 6.19 |
Income Statement
In the last 12 months, SouthState had revenue of $1.61 billion and earned $469.44 million in profits. Earnings per share was $6.13.
| Revenue | 1.61B |
| Gross Profit | 1.61B |
| Operating Income | 605.35M |
| Pretax Income | 605.35M |
| Net Income | 469.44M |
| EBITDA | 663.24M |
| EBIT | 605.35M |
| Earnings Per Share (EPS) | $6.13 |
Balance Sheet
The company has $1.21 billion in cash and $946.50 million in debt, giving a net cash position of $262.95 million or $3.45 per share.
| Cash & Cash Equivalents | 1.21B |
| Total Debt | 946.50M |
| Net Cash | 262.95M |
| Net Cash Per Share | $3.45 |
| Equity / Book Value | 5.55B |
| Book Value Per Share | 72.81 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $765.04 million and capital expenditures -$22.74 million, giving a free cash flow of $742.30 million.
| Operating Cash Flow | 765.04M |
| Capital Expenditures | -22.74M |
| Free Cash Flow | 742.30M |
| FCF Per Share | $9.73 |
Margins
Gross margin is 100.00%, with operating and profit margins of 37.63% and 29.18%.
| Gross Margin | 100.00% |
| Operating Margin | 37.63% |
| Pretax Margin | 37.63% |
| Profit Margin | 29.18% |
| EBITDA Margin | 41.23% |
| EBIT Margin | 37.63% |
| FCF Margin | 46.14% |
Dividends & Yields
This stock pays an annual dividend of $2.08, which amounts to a dividend yield of 2.57%.
| Dividend Per Share | $2.08 |
| Dividend Yield | 2.57% |
| Dividend Growth (YoY) | 4.00% |
| Years of Dividend Growth | 12 |
| Payout Ratio | 33.93% |
| Buyback Yield | -0.35% |
| Shareholder Yield | 2.22% |
| Earnings Yield | 7.62% |
| FCF Yield | 12.05% |
Analyst Forecast
The average price target for SouthState is $89.80, which is 11.07% higher than the current price. The consensus rating is "Buy".
| Price Target | $89.80 |
| Price Target Difference | 11.07% |
| Analyst Consensus | Buy |
| Analyst Count | 6 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on March 7, 2007. It was a forward split with a ratio of 105:100.
| Last Split Date | Mar 7, 2007 |
| Split Type | Forward |
| Split Ratio | 105:100 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |