SouthState Corporation (NYSE: SSB) on Tuesday, soared 3.51% from the previous trading day, before settling in for the closing price of $92.03. Within the past 52 weeks, SSB’s price has moved between $74.69 and $114.26.
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During the last 5-year period, the sales growth of Financial Sector giant was 5.39%. The company achieved an average annual earnings per share of -0.47%. With a float of $100.16 million, this company’s outstanding shares have now reached $101.48 million.
Let’s determine the extent of company efficiency that accounts for 4986 employees. In terms of profitability, gross margin is 65.89%, operating margin of 24.75%, and the pretax margin is 24.75%.
SouthState Corporation (SSB) Insider Activity
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of SouthState Corporation is 1.32%, while institutional ownership is 88.16%. The most recent insider transaction that took place on Mar 10 ’25, was worth 250,018. In this transaction Director of this company bought 2,717 shares at a rate of $92.02, taking the stock ownership to the 4,689 shares. Before that another transaction happened on Mar 06 ’25, when Company’s Director bought 3,100 for $93.60, making the entire transaction worth $290,160. This insider now owns 36,779 shares in total.
SouthState Corporation (SSB) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -0.47% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.22% during the next five years compared to 5.39% growth over the previous five years of trading.
SouthState Corporation (NYSE: SSB) Trading Performance Indicators
SouthState Corporation (SSB) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.34, a number that is poised to hit 1.85 in the next quarter and is forecasted to reach 9.22 in one year’s time.
Technical Analysis of SouthState Corporation (SSB)
Looking closely at SouthState Corporation (NYSE: SSB), its last 5-days average volume was 4.04 million, which is a jump from its year-to-date volume of 0.94 million. As of the previous 9 days, the stock’s Stochastic %D was 87.27%.
During the past 100 days, SouthState Corporation’s (SSB) raw stochastic average was set at 57.56%, which indicates a significant decrease from 95.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.86% in the past 14 days, which was lower than the 35.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $88.79, while its 200-day Moving Average is $96.53. However, in the short run, SouthState Corporation’s stock first resistance to watch stands at $96.87. Second resistance stands at $98.49. The third major resistance level sits at $101.15. If the price goes on to break the first support level at $92.59, it is likely to go to the next support level at $89.93. Should the price break the second support level, the third support level stands at $88.31.
SouthState Corporation (NYSE: SSB) Key Stats
Market capitalization of the company is 9.67 billion based on 101,493K outstanding shares. Right now, sales total 2,444 M and income totals 534,780 K. The company made 894,650 K in profit during its latest quarter, and 89,080 K in sales during its previous quarter.
