DA Davidson Has Pessimistic Outlook of SFNC FY2025 Earnings

Simmons First National Co. (NASDAQ:SFNC) – Analysts at DA Davidson dropped their FY2025 EPS estimates for shares of Simmons First National in a report released on Thursday, December 19th. DA Davidson analyst G. Tenner now expects that the bank will post earnings per share of $1.51 for the year, down from their prior 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 issued its quarterly earnings data on Friday, October 18th. The bank reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.04. Simmons First National had a net margin of 8.94% and a return on equity of 5.15%. The business had revenue of $203.20 million during the quarter, compared to the consensus estimate of $204.91 million. During the same quarter in the previous year, the firm earned $0.39 EPS. The company’s revenue was up 3.6% compared to the same quarter last year.

SFNC has been the subject of several other reports. StockNews.com raised Simmons First National from a “sell” rating to a “hold” rating in a report on Monday, October 21st. Stephens upgraded shares of Simmons First National from an “equal weight” rating to an “overweight” rating and upped their price objective 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 assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $23.00.

Simmons First National Stock Up 0.4 %

Shares of NASDAQ:SFNC opened at $22.50 on Monday. Simmons First National has a 1-year low of $16.03 and a 1-year high of $25.95. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.80 and a quick ratio of 0.80. The stock has a market cap of $2.83 billion, a P/E ratio of 22.06 and a beta of 0.86. The firm has a fifty day moving average price of $23.88 and a 200 day moving average price of $21.23.

Institutional Trading of Simmons First National

Several large investors have recently added to or reduced their stakes in SFNC. Quest Partners LLC grew its holdings in Simmons First National by 113,111.0% during the 2nd quarter. Quest Partners LLC now owns 82,644 shares of the bank’s stock valued at $1,453,000 after purchasing an additional 82,571 shares in the last quarter. Dark Forest Capital Management LP purchased a new position in Simmons First National in the 2nd quarter valued at about $479,000. Dimensional Fund Advisors LP boosted its position in Simmons First National by 6.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 7,323,934 shares of the bank’s stock valued at $128,752,000 after buying an additional 413,459 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Simmons First National by 4.4% during the third quarter. Principal Financial Group Inc. now owns 646,325 shares of the bank’s stock valued at $13,922,000 after acquiring an additional 27,479 shares in the last quarter. Finally, Legato Capital Management LLC purchased a new stake in shares of Simmons First National during the second quarter worth about $269,000. 27.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Simmons First National news, CAO David W. Garner sold 5,090 shares of Simmons First National stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $25.25, for a total value of $128,522.50. Following the completion of the sale, the chief accounting officer now owns 64,966 shares in the company, valued at $1,640,391.50. The trade was a 7.27 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Robert A. Fehlman sold 15,270 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $24.02, for a total transaction of $366,785.40. Following the completion of the sale, the chief executive officer now owns 156,357 shares of the company’s stock, valued at approximately $3,755,695.14. The trade was a 8.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 45,800 shares of company stock worth $1,136,650. 1.91% of the stock is owned by insiders.

Simmons First National Announces Dividend

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

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.