SouthState Corporation (SSB)
SouthState Statistics
Share Statistics
SouthState has 101.36M shares outstanding. The number of shares has increased by 33.04% in one year.
| Shares Outstanding | 101.36M |
| Shares Change (YoY) | 33.04% |
| Shares Change (QoQ) | 32.86% |
| Owned by Institutions (%) | 90.67% |
| Shares Floating | 99.99M |
| Failed to Deliver (FTD) Shares | 83 |
| FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 3.62M, so 3.57% of the outstanding shares have been sold short.
| Short Interest | 3.62M |
| Short % of Shares Out | 3.57% |
| Short % of Float | 3.62% |
| Short Ratio (days to cover) | 6.96 |
Valuation Ratios
The PE ratio is 14.19 and the forward PE ratio is 9.09. SouthState's PEG ratio is 1.81.
| PE Ratio | 14.19 |
| Forward PE | 9.09 |
| PS Ratio | 3.54 |
| Forward PS | 2.9 |
| PB Ratio | 1.29 |
| P/FCF Ratio | 14.83 |
| PEG Ratio | 1.81 |
Enterprise Valuation
SouthState has an Enterprise Value (EV) of 7.17B.
| EV / Sales | 3.35 |
| EV / EBITDA | 0 |
| EV / EBIT | 14.01 |
| EV / FCF | 14.01 |
Financial Position
The company has a current ratio of 0, with a Debt / Equity ratio of 0.06.
| Current Ratio | 0 |
| Quick Ratio | 0 |
| Debt / Equity | 0.06 |
| Debt / EBITDA | - |
| Debt / FCF | 0.74 |
| Interest Coverage | 2.91 |
Financial Efficiency
Return on Equity is 9.08% and Return on Invested Capital is 21.49%.
| Return on Equity | 9.08% |
| Return on Assets | 1.15% |
| Return on Invested Capital | 21.49% |
| Revenue Per Employee | $429.47K |
| Profits Per Employee | $107.26K |
| Employee Count | 4,986 |
| Asset Turnover | 0.05 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 165.47M |
| Effective Tax Rate | 23.63% |
Stock Price Statistics
The stock price has increased by 9.94% in the last 52 weeks. The beta is 0.64, so SouthState's price volatility has been higher than the market average.
| Beta | 0.64 |
| 52-Week Price Change | 9.94% |
| 50-Day Moving Average | 94.73 |
| 200-Day Moving Average | 96.83 |
| Relative Strength Index (RSI) | 40.7 |
| Average Volume (20 Days) | 733.6K |
Income Statement
In the last 12 months, SouthState had revenue of 2.14B and earned 534.78M in profits. Earnings per share was 7.01.
| Revenue | 2.14B |
| Gross Profit | 2.14B |
| Operating Income | 2.12B |
| Net Income | 534.78M |
| EBITDA | 0 |
| EBIT | -56.7M |
| Earnings Per Share (EPS) | 7.01 |
Balance Sheet
The company has 798.29M in cash and 381.22M in debt, giving a net cash position of 417.07M.
| Cash & Cash Equivalents | 798.29M |
| Total Debt | 381.22M |
| Net Cash | 417.07M |
| Retained Earnings | 2.05B |
| Total Assets | 46.38B |
| Working Capital | 898.68M |
Cash Flow
In the last 12 months, operating cash flow was 511.96M and capital expenditures 0, giving a free cash flow of 511.96M.
| Operating Cash Flow | 511.96M |
| Capital Expenditures | 0 |
| Free Cash Flow | 511.96M |
| FCF Per Share | 6.71 |
Margins
Gross margin is 100%, with operating and profit margins of 98.81% and 24.97%.
| Gross Margin | 100% |
| Operating Margin | 98.81% |
| Pretax Margin | 32.7% |
| Profit Margin | 24.97% |
| EBITDA Margin | n/a |
| EBIT Margin | 98.81% |
| FCF Margin | 23.91% |
Dividends & Yields
SSB pays an annual dividend of $2.66, which amounts to a dividend yield of 2.01%.
| Dividend Per Share | $2.66 |
| Dividend Yield | 2.01% |
| Dividend Growth (YoY) | 3.85% |
| Payout Ratio | 38.16% |
| Earnings Yield | 7.05% |
| FCF Yield | 6.74% |
Analyst Forecast
The average price target for SSB is $115, which is 36.8% higher than the current price. The consensus rating is "Buy".
| Price Target | $115 |
| Price Target Difference | 36.8% |
| Analyst Consensus | Buy |
| Analyst Count | 10 |
Stock Splits
The last stock split was on Mar 7, 2007. It was a forward split with a ratio of 21:20.
| Last Split Date | Mar 7, 2007 |
| Split Type | forward |
| Split Ratio | 21:20 |
Scores
| Altman Z-Score | 0.24 |
| Piotroski F-Score | 5 |