The stock of SouthState Corporation (NYSE:SSB) last traded at $90.98, down -1.00% from the previous session.
SSB stock price is now 2.89% away from the 50-day moving average and -5.74% away from the 200-day moving average. The market capitalization of the company currently stands at $9.23B.
With the price target of $110, Jefferies recently initiated with Buy rating for SouthState Corporation (NYSE: SSB). On May 13, 2025, Truist recently initiated its ‘Buy’ rating on the stock quoting a target price of $106, while ‘Raymond James’ rates the stock as ‘Strong Buy’
In other news, Froetscher Janet P, Director bought 2,717 shares of the company’s stock on Mar 10 ’25. The stock was bought for $250,018 at an average price of $92.02. Upon completion of the transaction, the Director now directly owns 4,689 shares in the company, valued at $0.43 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 06 ’25, Director SMITH G STACY bought 3,100 shares of the business’s stock. A total of $290,160 was incurred on buying the stock at an average price of $93.60. This leaves the insider owning 36,779 shares of the company worth $3.35 million. A total of 1.32% of the company’s stock is owned by insiders.
During the past 12 months, SouthState Corporation has had a low of $72.96 and a high of $114.26. According to the stock market information, the enterprise value for the company is $8531569664, which is based on a 14.35 price-to-earnings ratio, a 1.01 price-to-earnings-growth ratio, and a beta of 0.76. The fifty day moving average price for SSB is $88.4206 and a two-hundred day moving average price translates $96.5159 for the stock.
The latest earnings results from SouthState Corporation (NYSE: SSB) was released for 2025-03-31. The net profit margin was 20.23% and return on equity was 7.18% for SSB. The company reported revenue of $808.57 million for the quarter, compared to $517.25 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 56.32 percent.
