According to TipRanks, Rose is a 4-star analyst with an average return of 6.0% and a 44.86% success rate. Rose covers the Financial sector, focusing on stocks such as SouthState Corporation, Professional Holding, and Cullen/Frost Bankers.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for SouthState Corporation with a $97.00 average price target.
Based on SouthState Corporation’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $402.57 million and a net profit of $119.18 million. In comparison, last year the company earned a revenue of $347 million and had a net profit of $122.79 million
Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SSB in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
South State Corp. is a bank holding company. It provides banking services and products to customers through its subsidiary. The company was founded on February 22, 1985 and is headquartered in Columbia, SC.
Read More on SSB:
- Fly Intel: After-Hours Movers
- SouthState Corporation Reports Third Quarter 2022 Results, Declares Quarterly Cash Dividend
- South State reports Q3 adjusted EPS $1.89, consensus $1.83
- South State Chief Banking Officer Greg Lapointe to retire in December, 2023
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