In a report issued on May 5, David George from Robert W. Baird maintained a Hold rating on Simmons 1st Nat’l (SFNC – Research Report), with a price target of $29.00. The company’s shares closed last Friday at $24.94.
According to TipRanks.com, George is a 5-star analyst with an average return of 10.0% and a 60.5% success rate. George covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Capital One Financial, and Huntington Bancshares.
Currently, the analyst consensus on Simmons 1st Nat’l is a Hold with an average price target of $27.50, which is a 9.2% upside from current levels. In a report issued on April 29, Piper Sandler also maintained a Hold rating on the stock with a $26.00 price target.
Based on Simmons 1st Nat’l’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $188 million and net profit of $65.1 million. In comparison, last year the company earned revenue of $194 million and had a net profit of $67.42 million.
Based on the recent corporate insider activity of 158 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SFNC 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.
Simmons First National Corp. is a financial holding company, which engages in the provision of banking and other financial products and services to individual and corporate customers. It conducts banking operations in communities throughout Arkansas, Colorado, Illinois, Kansas, Missouri, Oklahoma, Tennessee and Texas. The firm offers consumer, real estate and commercial loans; checking, savings and time deposits; and specialized products and services, such as credit cards, trust and fiduciary services, investments, agricultural finance lending, equipment lending, insurance and small business administration. The company was founded on March 23, 1903 and is headquartered in Pine Bluff, AR.
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