Wall Street brokerages expect Simmons First National Co. (NASDAQ:SFNC) to announce $0.58 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for Simmons First National’s earnings. The lowest EPS estimate is $0.57 and the highest is $0.58. Simmons First National posted earnings of $0.43 per share during the same quarter last year, which indicates a positive year over year growth rate of 34.9%. The business is scheduled to announce its next quarterly earnings results after the market closes on Monday, October 22nd.

On average, analysts expect that Simmons First National will report full-year earnings of $2.33 per share for the current fiscal year, with EPS estimates ranging from $2.30 to $2.35. For the next year, analysts anticipate that the firm will post earnings of $2.53 per share, with EPS estimates ranging from $2.50 to $2.55. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow Simmons First National.

Simmons First National (NASDAQ:SFNC) last released its quarterly earnings results on Monday, July 23rd. The bank reported $0.58 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.58. The business had revenue of $174.89 million for the quarter, compared to analysts’ expectations of $174.75 million. Simmons First National had a return on equity of 9.32% and a net margin of 21.66%.

A number of equities research analysts have commented on the company. BidaskClub cut Simmons First National from a “buy” rating to a “hold” rating in a report on Saturday, June 30th. Zacks Investment Research upgraded Simmons First National from a “hold” rating to a “buy” rating and set a $33.00 target price on the stock in a report on Friday, July 27th. ValuEngine cut Simmons First National from a “hold” rating to a “sell” rating in a report on Monday, July 2nd. Finally, Sandler O’Neill cut Simmons First National from a “buy” rating to a “hold” rating and set a $33.00 target price on the stock. in a report on Wednesday, July 25th. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $33.00.

In other Simmons First National news, Director Russell William Teubner sold 2,072 shares of the stock in a transaction on Monday, July 30th. The stock was sold at an average price of $30.12, for a total transaction of $62,408.64. Following the sale, the director now owns 1,498 shares in the company, valued at approximately $45,119.76. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.76% of the stock is currently owned by corporate insiders.

Large investors have recently made changes to their positions in the business. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Simmons First National by 184.0% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,820 shares of the bank’s stock worth $137,000 after purchasing an additional 3,123 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Simmons First National during the first quarter worth $155,000. Capital Fund Management S.A. acquired a new stake in shares of Simmons First National during the second quarter worth $227,000. LPL Financial LLC acquired a new stake in shares of Simmons First National during the first quarter worth $217,000. Finally, Diversified Trust Co boosted its holdings in shares of Simmons First National by 77.0% during the first quarter. Diversified Trust Co now owns 7,938 shares of the bank’s stock worth $226,000 after purchasing an additional 3,452 shares during the last quarter. Hedge funds and other institutional investors own 30.02% of the company’s stock.

Shares of SFNC traded down $0.90 on Wednesday, reaching $29.70. The stock had a trading volume of 410,700 shares, compared to its average volume of 390,942. The stock has a market cap of $2.83 billion, a P/E ratio of 17.54 and a beta of 1.09. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.02 and a quick ratio of 1.01. Simmons First National has a twelve month low of $27.08 and a twelve month high of $33.45.

The business also recently announced a quarterly dividend, which will be paid on Friday, October 5th. Shareholders of record on Friday, September 14th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date of this dividend is Thursday, September 13th. Simmons First National’s dividend payout ratio (DPR) is presently 35.09%.

Simmons First National Company Profile

Simmons First National Corporation operates as the holding company for Simmons Bank that provides financial products and services to individuals and businesses. It offers checking, savings, and time deposits; loan products, including consumer, real estate, commercial, agricultural, equipment, and SBA lending; personal and corporate trust services; credit cards; investment management products; insurance products; and securities and investment services.

Further Reading: Book Value Per Share – BVPS

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