NASDAQ:SPFI South Plains Financial (SPFI) Stock Price, News & Analysis → Like Tiny Crypto Retirement Funds (From Crypto 101 Media) (Ad) Free SPFI Stock Alerts $24.76 +0.06 (+0.24%) (As of 09:30 AM ET) Add Compare Share Share Today's Range$24.76▼$24.7650-Day Range$24.70▼$28.9952-Week Range$18.75▼$30.22Volume256 shsAverage Volume26,804 shsMarket Capitalization$406.56 millionP/E Ratio6.82Dividend Yield2.10%Price Target$29.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get South Plains Financial alerts: Email Address South Plains Financial MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside20.1% Upside$29.67 Price TargetShort InterestHealthy0.52% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.56Based on 7 Articles This WeekInsider TradingSelling Shares$3.73 M Sold Last QuarterProj. Earnings Growth7.08%From $2.40 to $2.57 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.70 out of 5 starsFinance Sector367th out of 890 stocksState Commercial Banks Industry84th out of 185 stocks 2.5 Analyst's Opinion Consensus RatingSouth Plains Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $29.67, South Plains Financial has a forecasted upside of 20.1% from its current price of $24.70.Amount of Analyst CoverageSouth Plains Financial has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.52% of the float of South Plains Financial has been sold short.Short Interest Ratio / Days to CoverSouth Plains Financial has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in South Plains Financial has recently increased by 17.44%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldSouth Plains Financial pays a meaningful dividend of 2.01%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSouth Plains Financial has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of South Plains Financial is 14.33%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, South Plains Financial will have a dividend payout ratio of 20.23% next year. This indicates that South Plains Financial will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SPFI. Previous Next 2.0 News and Social Media Coverage News SentimentSouth Plains Financial has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for South Plains Financial this week, compared to 1 article on an average week.MarketBeat FollowsOnly 1 people have added South Plains Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, South Plains Financial insiders have sold 359.88% more of their company's stock than they have bought. Specifically, they have bought $810,000.00 in company stock and sold $3,725,000.00 in company stock.Percentage Held by Insiders26.75% of the stock of South Plains Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 31.13% of the stock of South Plains Financial is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for South Plains Financial are expected to grow by 7.08% in the coming year, from $2.40 to $2.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of South Plains Financial is 6.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.99.Price to Earnings Ratio vs. SectorThe P/E ratio of South Plains Financial is 6.80, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.45.Price to Book Value per Share RatioSouth Plains Financial has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyUrgent new message from Porter StansberryI’ve been in the financial markets for close to three decades… Yet, I’ve never seen an opportunity that’s so urgent, so critical, and yet so overlooked than what is unfolding right now. You see, in one corner of the markets a financial anomaly has emerged that promises to be the single most important story of 2024.Click here now to get what could be the most urgent, and most lucrative research, my team has ever r About South Plains Financial Stock (NASDAQ:SPFI)South Plains Financial, Inc. operates as a bank holding company for City Bank that provides commercial and consumer financial services to small and medium-sized businesses and individuals. The company operates through two segments, Banking and Insurance. It offers deposit products, including demand deposit accounts, interest-bearing products, savings accounts, and certificate of deposits. The company also provides commercial real estate loans; general and specialized commercial loans, including agricultural production and real estate, energy, finance, investment, and insurance loans, as well as loans to goods, services, restaurant and retail, construction, and other industries; residential construction loans; and 1-4 family residential loans, auto loans, and other loans for recreational vehicles or other purposes. In addition, it offers crop insurance products; trust products and services; investment services; mortgage banking services; online and mobile banking services; and debit and credit cards. The company was founded in 1941 and is headquartered in Lubbock, Texas.Read More SPFI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SPFI Stock News HeadlinesMarch 14, 2024 | insidertrades.comCurtis C. Griffith Sells 100,000 Shares of South Plains Financial, Inc. (NASDAQ:SPFI) StockMarch 17, 2024 | americanbankingnews.comSouth Plains Financial, Inc. (NASDAQ:SPFI) Sees Significant Growth in Short InterestMarch 19, 2024 | Porter & Company (Ad)Urgent new message from Porter StansberryI’ve been in the financial markets for close to three decades… Yet, I’ve never seen an opportunity that’s so urgent, so critical, and yet so overlooked than what is unfolding right now. You see, in one corner of the markets a financial anomaly has emerged that promises to be the single most important story of 2024.March 15, 2024 | americanbankingnews.comSouth Plains Financial, Inc. (NASDAQ:SPFI) CEO Curtis C. Griffith Sells 100,000 SharesMarch 13, 2024 | globenewswire.comSouth Plains Financial, Inc. Publishes 2023 Community Impact ReportMarch 2, 2024 | finance.yahoo.comSouth Plains Financial Independent Director Acquires 26% More StockFebruary 26, 2024 | globenewswire.comSouth Plains Financial, Inc. Announces Stock Repurchase ProgramFebruary 21, 2024 | benzinga.comSouth Plains Financial Stock (NASDAQ:SPFI) Earnings Dates and Earning CallsMarch 19, 2024 | Porter & Company (Ad)Urgent new message from Porter StansberryI’ve been in the financial markets for close to three decades… Yet, I’ve never seen an opportunity that’s so urgent, so critical, and yet so overlooked than what is unfolding right now. You see, in one corner of the markets a financial anomaly has emerged that promises to be the single most important story of 2024.February 12, 2024 | benzinga.comEmpowering Shareholders with Growth: South Plains Financial Enhances Performance and Reports Rising ProfitsFebruary 6, 2024 | ca.finance.yahoo.comSPFI Feb 2024 40.000 callJanuary 27, 2024 | finance.yahoo.comQ4 2023 South Plains Financial Inc Earnings CallJanuary 27, 2024 | finance.yahoo.comSouth Plains Financial Full Year 2023 Earnings: Revenues Beat Expectations, EPS In LineJanuary 27, 2024 | finance.yahoo.comSouth Plains Financial, Inc. (NASDAQ:SPFI) Q4 2023 Earnings Call TranscriptJanuary 26, 2024 | finance.yahoo.comSouth Plains Financial, Inc. Reports Fourth Quarter and Year-End 2023 Financial ResultsJanuary 26, 2024 | finance.yahoo.comSouth Plains Financial Inc. Reports Mixed Results Amid Economic ChallengesJanuary 26, 2024 | finance.yahoo.comCompared to Estimates, South Plains Financial (SPFI) Q4 Earnings: A Look at Key MetricsJanuary 25, 2024 | benzinga.comA Preview Of South Plains Financial's EarningsJanuary 23, 2024 | finance.yahoo.comCountdown to South Plains Financial (SPFI) Q4 Earnings: A Look at Estimates Beyond Revenue and EPSJanuary 23, 2024 | benzinga.comSouth Plains Financial: Dividend InsightsJanuary 22, 2024 | finance.yahoo.comSouth Plains Financial (NASDAQ:SPFI) Will Pay A Dividend Of $0.13January 16, 2024 | finance.yahoo.comSouth Plains Financial, Inc. Announces Fourth Quarter and Full Year 2023 Earnings CallJanuary 3, 2024 | finance.yahoo.comWith EPS Growth And More, South Plains Financial (NASDAQ:SPFI) Makes An Interesting CaseDecember 14, 2023 | finance.yahoo.comStrength Seen in Cadence (CADE): Can Its 6.0% Jump Turn into More Strength?November 28, 2023 | finance.yahoo.comWhat Makes South Plains Financial (SPFI) a New Buy StockOctober 27, 2023 | finance.yahoo.comSouth Plains Financial Inc's Dividend AnalysisOctober 25, 2023 | finance.yahoo.comQ3 2023 South Plains Financial Inc Earnings CallSee More Headlines Receive SPFI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for South Plains Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings1/26/2024Ex-Dividend for 2/12 Dividend1/26/2024Dividend Payable2/12/2024Today3/18/2024Next Earnings (Estimated)4/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryN/A Current SymbolNASDAQ:SPFI CUSIPN/A CIK1163668 Webwww.spfi.bank Phone(806) 792-7101FaxN/AEmployees600Year FoundedN/APrice Target and Rating Average Stock Price Target$29.67 High Stock Price Target$31.00 Low Stock Price Target$28.00 Potential Upside/Downside+20.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$3.63 Trailing P/E Ratio6.80 Forward P/E Ratio10.29 P/E GrowthN/ANet Income$62.74 million Net Margins21.54% Pretax Margin29.02% Return on Equity11.28% Return on Assets1.03% Debt Debt-to-Equity Ratio0.33 Current Ratio0.91 Quick Ratio0.90 Sales & Book Value Annual Sales$291.26 million Price / Sales1.39 Cash Flow$4.00 per share Price / Cash Flow6.17 Book Value$21.00 per share Price / Book1.18Miscellaneous Outstanding Shares16,420,000Free Float12,172,000Market Cap$405.57 million OptionableOptionable Beta0.56 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Curtis C. Griffith (Age 71)Chairman & CEO Comp: $911.84kMr. Cory T. Newsom (Age 56)President & Director Comp: $1.43MMr. Steven B. Crockett (Age 51)CFO & Treasurer Comp: $573.47kMs. Mikella D. Newsom (Age 49)Chief Risk Officer & Secretary Mr. Kelly L. Deterding (Age 65)President of Windmark Insurance & Senior VP of Insurance Development of City Bank Comp: $642.35kKey CompetitorsCNB FinancialNASDAQ:CCNEMetropolitan BankNYSE:MCBWashington Trust BancorpNASDAQ:WASHFive Star BancorpNASDAQ:FSBCFirst FinancialNASDAQ:THFFView All CompetitorsInsiders & InstitutionsCurtis C GriffithSold 100,000 sharesTotal: $2.48 M ($24.75/share)Vanguard Group Inc.Sold 32,632 shares on 3/11/2024Ownership: 3.213%Goldman Sachs Group Inc.Sold 1,339 shares on 3/1/2024Ownership: 0.054%Curtis C GriffithSold 50,000 sharesTotal: $1.25 M ($25.00/share)Bridgeway Capital Management LLCBought 7,872 shares on 2/15/2024Ownership: 1.139%View All Insider TransactionsView All Institutional Transactions SPFI Stock Analysis - Frequently Asked Questions Should I buy or sell South Plains Financial stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for South Plains Financial in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SPFI shares. View SPFI analyst ratings or view top-rated stocks. What is South Plains Financial's stock price target for 2024? 2 brokerages have issued twelve-month target prices for South Plains Financial's shares. Their SPFI share price targets range from $28.00 to $31.00. On average, they predict the company's stock price to reach $29.67 in the next year. This suggests a possible upside of 20.1% from the stock's current price. View analysts price targets for SPFI or view top-rated stocks among Wall Street analysts. How have SPFI shares performed in 2024? South Plains Financial's stock was trading at $28.96 at the start of the year. Since then, SPFI shares have decreased by 14.7% and is now trading at $24.70. View the best growth stocks for 2024 here. Are investors shorting South Plains Financial? South Plains Financial saw a increase in short interest during the month of February. As of February 29th, there was short interest totaling 60,600 shares, an increase of 17.4% from the February 14th total of 51,600 shares. Based on an average daily trading volume, of 26,800 shares, the short-interest ratio is currently 2.3 days. Approximately 0.5% of the company's stock are short sold. View South Plains Financial's Short Interest. When is South Plains Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our SPFI earnings forecast. How were South Plains Financial's earnings last quarter? South Plains Financial, Inc. (NASDAQ:SPFI) posted its quarterly earnings data on Friday, January, 26th. The company reported $0.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by $0.04. The business earned $66.38 million during the quarter, compared to analysts' expectations of $47.25 million. South Plains Financial had a net margin of 21.54% and a trailing twelve-month return on equity of 11.28%. During the same period in the previous year, the company posted $0.71 EPS. How often does South Plains Financial pay dividends? What is the dividend yield for South Plains Financial? South Plains Financial declared a quarterly dividend on Thursday, January 18th. Stockholders of record on Monday, January 29th will be paid a dividend of $0.13 per share on Monday, February 12th. This represents a $0.52 annualized dividend and a yield of 2.11%. The ex-dividend date is Friday, January 26th. Read our dividend analysis for SPFI. Is South Plains Financial a good dividend stock? South Plains Financial (NASDAQ:SPFI) pays an annual dividend of $0.52 per share and currently has a dividend yield of 2.01%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 14.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SPFI will have a dividend payout ratio of 20.23% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SPFI. What ETF holds South Plains Financial's stock? Roundhill Acquirers Deep Value ETF holds 15,897 shares of SPFI stock, representing 1.06% of its portfolio. What is Cory Newsom's approval rating as South Plains Financial's CEO? 15 employees have rated South Plains Financial Chief Executive Officer Cory Newsom on Glassdoor.com. Cory Newsom has an approval rating of 76% among the company's employees. What other stocks do shareholders of South Plains Financial own? Based on aggregate information from My MarketBeat watchlists, some companies that other South Plains Financial investors own include Main Street Capital (MAIN), Boeing (BA), General Motors (GM), NVIDIA (NVDA), Overstock.com (OSTK), Pure Storage (PSTG), Riot Platforms (RIOT), CalAmp (CAMP), Delphi Technologies (DLPH) and DocuSign (DOCU). When did South Plains Financial IPO? (SPFI) raised $63 million in an initial public offering (IPO) on Thursday, May 9th 2019. The company issued 3,400,000 shares at a price of $17.50-$19.50 per share. Keefe, Bruyette & Woods (A Stifel Company) and Sandler O’Neill + Partners served as the underwriters for the IPO. Who are South Plains Financial's major shareholders? South Plains Financial's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (3.21%), Vanguard Group Inc. (3.21%), Dimensional Fund Advisors LP (1.91%), Bridgeway Capital Management LLC (1.14%), Polaris Capital Management LLC (1.01%) and Keeley Teton Advisors LLC (0.83%). Insiders that own company stock include Cory T Newsom, Curtis C Griffith, Noe G Valles and Richard D Campbell. View institutional ownership trends. How do I buy shares of South Plains Financial? Shares of SPFI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:SPFI) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial MetalsLike Tiny Crypto Retirement FundsCrypto 101 MediaBiden out June 13?Paradigm PressMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThe world’s greatest investmentPorter & CompanyBuy this small stock before coming AI Tidal WaveChaikin AnalyticsStock-Picking AI Predicts #1 Stock of 2024Altimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding South Plains Financial, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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