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1st Source Corporation is a banks-regional business based in the US. 1st Source Corporation shares (SRCE) are listed on the NASDAQ and all prices are listed in US Dollars. 1st Source Corporation employs 1,175 staff and has a trailing 12-month revenue of around USD$289.3 million.
|Latest market close||USD$40.3|
|52-week range||USD$25.4221 - USD$50.5491|
|50-day moving average||USD$38.9659|
|200-day moving average||USD$35.0175|
|Wall St. target price||USD$43.67|
|Dividend yield||USD$1.12 (2.81%)|
|Earnings per share (TTM)||USD$2.99|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-08)||-4.73%|
|1 month (2020-12-15)||-1.15%|
|3 months (2020-10-15)||23.81%|
|6 months (2020-07-15)||15.27%|
|1 year (2020-01-15)||-20.96%|
|2 years (2019-01-15)||-5.78%|
|3 years (2018-01-12)||52.24|
|5 years (2016-01-15)||43.52%|
Valuing 1st Source Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of 1st Source Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
1st Source Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, 1st Source Corporation shares trade at around 13x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
1st Source Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.03. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into 1st Source Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Revenue TTM||USD$289.3 million|
|Operating margin TTM||37.12%|
|Gross profit TTM||USD$310.4 million|
|Return on assets TTM||1.1%|
|Return on equity TTM||8.8%|
|Market capitalisation||USD$1 billion|
TTM: trailing 12 months
There are currently 259,367 1st Source Corporation shares held short by investors – that's known as 1st Source Corporation's "short interest". This figure is 4% down from 270,291 last month.
There are a few different ways that this level of interest in shorting 1st Source Corporation shares can be evaluated.
1st Source Corporation's "short interest ratio" (SIR) is the quantity of 1st Source Corporation shares currently shorted divided by the average quantity of 1st Source Corporation shares traded daily (recently around 62498.072289157). 1st Source Corporation's SIR currently stands at 4.15. In other words for every 100,000 1st Source Corporation shares traded daily on the market, roughly 4150 shares are currently held short.
However 1st Source Corporation's short interest can also be evaluated against the total number of 1st Source Corporation shares, or, against the total number of tradable 1st Source Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case 1st Source Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 1st Source Corporation shares in existence, roughly 10 shares are currently held short) or 0.0162% of the tradable shares (for every 100,000 tradable 1st Source Corporation shares, roughly 16 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against 1st Source Corporation.
Find out more about how you can short 1st Source Corporation stock.
Dividend payout ratio: 37.83% of net profits
Recently 1st Source Corporation has paid out, on average, around 37.83% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.81% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), 1st Source Corporation shareholders could enjoy a 2.81% return on their shares, in the form of dividend payments. In 1st Source Corporation's case, that would currently equate to about $1.12 per share.
While 1st Source Corporation's payout ratio might seem fairly standard, it's worth remembering that 1st Source Corporation may be investing much of the rest of its net profits in future growth.
1st Source Corporation's most recent dividend payout was on 13 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 2 November 2020 (the "ex-dividend date").
1st Source Corporation's shares were split on a 110:100 basis on 3 August 2015. So if you had owned 100 shares the day before before the split, the next day you'd have owned 110 shares. This wouldn't directly have changed the overall worth of your 1st Source Corporation shares – just the quantity. However, indirectly, the new 9.1% lower share price could have impacted the market appetite for 1st Source Corporation shares which in turn could have impacted 1st Source Corporation's share price.
Over the last 12 months, 1st Source Corporation's shares have ranged in value from as little as $25.4221 up to $50.5491. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while 1st Source Corporation's is 1.1491. This would suggest that 1st Source Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
1st Source Corporation operates as the holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance to individual and business clients. Its consumer banking services include checking and savings accounts; certificates of deposit; individual retirement accounts; online and mobile banking products; consumer loans, real estate loans, and lines of credit; and financial planning, financial literacy, and other consultative services, as well as debit and credit cards. The company also offers commercial, small business, agricultural, and real estate loans for general corporate purposes, including financing for industrial and commercial properties, equipment, inventories, accounts receivables, and renewable energy and acquisition financing; and commercial leasing, treasury management, and retirement planning services. In addition, it provides a range of trust, investment, agency, and custodial services comprising administration of estates and personal trusts, as well as management of investment accounts for individuals, employee benefit plans, and charitable foundations. Further, the company offers equipment loan and lease products for new and used aircraft, auto and light trucks, construction equipment, and medium and heavy duty trucks; and leases construction equipment, various types of trucks, vans, automobiles, motor coaches, shuttle buses, and other equipment. Additionally, it provides corporate and personal property, casualty, and individual and group health and life insurance products and services; and investment advisory services to trust and investment clients. As of December 31, 2019, the company operated through 80 banking centers in 17 counties in Indiana and Michigan, and Sarasota County in Florida. 1st Source Corporation was founded in 1863 and is headquartered in South Bend, Indiana.
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