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How to buy South Plains Financial (SPFI) stock

Learn how to easily invest in South Plains Financial stock.

South Plains Financial, Inc
NASDAQ: SPFI - USD
BANKS-REGIONAL
$23.46
-$0.12 (-0.51%)

South Plains Financial, Inc is a banks-regional business based in the US. South Plains Financial shares (SPFI) are listed on the NASDAQ and all prices are listed in US Dollars. South Plains Financial employs 661 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in South Plains Financial

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – SPFI – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

South Plains Financial stock price (NASDAQ: SPFI)

Use our graph to track the performance of SPFI stocks over time.

South Plains Financial shares at a glance

Information last updated 2021-07-23.
Latest market close$23.46
52-week range$11.41 - $25.00
50-day moving average $23.52
200-day moving average $22.05
Wall St. target price$28.75
PE ratio 8.033
Dividend yield $0.16 (0.68%)
Earnings per share (TTM) $2.91

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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.

Is it a good time to buy South Plains Financial stock?

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.

South Plains Financial price performance over time

Historical closes compared with the close of $23.46 from 2021-05-28

1 week (2021-07-16) N/A
1 month (2021-06-25) 0.60%
3 months (2021-04-27) 9.42%
6 months (2021-01-23) N/A
1 year (2020-07-23) N/A
2 years (2019-07-23) N/A
3 years (2018-07-23) N/A
5 years (2016-07-23) N/A

Is South Plains Financial under- or over-valued?

Valuing South Plains Financial stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of South Plains Financial's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

South Plains Financial's P/E ratio

South Plains Financial's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, South Plains Financial shares trade at around 8x 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.

South Plains Financial financials

Revenue TTM $211.4 million
Operating margin TTM 31.53%
Gross profit TTM $198.3 million
Return on assets TTM 1.54%
Return on equity TTM 15.23%
Profit margin 25.27%
Book value $20.75
Market capitalisation $422 million

TTM: trailing 12 months

Shorting South Plains Financial shares

There are currently 51,633 South Plains Financial shares held short by investors – that's known as South Plains Financial's "short interest". This figure is 29.7% down from 73,418 last month.

There are a few different ways that this level of interest in shorting South Plains Financial shares can be evaluated.

South Plains Financial's "short interest ratio" (SIR)

South Plains Financial's "short interest ratio" (SIR) is the quantity of South Plains Financial shares currently shorted divided by the average quantity of South Plains Financial shares traded daily (recently around 25688.059701493). South Plains Financial's SIR currently stands at 2.01. In other words for every 100,000 South Plains Financial shares traded daily on the market, roughly 2010 shares are currently held short.

However South Plains Financial's short interest can also be evaluated against the total number of South Plains Financial shares, or, against the total number of tradable South Plains Financial shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case South Plains Financial's short interest could be expressed as 0% of the outstanding shares (for every 100,000 South Plains Financial shares in existence, roughly 0 shares are currently held short) or 0.0048% of the tradable shares (for every 100,000 tradable South Plains Financial shares, roughly 5 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 South Plains Financial.

Find out more about how you can short South Plains Financial stock.

South Plains Financial share dividends

7%

Dividend payout ratio: 6.85% of net profits

Recently South Plains Financial has paid out, on average, around 6.85% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.21% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), South Plains Financial shareholders could enjoy a 1.21% return on their shares, in the form of dividend payments. In South Plains Financial's case, that would currently equate to about $0.16 per share.

While South Plains Financial's payout ratio might seem low, this can signify that South Plains Financial is investing more in its future growth.

South Plains Financial's most recent dividend payout was on 16 May 2021. The latest dividend was paid out to all shareholders who bought their shares by 29 April 2021 (the "ex-dividend date").

South Plains Financial share price volatility

Over the last 12 months, South Plains Financial's shares have ranged in value from as little as $11.4149 up to $25.0029. A popular way to gauge a stock's volatility is its "beta".

SPFI.US volatility(beta: 0.67)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while South Plains Financial's is 0.6724. This would suggest that South Plains Financial's shares are less volatile than average (for this exchange).

South Plains Financial overview

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, Community 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 operates 25 full-service banking locations; and 13 loan production offices located throughout Texas and Eastern New Mexico.

Frequently asked questions

What percentage of South Plains Financial is owned by insiders or institutions?
Currently 39.848% of South Plains Financial shares are held by insiders and 24.023% by institutions.
How many people work for South Plains Financial?
Latest data suggests 661 work at South Plains Financial.
When does the fiscal year end for South Plains Financial?
South Plains Financial's fiscal year ends in December.
Where is South Plains Financial based?
South Plains Financial's address is: 5219 City Bank Parkway, Lubbock, TX, United States, 79407
What is South Plains Financial's ISIN number?
South Plains Financial's international securities identification number is: US83946P1075
What is South Plains Financial's CUSIP number?
South Plains Financial's Committee on Uniform Securities Identification Procedures number is: 83946P107

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