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How to buy South State Corporation stock | $72.3

Own South State Corporation stock in just a few minutes.

Fact checked

South State Corporation is a banks-regional business based in the US. South State Corporation shares (SSB) are listed on the NASDAQ and all prices are listed in US Dollars. South State Corporation employs 5,266 staff and has a trailing 12-month revenue of around USD$715.6 million.

How to buy shares in South State Corporation

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for South State Corporation. Find the stock by name or ticker symbol: SSB. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until South State Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$72.3, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of South State Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of South State Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

South State Corporation share price

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

South State Corporation shares at a glance

Information last updated 2020-12-29.
Latest market closeUSD$72.3
52-week rangeUSD$39.8522 - USD$85.3056
50-day moving average USD$71.9844
200-day moving average USD$57.5275
Wall St. target priceUSD$75.13
PE ratio 40.5763
Dividend yield USD$1.88 (2.54%)
Earnings per share (TTM) USD$1.822

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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 State Corporation 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 State Corporation price performance over time

Historical closes compared with the close of $72.3 from 2020-12-31

1 week (2021-01-12) N/A
1 month (2020-12-23) -3.04%
3 months (2020-10-19) N/A
6 months (2020-07-19) N/A
1 year (2020-01-19) N/A
2 years (2019-01-19) N/A
3 years (2018-01-19) N/A
5 years (2016-01-19) N/A

Is South State Corporation under- or over-valued?

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

South State Corporation's P/E ratio

South State 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 41x. In other words, South State Corporation shares trade at around 41x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

South State Corporation's PEG ratio

South State Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.61. 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 South State 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.

South State Corporation financials

Revenue TTM USD$715.6 million
Operating margin TTM 27.43%
Gross profit TTM USD$635.1 million
Return on assets TTM 0.31%
Return on equity TTM 2.41%
Profit margin 11.67%
Book value $64.354
Market capitalisation USD$5.2 billion

TTM: trailing 12 months

Shorting South State Corporation shares

There are currently 1.2 million South State Corporation shares held short by investors – that's known as South State Corporation's "short interest". This figure is 7.4% down from 1.3 million last month.

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

South State Corporation's "short interest ratio" (SIR)

South State Corporation's "short interest ratio" (SIR) is the quantity of South State Corporation shares currently shorted divided by the average quantity of South State Corporation shares traded daily (recently around 299635.5721393). South State Corporation's SIR currently stands at 4.02. In other words for every 100,000 South State Corporation shares traded daily on the market, roughly 4020 shares are currently held short.

However South State Corporation's short interest can also be evaluated against the total number of South State Corporation shares, or, against the total number of tradable South State Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case South State Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 South State Corporation shares in existence, roughly 20 shares are currently held short) or 0.0193% of the tradable shares (for every 100,000 tradable South State Corporation shares, roughly 19 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 State Corporation.

Find out more about how you can short South State Corporation stock.

South State Corporation share dividends

39%

Dividend payout ratio: 39.41% of net profits

Recently South State Corporation has paid out, on average, around 39.41% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.54% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), South State Corporation shareholders could enjoy a 2.54% return on their shares, in the form of dividend payments. In South State Corporation's case, that would currently equate to about $1.88 per share.

While South State Corporation's payout ratio might seem fairly standard, it's worth remembering that South State Corporation may be investing much of the rest of its net profits in future growth.

South State Corporation's most recent dividend payout was on 20 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 12 November 2020 (the "ex-dividend date").

Have South State Corporation's shares ever split?

South State Corporation's shares were split on a 105:100 basis on 7 March 2007. So if you had owned 100 shares the day before before the split, the next day you'd have owned 105 shares. This wouldn't directly have changed the overall worth of your South State Corporation shares – just the quantity. However, indirectly, the new 4.8% lower share price could have impacted the market appetite for South State Corporation shares which in turn could have impacted South State Corporation's share price.

South State Corporation share price volatility

Over the last 12 months, South State Corporation's shares have ranged in value from as little as $39.8522 up to $85.3056. A popular way to gauge a stock's volatility is its "beta".

SSB.US volatility(beta: 1.07)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 State Corporation's is 1.0714. This would suggest that South State 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).

South State Corporation overview

South State Corporation operates as the bank holding company for South State Bank that provides a range of retail and commercial banking services, mortgage lending services, and trust and wealth management services. The company accepts demand deposits, savings deposits, interest-bearing transaction accounts, checking accounts, money market accounts, certificates of deposit, and other time deposits. It also offers commercial real estate loans, residential real estate loans, commercial and industrial loans, and other consumer loans; lending and credit card services; and automated teller machines processing services. In addition, the company provides treasury management services, merchant services, debit card products, automated clearing house services, lock-box services, remote deposit capture services, and other treasury services. As of December 31, 2019, it served customers through 155 financial centers in 29 South Carolina counties, nine North Carolina counties, 17 Georgia counties, and four Virginia counties. The company was formerly known as First Financial Holdings, Inc. and changed its name to South State Corporation in July 2013. South State Corporation was founded in 1933 and is headquartered in Columbia, South Carolina.

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