Southstate Corporation Intrinsic Value Calculator – SouthState Co. Receives “Moderate Buy” Consensus Rating from Analysts

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SOUTHSTATE ($NASDAQ:SSB): SouthState Corporation is a financial holding company headquartered in South Carolina. The company operates through its subsidiaries, providing a wide range of banking and financial services to its customers. Its services include retail and commercial banking, mortgage lending, wealth management, and insurance. The company also offers technology solutions to help businesses and individuals manage their finances more efficiently. Recently, SouthState Co. has received a “Moderate Buy” consensus rating from financial analysts. Nine analysts have covered the company and based on their opinions, the average recommendation is to “Moderate Buy” SouthState Co. stock. One of the reasons for this “Moderate Buy” rating may be the company’s strong financial performance. In its most recent quarterly report, SouthState Co. reported a significant increase in net income compared to the same period last year. The company also announced a dividend increase, reflecting its confidence in future growth and profitability. Moreover, SouthState Co.’s strong presence in its market also contributes to the positive outlook from analysts. The company serves customers in the Southeastern United States, which is a growing and economically vibrant region. With its well-established brand and diverse range of financial services, SouthState Co. is well-positioned to capture opportunities in this market. In addition, the company has been actively expanding through strategic acquisitions. This move not only expands the company’s customer base and market share but also improves its overall financial strength and stability.

However, it is worth noting that there are some potential risks associated with investing in SouthState Co. For instance, the company’s growth may be affected by economic conditions in the Southeastern region, which could impact demand for its services and products.

Additionally, regulatory changes and increasing competition in the industry may also pose challenges for the company. With a strong financial performance, strategic expansion, and a solid presence in a growing market, SouthState Co. is a promising company for investors to consider. However, as with any investment, it is essential to carefully evaluate the risks and do thorough research before making any decisions.

Market Price

The stock opened at $108.23 and closed at $108.39, showing a 0.64% increase from the previous closing price of $107.7. This is a positive sign for the company, indicating that analysts have a favorable outlook on its performance. The “moderate buy” rating signifies that analysts believe SouthState Corporation‘s stock has the potential to outperform the market in the coming months. This rating is based on various factors, including the company’s financial health, industry trends, and overall market conditions. It is an important metric for investors to consider when making investment decisions. Despite some fluctuations in the stock market, SouthState Corporation has maintained a steady performance, with its stock showing a consistent upward trend in recent months. This can be attributed to the company’s strategic business decisions and strong financial management.

The “moderate buy” rating further supports the company’s positive momentum and instills confidence in investors. Furthermore, this rating also reflects the positive sentiments of analysts towards SouthState Corporation’s growth potential. With a diverse portfolio of financial services, the company is well-positioned to capitalize on emerging market trends and expand its customer base. This could lead to higher revenues and profitability in the future, making it an attractive investment opportunity for shareholders. It reinforces the company’s commitment to delivering value to its stakeholders and positions it as a promising player in the financial services industry. With this positive outlook, investors can look forward to potential returns from their investment in SouthState Corporation. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Southstate Corporation. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Southstate Corporation. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Southstate Corporation. More…

Key Ratios Snapshot

Some of the financial key ratios for Southstate Corporation are shown below. More…

Analysis – Southstate Corporation Intrinsic Value Calculator

In my analysis of SOUTHSTATE CORPORATION, I used a combination of fundamental data and our proprietary Valuation Line to determine the fair value of the company’s stock. Based on this assessment, I have determined that the fair value of SOUTHSTATE CORPORATION share is approximately $87.0. This calculation takes into account various factors such as the company’s financial performance, industry trends, and market conditions. Our Valuation Line is a comprehensive tool that allows us to accurately estimate the fair value of a company’s stock. As of the latest market data, SOUTHSTATE CORPORATION’s stock is currently trading at $108.39. This puts it at an overvalued status of 24.6% based on our calculated fair value. This means that investors are currently paying more for the stock than what it is actually worth. It is important for investors to be aware of this overvaluation and make informed decisions when considering SOUTHSTATE CORPORATION as a potential investment. It is also worth noting that market conditions and company performance can change over time, so it is important to regularly reassess the fair value of the stock. More…

Peers

In the current market, SouthState Corp is facing stiff competition from banks such as Andover Bancorp Inc, United Community Banks Inc, and Citba Financial Corp. All of these banks are trying to gain market share in the banking industry, and SouthState Corp is feeling the pressure. In order to stay competitive, SouthState Corp has been forced to lower its prices and offer more promotions. Although this is good for consumers, it is bad for SouthState Corp’s bottom line.

– Andover Bancorp Inc ($OTCPK:ANDC)

United Community Banks Inc is a regional bank holding company with over $40 billion in assets. The company operates over 200 branches in the Southeast and Mid-Atlantic regions of the United States. United Community Banks Inc offers a full range of banking services to retail and commercial customers, including deposit products, loans, and credit cards. The company also provides wealth management and trust services through its subsidiary, United Community Wealth Management.

– United Community Banks Inc ($NASDAQ:UCBI)

Citba Financial Corp is a bank holding company. The Company, through its subsidiaries, provides banking products and services in the United States. It offers a range of deposit products, including checking accounts, savings accounts, money market accounts, and certificates of deposit. The Company also provides a variety of loan products, such as commercial loans, consumer loans, and mortgage loans. In addition, it offers other services, such as safe deposit boxes, ATM and debit card services, and wire transfers.

Summary

According to a recent analysis, SouthState Co. has received a “Moderate Buy” consensus rating from nine different analysts covering the company. This indicates that there is generally positive sentiment towards the stock and it may be a good investment opportunity. It is worth noting that the company has also earned an average recommendation of “Moderate Buy” from these analysts. This suggests that there is a potential for growth and investors may want to consider adding SouthState Co. to their portfolio.

However, as with any investment, it is important to conduct further research and consider individual risk tolerance before making any decisions.