Simmons First National (SFNC) Expected to Announce Quarterly Earnings on Wednesday

Simmons First National (NASDAQ:SFNC) is projected to release its earnings data after the market closes on Wednesday, April 16th. Analysts expect Simmons First National to post earnings of $0.36 per share and revenue of $209.00 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Simmons First National (NASDAQ:SFNC) last issued its quarterly earnings results on Tuesday, January 21st. The bank reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.03. The firm had revenue of $208.50 million for the quarter, compared to analysts’ expectations of $208.67 million. Simmons First National had a return on equity of 5.10% and a net margin of 10.46%. Simmons First National’s revenue was up 17.4% on a year-over-year basis. During the same quarter last year, the business posted $0.40 EPS. On average, analysts expect Simmons First National to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Simmons First National Stock Performance

Simmons First National stock opened at $18.05 on Wednesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.79 and a quick ratio of 0.79. The company has a market cap of $2.27 billion, a P/E ratio of 14.92 and a beta of 0.82. Simmons First National has a fifty-two week low of $16.03 and a fifty-two week high of $25.95. The firm’s 50 day simple moving average is $21.15 and its 200-day simple moving average is $22.35.

Simmons First National Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 14th were given a dividend of $0.2125 per share. This represents a $0.85 annualized dividend and a yield of 4.71%. This is a positive change from Simmons First National’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Friday, March 14th. Simmons First National’s payout ratio is presently 70.25%.

Analysts Set New Price Targets

Separately, Stephens lowered their target price on Simmons First National from $29.00 to $28.00 and set an “overweight” rating on the stock in a research note on Thursday, January 23rd.

Simmons First National Company Profile

Simmons First National Corporation operates as the holding company for Simmons Bank that provides banking and other financial products and services to individuals and businesses. The company offers checking, savings, and time deposits; consumer, real estate, and commercial loans; agricultural finance, equipment, and small business administration lending; trust and fiduciary services; credit cards; investment management products; treasury management; insurance products; and securities and investment services.