Simmons First National Corporation (NASDAQ:SFNC) had declared a cash dividend of $0.2400 on Aug 29, 2016. The shares will quote ex-dividend on Sep 13, 2016 and the record date has been fixed for Sep 15, 2016. On Aug 29, 2016 share price, the yield comes out to be 1.9335%. The dividend payable date has been fixed on Oct 1, 2016.
In a different note, On Jun 8, 2016, Keefe Bruyette & Woods said it Maintains its rating on Simmons First National Corporation. In the research note, the firm Lowers the price-target to $54.00 per share. The shares have been rated ‘Outperform’ by the firm.
Simmons First National Corporation (SFNC) shares turned negative on Thursdays trading session with the shares closing down -0.41 points or -0.82% at a volume of 65,271. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $50.45. The peak price level was also seen at $50.45 while the days lowest was $49.25. Finally the shares closed at $49.78. The 52-week high of the shares is $58.75 while the 52-week low is $38.3. According to the latest information available, the market cap of the company is $1,514 M.
Simmons First National Corporation(SFNC) last announced its earnings results on Jul 20, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $103.47M. Analysts had an estimated revenue of $103.77M. Earnings per share were $0.82. Analysts had estimated an EPS of $0.81.
Several Insider Transactions has been reported to the SEC. On May 25, 2016, Steven C Wade (EVP & Chief Credit Officer) sold 422 shares at $47.29 per share price.Also, On May 23, 2016, Robert A Fehlman (SEVP, CFO & Treasurer) sold 2,503 shares at $46.40 per share price.On Feb 2, 2016, Edward Drilling (director) purchased 1,000 shares at $40.54 per share price, according to the Form-4 filing with the securities and exchange commission.
Simmons First National Corporation is a financial holding company. The Company’s subsidiary bank is Simmons First National Bank (Simmons Bank or lead bank) which is a national bank. Simmons Bank and its subsidiaries provide banking services to individuals and businesses throughout the market areas they serve. Simmons Bank offers consumer real estate and commercial loans checking savings and time deposits. It also offers products that include credit cards trust services investments agricultural finance lending equipment lending insurance consumer finance and small business administration lending. It conducts banking operations through approximately 100 branches or financial centers located in communities throughout Arkansas Missouri Tennessee and Kansas. Its loan portfolios include loans to businesses (commercial loans commercial real estate loans and agricultural loans) and individuals (consumer loans credit card loans and single-family residential real estate loans).