<div id="readability-page-1"><p>SouthState Bank Corporation (NYSE:SSB - Get Free Report) has received an average rating of &#34;Moderate Buy&#34; from the sixteen brokerages that are currently  covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, eleven have assigned  a buy rating and two have assigned  a strong buy rating to  the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $115.2857.</p><div><p><span></span><span>Get <strong>SouthState Bank</strong> alerts:</span></p></div><p>Several analysts have recently issued reports on SSB shares. Weiss Ratings  reissued a &#34;hold (c+)&#34; rating on shares of SouthState Bank in a research report on Monday. Zacks Research lowered shares of SouthState Bank from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a report on Friday, August 15th. UBS Group decreased their price target on shares of SouthState Bank from $125.00 to $120.00 and set a &#34;buy&#34; rating for the company in a research report on Wednesday, November 5th. Stephens dropped their price target on shares of SouthState Bank from $115.00 to $110.00 and set an &#34;overweight&#34; rating for the company in a research note on Monday, October 27th. Finally, JPMorgan Chase &amp; Co. began coverage on SouthState Bank in a research note on Friday. They issued an &#34;overweight&#34; rating and a $115.00 price objective on the stock.</p><p><b>View Our Latest Analysis on SouthState Bank</b></p><h2>Institutional Trading of SouthState Bank</h2><p>A number of large investors have recently made changes to their positions in the company. Blue Trust Inc. lifted its stake in  SouthState Bank by 12.4% in the second quarter. Blue Trust Inc. now owns 991 shares of the company's stock worth $91,000 after acquiring an additional 109 shares during the last quarter.  Sheets Smith Wealth Management raised its holdings in shares of  SouthState Bank by 1.7% in the 3rd quarter. Sheets Smith Wealth Management now owns 6,456 shares of the company's stock valued at $638,000 after purchasing an additional 111 shares in the last quarter.  B. Riley Wealth Advisors Inc. lifted its position in shares of  SouthState Bank by 4.9% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 2,480 shares of the company's stock worth $245,000 after purchasing an additional 115 shares during the last quarter.  Nicholson Wealth Management Group LLC grew its stake in shares of  SouthState Bank by 1.8% during the second quarter. Nicholson Wealth Management Group LLC now owns 7,201 shares of the company's stock worth $663,000 after purchasing an additional 125 shares in the last quarter.  Finally, Fifth Third Bancorp increased its holdings in  SouthState Bank by 14.0% in the second quarter. Fifth Third Bancorp now owns 1,090 shares of the company's stock valued at $100,000 after buying an additional 134 shares during the last quarter. 89.76% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>SouthState Bank Trading Up 0.9%</h2><p>Shares of NYSE SSB opened at $95.97 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.93 and a quick ratio of 0.93. The firm has a market capitalization of $9.65 billion, a PE ratio of 13.20 and a beta of 0.76. SouthState Bank has a twelve month low of $77.74 and a twelve month high of $109.66. The company has a fifty day moving average price of $91.32. </p><p>SouthState Bank (NYSE:SSB - Get Free Report) last posted its earnings results on Wednesday, October 22nd. The company reported $2.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.20 by $0.38. The firm had revenue of $698.78 million for the quarter, compared to analyst estimates of $660.41 million. SouthState Bank had a return on equity of 10.70% and a net margin of 20.25%.During the same quarter in the prior year, the company earned $1.90 EPS. </p><h2>SouthState Bank Announces Dividend</h2><p>The business also recently disclosed a quarterly dividend, which was paid on Friday, November 14th. Stockholders of record on Friday, November 7th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Friday, November 7th. SouthState Bank's dividend payout ratio (DPR) is presently 33.01%. </p><h2>About SouthState Bank</h2> (Get Free Report)<p>SouthState Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies. It accepts checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, money market accounts, and other time deposits.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than SouthState Bank</li><li>2 Fintech Stocks to Buy Now and 1 to Avoid</li><li>Synopsys Sees Bullish Shift as Ansys Integration Drives Growth</li><li>Why Invest in High-Yield Dividend Stocks?</li><li>The Best Holiday Present You Can Give Yourself? Costco Stock</li><li>3 Warren Buffett Stocks to Buy Now</li><li>Why Zscaler Stock Could Be Ready to Bounce After a 30% Selloff</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNTQg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNTQg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in SouthState Bank Right Now?</h2><p>Before you consider SouthState Bank, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SouthState Bank wasn't on the list.</p><p>While SouthState Bank currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>SouthState Bank Corporation (NYSE:SSB) has received a "Moderate Buy" rating from sixteen brokerages, with an average 12-month price target of $115.29. Analysts have varied ratings, including hold, buy, and strong buy. Recent reports show changes in price targets and ratings from Weiss Ratings, Zacks Research, UBS Group, Stephens, and JPMorgan Chase & Co. Institutional investors have adjusted their positions, with 89.76% of the stock owned by hedge funds and other institutions.</p>

SouthState Bank Corporation (NYSE:SSB) Given Average Rating of "Moderate Buy" by Brokerages