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South Atlantic Bancshares - SABK Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $17.25
  • Forecasted Upside: -1.11%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$17.44 As of 11/15/2024 01:00 AM ET
▲ +1.94 (12.51%)

This chart shows the closing price for SABK by one month, three months, or twelve months.

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Analyst Price Target for SABK

Analyst Price Target is $17.25
▼ -1.11% Downside Potential
This price target is based on 1 analysts offering 12 month price targets for South Atlantic Bancshares in the last 3 months. The average price target is $17.25, with a high forecast of $17.25 and a low forecast of $17.25. The average price target represents a -1.11% upside from the last price of $17.44.

This chart shows the closing price for SABK for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 1 contributing investment analysts is to buy stock in South Atlantic Bancshares. This rating has held steady since April 2024, when it changed from a Hold consensus rating.

Past Monthly Recommendations

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Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/26/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/24/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/22/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
2/20/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/20/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/18/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/17/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/16/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/12/2024Janney Montgomery ScottUpgradeNeutral ➝ Buy$17.25
5/1/2023Janney Montgomery ScottDowngradeBuy ➝ Neutral$16.00 ➝ $14.00
11/10/2022Janney Montgomery ScottUpgradeNeutral ➝ Buy$16.00
1/24/2022StephensUpgradeEqual Weight ➝ Overweight$18.00 ➝ $18.50
8/17/2021Janney Montgomery ScottInitiated CoverageNeutral$16.00
7/27/2021StephensReiterated RatingEqual Weight$16.00 ➝ $14.70
6/2/2021StephensInitiated CoverageEqual Weight$16.00
(Data available from 11/17/2019 forward)

News Sentiment Rating

0.49 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
4/21/2024
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/21/2024
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/20/2024
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/20/2024
  • 2 very positive mentions
  • 3 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
8/19/2024
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/18/2024
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/18/2024
  • 1 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/17/2024

Current Sentiment

  • 1 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

South Atlantic Bancshares logo
South Atlantic Bancshares, Inc. operates as the bank holding company for South Atlantic Bank that provides consumer and commercial banking products and services to individuals, small businesses, and corporations in South Carolina. The company offers checking, money market, and saving accounts, as well as certificate of deposit, individual retirement, and health saving accounts; personal, auto, and recreation loans, as well as home equity and ready reserve overdraft line of credits, and commercial lending products; and credit cards. It also provides cash management and merchant card services; remote deposit capture and automated clearing house services; online, mobile, and telephone banking services; personal and business checks; mortgage products and services; and wealth management services. The company operates offices in Myrtle Beach, Carolina Forest, North Myrtle Beach, Murrells Inlet, Pawleys Island, Georgetown, Mount Pleasant, Charleston, Bluffton, Hilton Head Island, and Beaufort, South Carolina. South Atlantic Bancshares, Inc. was founded in 2007 and is headquartered in Myrtle Beach, South Carolina.
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Today's Range

Now: $17.44
Low: $15.66
High: $18.00

50 Day Range

MA: $14.22
Low: $13.75
High: $17.44

52 Week Range

Now: $17.44
Low: $9.91
High: $18.00

Volume

26,865 shs

Average Volume

6,934 shs

Market Capitalization

$132.02 million

P/E Ratio

14.66

Dividend Yield

0.70%

Beta

0.37

Frequently Asked Questions

What sell-side analysts currently cover shares of South Atlantic Bancshares?

The following Wall Street analysts have issued research reports on South Atlantic Bancshares in the last year: Janney Montgomery Scott.
View the latest analyst ratings for SABK.

What is the current price target for South Atlantic Bancshares?

0 Wall Street analysts have set twelve-month price targets for South Atlantic Bancshares in the last year. Their average twelve-month price target is $17.25, suggesting a possible downside of 1.1%. Janney Montgomery Scott has the highest price target set, predicting SABK will reach $17.25 in the next twelve months. Janney Montgomery Scott has the lowest price target set, forecasting a price of $17.25 for South Atlantic Bancshares in the next year.
View the latest price targets for SABK.

What is the current consensus analyst rating for South Atlantic Bancshares?

South Atlantic Bancshares currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SABK will outperform the market and that investors should add to their positions of South Atlantic Bancshares.
View the latest ratings for SABK.

What other companies compete with South Atlantic Bancshares?

Other companies that are similar to South Atlantic Bancshares include Community Healthcare Trust, Mid Penn Bancorp, Peoples Financial Services, BlackRock MuniYield Fund and LADENBURG THALM/SH SH. Learn More about companies similar to South Atlantic Bancshares.

How do I contact South Atlantic Bancshares' investor relations team?

The company's listed phone number is 843-839-0100. The official website for South Atlantic Bancshares is www.southatlantic.bank. Learn More about contacing South Atlantic Bancshares investor relations.