Simmons 1st Nat’l (SFNC) Gets a Buy Rating from Stephens

Stephens analyst Matt Olney maintained a Buy rating on Simmons 1st Nat’l (SFNC) today and set a price target of $27. The company’s shares closed yesterday at $25.79.

Olney commented:

“We’re pleased to see the deal characteristics aligning with SFNC’s previously disclosed qualifications. All in, we believe investors should not be surprised with this announcement as management has been vocal in their desire to get a deal completed before 2020.Stephens Inc. Page 2 APPENDIX A ANALYST CERTIFICATION The analyst primarily responsible for the preparation of the content of this report certifies that (i) all views expressed in this report accurately reflect the analyst’s personal views about the subject company and securities, and (ii) no part of the analyst’s compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed by the analyst in this report.”

According to, Olney is a 2-star analyst with an average return of 0.5% and a 49.6% success rate. Olney covers the Financial sector, focusing on stocks such as Spirit Of Texas Bancshares Inc, Business First Bancshares Inc, and Hancock Whitney Corporation.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Simmons 1st Nat’l with a $27.75 average price target.

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Simmons 1st Nat’l’s market cap is currently $2.49B and has a P/E ratio of 11.29. The company has a Price to Book ratio of 1.

Based on the recent corporate insider activity of 138 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SFNC in relation to earlier this year.

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Simmons First National Corp. is a financial holding company, which engages in the provision of banking services to individual and corporate customers through its subsidiaries. Its subsidiaries, Simmons Bank and Bank SNB conducts banking operations through financial centers located in communities throughout Arkansas, Colorado, Kansas, Missouri, Oklahoma, Tennessee and Texas. The company was founded on March 23, 1903 and is headquartered in Pine Bluff, AR.

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