Simmons First National: Keefe, Bruyette & Woods Maintains Market Perform, PT Down to $21.

Simmons First National: Keefe, Bruyette & Woods Maintains Market Perform, PT Down to $21.

Simmons First National Corporation (SFNC) received a downgrade from Keefe, Bruyette & Woods (KBW) to Market Perform, with a price target (PT) reduced to $21. This decision follows the company's recent earnings report, where SFNC missed the Zacks Consensus Estimate of $0.48 per share, reporting $0.46 per share for the quarter ended September 2025, according to a Sharewise article.

The downgrade reflects KBW's assessment of the bank's recent performance and its outlook for the coming quarters. SFNC's quarterly earnings represented an earnings surprise of -4.17%, compared to a year-ago earnings of $0.37 per share. The company's revenue of $231.97 million for the quarter also surpassed the Zacks Consensus Estimate by 1.34%, up from $174.84 million a year ago, as noted in the article.

KBW's decision to maintain a Market Perform rating and lower the PT suggests a cautious stance on the stock's potential. The investment research firm noted that the company's earnings outlook and industry trends will be crucial factors in determining future stock performance. The Zacks Rank currently stands at #3 (Hold) for SFNC, indicating a near-term performance in line with the market, the article adds.

Investors should closely monitor the company's earnings calls and future earnings expectations, as well as the broader industry trends. The Zacks Industry Rank places Banks - Southeast in the top 35% of industries, suggesting potential upside for the sector, according to the same coverage.

For more information on Simmons First National Corporation, including its latest earnings reports and stock analysis, visit Zacks Investment Research.