Latest news with #Simmons
Yahoo
an hour ago
- Business
- Yahoo
Why Simmons First National (SFNC) Stock Is Down Today
What Happened? Shares of regional banking company Simmons First National (NASDAQ:SFNC) fell 4.3% in the morning session after the company announced the pricing of a public offering of its common stock. The regional bank priced an offering of 16.22 million shares of its Class A common stock at $18.50 per share, aiming to raise gross proceeds of approximately $300 million. This price represented a 7.9% discount to the stock's previous closing price, a factor that often puts downward pressure on a stock's value. The issuance of new shares can lead to dilution for existing shareholders, which means each existing share represents a smaller percentage of ownership in the company. Simmons stated it intends to use the net proceeds for general corporate purposes, which could include supporting a potential "balance sheet repositioning" and continued growth. The offering is expected to close on or about July 23, 2025. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Simmons First National? Access our full analysis report here, it's free. What Is The Market Telling Us Simmons First National's shares are not very volatile and have only had 5 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. The previous big move we wrote about was 4 days ago when the stock gained 3.1% on the news that the company reported strong second-quarter 2025 financial results that showed significant growth in earnings and a key profitability metric. The regional bank announced net income of $54.8 million, or $0.43 per diluted share, a substantial increase from the $32.4 million, or $0.26 per share, reported in the first quarter. A key highlight for investors was the expansion of the bank's net interest margin, which is a core measure of bank profitability that compares the income generated from loans to the interest paid out on deposits. This metric rose to 3.06%, marking the fifth consecutive quarterly increase. The positive results were driven by higher yields on loans and a decrease in deposit costs for the third straight quarter. Simmons First National is down 9.2% since the beginning of the year, and at $19.71 per share, it is trading 22.8% below its 52-week high of $25.53 from November 2024. Investors who bought $1,000 worth of Simmons First National's shares 5 years ago would now be looking at an investment worth $1,156. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
USA Today
12 hours ago
- Sport
- USA Today
2025 Arizona Cardinals training camp roster preview: DL Elijah Simmons
We will preview every player on the Cardinals roster leading up to training camp. This is about DL Elijah Simmons. The Arizona Cardinals report to training camp on July 22 and begin the process of preparing for the regular season, forming the roster and determining starting jobs and roles on the team. Leading up to the start of camp, we will take a look at every player on the offseason roster, their background, their contract, their play in 2024, questions they face and their roster outlook. Next up is defensive lineman Elijah Simmons. Elijah Simmons background, 2024 season Calling Simmons large doesn't do him justice, all 334 pounds of him. He played at Tennessee and was signed as an undrafted free agent by the Cardinals this year on May 9. At Tennessee, he played 55 games and had 59 tackles (22 solo, eight for loss). Last season, he had 11 tackles (four solo, 1.5 for loss). Elijah Simmons contract details, cap hit Simmons signed a three-year, rookie minimum contract worth $3 million that included a $35,000 signing bonus. His salary this year is $840,000 and the cap charge is $851,666. 2025 questions, roster outlook The Cardinals are looking for size in the middle of the defensive line and Simmons can provide it. It seems appears unlikely with as raw as he is that making the roster is realistic, but a good summer showing could lead to a job on the practice squad. Get more Cardinals and NFL coverage from Cards Wire's Jess Root and others by listening to the latest on the Rise Up, See Red podcast. Subscribe on Spotify, YouTube or Apple podcasts.
Newsweek
a day ago
- Sport
- Newsweek
Report: Celtics Showing Interest in Former No 1 Overall Pick
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. The Boston Celtics have suffered through a tough offseason. After winning a championship just two years ago, the Celtics were hoping to repeat as champions. Unfortunately, that dream ended when Jayson Tatum went down with a torn Achilles in the second round of the NBA Playoffs against the rival New York Knicks. Heading into the offseason, everyone knew that change was coming to Boston due to its luxury tax situation and new ownership. Brad Stevens made that change happen. Ben Simmons #25 of the LA Clippers looks on against the Atlanta Hawks during the first quarter at State Farm Arena on March 14, 2025 in Atlanta, Georgia. Ben Simmons #25 of the LA Clippers looks on against the Atlanta Hawks during the first quarter at State Farm Arena on March 14, 2025 in Atlanta, Georgia. Photo byTo begin the offseason, the Celtics traded veteran star point guard Jrue Holiday to the Portland Trail Blazers. Boston received Anfernee Simons as the key piece in return. Kristaps Porzingis was then traded to the Atlanta Hawks, with Georges Niang coming back to the Celtics. Read more: Lakers Linked to Potential Trade for 2-Time All-Star Guard Now, the question becomes, where does Boston go from here? Tatum is expected to miss most of if not all of the 2025-26 season. That gives the Celtics somewhat of a gap year between contending for a championship. Jaylen Brown could take over and lead the team on a run, but that is far from a guarantee. Who could Boston target as an outside addition to help them compete? How about a former No. 1 overall pick? According to a report from veteran NBA insider Marc Stein, the Celtics are among the teams interested in signing Ben Simmons. "League sources say that the Suns have also had some recent dialogue with former All-Star Ben Simmons, who I'm told has drawn interest since free agency began from Boston, New York and Sacramento," Stein wrote. Simmons would be an interesting addition for Boston. He has never lived up to the hype that surrounded him when he was the No. 1 pick, but he could be a quality role player for the Celtics moving forward. On a two-year deal, he could also be a nice addition for when Tatum gets back on the floor. Read more: Pacers' TJ McConnell Sounds Off About Kyrie Irving During the 2024-25 NBA season split between the Brooklyn Nets and Los Angeles Clippers, Simmons played in 51 games and made 24 starts. He averaged five points per game to go along with 5.6 assists, 4.7 rebounds, and 0.7 steals, while shooting 52 percent from the floor. At 29 years old, Simmons may not bring much offensively. However, he can create for teammates, rebound well, and defend. All of those traits could give Boston a needed presence. It will be interesting to see what the rest of the offseason has in store for the Celtics. Keep an eye on Simmons as a potential pickup. For more on the Boston Celtics and general NBA news, head on over to Newsweek Sports.
USA Today
a day ago
- Sport
- USA Today
Chiefs HC Andy Reid comments on the training camp competition for starting left tackle
Kansas City Chiefs head coach Andy Reid officially kicked off training camp on Sunday in front of reporters at the Missouri Western State University dormitory in St. Joseph. He addressed several topics, including the likelihood of Josh Simmons earning the starting left tackle spot. 'You're going to look for the best guy, to start with, that can fill that spot, and that we can have a little consistency there. We didn't have that last year,' said Reid, 'So let's work at it and see what we come up with. We've got some good candidates for it, and we'll just see where it goes.' The Chiefs are ideally holding a competition at left tackle between Simmons, Jaylon Moore, and potentially Wanya Morris. Reid generously praised the first-round pick out of Ohio State for his work ethic during rehab. 'He stayed up here this whole break, he's been here, working his tail off,' said Reid, 'But it looks like he's ready to go, and we'll keep an eye on him and see where he's at. But his condition was good when he was out there, and he seems to be a worker, so we'll just have to see. He's never been through one of these, so we gotta see how it goes.' Simmons earned Third-Team All-Big Ten honors for the 2024 National Champion Ohio State Buckeyes.
USA Today
3 days ago
- Sport
- USA Today
Tennessee Titans' Jeffery Simmons on Cam Ward: 'He's legit'
Cam Ward was, by far, the best quarterback in the 2025 NFL draft class, and the Tennessee Titans had the number one overall pick. After the last few seasons of quarterback woes, it was no surprise that the Titans picked Ward with that selection. Since joining the team, Ward has impressed everyone within the organization, from custodians to bigwigs, Ward has made a point to get to know everyone. The way he carries himself on a daily basis showcases his character, and everyone is taking notice. Earlier this week, Titans' defensive lineman Jeffery Simmons appeared on Good Morning Football and was asked how he felt about his new quarterback. "First off, I think our team, the Tennessee Titans, never gets the respect and attention we need. I've never seen the number one pick overall never get the respect and, quite frankly, the attention he deserves," Simmons said. Then he dove into the first time he met Ward, which was at a private birthday party. They chatted quite a bit, and Simmons razzed Ward about smack-talking his guys. Specifically, Simmons recalled the time during minicamp where he and Ward were talking trash to each other while Brian Callahan was giving Ward the play. Simmons had just sacked Ward on the previous play, and Ward continued to talk to Simmons while he was receiving the play from Callahan, and continued while giving the play to his offense. He was unfazed, and the next play was an 80-yard bomb to Calvin Ridley. "That's just his swagger. That right there showed me that we got us one, he's legit. And I think, where we're at right now with him not getting enough praise, there's no number one pick overall who's not getting the attention and the praise he deserves, but I think that's a chip on his shoulder. You can tell by how he goes about his business, his swagger, and his demeanor that he's gonna be one of the ones, and I'm really excited to see it." Simmons is a seven-year veteran and one of the longest tenured players on the team. He's seen his fair share of quarterbacks on the other side of the field, as well as in his own locker room. His opinion matters, and it echoes everything we've heard about Cam Ward since he was drafted.
