Southern Missouri Bancorp, Inc. (SMBC) - What Are Researchers Saying About This Stock?

Key Points

• Analyst sentiment is mostly neutral: Seven analysts give Southern Missouri Bancorp a consensus “Hold” rating, with an average 12-month price target of $79.50; two analysts rate it Buy or Strong Buy.
• The company reported quarterly EPS of $1.73, beating the $1.66 consensus estimate. It also announced a $0.27 quarterly dividend, equivalent to a 1.5% annualized yield.
• SMBC traded at $70.95, within its 52-week range of $52.72–$79.86, and had a market capitalization of about $775 million.

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Get Free Report) has been assigned a consensus recommendation of "Hold" from the seven analysts that are presently covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $79.50.

A number of analysts have recently commented on SMBC shares. Wall Street Zen raised Southern Missouri Bancorp from a "sell" rating to a "hold" rating in a research report on Saturday, July 25th. Weiss Ratings restated a "buy (b)" rating on shares of Southern Missouri Bancorp in a research note on Tuesday, September 1st. Stephens downgraded Southern Missouri Bancorp from an "overweight" rating to an "equal weight" rating and set a $85.00 price target on the stock. in a research note on Thursday, August 6th. Raymond James Financial started coverage on Southern Missouri Bancorp in a research report on Tuesday, September 1st. They set a "market perform" rating for the company. Finally, Keefe, Bruyette & Woods lifted their price objective on Southern Missouri Bancorp from $75.00 to $83.00 and gave the company a "market perform" rating in a research note on Thursday, July 30th.

Southern Missouri Bancorp Stock Up 0.0%

NASDAQ SMBC traded up $0.01 during trading hours on Friday, reaching $70.95. 57,818 shares of the company's stock traded hands, compared to its average volume of 78,583. Southern Missouri Bancorp has a 52-week low of $52.72 and a 52-week high of $79.86. The firm has a market cap of $775.48 million, a PE ratio of 10.46 and a beta of 0.80. The firm has a 50-day simple moving average of $71.61 and a 200 day simple moving average of $70.04. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.99 and a quick ratio of 0.99.

Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last announced its quarterly earnings data on Wednesday, October 21st. The savings and loans company reported $1.73 earnings per share for the quarter, topping analysts' consensus estimates of $1.66 by $0.07. Southern Missouri Bancorp had a net margin of 23.47% and a return on equity of 12.88%. Sell-side analysts anticipate that Southern Missouri Bancorp will post 6.69 EPS for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 30th. Stockholders of record on Friday, November 13th will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, November 13th. Southern Missouri Bancorp's dividend payout ratio is currently 15.93%.

Hedge Funds Weigh In On Southern Missouri Bancorp

Several institutional investors and hedge funds have recently modified their holdings of the stock. Allworth Financial LP bought a new position in Southern Missouri Bancorp in the 2nd quarter worth about $26,000. Royal Bank of Canada increased its stake in Southern Missouri Bancorp by 124.7% during the 1st quarter. Royal Bank of Canada now owns 564 shares of the savings and loans company's stock valued at $36,000 after purchasing an additional 313 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in Southern Missouri Bancorp by 121.9% in the third quarter. Nisa Investment Advisors LLC now owns 1,713 shares of the savings and loans company's stock worth $121,000 after buying an additional 941 shares during the last quarter. Sterling Capital Management LLC raised its holdings in Southern Missouri Bancorp by 1,964.5% in the third quarter. Sterling Capital Management LLC now owns 3,778 shares of the savings and loans company's stock worth $268,000 after buying an additional 3,595 shares during the last quarter. Finally, Sequoia Financial Advisors LLC purchased a new position in Southern Missouri Bancorp in the second quarter worth about $335,000. 49.49% of the stock is currently owned by institutional investors.

Southern Missouri Bancorp Company Profile

Southern Missouri Bancorp, Inc. is a bank holding company and the parent of Southern Bank, a community bank headquartered in Poplar Bluff, Missouri. The bank's roots date to 1887, when it was established to serve local customers in southeastern Missouri. Southern Bank provides personal and business banking services, including deposit accounts, commercial and consumer lending, residential mortgage loans, and digital banking. Its lending activities also include financing for agricultural customers.

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