Shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $69.52 and traded as high as $75.19. Southern Missouri Bancorp shares last traded at $74.36, with a volume of 65,750 shares trading hands.
Analysts Set New Price Targets
Several equities research analysts have commented on the company. Piper Sandler reissued a "neutral" rating and issued a $83.00 target price (up from $79.00) on shares of Southern Missouri Bancorp in a report on Monday, July 27th. Stephens downgraded Southern Missouri Bancorp from an "overweight" rating to an "equal weight" rating and set a $85.00 price target for the company. in a report on Thursday, August 6th. Keefe, Bruyette & Woods lifted their price target on Southern Missouri Bancorp from $75.00 to $83.00 and gave the stock a "market perform" rating in a research report on Thursday, July 30th. Wall Street Zen upgraded shares of Southern Missouri Bancorp from a "sell" rating to a "hold" rating in a research note on Saturday, July 25th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Southern Missouri Bancorp in a research note on Thursday, June 4th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Southern Missouri Bancorp has an average rating of "Hold" and a consensus target price of $83.67.
Check Out Our Latest Stock Analysis on Southern Missouri Bancorp
Southern Missouri Bancorp Stock Performance
The company has a market capitalization of $819.45 million, a PE ratio of 11.56 and a beta of 0.86. The business's fifty day moving average is $75.99 and its two-hundred day moving average is $69.52. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.22.
Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The savings and loans company reported $1.83 EPS for the quarter, beating the consensus estimate of $1.52 by $0.31. The business had revenue of $51.77 million for the quarter, compared to the consensus estimate of $51.14 million. Southern Missouri Bancorp had a return on equity of 12.72% and a net margin of 22.63%. Equities research analysts predict that Southern Missouri Bancorp, Inc. will post 6.9 earnings per share for the current year.
Southern Missouri Bancorp Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, August 14th. This is an increase from Southern Missouri Bancorp's previous quarterly dividend of $0.25. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.5%. Southern Missouri Bancorp's dividend payout ratio is currently 16.80%.
Insider Activity at Southern Missouri Bancorp
In related news, EVP Richard Windes sold 2,000 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $69.70, for a total transaction of $139,400.00. Following the sale, the executive vice president directly owned 5,375 shares of the company's stock, valued at $374,637.50. This trade represents a 27.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 15.81% of the stock is owned by company insiders.
Hedge Funds Weigh In On Southern Missouri Bancorp
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. AQR Capital Management LLC boosted its holdings in shares of Southern Missouri Bancorp by 122.9% during the 1st quarter. AQR Capital Management LLC now owns 9,623 shares of the savings and loans company's stock valued at $501,000 after acquiring an additional 5,306 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Southern Missouri Bancorp by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,681 shares of the savings and loans company's stock valued at $296,000 after purchasing an additional 234 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of Southern Missouri Bancorp by 8.2% during the first quarter. Empowered Funds LLC now owns 22,546 shares of the savings and loans company's stock valued at $1,173,000 after purchasing an additional 1,702 shares during the last quarter. Jane Street Group LLC bought a new position in Southern Missouri Bancorp during the first quarter valued at approximately $740,000. Finally, Strs Ohio bought a new position in Southern Missouri Bancorp during the first quarter valued at approximately $94,000. Institutional investors own 49.49% of the company's stock.
About Southern Missouri Bancorp
(
Get Free Report)
Southern Missouri Bancorp, Inc NASDAQ: SMBC is a bank holding company headquartered in West Plains, Missouri, serving as the parent of Southern Bank. The company focuses on delivering community banking services to individual and commercial customers across southern Missouri and northern Arkansas. It operates branch offices in local markets and provides a comprehensive suite of deposit and lending products tailored to both urban and rural communities.
Through its subsidiary, Southern Bank, the company offers deposit products such as checking and savings accounts, money market accounts and certificates of deposit, alongside digital and mobile banking platforms.
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