Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Get Free Report) saw strong trading volume on Monday . 105,205 shares were traded during mid-day trading, an increase of 223% from the previous session's volume of 32,570 shares.The stock last traded at $54.76 and had previously closed at $54.34.
Wall Street Analysts Forecast Growth
Separately, Stephens reiterated an "overweight" rating and set a $65.00 target price on shares of Southern Missouri Bancorp in a research report on Tuesday, April 22nd.
Check Out Our Latest Analysis on Southern Missouri Bancorp
Southern Missouri Bancorp Stock Performance
The company has a market cap of $640.76 million, a PE ratio of 11.39 and a beta of 0.99. The stock's 50 day simple moving average is $53.18 and its two-hundred day simple moving average is $54.66. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.24.
Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last posted its quarterly earnings results on Monday, April 21st. The savings and loans company reported $1.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.31 by $0.08. The firm had revenue of $46.15 million during the quarter, compared to the consensus estimate of $45.33 million. Southern Missouri Bancorp had a return on equity of 11.06% and a net margin of 18.76%. As a group, research analysts anticipate that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current year.
Southern Missouri Bancorp Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Thursday, May 15th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date was Thursday, May 15th. Southern Missouri Bancorp's dividend payout ratio (DPR) is presently 18.47%.
Insiders Place Their Bets
In other news, Director William E. Young sold 3,000 shares of the stock in a transaction on Monday, May 5th. The shares were sold at an average price of $53.23, for a total value of $159,690.00. Following the completion of the sale, the director owned 42,649 shares of the company's stock, valued at $2,270,206.27. This represents a 6.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 16.60% of the stock is currently owned by company insiders.
Institutional Trading of Southern Missouri Bancorp
Several large investors have recently added to or reduced their stakes in the stock. Quantbot Technologies LP purchased a new stake in shares of Southern Missouri Bancorp in the fourth quarter worth about $74,000. Strs Ohio purchased a new position in Southern Missouri Bancorp in the 1st quarter worth approximately $94,000. KLP Kapitalforvaltning AS acquired a new stake in Southern Missouri Bancorp in the fourth quarter valued at approximately $138,000. Lazard Asset Management LLC raised its stake in shares of Southern Missouri Bancorp by 147.5% during the fourth quarter. Lazard Asset Management LLC now owns 3,542 shares of the savings and loans company's stock valued at $202,000 after purchasing an additional 2,111 shares during the period. Finally, Price T Rowe Associates Inc. MD acquired a new position in shares of Southern Missouri Bancorp during the fourth quarter worth $220,000. 49.49% of the stock is currently owned by institutional investors and hedge funds.
Southern Missouri Bancorp Company Profile
(
Get Free Report)
Southern Missouri Bancorp, Inc operates as the bank holding company for Southern Bank that provides banking and financial services to individuals and corporate customers in the United States. The company offers deposits products, including interest-bearing and noninterest-bearing transaction accounts, saving accounts, certificates of deposit, retirement savings plans, and money market deposit accounts.
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