Southern Missouri Bancorp (NASDAQ:SMBC) EVP Sells $136,940.00 in Stock

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) EVP Richard Windes sold 2,000 shares of Southern Missouri Bancorp stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $68.47, for a total transaction of $136,940.00. Following the sale, the executive vice president directly owned 5,375 shares in the company, valued at $368,026.25. This trade represents a 27.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Southern Missouri Bancorp Price Performance

Shares of Southern Missouri Bancorp stock traded down $0.31 during midday trading on Friday, hitting $68.99. 54,644 shares of the company traded hands, compared to its average volume of 71,608. The stock has a market cap of $759.99 million, a price-to-earnings ratio of 11.52 and a beta of 0.89. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.99 and a current ratio of 0.99. The firm’s fifty day moving average price is $65.81 and its 200-day moving average price is $62.20. Southern Missouri Bancorp, Inc. has a 12 month low of $47.60 and a 12 month high of $70.10.

Southern Missouri Bancorp (NASDAQ:SMBC) last announced its quarterly earnings results on Wednesday, April 22nd. The savings and loans company reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.05. The company had revenue of $50.25 million for the quarter, compared to analyst estimates of $49.98 million. Southern Missouri Bancorp had a net margin of 21.36% and a return on equity of 12.05%. As a group, sell-side analysts forecast that Southern Missouri Bancorp, Inc. will post 6.25 earnings per share for the current year.

Southern Missouri Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.00 annualized dividend and a dividend yield of 1.4%. Southern Missouri Bancorp’s payout ratio is 16.69%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on SMBC shares. Weiss Ratings upgraded shares of Southern Missouri Bancorp from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 20th. Piper Sandler reiterated a “neutral” rating and set a $71.00 target price (up from $68.00) on shares of Southern Missouri Bancorp in a research report on Monday, April 27th. Stephens reiterated an “overweight” rating and set a $76.00 target price (up from $72.00) on shares of Southern Missouri Bancorp in a research report on Friday, April 24th. Finally, Keefe, Bruyette & Woods lifted their target price on shares of Southern Missouri Bancorp from $64.00 to $65.00 and gave the stock a “market perform” rating in a research report on Thursday, April 9th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $70.67.

Institutional Investors Weigh In On Southern Missouri Bancorp

Several hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its position in shares of Southern Missouri Bancorp by 18.2% in the 1st quarter. Bank of America Corp DE now owns 25,786 shares of the savings and loans company’s stock worth $1,649,000 after purchasing an additional 3,974 shares during the period. Royal Bank of Canada lifted its position in shares of Southern Missouri Bancorp by 124.7% in the 1st quarter. Royal Bank of Canada now owns 564 shares of the savings and loans company’s stock worth $36,000 after purchasing an additional 313 shares during the period. Empowered Funds LLC lifted its position in shares of Southern Missouri Bancorp by 3.3% in the 1st quarter. Empowered Funds LLC now owns 46,088 shares of the savings and loans company’s stock worth $2,947,000 after purchasing an additional 1,492 shares during the period. Quantinno Capital Management LP lifted its position in shares of Southern Missouri Bancorp by 57.8% in the 1st quarter. Quantinno Capital Management LP now owns 12,326 shares of the savings and loans company’s stock worth $788,000 after purchasing an additional 4,517 shares during the period. Finally, Lazard Asset Management LLC lifted its position in shares of Southern Missouri Bancorp by 9.2% in the 1st quarter. Lazard Asset Management LLC now owns 41,560 shares of the savings and loans company’s stock worth $2,657,000 after purchasing an additional 3,503 shares during the period. 49.49% of the stock is currently owned by institutional investors and hedge funds.

Southern Missouri Bancorp Company Profile

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.