Southern Missouri Bancorp (NASDAQ:SMBC) Stock Price Expected to Rise, Keefe, Bruyette & Woods Analyst Says

Southern Missouri Bancorp (NASDAQ:SMBC) had its target price lifted by investment analysts at Keefe, Bruyette & Woods from $63.00 to $64.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a “market perform” rating on the savings and loans company’s stock. Keefe, Bruyette & Woods’ price target would indicate a potential upside of 5.47% from the stock’s previous close.

A number of other equities analysts have also issued reports on the stock. Piper Sandler reiterated a “neutral” rating and issued a $68.00 target price (up previously from $61.00) on shares of Southern Missouri Bancorp in a research report on Monday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Southern Missouri Bancorp in a research note on Monday, December 29th. Finally, Stephens reiterated an “overweight” rating and set a $73.00 price objective (up previously from $71.00) on shares of Southern Missouri Bancorp in a research note on Friday. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $68.33.

Southern Missouri Bancorp Price Performance

SMBC opened at $60.68 on Tuesday. The stock’s 50 day moving average price is $59.51 and its 200 day moving average price is $56.19. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.99 and a quick ratio of 0.99. The stock has a market cap of $679.62 million, a P/E ratio of 10.50 and a beta of 0.98. Southern Missouri Bancorp has a 12 month low of $45.10 and a 12 month high of $65.64.

Southern Missouri Bancorp (NASDAQ:SMBC) last announced its quarterly earnings results on Wednesday, January 21st. The savings and loans company reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.56 by $0.06. The company had revenue of $49.65 million during the quarter, compared to analyst estimates of $49.79 million. Southern Missouri Bancorp had a return on equity of 12.04% and a net margin of 20.80%. As a group, research analysts predict that Southern Missouri Bancorp will post 5.06 earnings per share for the current year.

Insiders Place Their Bets

In other Southern Missouri Bancorp news, Director William E. Young sold 1,500 shares of Southern Missouri Bancorp stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $53.87, for a total value of $80,805.00. Following the transaction, the director owned 93,552 shares in the company, valued at approximately $5,039,646.24. The trade was a 1.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 15.81% of the company’s stock.

Institutional Investors Weigh In On Southern Missouri Bancorp

Several large investors have recently modified their holdings of SMBC. Apollon Wealth Management LLC purchased a new stake in shares of Southern Missouri Bancorp during the third quarter valued at $592,000. Squarepoint Ops LLC acquired a new stake in Southern Missouri Bancorp during the 2nd quarter worth about $996,000. Geode Capital Management LLC lifted its stake in Southern Missouri Bancorp by 4.9% during the second quarter. Geode Capital Management LLC now owns 230,664 shares of the savings and loans company’s stock valued at $12,638,000 after buying an additional 10,802 shares in the last quarter. AlphaQuest LLC increased its position in shares of Southern Missouri Bancorp by 840,200.0% in the second quarter. AlphaQuest LLC now owns 8,403 shares of the savings and loans company’s stock worth $460,000 after acquiring an additional 8,402 shares in the last quarter. Finally, Creative Planning raised its holdings in shares of Southern Missouri Bancorp by 78.4% during the second quarter. Creative Planning now owns 19,891 shares of the savings and loans company’s stock valued at $1,090,000 after acquiring an additional 8,740 shares during the period. 49.49% of the stock is owned by institutional investors.

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.