Southern Missouri Bancorp, Inc. (NASDAQ:SMBC – Get Free Report)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $71.66 and last traded at $71.6240, with a volume of 173 shares traded. The stock had previously closed at $70.96.
Wall Street Analysts Forecast Growth
SMBC has been the topic of a number of research reports. Keefe, Bruyette & Woods raised their price objective on Southern Missouri Bancorp from $64.00 to $65.00 and gave the stock a “market perform” rating in a report on Thursday, April 9th. Weiss Ratings restated a “buy (b)” rating on shares of Southern Missouri Bancorp in a report on Thursday, June 4th. Piper Sandler restated a “neutral” rating and issued a $71.00 price objective (up from $68.00) on shares of Southern Missouri Bancorp in a report on Monday, April 27th. Finally, Stephens reiterated an “overweight” rating and set a $76.00 target price (up from $72.00) on shares of Southern Missouri Bancorp in a report on Friday, April 24th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $70.67.
View Our Latest Stock Analysis on Southern Missouri Bancorp
Southern Missouri Bancorp Trading Down 0.5%
Southern Missouri Bancorp (NASDAQ:SMBC – Get Free Report) last issued its earnings results on Wednesday, April 22nd. The savings and loans company reported $1.60 EPS for the quarter, topping the consensus estimate of $1.55 by $0.05. The company had revenue of $50.25 million during the quarter, compared to analyst estimates of $49.98 million. Southern Missouri Bancorp had a return on equity of 12.05% and a net margin of 21.36%. As a group, equities analysts anticipate that Southern Missouri Bancorp, Inc. will post 6.25 EPS for the current year.
Southern Missouri Bancorp Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were given a $0.25 dividend. The ex-dividend date was Friday, May 15th. This represents a $1.00 annualized dividend and a dividend yield of 1.4%. Southern Missouri Bancorp’s dividend payout ratio (DPR) is presently 16.69%.
Insider Activity at Southern Missouri Bancorp
In other news, EVP Richard Windes sold 2,000 shares of Southern Missouri Bancorp stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $69.70, for a total value of $139,400.00. Following the completion of the transaction, the executive vice president owned 5,375 shares in the company, valued at approximately $374,637.50. This trade represents a 27.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 15.81% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP grew its position in shares of Southern Missouri Bancorp by 2.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 440,839 shares of the savings and loans company’s stock worth $28,187,000 after acquiring an additional 11,946 shares in the last quarter. FJ Capital Management LLC boosted its position in Southern Missouri Bancorp by 6.4% during the 3rd quarter. FJ Capital Management LLC now owns 300,944 shares of the savings and loans company’s stock valued at $15,818,000 after purchasing an additional 18,002 shares during the period. Clayton Financial Group LLC acquired a new position in Southern Missouri Bancorp during the 4th quarter valued at approximately $16,579,000. State Street Corp boosted its position in Southern Missouri Bancorp by 29.2% during the 4th quarter. State Street Corp now owns 275,909 shares of the savings and loans company’s stock valued at $16,312,000 after purchasing an additional 62,355 shares during the period. Finally, American Century Companies Inc. boosted its position in Southern Missouri Bancorp by 10.3% during the 3rd quarter. American Century Companies Inc. now owns 275,411 shares of the savings and loans company’s stock valued at $14,476,000 after purchasing an additional 25,751 shares during the period. Institutional investors and hedge funds own 49.49% of the company’s stock.
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.
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