Key Points
- Insider sale: Director William Young sold 1,500 shares on Nov. 20 at an average of $53.87 for $80,805, leaving him with 93,552 shares (a 1.58% reduction, valued at about $5.04M).
- Shares rose 2.6% to $55.54 on above-average volume; the company has a market cap of $622M, a P/E of 10.17, and announced a quarterly dividend of $0.25 (annual $1.00, yield 1.8%).
- SMBC reported last-quarter EPS of $1.40, analysts' consensus is a "Hold" with an average price target of $62.83, and institutional investors own roughly 49.5% of the stock.
Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Get Free Report) Director William Young sold 1,500 shares of the firm's 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 sale, the director owned 93,552 shares of the company's stock, valued at approximately $5,039,646.24. This trade represents a 1.58% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Southern Missouri Bancorp Stock Up 2.6%
Shares of SMBC traded up $1.39 during trading on Friday, reaching $55.54. The company's stock had a trading volume of 56,421 shares, compared to its average volume of 40,687. Southern Missouri Bancorp, Inc. has a twelve month low of $45.10 and a twelve month high of $68.69. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.23. The company has a market cap of $622.16 million, a price-to-earnings ratio of 10.17 and a beta of 1.05. The company has a fifty day moving average of $53.07 and a two-hundred day moving average of $54.23.
Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last issued its quarterly earnings results on Wednesday, November 10th. The savings and loans company reported $1.40 earnings per share (EPS) for the quarter. Southern Missouri Bancorp had a net margin of 19.86% and a return on equity of 11.74%. The business had revenue of $30.15 million during the quarter. On average, sell-side analysts predict that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current fiscal year.
Southern Missouri Bancorp Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Friday, November 14th. Southern Missouri Bancorp's dividend payout ratio is 18.32%.
Analyst Ratings Changes
A number of equities analysts recently commented on SMBC shares. Keefe, Bruyette & Woods lifted their price target on Southern Missouri Bancorp from $61.00 to $63.00 and gave the stock a "market perform" rating in a research note on Wednesday, October 29th. Piper Sandler set a $60.50 price target on Southern Missouri Bancorp and gave the company a "neutral" rating in a report on Monday, October 27th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of Southern Missouri Bancorp in a research report on Wednesday. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Southern Missouri Bancorp presently has an average rating of "Hold" and an average price target of $62.83.
Check Out Our Latest Research Report on Southern Missouri Bancorp
Hedge Funds Weigh In On Southern Missouri Bancorp
Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of Southern Missouri Bancorp by 2.1% during the 1st quarter. Vanguard Group Inc. now owns 609,644 shares of the savings and loans company's stock worth $31,714,000 after purchasing an additional 12,358 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Southern Missouri Bancorp by 0.9% during the third quarter. Dimensional Fund Advisors LP now owns 432,463 shares of the savings and loans company's stock valued at $22,731,000 after acquiring an additional 4,037 shares during the period. FJ Capital Management LLC grew its position in shares of Southern Missouri Bancorp by 6.4% during the third quarter. FJ Capital Management LLC now owns 300,944 shares of the savings and loans company's stock worth $15,818,000 after acquiring an additional 18,002 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Southern Missouri Bancorp by 10.3% in the 3rd quarter. American Century Companies Inc. now owns 275,411 shares of the savings and loans company's stock worth $14,476,000 after acquiring an additional 25,751 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of Southern Missouri Bancorp by 4.9% in the 2nd quarter. Geode Capital Management LLC now owns 230,664 shares of the savings and loans company's stock worth $12,638,000 after acquiring an additional 10,802 shares during the period. 49.49% of the stock is owned by institutional investors.
About Southern Missouri Bancorp
(
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.
Further Reading
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