Key Points
- Southern Missouri Bancorp EVP Richard Windes sold 2,000 shares on May 21 at an average price of $68.47, totaling $136,940. After the sale, he still owned 5,375 shares, a 27.12% reduction in his stake.
- The company recently beat quarterly expectations, reporting earnings of $1.60 per share versus the $1.55 consensus and revenue of $50.25 million, while maintaining a 12.05% return on equity.
- Southern Missouri Bancorp declared a quarterly dividend of $0.25 per share, payable May 29, which works out to a 1.4% annualized yield and a relatively low payout ratio of 16.69%.
Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Get Free Report) 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 value of $136,940.00. Following the sale, the executive vice president directly owned 5,375 shares in the company, valued at $368,026.25. The trade was a 27.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.
Southern Missouri Bancorp Stock Down 0.4%
NASDAQ SMBC opened at $68.99 on Friday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.22. The stock's 50 day moving average is $65.96 and its two-hundred day moving average is $62.25. The company has a market capitalization of $760.27 million, a price-to-earnings ratio of 11.52 and a beta of 0.89. Southern Missouri Bancorp, Inc. has a 1-year low of $47.60 and a 1-year high of $70.10.
Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The savings and loans company reported $1.60 earnings per share for the quarter, beating analysts' consensus estimates of $1.55 by $0.05. The company had revenue of $50.25 million for the quarter, compared to the consensus estimate of $49.98 million. Southern Missouri Bancorp had a return on equity of 12.05% and a net margin of 21.36%. Equities analysts forecast that Southern Missouri Bancorp, Inc. will post 6.25 earnings per share for the current fiscal year.
Southern Missouri Bancorp Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, May 15th. Southern Missouri Bancorp's payout ratio is presently 16.69%.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada raised its position in 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 last quarter. NewEdge Advisors LLC raised its position in Southern Missouri Bancorp by 105.7% in the 4th quarter. NewEdge Advisors LLC now owns 718 shares of the savings and loans company's stock worth $42,000 after purchasing an additional 369 shares during the last quarter. Quarry LP bought a new position in Southern Missouri Bancorp in the 3rd quarter worth approximately $66,000. Raymond James Financial Inc. bought a new position in Southern Missouri Bancorp in the 2nd quarter worth approximately $93,000. Finally, Strs Ohio bought a new position in Southern Missouri Bancorp in the 1st quarter worth approximately $94,000. Institutional investors own 49.49% of the company's stock.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on the company. Piper Sandler reissued a "neutral" rating and issued a $71.00 target price (up from $68.00) on shares of Southern Missouri Bancorp in a report on Monday, April 27th. Stephens reissued an "overweight" rating and issued a $76.00 target price (up from $72.00) on shares of Southern Missouri Bancorp in a report on Friday, April 24th. Keefe, Bruyette & Woods boosted their target price 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. Finally, Weiss Ratings raised Southern Missouri Bancorp from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday, February 20th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $70.67.
Get Our Latest Stock Report on Southern Missouri Bancorp
About Southern Missouri Bancorp
(
Get Free Report)
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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