Key Points
- Director Thomas Lupo purchased 1,000 shares on Feb. 23 at $16.47 each (total $16,470), raising his stake to 44,015 shares (a 2.32% increase), as disclosed in an SEC filing.
- SR Bancorp missed Q4 estimates with EPS of $0.09 vs. $0.11 expected and revenue of $8.37M vs. $8.50M, and it pays a quarterly dividend of $0.05 (1.2% yield; DPR 55.56%).
- The stock trades near recent highs with a market cap of ~$140M, P/E of 46.69 and a 52-week range of $11.36–$18.04, while analysts hold a consensus rating of "Hold" with a $16.00 target.
SR Bancorp, Inc. (NASDAQ:SRBK - Get Free Report) Director Thomas Lupo purchased 1,000 shares of the company's stock in a transaction that occurred on Monday, February 23rd. The stock was acquired at an average cost of $16.47 per share, for a total transaction of $16,470.00. Following the transaction, the director owned 44,015 shares in the company, valued at $724,927.05. This represents a 2.32% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
SR Bancorp Price Performance
SRBK stock opened at $16.81 on Wednesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.04 and a current ratio of 1.04. The business has a 50-day simple moving average of $16.67 and a two-hundred day simple moving average of $15.62. The company has a market capitalization of $140.11 million, a P/E ratio of 46.69 and a beta of 0.53. SR Bancorp, Inc. has a 52-week low of $11.36 and a 52-week high of $18.04.
SR Bancorp (NASDAQ:SRBK - Get Free Report) last posted its earnings results on Wednesday, January 28th. The company reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $0.11 by ($0.02). The company had revenue of $8.37 million during the quarter, compared to the consensus estimate of $8.50 million. SR Bancorp had a net margin of 5.82% and a return on equity of 1.27%.
SR Bancorp Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.05 per share. The ex-dividend date was Wednesday, December 31st. This represents a $0.20 annualized dividend and a yield of 1.2%. SR Bancorp's dividend payout ratio (DPR) is 55.56%.
Wall Street Analysts Forecast Growth
SRBK has been the subject of several analyst reports. Weiss Ratings reiterated a "hold (c)" rating on shares of SR Bancorp in a report on Thursday, January 22nd. Hovde Group initiated coverage on shares of SR Bancorp in a research report on Tuesday, November 18th. They set a "market perform" rating and a $16.00 target price on the stock. Finally, Wall Street Zen cut SR Bancorp from a "hold" rating to a "sell" rating in a research report on Saturday, November 22nd. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $16.00.
Get Our Latest Stock Analysis on SR Bancorp
Institutional Investors Weigh In On SR Bancorp
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Jane Street Group LLC purchased a new position in SR Bancorp in the first quarter worth $263,000. Pekin Hardy Strauss Inc. bought a new stake in SR Bancorp during the second quarter worth about $392,000. Geode Capital Management LLC boosted its holdings in shares of SR Bancorp by 94.5% in the 2nd quarter. Geode Capital Management LLC now owns 187,005 shares of the company's stock worth $2,525,000 after purchasing an additional 90,873 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in shares of SR Bancorp in the 2nd quarter worth about $50,000. Finally, New York State Common Retirement Fund bought a new position in shares of SR Bancorp during the 2nd quarter valued at about $103,000. 24.70% of the stock is currently owned by institutional investors.
About SR Bancorp
(
Get Free Report)
SR Bancorp, Inc is a bank holding company that provides a broad array of banking and financial services through its wholly owned subsidiary. The firm focuses on serving community markets and maintaining close relationships with individuals, small businesses and local institutions.
Its product suite includes traditional deposit accounts such as checking and savings, certificates of deposit and money market accounts. On the lending side, SR Bancorp offers consumer, residential mortgage and commercial loans, as well as specialized lending solutions for small and mid-sized businesses.
Further Reading

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