Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $58.31 and traded as high as $60.50. Southern Missouri Bancorp shares last traded at $60.50, with a volume of 19,030 shares.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on SMBC shares. Piper Sandler increased their target price on shares of Southern Missouri Bancorp from $62.00 to $66.00 and gave the stock an "overweight" rating in a report on Wednesday, October 30th. Keefe, Bruyette & Woods dropped their target price on shares of Southern Missouri Bancorp from $70.00 to $68.00 and set a "market perform" rating for the company in a report on Thursday, January 30th. Finally, Stephens reiterated an "overweight" rating and set a $76.00 target price on shares of Southern Missouri Bancorp in a report on Tuesday, January 28th.
Read Our Latest Stock Report on SMBC
Southern Missouri Bancorp Trading Down 0.7 %
The company has a market capitalization of $677.70 million, a P/E ratio of 13.12 and a beta of 0.99. The stock's 50 day moving average is $58.54 and its 200-day moving average is $58.45. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.98 and a quick ratio of 0.98.
Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last released its quarterly earnings results on Monday, February 3rd. The savings and loans company reported $1.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.23 by $0.07. Southern Missouri Bancorp had a net margin of 17.72% and a return on equity of 10.56%. As a group, equities research analysts anticipate that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current year.
Southern Missouri Bancorp Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date of this dividend is Friday, February 14th. Southern Missouri Bancorp's payout ratio is currently 20.09%.
Insider Buying and Selling
In other Southern Missouri Bancorp news, Director Douglas Bagby sold 7,000 shares of the firm's stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $59.08, for a total transaction of $413,560.00. Following the completion of the transaction, the director now owns 21,000 shares of the company's stock, valued at approximately $1,240,680. This trade represents a 25.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 16.60% of the stock is owned by insiders.
Hedge Funds Weigh In On Southern Missouri Bancorp
A number of institutional investors and hedge funds have recently made changes to their positions in SMBC. Charles Schwab Investment Management Inc. increased its position in shares of Southern Missouri Bancorp by 147.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 89,957 shares of the savings and loans company's stock valued at $5,082,000 after acquiring an additional 53,670 shares in the last quarter. Barclays PLC increased its position in shares of Southern Missouri Bancorp by 90.4% during the third quarter. Barclays PLC now owns 25,273 shares of the savings and loans company's stock valued at $1,427,000 after acquiring an additional 11,996 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Southern Missouri Bancorp by 249.1% during the third quarter. JPMorgan Chase & Co. now owns 25,080 shares of the savings and loans company's stock valued at $1,417,000 after acquiring an additional 17,895 shares in the last quarter. Janus Henderson Group PLC increased its position in shares of Southern Missouri Bancorp by 42.4% during the third quarter. Janus Henderson Group PLC now owns 8,071 shares of the savings and loans company's stock valued at $455,000 after acquiring an additional 2,404 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Southern Missouri Bancorp by 1.0% during the third quarter. Geode Capital Management LLC now owns 217,753 shares of the savings and loans company's stock valued at $12,304,000 after acquiring an additional 2,113 shares in the last quarter. Institutional investors own 49.49% of the company's stock.
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.
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