Southern Missouri Bancorp (NASDAQ:SMBC) Given Overweight Rating at Stephens

Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report)'s stock had its "overweight" rating restated by equities researchers at Stephens in a report issued on Tuesday,Benzinga reports. They currently have a $76.00 price objective on the savings and loans company's stock. Stephens' price target indicates a potential upside of 28.42% from the stock's current price.

Separately, Piper Sandler lifted their price objective on Southern Missouri Bancorp from $62.00 to $66.00 and gave the company an "overweight" rating in a research note on Wednesday, October 30th.

Southern Missouri Bancorp Stock Performance

Shares of Southern Missouri Bancorp stock traded up $0.45 during trading hours on Tuesday, reaching $59.18. The company had a trading volume of 37,275 shares, compared to its average volume of 37,863. Southern Missouri Bancorp has a one year low of $39.00 and a one year high of $68.69. The business has a fifty day simple moving average of $59.97 and a 200 day simple moving average of $57.65. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a market cap of $667.55 million, a PE ratio of 12.92 and a beta of 0.99.

Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last posted its quarterly earnings results on Monday, February 3rd. The savings and loans company reported $1.30 EPS for the quarter, topping analysts' consensus estimates of $1.23 by $0.07. Southern Missouri Bancorp had a return on equity of 10.56% and a net margin of 17.72%. On average, analysts anticipate that Southern Missouri Bancorp will post 4.75 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Southern Missouri Bancorp

Large investors have recently added to or reduced their stakes in the company. Empowered Funds LLC raised its position in Southern Missouri Bancorp by 4.7% during the fourth quarter. Empowered Funds LLC now owns 20,844 shares of the savings and loans company's stock valued at $1,196,000 after purchasing an additional 945 shares in the last quarter. SG Americas Securities LLC raised its position in Southern Missouri Bancorp by 21.6% during the fourth quarter. SG Americas Securities LLC now owns 5,026 shares of the savings and loans company's stock valued at $288,000 after purchasing an additional 894 shares in the last quarter. JPMorgan Chase & Co. raised its position in 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 purchasing an additional 17,895 shares in the last quarter. Franklin Resources Inc. raised its position in Southern Missouri Bancorp by 48.2% during the third quarter. Franklin Resources Inc. now owns 104,175 shares of the savings and loans company's stock valued at $6,105,000 after purchasing an additional 33,902 shares in the last quarter. Finally, Barclays PLC raised its position in 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 purchasing an additional 11,996 shares in the last quarter. Hedge funds and other institutional investors own 49.49% of the company's stock.

About Southern Missouri Bancorp

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.