Southern Missouri Bancorp (NASDAQ:SMBC) Stock Passes Above 200 Day Moving Average – Should You Sell?

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $66.04 and traded as high as $74.81. Southern Missouri Bancorp shares last traded at $74.42, with a volume of 52,848 shares changing hands.

Analyst Upgrades and Downgrades

SMBC has been the topic of several research reports. Stephens reissued an “overweight” rating and issued a $76.00 target price (up from $72.00) on shares of Southern Missouri Bancorp in a research report on Friday, April 24th. Piper Sandler reaffirmed a “neutral” rating and set a $79.00 price target (up from $71.00) on shares of Southern Missouri Bancorp in a research report on Friday, June 26th. Weiss Ratings reiterated a “buy (b)” rating on shares of Southern Missouri Bancorp in a research note on Thursday, June 4th. Finally, Keefe, Bruyette & Woods raised their price objective on shares of Southern Missouri Bancorp from $64.00 to $65.00 and gave the stock a “market perform” rating in a report on Thursday, April 9th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $73.33.

Southern Missouri Bancorp Trading Down 0.4%

The company has a market capitalization of $820.11 million, a P/E ratio of 12.42 and a beta of 0.86. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.99 and a current ratio of 0.99. The stock has a fifty day moving average of $71.18 and a 200 day moving average of $66.04.

Southern Missouri Bancorp (NASDAQ:SMBC) last released its quarterly earnings results on Wednesday, April 22nd. The savings and loans company reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.05. The business had revenue of $50.25 million during the quarter, compared to analyst estimates of $49.98 million. Southern Missouri Bancorp had a return on equity of 12.05% and a net margin of 21.36%. As a group, equities research analysts anticipate that Southern Missouri Bancorp, Inc. will post 6.25 EPS for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Friday, May 15th. Southern Missouri Bancorp’s dividend payout ratio is presently 16.69%.

Insider Activity

In other news, EVP Richard Windes sold 2,000 shares of the firm’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $69.70, for a total transaction of $139,400.00. Following the sale, the executive vice president directly owned 5,375 shares in the company, valued at $374,637.50. This trade represents a 27.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 15.81% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of SMBC. Dimensional Fund Advisors LP increased its stake in Southern Missouri Bancorp by 2.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 440,839 shares of the savings and loans company’s stock worth $28,187,000 after buying an additional 11,946 shares in the last quarter. FJ Capital Management LLC raised its holdings in 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 valued at $15,818,000 after acquiring an additional 18,002 shares during the period. Clayton Financial Group LLC bought a new stake in Southern Missouri Bancorp during the fourth quarter valued at about $16,579,000. State Street Corp lifted its position in shares of Southern Missouri Bancorp by 29.2% in the fourth quarter. State Street Corp now owns 275,909 shares of the savings and loans company’s stock valued at $16,312,000 after acquiring an additional 62,355 shares in the last quarter. Finally, Millennium Management LLC lifted its position in shares of Southern Missouri Bancorp by 86.5% in the third quarter. Millennium Management LLC now owns 100,724 shares of the savings and loans company’s stock valued at $5,294,000 after acquiring an additional 46,730 shares in the last quarter. Institutional investors own 49.49% of the company’s stock.

About Southern Missouri Bancorp

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.