Southern Missouri Bancorp, Inc. (SMBC) Cut to Strong Sell at BidaskClub
BidaskClub lowered shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) from a sell rating to a strong sell rating in a report issued on Friday.
Separately, ValuEngine raised Southern Missouri Bancorp from a hold rating to a buy rating in a research report on Tuesday, June 6th.
Southern Missouri Bancorp (NASDAQ:SMBC) opened at 32.41 on Friday. The company has a 50-day moving average price of $32.21 and a 200-day moving average price of $33.44. Southern Missouri Bancorp has a one year low of $23.00 and a one year high of $37.00. The stock has a market cap of $241.45 million, a P/E ratio of 15.58 and a beta of 0.68.
Southern Missouri Bancorp (NASDAQ:SMBC) last released its earnings results on Monday, July 24th. The savings and loans company reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. Southern Missouri Bancorp had a return on equity of 11.87% and a net margin of 21.43%. The business had revenue of $16.43 million for the quarter. On average, analysts anticipate that Southern Missouri Bancorp will post $2.50 earnings per share for the current year.
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The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Tuesday, August 15th will be issued a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 1.36%. This is an increase from Southern Missouri Bancorp’s previous quarterly dividend of $0.10. The ex-dividend date is Friday, August 11th. Southern Missouri Bancorp’s payout ratio is presently 19.23%.
In other Southern Missouri Bancorp news, Director Dennis C. Robison sold 9,400 shares of Southern Missouri Bancorp stock in a transaction that occurred on Thursday, June 15th. The stock was sold at an average price of $33.20, for a total transaction of $312,080.00. Following the sale, the director now directly owns 2,387 shares of the company’s stock, valued at $79,248.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 18.37% of the stock is currently owned by insiders.
A hedge fund recently raised its stake in Southern Missouri Bancorp stock. Bessemer Group Inc. raised its stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 4.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,500 shares of the savings and loans company’s stock after buying an additional 400 shares during the period. Bessemer Group Inc. owned about 0.13% of Southern Missouri Bancorp worth $306,000 at the end of the most recent quarter. 43.73% of the stock is owned by institutional investors and hedge funds.
About Southern Missouri Bancorp
Southern Missouri Bancorp, Inc is the holding company for Southern Bank (the Bank). The principal business of the Bank consists primarily of attracting retail deposits from the public and using such deposits along with wholesale funding from the Federal Home Loan Bank of Des Moines (FHLB), and brokered deposits.
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