Southern Missouri Bancorp (NASDAQ:SMBC) Sets New 12-Month High – Here’s What Happened

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $65.93 and last traded at $65.9050, with a volume of 6712 shares trading hands. The stock had previously closed at $64.64.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Stephens reaffirmed an “overweight” rating and set a $73.00 price target (up previously from $71.00) on shares of Southern Missouri Bancorp in a report on Friday, January 23rd. Piper Sandler restated a “neutral” rating and set a $68.00 price objective (up from $61.00) on shares of Southern Missouri Bancorp in a research report on Monday, January 26th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Southern Missouri Bancorp in a report on Monday, December 29th. Finally, Keefe, Bruyette & Woods raised their price target on Southern Missouri Bancorp from $63.00 to $64.00 and gave the company a “market perform” rating in a report on Tuesday, January 27th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $68.33.

Southern Missouri Bancorp Stock Performance

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 company has a market capitalization of $732.09 million, a P/E ratio of 11.31 and a beta of 0.99. The business’s fifty day simple moving average is $60.46 and its 200-day simple moving average is $56.45.

Southern Missouri Bancorp (NASDAQ:SMBC) last released its quarterly earnings data on Wednesday, January 21st. The savings and loans company reported $1.62 EPS for the quarter, beating the consensus estimate of $1.56 by $0.06. The business had revenue of $49.65 million during the quarter, compared to the consensus estimate of $49.79 million. Southern Missouri Bancorp had a net margin of 20.80% and a return on equity of 12.04%. As a group, equities analysts anticipate that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current fiscal year.

Southern Missouri Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, February 13th. Southern Missouri Bancorp’s dividend payout ratio is 17.30%.

Insider Buying and Selling at Southern Missouri Bancorp

In related news, Director William E. Young sold 1,500 shares of the business’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $53.87, for a total value of $80,805.00. Following the sale, the director owned 93,552 shares in the company, valued at approximately $5,039,646.24. The trade was a 1.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 15.81% of the company’s stock.

Institutional Trading of Southern Missouri Bancorp

A number of large investors have recently made changes to their positions in SMBC. Private Trust Co. NA bought a new position in shares of Southern Missouri Bancorp in the 2nd quarter valued at about $32,000. Quarry LP bought a new stake in Southern Missouri Bancorp during the third quarter worth approximately $66,000. Raymond James Financial Inc. purchased a new stake in Southern Missouri Bancorp during the second quarter valued at approximately $93,000. Strs Ohio bought a new stake in shares of Southern Missouri Bancorp in the 1st quarter valued at approximately $94,000. Finally, Aquatic Capital Management LLC lifted its stake in shares of Southern Missouri Bancorp by 140.8% in the 3rd quarter. Aquatic Capital Management LLC now owns 1,946 shares of the savings and loans company’s stock valued at $102,000 after purchasing an additional 1,138 shares during the last quarter. 49.49% of the stock is currently owned by institutional investors.

Southern Missouri Bancorp Company Profile

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.