Southern Missouri Bancorp (NASDAQ:SMBC) Shares Gap Down – Should You Sell?

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) shares gapped down before the market opened on Monday . The stock had previously closed at $63.87, but opened at $60.28. Southern Missouri Bancorp shares last traded at $60.9450, with a volume of 4,307 shares changing hands.

Analyst Ratings Changes

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

Southern Missouri Bancorp Stock Down 0.8%

The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $679.39 million, a P/E ratio of 10.49 and a beta of 0.98. The firm’s 50 day moving average price is $59.67 and its two-hundred day moving average price is $56.23.

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

Southern Missouri Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.6%. The ex-dividend date is Friday, February 13th. Southern Missouri Bancorp’s dividend payout ratio (DPR) is 17.30%.

Insider Transactions at Southern Missouri Bancorp

In other news, Director William E. Young sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $53.87, for a total value of $80,805.00. Following the completion of the sale, the director directly owned 93,552 shares of the company’s stock, valued at $5,039,646.24. This trade represents a 1.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 15.81% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Southern Missouri Bancorp

Several large investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP lifted its holdings in shares of Southern Missouri Bancorp by 0.9% during the third quarter. Dimensional Fund Advisors LP now owns 432,463 shares of the savings and loans company’s stock worth $22,731,000 after purchasing an additional 4,037 shares during the period. FJ Capital Management LLC lifted its stake in shares of Southern Missouri Bancorp by 6.4% in the third quarter. FJ Capital Management LLC now owns 300,944 shares of the savings and loans company’s stock worth $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 in the fourth quarter valued at approximately $16,579,000. American Century Companies Inc. increased its position in Southern Missouri Bancorp by 10.3% during the 3rd quarter. American Century Companies Inc. now owns 275,411 shares of the savings and loans company’s stock valued at $14,476,000 after purchasing an additional 25,751 shares during the period. Finally, Geode Capital Management LLC raised its holdings in Southern Missouri Bancorp by 4.9% during the 2nd quarter. Geode Capital Management LLC now owns 230,664 shares of the savings and loans company’s stock worth $12,638,000 after purchasing an additional 10,802 shares during the last quarter. 49.49% of the stock is 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.