Southern Missouri Bancorp (NASDAQ:SMBC) Hits New 1-Year High – What’s Next?

Shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) reached a new 52-week high on Thursday . The company traded as high as $63.34 and last traded at $63.29, with a volume of 7398 shares trading hands. The stock had previously closed at $62.51.

Analyst Ratings Changes

SMBC has been the subject of a number of recent analyst reports. Piper Sandler set a $60.50 price objective on Southern Missouri Bancorp and gave the company a “neutral” rating in a report on Monday, October 27th. Keefe, Bruyette & Woods boosted their target price on Southern Missouri Bancorp from $61.00 to $63.00 and gave the stock a “market perform” rating in a research report on Wednesday, October 29th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Southern Missouri Bancorp in a research report on Monday. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $62.83.

Southern Missouri Bancorp Stock Performance

The company has a debt-to-equity ratio of 0.22, a current ratio of 0.99 and a quick ratio of 0.99. The company has a market cap of $691.26 million, a price-to-earnings ratio of 11.30 and a beta of 0.98. The stock has a 50-day moving average price of $55.26 and a 200 day moving average price of $55.00.

Southern Missouri Bancorp (NASDAQ:SMBC) last posted its earnings results on Wednesday, November 10th. The savings and loans company reported $1.40 earnings per share (EPS) for the quarter. Southern Missouri Bancorp had a return on equity of 11.57% and a net margin of 19.86%.The business had revenue of $30.15 million during the quarter. As a group, analysts anticipate that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 14th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, November 14th. Southern Missouri Bancorp’s dividend payout ratio is currently 18.32%.

Insider Activity

In other Southern Missouri Bancorp news, Director William E. Young sold 1,500 shares of the business’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 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 15.81% of the company’s stock.

Institutional Investors Weigh In On Southern Missouri Bancorp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Tudor Investment Corp ET AL acquired a new position in shares of Southern Missouri Bancorp during the 3rd quarter worth about $257,000. PharVision Advisers LLC acquired a new position in shares of Southern Missouri Bancorp during the 3rd quarter worth approximately $397,000. Polymer Capital Management US LLC bought a new stake in shares of Southern Missouri Bancorp during the 3rd quarter worth approximately $277,000. Quarry LP acquired a new stake in shares of Southern Missouri Bancorp in the 3rd quarter valued at approximately $66,000. Finally, Qube Research & Technologies Ltd grew its stake in shares of Southern Missouri Bancorp by 65.4% in the third quarter. Qube Research & Technologies Ltd now owns 53,695 shares of the savings and loans company’s stock valued at $2,822,000 after buying an additional 21,224 shares in the last quarter. 49.49% of the stock is currently owned by institutional investors and hedge funds.

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.