Richard Windes Sells 2,000 Shares of Southern Missouri Bancorp (NASDAQ:SMBC) Stock

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) EVP Richard Windes sold 2,000 shares of Southern Missouri Bancorp stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $68.47, for a total value of $136,940.00. Following the sale, the executive vice president directly owned 5,375 shares of the company’s stock, valued at approximately $368,026.25. This trade represents a 27.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Southern Missouri Bancorp Trading Down 0.4%

Shares of NASDAQ SMBC opened at $68.99 on Friday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.22. The business has a fifty day simple moving average of $65.96 and a two-hundred day simple moving average of $62.25. The firm has a market cap of $760.27 million, a PE ratio of 11.52 and a beta of 0.89. Southern Missouri Bancorp, Inc. has a twelve month low of $47.60 and a twelve month high of $70.10.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its earnings results on Wednesday, April 22nd. The savings and loans company reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates 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%. Analysts expect that Southern Missouri Bancorp, Inc. will post 6.25 earnings per share for the current fiscal year.

Southern Missouri Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.00 dividend on an annualized basis and a yield of 1.4%. Southern Missouri Bancorp’s payout ratio is 16.69%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Assenagon Asset Management S.A. purchased a new position in Southern Missouri Bancorp during the 4th quarter worth $1,152,000. Clayton Financial Group LLC purchased a new position in Southern Missouri Bancorp during the 4th quarter worth $16,579,000. American Century Companies Inc. grew its stake 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 worth $14,476,000 after buying an additional 25,751 shares during the last quarter. ACR Alpine Capital Research LLC grew its stake in Southern Missouri Bancorp by 71.1% during the 4th quarter. ACR Alpine Capital Research LLC now owns 91,032 shares of the savings and loans company’s stock worth $5,382,000 after buying an additional 37,825 shares during the last quarter. Finally, Alps Advisors Inc. purchased a new position in Southern Missouri Bancorp during the 3rd quarter worth $431,000. 49.49% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on SMBC shares. Weiss Ratings raised Southern Missouri Bancorp from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 20th. Keefe, Bruyette & Woods lifted their target price on Southern Missouri Bancorp from $64.00 to $65.00 and gave the company a “market perform” rating in a research report on Thursday, April 9th. Stephens reaffirmed an “overweight” rating and set a $76.00 target price (up from $72.00) on shares of Southern Missouri Bancorp in a research report on Friday, April 24th. Finally, Piper Sandler reaffirmed a “neutral” rating and set a $71.00 target price (up from $68.00) on shares of Southern Missouri Bancorp in a research report on Monday, April 27th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $70.67.

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.