Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Director Sells $179,700.00 in Stock

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Director William E. Young sold 3,000 shares of Southern Missouri Bancorp stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $59.90, for a total transaction of $179,700.00. Following the sale, the director now owns 48,649 shares in the company, valued at $2,914,075.10. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Southern Missouri Bancorp Stock Down 1.0 %

Shares of NASDAQ:SMBC opened at $58.68 on Friday. Southern Missouri Bancorp, Inc. has a 52 week low of $39.00 and a 52 week high of $62.03. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.97 and a current ratio of 0.97. The company’s fifty day moving average is $56.83 and its 200-day moving average is $49.25. The company has a market capitalization of $661.91 million, a PE ratio of 13.49 and a beta of 0.95.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its quarterly earnings results on Tuesday, October 29th. The savings and loans company reported $1.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.11 by ($0.01). The company had revenue of $74.55 million for the quarter, compared to analyst estimates of $42.48 million. Southern Missouri Bancorp had a return on equity of 10.32% and a net margin of 17.44%. Equities research analysts predict that Southern Missouri Bancorp, Inc. will post 4.9 earnings per share for the current fiscal year.

Southern Missouri Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be given a dividend of $0.23 per share. The ex-dividend date is Friday, November 15th. This represents a $0.92 annualized dividend and a yield of 1.57%. Southern Missouri Bancorp’s dividend payout ratio (DPR) is 21.15%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Piper Sandler boosted their target price on shares of Southern Missouri Bancorp from $62.00 to $66.00 and gave the company an “overweight” rating in a research note on Wednesday. Stephens boosted their target price on shares of Southern Missouri Bancorp from $70.00 to $72.00 and gave the company an “overweight” rating in a research note on Wednesday.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. EntryPoint Capital LLC acquired a new position in Southern Missouri Bancorp during the 1st quarter worth about $25,000. BNP Paribas Financial Markets lifted its position in Southern Missouri Bancorp by 86.8% during the 1st quarter. BNP Paribas Financial Markets now owns 4,747 shares of the savings and loans company’s stock worth $207,000 after buying an additional 2,206 shares in the last quarter. XTX Topco Ltd acquired a new position in Southern Missouri Bancorp during the 2nd quarter worth about $210,000. SG Americas Securities LLC acquired a new position in Southern Missouri Bancorp during the 3rd quarter worth about $233,000. Finally, Bailard Inc. acquired a new position in Southern Missouri Bancorp during the 2nd quarter worth about $293,000. Institutional investors and hedge funds own 49.49% of the company’s stock.

About Southern Missouri Bancorp

Southern Missouri Bancorp, Inc operates as the bank holding company for Southern Bank that provides banking and financial services to individuals and corporate customers in the United States. The company offers deposits products, including interest-bearing and noninterest-bearing transaction accounts, saving accounts, certificates of deposit, retirement savings plans, and money market deposit accounts.