Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Short Interest Update

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 68,800 shares, a growth of 40.7% from the December 15th total of 48,900 shares. Based on an average daily trading volume, of 32,500 shares, the short-interest ratio is currently 2.1 days.

Southern Missouri Bancorp Trading Down 0.2 %

NASDAQ SMBC traded down $0.13 during trading on Thursday, reaching $55.73. 38,149 shares of the stock traded hands, compared to its average volume of 34,875. The stock’s 50-day moving average price is $61.78 and its 200 day moving average price is $56.76. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.26. The firm has a market cap of $628.63 million, a price-to-earnings ratio of 12.81 and a beta of 0.99. Southern Missouri Bancorp has a fifty-two week low of $39.00 and a fifty-two week high of $68.69.

Southern Missouri Bancorp (NASDAQ:SMBC) last posted its quarterly earnings data on Tuesday, October 29th. The savings and loans company reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.11 by ($0.01). Southern Missouri Bancorp had a return on equity of 10.18% and a net margin of 17.44%. The firm had revenue of $74.55 million for the quarter, compared to analyst estimates of $42.48 million. Analysts predict that Southern Missouri Bancorp will post 4.75 EPS for the current year.

Southern Missouri Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were paid a dividend of $0.23 per share. The ex-dividend date was Friday, November 15th. This represents a $0.92 annualized dividend and a dividend yield of 1.65%. Southern Missouri Bancorp’s dividend payout ratio is currently 21.15%.

Analyst Ratings Changes

SMBC has been the topic of a number of research reports. Piper Sandler boosted their price objective on Southern Missouri Bancorp from $62.00 to $66.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th. Stephens raised their price target on shares of Southern Missouri Bancorp from $70.00 to $72.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th.

Insider Buying and Selling at Southern Missouri Bancorp

In other Southern Missouri Bancorp news, Director William E. Young sold 3,000 shares of the business’s stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of $59.90, for a total value of $179,700.00. Following the completion of the sale, the director now owns 48,649 shares of the company’s stock, valued at $2,914,075.10. The trade was a 5.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 16.60% of the company’s stock.

Hedge Funds Weigh In On Southern Missouri Bancorp

Institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its position in shares of Southern Missouri Bancorp by 249.1% in the third quarter. JPMorgan Chase & Co. now owns 25,080 shares of the savings and loans company’s stock valued at $1,417,000 after acquiring an additional 17,895 shares during the period. Franklin Resources Inc. grew its stake in Southern Missouri Bancorp by 48.2% during the third quarter. Franklin Resources Inc. now owns 104,175 shares of the savings and loans company’s stock worth $6,105,000 after buying an additional 33,902 shares in the last quarter. Barclays PLC increased its holdings in Southern Missouri Bancorp by 90.4% in the 3rd quarter. Barclays PLC now owns 25,273 shares of the savings and loans company’s stock valued at $1,427,000 after buying an additional 11,996 shares during the period. Geode Capital Management LLC lifted its stake in Southern Missouri Bancorp by 1.0% during the third quarter. Geode Capital Management LLC now owns 217,753 shares of the savings and loans company’s stock worth $12,304,000 after purchasing an additional 2,113 shares during the last quarter. Finally, Zacks Investment Management bought a new position in shares of Southern Missouri Bancorp in the third quarter worth about $273,000. 49.49% of the stock is currently owned by institutional investors and hedge funds.

Southern Missouri Bancorp Company Profile

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.