Southern Missouri Bancorp (NASDAQ:SMBC) Shares Pass Above 200-Day Moving Average – What’s Next?

Shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $57.81 and traded as high as $63.25. Southern Missouri Bancorp shares last traded at $62.84, with a volume of 64,652 shares.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Weiss Ratings raised shares of Southern Missouri Bancorp from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 20th. Stephens reaffirmed an “overweight” rating and set a $73.00 target price (up from $71.00) on shares of Southern Missouri Bancorp in a report on Friday, January 23rd. Keefe, Bruyette & Woods lifted their target price on shares of Southern Missouri Bancorp from $63.00 to $64.00 and gave the stock a “market perform” rating in a research report on Tuesday, January 27th. Finally, Piper Sandler restated a “neutral” rating and set a $68.00 price target (up from $61.00) on shares of Southern Missouri Bancorp in a research report on Monday, January 26th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $68.33.

Southern Missouri Bancorp Stock Down 1.5%

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 stock has a market capitalization of $693.60 million, a PE ratio of 10.80 and a beta of 0.96. The company has a 50 day moving average price of $62.37 and a 200-day moving average price of $57.85.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its quarterly earnings data on Friday, February 6th. The savings and loans company reported $1.61 EPS for the quarter. The business had revenue of $49.65 million during the quarter. Southern Missouri Bancorp had a net margin of 20.80% and a return on equity of 11.92%. As a group, analysts forecast that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current fiscal year.

Southern Missouri Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were given a dividend of $0.25 per share. The ex-dividend date was Friday, February 13th. This represents a $1.00 annualized dividend and a dividend yield of 1.6%. Southern Missouri Bancorp’s payout ratio is currently 17.30%.

Insiders Place Their Bets

In other Southern Missouri Bancorp news, Director Charles R. Love sold 580 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $64.00, for a total value of $37,120.00. Following the completion of the transaction, the director owned 15,220 shares in the company, valued at approximately $974,080. This represents a 3.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 15.81% of the stock is currently owned by insiders.

Institutional Trading of Southern Missouri Bancorp

Several institutional investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Southern Missouri Bancorp by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,681 shares of the savings and loans company’s stock worth $296,000 after purchasing an additional 234 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Southern Missouri Bancorp by 105.7% during the 4th quarter. NewEdge Advisors LLC now owns 718 shares of the savings and loans company’s stock valued at $42,000 after buying an additional 369 shares during the period. Swiss National Bank lifted its holdings in shares of Southern Missouri Bancorp by 2.2% during the 4th quarter. Swiss National Bank now owns 18,953 shares of the savings and loans company’s stock valued at $1,121,000 after buying an additional 400 shares during the period. Rhumbline Advisers boosted its stake in shares of Southern Missouri Bancorp by 3.5% in the 2nd quarter. Rhumbline Advisers now owns 15,136 shares of the savings and loans company’s stock worth $829,000 after buying an additional 518 shares during the last quarter. Finally, SG Americas Securities LLC grew its holdings in shares of Southern Missouri Bancorp by 11.0% in the fourth quarter. SG Americas Securities LLC now owns 5,537 shares of the savings and loans company’s stock worth $327,000 after acquiring an additional 550 shares during the period. 49.49% of the stock is owned by hedge funds and other 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.