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 the company’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $69.70, for a total value of $139,400.00. Following the sale, the executive vice president directly owned 5,375 shares of the company’s stock, valued at approximately $374,637.50. This represents a 27.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Richard Windes also recently made the following trade(s):

• On Thursday, May 21st, Richard Windes sold 2,000 shares of Southern Missouri Bancorp stock. The shares were sold at an average price of $68.47, for a total value of $136,940.00.

Southern Missouri Bancorp Stock Performance

Shares of NASDAQ:SMBC traded up $0.22 during trading on Tuesday, reaching $70.00. The company had a trading volume of 156,052 shares, compared to its average volume of 74,927. Southern Missouri Bancorp, Inc. has a fifty-two week low of $47.60 and a fifty-two week high of $71.48. 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’s fifty day moving average price is $67.49 and its 200 day moving average price is $63.48. The firm has a market capitalization of $771.12 million, a price-to-earnings ratio of 11.69 and a beta of 0.88.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its quarterly earnings results on Wednesday, April 22nd. The savings and loans company reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.55 by $0.05. The firm had revenue of $50.25 million during the quarter, compared to the consensus estimate of $49.98 million. Southern Missouri Bancorp had a return on equity of 12.05% and a net margin of 21.36%. As a group, equities research analysts predict that Southern Missouri Bancorp, Inc. will post 6.25 EPS for the current year.

Southern Missouri Bancorp Dividend Announcement

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Royal Bank of Canada lifted its holdings in shares of Southern Missouri Bancorp by 124.7% during the 1st quarter. Royal Bank of Canada now owns 564 shares of the savings and loans company’s stock worth $36,000 after acquiring an additional 313 shares during the period. 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 worth $42,000 after acquiring an additional 369 shares during the period. Quarry LP purchased a new position in shares of Southern Missouri Bancorp during the 3rd quarter worth about $66,000. Raymond James Financial Inc. purchased a new position in shares of Southern Missouri Bancorp during the 2nd quarter worth about $93,000. Finally, Strs Ohio purchased a new position in Southern Missouri Bancorp in the first quarter valued at approximately $94,000. 49.49% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SMBC has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods upped their price target on shares of Southern Missouri Bancorp from $64.00 to $65.00 and gave the stock a “market perform” rating in a research note on Thursday, April 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Southern Missouri Bancorp in a research note on Thursday. Piper Sandler reaffirmed a “neutral” rating and set a $71.00 price target (up from $68.00) on shares of Southern Missouri Bancorp in a research note on Monday, April 27th. Finally, Stephens reaffirmed an “overweight” rating and set a $76.00 price target (up from $72.00) on shares of Southern Missouri Bancorp in a research note on Friday, April 24th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price 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.