Insider Selling: Southern Missouri Bancorp (NASDAQ:SMBC) EVP Sells 2,000 Shares of Stock

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

Southern Missouri Bancorp Stock Performance

NASDAQ:SMBC traded down $0.31 during mid-day trading on Friday, reaching $68.99. 54,644 shares of the company’s stock were exchanged, compared to its average volume of 71,608. Southern Missouri Bancorp, Inc. has a one year low of $47.60 and a one year high of $70.10. The firm has a market capitalization of $759.99 million, a PE ratio of 11.52 and a beta of 0.89. The business’s fifty day simple moving average is $65.81 and its two-hundred day simple moving average is $62.20. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.99 and a current ratio of 0.99.

Southern Missouri Bancorp (NASDAQ:SMBC) last released its quarterly earnings results on Wednesday, April 22nd. The savings and loans company reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $1.55 by $0.05. Southern Missouri Bancorp had a net margin of 21.36% and a return on equity of 12.05%. The business had revenue of $50.25 million for the quarter, compared to analyst estimates of $49.98 million. Analysts anticipate that Southern Missouri Bancorp, Inc. will post 6.25 earnings per share for the current fiscal year.

Southern Missouri Bancorp Dividend Announcement

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

Analyst Ratings Changes

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

Hedge Funds Weigh In On Southern Missouri Bancorp

Several hedge funds have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Southern Missouri Bancorp by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,681 shares of the savings and loans company’s stock valued at $296,000 after buying an additional 234 shares during the period. Royal Bank of Canada grew 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 valued at $36,000 after purchasing an additional 313 shares during the last quarter. NewEdge Advisors LLC grew 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 purchasing an additional 369 shares during the last quarter. Swiss National Bank grew 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 purchasing an additional 400 shares during the last quarter. Finally, Rhumbline Advisers grew its holdings in shares of Southern Missouri Bancorp by 3.5% during the 2nd quarter. Rhumbline Advisers now owns 15,136 shares of the savings and loans company’s stock valued at $829,000 after purchasing an additional 518 shares during the last quarter. 49.49% of the stock is owned by 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.