Southern Missouri Bancorp (NASDAQ:SMBC) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $58.46 and traded as high as $63.02. Southern Missouri Bancorp shares last traded at $62.44, with a volume of 42,041 shares changing hands.

Wall Street Analyst Weigh In

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

Southern Missouri Bancorp Price Performance

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 company’s 50-day moving average price is $63.02 and its 200-day moving average price is $58.47. The company has a market cap of $693.58 million, a P/E ratio of 10.80 and a beta of 0.96.

Southern Missouri Bancorp (NASDAQ:SMBC) last posted 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 for the quarter. Southern Missouri Bancorp had a net margin of 20.80% and a return on equity of 11.92%. As a group, sell-side analysts predict that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

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

Insider Activity

In related news, Director Charles R. Love sold 580 shares of the stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $64.00, for a total transaction of $37,120.00. Following the completion of the transaction, the director directly owned 15,220 shares in the company, valued at approximately $974,080. This trade represents a 3.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 15.81% of the company’s stock.

Hedge Funds Weigh In On Southern Missouri Bancorp

A number of large investors have recently bought and sold shares of SMBC. Clayton Financial Group LLC acquired a new stake in shares of Southern Missouri Bancorp in the fourth quarter valued at approximately $16,579,000. State Street Corp increased its stake in Southern Missouri Bancorp by 29.2% in the 4th quarter. State Street Corp now owns 275,909 shares of the savings and loans company’s stock valued at $16,312,000 after buying an additional 62,355 shares during the last quarter. Maltese Capital Management LLC bought a new stake in Southern Missouri Bancorp during the 4th quarter worth about $3,554,000. AQR Capital Management LLC boosted its stake in shares of Southern Missouri Bancorp by 533.2% during the 4th quarter. AQR Capital Management LLC now owns 62,362 shares of the savings and loans company’s stock worth $3,687,000 after buying an additional 52,513 shares during the last quarter. Finally, Millennium Management LLC grew its holdings in shares of Southern Missouri Bancorp by 86.5% in the 3rd quarter. Millennium Management LLC now owns 100,724 shares of the savings and loans company’s stock valued at $5,294,000 after acquiring an additional 46,730 shares in the last quarter. Institutional investors and hedge funds own 49.49% of the company’s stock.

About Southern Missouri Bancorp

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.