Southern Missouri Bancorp (NASDAQ:SMBC) EVP Richard Windes Sells 2,000 Shares

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) EVP Richard Windes sold 2,000 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $69.70, for a total transaction of $139,400.00. Following the completion of the sale, the executive vice president directly owned 5,375 shares of the company’s stock, valued at $374,637.50. This trade represents a 27.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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 transaction of $136,940.00.

Southern Missouri Bancorp Stock Up 0.3%

NASDAQ:SMBC traded up $0.22 during trading hours on Tuesday, hitting $70.00. The stock had a trading volume of 156,052 shares, compared to its average volume of 74,927. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.22. Southern Missouri Bancorp, Inc. has a 1-year low of $47.60 and a 1-year high of $71.48. The business has a 50 day simple moving average of $67.49 and a two-hundred day simple moving average of $63.48. The company has a market cap of $771.12 million, a PE ratio of 11.69 and a beta of 0.88.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its quarterly earnings data on Wednesday, April 22nd. The savings and loans company reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $50.25 million during the quarter, compared to the consensus estimate of $49.98 million. Analysts predict that Southern Missouri Bancorp, Inc. will post 6.25 EPS for the current year.

Southern Missouri Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were given a $0.25 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $1.00 annualized dividend and a yield of 1.4%. Southern Missouri Bancorp’s dividend payout ratio (DPR) is 16.69%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Piper Sandler reaffirmed a “neutral” rating and issued a $71.00 price objective (up from $68.00) on shares of Southern Missouri Bancorp in a research report on Monday, April 27th. Weiss Ratings reissued a “buy (b)” rating on shares of Southern Missouri Bancorp in a research report on Thursday. Keefe, Bruyette & Woods raised 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 report on Thursday, April 9th. Finally, Stephens reissued an “overweight” rating and set a $76.00 price target (up from $72.00) on shares of Southern Missouri Bancorp in a research report on Friday, April 24th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $70.67.

Institutional Trading of Southern Missouri Bancorp

Hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE boosted its holdings in Southern Missouri Bancorp by 18.2% in the first quarter. Bank of America Corp DE now owns 25,786 shares of the savings and loans company’s stock worth $1,649,000 after purchasing an additional 3,974 shares during the period. Royal Bank of Canada boosted its holdings in Southern Missouri Bancorp by 124.7% in the first quarter. Royal Bank of Canada now owns 564 shares of the savings and loans company’s stock worth $36,000 after purchasing an additional 313 shares during the period. Empowered Funds LLC boosted its holdings in Southern Missouri Bancorp by 3.3% in the first quarter. Empowered Funds LLC now owns 46,088 shares of the savings and loans company’s stock worth $2,947,000 after purchasing an additional 1,492 shares during the period. Quantinno Capital Management LP boosted its holdings in Southern Missouri Bancorp by 57.8% in the first quarter. Quantinno Capital Management LP now owns 12,326 shares of the savings and loans company’s stock worth $788,000 after purchasing an additional 4,517 shares during the period. Finally, Lazard Asset Management LLC boosted its holdings in Southern Missouri Bancorp by 9.2% in the first quarter. Lazard Asset Management LLC now owns 41,560 shares of the savings and loans company’s stock worth $2,657,000 after purchasing an additional 3,503 shares during the period. 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.