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

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) EVP Richard Windes sold 2,000 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $69.70, for a total value 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 approximately $374,637.50. This trade represents a 27.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 Up 0.3%

SMBC opened at $70.00 on Wednesday. The business has a 50 day moving average price of $67.64 and a two-hundred day moving average price of $63.60. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.22. The company has a market cap of $771.40 million, a PE ratio of 11.69 and a beta of 0.88. Southern Missouri Bancorp, Inc. has a 52 week low of $47.60 and a 52 week high of $71.48.

Southern Missouri Bancorp (NASDAQ:SMBC) last posted its quarterly earnings data on Wednesday, April 22nd. The savings and loans company reported $1.60 EPS for the quarter, beating 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, research analysts anticipate that Southern Missouri Bancorp, Inc. will post 6.25 EPS for the current year.

Southern Missouri Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were paid a dividend of $0.25 per share. 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 is currently 16.69%.

Hedge Funds Weigh In On Southern Missouri Bancorp

Several hedge funds have recently bought and sold shares of the company. Bank of America Corp DE increased its stake in Southern Missouri Bancorp by 18.2% in the 1st quarter. Bank of America Corp DE now owns 25,786 shares of the savings and loans company’s stock valued at $1,649,000 after purchasing an additional 3,974 shares in the last quarter. Royal Bank of Canada increased its stake in Southern Missouri Bancorp by 124.7% in 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 in the last quarter. Empowered Funds LLC increased its stake in Southern Missouri Bancorp by 3.3% in the 1st quarter. Empowered Funds LLC now owns 46,088 shares of the savings and loans company’s stock valued at $2,947,000 after purchasing an additional 1,492 shares in the last quarter. Quantinno Capital Management LP increased its stake in Southern Missouri Bancorp by 57.8% in the 1st quarter. Quantinno Capital Management LP now owns 12,326 shares of the savings and loans company’s stock valued at $788,000 after purchasing an additional 4,517 shares in the last quarter. Finally, Lazard Asset Management LLC increased its stake in Southern Missouri Bancorp by 9.2% in the 1st quarter. Lazard Asset Management LLC now owns 41,560 shares of the savings and loans company’s stock valued at $2,657,000 after purchasing an additional 3,503 shares in the last quarter. 49.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SMBC has been the subject of several analyst reports. Stephens reaffirmed an “overweight” rating and set a $76.00 price objective (up from $72.00) on shares of Southern Missouri Bancorp in a research note on Friday, April 24th. Keefe, Bruyette & Woods upped their price objective on Southern Missouri Bancorp from $64.00 to $65.00 and gave the company a “market perform” rating in a research note on Thursday, April 9th. Piper Sandler reaffirmed a “neutral” rating and set a $71.00 price objective (up from $68.00) on shares of Southern Missouri Bancorp in a research note on Monday, April 27th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Southern Missouri Bancorp in a research note on Thursday, June 4th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Southern Missouri Bancorp presently has an average rating of “Moderate Buy” and a consensus target price of $70.67.

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.