Southern Missouri Bancorp (NASDAQ:SMBC) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) shares crossed 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.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Weiss Ratings raised Southern Missouri Bancorp from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 20th. Stephens reiterated an “overweight” rating and issued a $73.00 price target (up from $71.00) on shares of Southern Missouri Bancorp in a research note on Friday, January 23rd. Piper Sandler reissued a “neutral” rating and issued a $68.00 price target (up from $61.00) on shares of Southern Missouri Bancorp in a report on Monday, January 26th. Finally, Keefe, Bruyette & Woods boosted their price target on Southern Missouri Bancorp from $63.00 to $64.00 and gave the stock a “market perform” rating in a research note on Tuesday, January 27th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $68.33.

Southern Missouri Bancorp Stock Performance

The firm’s fifty day simple moving average is $63.02 and its 200 day simple moving average is $58.46. The company has a market capitalization of $693.71 million, a PE ratio of 10.80 and a beta of 0.96. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.99 and a quick ratio of 0.99.

Southern Missouri Bancorp (NASDAQ:SMBC) last released its quarterly earnings data on Friday, February 6th. The savings and loans company reported $1.61 earnings per share for the quarter. The business had revenue of $49.65 million during the quarter. Southern Missouri Bancorp had a return on equity of 11.92% and a net margin of 20.80%. On average, research analysts predict that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current year.

Southern Missouri Bancorp Dividend Announcement

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

Insiders Place Their Bets

In other Southern Missouri Bancorp news, Director Charles R. Love sold 580 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $64.00, for a total value of $37,120.00. Following the completion of the transaction, the director directly owned 15,220 shares of the company’s stock, valued at approximately $974,080. The trade was a 3.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 15.81% of the company’s stock.

Institutional Trading of Southern Missouri Bancorp

Several institutional investors have recently bought and sold shares of the business. Apollon Wealth Management LLC purchased a new position in shares of Southern Missouri Bancorp during the 3rd quarter valued at approximately $592,000. Squarepoint Ops LLC purchased a new stake in Southern Missouri Bancorp in the 2nd quarter worth $996,000. Geode Capital Management LLC raised its position in Southern Missouri Bancorp by 4.9% during the second quarter. Geode Capital Management LLC now owns 230,664 shares of the savings and loans company’s stock worth $12,638,000 after acquiring an additional 10,802 shares during the period. American Century Companies Inc. raised its position in Southern Missouri Bancorp by 10.3% during the third quarter. American Century Companies Inc. now owns 275,411 shares of the savings and loans company’s stock worth $14,476,000 after acquiring an additional 25,751 shares during the period. Finally, Creative Planning lifted its holdings in Southern Missouri Bancorp by 78.4% during the second quarter. Creative Planning now owns 19,891 shares of the savings and loans company’s stock valued at $1,090,000 after purchasing an additional 8,740 shares in the last quarter. 49.49% of the stock is owned by institutional investors and hedge funds.

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.