Southern Missouri Bancorp (NASDAQ:SMBC) Shares Pass Above 200 Day Moving Average – Should You Sell?

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $57.42 and traded as high as $65.89. Southern Missouri Bancorp shares last traded at $62.66, with a volume of 89,682 shares changing hands.

Analysts Set New Price Targets

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

Southern Missouri Bancorp Stock Performance

The firm’s fifty day moving average price is $62.15 and its 200 day moving average price is $57.42. The firm has a market cap of $696.15 million, a P/E ratio of 10.84 and a beta of 0.99. 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 issued its quarterly earnings data on Friday, February 6th. The savings and loans company reported $1.61 earnings per share (EPS) for the quarter. The company 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%. Sell-side analysts expect that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be issued a $0.25 dividend. The ex-dividend date is Friday, February 13th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.6%. Southern Missouri Bancorp’s dividend payout ratio (DPR) is currently 17.30%.

Institutional Investors Weigh In On Southern Missouri Bancorp

Institutional investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC grew its stake in Southern Missouri Bancorp by 105.7% in the fourth 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. Quarry LP bought a new stake in shares of Southern Missouri Bancorp in the 3rd quarter valued at about $66,000. Raymond James Financial Inc. purchased a new position in shares of Southern Missouri Bancorp in the 2nd quarter worth approximately $93,000. Strs Ohio bought a new position in shares of Southern Missouri Bancorp during the 1st quarter worth approximately $94,000. Finally, Aquatic Capital Management LLC raised its stake in shares of Southern Missouri Bancorp by 140.8% during the 3rd quarter. Aquatic Capital Management LLC now owns 1,946 shares of the savings and loans company’s stock worth $102,000 after acquiring an additional 1,138 shares in the last quarter. Institutional investors own 49.49% of the company’s stock.

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.