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

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $57.81 and traded as high as $63.25. Southern Missouri Bancorp shares last traded at $62.84, with a volume of 64,652 shares traded.

Wall Street Analysts Forecast Growth

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

Southern Missouri Bancorp Stock Performance

The firm’s 50-day simple moving average is $62.33 and its two-hundred day simple moving average is $57.81. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $698.15 million, a PE ratio of 10.87 and a beta of 0.96.

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

Southern Missouri Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis 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 17.30%.

Institutional Investors Weigh In On Southern Missouri Bancorp

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP raised its holdings in shares of Southern Missouri Bancorp by 0.9% during the third quarter. Dimensional Fund Advisors LP now owns 432,463 shares of the savings and loans company’s stock worth $22,731,000 after acquiring an additional 4,037 shares in the last quarter. FJ Capital Management LLC grew its stake in Southern Missouri Bancorp by 6.4% in the third quarter. FJ Capital Management LLC now owns 300,944 shares of the savings and loans company’s stock valued at $15,818,000 after purchasing an additional 18,002 shares in the last quarter. Clayton Financial Group LLC acquired a new position in Southern Missouri Bancorp in the 4th quarter worth about $16,579,000. State Street Corp raised its stake in shares of Southern Missouri Bancorp by 29.2% during the 4th quarter. State Street Corp now owns 275,909 shares of the savings and loans company’s stock worth $16,312,000 after purchasing an additional 62,355 shares in the last quarter. Finally, American Century Companies Inc. raised its stake in shares of Southern Missouri Bancorp by 10.3% during the 3rd quarter. American Century Companies Inc. now owns 275,411 shares of the savings and loans company’s stock worth $14,476,000 after purchasing an additional 25,751 shares in the last quarter. Hedge funds and other 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.