Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Get Free Report) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totalling 68,800 shares, a growth of 40.7% from the December 15th total of 48,900 shares. Based on an average daily volume of 32,500 shares, the short-interest ratio is currently 2.1 days.
SMBC has been the topic of several recent research reports. Stephens upped their price objective on Southern Missouri Bancorp from $70.00 to $72.00 and gave the company an "overweight" rating in a research report on Wednesday, October 30th. Piper Sandler boosted their price objective on shares of Southern Missouri Bancorp from $62.00 to $66.00 and gave the company an "overweight" rating in a research report on Wednesday, October 30th.
View Our Latest Stock Report on Southern Missouri Bancorp
In other Southern Missouri Bancorp news, Director William E. Young sold 3,000 shares of the firm's stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $59.90, for a total transaction of $179,700.00. Following the completion of the transaction, the director now directly owns 48,649 shares in the company, valued at approximately $2,914,075.10. This trade represents a 5.81 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 16.60% of the stock is currently owned by company insiders.
Several hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its holdings in shares of Southern Missouri Bancorp by 249.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 25,080 shares of the savings and loans company's stock valued at $1,417,000 after buying an additional 17,895 shares during the period. Franklin Resources Inc. lifted its position in shares of Southern Missouri Bancorp by 48.2% during the third quarter. Franklin Resources Inc. now owns 104,175 shares of the savings and loans company's stock worth $6,105,000 after purchasing an additional 33,902 shares in the last quarter. Barclays PLC boosted its stake in shares of Southern Missouri Bancorp by 90.4% in the third quarter. Barclays PLC now owns 25,273 shares of the savings and loans company's stock valued at $1,427,000 after purchasing an additional 11,996 shares during the period. Geode Capital Management LLC boosted its stake in shares of Southern Missouri Bancorp by 1.0% in the third quarter. Geode Capital Management LLC now owns 217,753 shares of the savings and loans company's stock valued at $12,304,000 after purchasing an additional 2,113 shares during the period. Finally, Zacks Investment Management acquired a new stake in Southern Missouri Bancorp during the 3rd quarter valued at $273,000. 49.49% of the stock is owned by hedge funds and other institutional investors.
Southern Missouri Bancorp stock traded down $0.13 during trading on Thursday, reaching $55.73. The company had a trading volume of 38,149 shares, compared to its average volume of 34,875. Southern Missouri Bancorp has a 12-month low of $39.00 and a 12-month high of $68.69. The stock's 50 day moving average price is $61.78 and its two-hundred day moving average price is $56.76. The firm has a market capitalization of $628.63 million, a price-to-earnings ratio of 12.81 and a beta of 0.99. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.98 and a current ratio of 0.98.
Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last issued its earnings results on Tuesday, October 29th. The savings and loans company reported $1.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.11 by ($0.01). The firm had revenue of $74.55 million for the quarter, compared to analysts' expectations of $42.48 million. Southern Missouri Bancorp had a return on equity of 10.18% and a net margin of 17.44%. As a group, equities analysts expect that Southern Missouri Bancorp will post 4.75 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were issued a dividend of $0.23 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.92 annualized dividend and a dividend yield of 1.65%. Southern Missouri Bancorp's payout ratio is 21.15%.
Southern Missouri Bancorp, Inc operates as the bank holding company for Southern Bank that provides banking and financial services to individuals and corporate customers in the United States. The company offers deposits products, including interest-bearing and noninterest-bearing transaction accounts, saving accounts, certificates of deposit, retirement savings plans, and money market deposit accounts.
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