4 hours Ago By Defense World Staff
Southern Missouri Bancorp ( NASDAQ:SMBC – Free Report ) had its price objective reduced by Keefe, Bruyette & Woods from $70.00 to $68.00 in a research report sent to investors on Thursday, Benzinga reports.
They currently have a market perform rating on the savings and loans company’s stock. A number of other analysts have also weighed in on the company. Stephens restated an “overweight” rating and set a $76.
00 target price on shares of Southern Missouri Bancorp in a report on Tuesday, January 28th. Piper Sandler boosted their price target on Southern Missouri Bancorp from $62.00 to $66.
00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. View Our Latest Research Report on Southern Missouri Bancorp Southern Missouri Bancorp Stock Performance Southern Missouri Bancorp ( NASDAQ:SMBC – Get Free Report ) last posted its earnings results on Monday, February 3rd. The savings and loans company reported $1.
30 EPS for the quarter, beating analysts’ consensus estimates of $1.23 by $0.07.
Southern Missouri Bancorp had a net margin of 17.72% and a return on equity of 10.56%.
On average, equities research analysts expect that Southern Missouri Bancorp will post 4.75 earnings per share for the current fiscal year. Southern Missouri Bancorp Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th.
Shareholders of record on Friday, February 14th will be issued a $0.23 dividend. This represents a $0.
92 annualized dividend and a yield of 1.55%. The ex-dividend date is Friday, February 14th.
Southern Missouri Bancorp’s dividend payout ratio is currently 20.09%. Insider Activity In other news, Director Douglas Bagby sold 7,000 shares of the business’s stock in a transaction dated Thursday, January 30th.
The stock was sold at an average price of $59.08, for a total transaction of $413,560.00.
Following the sale, the director now owns 21,000 shares in the company, valued at approximately $1,240,680. The trade was a 25.00 % decrease in their ownership of the stock.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Company insiders own 16.60% of the company’s stock.
Institutional Trading of Southern Missouri Bancorp A number of institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP raised its holdings in shares of Southern Missouri Bancorp by 4.8% in the second quarter.
Dimensional Fund Advisors LP now owns 354,318 shares of the savings and loans company’s stock worth $15,947,000 after buying an additional 16,085 shares during the last quarter. Geode Capital Management LLC raised its stake in Southern Missouri Bancorp by 1.0% in the 3rd quarter.
Geode Capital Management LLC now owns 217,753 shares of the savings and loans company’s stock worth $12,304,000 after acquiring an additional 2,113 shares during the last quarter. State Street Corp lifted its position in Southern Missouri Bancorp by 3.2% during the 3rd quarter.
State Street Corp now owns 198,201 shares of the savings and loans company’s stock worth $11,196,000 after acquiring an additional 6,135 shares during the period. Franklin Resources Inc. grew its stake in Southern Missouri Bancorp by 48.
2% during the 3rd quarter. Franklin Resources Inc. now owns 104,175 shares of the savings and loans company’s stock valued at $6,105,000 after purchasing an additional 33,902 shares during the last quarter.
Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Southern Missouri Bancorp by 147.9% in the third quarter.
Charles Schwab Investment Management Inc. now owns 89,957 shares of the savings and loans company’s stock valued at $5,082,000 after purchasing an additional 53,670 shares during the period. 49.
49% of the stock is currently owned by institutional investors and hedge funds. Southern Missouri Bancorp Company Profile ( Get Free Report ) 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.
Read More Five stocks we like better than Southern Missouri Bancorp Stock Market Upgrades: What Are They? ServiceNow Stock Slips, But AI Expansion Signals Long-Term Gains Airline Stocks – Top Airline Stocks to Buy Now Microsoft and Meta’s AI Investment Plans Are Full Steam Ahead Want to Profit on the Downtrend? Downtrends, Explained. Beyond Self-Driving Cars: Factory Automation Takes Center Stage Receive News & Ratings for Southern Missouri Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southern Missouri Bancorp and related companies with MarketBeat.com's FREE daily email newsletter .
.
