Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Short Interest Update

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) was the target of a large growth in short interest in November. As of November 30th, there was short interest totalling 65,400 shares, a growth of 35.1% from the November 15th total of 48,400 shares. Based on an average daily volume of 32,900 shares, the short-interest ratio is currently 2.0 days.

Wall Street Analyst Weigh In

Several brokerages have commented on SMBC. Stephens boosted their price target on shares of Southern Missouri Bancorp from $70.00 to $72.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. Piper Sandler increased their price target on Southern Missouri Bancorp from $62.00 to $66.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th.

Southern Missouri Bancorp Stock Performance

NASDAQ SMBC traded down $1.13 on Friday, hitting $63.44. 16,832 shares of the stock were exchanged, compared to its average volume of 23,065. The company has a market capitalization of $715.60 million, a PE ratio of 14.58 and a beta of 0.97. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.98 and a quick ratio of 0.98. The business’s fifty day moving average is $62.52 and its 200 day moving average is $54.32. Southern Missouri Bancorp has a 52 week low of $39.00 and a 52 week high of $68.69.

Southern Missouri Bancorp (NASDAQ:SMBC) 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 the consensus estimate of $1.11 by ($0.01). The firm had revenue of $74.55 million during the quarter, compared to analyst estimates of $42.48 million. Southern Missouri Bancorp had a net margin of 17.44% and a return on equity of 10.18%. Research analysts anticipate that Southern Missouri Bancorp will post 4.9 EPS for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The business 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. This represents a $0.92 annualized dividend and a dividend yield of 1.45%. The ex-dividend date of this dividend was Friday, November 15th. Southern Missouri Bancorp’s payout ratio is 21.15%.

Insider Activity

In other Southern Missouri Bancorp news, Director William E. Young sold 3,000 shares of the stock in a transaction dated Thursday, October 31st. The stock was 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 owns 48,649 shares in the company, valued at approximately $2,914,075.10. This represents a 5.81 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 16.60% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Franklin Resources Inc. grew its holdings in Southern Missouri Bancorp by 48.2% in 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 buying an additional 33,902 shares in the last quarter. Barclays PLC lifted its holdings in shares of Southern Missouri Bancorp by 90.4% during the third quarter. Barclays PLC now owns 25,273 shares of the savings and loans company’s stock worth $1,427,000 after buying an additional 11,996 shares in the last quarter. Geode Capital Management LLC boosted its position 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 acquiring an additional 2,113 shares during the period. Zacks Investment Management acquired a new position in shares of Southern Missouri Bancorp in the third quarter valued at about $273,000. Finally, Jane Street Group LLC increased its position in Southern Missouri Bancorp by 11.8% during the third quarter. Jane Street Group LLC now owns 8,420 shares of the savings and loans company’s stock worth $476,000 after acquiring an additional 889 shares during the period. 49.49% of the stock is owned by institutional investors.

Southern Missouri Bancorp Company Profile

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.