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

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) was the target of a significant 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 days-to-cover ratio is currently 2.0 days.

Southern Missouri Bancorp Trading Down 1.8 %

Shares of NASDAQ:SMBC traded down $1.13 on Friday, reaching $63.44. 16,832 shares of the company traded hands, compared to its average volume of 23,065. Southern Missouri Bancorp has a 52 week low of $39.00 and a 52 week high of $68.69. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.26. The business’s 50-day simple moving average is $62.52 and its 200 day simple moving average is $54.32. The stock has a market capitalization of $715.60 million, a P/E ratio of 14.58 and a beta of 0.97.

Southern Missouri Bancorp (NASDAQ:SMBC) last announced its quarterly 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). Southern Missouri Bancorp had a return on equity of 10.18% and a net margin of 17.44%. The firm had revenue of $74.55 million during the quarter, compared to the consensus estimate of $42.48 million. As a group, equities 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 disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date was Friday, November 15th. Southern Missouri Bancorp’s payout ratio is currently 21.15%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on SMBC. Stephens raised their price objective on Southern Missouri Bancorp from $70.00 to $72.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th. Piper Sandler lifted their price target on shares of Southern Missouri Bancorp from $62.00 to $66.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th.

Insider Activity at Southern Missouri Bancorp

In related news, Director William E. Young sold 3,000 shares of the company’s stock in a transaction on Thursday, October 31st. The shares were sold at an average price of $59.90, for a total value 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. The trade was a 5.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 16.60% of the stock is currently owned by insiders.

Institutional Trading of Southern Missouri Bancorp

Several institutional investors and hedge funds have recently bought and sold shares of the stock. XTX Topco Ltd bought a new position in Southern Missouri Bancorp in the second quarter worth $210,000. SG Americas Securities LLC bought a new stake in shares of Southern Missouri Bancorp in the 3rd quarter worth approximately $233,000. BNP Paribas Financial Markets grew its stake in shares of Southern Missouri Bancorp by 139.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,673 shares of the savings and loans company’s stock worth $264,000 after buying an additional 2,722 shares during the last quarter. Zacks Investment Management bought a new position in Southern Missouri Bancorp during the 3rd quarter valued at approximately $273,000. Finally, Bailard Inc. purchased a new position in Southern Missouri Bancorp during the second quarter valued at $293,000. 49.49% of the stock is currently owned by hedge funds and other 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.