Southern Missouri Bancorp (NASDAQ:SMBC) Releases Earnings Results, Beats Estimates By $0.08 EPS

Southern Missouri Bancorp (NASDAQ:SMBC) announced its earnings results on Monday. The savings and loans company reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.08, Zacks reports. Southern Missouri Bancorp had a net margin of 17.72% and a return on equity of 10.45%. The firm had revenue of $46.15 million during the quarter, compared to analyst estimates of $45.33 million.

Southern Missouri Bancorp Trading Up 0.5 %

Shares of NASDAQ SMBC opened at $49.47 on Tuesday. The business has a fifty day simple moving average of $53.38 and a 200-day simple moving average of $57.93. The company has a market cap of $591.61 million, a price-to-earnings ratio of 10.80 and a beta of 0.88. Southern Missouri Bancorp has a 12 month low of $39.00 and a 12 month high of $68.69. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.25.

Southern Missouri Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date is Thursday, May 15th. Southern Missouri Bancorp’s dividend payout ratio (DPR) is presently 20.09%.

Wall Street Analyst Weigh In

A number of research firms recently commented on SMBC. Stephens reiterated an “overweight” rating and set a $76.00 price objective on shares of Southern Missouri Bancorp in a research note on Tuesday, January 28th. Keefe, Bruyette & Woods cut their price objective on Southern Missouri Bancorp from $70.00 to $68.00 and set a “market perform” rating for the company in a report on Thursday, January 30th.

Insiders Place Their Bets

In related news, Director Douglas Bagby sold 7,000 shares of the company’s stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $59.08, for a total value of $413,560.00. Following the completion of the sale, the director now owns 21,000 shares in the company, valued at approximately $1,240,680. This represents a 25.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 16.60% of the company’s stock.

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.