Southern Missouri Bancorp (NASDAQ:SMBC) Price Target Lowered to $68.00 at Keefe, Bruyette & Woods

Southern Missouri Bancorp (NASDAQ:SMBC) had its price objective dropped by equities research analysts at Keefe, Bruyette & Woods from $70.00 to $68.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “market perform” rating on the savings and loans company’s stock. Keefe, Bruyette & Woods’ price objective would indicate a potential upside of 14.79% from the stock’s previous close.

SMBC has been the topic of a number of other reports. Stephens reaffirmed an “overweight” rating and set a $76.00 price target on shares of Southern Missouri Bancorp in a research note on Tuesday. Piper Sandler increased their target price on Southern Missouri Bancorp from $62.00 to $66.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th.

Southern Missouri Bancorp Stock Performance

NASDAQ SMBC opened at $59.24 on Thursday. The firm’s 50 day simple moving average is $60.10 and its 200 day simple moving average is $57.65. The firm has a market capitalization of $668.23 million, a price-to-earnings ratio of 13.62 and a beta of 0.99. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.26. Southern Missouri Bancorp has a 1 year low of $39.00 and a 1 year high of $68.69.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its quarterly earnings data on Monday, February 3rd. The savings and loans company reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.07. Southern Missouri Bancorp had a net margin of 17.44% and a return on equity of 10.18%. As a group, research analysts expect that Southern Missouri Bancorp will post 4.75 earnings per share for the current fiscal year.

Institutional Trading of Southern Missouri Bancorp

A number of large investors have recently modified their holdings of the business. Jane Street Group LLC raised its stake in shares of 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 in the last quarter. SG Americas Securities LLC lifted its stake in shares of Southern Missouri Bancorp by 21.6% in the 4th quarter. SG Americas Securities LLC now owns 5,026 shares of the savings and loans company’s stock valued at $288,000 after acquiring an additional 894 shares during the last quarter. Empowered Funds LLC lifted its position in Southern Missouri Bancorp by 4.9% in the third quarter. Empowered Funds LLC now owns 19,899 shares of the savings and loans company’s stock valued at $1,124,000 after purchasing an additional 938 shares during the last quarter. Creative Planning boosted its position in Southern Missouri Bancorp by 20.9% during the 3rd quarter. Creative Planning now owns 6,610 shares of the savings and loans company’s stock valued at $373,000 after buying an additional 1,142 shares during the period. Finally, Geode Capital Management LLC raised its position in Southern Missouri Bancorp by 1.0% during the 3rd 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 last quarter. Institutional investors own 49.49% 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.