Earnings results for Southern Missouri Bancorp (NASDAQ:SMBC)
Southern Missouri Bancorp, Inc. is estimated to report earnings on 10/26/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.72. The reported EPS for the same quarter last year was $0.85.
Southern Missouri Bancorp last posted its quarterly earnings data on July 27th, 2020. The savings and loans company reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.24. The business earned $26.85 million during the quarter, compared to the consensus estimate of $23.69 million. Southern Missouri Bancorp has generated $3.00 earnings per share over the last year and currently has a price-to-earnings ratio of 8.1. Southern Missouri Bancorp has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, October 26th, 2020 based off prior year’s report dates.
Analyst Opinion on Southern Missouri Bancorp (NASDAQ:SMBC)
1 Wall Street analysts have issued ratings and price targets for Southern Missouri Bancorp in the last 12 months. Their average twelve-month price target is $29.00, predicting that the stock has a possible upside of 19.10%. The high price target for SMBC is $29.00 and the low price target for SMBC is $29.00. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”
Southern Missouri Bancorp has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $29.00, Southern Missouri Bancorp has a forecasted upside of 19.1% from its current price of $24.35. Southern Missouri Bancorp has only been the subject of 1 research reports in the past 90 days.
Dividend Strength: Southern Missouri Bancorp (NASDAQ:SMBC)
Southern Missouri Bancorp pays a meaningful dividend of 2.46%, higher than the bottom 25% of all stocks that pay dividends. Southern Missouri Bancorp has been increasing its dividend for 8 years. The dividend payout ratio of Southern Missouri Bancorp is 20.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Southern Missouri Bancorp will have a dividend payout ratio of 23.08% next year. This indicates that Southern Missouri Bancorp will be able to sustain or increase its dividend.
Insiders buying/selling: Southern Missouri Bancorp (NASDAQ:SMBC)
In the past three months, Southern Missouri Bancorp insiders have bought more of their company’s stock than they have sold. Specifically, they have bought $34,924.00 in company stock and sold $0.00 in company stock. Only 15.10% of the stock of Southern Missouri Bancorp is held by insiders. 49.80% of the stock of Southern Missouri Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Earnings and Valuation of Southern Missouri Bancorp (NASDAQ:SMBC
Earnings for Southern Missouri Bancorp are expected to decrease by -1.89% in the coming year, from $2.65 to $2.60 per share. The P/E ratio of Southern Missouri Bancorp is 8.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 19.68. The P/E ratio of Southern Missouri Bancorp is 8.12, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.40. Southern Missouri Bancorp has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.
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