Great Southern Bancorp, Inc. (NASDAQ:GSBC) has received an average broker rating score of 3.00 (Hold) from the two brokers that provide coverage for the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold recommendation.
Brokers have set a 12 month consensus price target of $57.00 for the company and are anticipating that the company will post $0.82 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Great Southern Bancorp an industry rank of 15 out of 265 based on the ratings given to its competitors.
Several research firms have commented on GSBC. Sandler O’Neill lowered shares of Great Southern Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, October 6th. They noted that the move was a valuation call. Keefe, Bruyette & Woods reissued a “hold” rating and set a $52.00 price target on shares of Great Southern Bancorp in a research report on Tuesday, October 3rd. Zacks Investment Research lowered shares of Great Southern Bancorp from a “hold” rating to a “sell” rating in a research report on Tuesday, October 24th. Finally, BidaskClub lowered shares of Great Southern Bancorp from a “sell” rating to a “strong sell” rating in a research report on Friday, January 5th.
Great Southern Bancorp (NASDAQ:GSBC) traded down $0.25 during mid-day trading on Friday, hitting $52.10. 15,880 shares of the company’s stock traded hands, compared to its average volume of 16,880. The stock has a market capitalization of $735.97, a price-to-earnings ratio of 14.47 and a beta of 1.03. Great Southern Bancorp has a 1-year low of $47.25 and a 1-year high of $58.45. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.59.
Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.82 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.82. The business had revenue of $46.94 million during the quarter, compared to analyst estimates of $46.30 million. Great Southern Bancorp had a net margin of 23.03% and a return on equity of 11.46%. sell-side analysts expect that Great Southern Bancorp will post 3.58 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 17th. Shareholders of record on Tuesday, January 2nd will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend is Friday, December 29th. Great Southern Bancorp’s payout ratio is 26.67%.
In related news, insider Rex A. Copeland sold 5,250 shares of the stock in a transaction that occurred on Thursday, October 26th. The shares were sold at an average price of $55.00, for a total value of $288,750.00. Following the completion of the transaction, the insider now directly owns 24,698 shares of the company’s stock, valued at approximately $1,358,390. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Douglas W. Marrs sold 625 shares of the stock in a transaction that occurred on Tuesday, October 24th. The shares were sold at an average price of $54.68, for a total transaction of $34,175.00. Following the completion of the transaction, the vice president now directly owns 2,531 shares of the company’s stock, valued at $138,395.08. The disclosure for this sale can be found here. Over the last three months, insiders have sold 6,500 shares of company stock valued at $357,894. Insiders own 23.78% of the company’s stock.
Several institutional investors have recently made changes to their positions in GSBC. SG Americas Securities LLC purchased a new position in shares of Great Southern Bancorp in the 3rd quarter valued at approximately $104,000. Voya Investment Management LLC raised its position in shares of Great Southern Bancorp by 9.0% in the 2nd quarter. Voya Investment Management LLC now owns 7,844 shares of the financial services provider’s stock valued at $420,000 after purchasing an additional 647 shares during the last quarter. Allianz Asset Management GmbH raised its position in shares of Great Southern Bancorp by 15.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 8,478 shares of the financial services provider’s stock valued at $472,000 after purchasing an additional 1,111 shares during the last quarter. Bank of Montreal Can raised its position in shares of Great Southern Bancorp by 8.7% in the 4th quarter. Bank of Montreal Can now owns 15,214 shares of the financial services provider’s stock valued at $786,000 after purchasing an additional 1,221 shares during the last quarter. Finally, Aviance Capital Partners LLC raised its position in shares of Great Southern Bancorp by 64.0% in the 3rd quarter. Aviance Capital Partners LLC now owns 14,315 shares of the financial services provider’s stock valued at $797,000 after purchasing an additional 5,586 shares during the last quarter. 40.90% of the stock is owned by hedge funds and other institutional investors.
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About Great Southern Bancorp
Great Southern Bancorp, Inc is a bank holding company, a financial holding company and the parent of Great Southern Bank (the Bank). Through the Bank and subsidiaries of the Bank, the Company offers insurance, travel, investment and related services. The Bank makes long-term, fixed-rate residential real estate loans.
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