Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) have earned an average broker rating score of 3.00 (Hold) from the two brokers that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold recommendation.
Analysts have set a one year consensus target price of $55.00 for the company and are expecting that the company will post $0.93 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Great Southern Bancorp an industry rank of 89 out of 265 based on the ratings given to related companies.
Several equities research analysts recently issued reports on the stock. Zacks Investment Research raised shares of Great Southern Bancorp from a “hold” rating to a “buy” rating and set a $57.00 target price for the company in a report on Friday, April 6th. BidaskClub raised shares of Great Southern Bancorp from a “hold” rating to a “buy” rating in a report on Friday, April 6th. ValuEngine lowered shares of Great Southern Bancorp from a “buy” rating to a “hold” rating in a report on Monday, April 2nd. Finally, Sandler O’Neill reissued a “hold” rating and issued a $54.00 target price on shares of Great Southern Bancorp in a report on Tuesday, March 27th.
In related news, Director Douglas M. Pitt acquired 2,000 shares of the business’s stock in a transaction on Monday, January 29th. The stock was acquired at an average cost of $51.58 per share, with a total value of $103,160.00. Following the acquisition, the director now directly owns 3,100 shares in the company, valued at approximately $159,898. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director William E. Barclay sold 780 shares of the stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $50.82, for a total transaction of $39,639.60. Following the sale, the director now directly owns 10,248 shares of the company’s stock, valued at $520,803.36. The disclosure for this sale can be found here. Corporate insiders own 23.00% of the company’s stock.
Institutional investors and hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC purchased a new stake in Great Southern Bancorp during the 3rd quarter valued at approximately $104,000. MetLife Investment Advisors LLC purchased a new stake in Great Southern Bancorp during the 4th quarter valued at approximately $258,000. Aperio Group LLC grew its holdings in Great Southern Bancorp by 60.4% during the 4th quarter. Aperio Group LLC now owns 5,776 shares of the financial services provider’s stock valued at $298,000 after buying an additional 2,176 shares in the last quarter. Allianz Asset Management GmbH grew its holdings in Great Southern Bancorp by 15.1% during the 3rd quarter. Allianz Asset Management GmbH now owns 8,478 shares of the financial services provider’s stock valued at $472,000 after buying an additional 1,111 shares in the last quarter. Finally, Cornercap Investment Counsel Inc. purchased a new stake in Great Southern Bancorp during the 4th quarter valued at approximately $679,000. 40.86% of the stock is owned by institutional investors and hedge funds.
Great Southern Bancorp stock traded up $0.60 during midday trading on Thursday, hitting $51.40. The stock had a trading volume of 33,000 shares, compared to its average volume of 26,128. The firm has a market capitalization of $724.39, a price-to-earnings ratio of 13.80 and a beta of 1.00. Great Southern Bancorp has a 52-week low of $47.50 and a 52-week high of $58.45. The company has a current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 0.48.
Great Southern Bancorp (NASDAQ:GSBC) last released its earnings results on Tuesday, January 23rd. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.82 by $0.07. The company had revenue of $46.65 million during the quarter, compared to analyst estimates of $47.40 million. Great Southern Bancorp had a net margin of 23.27% and a return on equity of 11.38%. analysts predict that Great Southern Bancorp will post 3.75 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Monday, April 16th. Investors of record on Monday, April 2nd were issued a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 2.18%. This is a positive change from Great Southern Bancorp’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend was Thursday, March 29th. Great Southern Bancorp’s dividend payout ratio is currently 30.43%.
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Great Southern Bancorp Company Profile
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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