Key Points
- Great Southern Bancorp VP Mark Maples sold 1,450 shares on Nov. 25 at an average price of $59.93, generating $86,898.50, per an SEC filing.
- The bank raised its quarterly dividend to $0.43 (annualized $1.72), equating to a ~2.8% yield and a dividend payout ratio of roughly 28.6%.
- Great Southern reported quarterly EPS of $1.56, beating estimates by $0.01 with $58.21M in revenue, while analyst coverage is mixed (consensus rating "Hold" and target ~$59.50).
Great Southern Bancorp, Inc. (NASDAQ:GSBC - Get Free Report) VP Mark Maples sold 1,450 shares of the company's stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $59.93, for a total value of $86,898.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Great Southern Bancorp Price Performance
NASDAQ:GSBC opened at $60.61 on Tuesday. The business's 50-day moving average price is $58.94 and its 200 day moving average price is $59.32. The firm has a market cap of $678.17 million, a P/E ratio of 10.07 and a beta of 0.59. Great Southern Bancorp, Inc. has a 52-week low of $47.57 and a 52-week high of $66.98. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.04.
Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last issued its quarterly earnings results on Thursday, October 16th. The financial services provider reported $1.56 earnings per share for the quarter, beating analysts' consensus estimates of $1.55 by $0.01. Great Southern Bancorp had a net margin of 19.80% and a return on equity of 11.38%. The company had revenue of $58.21 million during the quarter, compared to the consensus estimate of $56.72 million. As a group, sell-side analysts predict that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current fiscal year.
Great Southern Bancorp Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 14th. Investors of record on Monday, September 29th were paid a dividend of $0.43 per share. This is a boost from Great Southern Bancorp's previous quarterly dividend of $0.40. This represents a $1.72 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Monday, September 29th. Great Southern Bancorp's dividend payout ratio (DPR) is currently 28.57%.
Analyst Ratings Changes
Several research analysts have issued reports on the stock. Weiss Ratings restated a "buy (b-)" rating on shares of Great Southern Bancorp in a research report on Tuesday, November 25th. Keefe, Bruyette & Woods reduced their price objective on Great Southern Bancorp from $63.00 to $61.00 and set a "market perform" rating for the company in a research note on Friday, October 17th. Finally, Zacks Research lowered Great Southern Bancorp from a "hold" rating to a "strong sell" rating in a research report on Monday, October 20th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Great Southern Bancorp currently has an average rating of "Hold" and a consensus target price of $59.50.
Get Our Latest Analysis on Great Southern Bancorp
Institutional Investors Weigh In On Great Southern Bancorp
Several hedge funds have recently bought and sold shares of the business. State of Alaska Department of Revenue acquired a new stake in Great Southern Bancorp during the 3rd quarter worth about $27,000. Russell Investments Group Ltd. lifted its position in shares of Great Southern Bancorp by 1,301.8% in the third quarter. Russell Investments Group Ltd. now owns 771 shares of the financial services provider's stock worth $47,000 after purchasing an additional 716 shares in the last quarter. CWM LLC boosted its holdings in shares of Great Southern Bancorp by 150.4% during the second quarter. CWM LLC now owns 859 shares of the financial services provider's stock worth $50,000 after purchasing an additional 516 shares during the period. Quadrant Capital Group LLC purchased a new position in Great Southern Bancorp during the third quarter valued at approximately $128,000. Finally, Walleye Capital LLC acquired a new position in Great Southern Bancorp in the 2nd quarter valued at approximately $206,000. 41.66% of the stock is owned by hedge funds and other institutional investors.
Great Southern Bancorp Company Profile
(
Get Free Report)
Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that provides a range of financial services in the United States. Its deposit products include regular savings accounts, checking accounts, money market accounts, fixed interest rate certificates with varying maturities, certificates of deposit, brokered certificates, and individual retirement accounts.
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