Key Points
- Director Thomas Carlson sold 2,000 shares of Great Southern Bancorp (NASDAQ:GSBC) on Jan. 28 at an average of $59.89 for a total of $119,780, leaving him with 100 shares (a ~95.24% reduction in his holdings).
- Great Southern beat expectations last quarter with $1.45 EPS vs. $1.38 expected and revenue of $56.35 million, reporting a return on equity of 11.4% and a net margin of 20.7%.
- The bank pays a quarterly dividend of $0.43 (annualized $1.72, yield ~2.8%) and trades at a PE of about 9.8 with a market capitalization near $681 million.
Great Southern Bancorp, Inc. (NASDAQ:GSBC - Get Free Report) Director Thomas Carlson sold 2,000 shares of Great Southern Bancorp stock in a transaction dated Wednesday, January 28th. The shares were sold at an average price of $59.89, for a total transaction of $119,780.00. Following the sale, the director owned 100 shares of the company's stock, valued at approximately $5,989. This represents a 95.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Great Southern Bancorp Price Performance
GSBC stock opened at $60.88 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $681.25 million, a PE ratio of 9.82 and a beta of 0.52. Great Southern Bancorp, Inc. has a 12-month low of $47.57 and a 12-month high of $67.70. The business's fifty day moving average price is $62.51 and its 200 day moving average price is $60.78.
Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last posted its quarterly earnings data on Wednesday, January 21st. The financial services provider reported $1.45 earnings per share for the quarter, topping analysts' consensus estimates of $1.38 by $0.07. Great Southern Bancorp had a return on equity of 11.40% and a net margin of 20.70%.The business had revenue of $56.35 million for the quarter, compared to analyst estimates of $55.03 million. On average, sell-side analysts anticipate that Great Southern Bancorp, Inc. will post 5.24 EPS for the current year.
Great Southern Bancorp Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 13th. Shareholders of record on Monday, December 29th were given a $0.43 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.8%. Great Southern Bancorp's dividend payout ratio is currently 27.74%.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on GSBC shares. Zacks Research upgraded shares of Great Southern Bancorp from a "strong sell" rating to a "hold" rating in a research note on Tuesday, December 16th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Great Southern Bancorp in a report on Monday, December 29th. Finally, Keefe, Bruyette & Woods increased their price objective on Great Southern Bancorp from $61.00 to $63.00 and gave the company a "market perform" rating in a report on Friday, January 23rd. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Great Southern Bancorp currently has an average rating of "Hold" and a consensus price target of $60.50.
Get Our Latest Research Report on Great Southern Bancorp
Institutional Investors Weigh In On Great Southern Bancorp
A number of institutional investors and hedge funds have recently made changes to their positions in the business. American Century Companies Inc. lifted its position in shares of Great Southern Bancorp by 8.2% in the second quarter. American Century Companies Inc. now owns 247,179 shares of the financial services provider's stock valued at $14,529,000 after acquiring an additional 18,718 shares in the last quarter. Creative Planning raised its stake in Great Southern Bancorp by 58.2% in the 2nd quarter. Creative Planning now owns 35,073 shares of the financial services provider's stock valued at $2,062,000 after purchasing an additional 12,906 shares during the last quarter. AlphaQuest LLC lifted its holdings in Great Southern Bancorp by 179.1% in the 2nd quarter. AlphaQuest LLC now owns 7,052 shares of the financial services provider's stock valued at $415,000 after purchasing an additional 4,525 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of Great Southern Bancorp by 25.2% during the 2nd quarter. Thrivent Financial for Lutherans now owns 50,433 shares of the financial services provider's stock worth $2,965,000 after purchasing an additional 10,163 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of Great Southern Bancorp by 32.5% during the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 10,925 shares of the financial services provider's stock worth $642,000 after purchasing an additional 2,680 shares during the last quarter. 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 (NASDAQ: GSBC) is the bank holding company for Great Southern Bank, a full-service commercial bank headquartered in Springfield, Missouri. Through its subsidiary, the company provides a broad spectrum of financial products and services designed to meet the needs of individuals, small and mid-sized businesses, and professional clients across its regional footprint.
Great Southern Bank's core business activities include deposit-taking, lending and treasury management.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
