Key Points
- Insider sale: Director Thomas Carlson sold 680 shares on Feb. 3 at an average price of $63.17 for about $42,956, reducing his stake by 3.8% to 17,206 shares (SEC filing disclosed).
- Earnings beat and analyst view: The firm reported Q results with EPS $1.45 vs. $1.38 expected and revenue $56.35M, while analysts’ consensus is a "Hold" with an average target of $60.50.
- Dividend: Great Southern Bancorp pays a $0.43 quarterly dividend ($1.72 annual), yielding about 2.7% with a payout ratio near 27.7%.
Great Southern Bancorp, Inc. (NASDAQ:GSBC - Get Free Report) Director Thomas Carlson sold 680 shares of the firm's stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $63.17, for a total value of $42,955.60. Following the completion of the transaction, the director owned 17,206 shares of the company's stock, valued at approximately $1,086,903.02. This represents a 3.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Great Southern Bancorp Trading Up 0.7%
NASDAQ GSBC opened at $63.32 on Thursday. The company has a market cap of $708.55 million, a PE ratio of 10.21 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 stock has a 50 day moving average of $62.74 and a 200-day moving average of $60.84. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.04.
Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last issued its earnings results on Wednesday, January 21st. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.38 by $0.07. Great Southern Bancorp had a net margin of 20.70% and a return on equity of 11.40%. The company had revenue of $56.35 million for the quarter, compared to analysts' expectations of $55.03 million. On average, equities research analysts anticipate that Great Southern Bancorp, Inc. will post 5.24 EPS for the current fiscal year.
Great Southern Bancorp Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 13th. Investors of record on Monday, December 29th were issued a dividend of $0.43 per share. 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 2.7%. Great Southern Bancorp's payout ratio is presently 27.74%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of GSBC. State of Alaska Department of Revenue bought a new stake in Great Southern Bancorp during the third quarter worth about $27,000. Russell Investments Group Ltd. lifted its holdings in shares of Great Southern Bancorp by 1,301.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 771 shares of the financial services provider's stock worth $47,000 after acquiring an additional 716 shares during the period. CWM LLC boosted its position in shares of Great Southern Bancorp by 150.4% during the 2nd quarter. CWM LLC now owns 859 shares of the financial services provider's stock worth $50,000 after acquiring an additional 516 shares in the last quarter. Quadrant Capital Group LLC bought a new position in Great Southern Bancorp in the third quarter valued at approximately $128,000. Finally, R Squared Ltd acquired a new position in Great Southern Bancorp during the fourth quarter valued at approximately $203,000. Institutional investors and hedge funds own 41.66% of the company's stock.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on GSBC shares. Weiss Ratings reiterated a "buy (b-)" rating on shares of Great Southern Bancorp in a report on Monday, December 29th. Zacks Research upgraded shares of Great Southern Bancorp from a "strong sell" rating to a "hold" rating in a research report on Tuesday, December 16th. Finally, Keefe, Bruyette & Woods boosted their price objective on Great Southern Bancorp from $61.00 to $63.00 and gave the stock a "market perform" rating in a report on Friday, January 23rd. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $60.50.
Get Our Latest Stock Analysis on GSBC
About Great Southern Bancorp
(
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.
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