Key Points
- Insider sale: VP Mark Maples sold 2,387 shares at an average of $68.95 for about $164,583, reducing his holding by 66.79% to 1,187 shares, according to an SEC filing.
- Quarterly results: Great Southern beat expectations with EPS of $1.58 vs. $1.27 estimate and revenue of $55.36M vs. $54.75M, and analysts forecast roughly 5.84 EPS for the fiscal year.
- Dividend & valuation: The bank pays a $0.43 quarterly dividend (annualized $1.72) for a 2.5% yield and 27.26% payout ratio; market cap ≈ $753M, P/E 10.89, 52-week range $53.60–$70.91.
Great Southern Bancorp, Inc. (NASDAQ:GSBC - Get Free Report) VP Mark Maples sold 2,387 shares of the business's stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $68.95, for a total value of $164,583.65. Following the completion of the transaction, the vice president owned 1,187 shares in the company, valued at approximately $81,843.65. This trade represents a 66.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
Great Southern Bancorp Stock Down 0.2%
Shares of Great Southern Bancorp stock opened at $68.70 on Tuesday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.04. The firm has a market cap of $752.95 million, a P/E ratio of 10.89 and a beta of 0.50. Great Southern Bancorp, Inc. has a fifty-two week low of $53.60 and a fifty-two week high of $70.91. The business has a 50-day moving average price of $64.16 and a 200 day moving average price of $62.21.
Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last announced its quarterly earnings data on Wednesday, April 15th. The financial services provider reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.31. The firm had revenue of $55.36 million during the quarter, compared to analyst estimates of $54.75 million. Great Southern Bancorp had a return on equity of 11.31% and a net margin of 21.33%. On average, sell-side analysts forecast that Great Southern Bancorp, Inc. will post 5.84 earnings per share for the current fiscal year.
Great Southern Bancorp Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Investors of record on Monday, March 30th were issued a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Monday, March 30th. Great Southern Bancorp's payout ratio is currently 27.26%.
Hedge Funds Weigh In On Great Southern Bancorp
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Tudor Investment Corp ET AL acquired a new position in Great Southern Bancorp in the third quarter valued at approximately $1,072,000. American Century Companies Inc. boosted its stake in Great Southern Bancorp by 9.8% in the third quarter. American Century Companies Inc. now owns 271,310 shares of the financial services provider's stock valued at $16,618,000 after acquiring an additional 24,131 shares during the period. JPMorgan Chase & Co. boosted its stake in Great Southern Bancorp by 101.5% in the third quarter. JPMorgan Chase & Co. now owns 16,452 shares of the financial services provider's stock valued at $1,008,000 after acquiring an additional 8,287 shares during the period. Hennion & Walsh Asset Management Inc. boosted its stake in Great Southern Bancorp by 10.7% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 6,786 shares of the financial services provider's stock valued at $418,000 after acquiring an additional 656 shares during the period. Finally, Dean Capital Management boosted its stake in Great Southern Bancorp by 17.7% in the third quarter. Dean Capital Management now owns 37,292 shares of the financial services provider's stock valued at $2,284,000 after acquiring an additional 5,614 shares during the period. 41.66% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on GSBC shares. Zacks Research raised Great Southern Bancorp from a "hold" rating to a "strong-buy" rating in a report on Monday, April 20th. Keefe, Bruyette & Woods boosted their price objective on Great Southern Bancorp from $63.00 to $65.00 and gave the company a "market perform" rating in a report on Friday, April 17th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Great Southern Bancorp in a report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $65.00.
Check Out Our Latest Research Report on Great Southern Bancorp
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.
Further Reading
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].
