Key Points
- VP Kevin Baker sold 2,800 shares on May 6 at an average price of $69.96 for a total of $195,888, leaving him with 14 shares (a 99.5% reduction in his position).
- Great Southern Bancorp beat Q1 estimates with EPS of $1.58 (vs. $1.27) and $55.36M revenue, recently declared a $0.43 quarterly dividend (2.5% yield), and holds a consensus analyst rating of Buy with an average target of $65.
Great Southern Bancorp, Inc. (NASDAQ:GSBC - Get Free Report) VP Kevin Baker sold 2,800 shares of the firm's stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $69.96, for a total value of $195,888.00. Following the transaction, the vice president owned 14 shares of the company's stock, valued at $979.44. This represents a 99.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Great Southern Bancorp Trading Up 0.7%
GSBC opened at $70.10 on Thursday. The firm has a market cap of $768.51 million, a P/E ratio of 11.11 and a beta of 0.50. Great Southern Bancorp, Inc. has a 12 month low of $53.76 and a 12 month high of $70.91. 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 stock has a 50-day moving average of $64.43 and a 200 day moving average of $62.36.
Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last released its quarterly earnings results on Wednesday, April 15th. The financial services provider reported $1.58 EPS for the quarter, topping the consensus estimate of $1.27 by $0.31. The company 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%. As a group, research analysts forecast that Great Southern Bancorp, Inc. will post 5.84 EPS for the current year.
Great Southern Bancorp Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, April 14th. Investors of record on Monday, March 30th were given a $0.43 dividend. The ex-dividend date was Monday, March 30th. This represents a $1.72 annualized dividend and a yield of 2.5%. Great Southern Bancorp's dividend payout ratio (DPR) is currently 27.26%.
Institutional Investors Weigh In On Great Southern Bancorp
Several large investors have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. bought a new stake in shares of Great Southern Bancorp during the first quarter valued at approximately $867,000. Fifth Third Bancorp bought a new stake in shares of Great Southern Bancorp during the first quarter valued at approximately $243,000. Inspire Investing LLC raised its stake in shares of Great Southern Bancorp by 7.6% during the first quarter. Inspire Investing LLC now owns 8,136 shares of the financial services provider's stock valued at $514,000 after acquiring an additional 572 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Great Southern Bancorp by 22.2% during the fourth quarter. Empowered Funds LLC now owns 44,906 shares of the financial services provider's stock valued at $2,764,000 after acquiring an additional 8,149 shares in the last quarter. Finally, Susquehanna Fundamental Investments LLC bought a new stake in shares of Great Southern Bancorp during the fourth quarter valued at approximately $246,000. 41.66% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several research firms recently commented on GSBC. Weiss Ratings reiterated a "buy (b)" rating on shares of Great Southern Bancorp in a research report on Tuesday, April 21st. Keefe, Bruyette & Woods lifted their price target on Great Southern Bancorp from $63.00 to $65.00 and gave the stock a "market perform" rating in a research report on Friday, April 17th. Finally, Zacks Research upgraded Great Southern Bancorp from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 20th. 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 company. According to MarketBeat, the company has a consensus rating of "Buy" and an average target price of $65.00.
View Our Latest Analysis 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.
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