Key Points
- Director Julie Brown sold 851 Great Southern Bancorp shares at $81 each for $68,931, reducing her direct ownership by 10.77% to 7,052 shares.
- Great Southern Bancorp reported quarterly EPS of $1.57, exceeding analysts’ $1.38 estimate, while revenue of $56.87 million also surpassed expectations.
- The company pays a quarterly dividend of $0.43, equivalent to $1.72 annually and a 2.2% yield. Analysts’ consensus rating is Hold, with an average price target of $74 versus the stock’s reported $78.78 price.
Great Southern Bancorp, Inc. (NASDAQ:GSBC - Get Free Report) Director Julie Brown sold 851 shares of the company's stock in a transaction on Monday, August 17th. The shares were sold at an average price of $81.00, for a total transaction of $68,931.00. Following the completion of the sale, the director directly owned 7,052 shares in the company, valued at $571,212. This trade represents a 10.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Great Southern Bancorp Price Performance
NASDAQ:GSBC opened at $78.78 on Friday. The stock's 50-day moving average price is $78.51 and its 200-day moving average price is $70.50. Great Southern Bancorp, Inc. has a 52 week low of $53.76 and a 52 week high of $82.91. The stock has a market capitalization of $858.70 million, a PE ratio of 13.09 and a beta of 0.49. 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 announced its quarterly earnings data on Thursday, July 16th. The financial services provider reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.19. The company had revenue of $56.87 million during the quarter, compared to analysts' expectations of $55.26 million. Great Southern Bancorp had a net margin of 20.72% and a return on equity of 10.83%. As a group, equities analysts expect that Great Southern Bancorp, Inc. will post 5.99 EPS for the current fiscal year.
Great Southern Bancorp Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Monday, June 29th were issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Monday, June 29th. Great Southern Bancorp's dividend payout ratio is presently 28.57%.
Hedge Funds Weigh In On Great Southern Bancorp
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. grew its stake in Great Southern Bancorp by 1,301.8% during the third quarter. Russell Investments Group Ltd. now owns 771 shares of the financial services provider's stock worth $47,000 after buying an additional 716 shares during the last quarter. Quantbot Technologies LP bought a new position in Great Southern Bancorp in the second quarter valued at approximately $71,000. Sarver Vrooman Wealth Advisors acquired a new stake in Great Southern Bancorp in the fourth quarter valued at $77,000. Royal Bank of Canada raised its stake in Great Southern Bancorp by 24.8% in the 1st quarter. Royal Bank of Canada now owns 1,309 shares of the financial services provider's stock valued at $83,000 after acquiring an additional 260 shares during the period. Finally, Quadrant Capital Group LLC acquired a new position in Great Southern Bancorp in the 3rd quarter valued at about $128,000. 41.66% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several research firms have weighed in on GSBC. Keefe, Bruyette & Woods raised their price target on Great Southern Bancorp from $72.00 to $74.00 and gave the stock a "market perform" rating in a research report on Friday, July 17th. Weiss Ratings lowered Great Southern Bancorp from a "buy (b+)" rating to a "buy (b-)" rating in a research report on Tuesday, August 11th. Zacks Research lowered Great Southern Bancorp from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, June 16th. Finally, Wall Street Zen lowered Great Southern Bancorp from a "hold" rating to a "sell" rating in a research report on Saturday, May 9th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Great Southern Bancorp presently has a consensus rating of "Hold" and an average price target of $74.00.
Read Our Latest Stock Analysis on Great Southern Bancorp
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.
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