Analysts Anticipate Great Southern Bancorp, Inc. (GSBC) to Announce $0.82 Earnings Per Share

Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) have been assigned a consensus broker rating score of 3.00 (Hold) from the two brokers that provide coverage for the company, Zacks Investment Research reports. Two analysts have rated the stock with a hold rating.

Brokerages have set a twelve-month consensus price objective of $57.00 for the company and are predicting that the company will post $0.82 earnings per share for the current quarter, according to Zacks. Zacks has also given Great Southern Bancorp an industry rank of 96 out of 265 based on the ratings given to related companies.

A number of equities research analysts have recently weighed in on the company. BidaskClub downgraded Great Southern Bancorp from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Keefe, Bruyette & Woods restated a “hold” rating and set a $52.00 price objective on shares of Great Southern Bancorp in a research note on Tuesday, October 3rd. Zacks Investment Research downgraded Great Southern Bancorp from a “hold” rating to a “sell” rating in a research note on Tuesday, October 24th. Finally, Sandler O’Neill downgraded Great Southern Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, October 6th. They noted that the move was a valuation call.

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In other news, VP Douglas W. Marrs sold 625 shares of the company’s stock in a transaction on Tuesday, October 24th. The stock was sold at an average price of $54.68, for a total value of $34,175.00. Following the completion of the sale, the vice president now owns 2,531 shares in the company, valued at $138,395.08. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Rex A. Copeland sold 5,250 shares of the company’s stock in a transaction on Thursday, October 26th. The shares were sold at an average price of $55.00, for a total value of $288,750.00. Following the completion of the sale, the insider now owns 24,698 shares of the company’s stock, valued at approximately $1,358,390. The disclosure for this sale can be found here. In the last 90 days, insiders sold 5,926 shares of company stock valued at $325,471. Insiders own 23.78% of the company’s stock.

Several institutional investors have recently made changes to their positions in GSBC. Bank of New York Mellon Corp lifted its holdings in shares of Great Southern Bancorp by 4.5% in the first quarter. Bank of New York Mellon Corp now owns 116,606 shares of the financial services provider’s stock valued at $5,889,000 after buying an additional 5,057 shares during the period. Swiss National Bank raised its position in shares of Great Southern Bancorp by 6.0% during the first quarter. Swiss National Bank now owns 16,000 shares of the financial services provider’s stock worth $808,000 after purchasing an additional 900 shares during the period. Ameriprise Financial Inc. raised its position in shares of Great Southern Bancorp by 7.9% during the first quarter. Ameriprise Financial Inc. now owns 43,027 shares of the financial services provider’s stock worth $2,173,000 after purchasing an additional 3,159 shares during the period. Parametric Portfolio Associates LLC raised its position in shares of Great Southern Bancorp by 15.1% during the first quarter. Parametric Portfolio Associates LLC now owns 14,137 shares of the financial services provider’s stock worth $714,000 after purchasing an additional 1,850 shares during the period. Finally, American International Group Inc. raised its position in shares of Great Southern Bancorp by 7.2% during the first quarter. American International Group Inc. now owns 6,612 shares of the financial services provider’s stock worth $334,000 after purchasing an additional 445 shares during the period. Institutional investors and hedge funds own 40.26% of the company’s stock.

Shares of Great Southern Bancorp (NASDAQ:GSBC) opened at $53.70 on Friday. Great Southern Bancorp has a twelve month low of $39.60 and a twelve month high of $58.45. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a market capitalization of $754.21, a P/E ratio of 14.92 and a beta of 1.06.

Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.82 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.82. Great Southern Bancorp had a return on equity of 11.60% and a net margin of 23.03%. The business had revenue of $46.94 million during the quarter, compared to the consensus estimate of $46.30 million. sell-side analysts predict that Great Southern Bancorp will post 3.58 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Monday, October 2nd were issued a $0.24 dividend. The ex-dividend date was Friday, September 29th. This represents a $0.96 annualized dividend and a dividend yield of 1.79%. Great Southern Bancorp’s dividend payout ratio (DPR) is 26.67%.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc is a bank holding company, a financial holding company and the parent of Great Southern Bank (the Bank). Through the Bank and subsidiaries of the Bank, the Company offers insurance, travel, investment and related services. The Bank makes long-term, fixed-rate residential real estate loans.

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