Great Southern Bancorp (NASDAQ:GSBC) Issues Earnings Results

Great Southern Bancorp (NASDAQ:GSBC – Get Rating) issued its quarterly earnings results on Monday. The financial services provider reported $1.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.64 by $0.20, MarketWatch Earnings reports. Great Southern Bancorp had a return on equity of 12.15% and a net margin of 28.28%. The business had revenue of $75.61 million for the quarter, compared to analyst estimates of $62.53 million.

Great Southern Bancorp Stock Down 0.8 %

Shares of GSBC stock traded down $0.44 during trading hours on Tuesday, reaching $58.05. 30,442 shares of the company’s stock were exchanged, compared to its average volume of 18,196. The stock’s fifty day moving average price is $60.24 and its two-hundred day moving average price is $60.38. The stock has a market cap of $709.08 million, a PE ratio of 10.95 and a beta of 0.75. Great Southern Bancorp has a 1 year low of $50.30 and a 1 year high of $64.16. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.20.

Great Southern Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 18th. Stockholders of record on Tuesday, January 3rd were paid a dividend of $0.40 per share. The ex-dividend date was Friday, December 30th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.76%. Great Southern Bancorp’s payout ratio is 29.96%.

Insider Activity at Great Southern Bancorp

In related news, Director William V. Turner sold 8,085 shares of the company’s stock in a transaction that occurred on Wednesday, October 26th. The stock was sold at an average price of $60.68, for a total value of $490,597.80. Following the sale, the director now owns 232,095 shares in the company, valued at $14,083,524.60. The sale was disclosed in a legal filing with the SEC, which is available through this link. In related news, Director William V. Turner sold 8,085 shares of the company’s stock in a transaction that occurred on Wednesday, October 26th. The stock was sold at an average price of $60.68, for a total value of $490,597.80. Following the sale, the director now owns 232,095 shares in the company, valued at $14,083,524.60. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Treasurer Rex A. Copeland sold 824 shares of the company’s stock in a transaction that occurred on Monday, November 21st. The shares were sold at an average price of $62.01, for a total value of $51,096.24. Following the completion of the sale, the treasurer now owns 22,494 shares in the company, valued at approximately $1,394,852.94. The disclosure for this sale can be found here. Insiders have sold a total of 9,559 shares of company stock worth $582,151 over the last quarter. Insiders own 25.82% of the company’s stock.

Institutional Investors Weigh In On Great Southern Bancorp

Several hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP boosted its position in Great Southern Bancorp by 4.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 767,662 shares of the financial services provider’s stock worth $45,300,000 after purchasing an additional 32,267 shares in the last quarter. Vanguard Group Inc. boosted its position in Great Southern Bancorp by 2.6% in the 3rd quarter. Vanguard Group Inc. now owns 522,687 shares of the financial services provider’s stock worth $29,830,000 after purchasing an additional 13,420 shares in the last quarter. State Street Corp boosted its position in Great Southern Bancorp by 13.0% in the 1st quarter. State Street Corp now owns 322,839 shares of the financial services provider’s stock worth $19,168,000 after purchasing an additional 37,201 shares in the last quarter. Renaissance Technologies LLC boosted its position in Great Southern Bancorp by 11.1% in the 1st quarter. Renaissance Technologies LLC now owns 301,600 shares of the financial services provider’s stock worth $17,797,000 after purchasing an additional 30,200 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Great Southern Bancorp by 60.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 137,144 shares of the financial services provider’s stock worth $8,093,000 after buying an additional 51,534 shares during the period. Hedge funds and other institutional investors own 42.26% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Great Southern Bancorp from a “buy” rating to a “hold” rating in a research note on Saturday, November 19th.

Great Southern Bancorp Company Profile

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Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that offers a range of financial services in the United States. Its deposit products include regular savings accounts, checking accounts, money market accounts, fixed interest rate certificates with varying maturities, certificates of deposit, brokered certificates, and individual retirement accounts.