Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director Sells $316,050.00 in Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director Earl A. Steinert, Jr. sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 24th. The stock was sold at an average price of $63.21, for a total transaction of $316,050.00. Following the completion of the transaction, the director now owns 939,596 shares in the company, valued at approximately $59,391,863.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Great Southern Bancorp Stock Performance

Shares of NASDAQ GSBC traded down $1.49 during trading on Wednesday, reaching $62.46. 36,132 shares of the company traded hands, compared to its average volume of 28,507. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.18. The firm has a 50 day simple moving average of $54.28 and a 200-day simple moving average of $53.28. Great Southern Bancorp, Inc. has a 52-week low of $45.66 and a 52-week high of $65.90. The stock has a market capitalization of $728.28 million, a PE ratio of 12.47 and a beta of 0.64.

Great Southern Bancorp (NASDAQ:GSBC) last issued its earnings results on Tuesday, July 16th. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.25. The company had revenue of $90.76 million for the quarter, compared to analysts’ expectations of $53.75 million. Great Southern Bancorp had a net margin of 17.42% and a return on equity of 10.68%. During the same quarter last year, the company posted $1.52 earnings per share. Equities research analysts anticipate that Great Southern Bancorp, Inc. will post 5.09 earnings per share for the current year.

Great Southern Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 16th. Investors of record on Monday, July 1st were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.56%. The ex-dividend date of this dividend was Monday, July 1st. Great Southern Bancorp’s payout ratio is currently 31.43%.

Analyst Upgrades and Downgrades

Separately, Piper Sandler upped their price objective on Great Southern Bancorp from $53.00 to $64.00 and gave the company a “neutral” rating in a research report on Thursday, July 18th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Great Southern Bancorp by 11.5% during the 1st quarter. Vanguard Group Inc. now owns 564,032 shares of the financial services provider’s stock valued at $30,920,000 after purchasing an additional 58,041 shares during the period. Allspring Global Investments Holdings LLC raised its position in Great Southern Bancorp by 11.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 150,742 shares of the financial services provider’s stock worth $8,264,000 after acquiring an additional 15,941 shares during the period. American Century Companies Inc. boosted its stake in shares of Great Southern Bancorp by 9.6% during the 3rd quarter. American Century Companies Inc. now owns 110,872 shares of the financial services provider’s stock worth $5,313,000 after acquiring an additional 9,683 shares during the last quarter. Comerica Bank bought a new stake in shares of Great Southern Bancorp during the 1st quarter valued at $173,000. Finally, SG Americas Securities LLC bought a new stake in shares of Great Southern Bancorp during the 2nd quarter valued at $159,000. Institutional investors own 41.66% of the company’s stock.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that provides 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.