Great Southern Bancorp (NASDAQ:GSBC) Shares Cross Above 200-Day Moving Average – What’s Next?

Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $58.51 and traded as high as $61.78. Great Southern Bancorp shares last traded at $55.67, with a volume of 62,892 shares changing hands.

Analyst Ratings Changes

Several analysts recently weighed in on GSBC shares. Wall Street Zen upgraded shares of Great Southern Bancorp from a “sell” rating to a “hold” rating in a report on Friday, June 27th. Keefe, Bruyette & Woods boosted their price target on shares of Great Southern Bancorp from $61.00 to $63.00 and gave the company a “market perform” rating in a research report on Friday, July 18th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Great Southern Bancorp in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $60.50.

Great Southern Bancorp Stock Performance

The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.04. The company has a market cap of $630.74 million, a PE ratio of 9.25 and a beta of 0.55. The stock’s 50 day simple moving average is $61.64 and its two-hundred day simple moving average is $58.51.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings data on Wednesday, October 15th. The financial services provider reported $1.56 earnings per share for the quarter, topping the consensus estimate of $1.55 by $0.01. Great Southern Bancorp had a net margin of 19.80% and a return on equity of 11.38%. The company had revenue of $57.84 million during the quarter, compared to analyst estimates of $56.72 million. As a group, research analysts anticipate that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current year.

Great Southern Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 14th. Shareholders of record on Monday, September 29th were paid a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Monday, September 29th. This is a positive change from Great Southern Bancorp’s previous quarterly dividend of $0.40. Great Southern Bancorp’s dividend payout ratio (DPR) is presently 29.30%.

Institutional Trading of Great Southern Bancorp

A number of hedge funds and other institutional investors have recently made changes to their positions in GSBC. CWM LLC raised its position in shares of Great Southern Bancorp by 150.4% during the 2nd quarter. CWM LLC now owns 859 shares of the financial services provider’s stock worth $50,000 after buying an additional 516 shares in the last quarter. Walleye Capital LLC bought a new stake in shares of Great Southern Bancorp in the 2nd quarter worth approximately $206,000. Rafferty Asset Management LLC raised its holdings in shares of Great Southern Bancorp by 24.6% in the 1st quarter. Rafferty Asset Management LLC now owns 4,987 shares of the financial services provider’s stock worth $276,000 after purchasing an additional 984 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Great Southern Bancorp by 4.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,138 shares of the financial services provider’s stock worth $284,000 after purchasing an additional 234 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in shares of Great Southern Bancorp by 17,650.0% in the 1st quarter. GAMMA Investing LLC now owns 6,035 shares of the financial services provider’s stock worth $334,000 after purchasing an additional 6,001 shares in the last quarter. 41.66% of the stock is currently owned by institutional investors.

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.