Great Southern Bancorp (NASDAQ:GSBC) Stock Price Crosses Above 200-Day Moving Average – Should You Sell?

Great Southern Bancorp, Inc. (NASDAQ:GSBC) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $61.42 and traded as high as $62.44. Great Southern Bancorp shares last traded at $62.44, with a volume of 78,973 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on GSBC. Zacks Research upgraded Great Southern Bancorp from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 16th. Weiss Ratings restated a “buy (b-)” rating on shares of Great Southern Bancorp in a research report on Monday, December 29th. Finally, Keefe, Bruyette & Woods increased 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, January 23rd. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Great Southern Bancorp has an average rating of “Hold” and an average 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 fifty day moving average price of $63.02 and a 200 day moving average price of $61.42. The stock has a market cap of $698.70 million, a PE ratio of 10.07 and a beta of 0.52.

Great Southern Bancorp (NASDAQ:GSBC) last issued its earnings results on Thursday, January 22nd. The financial services provider reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.07. The company had revenue of $56.35 million during the quarter, compared to analysts’ expectations of $55.03 million. Great Southern Bancorp had a return on equity of 11.40% and a net margin of 20.70%. Analysts expect that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current year.

Great Southern Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 13th. Stockholders of record on Monday, December 29th were issued a $0.43 dividend. The ex-dividend date was Monday, December 29th. This represents a $1.72 annualized dividend and a dividend yield of 2.8%. Great Southern Bancorp’s dividend payout ratio (DPR) is currently 27.74%.

Insider Buying and Selling

In related news, Director William V. Turner sold 6,000 shares of the company’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $59.70, for a total transaction of $358,200.00. Following the completion of the sale, the director directly owned 199,112 shares in the company, valued at $11,886,986.40. This represents a 2.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Joseph W. Turner sold 6,000 shares of the stock in a transaction on Monday, January 26th. The shares were sold at an average price of $60.74, for a total transaction of $364,440.00. Following the sale, the chief executive officer directly owned 137,382 shares of the company’s stock, valued at $8,344,582.68. The trade was a 4.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 14,680 shares of company stock valued at $885,376 over the last three months. 27.93% of the stock is owned by company insiders.

Institutional Trading of Great Southern Bancorp

Several large investors have recently modified their holdings of the business. State of Alaska Department of Revenue bought a new position in Great Southern Bancorp during the 3rd quarter valued at approximately $27,000. Russell Investments Group Ltd. increased its stake in shares of 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 valued at $47,000 after buying an additional 716 shares during the period. CWM LLC increased its stake in shares of Great Southern Bancorp by 150.4% during the second quarter. CWM LLC now owns 859 shares of the financial services provider’s stock valued at $50,000 after buying an additional 516 shares during the period. Sarver Vrooman Wealth Advisors bought a new position in shares of Great Southern Bancorp during the fourth quarter valued at approximately $77,000. Finally, Quadrant Capital Group LLC purchased a new stake in Great Southern Bancorp in the third quarter worth $128,000. 41.66% of the stock is owned by institutional investors.

Great Southern Bancorp Company Profile

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.