Great Southern Bancorp (NASDAQ:GSBC) Upgraded at Zacks Research

Zacks Research upgraded shares of Great Southern Bancorp (NASDAQ:GSBC) from a hold rating to a strong-buy rating in a research report report published on Monday morning,Zacks.com reports.

Other analysts have also recently issued reports about the stock. Keefe, Bruyette & Woods upped their price target on shares of Great Southern Bancorp from $63.00 to $65.00 and gave the company a “market perform” rating in a report on Friday, April 17th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Great Southern Bancorp in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Great Southern Bancorp has a consensus rating of “Buy” and an average price target of $65.00.

Great Southern Bancorp Price Performance

Shares of GSBC stock opened at $66.92 on Monday. The company has a market capitalization of $733.44 million, a PE ratio of 10.61 and a beta of 0.46. The firm has a fifty day simple moving average of $63.73 and a 200-day simple moving average of $61.92. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.04. Great Southern Bancorp has a twelve month low of $53.60 and a twelve month high of $70.91.

Great Southern Bancorp (NASDAQ:GSBC) last announced its earnings results on Wednesday, April 15th. The financial services provider reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.31. The business had revenue of $55.36 million during the quarter, compared to the consensus estimate of $54.75 million. Great Southern Bancorp had a net margin of 21.33% and a return on equity of 11.31%. Equities research analysts anticipate that Great Southern Bancorp will post 5.84 earnings per share for the current fiscal year.

Great Southern Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 14th. Investors of record on Monday, March 30th were issued a $0.43 dividend. The ex-dividend date of this dividend was Monday, March 30th. This represents a $1.72 annualized dividend and a yield of 2.6%. Great Southern Bancorp’s dividend payout ratio is currently 27.26%.

Insider Activity at Great Southern Bancorp

In related news, Director Thomas J. Carlson sold 680 shares of the company’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $63.17, for a total value of $42,955.60. Following the sale, the director directly owned 17,206 shares of the company’s stock, valued at $1,086,903.02. This represents a 3.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director William V. Turner sold 6,000 shares of the business’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 sale, the director owned 199,112 shares of the company’s stock, valued at approximately $11,886,986.40. The trade was a 2.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 17,180 shares of company stock valued at $1,054,351. Insiders own 29.75% of the company’s stock.

Institutional Trading of Great Southern Bancorp

Institutional investors have recently added to or reduced their stakes in the business. State of Alaska Department of Revenue bought a new stake in Great Southern Bancorp during the third quarter valued at $27,000. Russell Investments Group Ltd. increased its stake in 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 purchasing an additional 716 shares during the last quarter. Sarver Vrooman Wealth Advisors bought a new stake in Great Southern Bancorp during the fourth quarter valued at $77,000. Quadrant Capital Group LLC bought a new stake in Great Southern Bancorp during the third quarter valued at $128,000. Finally, CWM LLC increased its stake in Great Southern Bancorp by 224.7% during the third quarter. CWM LLC now owns 2,789 shares of the financial services provider’s stock valued at $171,000 after purchasing an additional 1,930 shares during the last quarter. Institutional investors own 41.66% of the company’s stock.

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.