Great Southern Bancorp, Inc. (GSBC) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) have received a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.
Brokers have set a 12-month consensus target price of $58.00 for the company and are expecting that the company will post $1.09 EPS for the current quarter, according to Zacks. Zacks has also given Great Southern Bancorp an industry rank of 100 out of 255 based on the ratings given to related companies.
A number of equities analysts recently issued reports on GSBC shares. Zacks Investment Research cut shares of Great Southern Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, January 16th. ValuEngine upgraded shares of Great Southern Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd. Finally, BidaskClub cut shares of Great Southern Bancorp from a “hold” rating to a “sell” rating in a research report on Friday, December 7th.
Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings data on Tuesday, January 22nd. The financial services provider reported $1.21 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.12 by $0.09. The business had revenue of $51.78 million during the quarter, compared to analysts’ expectations of $50.10 million. Great Southern Bancorp had a net margin of 27.71% and a return on equity of 13.35%. As a group, research analysts expect that Great Southern Bancorp will post 4.36 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 16th. Shareholders of record on Monday, April 1st will be given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 2.43%. The ex-dividend date is Friday, March 29th. Great Southern Bancorp’s dividend payout ratio (DPR) is currently 27.18%.
In other Great Southern Bancorp news, VP Douglas W. Marrs sold 625 shares of the company’s stock in a transaction that occurred on Monday, January 28th. The shares were sold at an average price of $53.20, for a total value of $33,250.00. Following the completion of the transaction, the vice president now directly owns 1,625 shares in the company, valued at approximately $86,450. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider William E. Barclay sold 663 shares of the company’s stock in a transaction that occurred on Thursday, January 31st. The shares were sold at an average price of $52.79, for a total transaction of $34,999.77. Following the completion of the transaction, the insider now owns 9,513 shares of the company’s stock, valued at $502,191.27. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,988 shares of company stock valued at $548,457. Corporate insiders own 23.00% of the company’s stock.
A number of hedge funds and other institutional investors have recently made changes to their positions in GSBC. Bank of New York Mellon Corp increased its position in Great Southern Bancorp by 1.2% during the second quarter. Bank of New York Mellon Corp now owns 115,211 shares of the financial services provider’s stock worth $6,590,000 after buying an additional 1,315 shares in the last quarter. Prudential Financial Inc. increased its position in Great Southern Bancorp by 1.6% during the third quarter. Prudential Financial Inc. now owns 115,777 shares of the financial services provider’s stock worth $6,409,000 after buying an additional 1,860 shares in the last quarter. BlackRock Inc. increased its position in Great Southern Bancorp by 1.4% during the third quarter. BlackRock Inc. now owns 886,577 shares of the financial services provider’s stock worth $49,071,000 after buying an additional 12,262 shares in the last quarter. FMR LLC purchased a new position in Great Southern Bancorp during the third quarter worth $108,000. Finally, Walthausen & Co. LLC purchased a new position in Great Southern Bancorp during the third quarter worth $11,004,000. Hedge funds and other institutional investors own 43.52% of the company’s stock.
About Great Southern Bancorp
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 deposits, brokered certificates, and individual retirement accounts.
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