Great Southern Bancorp, Inc. (GSBC) to Post FY2019 Earnings of $3.86 Per Share, FIG Partners Forecasts
Great Southern Bancorp, Inc. (NASDAQ:GSBC) – Stock analysts at FIG Partners increased their FY2019 earnings estimates for Great Southern Bancorp in a research report issued to clients and investors on Wednesday. FIG Partners analyst J. Rodis now anticipates that the financial services provider will post earnings per share of $3.86 for the year, up from their previous estimate of $3.85.
Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings data on Tuesday, January 23rd. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.82 by $0.07. Great Southern Bancorp had a return on equity of 11.38% and a net margin of 23.27%. The business had revenue of $46.65 million during the quarter, compared to analyst estimates of $47.40 million.
Shares of Great Southern Bancorp (NASDAQ GSBC) traded up $0.95 during trading hours on Friday, hitting $50.25. The company had a trading volume of 63,333 shares, compared to its average volume of 23,935. The company has a current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 0.48. Great Southern Bancorp has a twelve month low of $47.25 and a twelve month high of $58.45. The stock has a market capitalization of $720.58, a price-to-earnings ratio of 13.58 and a beta of 1.03.
Several large investors have recently modified their holdings of GSBC. State Street Corp grew its position in shares of Great Southern Bancorp by 5.5% in the second quarter. State Street Corp now owns 223,346 shares of the financial services provider’s stock valued at $11,949,000 after purchasing an additional 11,691 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Great Southern Bancorp in the third quarter valued at about $104,000. Ameriprise Financial Inc. grew its position in shares of Great Southern Bancorp by 11.4% in the third quarter. Ameriprise Financial Inc. now owns 39,977 shares of the financial services provider’s stock valued at $2,225,000 after purchasing an additional 4,080 shares during the last quarter. Aviance Capital Partners LLC grew its position in Great Southern Bancorp by 64.0% during the third quarter. Aviance Capital Partners LLC now owns 14,315 shares of the financial services provider’s stock worth $797,000 after buying an additional 5,586 shares in the last quarter. Finally, Wells Fargo & Company MN grew its position in Great Southern Bancorp by 5.9% during the third quarter. Wells Fargo & Company MN now owns 66,450 shares of the financial services provider’s stock worth $3,698,000 after buying an additional 3,700 shares in the last quarter. 40.83% of the stock is currently owned by institutional investors.
In other Great Southern Bancorp news, Director Douglas M. Pitt purchased 2,000 shares of the stock in a transaction dated Monday, January 29th. The shares were bought at an average cost of $51.58 per share, with a total value of $103,160.00. Following the completion of the transaction, the director now owns 3,100 shares in the company, valued at approximately $159,898. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William E. Barclay sold 780 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $50.82, for a total value of $39,639.60. Following the completion of the sale, the director now directly owns 10,248 shares in the company, valued at $520,803.36. The disclosure for this sale can be found here. 23.78% of the stock is owned by company insiders.
The business also recently announced a quarterly dividend, which will be paid on Monday, April 16th. Shareholders of record on Monday, April 2nd will be issued a dividend of $0.28 per share. This is a positive change from Great Southern Bancorp’s previous quarterly dividend of $0.24. This represents a $1.12 annualized dividend and a yield of 2.23%. The ex-dividend date of this dividend is Thursday, March 29th. Great Southern Bancorp’s dividend payout ratio (DPR) is 26.45%.
About Great Southern Bancorp
Great Southern Bancorp, Inc is a bank holding company, a financial holding company and the parent of Great Southern Bank (the Bank). Through the Bank and subsidiaries of the Bank, the Company offers insurance, travel, investment and related services. The Bank makes long-term, fixed-rate residential real estate loans.
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