Great Southern Bancorp (NASDAQ:GSBC) Releases Earnings Results

Key Points

• Great Southern Bancorp reported quarterly EPS of $1.50, exceeding analysts’ consensus estimate of $1.39 by $0.11. The company posted a 20.72% net margin and 10.83% return on equity.
• The stock traded at $78.08, near its 12-month high of $82.91, with a market capitalization of approximately $851 million. The company also declared a quarterly dividend of $0.43 per share, representing a 2.2% yield and a 28.57% payout ratio.
• Analyst sentiment remains cautious, with one Buy rating and two Hold ratings, resulting in an overall “Hold” consensus and an average price target of $74.00.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) announced its quarterly earnings data on Wednesday. The financial services provider reported $1.50 EPS for the quarter, beating analysts' consensus estimates of $1.39 by $0.11, Zacks reports. Great Southern Bancorp had a net margin of 20.72% and a return on equity of 10.83%.

Great Southern Bancorp Stock Performance

NASDAQ GSBC traded down $0.51 on Wednesday, reaching $78.08. The stock had a trading volume of 51,225 shares, compared to its average volume of 88,549. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.93. Great Southern Bancorp has a 12-month low of $53.76 and a 12-month high of $82.91. The business's 50-day moving average price is $78.88 and its 200 day moving average price is $75.34. The stock has a market cap of $851.07 million, a P/E ratio of 12.97 and a beta of 0.50.

Great Southern Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Shareholders of record on Monday, September 28th were given a dividend of $0.43 per share. The ex-dividend date of this dividend was Monday, September 28th. This represents a $1.72 annualized dividend and a yield of 2.2%. Great Southern Bancorp's payout ratio is 28.57%.

Insider Buying and Selling at Great Southern Bancorp

In other news, Director Julie Brown sold 851 shares of the firm's stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $81.00, for a total transaction of $68,931.00. Following the transaction, the director directly owned 7,052 shares in the company, valued at approximately $571,212. This trade represents a 10.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 29.75% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Keefe, Bruyette & Woods boosted their target price on shares of Great Southern Bancorp from $72.00 to $74.00 and gave the stock a "market perform" rating in a research note on Friday, July 17th. Weiss Ratings raised Great Southern Bancorp from a "buy (b-)" rating to a "buy (b)" rating in a report on Thursday, October 8th. Finally, Wall Street Zen upgraded Great Southern Bancorp from a "sell" rating to a "hold" rating in a research note on Saturday. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $74.00.

About Great Southern Bancorp

Great Southern Bancorp, Inc is the bank holding company for Great Southern Bank, a full-service financial institution headquartered in Springfield, Missouri. Through its banking subsidiary, the company provides deposit accounts, lending products and other financial services to individuals, families, businesses and commercial real estate customers.

Great Southern Bank offers checking and savings accounts, certificates of deposit, consumer loans, residential real estate loans, commercial and industrial financing, commercial real estate loans, construction loans and agricultural lending.

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