Great Southern Bancorp (NASDAQ:GSBC) Given "Buy (B-)" Rating at Weiss Ratings

Key Points

• Great Southern Bancorp received a "Buy (B-)" rating from Weiss Ratings, reaffirming confidence in the stock's potential.
• Keefe, Bruyette & Woods increased the price target for the stock to $63.00, while the consensus rating remains a "Hold" with a target price of $60.50.
• The company reported earnings per share of $1.72, exceeding analysts' expectations by 35 cents and indicating robust financial performance.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report)'s stock had its "buy (b-)" rating reaffirmed by equities research analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

A number of other equities research analysts have also commented on the company. Keefe, Bruyette & Woods raised their price target on Great Southern Bancorp from $61.00 to $63.00 and gave the stock a "market perform" rating in a research report on Friday, July 18th. Wall Street Zen raised Great Southern Bancorp from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Great Southern Bancorp has a consensus rating of "Hold" and a consensus target price of $60.50.

Great Southern Bancorp Price Performance

Shares of GSBC opened at $61.09 on Wednesday. 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 1 year low of $47.57 and a 1 year high of $68.01. The stock has a market cap of $692.03 million, a P/E ratio of 10.41 and a beta of 0.55. The stock's 50-day moving average price is $61.19 and its two-hundred day moving average price is $58.38.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last issued its earnings results on Wednesday, July 16th. The financial services provider reported $1.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.37 by $0.35. Great Southern Bancorp had a return on equity of 11.17% and a net margin of 19.18%.The firm had revenue of $59.18 million for the quarter, compared to analysts' expectations of $55.61 million. On average, equities analysts predict that Great Southern Bancorp will post 5.24 earnings per share for the current year.

Institutional Investors Weigh In On Great Southern Bancorp

A number of hedge funds and other institutional investors have recently bought and sold shares of GSBC. CWM LLC raised its position in Great Southern Bancorp by 150.4% in the 2nd 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 last quarter. Walleye Capital LLC acquired a new stake in Great Southern Bancorp in the 2nd quarter valued at approximately $206,000. Rafferty Asset Management LLC raised its position in Great Southern Bancorp by 24.6% in the 1st quarter. Rafferty Asset Management LLC now owns 4,987 shares of the financial services provider's stock valued at $276,000 after buying an additional 984 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Great Southern Bancorp by 4.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,138 shares of the financial services provider's stock valued at $284,000 after buying an additional 234 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in Great Southern Bancorp by 17,650.0% in the 1st quarter. GAMMA Investing LLC now owns 6,035 shares of the financial services provider's stock valued at $334,000 after buying an additional 6,001 shares during the last quarter. Institutional investors and hedge funds own 41.66% of the company's stock.

About Great Southern Bancorp

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that provides 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 deposit, brokered certificates, and individual retirement accounts.

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