Keefe, Bruyette & Woods Issues Pessimistic Forecast for Great Southern Bancorp (NASDAQ:GSBC) Stock Price

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) had its price target decreased by research analysts at Keefe, Bruyette & Woods from $63.00 to $61.00 in a report released on Monday,Benzinga reports. The brokerage presently has a "market perform" rating on the financial services provider's stock. Keefe, Bruyette & Woods' price target indicates a potential upside of 11.33% from the stock's previous close.

Separately, Piper Sandler cut their target price on shares of Great Southern Bancorp from $62.00 to $58.00 and set a "neutral" rating on the stock in a research report on Monday, April 21st.

Great Southern Bancorp Trading Down 1.1 %

NASDAQ:GSBC traded down $0.63 during mid-day trading on Monday, hitting $54.79. The company had a trading volume of 67,963 shares, compared to its average volume of 29,684. The firm has a market cap of $635.45 million, a P/E ratio of 10.42 and a beta of 0.50. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.93 and a current ratio of 0.93. The business's fifty day moving average is $55.53 and its two-hundred day moving average is $58.91. Great Southern Bancorp has a fifty-two week low of $47.57 and a fifty-two week high of $68.02.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The financial services provider reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.26 by $0.21. The firm had revenue of $55.92 million for the quarter, compared to analyst estimates of $55.53 million. Great Southern Bancorp had a net margin of 17.40% and a return on equity of 10.62%. As a group, research analysts expect that Great Southern Bancorp will post 5.24 earnings per share for the current year.

Insider Buying and Selling at Great Southern Bancorp

In related news, VP Kevin L. Baker sold 5,000 shares of Great Southern Bancorp stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $60.02, for a total value of $300,100.00. Following the transaction, the vice president now directly owns 14 shares of the company's stock, valued at $840.28. The trade was a 99.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 27.93% of the company's stock.

Institutional Investors Weigh In On Great Southern Bancorp

Several hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its holdings in Great Southern Bancorp by 0.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 731,380 shares of the financial services provider's stock worth $43,664,000 after purchasing an additional 3,019 shares during the last quarter. American Century Companies Inc. increased its stake in Great Southern Bancorp by 8.1% in the 4th quarter. American Century Companies Inc. now owns 208,213 shares of the financial services provider's stock worth $12,430,000 after buying an additional 15,557 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Great Southern Bancorp by 0.9% in the 3rd quarter. Geode Capital Management LLC now owns 203,810 shares of the financial services provider's stock worth $11,683,000 after purchasing an additional 1,891 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in Great Southern Bancorp by 9.4% during the first quarter. Allspring Global Investments Holdings LLC now owns 166,293 shares of the financial services provider's stock valued at $9,208,000 after acquiring an additional 14,327 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Great Southern Bancorp by 0.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 71,411 shares of the financial services provider's stock worth $4,263,000 after buying an additional 363 shares in the last quarter. 41.66% of the stock is currently owned by institutional investors.

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.