Great Southern Bancorp (NASDAQ:GSBC) Given New $61.00 Price Target at Keefe, Bruyette & Woods

Key Points

• Keefe, Bruyette & Woods has lowered its price target for Great Southern Bancorp from $63.00 to $61.00, indicating a potential upside of 9.57% from the current stock price.
• Great Southern Bancorp has received mixed ratings from analysts, including a "buy" rating from Weiss Ratings and a "hold" rating from Wall Street Zen, with a consensus rating of "hold" overall.
• For the latest quarter, Great Southern Bancorp reported an earnings per share (EPS) of $1.56, which exceeded consensus estimates by $0.01, alongside revenues of $57.84 million, surpassing forecasts as well.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) had its target price decreased by Keefe, Bruyette & Woods from $63.00 to $61.00 in a report released on Friday,Benzinga reports. The brokerage presently has a "market perform" rating on the financial services provider's stock. Keefe, Bruyette & Woods' price objective suggests a potential upside of 9.57% from the stock's current price.

Other research analysts also recently issued research reports about the company. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Great Southern Bancorp in a research note on Wednesday, October 8th. Wall Street Zen raised Great Southern Bancorp from a "sell" rating to a "hold" rating in a report on Friday, June 27th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Great Southern Bancorp currently has a consensus rating of "Hold" and an average target price of $59.50.

Great Southern Bancorp Stock Performance

Shares of GSBC stock opened at $55.67 on Friday. 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 52 week low of $47.57 and a 52 week high of $68.01. The company has a market capitalization of $630.74 million, a P/E ratio of 9.25 and a beta of 0.55. The company's 50 day moving average price is $61.64 and its two-hundred day moving average price is $58.51.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last released its quarterly earnings data on Wednesday, October 15th. The financial services provider reported $1.56 EPS for the quarter, beating the consensus estimate of $1.55 by $0.01. The firm had revenue of $57.84 million for the quarter, compared to the consensus estimate of $56.72 million. Great Southern Bancorp had a net margin of 19.80% and a return on equity of 11.38%. On average, analysts expect that Great Southern Bancorp will post 5.24 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in GSBC. GAMMA Investing LLC boosted its holdings in shares of Great Southern Bancorp by 17,650.0% during the 1st quarter. GAMMA Investing LLC now owns 6,035 shares of the financial services provider's stock valued at $334,000 after purchasing an additional 6,001 shares during the last quarter. SG Americas Securities LLC lifted its holdings in shares of Great Southern Bancorp by 62.3% in the 1st quarter. SG Americas Securities LLC now owns 7,701 shares of the financial services provider's stock valued at $426,000 after acquiring an additional 2,956 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of Great Southern Bancorp by 9.4% in the 1st 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 during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Great Southern Bancorp in the 1st quarter valued at about $457,000. Finally, Legato Capital Management LLC lifted its holdings in shares of Great Southern Bancorp by 2.4% in the 1st quarter. Legato Capital Management LLC now owns 18,191 shares of the financial services provider's stock valued at $1,007,000 after acquiring an additional 432 shares during the last quarter. Institutional investors 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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