Great Southern Bancorp (NASDAQ:GSBC) Announces Quarterly Earnings Results

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) released its quarterly earnings data on Wednesday. The financial services provider reported $1.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.26 by $0.21, Zacks reports. Great Southern Bancorp had a return on equity of 10.62% and a net margin of 17.40%. The company had revenue of $55.92 million for the quarter, compared to analyst estimates of $55.53 million.

Great Southern Bancorp Price Performance

Shares of GSBC stock traded down $0.57 during trading on Monday, hitting $53.38. The company had a trading volume of 48,400 shares, compared to its average volume of 29,513. The stock's 50-day moving average is $55.89 and its two-hundred day moving average is $58.94. The stock has a market capitalization of $619.10 million, a price-to-earnings ratio of 10.15 and a beta of 0.50. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.16. Great Southern Bancorp has a 52 week low of $47.57 and a 52 week high of $68.02.

Great Southern Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 14th. Stockholders of record on Monday, March 31st were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.00%. Great Southern Bancorp's dividend payout ratio (DPR) is presently 28.57%.

Insiders Place Their Bets

In other 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 transaction of $300,100.00. Following the completion of the sale, the vice president now directly owns 14 shares of the company's stock, valued at approximately $840.28. The trade was a 99.72 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 27.93% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on GSBC shares. Keefe, Bruyette & Woods decreased their price target on Great Southern Bancorp from $63.00 to $61.00 and set a "market perform" rating on the stock in a research report on Monday. Piper Sandler lowered 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 note on Monday.

Great Southern Bancorp Company Profile

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.