Great Southern Bancorp (NASDAQ:GSBC) Share Price Crosses Above 200 Day Moving Average - Time to Sell?

Key Points

• Great Southern Bancorp's stock price has recently gone above its 200-day moving average of $57.31, trading at $57.29 with a volume of 32,933 shares.
• The company reported a quarterly earnings per share (EPS) of $1.72, exceeding the consensus estimate by $0.35, with a net margin of 19.18% in the latest quarter.
• A quarterly dividend of $0.40 was paid, translating to an annualized yield of 2.8%, indicating a payout ratio of 27.26%.

Great Southern Bancorp, Inc. (NASDAQ:GSBC - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $57.31 and traded as high as $57.40. Great Southern Bancorp shares last traded at $57.29, with a volume of 32,933 shares traded.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on GSBC. Wall Street Zen upgraded shares of Great Southern Bancorp from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. Piper Sandler dropped their price target on shares of Great Southern Bancorp from $62.00 to $58.00 and set a "neutral" rating for the company in a research note on Monday, April 21st. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Great Southern Bancorp from $61.00 to $63.00 and gave the stock a "market perform" rating in a report on Friday, July 18th.

Great Southern Bancorp Trading Up 0.9%

The stock has a market cap of $649.10 million, a price-to-earnings ratio of 9.76 and a beta of 0.58. The business's fifty day simple moving average is $58.51 and its 200 day simple moving average is $57.31. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.93 and a quick ratio of 0.93.

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

Great Southern Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Monday, June 30th. Great Southern Bancorp's payout ratio is currently 27.26%.

Hedge Funds Weigh In On Great Southern Bancorp

A number of hedge funds have recently added to or reduced their stakes in the business. Versant Capital Management Inc boosted its holdings in shares of Great Southern Bancorp by 81.6% during the first quarter. Versant Capital Management Inc now owns 483 shares of the financial services provider's stock valued at $27,000 after acquiring an additional 217 shares during the period. Tower Research Capital LLC TRC boosted its holdings in shares of Great Southern Bancorp by 146.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 597 shares of the financial services provider's stock valued at $36,000 after acquiring an additional 355 shares during the period. CWM LLC boosted its holdings in shares of Great Southern Bancorp by 150.4% during the second quarter. CWM LLC now owns 859 shares of the financial services provider's stock valued at $50,000 after acquiring an additional 516 shares during the period. ExodusPoint Capital Management LP acquired a new position in shares of Great Southern Bancorp during the fourth quarter valued at $256,000. Finally, Squarepoint Ops LLC boosted its holdings in shares of Great Southern Bancorp by 9.8% during the fourth quarter. Squarepoint Ops LLC now owns 4,620 shares of the financial services provider's stock valued at $276,000 after acquiring an additional 411 shares during the period. Institutional investors and hedge funds own 41.66% of the company's stock.

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.

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