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

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) had its target price upped by analysts at Keefe, Bruyette & Woods from $61.00 to $63.00 in a report issued on Friday,Benzinga reports. The firm presently has a "market perform" rating on the financial services provider's stock. Keefe, Bruyette & Woods' target price would indicate a potential upside of 4.27% from the stock's previous close.

GSBC has been the topic of a number of other research reports. Piper Sandler dropped their price target on Great Southern Bancorp from $62.00 to $58.00 and set a "neutral" rating on the stock in a research note on Monday, April 21st. Wall Street Zen upgraded Great Southern Bancorp from a "sell" rating to a "hold" rating in a research note on Friday, June 27th.

Great Southern Bancorp Stock Down 0.1%

GSBC traded down $0.09 on Friday, hitting $60.42. The company had a trading volume of 64,207 shares, compared to its average volume of 37,239. The stock has a fifty day moving average price of $58.30 and a 200-day moving average price of $57.45. Great Southern Bancorp has a 12-month low of $47.57 and a 12-month high of $68.02. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.94 and a current ratio of 0.94. The stock has a market capitalization of $693.02 million, a price-to-earnings ratio of 10.31 and a beta of 0.53.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last posted its earnings results on Wednesday, July 16th. The financial services provider reported $1.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.37 by $0.35. Great Southern Bancorp had a return on equity of 11.24% and a net margin of 19.18%. The company had revenue of $59.18 million for the quarter, compared to analyst estimates of $55.61 million. Analysts predict that Great Southern Bancorp will post 5.24 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of GSBC. Versant Capital Management Inc lifted its holdings in Great Southern Bancorp by 81.6% in 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 lifted its holdings in Great Southern Bancorp by 146.7% in 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. ExodusPoint Capital Management LP acquired a new position in Great Southern Bancorp in the fourth quarter valued at approximately $256,000. Squarepoint Ops LLC lifted its holdings in Great Southern Bancorp by 9.8% in 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. Finally, Rafferty Asset Management LLC lifted its holdings in Great Southern Bancorp by 24.6% in the first quarter. Rafferty Asset Management LLC now owns 4,987 shares of the financial services provider's stock valued at $276,000 after acquiring an additional 984 shares during the period. 41.66% of the stock is owned by institutional investors and hedge funds.

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.