Keefe, Bruyette & Woods Increases Great Southern Bancorp (NASDAQ:GSBC) Price Target to $63.00

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) had its price objective hoisted by equities research analysts at Keefe, Bruyette & Woods from $61.00 to $63.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has a "market perform" rating on the financial services provider's stock. Keefe, Bruyette & Woods' price target suggests a potential upside of 4.12% from the stock's previous close.

Several other equities analysts also recently weighed in on the company. Piper Sandler dropped their price target on Great Southern Bancorp from $62.00 to $58.00 and set a "neutral" rating for the company in a research report on Monday, April 21st. Wall Street Zen upgraded Great Southern Bancorp from a "sell" rating to a "hold" rating in a research report on Friday, June 27th.

Great Southern Bancorp Stock Performance

NASDAQ:GSBC traded down $1.66 during midday trading on Friday, reaching $60.51. The stock had a trading volume of 78,974 shares, compared to its average volume of 37,121. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.16. The stock has a market cap of $694.05 million, a P/E ratio of 10.31 and a beta of 0.53. The firm has a fifty day simple moving average of $58.30 and a two-hundred day simple moving average of $57.47. Great Southern Bancorp has a 12-month low of $47.57 and a 12-month high of $68.02.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last posted its quarterly earnings results on Wednesday, July 16th. The financial services provider reported $1.72 EPS for the quarter, beating the consensus estimate of $1.37 by $0.35. The business had revenue of $59.18 million during the quarter, compared to analysts' expectations of $55.61 million. Great Southern Bancorp had a return on equity of 11.24% and a net margin of 19.18%. On average, equities analysts expect that Great Southern Bancorp will post 5.24 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Versant Capital Management Inc increased its holdings in shares of Great Southern Bancorp by 81.6% in the 1st quarter. Versant Capital Management Inc now owns 483 shares of the financial services provider's stock worth $27,000 after acquiring an additional 217 shares during the period. Tower Research Capital LLC TRC grew its holdings in Great Southern Bancorp by 146.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 597 shares of the financial services provider's stock worth $36,000 after buying an additional 355 shares in the last quarter. ExodusPoint Capital Management LP acquired a new stake in Great Southern Bancorp in the 4th quarter valued at approximately $256,000. Squarepoint Ops LLC boosted its position in Great Southern Bancorp by 9.8% during the 4th quarter. Squarepoint Ops LLC now owns 4,620 shares of the financial services provider's stock worth $276,000 after acquiring an additional 411 shares during the period. Finally, Virtu Financial LLC grew its stake in shares of Great Southern Bancorp by 20.3% in the fourth quarter. Virtu Financial LLC now owns 4,637 shares of the financial services provider's stock worth $277,000 after purchasing an additional 782 shares in the last quarter. 41.66% of the stock is currently owned by institutional investors.

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.