Great Southern Bancorp (NASDAQ:GSBC) Reaches New 52-Week High - Should You Buy?

Key Points

• Great Southern Bancorp shares hit a new 52-week high, trading as high as $83.00 and recently at $82.50, up 1.0%. The stock has a market capitalization of approximately $897.5 million and a P/E ratio of 14.38.
• Analyst sentiment is generally positive, with an average rating of “Buy” and an average price target of $74.00. Ratings included a Zacks upgrade to “strong buy,” though Wall Street Zen downgraded the stock to “sell.”
• The company reported quarterly EPS of $1.50, exceeding estimates of $1.39, while revenue also topped expectations. Great Southern Bancorp declared a quarterly dividend of $0.43, equivalent to a 2.1% annualized yield.

Great Southern Bancorp, Inc. (NASDAQ:GSBC - Get Free Report) shares reached a new 52-week high on Thursday. The stock traded as high as $83.00 and last traded at $82.50, with a volume of 4,262 shares traded. The stock had previously closed at $81.51.

Analyst Ratings Changes

GSBC has been the subject of several research analyst reports. Zacks Research upgraded Great Southern Bancorp from a "hold" rating to a "strong-buy" rating in a research report on Friday, October 23rd. Keefe, Bruyette & Woods increased their price target on shares of Great Southern Bancorp from $72.00 to $74.00 and gave the company a "market perform" rating in a research report on Friday, July 17th. Weiss Ratings upgraded Great Southern Bancorp from a "buy (b-)" rating to a "buy (b)" rating in a research note on Thursday, October 8th. Finally, Wall Street Zen lowered shares of Great Southern Bancorp from a "hold" rating to a "sell" rating in a research report on Sunday. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $74.00.

Great Southern Bancorp Trading Up 1.0%

The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.04. The company's fifty day moving average price is $78.84 and its two-hundred day moving average price is $71.91. The firm has a market cap of $897.50 million, a PE ratio of 14.38 and a beta of 0.50.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last announced its quarterly earnings data on Wednesday, October 21st. The financial services provider reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.11. Great Southern Bancorp had a net margin of 19.85% and a return on equity of 10.62%. The business had revenue of $57.74 million for the quarter, compared to analyst estimates of $56.08 million. As a group, sell-side analysts forecast that Great Southern Bancorp, Inc. will post 6.23 earnings per share for the current fiscal year.

Great Southern Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Investors of record on Monday, September 28th were issued a $0.43 dividend. The ex-dividend date of this dividend was Monday, September 28th. This represents a $1.72 dividend on an annualized basis and a yield of 2.1%. Great Southern Bancorp's dividend payout ratio is currently 30.02%.

Insider Transactions at Great Southern Bancorp

In other news, Director Julie Brown sold 851 shares of the business's stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $81.00, for a total value of $68,931.00. Following the completion of the sale, the director owned 7,052 shares of the company's stock, valued at approximately $571,212. The trade was a 10.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 29.75% of the stock is owned by corporate insiders.

Institutional Trading of Great Southern Bancorp

Several hedge funds have recently made changes to their positions in GSBC. Mirae Asset Global Investments Co. Ltd. bought a new position in Great Southern Bancorp during the 3rd quarter valued at $25,000. Nisa Investment Advisors LLC raised its stake in Great Southern Bancorp by 217.9% during the 3rd quarter. Nisa Investment Advisors LLC now owns 480 shares of the financial services provider's stock valued at $37,000 after purchasing an additional 329 shares during the period. Quantbot Technologies LP purchased a new position in Great Southern Bancorp during the 2nd quarter valued at about $71,000. Royal Bank of Canada increased its stake in shares of Great Southern Bancorp by 24.8% in the first quarter. Royal Bank of Canada now owns 1,309 shares of the financial services provider's stock worth $83,000 after acquiring an additional 260 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Great Southern Bancorp in the 2nd quarter valued at approximately $216,000. Institutional investors own 41.66% of the company's stock.

About Great Southern Bancorp

Great Southern Bancorp, Inc is the bank holding company for Great Southern Bank, a full-service financial institution headquartered in Springfield, Missouri. The company provides banking and financial services to individuals, families, businesses and institutions through a network of banking centers and other delivery channels.

Great Southern Bank offers deposit products, residential and commercial real estate lending, construction and development financing, commercial business loans, consumer loans and mortgage services.

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