Great Southern Bancorp (GSBC) to Release Quarterly Earnings on Wednesday

Great Southern Bancorp (NASDAQ:GSBC) is scheduled to announce its earnings results after the market closes on Wednesday, April 17th. Analysts expect the company to announce earnings of $1.04 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Great Southern Bancorp (NASDAQ:GSBC) last posted its earnings results on Tuesday, January 23rd. The financial services provider reported $1.11 EPS for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.03). The firm had revenue of $83.05 million for the quarter. Great Southern Bancorp had a net margin of 20.74% and a return on equity of 12.30%. During the same period in the prior year, the company earned $1.84 EPS. On average, analysts expect Great Southern Bancorp to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Great Southern Bancorp Stock Down 0.7 %

NASDAQ GSBC opened at $50.57 on Tuesday. The company has a market capitalization of $593.19 million, a P/E ratio of 8.98 and a beta of 0.66. The stock has a 50 day moving average price of $51.74 and a 200-day moving average price of $52.82. Great Southern Bancorp has a one year low of $45.38 and a one year high of $61.94. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.94 and a current ratio of 0.94.

Great Southern Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 16th. Stockholders of record on Tuesday, April 2nd will be given a dividend of $0.40 per share. The ex-dividend date is Monday, April 1st. This represents a $1.60 annualized dividend and a dividend yield of 3.16%. Great Southern Bancorp’s dividend payout ratio (DPR) is 28.42%.

Insiders Place Their Bets

In related news, Director Thomas J. Carlson sold 5,000 shares of Great Southern Bancorp stock in a transaction that occurred on Thursday, January 25th. The stock was sold at an average price of $54.23, for a total value of $271,150.00. Following the sale, the director now directly owns 100 shares in the company, valued at $5,423. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 27.73% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Great Southern Bancorp

A number of institutional investors have recently made changes to their positions in the stock. Cubist Systematic Strategies LLC acquired a new stake in Great Southern Bancorp during the second quarter worth about $199,000. BNP Paribas Arbitrage SNC boosted its position in shares of Great Southern Bancorp by 8.4% in the third quarter. BNP Paribas Arbitrage SNC now owns 3,381 shares of the financial services provider’s stock worth $193,000 after buying an additional 261 shares during the period. BNP Paribas Arbitrage SA boosted its position in shares of Great Southern Bancorp by 6.6% in the second quarter. BNP Paribas Arbitrage SA now owns 3,120 shares of the financial services provider’s stock worth $183,000 after buying an additional 192 shares during the period. Ensign Peak Advisors Inc boosted its position in shares of Great Southern Bancorp by 33.3% in the first quarter. Ensign Peak Advisors Inc now owns 3,600 shares of the financial services provider’s stock worth $182,000 after buying an additional 900 shares during the period. Finally, Tower Research Capital LLC TRC boosted its position in shares of Great Southern Bancorp by 1,661.1% in the third quarter. Tower Research Capital LLC TRC now owns 3,716 shares of the financial services provider’s stock worth $178,000 after buying an additional 3,505 shares during the period. 41.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on GSBC. Keefe, Bruyette & Woods cut their target price on Great Southern Bancorp from $59.00 to $58.00 and set a “market perform” rating on the stock in a research note on Thursday, January 25th. Piper Sandler lowered their price target on Great Southern Bancorp from $58.00 to $57.00 and set a “neutral” rating for the company in a report on Wednesday, January 24th.

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.