Great Southern Bancorp (NASDAQ:GSBC) Posts Earnings Results, Beats Estimates By $0.11 EPS

Great Southern Bancorp (NASDAQ:GSBC) issued its quarterly earnings results on Wednesday. The financial services provider reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.39 by $0.11, Zacks reports. Great Southern Bancorp had a return on equity of 10.83% and a net margin of 20.72%.

Great Southern Bancorp Stock Down 0.6%

Shares of NASDAQ:GSBC traded down $0.51 during trading on Wednesday, reaching $78.08. 51,225 shares of the stock traded hands, compared to its average volume of 88,549. Great Southern Bancorp has a 52-week low of $53.76 and a 52-week high of $82.91. The stock has a 50-day moving average of $78.88 and a two-hundred day moving average of $75.34. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a market cap of $851.07 million, a P/E ratio of 12.97 and a beta of 0.50.

Great Southern Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Monday, September 28th were issued a dividend of $0.43 per share. The ex-dividend date was Monday, September 28th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.2%. Great Southern Bancorp’s dividend payout ratio is presently 28.57%.

Analyst Ratings Changes

GSBC has been the topic of a number of recent research reports. Keefe, Bruyette & Woods raised their target price on Great Southern Bancorp from $72.00 to $74.00 and gave the company a “market perform” rating in a report on Friday, July 17th. Wall Street Zen raised Great Southern Bancorp from a “sell” rating to a “hold” rating in a report on Saturday. Finally, Weiss Ratings upgraded Great Southern Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Great Southern Bancorp presently has a consensus rating of “Hold” and a consensus target price of $74.00.

Insider Activity at Great Southern Bancorp

In other news, Director Julie Brown sold 851 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $81.00, for a total value of $68,931.00. Following the transaction, the director owned 7,052 shares in the company, valued at $571,212. This represents a 10.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 29.75% of the stock is owned by insiders.

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. Through its banking subsidiary, the company provides deposit accounts, lending products and other financial services to individuals, families, businesses and commercial real estate customers.

Great Southern Bank offers checking and savings accounts, certificates of deposit, consumer loans, residential real estate loans, commercial and industrial financing, commercial real estate loans, construction loans and agricultural lending.