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

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

Great Southern Bancorp Stock Performance

Shares of NASDAQ GSBC traded down $0.51 during mid-day trading on Wednesday, hitting $78.08. 51,225 shares of the company were exchanged, compared to its average volume of 88,549. The stock has a 50 day simple moving average of $78.88 and a 200-day simple moving average of $75.34. Great Southern Bancorp has a 1-year low of $53.76 and a 1-year high of $82.91. 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 firm has a market cap of $851.07 million, a price-to-earnings ratio of 12.97 and a beta of 0.50.

Great Southern Bancorp Announces Dividend

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

Analysts Set New Price Targets

GSBC has been the topic of a number of research reports. Weiss Ratings raised Great Southern Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Keefe, Bruyette & Woods boosted their price target on 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. Finally, Wall Street Zen raised Great Southern Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $74.00.

Insider Transactions at Great Southern Bancorp

In other Great Southern Bancorp news, Director Julie Brown sold 851 shares of the business’s stock in a transaction 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 directly 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 sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 29.75% 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. 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.