Great Southern Bancorp (NASDAQ:GSBC) Sets New 12-Month High – Should You Buy?

Great Southern Bancorp, Inc. (NASDAQ:GSBC)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $68.02 and last traded at $66.56, with a volume of 18081 shares traded. The stock had previously closed at $58.59.

Wall Street Analyst Weigh In

Separately, Piper Sandler cut their target price on Great Southern Bancorp from $64.00 to $62.00 and set a “neutral” rating on the stock in a research report on Friday, October 18th.

Great Southern Bancorp Trading Up 14.2 %

The business’s 50 day simple moving average is $57.38 and its 200 day simple moving average is $55.94. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.92 and a quick ratio of 0.92. The company has a market capitalization of $781.63 million, a price-to-earnings ratio of 13.12 and a beta of 0.62.

Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.41 EPS for the quarter, beating the consensus estimate of $1.26 by $0.15. The firm had revenue of $90.79 million during the quarter, compared to the consensus estimate of $54.75 million. Great Southern Bancorp had a return on equity of 10.56% and a net margin of 17.21%. During the same period in the prior year, the business earned $1.33 EPS. Research analysts anticipate that Great Southern Bancorp, Inc. will post 5.3 EPS for the current year.

Great Southern Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a $0.40 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $1.60 annualized dividend and a yield of 2.39%. Great Southern Bancorp’s dividend payout ratio is currently 31.37%.

Insider Transactions at Great Southern Bancorp

In other news, Director William V. Turner sold 4,420 shares of the stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $56.14, for a total transaction of $248,138.80. Following the completion of the transaction, the director now directly owns 210,112 shares of the company’s stock, valued at approximately $11,795,687.68. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 27.73% of the company’s stock.

Hedge Funds Weigh In On Great Southern Bancorp

Hedge funds have recently bought and sold shares of the company. Gradient Investments LLC purchased a new position in shares of Great Southern Bancorp in the second quarter valued at $40,000. EntryPoint Capital LLC raised its position in Great Southern Bancorp by 130.5% during the first quarter. EntryPoint Capital LLC now owns 959 shares of the financial services provider’s stock worth $53,000 after acquiring an additional 543 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Great Southern Bancorp in the second quarter valued at approximately $159,000. Comerica Bank purchased a new position in shares of Great Southern Bancorp during the 1st quarter worth approximately $173,000. Finally, EMC Capital Management raised its position in shares of Great Southern Bancorp by 33.4% during the 1st quarter. EMC Capital Management now owns 4,484 shares of the financial services provider’s stock worth $246,000 after purchasing an additional 1,123 shares during the last quarter. 41.66% of the stock is owned by hedge funds and other 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.