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

Great Southern Bancorp (NASDAQ:GSBC) posted its quarterly earnings data on Wednesday. The financial services provider reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.11, Zacks reports. Great Southern Bancorp had a return on equity of 10.62% and a net margin of 19.85%. The company had revenue of $57.74 million during the quarter, compared to analyst estimates of $56.08 million.

Great Southern Bancorp Price Performance

GSBC opened at $78.93 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $860.34 million, a P/E ratio of 13.11 and a beta of 0.50. The stock has a 50-day moving average price of $78.78 and a 200-day moving average price of $75.55. Great Southern Bancorp has a 12-month low of $53.76 and a 12-month high of $82.91.

Great Southern Bancorp Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on GSBC shares. Weiss Ratings upgraded Great Southern Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Wall Street Zen raised shares of Great Southern Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, October 17th. Finally, Keefe, Bruyette & Woods lifted their target price 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. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $74.00.

Insider Buying and Selling at Great Southern Bancorp

In related news, Director Julie Brown sold 851 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was 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 in the company, valued at $571,212. The trade was a 10.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available 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. 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.