Keefe, Bruyette & Woods Issues Positive Forecast for Great Southern Bancorp (NASDAQ:GSBC) Stock Price

Great Southern Bancorp (NASDAQ:GSBC) had its target price lifted by Keefe, Bruyette & Woods from $63.00 to $65.00 in a report issued on Friday morning,Benzinga reports. They currently have a market perform rating on the financial services provider’s stock.

Separately, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Great Southern Bancorp in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Great Southern Bancorp presently has a consensus rating of “Hold” and a consensus target price of $61.50.

Great Southern Bancorp Trading Up 2.1%

Shares of NASDAQ:GSBC opened at $68.29 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.93 and a quick ratio of 0.93. The company’s 50-day moving average price is $63.55 and its two-hundred day moving average price is $61.79. The stock has a market capitalization of $748.46 million, a PE ratio of 10.82 and a beta of 0.46. Great Southern Bancorp has a one year low of $50.95 and a one year high of $70.91.

Great Southern Bancorp (NASDAQ:GSBC) last issued its earnings results on Wednesday, April 15th. The financial services provider reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.27 by $0.31. The company had revenue of $55.36 million for the quarter, compared to analysts’ expectations of $54.75 million. Great Southern Bancorp had a net margin of 21.33% and a return on equity of 11.31%. On average, equities analysts forecast that Great Southern Bancorp will post 5.24 EPS for the current fiscal year.

Great Southern Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Shareholders of record on Monday, March 30th were given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Monday, March 30th. Great Southern Bancorp’s payout ratio is 27.74%.

Insiders Place Their Bets

In other Great Southern Bancorp news, Director Thomas J. Carlson sold 2,000 shares of Great Southern Bancorp stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $59.89, for a total transaction of $119,780.00. Following the completion of the transaction, the director directly owned 100 shares of the company’s stock, valued at $5,989. The trade was a 95.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director William V. Turner sold 6,000 shares of Great Southern Bancorp stock in a transaction on Wednesday, January 28th. The stock was sold at an average price of $59.70, for a total transaction of $358,200.00. Following the transaction, the director directly owned 199,112 shares of the company’s stock, valued at approximately $11,886,986.40. This trade represents a 2.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 14,680 shares of company stock valued at $885,376 over the last ninety days. 29.75% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of GSBC. State of Alaska Department of Revenue bought a new position in Great Southern Bancorp in the 3rd quarter valued at about $27,000. Russell Investments Group Ltd. raised its holdings in Great Southern Bancorp by 1,301.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 771 shares of the financial services provider’s stock valued at $47,000 after acquiring an additional 716 shares during the period. Sarver Vrooman Wealth Advisors bought a new position in Great Southern Bancorp in the 4th quarter valued at about $77,000. Quadrant Capital Group LLC bought a new position in Great Southern Bancorp in the 3rd quarter valued at about $128,000. Finally, CWM LLC raised its holdings in Great Southern Bancorp by 224.7% in the 3rd quarter. CWM LLC now owns 2,789 shares of the financial services provider’s stock valued at $171,000 after acquiring an additional 1,930 shares during the period. 41.66% of the stock is owned by institutional investors.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc (NASDAQ: GSBC) is the bank holding company for Great Southern Bank, a full-service commercial bank headquartered in Springfield, Missouri. Through its subsidiary, the company provides a broad spectrum of financial products and services designed to meet the needs of individuals, small and mid-sized businesses, and professional clients across its regional footprint.

Great Southern Bank’s core business activities include deposit-taking, lending and treasury management.