Great Southern Bancorp (NASDAQ:GSBC) Shares Pass Above 200-Day Moving Average – What’s Next?

Great Southern Bancorp, Inc. (NASDAQ:GSBC) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $61.56 and traded as high as $63.54. Great Southern Bancorp shares last traded at $62.78, with a volume of 71,815 shares.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on GSBC. Zacks Research raised Great Southern Bancorp from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 16th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Great Southern Bancorp in a research report on Monday, December 29th. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of Great Southern Bancorp from $61.00 to $63.00 and gave the stock a “market perform” rating in a report on Friday, January 23rd. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $60.50.

Great Southern Bancorp Stock Performance

The business has a fifty day moving average of $62.85 and a 200-day moving average of $61.56. The company has a market cap of $702.51 million, a PE ratio of 10.13 and a beta of 0.51. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.04.

Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $1.45 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.07. Great Southern Bancorp had a return on equity of 11.40% and a net margin of 20.70%.The firm had revenue of $56.35 million for the quarter, compared to analyst estimates of $55.03 million. Equities research analysts anticipate that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current fiscal year.

Great Southern Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 13th. Stockholders of record on Monday, December 29th were given a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Monday, December 29th. Great Southern Bancorp’s dividend payout ratio (DPR) is currently 27.74%.

Insider Activity at Great Southern Bancorp

In other Great Southern Bancorp news, Director William V. Turner sold 6,000 shares of Great Southern Bancorp stock in a transaction that occurred 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 sale, the director directly owned 199,112 shares of the company’s stock, valued at approximately $11,886,986.40. The trade was a 2.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Joseph W. Turner sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of $60.74, for a total value of $364,440.00. Following the transaction, the chief executive officer owned 137,382 shares in the company, valued at $8,344,582.68. This trade represents a 4.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 14,680 shares of company stock worth $885,376 over the last 90 days. 27.93% of the stock is owned by company insiders.

Institutional Investors Weigh In On Great Southern Bancorp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GSBC. State of Alaska Department of Revenue purchased a new position in Great Southern Bancorp during the third quarter valued at $27,000. Russell Investments Group Ltd. grew its position in shares of 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 worth $47,000 after buying an additional 716 shares during the period. CWM LLC increased its stake in shares of Great Southern Bancorp by 150.4% in the 2nd quarter. CWM LLC now owns 859 shares of the financial services provider’s stock worth $50,000 after acquiring an additional 516 shares in the last quarter. Sarver Vrooman Wealth Advisors purchased a new position in Great Southern Bancorp during the 4th quarter valued at about $77,000. Finally, Quadrant Capital Group LLC bought a new stake in Great Southern Bancorp during the third quarter worth about $128,000. 41.66% of the stock is owned by hedge funds and other institutional investors.

About Great Southern Bancorp

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.