Great Southern Bancorp (NASDAQ:GSBC) Releases Quarterly Earnings Results, Beats Estimates By $0.11 EPS

Great Southern Bancorp (NASDAQ:GSBC) announced its quarterly earnings results on Wednesday. The financial services provider reported $1.50 earnings per share 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%. The business had revenue of $53.68 million for the quarter, compared to the consensus estimate of $56.08 million.

Great Southern Bancorp Price Performance

NASDAQ GSBC opened at $78.08 on Thursday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a market cap of $850.92 million, a price-to-earnings ratio of 12.97 and a beta of 0.50. The business has a 50 day simple moving average of $78.83 and a 200 day simple moving average of $75.44. Great Southern Bancorp has a 52-week low of $53.76 and a 52-week high of $82.91.

Great Southern Bancorp Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Keefe, Bruyette & Woods lifted their price target on shares of Great Southern Bancorp from $72.00 to $74.00 and gave the stock a “market perform” rating in a research report on Friday, July 17th. Weiss Ratings raised shares of Great Southern Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Finally, Wall Street Zen upgraded shares of Great Southern Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, October 17th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Great Southern Bancorp presently has a consensus rating of “Hold” and an average target price of $74.00.

Insider Activity

In other news, Director Julie Brown sold 851 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $81.00, for a total transaction of $68,931.00. Following the completion of the sale, the director owned 7,052 shares of the company’s stock, valued at $571,212. This represents a 10.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 29.75% of the stock is owned by corporate insiders.

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.