Zacks: Great Southern Bancorp, Inc. (GSBC) Given Average Rating of “Hold” by Brokerages

Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) have been assigned a consensus broker rating score of 3.00 (Hold) from the two brokers that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a hold rating.

Analysts have set a one year consensus target price of $55.00 for the company and are predicting that the company will post $0.92 earnings per share for the current quarter, according to Zacks. Zacks has also given Great Southern Bancorp an industry rank of 156 out of 255 based on the ratings given to related companies.

GSBC has been the topic of a number of recent research reports. Sandler O’Neill reaffirmed a “hold” rating and issued a $54.00 target price on shares of Great Southern Bancorp in a report on Tuesday, March 27th. ValuEngine cut Great Southern Bancorp from a “buy” rating to a “hold” rating in a report on Monday, April 2nd. Zacks Investment Research cut Great Southern Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, February 27th. Finally, BidaskClub raised Great Southern Bancorp from a “hold” rating to a “buy” rating in a report on Friday, April 6th.

Great Southern Bancorp stock traded down $0.10 during trading on Monday, reaching $57.70. The company had a trading volume of 500 shares, compared to its average volume of 28,658. Great Southern Bancorp has a 52 week low of $47.50 and a 52 week high of $59.75. The stock has a market cap of $822.50 million, a P/E ratio of 15.68 and a beta of 1.00. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.08 and a current ratio of 1.08.

Great Southern Bancorp (NASDAQ:GSBC) last announced its earnings results on Wednesday, April 18th. The financial services provider reported $0.95 EPS for the quarter, topping the Zacks’ consensus estimate of $0.89 by $0.06. Great Southern Bancorp had a return on equity of 11.55% and a net margin of 24.07%. The company had revenue of $46.37 million for the quarter, compared to analysts’ expectations of $46.30 million. analysts predict that Great Southern Bancorp will post 3.82 EPS for the current year.

In other Great Southern Bancorp news, Treasurer Rex A. Copeland sold 676 shares of the firm’s stock in a transaction dated Friday, April 27th. The stock was sold at an average price of $54.00, for a total transaction of $36,504.00. Following the sale, the treasurer now directly owns 23,754 shares of the company’s stock, valued at $1,282,716. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Douglas W. Marrs sold 906 shares of the firm’s stock in a transaction dated Tuesday, May 22nd. The shares were sold at an average price of $58.23, for a total value of $52,756.38. Following the sale, the insider now directly owns 1,000 shares in the company, valued at $58,230. The disclosure for this sale can be found here. Over the last three months, insiders have sold 8,480 shares of company stock worth $455,883. Insiders own 23.00% of the company’s stock.

A number of large investors have recently bought and sold shares of the business. Bank of Montreal Can raised its holdings in Great Southern Bancorp by 8.7% during the fourth quarter. Bank of Montreal Can now owns 15,214 shares of the financial services provider’s stock valued at $786,000 after acquiring an additional 1,221 shares during the period. Barclays PLC raised its holdings in Great Southern Bancorp by 79.5% during the first quarter. Barclays PLC now owns 3,091 shares of the financial services provider’s stock valued at $155,000 after acquiring an additional 1,369 shares during the period. Cornercap Investment Counsel Inc. raised its holdings in Great Southern Bancorp by 10.9% during the first quarter. Cornercap Investment Counsel Inc. now owns 14,570 shares of the financial services provider’s stock valued at $728,000 after acquiring an additional 1,432 shares during the period. The Manufacturers Life Insurance Company raised its holdings in Great Southern Bancorp by 0.9% during the first quarter. The Manufacturers Life Insurance Company now owns 187,871 shares of the financial services provider’s stock valued at $9,385,000 after acquiring an additional 1,747 shares during the period. Finally, Aperio Group LLC raised its holdings in Great Southern Bancorp by 60.4% during the fourth quarter. Aperio Group LLC now owns 5,776 shares of the financial services provider’s stock valued at $298,000 after acquiring an additional 2,176 shares during the period. 41.58% of the stock is currently owned by institutional investors and hedge funds.

About Great Southern Bancorp

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that offers 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 deposits, brokered certificates, and individual retirement accounts.

Get a free copy of the Zacks research report on Great Southern Bancorp (GSBC)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Great Southern Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Southern Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply