Brokerages Set $58.00 Target Price for Great Southern Bancorp, Inc. (GSBC)

Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) have received a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation.

Analysts have set a 12-month consensus price target of $58.00 for the company and are anticipating that the company will post $1.10 EPS for the current quarter, according to Zacks. Zacks has also assigned Great Southern Bancorp an industry rank of 106 out of 257 based on the ratings given to related companies.

Several analysts have commented on the stock. BidaskClub cut shares of Great Southern Bancorp from a “buy” rating to a “hold” rating in a research note on Tuesday, July 31st. Zacks Investment Research upgraded shares of Great Southern Bancorp from a “hold” rating to a “strong-buy” rating and set a $61.00 price target on the stock in a research note on Monday, October 22nd. Finally, ValuEngine downgraded shares of Great Southern Bancorp from a “hold” rating to a “sell” rating in a report on Thursday, October 18th.

Several institutional investors have recently bought and sold shares of the company. Panagora Asset Management Inc. increased its holdings in shares of Great Southern Bancorp by 50.6% in the 3rd quarter. Panagora Asset Management Inc. now owns 2,865 shares of the financial services provider’s stock worth $159,000 after buying an additional 963 shares during the last quarter. LSV Asset Management increased its holdings in shares of Great Southern Bancorp by 0.5% in the 3rd quarter. LSV Asset Management now owns 186,942 shares of the financial services provider’s stock worth $10,347,000 after buying an additional 1,000 shares during the last quarter. Acadian Asset Management LLC increased its holdings in shares of Great Southern Bancorp by 55.5% in the 3rd quarter. Acadian Asset Management LLC now owns 3,034 shares of the financial services provider’s stock worth $168,000 after buying an additional 1,083 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Great Southern Bancorp by 1.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 115,211 shares of the financial services provider’s stock worth $6,590,000 after buying an additional 1,315 shares during the last quarter. Finally, Mutual of America Capital Management LLC increased its holdings in shares of Great Southern Bancorp by 2.2% in the 3rd quarter. Mutual of America Capital Management LLC now owns 67,782 shares of the financial services provider’s stock worth $3,752,000 after buying an additional 1,472 shares during the last quarter. Hedge funds and other institutional investors own 43.13% of the company’s stock.

GSBC stock traded down $0.33 during mid-day trading on Friday, hitting $53.57. The company had a trading volume of 8,150 shares, compared to its average volume of 20,236. The stock has a market cap of $758.44 million, a P/E ratio of 14.56 and a beta of 0.88. Great Southern Bancorp has a 12-month low of $48.10 and a 12-month high of $61.65. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.67.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings results on Wednesday, October 17th. The financial services provider reported $1.57 EPS for the quarter, topping the consensus estimate of $1.06 by $0.51. The business had revenue of $57.59 million for the quarter, compared to analysts’ expectations of $49.00 million. Great Southern Bancorp had a net margin of 26.65% and a return on equity of 12.81%. On average, analysts anticipate that Great Southern Bancorp will post 4.58 EPS for the current fiscal year.

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.

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