Great Southern Bancorp, Inc. (GSBC) Receives Average Rating of “Hold” from Brokerages

Great Southern Bancorp, Inc. (NASDAQ:GSBC) has been given an average broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.

Brokerages have set a 1-year consensus price target of $60.00 for the company and are predicting that the company will post $1.13 EPS for the current quarter, according to Zacks. Zacks has also assigned Great Southern Bancorp an industry rank of 76 out of 256 based on the ratings given to related companies.

Several research firms have recently weighed in on GSBC. Zacks Investment Research upgraded Great Southern Bancorp from a “hold” rating to a “buy” rating and set a $63.00 target price for the company in a research report on Wednesday, April 24th. BidaskClub upgraded Great Southern Bancorp from a “sell” rating to a “hold” rating in a research note on Friday, April 19th.

In other news, VP Linton J. Thomason sold 2,500 shares of the firm’s stock in a transaction on Tuesday, April 23rd. The stock was sold at an average price of $57.42, for a total transaction of $143,550.00. Following the transaction, the vice president now owns 9,860 shares in the company, valued at $566,161.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Joseph W. Turner sold 6,000 shares of the firm’s stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $56.25, for a total value of $337,500.00. Following the transaction, the chief executive officer now owns 143,682 shares in the company, valued at approximately $8,082,112.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 14,230 shares of company stock worth $816,751. Insiders own 23.23% of the company’s stock.

Several institutional investors have recently made changes to their positions in the company. MetLife Investment Advisors LLC grew its stake in Great Southern Bancorp by 56.3% in the third quarter. MetLife Investment Advisors LLC now owns 7,802 shares of the financial services provider’s stock valued at $432,000 after purchasing an additional 2,811 shares during the last quarter. Vanguard Group Inc. grew its stake in Great Southern Bancorp by 0.9% in the third quarter. Vanguard Group Inc. now owns 514,457 shares of the financial services provider’s stock valued at $28,476,000 after purchasing an additional 4,615 shares during the last quarter. Vanguard Group Inc grew its stake in Great Southern Bancorp by 0.9% in the third quarter. Vanguard Group Inc now owns 514,457 shares of the financial services provider’s stock valued at $28,476,000 after purchasing an additional 4,615 shares during the last quarter. Bank of Montreal Can grew its stake in Great Southern Bancorp by 19.5% in the fourth quarter. Bank of Montreal Can now owns 22,252 shares of the financial services provider’s stock valued at $1,025,000 after purchasing an additional 3,638 shares during the last quarter. Finally, First Quadrant L P CA grew its stake in Great Southern Bancorp by 85.0% in the fourth quarter. First Quadrant L P CA now owns 3,553 shares of the financial services provider’s stock valued at $164,000 after purchasing an additional 1,632 shares during the last quarter. Hedge funds and other institutional investors own 44.64% of the company’s stock.

NASDAQ:GSBC opened at $56.56 on Friday. Great Southern Bancorp has a twelve month low of $43.30 and a twelve month high of $61.65. The firm has a market cap of $802.95 million, a PE ratio of 12.01 and a beta of 1.07. The company has a quick ratio of 1.03, a current ratio of 1.04 and a debt-to-equity ratio of 0.18.

Great Southern Bancorp (NASDAQ:GSBC) last released its earnings results on Wednesday, April 17th. The financial services provider reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.14. Great Southern Bancorp had a return on equity of 13.74% and a net margin of 28.15%. The business had revenue of $52.06 million during the quarter, compared to the consensus estimate of $50.30 million. On average, sell-side analysts anticipate that Great Southern Bancorp will post 4.57 earnings per share for the current 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 deposit, brokered certificates, and individual retirement accounts.

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