Great Southern Bancorp, Inc. Forecasted to Earn Q3 2017 Earnings of $0.80 Per Share (GSBC)

Great Southern Bancorp, Inc. (NASDAQ:GSBC) – DA Davidson increased their Q3 2017 EPS estimates for shares of Great Southern Bancorp in a report released on Tuesday. DA Davidson analyst J. Rulis now forecasts that the financial services provider will post earnings per share of $0.80 for the quarter, up from their previous forecast of $0.78. DA Davidson also issued estimates for Great Southern Bancorp’s Q4 2017 earnings at $0.80 EPS and FY2018 earnings at $3.40 EPS.

Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings data on Wednesday, April 19th. The financial services provider reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.05. The firm had revenue of $46.40 million for the quarter, compared to the consensus estimate of $46.74 million. Great Southern Bancorp had a net margin of 21.78% and a return on equity of 11.04%. COPYRIGHT VIOLATION NOTICE: This report was posted by WKRB News and is the sole property of of WKRB News. If you are accessing this report on another website, it was illegally stolen and republished in violation of international copyright laws. The correct version of this report can be read at https://www.wkrb13.com/markets/2229485/great-southern-bancorp-inc-forecasted-to-earn-q3-2017-earnings-of-0-80-per-share-gsbc.html.

Earnings History and Estimates for Great Southern Bancorp (NASDAQ:GSBC)

Several other equities analysts have also recently issued reports on the stock. Zacks Investment Research cut shares of Great Southern Bancorp from a “hold” rating to a “sell” rating in a research note on Tuesday, April 25th. Keefe, Bruyette & Woods reaffirmed a “neutral” rating on shares of Great Southern Bancorp in a research note on Thursday, April 20th.

Shares of Great Southern Bancorp (GSBC) opened at 53.45 on Thursday. The stock has a market cap of $750.06 million, a P/E ratio of 16.10 and a beta of 1.20. The company’s 50-day moving average is $50.71 and its 200-day moving average is $51.13. Great Southern Bancorp has a 12-month low of $34.48 and a 12-month high of $56.70.

In other Great Southern Bancorp news, VP Douglas W. Marrs sold 625 shares of the firm’s stock in a transaction dated Wednesday, April 26th. The shares were sold at an average price of $52.89, for a total value of $33,056.25. Following the completion of the transaction, the vice president now directly owns 2,582 shares in the company, valued at $136,561.98. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director William V. Turner sold 1,700 shares of the firm’s stock in a transaction dated Wednesday, April 26th. The stock was sold at an average price of $53.15, for a total transaction of $90,355.00. Following the completion of the transaction, the director now owns 180,553 shares of the company’s stock, valued at $9,596,391.95. The disclosure for this sale can be found here. Insiders sold a total of 14,725 shares of company stock worth $773,869 in the last ninety days. Corporate insiders own 23.78% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. boosted its position in shares of Great Southern Bancorp by 1.5% in the first quarter. Goldman Sachs Group Inc. now owns 16,835 shares of the financial services provider’s stock valued at $851,000 after buying an additional 241 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Great Southern Bancorp by 23.1% in the first quarter. AQR Capital Management LLC now owns 63,916 shares of the financial services provider’s stock valued at $3,228,000 after buying an additional 12,014 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Great Southern Bancorp by 4.9% in the first quarter. Bank of America Corp DE now owns 3,254 shares of the financial services provider’s stock valued at $164,000 after buying an additional 152 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its position in shares of Great Southern Bancorp by 4.8% in the first quarter. Schwab Charles Investment Management Inc. now owns 48,218 shares of the financial services provider’s stock valued at $2,436,000 after buying an additional 2,217 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Great Southern Bancorp by 3.2% in the first quarter. Dimensional Fund Advisors LP now owns 601,801 shares of the financial services provider’s stock valued at $30,391,000 after buying an additional 18,838 shares during the last quarter. Institutional investors own 39.70% of the company’s stock.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc is a bank holding company, a financial holding company and the parent of Great Southern Bank (the Bank). Through the Bank and subsidiaries of the Bank, the Company offers insurance, travel, investment and related services. The Bank makes long-term, fixed-rate residential real estate loans.

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