Great Southern Bancorp (NASDAQ:GSBC) Stock Price Crosses Above 200 Day Moving Average of $52.71

Great Southern Bancorp, Inc. (NASDAQ:GSBCGet Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $52.71 and traded as high as $53.02. Great Southern Bancorp shares last traded at $52.05, with a volume of 33,619 shares trading hands.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Piper Sandler cut their price target on Great Southern Bancorp from $58.00 to $57.00 and set a “neutral” rating on the stock in a report on Wednesday, January 24th. Keefe, Bruyette & Woods decreased their target price on Great Southern Bancorp from $59.00 to $58.00 and set a “market perform” rating for the company in a research report on Thursday, January 25th.

Read Our Latest Stock Analysis on GSBC

Great Southern Bancorp Stock Up 2.2 %

The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.94 and a current ratio of 0.94. The firm has a fifty day moving average price of $56.29 and a 200 day moving average price of $52.71. The firm has a market capitalization of $614.19 million, a price-to-earnings ratio of 9.25 and a beta of 0.67.

Great Southern Bancorp (NASDAQ:GSBCGet Free Report) last released its quarterly earnings data on Tuesday, January 23rd. The financial services provider reported $1.11 earnings per share for the quarter, missing the consensus estimate of $1.14 by ($0.03). Great Southern Bancorp had a net margin of 20.74% and a return on equity of 12.45%. The firm had revenue of $83.05 million during the quarter. During the same period in the prior year, the firm earned $1.84 earnings per share. As a group, sell-side analysts expect that Great Southern Bancorp, Inc. will post 4.57 EPS for the current fiscal year.

Great Southern Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 17th. Shareholders of record on Tuesday, January 2nd were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.07%. The ex-dividend date was Friday, December 29th. Great Southern Bancorp’s payout ratio is 28.42%.

Insiders Place Their Bets

In other news, Director Thomas J. Carlson sold 5,000 shares of the firm’s stock in a transaction on Thursday, January 25th. The stock was sold at an average price of $54.23, for a total transaction of $271,150.00. Following the sale, the director now owns 100 shares in the company, valued at $5,423. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 27.60% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Great Southern Bancorp

Several hedge funds have recently made changes to their positions in GSBC. Lazard Asset Management LLC acquired a new position in shares of Great Southern Bancorp during the second quarter worth about $31,000. Royal Bank of Canada increased its holdings in Great Southern Bancorp by 82.0% in the second quarter. Royal Bank of Canada now owns 950 shares of the financial services provider’s stock valued at $48,000 after buying an additional 428 shares during the last quarter. Missouri Trust & Investment Co bought a new position in shares of Great Southern Bancorp during the second quarter valued at approximately $51,000. Advisor Group Holdings Inc. grew its holdings in shares of Great Southern Bancorp by 27.0% during the fourth quarter. Advisor Group Holdings Inc. now owns 861 shares of the financial services provider’s stock valued at $51,000 after purchasing an additional 183 shares during the last quarter. Finally, Citigroup Inc. grew its holdings in shares of Great Southern Bancorp by 84.2% during the first quarter. Citigroup Inc. now owns 1,059 shares of the financial services provider’s stock valued at $54,000 after purchasing an additional 484 shares during the last quarter. Institutional investors and hedge funds own 41.03% of the company’s stock.

About Great Southern Bancorp

(Get Free Report)

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that provides 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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