Stock analysts expect Great Southern Bancorp, Inc. (NASDAQ:GSBC – Get a rating) to report $51.34 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have made estimates of Great Southern Bancorp’s earnings, with the lowest estimate of sales standing at $50.98 million and the highest estimate at $51.70 million. Great Southern Bancorp reported sales of $53.83 million in the same quarter last year, which would indicate a negative growth rate of 4.6% year-over-year. The company is expected to announce its next quarterly results on Wednesday, April 20.
On average, analysts expect Great Southern Bancorp to report annual sales of $209.88 million for the current fiscal year, with estimates ranging from $207.76 million to $212.00 million. . For next year, analysts expect the company to post sales of $220.15 million, with estimates ranging from $217.10 to $223.20 million. Zacks sales calculations are an average average based on a survey of research analysts who cover Great Southern Bancorp.
Great Southern Bancorp (NASDAQ:GSBC – Get a rating) last announced its results on Monday, January 24. The financial services provider reported EPS of $1.14 for the quarter, missing analyst consensus estimates of $1.27 per ($0.13). Great Southern Bancorp had a net margin of 31.49% and a return on equity of 12.00%. In the same quarter a year earlier, the company earned earnings per share of $1.28.
A number of equity research analysts have recently commented on the stock. Piper Sandler cut shares of Great Southern Bancorp from an “overweight” rating to a “neutral” rating and set a target price of $63.00 for the company. in a report on Friday, January 7. Zacks Investment Research moved shares of Great Southern Bancorp from a “hold” rating to a “buy” rating and set a price target of $66.00 for the company in a Thursday, January 27, report. Ultimately, StockNews.com cut shares of Great Southern Bancorp from a “buy” rating to a “hold” rating in a Monday, February 21, report.
In other Great Southern Bancorp news, Director Julie A. Brown sold 4,750 shares of the company in a trade dated Thursday, February 10. The shares were sold at an average price of $60.39, for a total transaction of $286,852.50. The sale was disclosed in an SEC filing, which is available via this hyperlink. Also, director Earl A. Steinert, Jr. sold 1,000 shares of the company in a trade dated Thursday, January 27. The stock was sold at an average price of $58.94, for a total transaction of $58,940.00. Disclosure of this sale can be found here. Insiders have sold 6,363 shares of the company valued at $383,326 over the past three months. 24.27% of the shares are currently held by company insiders.
Institutional investors and hedge funds have recently changed their stakes in the company. Simmons Bank increased its stake in shares of Great Southern Bancorp by 290.2% during the third quarter. Simmons Bank now owns 171,441 shares of the financial services provider worth $9,397,000 after buying an additional 127,500 shares last quarter. Allspring Global Investments Holdings LLC purchased a new position in shares of Great Southern Bancorp during Q4 for a value of approximately $7,301,000. State Street Corp increased its stake in shares of Great Southern Bancorp by 31.4% during the 4th quarter. State Street Corp now owns 285,638 shares of the financial services provider worth $17,027,000 after buying an additional 68,201 shares last quarter. Wealthsource Partners LLC purchased a new stock position in Great Southern Bancorp during Q3 for a value of approximately $1,727,000. Finally, Morgan Stanley increased its stake in shares of Great Southern Bancorp by 199.6% during the 2nd quarter. Morgan Stanley now owns 36,709 shares of the financial services provider worth $1,979,000 after buying an additional 24,458 shares last quarter. Institutional investors hold 46.80% of the company’s shares.
NASDAQ:GSBC shares opened at $62.70 on Friday. The company has a 50-day simple moving average of $59.99 and a 200-day simple moving average of $57.36. Great Southern Bancorp has a one-year low of $49.53 and a one-year high of $62.70. The company has a debt ratio of 0.16, a quick ratio of 1.02 and a current ratio of 1.02. The stock has a market capitalization of $836.36 million, a price/earnings ratio of 11.50 and a beta of 0.86.
The company also recently declared a quarterly dividend, which was paid on Tuesday, January 11. Investors of record on Monday, December 27 received a dividend of $0.36 per share. The ex-dividend date was Thursday, December 23. This represents an annualized dividend of $1.44 and a yield of 2.30%. Great Southern Bancorp’s dividend payout ratio is currently 26.42%.
About Great Southern Bancorp (Get a rating)
Great Southern Bancorp, Inc is a bank holding company that provides financial services. It offers residential and commercial real estate loans, construction loans, commercial business loans and consumer loans. The company was founded in July 1989 and is based in Springfield, MO.
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