Great Southern Bancorp (NASDAQ:GSBC) Posts Quarterly Earnings Results, Beats Estimates By $0.15 EPS

Great Southern Bancorp (NASDAQ:GSBC) announced its quarterly earnings results on Wednesday. The financial services provider reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.15, Zacks reports. Great Southern Bancorp had a return on equity of 10.62% and a net margin of 17.42%. The business had revenue of $90.79 million for the quarter, compared to analysts’ expectations of $54.75 million. During the same period in the prior year, the firm earned $1.33 EPS.

Great Southern Bancorp Price Performance

Shares of GSBC opened at $58.04 on Friday. Great Southern Bancorp has a one year low of $46.60 and a one year high of $65.90. The stock’s fifty day moving average is $57.18 and its 200-day moving average is $55.34. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.92 and a current ratio of 0.92. The firm has a market capitalization of $676.63 million, a price-to-earnings ratio of 11.40 and a beta of 0.62.

Great Southern Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date of this dividend was Monday, September 30th. Great Southern Bancorp’s dividend payout ratio (DPR) is 31.43%.

Insider Buying and Selling

In other Great Southern Bancorp news, Director William V. Turner sold 6,000 shares of the firm’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $63.19, for a total transaction of $379,140.00. Following the transaction, the director now owns 214,532 shares of the company’s stock, valued at approximately $13,556,277.08. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director William V. Turner sold 6,000 shares of Great Southern Bancorp stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $63.19, for a total transaction of $379,140.00. Following the transaction, the director now directly owns 214,532 shares in the company, valued at approximately $13,556,277.08. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director William V. Turner sold 4,420 shares of the business’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $56.14, for a total transaction of $248,138.80. Following the completion of the sale, the director now owns 210,112 shares in the company, valued at approximately $11,795,687.68. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 15,670 shares of company stock valued at $958,706 over the last 90 days. 27.60% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Piper Sandler increased their target price on Great Southern Bancorp from $53.00 to $64.00 and gave the stock a “neutral” rating in a research report on Thursday, July 18th.

Great Southern Bancorp Company Profile

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.