Shares of Great Southern Bancorp Inc. (NASDAQ:GSBC) have received a consensus broker rating score of 3.00 (Hold) from the two brokers that cover the company, Zacks Investment Research reports. Two research analysts have rated the stock with a hold rating. Great Southern Bancorp’s rating score has declined by 50% in the last three months as a result of a number of analysts’ upgrades and downgrades.
Brokerages have set a twelve-month consensus target price of $47.50 for the company and are predicting that the company will post $0.75 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Great Southern Bancorp an industry rank of 41 out of 265 based on the ratings given to its competitors.
Several equities research analysts have commented on GSBC shares. Zacks Investment Research downgraded Great Southern Bancorp from a “hold” rating to a “sell” rating in a report on Monday, October 24th. FIG Partners downgraded Great Southern Bancorp from an “outperform” rating to a “market perform” rating in a report on Thursday, September 8th.
In other news, insider Rex A. Copeland sold 4,200 shares of the company’s stock in a transaction on Tuesday, November 22nd. The stock was sold at an average price of $50.05, for a total transaction of $210,210.00. Following the transaction, the insider now directly owns 24,698 shares of the company’s stock, valued at $1,236,134.90. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director William V. Turner sold 1,799 shares of the company’s stock in a transaction on Monday, October 24th. The shares were sold at an average price of $41.28, for a total value of $74,262.72. Following the transaction, the director now directly owns 185,554 shares in the company, valued at $7,659,669.12. The disclosure for this sale can be found here. 24.15% of the stock is owned by company insiders.
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Jacobs Levy Equity Management Inc. acquired a new position in shares of Great Southern Bancorp during the first quarter worth about $316,000. Oak Associates Ltd. OH increased its position in shares of Great Southern Bancorp by 0.9% in the first quarter. Oak Associates Ltd. OH now owns 60,460 shares of the financial services provider’s stock worth $2,245,000 after buying an additional 530 shares during the last quarter. Adams Diversified Equity Fund Inc. acquired a new position in shares of Great Southern Bancorp during the second quarter worth about $285,000. Bank of Montreal Can acquired a new position in shares of Great Southern Bancorp during the second quarter worth about $618,000. Finally, Smith Asset Management Group LP increased its position in shares of Great Southern Bancorp by 62.7% in the second quarter. Smith Asset Management Group LP now owns 9,862 shares of the financial services provider’s stock worth $365,000 after buying an additional 3,800 shares during the last quarter. 35.05% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Great Southern Bancorp (NASDAQ:GSBC) opened at 50.90 on Friday. Great Southern Bancorp has a one year low of $34.48 and a one year high of $51.69. The stock has a market cap of $708.88 million, a price-to-earnings ratio of 15.86 and a beta of 0.99. The company has a 50-day moving average price of $43.84 and a 200 day moving average price of $40.62.
Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings results on Wednesday, October 19th. The financial services provider reported $0.80 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.81 by $0.01. Great Southern Bancorp had a return on equity of 11.03% and a net margin of 21.60%. Equities research analysts expect that Great Southern Bancorp will post $3.16 earnings per share for the current year.
About Great Southern Bancorp
Great Southern Bancorp, Inc is a bank holding company. The Company is a financial holding and parent company 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 offers banking services through its approximately 108 banking centers located in southern and central Missouri; the Kansas City, Missouri area; the St.