$46.39 Million in Sales Expected for Great Southern Bancorp, Inc. (GSBC) This Quarter
Equities analysts expect Great Southern Bancorp, Inc. (NASDAQ:GSBC) to announce $46.39 million in sales for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Great Southern Bancorp’s earnings, with estimates ranging from $45.48 million to $47.3 million. Great Southern Bancorp posted sales of $49.58 million during the same quarter last year, which would indicate a negative year-over-year growth rate of 6.4%. The business is scheduled to issue its next earnings results on Wednesday, July 19th.
On average, analysts expect that Great Southern Bancorp will report full year sales of $46.39 million for the current financial year, with estimates ranging from $184.25 million to $190.9 million. For the next fiscal year, analysts forecast that the firm will post sales of $199.88 million per share, with estimates ranging from $195.76 million to $204 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that cover Great Southern Bancorp.
Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings results on Wednesday, April 19th. The financial services provider reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.05. Great Southern Bancorp had a net margin of 21.22% and a return on equity of 10.96%. The firm had revenue of $46.40 million for the quarter, compared to analysts’ expectations of $46.74 million.
Several research firms have weighed in on GSBC. Zacks Investment Research lowered Great Southern Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, March 28th. Keefe, Bruyette & Woods reaffirmed a “neutral” rating on shares of Great Southern Bancorp in a research note on Thursday, April 20th.
Great Southern Bancorp (NASDAQ:GSBC) traded down 0.70% during midday trading on Friday, reaching $49.50. 11,340 shares of the company were exchanged. The company has a market capitalization of $694.63 million, a price-to-earnings ratio of 14.91 and a beta of 1.10. Great Southern Bancorp has a 52-week low of $34.48 and a 52-week high of $56.70. The company has a 50 day moving average of $50.07 and a 200-day moving average of $50.76.
In other Great Southern Bancorp news, VP Linton J. Thomason sold 1,900 shares of the firm’s stock in a transaction that occurred on Tuesday, April 25th. The stock was sold at an average price of $52.27, for a total transaction of $99,313.00. Following the completion of the sale, the vice president now owns 9,027 shares in the company, valued at approximately $471,841.29. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director William V. Turner sold 3,300 shares of the firm’s stock in a transaction that occurred on Monday, February 27th. The shares were sold at an average price of $51.13, for a total value of $168,729.00. Following the sale, the director now owns 182,153 shares of the company’s stock, valued at approximately $9,313,482.89. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 18,025 shares of company stock worth $942,598. Company insiders own 24.15% of the company’s stock.
Large investors have recently modified their holdings of the stock. Strs Ohio raised its position in shares of Great Southern Bancorp by 2.1% in the first quarter. Strs Ohio now owns 14,300 shares of the financial services provider’s stock valued at $722,000 after buying an additional 300 shares during the last quarter. Bank of Montreal Can raised its position in Great Southern Bancorp by 2.7% in the first quarter. Bank of Montreal Can now owns 17,772 shares of the financial services provider’s stock worth $898,000 after buying an additional 459 shares in the last quarter. Highbridge Capital Management LLC raised its position in Great Southern Bancorp by 94.4% in the fourth quarter. Highbridge Capital Management LLC now owns 9,904 shares of the financial services provider’s stock worth $541,000 after buying an additional 4,809 shares in the last quarter. Summit Global Investments bought a new position in Great Southern Bancorp during the fourth quarter worth about $443,000. Finally, AQR Capital Management LLC raised its position in Great Southern Bancorp by 19.7% in the fourth quarter. AQR Capital Management LLC now owns 51,902 shares of the financial services provider’s stock worth $2,837,000 after buying an additional 8,532 shares in the last quarter. Hedge funds and other institutional investors own 36.42% 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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