Wall Street brokerages forecast that Great Southern Bancorp, Inc. (NASDAQ:GSBC) will announce $45.39 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Great Southern Bancorp’s earnings, with the lowest sales estimate coming in at $44.47 million and the highest estimate coming in at $46.30 million. Great Southern Bancorp posted sales of $48.12 million during the same quarter last year, which indicates a negative year-over-year growth rate of 5.7%. The company is scheduled to issue its next quarterly earnings report on Wednesday, October 18th.

On average, analysts expect that Great Southern Bancorp will report full year sales of $45.39 million for the current year, with estimates ranging from $185.60 million to $189.35 million. For the next year, analysts forecast that the business will post sales of $192.23 million per share, with estimates ranging from $189.87 million to $194.60 million. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that follow Great Southern Bancorp.

Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings results on Wednesday, July 19th. The financial services provider reported $1.14 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.77 by $0.37. The company had revenue of $53.70 million for the quarter, compared to analysts’ expectations of $49.78 million. Great Southern Bancorp had a return on equity of 11.78% and a net margin of 22.84%.

A number of equities analysts recently weighed in on GSBC shares. Keefe, Bruyette & Woods reissued a “neutral” rating on shares of Great Southern Bancorp in a report on Thursday, April 20th. Zacks Investment Research raised Great Southern Bancorp from a “hold” rating to a “buy” rating and set a $59.00 price objective on the stock in a report on Wednesday, June 21st. Finally, BidaskClub cut Great Southern Bancorp from a “hold” rating to a “sell” rating in a report on Friday, July 28th.

In other Great Southern Bancorp news, Director William V. Turner sold 5,000 shares of Great Southern Bancorp stock in a transaction that occurred on Monday, July 24th. The stock was sold at an average price of $52.73, for a total value of $263,650.00. Following the transaction, the director now directly owns 173,853 shares of the company’s stock, valued at approximately $9,167,268.69. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William V. Turner sold 10,800 shares of Great Southern Bancorp stock in a transaction that occurred on Tuesday, July 25th. The stock was sold at an average price of $52.76, for a total value of $569,808.00. Following the completion of the transaction, the director now directly owns 173,853 shares in the company, valued at $9,172,484.28. The disclosure for this sale can be found here. 23.78% of the stock is owned by insiders.

Institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its position in shares of Great Southern Bancorp by 3.2% in the first quarter. Dimensional Fund Advisors LP now owns 601,801 shares of the financial services provider’s stock worth $30,391,000 after buying an additional 18,838 shares during the period. Vanguard Group Inc. boosted its position in shares of Great Southern Bancorp by 5.9% in the first quarter. Vanguard Group Inc. now owns 524,337 shares of the financial services provider’s stock worth $26,479,000 after buying an additional 29,241 shares during the period. Columbia Wanger Asset Management LLC boosted its position in shares of Great Southern Bancorp by 6.7% in the first quarter. Columbia Wanger Asset Management LLC now owns 230,513 shares of the financial services provider’s stock worth $11,641,000 after buying an additional 14,512 shares during the period. State Street Corp boosted its position in shares of Great Southern Bancorp by 5.9% in the fourth quarter. State Street Corp now owns 211,085 shares of the financial services provider’s stock worth $11,535,000 after buying an additional 11,784 shares during the period. Finally, LSV Asset Management boosted its position in shares of Great Southern Bancorp by 58.7% in the first quarter. LSV Asset Management now owns 163,291 shares of the financial services provider’s stock worth $8,246,000 after buying an additional 60,391 shares during the period. 39.89% of the stock is currently owned by institutional investors and hedge funds.

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Shares of Great Southern Bancorp (GSBC) opened at 52.35 on Monday. Great Southern Bancorp has a 12-month low of $38.35 and a 12-month high of $56.70. The stock’s 50 day moving average price is $52.98 and its 200 day moving average price is $50.98. The company has a market capitalization of $734.68 million, a PE ratio of 14.67 and a beta of 1.08.

The business also recently declared a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Monday, July 3rd were paid a $0.24 dividend. This is a boost from Great Southern Bancorp’s previous quarterly dividend of $0.22. This represents a $0.96 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date was Thursday, June 29th. Great Southern Bancorp’s payout ratio is 26.82%.

About Great Southern Bancorp

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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Earnings History and Estimates for Great Southern Bancorp (NASDAQ:GSBC)

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