Zacks: Great Southern Bancorp, Inc. (GSBC) Receives Consensus Rating of “Hold” from Brokerages

Great Southern Bancorp, Inc. (NASDAQ:GSBC) has earned a consensus broker rating score of 3.00 (Hold) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold recommendation.

Brokerages have set a 1 year consensus price objective of $55.00 for the company and are forecasting that the company will post $0.87 EPS for the current quarter, according to Zacks. Zacks has also assigned Great Southern Bancorp an industry rank of 19 out of 265 based on the ratings given to its competitors.

A number of research firms have issued reports on GSBC. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $56.00 target price on shares of Great Southern Bancorp in a research report on Friday, December 22nd. BidaskClub raised Great Southern Bancorp from a “sell” rating to a “hold” rating in a research report on Monday, February 5th. Finally, Zacks Investment Research raised Great Southern Bancorp from a “sell” rating to a “hold” rating in a research report on Monday, December 25th.

In other news, VP Douglas W. Marrs sold 625 shares of the firm’s stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $55.95, for a total value of $34,968.75. Following the completion of the transaction, the vice president now directly owns 2,531 shares of the company’s stock, valued at $141,609.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Douglas M. Pitt purchased 2,000 shares of the business’s stock in a transaction dated Monday, January 29th. The stock was bought at an average cost of $51.58 per share, with a total value of $103,160.00. Following the completion of the acquisition, the director now directly owns 3,100 shares of the company’s stock, valued at $159,898. The disclosure for this purchase can be found here. Company insiders own 23.78% of the company’s stock.

Several institutional investors have recently bought and sold shares of GSBC. Dimensional Fund Advisors LP boosted its holdings in shares of Great Southern Bancorp by 3.8% in the second quarter. Dimensional Fund Advisors LP now owns 624,663 shares of the financial services provider’s stock worth $33,420,000 after acquiring an additional 22,862 shares during the period. Mutual of America Capital Management LLC boosted its holdings in shares of Great Southern Bancorp by 53.6% in the third quarter. Mutual of America Capital Management LLC now owns 63,214 shares of the financial services provider’s stock worth $3,518,000 after acquiring an additional 22,050 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Great Southern Bancorp by 3.8% in the second quarter. Vanguard Group Inc. now owns 544,037 shares of the financial services provider’s stock worth $29,106,000 after acquiring an additional 19,700 shares during the period. Walthausen & Co. LLC boosted its holdings in shares of Great Southern Bancorp by 9.0% in the third quarter. Walthausen & Co. LLC now owns 231,249 shares of the financial services provider’s stock worth $12,869,000 after acquiring an additional 19,150 shares during the period. Finally, State Street Corp boosted its holdings in shares of Great Southern Bancorp by 5.5% in the second quarter. State Street Corp now owns 223,346 shares of the financial services provider’s stock worth $11,949,000 after acquiring an additional 11,691 shares during the period. 40.83% of the stock is owned by hedge funds and other institutional investors.

Shares of Great Southern Bancorp (NASDAQ:GSBC) opened at $49.45 on Monday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.08 and a quick ratio of 1.08. Great Southern Bancorp has a 52-week low of $47.25 and a 52-week high of $58.45. The stock has a market capitalization of $696.65, a price-to-earnings ratio of 13.62 and a beta of 1.02.

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 17th. Shareholders of record on Tuesday, January 2nd were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date of this dividend was Friday, December 29th. Great Southern Bancorp’s dividend payout ratio is currently 26.45%.

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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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