Great Southern Bancorp (GSBC) Stock Rating Lowered by BidaskClub

BidaskClub downgraded shares of Great Southern Bancorp (NASDAQ:GSBC) from a sell rating to a strong sell rating in a report published on Friday morning.

A number of other equities analysts have also weighed in on GSBC. Keefe, Bruyette & Woods reissued a hold rating and set a $52.00 price objective on shares of Great Southern Bancorp in a research note on Tuesday, October 3rd. Sandler O’Neill lowered Great Southern Bancorp from a buy rating to a hold rating in a research note on Friday, October 6th. They noted that the move was a valuation call. Finally, Zacks Investment Research lowered Great Southern Bancorp from a hold rating to a sell rating in a research note on Tuesday, October 24th.

Shares of Great Southern Bancorp (NASDAQ GSBC) traded up $0.15 during trading hours on Friday, hitting $51.65. The stock had a trading volume of 21,100 shares, compared to its average volume of 17,580. The firm has a market capitalization of $724.02, a price-to-earnings ratio of 14.35 and a beta of 1.03. 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 12-month low of $47.25 and a 12-month high of $58.45.

Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings data on Wednesday, October 18th. The financial services provider reported $0.82 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.82. The company had revenue of $46.94 million for the quarter, compared to analyst estimates of $46.30 million. Great Southern Bancorp had a return on equity of 11.46% and a net margin of 23.03%. analysts forecast that Great Southern Bancorp will post 3.58 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 17th. Shareholders of record on Tuesday, January 2nd will be paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date is Friday, December 29th. Great Southern Bancorp’s dividend payout ratio (DPR) is currently 26.67%.

In other Great Southern Bancorp news, VP Douglas W. Marrs sold 625 shares of the business’s stock in a transaction on Tuesday, October 24th. The stock was sold at an average price of $54.68, for a total transaction of $34,175.00. Following the transaction, the vice president now owns 2,531 shares of the company’s stock, valued at $138,395.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Rex A. Copeland sold 5,250 shares of the business’s stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $55.00, for a total value of $288,750.00. Following the transaction, the insider now directly owns 24,698 shares in the company, valued at approximately $1,358,390. The disclosure for this sale can be found here. Insiders have sold 6,500 shares of company stock worth $357,894 in the last three months. 23.78% of the stock is currently owned by corporate insiders.

A number of large investors have recently bought and sold shares of the business. Schwab Charles Investment Management Inc. raised its position in Great Southern Bancorp by 0.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 48,593 shares of the financial services provider’s stock valued at $2,600,000 after purchasing an additional 375 shares during the period. Voya Investment Management LLC raised its position in Great Southern Bancorp by 9.0% in the second quarter. Voya Investment Management LLC now owns 7,844 shares of the financial services provider’s stock valued at $420,000 after purchasing an additional 647 shares during the period. Parametric Portfolio Associates LLC raised its position in Great Southern Bancorp by 7.3% in the second quarter. Parametric Portfolio Associates LLC now owns 15,175 shares of the financial services provider’s stock valued at $812,000 after purchasing an additional 1,038 shares during the period. Summit Global Investments raised its position in Great Southern Bancorp by 13.6% in the second quarter. Summit Global Investments now owns 9,200 shares of the financial services provider’s stock valued at $492,000 after purchasing an additional 1,100 shares during the period. Finally, Allianz Asset Management GmbH raised its position in Great Southern Bancorp by 15.1% in the third quarter. Allianz Asset Management GmbH now owns 8,478 shares of the financial services provider’s stock valued at $472,000 after purchasing an additional 1,111 shares during the period. Institutional investors own 40.90% of the company’s stock.

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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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