Great Southern Bancorp (NASDAQ:GSBC) Announces Earnings Results, Beats Estimates By $0.15 EPS

Great Southern Bancorp (NASDAQ:GSBC) issued its earnings results on Wednesday. The financial services provider reported $1.41 EPS for the quarter, beating the consensus estimate of $1.26 by $0.15, Zacks reports. Great Southern Bancorp had a net margin of 17.42% and a return on equity of 10.62%. The firm had revenue of $90.79 million during the quarter, compared to the consensus estimate of $54.75 million. During the same quarter in the prior year, the firm earned $1.33 earnings per share.

Great Southern Bancorp Stock Performance

Great Southern Bancorp stock traded up $0.24 during trading hours on Friday, hitting $58.28. The company had a trading volume of 7,877 shares, compared to its average volume of 27,131. Great Southern Bancorp has a one year low of $46.60 and a one year high of $65.90. The firm has a 50-day moving average of $57.18 and a 200 day moving average of $55.34. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.92 and a quick ratio of 0.92. The firm has a market cap of $679.43 million, a PE ratio of 11.56 and a beta of 0.62.

Great Southern Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.75%. The ex-dividend date of this dividend was Monday, September 30th. Great Southern Bancorp’s payout ratio is presently 31.43%.

Insider Transactions at Great Southern Bancorp

In other Great Southern Bancorp news, Director William V. Turner sold 4,420 shares of Great Southern Bancorp stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $56.14, for a total value of $248,138.80. Following the completion of the transaction, the director now directly owns 210,112 shares of the company’s stock, valued at $11,795,687.68. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Great Southern Bancorp news, Director William V. Turner sold 4,420 shares of the company’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $56.14, for a total value of $248,138.80. Following the completion of the transaction, the director now owns 210,112 shares of the company’s stock, valued at $11,795,687.68. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director William V. Turner sold 6,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $63.19, for a total transaction of $379,140.00. Following the completion of the transaction, the director now owns 214,532 shares of the company’s stock, valued at approximately $13,556,277.08. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 15,670 shares of company stock worth $958,706. Company insiders own 27.60% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Piper Sandler reduced their price target on shares of Great Southern Bancorp from $64.00 to $62.00 and set a “neutral” rating for the company in a report on Friday.

About Great Southern Bancorp

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that provides a range of financial services in the United States. Its deposit products include regular savings accounts, checking accounts, money market accounts, fixed interest rate certificates with varying maturities, certificates of deposit, brokered certificates, and individual retirement accounts.