Great Southern Bancorp, Inc. (NASDAQ:GSBC) Short Interest Update

Great Southern Bancorp, Inc. (NASDAQ:GSBC) was the recipient of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 123,700 shares, a decrease of 7.5% from the October 15th total of 133,700 shares. Based on an average daily volume of 23,800 shares, the days-to-cover ratio is presently 5.2 days. Currently, 1.4% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Separately, Piper Sandler reduced their price objective on Great Southern Bancorp from $64.00 to $62.00 and set a “neutral” rating for the company in a research report on Friday, October 18th.

Insider Activity at Great Southern Bancorp

In other Great Southern Bancorp news, CEO Joseph W. Turner sold 6,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $66.63, for a total value of $399,780.00. Following the completion of the sale, the chief executive officer now owns 137,382 shares in the company, valued at approximately $9,153,762.66. This trade represents a 4.18 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Mark A. Maples sold 2,074 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $67.19, for a total value of $139,352.06. The disclosure for this sale can be found here. Insiders sold a total of 14,074 shares of company stock worth $917,492 in the last 90 days. 27.73% of the stock is owned by company insiders.

Hedge Funds Weigh In On Great Southern Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP increased its holdings in Great Southern Bancorp by 0.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 728,045 shares of the financial services provider’s stock valued at $40,485,000 after purchasing an additional 1,964 shares in the last quarter. Vanguard Group Inc. increased its holdings in Great Southern Bancorp by 11.5% during the 1st quarter. Vanguard Group Inc. now owns 564,032 shares of the financial services provider’s stock valued at $30,920,000 after purchasing an additional 58,041 shares in the last quarter. Geode Capital Management LLC increased its holdings in Great Southern Bancorp by 0.9% during the 3rd quarter. Geode Capital Management LLC now owns 203,810 shares of the financial services provider’s stock valued at $11,683,000 after purchasing an additional 1,891 shares in the last quarter. American Century Companies Inc. increased its holdings in Great Southern Bancorp by 15.6% during the 2nd quarter. American Century Companies Inc. now owns 173,711 shares of the financial services provider’s stock valued at $9,660,000 after purchasing an additional 23,401 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in Great Southern Bancorp by 0.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 71,048 shares of the financial services provider’s stock valued at $4,072,000 after purchasing an additional 280 shares in the last quarter. Institutional investors own 41.66% of the company’s stock.

Great Southern Bancorp Price Performance

Great Southern Bancorp stock opened at $61.69 on Wednesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.93 and a quick ratio of 0.93. The company has a market capitalization of $720.54 million, a PE ratio of 12.10 and a beta of 0.62. Great Southern Bancorp has a one year low of $48.19 and a one year high of $68.01. The business has a 50 day simple moving average of $58.50 and a 200 day simple moving average of $56.69.

Great Southern Bancorp (NASDAQ:GSBC) last posted its earnings results on Wednesday, October 16th. The financial services provider reported $1.41 EPS for the quarter, topping the consensus estimate of $1.26 by $0.15. The business had revenue of $90.79 million during the quarter, compared to the consensus estimate of $54.75 million. Great Southern Bancorp had a return on equity of 10.36% and a net margin of 17.21%. During the same quarter last year, the company earned $1.33 EPS. On average, sell-side analysts forecast that Great Southern Bancorp will post 5.3 EPS for the current fiscal year.

Great Southern Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $1.60 annualized dividend and a dividend yield of 2.59%. Great Southern Bancorp’s dividend payout ratio (DPR) is presently 31.37%.

Great Southern Bancorp Company Profile

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.