Great Southern Bancorp (NASDAQ:GSBC) Hits New 1-Year Low – Here’s Why

Great Southern Bancorp, Inc. (NASDAQ:GSBC)’s stock price reached a new 52-week low during mid-day trading on Friday . The company traded as low as $47.57 and last traded at $50.22, with a volume of 851 shares. The stock had previously closed at $51.39.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler lowered their price target on shares of Great Southern Bancorp from $67.00 to $64.00 and set a “neutral” rating for the company in a report on Thursday, January 23rd.

Great Southern Bancorp Stock Performance

The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $594.50 million, a PE ratio of 9.66 and a beta of 0.62. The firm’s 50-day simple moving average is $58.04 and its 200-day simple moving average is $59.46.

Great Southern Bancorp (NASDAQ:GSBC) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $1.27 EPS for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.05). Great Southern Bancorp had a net margin of 17.40% and a return on equity of 10.62%. On average, research analysts predict that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current year.

Great Southern Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, March 31st will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.12%. The ex-dividend date is Monday, March 31st. Great Southern Bancorp’s payout ratio is 30.42%.

Insider Transactions at Great Southern Bancorp

In other Great Southern Bancorp news, VP Kevin L. Baker sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $60.02, for a total value of $300,100.00. Following the completion of the sale, the vice president now directly owns 14 shares in the company, valued at $840.28. This trade represents a 99.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 27.60% of the company’s stock.

Institutional Trading of Great Southern Bancorp

Institutional investors have recently made changes to their positions in the business. Versant Capital Management Inc grew its stake in shares of Great Southern Bancorp by 81.6% during the first quarter. Versant Capital Management Inc now owns 483 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 217 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in Great Southern Bancorp by 146.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 597 shares of the financial services provider’s stock valued at $36,000 after purchasing an additional 355 shares during the period. BNP Paribas Financial Markets raised its stake in Great Southern Bancorp by 11.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,115 shares of the financial services provider’s stock valued at $121,000 after purchasing an additional 215 shares during the last quarter. Virtu Financial LLC purchased a new position in shares of Great Southern Bancorp in the third quarter worth about $221,000. Finally, AlphaQuest LLC acquired a new position in Great Southern Bancorp during the fourth quarter worth about $256,000. Institutional investors and hedge funds own 41.66% of the company’s stock.

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.