Analysts Set $57.00 Price Target for Great Southern Bancorp, Inc. (GSBC)

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

Brokerages have set a 12-month consensus price objective of $57.00 for the company and are expecting that the company will post $0.82 EPS for the current quarter, according to Zacks. Zacks has also given Great Southern Bancorp an industry rank of 90 out of 265 based on the ratings given to its competitors.

A number of analysts recently commented on the stock. Zacks Investment Research cut shares of Great Southern Bancorp from a “hold” rating to a “sell” rating in a research note on Tuesday, October 24th. Keefe, Bruyette & Woods restated a “hold” rating and set a $52.00 price target on shares of Great Southern Bancorp in a research note on Tuesday, October 3rd. BidaskClub cut shares of Great Southern Bancorp from a “sell” rating to a “strong sell” rating in a research note on Friday, August 18th. Finally, Sandler O’Neill cut shares of 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.

In other news, insider Rex A. Copeland sold 5,250 shares of the stock in a transaction on Thursday, October 26th. The shares were sold at an average price of $55.00, for a total value of $288,750.00. Following the transaction, the insider now owns 24,698 shares of the company’s stock, valued at approximately $1,358,390. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, VP Douglas W. Marrs sold 625 shares of the stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $55.95, for a total transaction of $34,968.75. Following the completion of the transaction, the vice president now directly owns 2,531 shares in the company, valued at approximately $141,609.45. The disclosure for this sale can be found here. Insiders have sold a total of 6,500 shares of company stock worth $357,894 in the last ninety days. 23.78% of the stock is currently owned by insiders.

Several large investors have recently modified their holdings of the company. Dimensional Fund Advisors LP increased its holdings in shares of Great Southern Bancorp by 3.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 644,928 shares of the financial services provider’s stock worth $35,890,000 after buying an additional 20,265 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Great Southern Bancorp by 3.8% in the 2nd quarter. Vanguard Group Inc. now owns 544,037 shares of the financial services provider’s stock worth $29,106,000 after buying an additional 19,700 shares during the last quarter. Walthausen & Co. LLC increased its holdings in shares of Great Southern Bancorp by 9.0% in the 3rd quarter. Walthausen & Co. LLC now owns 231,249 shares of the financial services provider’s stock worth $12,869,000 after buying an additional 19,150 shares during the last quarter. State Street Corp increased its holdings in shares of Great Southern Bancorp by 5.5% in the 2nd quarter. State Street Corp now owns 223,346 shares of the financial services provider’s stock worth $11,949,000 after buying an additional 11,691 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of Great Southern Bancorp by 1.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 220,124 shares of the financial services provider’s stock valued at $11,776,000 after purchasing an additional 3,282 shares during the last quarter. 40.90% of the stock is currently owned by hedge funds and other institutional investors.

Great Southern Bancorp (GSBC) traded down $0.30 on Monday, reaching $52.85. 14,960 shares of the company’s stock were exchanged, compared to its average volume of 24,237. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $745.11, a PE ratio of 14.72 and a beta of 1.03. Great Southern Bancorp has a 52-week low of $47.25 and a 52-week high of $58.45.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.82 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.82. The company had revenue of $46.94 million for the quarter, compared to analysts’ expectations of $46.30 million. Great Southern Bancorp had a net margin of 23.03% and a return on equity of 11.46%. sell-side analysts expect that Great Southern Bancorp will post 3.58 EPS for the current year.

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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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