Great Southern Bancorp (NASDAQ:GSBC) Announces Quarterly Earnings Results, Misses Expectations By $0.05 EPS

Great Southern Bancorp (NASDAQ:GSBCGet Free Report) posted its earnings results on Tuesday. The financial services provider reported $1.27 EPS for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.05), Zacks reports. Great Southern Bancorp had a net margin of 17.21% and a return on equity of 10.36%.

Great Southern Bancorp Stock Up 2.6 %

Shares of GSBC stock traded up $1.58 during mid-day trading on Tuesday, reaching $62.00. 57,401 shares of the company were exchanged, compared to its average volume of 30,408. The company has a market capitalization of $724.16 million, a P/E ratio of 12.16 and a beta of 0.65. The business’s 50 day simple moving average is $62.04 and its 200 day simple moving average is $59.56. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.93 and a current ratio of 0.93. Great Southern Bancorp has a fifty-two week low of $48.19 and a fifty-two week high of $68.01.

Great Southern Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Monday, December 30th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.58%. The ex-dividend date of this dividend was Monday, December 30th. Great Southern Bancorp’s dividend payout ratio (DPR) is 31.37%.

Insider Buying and Selling

In other Great Southern Bancorp news, CEO Joseph W. Turner sold 6,000 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $66.63, for a total value of $399,780.00. Following the completion of the transaction, the chief executive officer now directly owns 137,382 shares in the company, valued at $9,153,762.66. This trade represents a 4.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Mark A. Maples sold 2,600 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $63.42, for a total transaction of $164,892.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 19,174 shares of company stock worth $1,235,009. Corporate insiders own 27.73% of the company’s stock.

Analysts Set New Price Targets

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

Read Our Latest Analysis on Great Southern Bancorp

Great Southern Bancorp Company Profile

(Get Free Report)

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.

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Earnings History for Great Southern Bancorp (NASDAQ:GSBC)

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