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

Great Southern Bancorp (NASDAQ:GSBC) issued its quarterly earnings results on Tuesday. The financial services provider reported $1.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.32 by ($0.05), Zacks reports. Great Southern Bancorp had a return on equity of 10.36% and a net margin of 17.21%.

Great Southern Bancorp Trading Up 2.6 %

Shares of GSBC traded up $1.58 on Tuesday, reaching $62.00. 57,401 shares of the company’s stock were exchanged, compared to its average volume of 30,408. The business has a 50 day moving average price of $62.04 and a two-hundred day moving average price of $59.56. Great Southern Bancorp has a 12 month low of $48.19 and a 12 month high of $68.01. The stock has a market capitalization of $724.16 million, a P/E ratio of 12.16 and a beta of 0.65. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.16.

Great Southern Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders 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 presently 31.37%.

Insider Buying and Selling at Great Southern Bancorp

In related news, CEO Joseph W. Turner sold 6,000 shares of Great Southern Bancorp stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $66.63, for a total transaction of $399,780.00. Following the transaction, the chief executive officer now owns 137,382 shares of the company’s stock, valued at $9,153,762.66. This trade represents a 4.18 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Mark A. Maples sold 2,600 shares of the stock in a transaction on Wednesday, November 27th. The stock was 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 ninety days, insiders have sold 19,174 shares of company stock valued at $1,235,009. 27.73% of the stock is currently owned by insiders.

Analyst Ratings Changes

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 report on Friday, October 18th.

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.