Equities research analysts expect that Great Western Bancorp Inc (NYSE:GWB) will report earnings per share of $0.80 for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Great Western Bancorp’s earnings. The highest EPS estimate is $0.81 and the lowest is $0.78. Great Western Bancorp reported earnings of $0.69 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 15.9%. The business is scheduled to report its next quarterly earnings report on Thursday, April 25th.
According to Zacks, analysts expect that Great Western Bancorp will report full year earnings of $3.21 per share for the current year, with EPS estimates ranging from $3.15 to $3.29. For the next financial year, analysts forecast that the company will report earnings of $3.35 per share, with EPS estimates ranging from $3.20 to $3.47. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Great Western Bancorp.
Great Western Bancorp (NYSE:GWB) last issued its quarterly earnings data on Thursday, January 24th. The bank reported $0.79 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.77 by $0.02. Great Western Bancorp had a net margin of 30.47% and a return on equity of 9.62%. The company had revenue of $121.61 million for the quarter, compared to the consensus estimate of $124.10 million. During the same quarter in the prior year, the firm earned $0.72 earnings per share.
GWB traded up $0.38 during trading on Monday, hitting $35.47. 178,033 shares of the company traded hands, compared to its average volume of 363,582. Great Western Bancorp has a 1 year low of $29.52 and a 1 year high of $46.03. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a market capitalization of $2.00 billion, a price-to-earnings ratio of 12.23, a PEG ratio of 1.44 and a beta of 1.62.
The business also recently declared a quarterly dividend, which will be paid on Friday, February 22nd. Shareholders of record on Friday, February 8th will be paid a $0.25 dividend. The ex-dividend date is Thursday, February 7th. This represents a $1.00 annualized dividend and a yield of 2.82%. Great Western Bancorp’s dividend payout ratio is currently 34.48%.
In other Great Western Bancorp news, CFO Peter Robert Chapman sold 3,450 shares of the firm’s stock in a transaction on Thursday, December 6th. The stock was sold at an average price of $33.98, for a total value of $117,231.00. Following the completion of the sale, the chief financial officer now owns 21,423 shares of the company’s stock, valued at $727,953.54. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.40% of the stock is owned by company insiders.
Institutional investors and hedge funds have recently bought and sold shares of the business. Los Angeles Capital Management & Equity Research Inc. raised its position in shares of Great Western Bancorp by 3.4% in the 4th quarter. Los Angeles Capital Management & Equity Research Inc. now owns 19,080 shares of the bank’s stock valued at $596,000 after purchasing an additional 630 shares in the last quarter. Eagle Asset Management Inc. grew its stake in shares of Great Western Bancorp by 0.6% in the fourth quarter. Eagle Asset Management Inc. now owns 247,855 shares of the bank’s stock worth $7,745,000 after purchasing an additional 1,474 shares in the last quarter. Texas Permanent School Fund lifted its holdings in shares of Great Western Bancorp by 1.8% in the fourth quarter. Texas Permanent School Fund now owns 37,736 shares of the bank’s stock valued at $1,179,000 after buying an additional 668 shares during the period. California Public Employees Retirement System lifted its holdings in shares of Great Western Bancorp by 6.4% during the fourth quarter. California Public Employees Retirement System now owns 181,536 shares of the bank’s stock valued at $5,673,000 after purchasing an additional 10,910 shares during the last quarter. Finally, Toronto Dominion Bank purchased a new stake in shares of Great Western Bancorp during the fourth quarter valued at $32,000.
About Great Western Bancorp
Great Western Bancorp, Inc operates as the bank holding company for Great Western Bank that provides business and agri-business banking, retail banking, and wealth management services in the United States. The company offers noninterest-bearing demand accounts, interest-bearing demand accounts, interest-bearing non-transaction accounts, time deposits, and corporate credit cards.
Recommended Story: Bond
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Great Western Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Western Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.