Great Southern Bancorp (NASDAQ:GSBC) Hits New 52-Week High – What’s Next?

Great Southern Bancorp, Inc. (NASDAQ:GSBC)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $82.91 and last traded at $82.00, with a volume of 60737 shares. The stock had previously closed at $80.31.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Keefe, Bruyette & Woods boosted their price target on shares of Great Southern Bancorp from $72.00 to $74.00 and gave the stock a “market perform” rating in a research report on Friday, July 17th. Wall Street Zen lowered shares of Great Southern Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Zacks Research cut Great Southern Bancorp from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 16th. Finally, Weiss Ratings upgraded Great Southern Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a research report on Thursday, July 9th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $74.00.

Great Southern Bancorp Stock Up 0.5%

The firm’s fifty day simple moving average is $76.67 and its two-hundred day simple moving average is $68.99. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $890.31 million, a price-to-earnings ratio of 13.58 and a beta of 0.49.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings results on Wednesday, July 15th. The financial services provider reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.19. The business had revenue of $56.87 million during the quarter, compared to the consensus estimate of $55.26 million. Great Southern Bancorp had a net margin of 20.72% and a return on equity of 10.86%. Sell-side analysts anticipate that Great Southern Bancorp, Inc. will post 5.99 EPS for the current year.

Great Southern Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Monday, June 29th were paid a dividend of $0.43 per share. The ex-dividend date of this dividend was Monday, June 29th. This represents a $1.72 annualized dividend and a yield of 2.1%. Great Southern Bancorp’s dividend payout ratio (DPR) is 28.57%.

Hedge Funds Weigh In On Great Southern Bancorp

Hedge funds have recently modified their holdings of the business. Two Sigma Investments LP lifted its position in Great Southern Bancorp by 177.7% in the third quarter. Two Sigma Investments LP now owns 48,227 shares of the financial services provider’s stock valued at $2,954,000 after buying an additional 30,863 shares during the last quarter. LSV Asset Management raised its stake in shares of Great Southern Bancorp by 26.6% in the 4th quarter. LSV Asset Management now owns 130,884 shares of the financial services provider’s stock valued at $8,057,000 after acquiring an additional 27,487 shares during the period. First Trust Advisors LP lifted its holdings in shares of Great Southern Bancorp by 328.9% in the 3rd quarter. First Trust Advisors LP now owns 32,321 shares of the financial services provider’s stock worth $1,980,000 after acquiring an additional 24,786 shares during the last quarter. Bridgeway Capital Management LLC lifted its holdings in shares of Great Southern Bancorp by 121.5% in the 3rd quarter. Bridgeway Capital Management LLC now owns 39,757 shares of the financial services provider’s stock worth $2,435,000 after acquiring an additional 21,806 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of Great Southern Bancorp during the 1st quarter worth approximately $1,146,000. 41.66% of the stock is currently owned by hedge funds and other institutional investors.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc (NASDAQ: GSBC) is the bank holding company for Great Southern Bank, a full-service commercial bank headquartered in Springfield, Missouri. Through its subsidiary, the company provides a broad spectrum of financial products and services designed to meet the needs of individuals, small and mid-sized businesses, and professional clients across its regional footprint.

Great Southern Bank’s core business activities include deposit-taking, lending and treasury management.