Great Southern Bancorp (GSBC) Expected to Announce Earnings on Tuesday

Great Southern Bancorp (NASDAQ:GSBC) will likely be posting its quarterly earnings results after the market closes on Tuesday, January 21st. Analysts expect Great Southern Bancorp to post earnings of $1.32 per share and revenue of $55,332.50 billion for the quarter.

Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings results on Wednesday, October 16th. The financial services provider reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.26 by $0.15. Great Southern Bancorp had a return on equity of 10.36% and a net margin of 17.21%. The business had revenue of $90.79 million for the quarter, compared to the consensus estimate of $54.75 million. During the same quarter last year, the business posted $1.33 earnings per share. On average, analysts expect Great Southern Bancorp to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Great Southern Bancorp Price Performance

NASDAQ GSBC traded up $1.25 during trading hours on Wednesday, reaching $60.74. 19,372 shares of the stock traded hands, compared to its average volume of 28,319. The stock has a 50 day simple moving average of $62.39 and a two-hundred day simple moving average of $59.38. Great Southern Bancorp has a 1 year low of $48.19 and a 1 year high of $68.01. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.93 and a quick ratio of 0.93. The company has a market cap of $709.14 million, a price-to-earnings ratio of 11.91 and a beta of 0.65.

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 issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, December 30th. This represents a $1.60 dividend on an annualized basis and a yield of 2.63%. Great Southern Bancorp’s dividend payout ratio is presently 31.37%.

Insider Buying and Selling at Great Southern Bancorp

In other news, CEO Joseph W. Turner sold 6,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $66.63, for a total value of $399,780.00. Following the sale, the chief executive officer now directly owns 137,382 shares of the company’s stock, valued at $9,153,762.66. The trade was a 4.18 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Julie A. Brown sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $61.05, for a total value of $152,625.00. Following the completion of the sale, the director now directly owns 32,896 shares in the company, valued at approximately $2,008,300.80. This represents a 7.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 19,174 shares of company stock valued at $1,235,009. 27.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Separately, Piper Sandler reduced their price target 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.

About Great Southern Bancorp

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.