Great Southern Bancorp (NASDAQ:GSBC) Sees Large Volume Increase – Should You Buy?

Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) saw an uptick in trading volume on Tuesday . 37,471 shares were traded during trading, an increase of 28% from the previous session’s volume of 29,213 shares.The stock last traded at $51.59 and had previously closed at $50.56.

Wall Street Analyst Weigh In

Separately, Piper Sandler cut their price objective on Great Southern Bancorp from $67.00 to $64.00 and set a “neutral” rating for the company in a report on Thursday, January 23rd.

Great Southern Bancorp Price Performance

The firm has a market capitalization of $604.26 million, a price-to-earnings ratio of 9.90 and a beta of 0.50. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.16. The stock’s 50 day moving average price is $56.29 and its two-hundred day moving average price is $58.92.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings results on Wednesday, April 16th. The financial services provider reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.21. The business had revenue of $55.92 million during the quarter, compared to analyst estimates of $55.53 million. Great Southern Bancorp had a return on equity of 10.62% and a net margin of 17.40%. Analysts anticipate that Great Southern Bancorp, Inc. will post 5.24 EPS for the current fiscal year.

Great Southern Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 14th. Stockholders of record on Monday, March 31st were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date of this dividend was Monday, March 31st. Great Southern Bancorp’s payout ratio is 30.42%.

Insider Activity at Great Southern Bancorp

In other Great Southern Bancorp news, VP Kevin L. Baker sold 5,000 shares of the company’s stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $60.02, for a total transaction of $300,100.00. Following the completion of the sale, the vice president now directly owns 14 shares in the company, valued at $840.28. This represents a 99.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 27.93% of the stock is currently owned by company insiders.

Institutional Trading of Great Southern Bancorp

Several hedge funds have recently added to or reduced their stakes in the business. Versant Capital Management Inc raised its holdings in Great Southern Bancorp by 81.6% in the 1st quarter. Versant Capital Management Inc now owns 483 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 217 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of Great Southern Bancorp by 146.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 597 shares of the financial services provider’s stock worth $36,000 after purchasing an additional 355 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Great Southern Bancorp by 11.3% during the third quarter. BNP Paribas Financial Markets now owns 2,115 shares of the financial services provider’s stock worth $121,000 after buying an additional 215 shares in the last quarter. Virtu Financial LLC bought a new position in Great Southern Bancorp in the 3rd quarter valued at $221,000. Finally, ExodusPoint Capital Management LP bought a new position in shares of Great Southern Bancorp in the fourth quarter valued at about $256,000. Institutional investors own 41.66% of the company’s stock.

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.