Zacks: Analysts Set $58.00 Target Price for Great Southern Bancorp, Inc. (GSBC)

Great Southern Bancorp, Inc. (NASDAQ:GSBC) has earned a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.

Analysts have set a 12 month consensus price objective of $58.00 for the company and are expecting that the company will post $1.10 EPS for the current quarter, according to Zacks. Zacks has also assigned Great Southern Bancorp an industry rank of 94 out of 257 based on the ratings given to its competitors.

A number of equities analysts recently weighed in on the company. BidaskClub cut Great Southern Bancorp from a “buy” rating to a “hold” rating in a report on Saturday. Zacks Investment Research raised Great Southern Bancorp from a “hold” rating to a “strong-buy” rating and set a $61.00 price target for the company in a report on Monday, October 22nd. Finally, ValuEngine cut Great Southern Bancorp from a “hold” rating to a “sell” rating in a report on Thursday, October 18th.

In related news, insider Douglas W. Marrs sold 1,296 shares of the company’s stock in a transaction dated Wednesday, November 21st. The stock was sold at an average price of $54.47, for a total value of $70,593.12. Following the completion of the transaction, the insider now owns 1,625 shares of the company’s stock, valued at approximately $88,513.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Douglas W. Marrs sold 2,500 shares of the company’s stock in a transaction dated Friday, November 23rd. The stock was sold at an average price of $54.04, for a total value of $135,100.00. Following the completion of the transaction, the vice president now directly owns 1,625 shares of the company’s stock, valued at approximately $87,815. The disclosure for this sale can be found here. Corporate insiders own 23.00% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. First Quadrant L P CA purchased a new stake in Great Southern Bancorp during the 3rd quarter worth approximately $106,000. FMR LLC purchased a new stake in Great Southern Bancorp during the 3rd quarter worth approximately $108,000. Acadian Asset Management LLC purchased a new stake in Great Southern Bancorp during the 2nd quarter worth approximately $112,000. SG Americas Securities LLC purchased a new stake in Great Southern Bancorp during the 2nd quarter worth approximately $126,000. Finally, Panagora Asset Management Inc. increased its stake in Great Southern Bancorp by 50.6% during the 3rd quarter. Panagora Asset Management Inc. now owns 2,865 shares of the financial services provider’s stock worth $159,000 after buying an additional 963 shares in the last quarter. 43.13% of the stock is owned by institutional investors.

Shares of GSBC stock traded down $0.20 on Friday, hitting $54.28. The company had a trading volume of 26,900 shares, compared to its average volume of 18,928. The stock has a market cap of $768.50 million, a PE ratio of 14.75 and a beta of 0.88. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.67. Great Southern Bancorp has a twelve month low of $48.10 and a twelve month high of $61.65.

Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings data on Wednesday, October 17th. The financial services provider reported $1.57 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.06 by $0.51. The business had revenue of $57.59 million during the quarter, compared to analysts’ expectations of $49.00 million. Great Southern Bancorp had a return on equity of 12.81% and a net margin of 26.65%. Sell-side analysts anticipate that Great Southern Bancorp will post 4.58 earnings per share for the current fiscal year.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that offers 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 deposits, brokered certificates, and individual retirement accounts.

See Also: Beta

Get a free copy of the Zacks research report on Great Southern Bancorp (GSBC)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Great Southern Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Southern Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit