Great Southern Bancorp (NASDAQ:GSBC) Sees Large Volume Increase - Still a Buy?

Great Southern Bancorp, Inc. (NASDAQ:GSBC - Get Free Report) saw strong trading volume on Tuesday . 24,367 shares changed hands during trading, a decline of 11% from the previous session's volume of 27,283 shares.The stock last traded at $56.87 and had previously closed at $56.66.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler dropped 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 stock's fifty day simple moving average is $58.70 and its 200 day simple moving average is $59.51. 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 firm has a market capitalization of $655.63 million, a P/E ratio of 10.75 and a beta of 0.62.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $1.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.32 by ($0.05). Great Southern Bancorp had a return on equity of 10.62% and a net margin of 17.40%. On average, equities research analysts predict that Great Southern Bancorp, Inc. will post 5.24 EPS for the current year.

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Great Southern Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, March 31st will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 2.83%. The ex-dividend date is Monday, March 31st. Great Southern Bancorp's dividend payout ratio is presently 30.42%.

Insiders Place Their Bets

In other Great Southern Bancorp news, VP Kevin L. Baker sold 5,000 shares of the business's stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $60.02, for a total transaction of $300,100.00. Following the sale, the vice president now owns 14 shares of the company's stock, valued at approximately $840.28. The trade was a 99.72 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 27.60% of the stock is owned by insiders.

Institutional Trading of Great Southern Bancorp

Several large investors have recently bought and sold shares of GSBC. Tower Research Capital LLC TRC lifted its stake in Great Southern Bancorp by 146.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 597 shares of the financial services provider's stock valued at $36,000 after acquiring an additional 355 shares during the period. BNP Paribas Financial Markets lifted its stake in Great Southern Bancorp by 11.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,115 shares of the financial services provider's stock valued at $121,000 after acquiring an additional 215 shares during the period. Virtu Financial LLC acquired a new stake in Great Southern Bancorp during the 3rd quarter valued at approximately $221,000. AlphaQuest LLC acquired a new stake in Great Southern Bancorp during the 4th quarter valued at approximately $256,000. Finally, ExodusPoint Capital Management LP acquired a new stake in Great Southern Bancorp during the 4th quarter valued at approximately $256,000. Hedge funds and other institutional investors own 41.66% of the company's stock.

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.