Great Southern Bancorp, Inc. (NASDAQ:GSBC) Short Interest Down 7.5% in October

Great Southern Bancorp, Inc. (NASDAQ:GSBC) saw a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 123,700 shares, a decrease of 7.5% from the October 15th total of 133,700 shares. Currently, 1.4% of the company’s shares are sold short. Based on an average daily trading volume, of 23,800 shares, the days-to-cover ratio is presently 5.2 days.

Great Southern Bancorp Trading Up 0.0 %

GSBC stock opened at $63.30 on Monday. The firm has a fifty day moving average price of $58.27 and a 200 day moving average price of $56.58. Great Southern Bancorp has a fifty-two week low of $48.19 and a fifty-two week high of $68.01. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.93 and a current ratio of 0.93. The firm has a market cap of $739.34 million, a PE ratio of 12.41 and a beta of 0.62.

Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.41 EPS for the quarter, topping the consensus estimate of $1.26 by $0.15. The company had revenue of $90.79 million during the quarter, compared to analyst estimates of $54.75 million. Great Southern Bancorp had a net margin of 17.21% and a return on equity of 10.36%. During the same period in the previous year, the firm earned $1.33 earnings per share. Sell-side analysts anticipate that Great Southern Bancorp will post 5.3 earnings per share for the current fiscal year.

Great Southern Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.53%. The ex-dividend date of this dividend was Monday, September 30th. Great Southern Bancorp’s dividend payout ratio is currently 31.37%.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler decreased their target price on shares of Great Southern Bancorp from $64.00 to $62.00 and set a “neutral” rating on the stock in a research note on Friday, October 18th.

Insider Activity at Great Southern Bancorp

In related news, Director William V. Turner sold 6,000 shares of the stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $63.06, for a total transaction of $378,360.00. Following the sale, the director now directly owns 210,112 shares of the company’s stock, valued at approximately $13,249,662.72. This represents a 2.78 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Mark A. Maples sold 2,074 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $67.19, for a total transaction of $139,352.06. The disclosure for this sale can be found here. Insiders sold 14,074 shares of company stock worth $917,492 in the last three months. 27.60% of the stock is owned by insiders.

Institutional Trading of Great Southern Bancorp

Several institutional investors and hedge funds have recently made changes to their positions in GSBC. Vanguard Group Inc. raised its holdings in shares of Great Southern Bancorp by 11.5% in the first quarter. Vanguard Group Inc. now owns 564,032 shares of the financial services provider’s stock valued at $30,920,000 after acquiring an additional 58,041 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of Great Southern Bancorp by 15.6% during the second quarter. American Century Companies Inc. now owns 173,711 shares of the financial services provider’s stock valued at $9,660,000 after acquiring an additional 23,401 shares in the last quarter. Independent Advisor Alliance boosted its position in Great Southern Bancorp by 219.1% in the third quarter. Independent Advisor Alliance now owns 24,862 shares of the financial services provider’s stock valued at $1,425,000 after buying an additional 17,070 shares during the last quarter. FMR LLC boosted its position in Great Southern Bancorp by 30.8% in the third quarter. FMR LLC now owns 58,613 shares of the financial services provider’s stock valued at $3,359,000 after buying an additional 13,799 shares during the last quarter. Finally, Barclays PLC boosted its position in Great Southern Bancorp by 136.6% in the third quarter. Barclays PLC now owns 15,508 shares of the financial services provider’s stock valued at $889,000 after buying an additional 8,954 shares during the last quarter. 41.66% of the stock is currently owned by institutional investors.

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.