Bank Ozk (NASDAQ:OZK) – Equities research analysts at FIG Partners issued their FY2020 earnings per share estimates for Bank Ozk in a research report issued on Tuesday, September 11th, according to Zacks Investment Research. FIG Partners analyst B. Martin anticipates that the company will earn $4.69 per share for the year.
Bank Ozk (NASDAQ:OZK) last posted its quarterly earnings data on Wednesday, July 11th. The company reported $0.89 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.89. The business had revenue of $252.05 million during the quarter, compared to the consensus estimate of $256.21 million. Bank Ozk had a net margin of 41.20% and a return on equity of 12.05%.
Other analysts also recently issued reports about the stock. Zacks Investment Research downgraded shares of Bank Ozk from a “hold” rating to a “sell” rating in a report on Tuesday, September 11th. Stephens reissued a “hold” rating and issued a $48.00 price target on shares of Bank Ozk in a report on Thursday, August 23rd. ValuEngine raised shares of Bank Ozk from a “strong sell” rating to a “sell” rating in a report on Friday, September 7th. Brean Capital set a $54.00 price target on shares of Bank Ozk and gave the company a “buy” rating in a report on Friday, September 28th. Finally, Barclays downgraded shares of Bank Ozk from an “overweight” rating to an “underweight” rating in a report on Monday, August 13th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $48.50.
Shares of NASDAQ OZK traded down $0.41 during trading hours on Wednesday, hitting $38.31. 543,029 shares of the stock were exchanged, compared to its average volume of 1,019,511. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.10. The company has a market cap of $4.87 billion, a P/E ratio of 12.94, a P/E/G ratio of 0.87 and a beta of 1.20. Bank Ozk has a one year low of $37.09 and a one year high of $53.70.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 19th. Stockholders of record on Friday, October 12th will be paid a $0.21 dividend. This is a boost from Bank Ozk’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Thursday, October 11th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.19%. Bank Ozk’s dividend payout ratio is currently 27.03%.
An institutional investor recently bought a new position in Bank Ozk stock. Oregon Public Employees Retirement Fund acquired a new stake in Bank Ozk (NASDAQ:OZK) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 47,485 shares of the company’s stock, valued at approximately $2,139,000. Institutional investors and hedge funds own 87.06% of the company’s stock.
Bank Ozk Company Profile
Bank OZK provides a range of retail and commercial banking services to businesses, individuals, and non-profit and governmental entities. The company accepts non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits.
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