Bank Ozk (NASDAQ:OZK) is scheduled to post its quarterly earnings results after the market closes on Wednesday, April 17th. Analysts expect Bank Ozk to post earnings of $0.85 per share for the quarter.
Bank Ozk (NASDAQ:OZK) last issued its quarterly earnings data on Thursday, January 17th. The company reported $0.89 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.83 by $0.06. The business had revenue of $255.94 million for the quarter, compared to the consensus estimate of $246.08 million. Bank Ozk had a return on equity of 11.45% and a net margin of 34.51%. On average, analysts expect Bank Ozk to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Get Bank Ozk alerts: Shares of Bank Ozk stock opened at $30.81 on Monday. The firm has a market cap of $3.90 billion, a P/E ratio of 9.51, a price-to-earnings-growth ratio of 0.73 and a beta of 1.92. Bank Ozk has a 12 month low of $21.02 and a 12 month high of $50.39. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.96 and a current ratio of 0.96.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 22nd. Investors of record on Monday, April 15th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 2.99%. The ex-dividend date of this dividend is Friday, April 12th. This is an increase from Bank Ozk’s previous quarterly dividend of $0.22. Bank Ozk’s dividend payout ratio (DPR) is presently 27.16%.
Several analysts recently commented on the company. downgraded Bank Ozk from a “buy” rating to a “hold” rating Friday, April 5th. Brean Capital reaffirmed a “buy” rating on shares of Bank Ozk Tuesday, February 26th. Stephens set a $36.00 price objective on Bank Ozk and gave the stock a “hold” rating Monday, March 25th. SunTrust Banks increased their target price on Bank Ozk to $35.00 and gave the stock a “hold” rating in a report on Tuesday, January 22nd. Finally, Barclays increased their target price on Bank Ozk from $28.00 to $36.00 and gave the stock an “overweight” rating in a report on Tuesday, January 22nd. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $32.73.
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About Bank Ozk
Bank OZK provides 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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