Bank of the Ozarks (OZRK) to Release Quarterly Earnings on Thursday
Bank of the Ozarks (NASDAQ:OZRK) is scheduled to issue its Q313 quarterly earnings data on Thursday, October 10th. Analysts expect the company to announce earnings of $0.60 per share and revenue of $69.57 million for the quarter.
Bank of the Ozarks (NASDAQ:OZRK) last posted its quarterly earnings results on Thursday, July 11th. The company reported $0.57 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.57. During the same quarter last year, the company posted $0.55 earnings per share.
Shares of Bank of the Ozarks (NASDAQ:OZRK) opened at 46.17 on Wednesday. Bank of the Ozarks has a 52-week low of $30.76 and a 52-week high of $48.94. The stock has a 50-day moving average of $47.22 and a 200-day moving average of $44.89. The company has a market cap of $1.636 billion and a P/E ratio of 20.39.
The company also recently declared a quarterly dividend, which is scheduled for Friday, October 18th. Stockholders of record on Friday, October 11th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date of this dividend is Wednesday, October 9th. This is a boost from Bank of the Ozarks’s previous quarterly dividend of $0.19.
Several analysts have recently commented on the stock. Analysts at SunTrust downgraded shares of Bank of the Ozarks from a “buy” rating to a “neutral” rating in a research note to investors on Friday, September 6th. They now have a $49.00 price target on the stock, up previously from $46.00. On the ratings front, analysts at Raymond James raised their price target on shares of Bank of the Ozarks from $48.00 to $50.00 in a research note to investors on Monday, July 15th. Finally, analysts at Raymond James reiterated a “buy” rating on shares of Bank of the Ozarks in a research note to investors on Friday, July 12th. They now have a $48.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating, The stock presently has an average rating of “Hold” and a consensus price target of $45.50.
Bank of the Ozarks, Inc is a bank holding company. The Company owns an Arkansas state chartered subsidiary bank, Bank of the Ozarks (NASDAQ:OZRK).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.