FIG Partners Downgrades Southwest Bancorp to Market Perform (OKSB)
Southwest Bancorp (NASDAQ:OKSB) was downgraded by equities researchers at FIG Partners to a “market perform” rating in a research report issued on Thursday, Analyst Ratings Network.com reports.
Shares of Southwest Bancorp (NASDAQ:OKSB) traded up 0.96% during mid-day trading on Thursday, hitting $15.73. The stock had a trading volume of 2,125 shares. Southwest Bancorp has a 52-week low of $9.57 and a 52-week high of $16.18. The stock’s 50-day moving average is $15.11 and its 200-day moving average is $13.83. The company has a market cap of $309.8 million and a price-to-earnings ratio of 25.25.
Southwest Bancorp (NASDAQ:OKSB) last posted its quarterly earnings results on Tuesday, October 22nd. The company reported $0.19 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.16 by $0.03. During the same quarter in the prior year, the company posted $0.22 earnings per share. On average, analysts predict that Southwest Bancorp will post $0.69 earnings per share for the current fiscal year.
OKSB has been the subject of a number of other recent research reports. Analysts at Zacks downgraded shares of Southwest Bancorp from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday, September 26th. They now have a $16.90 price target on the stock. Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of Southwest Bancorp from $14.00 to $16.00 in a research note to investors on Monday, July 29th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $15.97.
Southwest Bancorp Inc (NASDAQ:OKSB) is the bank holding company for the Stillwater National Bank and Trust Company (Stillwater National) and Bank of Kansas.
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.