Southwest Bancorp Upgraded to Outperform by FIG Partners (OKSB)
Southwest Bancorp (NASDAQ:OKSB) was upgraded by stock analysts at FIG Partners to an “outperform” rating in a report issued on Wednesday, StockRatingsNetwork.com reports.
Southwest Bancorp (NASDAQ:OKSB) traded up 6.90% during mid-day trading on Wednesday, hitting $18.43. 142,598 shares of the company’s stock traded hands. Southwest Bancorp has a 1-year low of $11.78 and a 1-year high of $17.30. The stock’s 50-day moving average is $16.29 and its 200-day moving average is $15.48. The company has a market cap of $363.1 million and a P/E ratio of 29.42.
Southwest Bancorp (NASDAQ:OKSB) last issued its quarterly earnings data on Tuesday, January 21st. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.15. During the same quarter in the previous year, the company posted $0.05 earnings per share. Analysts expect that Southwest Bancorp will post $0.73 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, February 14th. Stockholders of record on Monday, February 3rd will be given a dividend of 0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date of this dividend is Thursday, January 30th.
A number of other firms have also recently commented on OKSB. Analysts at Sandler O’Neill initiated coverage on shares of Southwest Bancorp in a research note to investors on Thursday, January 9th. They set a “buy” rating on the stock. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Southwest Bancorp from $16.00 to $16.50 in a research note to investors on Thursday, October 24th. They now have a “market perform” rating on the stock. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $16.70.
Southwest Bancorp Inc (NASDAQ:OKSB) is the bank holding company for the Stillwater National Bank and Trust Company (Stillwater National) and Bank of Kansas.
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