Bank of the Ozarks (OZRK) Set to Announce Quarterly Earnings on Monday
Bank of the Ozarks (NASDAQ:OZRK) is scheduled to be announcing its Q114 earnings results on Monday, April 14th. Analysts expect the company to announce earnings of $0.64 per share and revenue of $74.70 million for the quarter.
Bank of the Ozarks (NASDAQ:OZRK) last announced its earnings results on Thursday, January 16th. The company reported $0.66 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.65 by $0.01. The company had revenue of $73.87 million for the quarter, compared to the consensus estimate of $72.40 million. During the same quarter in the prior year, the company posted $0.59 earnings per share. The company’s quarterly revenue was up 18.0% on a year-over-year basis. On average, analysts expect Bank of the Ozarks to post $2.81 EPS for the current fiscal year and $3.28 EPS for the next fiscal year.
Shares of Bank of the Ozarks (NASDAQ:OZRK) opened at 63.29 on Friday. Bank of the Ozarks has a one year low of $39.45 and a one year high of $70.49. The stock’s 50-day moving average is $65.93 and its 200-day moving average is $57.06. The company has a market cap of $2.335 billion and a P/E ratio of 27.24.
The company also recently announced a quarterly dividend, which is scheduled for Friday, April 18th. Investors of record on Friday, April 11th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.45%. The ex-dividend date is Wednesday, April 9th. This is an increase from Bank of the Ozarks’s previous quarterly dividend of $0.22.
OZRK has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Bank of the Ozarks from a “neutral” rating to an “outperform” rating in a research note on Wednesday, March 19th. They now have a $71.80 price target on the stock. Analysts at Wunderlich raised their price target on shares of Bank of the Ozarks from $55.00 to $60.00 in a research note on Monday, February 3rd. They now have a “hold” rating on the stock. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $55.76.
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).
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