Bank of Hawaii Receives Average Recommendation of “Hold” from Brokerages (NYSE:BOH)
Shares of Bank of Hawaii (NYSE:BOH) have been given a consensus recommendation of “Hold” by the ten brokerages that are presently covering the stock, Analyst Ratings Network reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $56.37.
Bank of Hawaii (NYSE:BOH) traded up 0.09% during mid-day trading on Thursday, hitting $55.47. The stock had a trading volume of 12,420 shares. Bank of Hawaii has a one year low of $48.55 and a one year high of $61.73. The stock’s 50-day moving average is $58.06 and its 200-day moving average is $58.12. The company has a market cap of $2.464 billion and a P/E ratio of 16.11.
Bank of Hawaii (NYSE:BOH) last released its earnings data on Monday, April 21st. The company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.01. During the same quarter in the previous year, the company posted $0.81 earnings per share. On average, analysts predict that Bank of Hawaii will post $3.62 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, June 13th. Stockholders of record on Friday, May 30th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date of this dividend is Wednesday, May 28th.
In other Bank of Hawaii news, Director Martin Stein sold 3,000 shares of Bank of Hawaii stock on the open market in a transaction dated Thursday, April 24th. The stock was sold at an average price of $57.10, for a total transaction of $171,300.00. Following the sale, the director now directly owns 12,900 shares of the company’s stock, valued at approximately $736,590. The transaction was disclosed in a document filed with the SEC, which is available at this link.
A number of research firms have recently commented on BOH. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Bank of Hawaii from $60.00 to $62.00 in a research note on Tuesday, April 22nd. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Bank of Hawaii in a research note on Tuesday, April 22nd. They now have a $64.00 price target on the stock, down previously from $66.00. Finally, analysts at Barclays raised their price target on shares of Bank of Hawaii from $63.00 to $67.00 in a research note on Wednesday, April 9th. They now have an “overweight” rating on the stock.
Bank of Hawaii Corporation is a bank holding company. The Company’s operating subsidiary is Bank of Hawaii (NYSE:BOH).
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