BOK Financial Upgraded to Market Perform by BMO Capital Markets (BOKF)
BOK Financial (NASDAQ:BOKF) was upgraded by stock analysts at BMO Capital Markets from an “underperform” rating to a “market perform” rating in a report issued on Thursday, TheFlyOnTheWall.com reports. The firm currently has a $66.00 price target on the stock, up from their previous price target of $61.00. BMO Capital Markets’ price target would suggest a potential upside of 0.44% from the company’s current price.
Separately, analysts at Zacks reiterated a “neutral” rating on shares of BOK Financial in a research note on Friday, July 4th. They now have a $71.00 price target on the stock. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $69.00.
BOK Financial (NASDAQ:BOKF) traded down 0.80% during mid-day trading on Thursday, hitting $65.71. The stock had a trading volume of 67,555 shares. BOK Financial has a 52-week low of $60.59 and a 52-week high of $71.10. The stock has a 50-day moving average of $65.74 and a 200-day moving average of $65.53. The company has a market cap of $4.551 billion and a P/E ratio of 15.22.
BOK Financial (NASDAQ:BOKF) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $1.10 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.04 by $0.06. During the same quarter last year, the company posted $1.16 earnings per share. On average, analysts predict that BOK Financial will post $4.46 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, August 29th. Shareholders of record on Friday, August 15th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.43%. The ex-dividend date is Wednesday, August 13th.
BOK Financial Corporation, is a financial holding company. BOK Financial offers service banking in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri.
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