Bank Of The Ozarks Given Consensus Recommendation of “Buy” by Brokerages (NASDAQ:OZRK)
Shares of Bank Of The Ozarks (NASDAQ:OZRK) have been given an average recommendation of “Buy” by the eight brokerages that are currently covering the company, AR Network reports. Four investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $35.64.
Several analysts have recently commented on the stock. Analysts at Drexel Hamilton initiated coverage on shares of Bank Of The Ozarks in a research note on Wednesday. They set a “buy” rating and a $38.00 price target on the stock. Separately, analysts at Zacks upgraded shares of Bank Of The Ozarks from a “neutral” rating to an “outperform” rating in a research note on Monday, August 4th. They now have a $35.50 price target on the stock. Finally, analysts at SunTrust reiterated a “neutral” rating on shares of Bank Of The Ozarks in a research note on Monday, August 4th. They now have a $36.00 price target on the stock, up previously from $35.00.
Shares of Bank Of The Ozarks (NASDAQ:OZRK) traded down 0.05% on Wednesday, hitting $32.045. The stock had a trading volume of 46,267 shares. Bank Of The Ozarks has a 1-year low of $22.525 and a 1-year high of $35.245. The stock has a 50-day moving average of $31.78 and a 200-day moving average of $31.66. The company has a market cap of $2.553 billion and a P/E ratio of 24.38.
Bank Of The Ozarks (NASDAQ:OZRK) last posted its quarterly earnings results on Monday, July 14th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.01. During the same quarter in the previous year, the company posted $0.29 earnings per share. Analysts expect that Bank Of The Ozarks will post $1.46 EPS for the current fiscal year.
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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