Southwest Bancorp Inc. (NASDAQ:OKSB) Given Consensus Recommendation of “Hold” by Analysts
Southwest Bancorp Inc. (NASDAQ:OKSB) has been assigned a consensus recommendation of “Hold” from the six research firms that are presently covering the stock. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $19.20.
Several research firms have recently issued reports on OKSB. Hovde Group lowered shares of Southwest Bancorp from an “outperform” rating to a “market perform” rating and set a $21.00 price objective for the company. in a research report on Friday, September 9th. TheStreet raised shares of Southwest Bancorp from a “hold” rating to a “buy” rating in a report on Friday, June 3rd. Finally, Zacks Investment Research raised shares of Southwest Bancorp from a “strong sell” rating to a “hold” rating and set a $18.00 price target for the company in a report on Wednesday, June 22nd.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Advisors LLC increased its position in Southwest Bancorp by 3.9% in the second quarter. BlackRock Advisors LLC now owns 9,652 shares of the company’s stock worth $163,000 after buying an additional 364 shares during the period. Alliancebernstein L.P. bought a new position in Southwest Bancorp during the second quarter worth approximately $174,000. Strs Ohio increased its position in Southwest Bancorp by 8.7% in the second quarter. Strs Ohio now owns 12,500 shares of the company’s stock worth $211,000 after buying an additional 1,000 shares during the period. Virginia Retirement Systems ET AL bought a new position in Southwest Bancorp during the second quarter worth approximately $218,000. Finally, Virginia Retirement System bought a new position in Southwest Bancorp during the first quarter worth approximately $318,000. Hedge funds and other institutional investors own 79.68% of the company’s stock.
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Shares of Southwest Bancorp (NASDAQ:OKSB) traded up 0.54% during midday trading on Tuesday, reaching $18.77. 6,935 shares of the company were exchanged. Southwest Bancorp has a 52-week low of $14.00 and a 52-week high of $19.97. The company has a market capitalization of $350.79 million, a PE ratio of 22.86 and a beta of 1.09. The stock’s 50-day moving average price is $19.25 and its 200-day moving average price is $17.08.
Southwest Bancorp (NASDAQ:OKSB) last released its quarterly earnings data on Tuesday, July 19th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.04. Southwest Bancorp had a net margin of 16.09% and a return on equity of 5.60%. Analysts anticipate that Southwest Bancorp will post $0.92 EPS for the current year.
Southwest Bancorp Company Profile
Southwest Bancorp, Inc is a financial holding company. The Company operates through four segments: Oklahoma Banking, Texas Banking, Kansas Banking and Other Operations. The Oklahoma Banking segment provides deposit and lending services and consists of residential mortgage lending services to customers.
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