Southwest Bancorp Inc. (OKSB) Scheduled to Post Quarterly Earnings on Tuesday
Southwest Bancorp Inc. (NASDAQ:OKSB) is set to issue its quarterly earnings data after the market closes on Tuesday, October 18th. Analysts expect the company to announce earnings of $0.27 per share for the quarter.
Southwest Bancorp (NASDAQ:OKSB) last issued its earnings results on Tuesday, July 19th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.24 by $0.04. Southwest Bancorp had a return on equity of 5.60% and a net margin of 16.09%. On average, analysts expect Southwest Bancorp to post $0.92 EPS for the current fiscal year and $1.15 EPS for the next fiscal year.
Southwest Bancorp Inc. (NASDAQ:OKSB) opened at 18.50 on Monday. The company has a 50-day moving average price of $18.96 and a 200 day moving average price of $17.45. The company has a market capitalization of $345.75 million, a PE ratio of 22.53 and a beta of 0.95. Southwest Bancorp Inc. has a 12 month low of $14.00 and a 12 month high of $19.97.
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OKSB has been the topic of several recent analyst reports. Hovde Group lowered Southwest Bancorp from an “outperform” rating to a “market perform” rating and set a $21.00 price target on the stock. in a research report on Friday, September 9th. Zacks Investment Research lowered Southwest Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, September 21st. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $19.20.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Banc Funds Co. LLC raised its position in Southwest Bancorp by 27.2% in the second quarter. Banc Funds Co. LLC now owns 1,141,867 shares of the company’s stock worth $19,332,000 after buying an additional 244,146 shares during the last quarter. Penn Capital Management Co. Inc. raised its position in Southwest Bancorp by 2.0% in the second quarter. Penn Capital Management Co. Inc. now owns 304,537 shares of the company’s stock worth $5,156,000 after buying an additional 6,012 shares during the last quarter. Alliancebernstein L.P. acquired a new position in Southwest Bancorp during the second quarter worth $174,000. BlackRock Investment Management LLC raised its position in Southwest Bancorp by 6.3% in the second quarter. BlackRock Investment Management LLC now owns 77,805 shares of the company’s stock worth $1,317,000 after buying an additional 4,579 shares during the last quarter. Finally, BlackRock Advisors LLC raised 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 last quarter. 79.68% of the stock is currently owned by institutional investors and hedge funds.
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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