Southwest Bancorp, Inc. Plans Quarterly Dividend of $0.08 (NASDAQ:OKSB)
Southwest Bancorp, Inc. (NASDAQ:OKSB) declared a quarterly dividend on Wednesday, July 26th, Wall Street Journal reports. Shareholders of record on Friday, August 4th will be given a dividend of 0.08 per share by the bank on Friday, August 18th. This represents a $0.32 annualized dividend and a yield of 1.23%. The ex-dividend date is Wednesday, August 2nd.
Southwest Bancorp (NASDAQ:OKSB) traded down 0.96% during trading on Wednesday, reaching $25.75. The company’s stock had a trading volume of 24,827 shares. Southwest Bancorp has a 1-year low of $17.07 and a 1-year high of $29.70. The stock has a market capitalization of $481.19 million, a PE ratio of 23.32 and a beta of 0.98. The stock has a 50 day moving average price of $25.34 and a 200 day moving average price of $26.20.
Southwest Bancorp (NASDAQ:OKSB) last posted its quarterly earnings data on Tuesday, July 25th. The bank reported $0.31 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.31. Southwest Bancorp had a return on equity of 7.38% and a net margin of 19.60%. The company had revenue of $25.89 million during the quarter, compared to analysts’ expectations of $24.97 million. During the same period last year, the firm earned $0.28 EPS. Analysts anticipate that Southwest Bancorp will post $1.22 earnings per share for the current fiscal year.
Several research firms have recently commented on OKSB. Stephens reissued a “hold” rating on shares of Southwest Bancorp in a report on Tuesday. UBS AG raised Southwest Bancorp from an “underperform” rating to a “market perform” rating in a report on Wednesday, July 5th. Zacks Investment Research raised Southwest Bancorp from a “hold” rating to a “buy” rating and set a $29.00 price target for the company in a report on Tuesday, July 4th. Sandler O’Neill raised Southwest Bancorp from a “hold” rating to a “buy” rating in a report on Wednesday, April 26th. Finally, Raymond James Financial, Inc. raised Southwest Bancorp from an “underperform” rating to a “market perform” rating in a report on Wednesday, July 5th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $25.00.
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Southwest Bancorp Company Profile
Southwest Bancorp, Inc is a financial holding company. The Company operates in 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. The Texas Banking segment and the Kansas Banking segment provide deposit and lending services.
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