Shares of Bank of the Ozarks (NASDAQ:OZRK) have been given an average rating of “Hold” by the ten analysts that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $50.00.

A number of equities analysts have recently issued reports on OZRK shares. Brean Capital reissued a “buy” rating on shares of Bank of the Ozarks in a research note on Wednesday, August 2nd. Keefe, Bruyette & Woods set a $56.00 target price on Bank of the Ozarks and gave the company a “buy” rating in a report on Thursday, July 6th. Stephens reiterated a “buy” rating on shares of Bank of the Ozarks in a report on Wednesday, May 24th. BidaskClub upgraded Bank of the Ozarks from a “sell” rating to a “hold” rating in a report on Saturday, June 10th. Finally, Zacks Investment Research upgraded Bank of the Ozarks from a “sell” rating to a “hold” rating in a report on Monday, August 28th.

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Bank of the Ozarks (NASDAQ OZRK) opened at 40.94 on Friday. The stock has a market capitalization of $5.25 billion, a PE ratio of 14.40 and a beta of 1.53. The stock has a 50 day moving average price of $43.11 and a 200 day moving average price of $47.67. Bank of the Ozarks has a 52 week low of $35.53 and a 52 week high of $56.86.

Bank of the Ozarks (NASDAQ:OZRK) last posted its quarterly earnings data on Wednesday, July 12th. The financial services provider reported $0.73 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.73. Bank of the Ozarks had a return on equity of 11.75% and a net margin of 46.15%. The company had revenue of $237.30 million during the quarter, compared to analysts’ expectations of $232.85 million. During the same period last year, the firm earned $0.60 EPS. The firm’s revenue for the quarter was up 64.8% on a year-over-year basis. Equities analysts forecast that Bank of the Ozarks will post $2.97 EPS for the current year.

Several hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. raised its holdings in Bank of the Ozarks by 24,121.9% during the first quarter. BlackRock Inc. now owns 9,977,483 shares of the financial services provider’s stock worth $518,930,000 after purchasing an additional 9,936,291 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Bank of the Ozarks by 144.6% in the second quarter. Principal Financial Group Inc. now owns 3,138,880 shares of the financial services provider’s stock valued at $147,117,000 after buying an additional 1,855,697 shares in the last quarter. Epoch Investment Partners Inc. increased its holdings in shares of Bank of the Ozarks by 102.3% in the second quarter. Epoch Investment Partners Inc. now owns 1,958,988 shares of the financial services provider’s stock valued at $91,818,000 after buying an additional 990,815 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Bank of the Ozarks by 8.6% in the second quarter. Vanguard Group Inc. now owns 10,724,158 shares of the financial services provider’s stock valued at $502,641,000 after buying an additional 852,398 shares in the last quarter. Finally, FMR LLC increased its holdings in shares of Bank of the Ozarks by 18.0% in the first quarter. FMR LLC now owns 4,813,003 shares of the financial services provider’s stock valued at $250,325,000 after buying an additional 733,913 shares in the last quarter. Institutional investors and hedge funds own 87.90% of the company’s stock.

About Bank of the Ozarks

Bank of the Ozarks, Inc is a state chartered bank that provides retail and commercial banking services. Its deposit services include checking, savings, money market, time deposit and individual retirement accounts. Its loan services include various types of real estate, consumer, commercial, industrial and agricultural loans and various leasing services.

Analyst Recommendations for Bank of the Ozarks (NASDAQ:OZRK)

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