Bank of the Ozarks (NASDAQ:OZRK) – FIG Partners raised their Q3 2017 earnings estimates for shares of Bank of the Ozarks in a research report issued to clients and investors on Wednesday. FIG Partners analyst B. Martin now forecasts that the financial services provider will earn $0.74 per share for the quarter, up from their prior estimate of $0.73.

Several other research analysts have also recently commented on the stock. Piper Jaffray Companies restated an “overweight” rating and issued a $55.00 target price on shares of Bank of the Ozarks in a research report on Thursday, October 5th. Zacks Investment Research upgraded shares of Bank of the Ozarks from a “sell” rating to a “hold” rating in a research report on Tuesday, October 3rd. ValuEngine cut shares of Bank of the Ozarks from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. BidaskClub upgraded shares of Bank of the Ozarks from a “strong sell” rating to a “sell” rating in a research report on Friday, August 4th. Finally, Stephens set a $48.00 target price on shares of Bank of the Ozarks and gave the stock a “hold” rating in a research report on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. Bank of the Ozarks presently has an average rating of “Hold” and a consensus target price of $52.57.

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Shares of Bank of the Ozarks (NASDAQ:OZRK) opened at 46.38 on Thursday. The company has a 50-day moving average of $44.71 and a 200-day moving average of $46.32. The firm has a market cap of $5.94 billion, a P/E ratio of 16.26 and a beta of 1.54. Bank of the Ozarks has a 12 month low of $35.53 and a 12 month high of $56.86.

Bank of the Ozarks (NASDAQ:OZRK) last announced its quarterly earnings data on Wednesday, October 11th. The financial services provider reported $0.75 EPS for the quarter, beating the Zacks’ consensus estimate of $0.74 by $0.01. Bank of the Ozarks had a net margin of 46.15% and a return on equity of 11.75%. During the same period in the prior year, the company earned $0.66 earnings per share.

Institutional investors have recently bought and sold shares of the company. Exane Derivatives bought a new position in shares of Bank of the Ozarks in the second quarter valued at approximately $119,000. V Wealth Management LLC bought a new position in shares of Bank of the Ozarks in the second quarter valued at approximately $174,000. BB&T Investment Services Inc. bought a new position in shares of Bank of the Ozarks in the second quarter valued at approximately $190,000. Opus Capital Group LLC bought a new position in shares of Bank of the Ozarks in the second quarter valued at approximately $203,000. Finally, Cigna Investments Inc. New bought a new position in shares of Bank of the Ozarks in the second quarter valued at approximately $221,000. Institutional investors and hedge funds own 86.64% of the company’s stock.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, October 13th will be issued a $0.185 dividend. The ex-dividend date of this dividend is Thursday, October 12th. This is a boost from Bank of the Ozarks’s previous quarterly dividend of $0.18. This represents a $0.74 annualized dividend and a dividend yield of 1.60%. Bank of the Ozarks’s dividend payout ratio (DPR) is 25.35%.

Bank of the Ozarks Company Profile

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.

Earnings History and Estimates for Bank of the Ozarks (NASDAQ:OZRK)

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