Bank of the Ozarks (NASDAQ:OZRK)‘s stock had its “buy” rating reaffirmed by equities research analysts at Brean Capital in a report released on Monday.

A number of other research firms have also recently issued reports on OZRK. Zacks Investment Research upgraded Bank of the Ozarks from a “sell” rating to a “hold” rating in a report on Tuesday, October 3rd. Piper Jaffray Companies reiterated an “overweight” rating and issued a $55.00 target price on shares of Bank of the Ozarks in a report on Thursday, October 5th. Stephens set a $48.00 target price on Bank of the Ozarks and gave the stock a “hold” rating in a report on Friday, July 28th. BidaskClub cut Bank of the Ozarks from a “sell” rating to a “strong sell” rating in a report on Thursday, July 27th. Finally, Keefe, Bruyette & Woods set a $56.00 price objective on Bank of the Ozarks and gave the company a “buy” rating in a research note on Thursday, July 6th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $54.13.

Shares of Bank of the Ozarks (OZRK) traded down 2.93% during mid-day trading on Monday, hitting $45.71. 1,222,200 shares of the stock were exchanged. The company’s 50-day moving average is $45.47 and its 200-day moving average is $46.00. The firm has a market cap of $5.86 billion, a price-to-earnings ratio of 15.58 and a beta of 1.54. Bank of the Ozarks has a 1-year low of $35.53 and a 1-year high of $56.86.

Bank of the Ozarks (NASDAQ:OZRK) last posted its quarterly earnings results on Wednesday, October 11th. The financial services provider reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.01. The firm had revenue of $242.47 million for the quarter, compared to analysts’ expectations of $243.67 million. Bank of the Ozarks had a return on equity of 11.85% and a net margin of 65.67%. During the same period in the prior year, the business earned $0.66 EPS. Equities research analysts anticipate that Bank of the Ozarks will post $2.96 earnings per share for the current fiscal year.

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Institutional investors and hedge funds have recently made changes to their positions in the stock. First Midwest Bank Trust Division grew its holdings in Bank of the Ozarks by 0.4% during the 2nd quarter. First Midwest Bank Trust Division now owns 33,502 shares of the financial services provider’s stock valued at $1,570,000 after buying an additional 143 shares in the last quarter. American Century Companies Inc. grew its holdings in Bank of the Ozarks by 15.0% during the 2nd quarter. American Century Companies Inc. now owns 1,155,532 shares of the financial services provider’s stock valued at $54,160,000 after buying an additional 150,562 shares in the last quarter. Schwab Charles Investment Management Inc. grew its holdings in Bank of the Ozarks by 4.6% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 527,393 shares of the financial services provider’s stock valued at $27,430,000 after buying an additional 23,322 shares in the last quarter. Principal Financial Group Inc. grew its holdings in Bank of the Ozarks by 144.6% during the 2nd 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. Finally, BlackRock Inc. grew its holdings in Bank of the Ozarks by 4.8% during the 2nd quarter. BlackRock Inc. now owns 10,457,898 shares of the financial services provider’s stock valued at $490,162,000 after buying an additional 480,415 shares in the last quarter. 86.43% of the stock is owned by institutional investors.

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.

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

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