Bank Of The Ozarks Inc (OZRK) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Bank Of The Ozarks Inc (NASDAQ:OZRK) have received an average rating of “Hold” from the ten analysts that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $53.33.

Several analysts have recently commented on the company. Zacks Investment Research raised Bank Of The Ozarks from a “sell” rating to a “hold” rating in a research note on Friday. Morgan Stanley reissued an “overweight” rating and issued a $54.00 price objective on shares of Bank Of The Ozarks in a research note on Thursday. Brean Capital reissued a “buy” rating on shares of Bank Of The Ozarks in a research note on Wednesday, December 6th. Piper Jaffray Companies reissued an “overweight” rating and issued a $55.00 price objective on shares of Bank Of The Ozarks in a research note on Thursday, October 5th. Finally, ValuEngine downgraded Bank Of The Ozarks from a “buy” rating to a “hold” rating in a research note on Friday, September 1st.

Shares of Bank Of The Ozarks (OZRK) opened at $47.74 on Monday. The company has a market capitalization of $6,167.20, a P/E ratio of 16.29, a PEG ratio of 1.35 and a beta of 1.49. Bank Of The Ozarks has a 52 week low of $40.15 and a 52 week high of $56.86. The company has a quick ratio of 0.99, a current ratio of 0.93 and a debt-to-equity ratio of 0.07.

Bank Of The Ozarks (NASDAQ:OZRK) last issued its quarterly earnings data on Wednesday, October 11th. The financial services provider reported $0.75 EPS for the quarter, topping the consensus estimate of $0.74 by $0.01. The firm had revenue of $242.47 million during the quarter, compared to the consensus estimate 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 posted $0.66 earnings per share. equities research analysts predict that Bank Of The Ozarks will post 2.95 EPS for the current year.

Several institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of Bank Of The Ozarks by 8.6% during 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 acquiring an additional 852,398 shares during the last quarter. BlackRock Inc. increased its position in shares of Bank Of The Ozarks by 4.8% during the second quarter. BlackRock Inc. now owns 10,457,898 shares of the financial services provider’s stock valued at $490,162,000 after acquiring an additional 480,415 shares during the last quarter. State Street Corp increased its position in shares of Bank Of The Ozarks by 6.3% during the second quarter. State Street Corp now owns 6,091,667 shares of the financial services provider’s stock valued at $285,516,000 after acquiring an additional 363,391 shares during the last quarter. FMR LLC increased its position in shares of Bank Of The Ozarks by 4.1% during the second quarter. FMR LLC now owns 5,010,828 shares of the financial services provider’s stock valued at $234,858,000 after acquiring an additional 197,825 shares during the last quarter. Finally, Principal Financial Group Inc. increased its position in shares of Bank Of The Ozarks by 23.3% during the third quarter. Principal Financial Group Inc. now owns 3,870,471 shares of the financial services provider’s stock valued at $185,976,000 after acquiring an additional 731,591 shares during the last quarter. 86.28% of the stock is owned by institutional investors.

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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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