Bank Of The Ozarks Inc (NASDAQ:OZRK) – Research analysts at SunTrust Banks upped their Q1 2019 earnings estimates for Bank Of The Ozarks in a report issued on Wednesday. SunTrust Banks analyst J. Demba now expects that the financial services provider will post earnings of $1.01 per share for the quarter, up from their previous forecast of $0.87. SunTrust Banks has a “Hold” rating and a $50.00 price objective on the stock. SunTrust Banks also issued estimates for Bank Of The Ozarks’ Q2 2019 earnings at $1.10 EPS, Q3 2019 earnings at $1.16 EPS and Q4 2019 earnings at $1.21 EPS.

Bank Of The Ozarks (NASDAQ:OZRK) last posted its earnings results on Wednesday, October 11th. The financial services provider reported $0.75 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.74 by $0.01. Bank Of The Ozarks had a return on equity of 11.85% and a net margin of 65.67%. The company had revenue of $242.47 million for the quarter, compared to analyst estimates of $243.67 million. During the same period last year, the company earned $0.66 earnings per share.

A number of other equities analysts have also commented on OZRK. Zacks Investment Research upgraded Bank Of The Ozarks from a “hold” rating to a “buy” rating and set a $55.00 price objective on the stock in a research note on Friday. Brean Capital reiterated a “buy” rating and issued a $65.00 price objective on shares of Bank Of The Ozarks in a research note on Tuesday. Barclays assumed coverage on Bank Of The Ozarks in a research note on Wednesday. They issued an “overweight” rating and a $60.00 price objective on the stock. Piper Jaffray Companies reiterated 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, Morgan Stanley reiterated an “overweight” rating and issued a $54.00 price objective on shares of Bank Of The Ozarks in a research note on Thursday, December 14th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the stock. Bank Of The Ozarks currently has an average rating of “Buy” and a consensus price target of $55.56.

Bank Of The Ozarks (NASDAQ OZRK) traded up $0.99 during trading on Friday, hitting $49.50. The stock had a trading volume of 1,566,000 shares, compared to its average volume of 1,087,600. The company has a market capitalization of $6,380.00, a price-to-earnings ratio of 18.27, a PEG ratio of 1.21 and a beta of 1.50. Bank Of The Ozarks has a twelve month low of $40.15 and a twelve month high of $56.86.

A number of institutional investors and hedge funds have recently modified their holdings of OZRK. BRYN MAWR TRUST Co boosted its holdings in Bank Of The Ozarks by 1.0% during the second quarter. BRYN MAWR TRUST Co now owns 7,764 shares of the financial services provider’s stock valued at $364,000 after purchasing an additional 75 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Bank Of The Ozarks by 1.6% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,778 shares of the financial services provider’s stock valued at $271,000 after purchasing an additional 92 shares in the last quarter. Suntrust Banks Inc. boosted its holdings in Bank Of The Ozarks by 7.4% during the second quarter. Suntrust Banks Inc. now owns 5,587 shares of the financial services provider’s stock valued at $261,000 after purchasing an additional 383 shares in the last quarter. MML Investors Services LLC boosted its holdings in Bank Of The Ozarks by 7.7% during the second quarter. MML Investors Services LLC now owns 5,573 shares of the financial services provider’s stock valued at $261,000 after purchasing an additional 400 shares in the last quarter. Finally, Advisor Group Inc. boosted its holdings in Bank Of The Ozarks by 8.4% during the second quarter. Advisor Group Inc. now owns 8,586 shares of the financial services provider’s stock valued at $371,000 after purchasing an additional 665 shares in the last quarter. Hedge funds and other institutional investors own 84.97% of the company’s stock.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 26th. Stockholders of record on Friday, January 19th will be paid a $0.19 dividend. The ex-dividend date of this dividend is Thursday, January 18th. This is a positive change from Bank Of The Ozarks’s previous quarterly dividend of $0.19. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.54%. Bank Of The Ozarks’s payout ratio is presently 27.31%.

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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.

Earnings History and Estimates for Bank Of The Ozarks (NASDAQ:OZRK)

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