Bank Of The Ozarks Inc (NASDAQ:OZRK) – FIG Partners issued their FY2019 earnings estimates for Bank Of The Ozarks in a note issued to investors on Tuesday. FIG Partners analyst B. Martin forecasts that the financial services provider will post earnings per share of $4.49 for the year.

Bank Of The Ozarks (NASDAQ:OZRK) last posted its quarterly earnings results on Tuesday, January 16th. The financial services provider reported $0.75 EPS for the quarter, meeting the consensus estimate of $0.75. Bank Of The Ozarks had a return on equity of 11.85% and a net margin of 35.53%. The company had revenue of $245.04 million during the quarter, compared to analysts’ expectations of $249.84 million. During the same quarter in the previous year, the business earned $0.72 EPS.

A number of other brokerages have also recently issued reports on OZRK. Brean Capital reiterated a “buy” rating and set a $65.00 target price on shares of Bank Of The Ozarks in a report on Tuesday. Stephens reiterated a “hold” rating on shares of Bank Of The Ozarks in a report on Wednesday. Keefe, Bruyette & Woods reiterated a “market perform” rating on shares of Bank Of The Ozarks in a report on Wednesday. Zacks Investment Research upgraded Bank Of The Ozarks from a “hold” rating to a “buy” rating and set a $55.00 target price for the company in a report on Friday, January 5th. Finally, Barclays assumed coverage on Bank Of The Ozarks in a report on Wednesday, January 3rd. They set an “overweight” rating and a $60.00 target price for the company. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the stock. Bank Of The Ozarks currently has a consensus rating of “Hold” and a consensus target price of $55.56.

Shares of Bank Of The Ozarks (NASDAQ:OZRK) traded down $1.14 during trading hours on Wednesday, hitting $51.09. The stock had a trading volume of 2,047,434 shares, compared to its average volume of 1,290,000. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.12. Bank Of The Ozarks has a 1-year low of $40.15 and a 1-year high of $56.86. The stock has a market cap of $6,550.00, a PE ratio of 18.85, a P/E/G ratio of 1.16 and a beta of 1.50.

The business also recently declared a quarterly dividend, which will be paid on Friday, January 26th. Shareholders of record on Friday, January 19th will be issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date is Thursday, January 18th. This is a boost from Bank Of The Ozarks’s previous quarterly dividend of $0.19. Bank Of The Ozarks’s dividend payout ratio is currently 27.31%.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OZRK. Riverhead Capital Management LLC boosted its holdings in Bank Of The Ozarks by 306.7% in the 2nd quarter. Riverhead Capital Management LLC now owns 11,793 shares of the financial services provider’s stock worth $553,000 after acquiring an additional 8,893 shares during the period. TIAA CREF Investment Management LLC boosted its holdings in Bank Of The Ozarks by 33.4% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 338,621 shares of the financial services provider’s stock worth $15,871,000 after acquiring an additional 84,715 shares during the period. Ameriprise Financial Inc. boosted its holdings in Bank Of The Ozarks by 3.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,183,865 shares of the financial services provider’s stock worth $55,486,000 after acquiring an additional 41,961 shares during the period. BlackRock Inc. boosted its holdings in Bank Of The Ozarks by 4.8% in the 2nd quarter. BlackRock Inc. now owns 10,457,898 shares of the financial services provider’s stock worth $490,162,000 after acquiring an additional 480,415 shares during the period. Finally, Amalgamated Bank boosted its holdings in Bank Of The Ozarks by 87.0% in the 2nd quarter. Amalgamated Bank now owns 22,847 shares of the financial services provider’s stock worth $1,071,000 after acquiring an additional 10,627 shares during the period. Hedge funds and other institutional investors own 86.21% of the company’s stock.

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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.

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

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