Bank Of The Ozarks Inc (NASDAQ:OZRK) – Equities research analysts at SunTrust Banks raised their Q1 2019 earnings per share estimates for Bank Of The Ozarks in a note issued to investors on Tuesday. SunTrust Banks analyst J. Demba now expects that the financial services provider will post earnings per share of $1.02 for the quarter, up from their previous estimate of $1.01. SunTrust Banks has a “Hold” rating and a $50.00 price target on the stock.

OZRK has been the topic of a number of other reports. Zacks Investment Research raised Bank Of The Ozarks from a “sell” rating to a “hold” rating in a research report on Tuesday, October 3rd. Morgan Stanley reissued an “overweight” rating and issued a $54.00 price target on shares of Bank Of The Ozarks in a research report on Thursday, December 14th. Barclays assumed coverage on Bank Of The Ozarks in a research report on Wednesday, January 3rd. They issued an “overweight” rating and a $60.00 price target on the stock. Raymond James Financial dropped their price target on Bank Of The Ozarks from $59.00 to $57.00 and set an “outperform” rating on the stock in a research report on Thursday, October 12th. Finally, Brean Capital reaffirmed a “buy” rating and issued a $65.00 price objective on shares of Bank Of The Ozarks in a research report on Tuesday, January 2nd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $55.56.

Shares of Bank Of The Ozarks (OZRK) traded up $0.13 on Thursday, hitting $51.22. The stock had a trading volume of 1,477,058 shares, compared to its average volume of 1,591,042. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.99 and a current ratio of 0.99. Bank Of The Ozarks has a 12-month low of $40.15 and a 12-month high of $56.86. The company has a market cap of $6,570.00, a PE ratio of 18.90, a P/E/G ratio of 1.15 and a beta of 1.50.

Bank Of The Ozarks (NASDAQ:OZRK) last issued its quarterly earnings results on Tuesday, January 16th. The financial services provider reported $0.75 EPS for the quarter, hitting analysts’ consensus estimates of $0.75. Bank Of The Ozarks had a return on equity of 11.78% and a net margin of 35.53%. The firm had revenue of $245.04 million for the quarter, compared to analysts’ expectations of $249.84 million. During the same period in the previous year, the firm posted $0.72 EPS.

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Bank Of The Ozarks by 8.6% in the 2nd 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 in the last quarter. BlackRock Inc. lifted its position 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 valued at $490,162,000 after acquiring an additional 480,415 shares in the last quarter. State Street Corp lifted its position in Bank Of The Ozarks by 6.3% in the 2nd 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 in the last quarter. FMR LLC lifted its position in Bank Of The Ozarks by 4.1% in the 2nd 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 in the last quarter. Finally, Principal Financial Group Inc. lifted its position in Bank Of The Ozarks by 23.3% in the 3rd 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 in the last quarter. 86.21% of the stock is currently owned by institutional investors and hedge funds.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 26th. Investors of record on Friday, January 19th will be given a $0.19 dividend. The ex-dividend date of this dividend is Thursday, January 18th. This is a boost from Bank Of The Ozarks’s previous quarterly dividend of $0.19. This represents a $0.76 annualized dividend and a yield of 1.48%. Bank Of The Ozarks’s dividend payout ratio is 27.31%.

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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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