Bank Of The Ozarks Inc (NASDAQ:OZRK) – Analysts at FIG Partners increased their Q4 2017 earnings estimates for shares of Bank Of The Ozarks in a research note issued to investors on Tuesday. FIG Partners analyst B. Martin now forecasts that the financial services provider will post earnings of $0.75 per share for the quarter, up from their prior estimate of $0.74. FIG Partners also issued estimates for Bank Of The Ozarks’ Q1 2018 earnings at $0.85 EPS, Q2 2018 earnings at $0.88 EPS, Q3 2018 earnings at $0.96 EPS and Q4 2018 earnings at $1.02 EPS.

Bank Of The Ozarks (NASDAQ:OZRK) last released its quarterly earnings data on Tuesday, January 16th. The financial services provider reported $0.75 EPS for the quarter, meeting the consensus estimate of $0.75. The business had revenue of $245.04 million for the quarter, compared to the consensus estimate of $249.84 million. Bank Of The Ozarks had a net margin of 35.53% and a return on equity of 11.78%. During the same period in the prior year, the firm earned $0.72 EPS.

OZRK has been the topic of several other reports. Brean Capital reaffirmed a “buy” rating on shares of Bank Of The Ozarks in a report on Monday, October 30th. Piper Jaffray Companies reiterated an “overweight” rating and issued a $55.00 target price on shares of Bank Of The Ozarks in a research note on Thursday, October 5th. Zacks Investment Research upgraded shares of Bank Of The Ozarks from a “hold” rating to a “buy” rating and set a $55.00 target price for the company in a research note on Friday, January 5th. SunTrust Banks reiterated a “hold” rating and issued a $50.00 target price on shares of Bank Of The Ozarks in a research note on Thursday, October 12th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $54.00 target price on shares of Bank Of The Ozarks in a research note on Thursday, December 14th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $55.56.

Shares of Bank Of The Ozarks (NASDAQ OZRK) opened at $51.09 on Thursday. The company has a market cap of $6,694.84, a price-to-earnings ratio of 15.25, a PEG ratio of 1.15 and a beta of 1.49. 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 twelve month low of $40.15 and a twelve month high of $56.86.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 26th. Investors of record on Friday, January 19th will be paid a $0.19 dividend. 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 dividend yield of 1.49%. The ex-dividend date of this dividend is Thursday, January 18th. Bank Of The Ozarks’s payout ratio is currently 22.09%.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Willingdon Wealth Management acquired a new position in shares of Bank Of The Ozarks in the 3rd quarter valued at $104,000. BB&T Investment Services Inc. acquired a new position in Bank Of The Ozarks during the second quarter worth $190,000. Cadence Capital Management LLC acquired a new position in Bank Of The Ozarks during the third quarter worth $202,000. Dorsey & Whitney Trust CO LLC acquired a new position in Bank Of The Ozarks during the third quarter worth $217,000. Finally, First Allied Advisory Services Inc. acquired a new position in Bank Of The Ozarks during the second quarter worth $237,000. 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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