Bank Of The Ozarks Inc (NASDAQ:OZRK) – Equities researchers at SunTrust Banks cut their Q1 2018 earnings estimates for Bank Of The Ozarks in a research note issued to investors on Tuesday. SunTrust Banks analyst J. Demba now expects that the financial services provider will earn $0.86 per share for the quarter, down from their previous estimate of $0.88. SunTrust Banks currently has a “Hold” rating and a $50.00 price target on the stock. SunTrust Banks also issued estimates for Bank Of The Ozarks’ Q2 2018 earnings at $0.92 EPS, Q3 2018 earnings at $0.97 EPS, Q4 2018 earnings at $1.00 EPS, FY2018 earnings at $3.75 EPS, Q2 2019 earnings at $1.07 EPS, Q3 2019 earnings at $1.13 EPS, Q4 2019 earnings at $1.18 EPS and FY2019 earnings at $4.40 EPS.

Bank Of The Ozarks (NASDAQ:OZRK) last announced its quarterly earnings data on Tuesday, January 16th. The financial services provider reported $0.75 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.75. The business had revenue of $245.04 million for the quarter, compared to analyst estimates of $249.84 million. Bank Of The Ozarks had a return on equity of 11.50% and a net margin of 35.53%. During the same period in the prior year, the company earned $0.72 earnings per share.

Other analysts have also issued reports about the company. Brean Capital reaffirmed a “buy” rating on shares of Bank Of The Ozarks in a report on Wednesday, December 6th. Zacks Investment Research raised Bank Of The Ozarks from a “hold” rating to a “buy” rating and set a $55.00 target price on the stock in a report on Tuesday, December 26th. Finally, Stephens reaffirmed a “hold” rating on shares of Bank Of The Ozarks in a report on Wednesday. One analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $55.56.

Shares of Bank Of The Ozarks (OZRK) traded up $0.13 during mid-day trading on Friday, hitting $51.22. The stock had a trading volume of 1,477,000 shares, compared to its average volume of 1,591,042. The firm has a market capitalization of $6,570.00, a price-to-earnings ratio of 18.90, a PEG ratio of 1.13 and a beta of 1.50. Bank Of The Ozarks has a fifty-two week low of $40.15 and a fifty-two week high of $56.86. The company has a quick ratio of 0.99, a current ratio of 0.92 and a debt-to-equity ratio of 0.11.

A number of institutional investors have recently bought and sold shares of the stock. Epoch Investment Partners Inc. boosted its position in Bank Of The Ozarks by 93.2% during the third quarter. Epoch Investment Partners Inc. now owns 3,785,464 shares of the financial services provider’s stock worth $181,892,000 after purchasing an additional 1,826,476 shares in the last quarter. Vanguard Group Inc. boosted its position in 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 worth $502,641,000 after purchasing an additional 852,398 shares in the last quarter. Principal Financial Group Inc. boosted its position in 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 worth $185,976,000 after purchasing an additional 731,591 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its position in Bank Of The Ozarks by 135.8% during the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 974,224 shares of the financial services provider’s stock worth $46,812,000 after purchasing an additional 561,118 shares in the last quarter. Finally, BlackRock Inc. boosted its position in 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 worth $490,162,000 after purchasing an additional 480,415 shares in the last quarter. 86.21% of the stock is currently owned by hedge funds and other institutional investors.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 26th. Investors of record on Friday, January 19th will be issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 1.48%. This is a positive change from Bank Of The Ozarks’s previous quarterly dividend of $0.19. The ex-dividend date is Thursday, January 18th. Bank Of The Ozarks’s dividend payout ratio (DPR) 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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