Shares of BancFirst Co. (NASDAQ:BANF) have been given an average broker rating score of 3.00 (Hold) from the three brokers that provide coverage for the company, Zacks Investment Research reports. Three equities research analysts have rated the stock with a hold rating.
Brokers have set a twelve-month consensus price target of $55.75 for the company and are anticipating that the company will post $0.76 EPS for the current quarter, according to Zacks. Zacks has also assigned BancFirst an industry rank of 18 out of 265 based on the ratings given to its competitors.
A number of research firms have issued reports on BANF. BidaskClub cut shares of BancFirst from a “buy” rating to a “hold” rating in a research report on Thursday, December 7th. Zacks Investment Research upgraded shares of BancFirst from a “hold” rating to a “strong-buy” rating and set a $60.00 price objective on the stock in a research report on Monday, January 1st.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. purchased a new position in shares of BancFirst during the second quarter valued at about $1,635,000. Prudential Financial Inc. increased its position in shares of BancFirst by 90.7% during the third quarter. Prudential Financial Inc. now owns 65,692 shares of the bank’s stock valued at $3,728,000 after buying an additional 31,251 shares during the period. Vanguard Group Inc. increased its position in shares of BancFirst by 1.3% during the second quarter. Vanguard Group Inc. now owns 803,896 shares of the bank’s stock valued at $77,657,000 after buying an additional 10,658 shares during the period. Teachers Advisors LLC increased its position in shares of BancFirst by 15.3% during the second quarter. Teachers Advisors LLC now owns 15,525 shares of the bank’s stock valued at $1,500,000 after buying an additional 2,059 shares during the period. Finally, Ray Gerald L & Associates Ltd. increased its position in shares of BancFirst by 100.0% during the third quarter. Ray Gerald L & Associates Ltd. now owns 12,000 shares of the bank’s stock valued at $681,000 after buying an additional 6,000 shares during the period. Institutional investors own 33.10% of the company’s stock.
Shares of BancFirst (NASDAQ BANF) traded up $0.80 during trading hours on Friday, reaching $56.00. 146,328 shares of the company were exchanged, compared to its average volume of 46,122. The stock has a market cap of $1,759.23, a PE ratio of 21.13, a PEG ratio of 1.76 and a beta of 0.56. BancFirst has a one year low of $42.50 and a one year high of $61.05. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.02.
BancFirst (NASDAQ:BANF) last issued its earnings results on Thursday, October 19th. The bank reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.04). BancFirst had a return on equity of 11.83% and a net margin of 24.35%. equities research analysts predict that BancFirst will post 3.14 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Monday, January 15th. Shareholders of record on Friday, December 29th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend was Thursday, December 28th. BancFirst’s payout ratio is 31.70%.
BancFirst Company Profile
BancFirst Corporation is a financial holding company. The Company conducts its operating activities through its principal subsidiary, BancFirst (the Bank), a state-chartered bank. It has four business units, which include metropolitan banks, community banks, other financial services, and executive, operations and support.
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