$0.83 EPS Expected for Bank Of The Ozarks Inc (OZRK) This Quarter

Wall Street brokerages predict that Bank Of The Ozarks Inc (NASDAQ:OZRK) will announce $0.83 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for Bank Of The Ozarks’ earnings, with estimates ranging from $0.75 to $0.86. Bank Of The Ozarks posted earnings of $0.73 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 13.7%. The business is expected to announce its next quarterly earnings results on Tuesday, April 10th.

According to Zacks, analysts expect that Bank Of The Ozarks will report full year earnings of $3.70 per share for the current year, with EPS estimates ranging from $3.38 to $4.07. For the next year, analysts expect that the firm will report earnings of $4.29 per share, with EPS estimates ranging from $3.94 to $4.40. Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Bank Of The Ozarks.

Bank Of The Ozarks (NASDAQ:OZRK) last announced its quarterly earnings data on Tuesday, January 16th. The financial services provider reported $0.75 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.75. Bank Of The Ozarks had a return on equity of 11.50% and a net margin of 35.53%. The company had revenue of $245.04 million during the quarter, compared to the consensus estimate of $249.84 million. During the same quarter last year, the company earned $0.72 EPS.

A number of analysts have commented on OZRK shares. Zacks Investment Research upgraded Bank Of The Ozarks from a “sell” rating to a “hold” rating in a research report on Tuesday, October 3rd. Piper Jaffray Companies restated an “overweight” rating and set a $55.00 target price on shares of Bank Of The Ozarks in a research report on Thursday, October 5th. Raymond James Financial cut their target price on Bank Of The Ozarks from $59.00 to $57.00 and set an “outperform” rating for the company in a research report on Thursday, October 12th. SunTrust Banks restated a “hold” rating and set a $50.00 target price on shares of Bank Of The Ozarks in a research report on Thursday, October 12th. Finally, Brean Capital restated a “buy” rating on shares of Bank Of The Ozarks in a research report on Monday, October 23rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $56.00.

Several institutional investors have recently bought and sold shares of OZRK. Willingdon Wealth Management bought a new position in Bank Of The Ozarks in the 3rd quarter valued at $104,000. BB&T Investment Services Inc. bought a new position in Bank Of The Ozarks in the 2nd quarter valued at $190,000. Cadence Capital Management LLC bought a new position in Bank Of The Ozarks in the 3rd quarter valued at $202,000. Dorsey & Whitney Trust CO LLC bought a new position in Bank Of The Ozarks in the 3rd quarter valued at $217,000. Finally, First Allied Advisory Services Inc. bought a new position in Bank Of The Ozarks in the 2nd quarter valued at $237,000. Institutional investors and hedge funds own 85.48% of the company’s stock.

Shares of Bank Of The Ozarks (OZRK) traded up $0.30 during mid-day trading on Monday, hitting $51.52. The company’s stock had a trading volume of 705,400 shares, compared to its average volume of 1,522,915. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.92 and a quick ratio of 0.99. Bank Of The Ozarks has a 52 week low of $40.15 and a 52 week high of $56.86. The company has a market cap of $6,603.83, a P/E ratio of 15.38, a P/E/G ratio of 1.16 and a beta of 1.49.

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 given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.48%. The ex-dividend date of this dividend is Thursday, January 18th. This is an increase from Bank Of The Ozarks’s previous quarterly dividend of $0.19. Bank Of The Ozarks’s dividend payout ratio (DPR) is 22.69%.

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Bank Of The Ozarks Company Profile

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.

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

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