Bank Of The Ozarks Inc Expected to Earn Q3 2018 Earnings of $0.94 Per Share (OZRK)

Bank Of The Ozarks Inc (NASDAQ:OZRK) – Stock analysts at FIG Partners decreased their Q3 2018 earnings per share (EPS) estimates for shares of Bank Of The Ozarks in a note issued to investors on Thursday. FIG Partners analyst B. Martin now forecasts that the financial services provider will earn $0.94 per share for the quarter, down from their previous forecast of $0.96. FIG Partners also issued estimates for Bank Of The Ozarks’ Q4 2018 earnings at $0.99 EPS and FY2018 earnings at $3.67 EPS.

Bank Of The Ozarks (NASDAQ:OZRK) last issued its earnings results on Tuesday, January 16th. The financial services provider reported $0.75 earnings per share for the quarter, meeting 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 firm had revenue of $245.04 million for the quarter, compared to analysts’ expectations of $249.84 million. During the same quarter last year, the firm earned $0.72 earnings per share.

Other research analysts have also recently issued research reports about the company. Brean Capital restated a “buy” rating on shares of Bank Of The Ozarks in a research note on Wednesday, December 6th. Zacks Investment Research upgraded Bank Of The Ozarks from a “hold” rating to a “buy” rating and set a $55.00 price objective on the stock in a research note on Tuesday, December 26th. Piper Jaffray Companies restated a “buy” rating and set a $59.00 price objective on shares of Bank Of The Ozarks in a research note on Friday. Finally, SunTrust Banks restated a “hold” rating and set a $50.00 price objective on shares of Bank Of The Ozarks in a research note on Thursday, October 12th. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company’s stock. Bank Of The Ozarks presently has an average rating of “Hold” and a consensus target price of $56.00.

Bank Of The Ozarks (NASDAQ:OZRK) opened at $51.52 on Monday. The company has a market capitalization of $6,603.83, a PE ratio of 15.38, a price-to-earnings-growth ratio of 1.16 and a beta of 1.49. Bank Of The Ozarks has a one year low of $40.15 and a one year high of $56.86. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.99 and a current ratio of 0.92.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 26th. Shareholders of record on Friday, January 19th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date is Thursday, January 18th. This is a boost from Bank Of The Ozarks’s previous quarterly dividend of $0.19. Bank Of The Ozarks’s payout ratio is currently 22.69%.

Several institutional investors and hedge funds have recently modified their holdings of the business. Willingdon Wealth Management acquired a new position in shares of Bank Of The Ozarks in the third quarter worth about $104,000. BB&T Investment Services Inc. acquired a new position in shares of Bank Of The Ozarks in the second quarter worth about $190,000. Cadence Capital Management LLC acquired a new position in shares of Bank Of The Ozarks in the third quarter worth about $202,000. Dorsey & Whitney Trust CO LLC acquired a new position in shares of Bank Of The Ozarks in the third quarter worth about $217,000. Finally, First Allied Advisory Services Inc. acquired a new position in shares of Bank Of The Ozarks in the second quarter worth about $237,000. Institutional investors own 85.48% of the company’s stock.

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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.

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

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