$0.85 Earnings Per Share Expected for Bank Of The Ozarks Inc (OZRK) This Quarter

Brokerages predict that Bank Of The Ozarks Inc (NASDAQ:OZRK) will report $0.85 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Bank Of The Ozarks’ earnings. The highest EPS estimate is $0.86 and the lowest is $0.83. Bank Of The Ozarks posted earnings per share of $0.73 in the same quarter last year, which would suggest a positive year over year growth rate of 16.4%. The business is expected to announce its next earnings report on Tuesday, April 10th.

On average, 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 $3.58 to $3.76. For the next fiscal year, analysts anticipate that the company will post earnings of $4.35 per share, with EPS estimates ranging from $4.30 to $4.40. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Bank Of The Ozarks.

Bank Of The Ozarks (NASDAQ:OZRK) last announced its quarterly earnings results on Tuesday, January 16th. The financial services provider reported $0.75 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.75. The firm had revenue of $245.04 million during 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 quarter in the previous year, the business earned $0.72 earnings per share.

A number of brokerages recently issued reports on OZRK. Brean Capital reiterated a “buy” rating and issued a $65.00 price target on shares of Bank Of The Ozarks in a report on Tuesday, January 16th. Stephens restated a “hold” rating on shares of Bank Of The Ozarks in a report on Wednesday, January 17th. Keefe, Bruyette & Woods restated a “market perform” rating and set a $56.00 target price on shares of Bank Of The Ozarks in a report on Wednesday, January 17th. Piper Jaffray Companies restated a “buy” rating and set a $59.00 target price on shares of Bank Of The Ozarks in a report on Friday, January 19th. Finally, Zacks Investment Research upgraded Bank Of The Ozarks from a “hold” rating to a “buy” rating and set a $55.00 target price for the company in a report on Friday, January 5th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $56.00.

A number of institutional investors have recently bought and sold shares of OZRK. Suntrust Banks Inc. lifted its holdings in Bank Of The Ozarks by 7.4% during the second quarter. Suntrust Banks Inc. now owns 5,587 shares of the financial services provider’s stock worth $261,000 after buying an additional 383 shares during the period. Advisor Group Inc. lifted its holdings in shares of Bank Of The Ozarks by 8.4% during the 2nd quarter. Advisor Group Inc. now owns 8,586 shares of the financial services provider’s stock valued at $371,000 after purchasing an additional 665 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Bank Of The Ozarks by 25.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 998,592 shares of the financial services provider’s stock valued at $46,806,000 after purchasing an additional 201,688 shares during the last quarter. First Allied Advisory Services Inc. purchased a new stake in shares of Bank Of The Ozarks during the 2nd quarter valued at $237,000. Finally, Shelton Capital Management purchased a new stake in shares of Bank Of The Ozarks during the 2nd quarter valued at $429,000. Institutional investors own 87.20% of the company’s stock.

Shares of Bank Of The Ozarks (NASDAQ OZRK) traded down $0.83 during midday trading on Thursday, hitting $48.36. The company had a trading volume of 504,343 shares, compared to its average volume of 1,518,325. The company has a quick ratio of 0.99, a current ratio of 0.92 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $6,253.90, a price-to-earnings ratio of 14.48, a price-to-earnings-growth ratio of 1.08 and a beta of 1.43. Bank Of The Ozarks has a 12-month low of $40.15 and a 12-month high of $56.86.

The business also recently announced a quarterly dividend, which was paid on Friday, January 26th. Shareholders of record on Friday, January 19th were issued a dividend of $0.19 per share. The ex-dividend date was Thursday, January 18th. This represents a $0.76 dividend on an annualized basis and a yield of 1.57%. This is a positive change from Bank Of The Ozarks’s previous quarterly dividend of $0.19. Bank Of The Ozarks’s dividend payout ratio is currently 22.69%.

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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.

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

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