Wall Street analysts expect Bank Of The Ozarks Inc (NASDAQ:OZRK) to report earnings of $0.85 per share for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Bank Of The Ozarks’ earnings, with estimates ranging from $0.83 to $0.86. Bank Of The Ozarks reported earnings per share of $0.73 in the same quarter last year, which suggests a positive year over year growth rate of 16.4%. The company 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 fiscal year, with EPS estimates ranging from $3.58 to $3.76. For the next fiscal year, analysts anticipate that the business will post earnings of $4.35 per share, with EPS estimates ranging from $4.30 to $4.40. Zacks’ EPS averages are an average based on a survey of research analysts that cover 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 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.75. The company had revenue of $245.04 million during the quarter, compared to analysts’ expectations 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 EPS.
Several hedge funds have recently bought and sold shares of the company. Elkfork Partners LLC bought a new position in shares of Bank Of The Ozarks in the 4th quarter worth about $787,000. Grandeur Peak Global Advisors LLC raised its position in shares of Bank Of The Ozarks by 42.6% in the 4th quarter. Grandeur Peak Global Advisors LLC now owns 231,825 shares of the financial services provider’s stock worth $11,232,000 after acquiring an additional 69,300 shares in the last quarter. Xact Kapitalforvaltning AB bought a new position in shares of Bank Of The Ozarks in the 4th quarter worth about $524,000. Handelsbanken Fonder AB raised its position in shares of Bank Of The Ozarks by 28.0% in the 4th quarter. Handelsbanken Fonder AB now owns 1,030,000 shares of the financial services provider’s stock worth $49,904,000 after acquiring an additional 225,000 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of Bank Of The Ozarks by 11.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 59,439 shares of the financial services provider’s stock worth $2,880,000 after acquiring an additional 6,336 shares in the last quarter. 88.63% of the stock is owned by hedge funds and other institutional investors.
Bank Of The Ozarks (NASDAQ:OZRK) opened at $52.67 on Wednesday. The stock has a market capitalization of $6,749.96, a price-to-earnings ratio of 15.72, a P/E/G ratio of 1.19 and a beta of 1.38. The company has a current ratio of 0.92, a quick ratio of 0.99 and a debt-to-equity ratio of 0.11. Bank Of The Ozarks has a 12-month low of $40.15 and a 12-month high of $55.49.
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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