Bank of the Ozarks (NASDAQ: OZRK) recently received a number of ratings updates from brokerages and research firms:

  • 10/30/2017 – Bank of the Ozarks had its “buy” rating reaffirmed by analysts at Brean Capital.
  • 10/23/2017 – Bank of the Ozarks had its “buy” rating reaffirmed by analysts at Brean Capital.
  • 10/13/2017 – Bank of the Ozarks was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Shares of Bank of the Ozarks have underperformed the industry over the last twelve months. Yet, the company has an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in three of the trailing four quarters. Consistent growth in loans and deposits, and easing margin pressure should continue to aid the company’s profitability. Given a solid balance sheet position, the company is expected to continue growing through acquisitions. However, as the company continues to expand through de novo branching strategy, operating expenses are expected to remain high in the quarters ahead. Further, the company’s substantial exposure to real estate loans remains a concern.”
  • 10/12/2017 – Bank of the Ozarks had its “hold” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $50.00 price target on the stock.
  • 10/12/2017 – Bank of the Ozarks had its price target lowered by analysts at Raymond James Financial, Inc. from $59.00 to $57.00. They now have an “outperform” rating on the stock.
  • 10/5/2017 – Bank of the Ozarks had its “overweight” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $55.00 price target on the stock.
  • 10/3/2017 – Bank of the Ozarks was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Shares of Bank of the Ozarks have underperformed the industry over the last three months. Yet, the company has an impressive earnings surprise history. It has surpassed the Zacks Consensus Estimate for earnings in three of the trailing four quarters. Consistent growth in loans and deposits, easing margin pressure and impressive expansion strategy will aid profitability. Improving asset quality will support growth, while regular enhanced capital deployments reflect strong balance sheet. However, as the company continues to expand through de novo branching strategy and also inorganically, operating expenses are expected to remain high in the quarters ahead. Further, the company’s substantial exposure to real estate loans remains a concern, which might hurt its financials.”

Shares of Bank of the Ozarks (NASDAQ OZRK) traded up 0.90% during mid-day trading on Wednesday, hitting $47.04. 79,773 shares of the stock traded hands. The firm has a market capitalization of $6.03 billion, a P/E ratio of 16.04 and a beta of 1.54. The company’s 50 day moving average is $46.25 and its 200 day moving average is $45.93. Bank of the Ozarks has a one year low of $35.53 and a one year high of $56.86.

Bank of the Ozarks (NASDAQ:OZRK) last released its quarterly earnings results on Wednesday, October 11th. The financial services provider reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.01. Bank of the Ozarks had a net margin of 65.67% and a return on equity of 11.85%. The business had revenue of $242.47 million for the quarter, compared to analyst estimates of $243.67 million. During the same period last year, the firm earned $0.66 earnings per share. On average, equities analysts expect that Bank of the Ozarks will post $2.96 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, October 20th. Investors of record on Friday, October 13th were given a dividend of $0.185 per share. This represents a $0.74 dividend on an annualized basis and a yield of 1.59%. This is a positive change from Bank of the Ozarks’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Thursday, October 12th. Bank of the Ozarks’s dividend payout ratio (DPR) is currently 25.26%.

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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