Bank Of The Ozarks (NASDAQ:OZRK) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Tuesday.

According to Zacks, “Shares of Bank of the Ozarks have outperformed the industry over the last six months. Moreover, the company has a decent earnings surprise history. Its earnings did not lag the Zacks Consensus Estimate in any of the trailing four quarters. Its fourth-quarter 2017 results benefited from higher net interest income and lower provisions. Consistent growth in loans and deposits along with benefits from lower tax rates are expected to aid the company’s profitability. Also, its efficient capital deployment activities represent a solid balance sheet position. However, persistently rising expenses due to the company’s expansion strategy through de novo branching remains a concern. Also, margin pressure despite higher interest rates makes us apprehensive.”

Other equities analysts have also recently issued research reports about the company. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $56.00 target price on shares of Bank Of The Ozarks in a research report on Wednesday, January 17th. Stephens reiterated a “hold” rating on shares of Bank Of The Ozarks in a research report on Wednesday, January 17th. Brean Capital reiterated a “buy” rating and set a $65.00 target price on shares of Bank Of The Ozarks in a research report on Tuesday, January 16th. Barclays assumed coverage on Bank Of The Ozarks in a research report on Wednesday, January 3rd. They set an “overweight” rating and a $60.00 target price on the stock. Finally, Piper Jaffray Companies reiterated a “buy” rating and set a $59.00 target price on shares of Bank Of The Ozarks in a research report on Friday, January 19th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $56.00.

Shares of Bank Of The Ozarks (NASDAQ OZRK) traded up $0.22 during mid-day trading on Tuesday, reaching $49.02. The company had a trading volume of 855,500 shares, compared to its average volume of 1,461,054. The firm has a market cap of $6,255.18, a PE ratio of 14.63, a PEG ratio of 1.10 and a beta of 1.43. Bank Of The Ozarks has a 1 year low of $40.15 and a 1 year high of $56.86. 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 (NASDAQ:OZRK) last issued its quarterly earnings results on Tuesday, January 16th. The financial services provider reported $0.75 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.75. The firm had revenue of $245.04 million for 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 quarter in the previous year, the firm posted $0.72 EPS. equities research analysts predict that Bank Of The Ozarks will post 3.7 earnings per share for the current year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Willingdon Wealth Management acquired a new stake in shares of Bank Of The Ozarks in the 3rd quarter worth approximately $104,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Bank Of The Ozarks by 115.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,459 shares of the financial services provider’s stock worth $167,000 after acquiring an additional 1,852 shares during the period. Meridian Management Co. acquired a new stake in shares of Bank Of The Ozarks in the 4th quarter worth approximately $201,000. Cadence Capital Management LLC acquired a new stake in shares of Bank Of The Ozarks in the 3rd quarter worth approximately $202,000. Finally, Exane Derivatives grew its holdings in shares of Bank Of The Ozarks by 78.8% in the 4th quarter. Exane Derivatives now owns 4,486 shares of the financial services provider’s stock worth $217,000 after acquiring an additional 1,977 shares during the period. Institutional investors and hedge funds own 86.65% of the company’s stock.

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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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