Bank Ozk (NASDAQ:OZK)‘s stock had its “buy” rating restated by Brean Capital in a note issued to investors on Friday, The Fly reports. They currently have a $54.00 target price on the stock. Brean Capital’s price objective suggests a potential upside of 109.38% from the company’s current price. The analysts noted that the move was a valuation call.

OZK has been the topic of several other research reports. Stephens reiterated a “hold” rating and issued a $48.00 target price on shares of Bank Ozk in a research report on Thursday, August 23rd. Zacks Investment Research lowered shares of Bank Ozk from a “hold” rating to a “sell” rating in a research report on Tuesday, September 11th. ValuEngine lowered shares of Bank Ozk from a “sell” rating to a “strong sell” rating in a research report on Thursday, September 13th. TheStreet lowered shares of Bank Ozk from a “b-” rating to a “c+” rating in a research report on Friday, October 12th. Finally, Sandler O’Neill lowered shares of Bank Ozk from a “buy” rating to a “hold” rating and set a $29.00 target price on the stock. in a research report on Friday. Three research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. Bank Ozk has a consensus rating of “Hold” and a consensus target price of $39.20.

OZK stock traded up $0.27 during midday trading on Friday, hitting $25.79. 74,016 shares of the stock traded hands, compared to its average volume of 2,066,182. The firm has a market cap of $3.27 billion, a PE ratio of 8.75, a P/E/G ratio of 0.59 and a beta of 1.20. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.95 and a current ratio of 0.95. Bank Ozk has a 1-year low of $25.01 and a 1-year high of $53.70.

Bank Ozk (NASDAQ:OZK) last released its quarterly earnings results on Thursday, October 18th. The company reported $0.58 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.90 by ($0.32). The firm had revenue of $244.74 million for the quarter, compared to analyst estimates of $258.05 million. Bank Ozk had a net margin of 38.37% and a return on equity of 11.17%. During the same quarter in the prior year, the business posted $0.75 EPS. Research analysts predict that Bank Ozk will post 3.6 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Skylands Capital LLC acquired a new position in Bank Ozk during the third quarter worth about $3,027,000. Xact Kapitalforvaltning AB purchased a new position in Bank Ozk during the third quarter worth about $658,000. Handelsbanken Fonder AB purchased a new position in Bank Ozk during the third quarter worth about $34,354,000. First Citizens Bank & Trust Co. purchased a new position in Bank Ozk during the third quarter worth about $296,000. Finally, Osborn Williams & Donohoe LLC purchased a new position in Bank Ozk during the third quarter worth about $404,000. Hedge funds and other institutional investors own 87.23% of the company’s stock.

Bank Ozk Company Profile

Bank OZK provides a range of retail and commercial banking services to businesses, individuals, and non-profit and governmental entities. The company accepts non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits.

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The Fly

Analyst Recommendations for Bank Ozk (NASDAQ:OZK)

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