The closing price of Bank OZK (NASDAQ: OZK) was $42.89 for the day, down -1.22% from the previous closing price of $43.42. In other words, the price has decreased by -$0.53 from its previous closing price. On the day, 1156838 shares were traded.
Ratios:
Our analysis of OZK’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.10.
On January 05, 2024, Raymond James Upgraded its rating to Outperform which previously was Mkt Perform but kept the price unchanged to $58.
Wells Fargo Downgraded its Equal Weight to Underweight on January 05, 2024, while the target price for the stock was maintained at $41.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OZK now has a Market Capitalization of 4.85B. As of this moment, Bank’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.30, and their Forward P/E ratio for the next fiscal year is 6.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.19 while its Price-to-Book (P/B) ratio in mrq is 1.01.
Stock Price History:
Over the past 52 weeks, OZK has reached a high of $52.36, while it has fallen to a 52-week low of $30.72. The 50-Day Moving Average of the stock is 45.13, while the 200-Day Moving Average is calculated to be 41.60.
Shares Statistics:
OZK traded an average of 1.27M shares per day over the past three months and 1.16M shares per day over the past ten days. A total of 113.15M shares are outstanding, with a floating share count of 107.89M. Insiders hold about 6.25% of the company’s shares, while institutions hold 86.75% stake in the company. Shares short for OZK as of Feb 29, 2024 were 10.45M with a Short Ratio of 8.24, compared to 7.35M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.24% and a Short% of Float of 9.93%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.42, OZK has a forward annual dividend rate of 1.46. Against a Trailing Annual Dividend Yield of 3.27%, it implies a Forward Annual Dividend Yield of 3.54%. The stock’s 5-year Average Dividend Yield is 3.28. The current Payout Ratio is 24.17% for OZK, which recently paid a dividend on Jan 23, 2024 with an ex-dividend date of Jan 12, 2024. Stock splits for the company last occurred on Jun 24, 2014 when the company split stock in a 2:1 ratio.
Earnings Estimates
The firm’s stock currently is rated by 10 analysts. On average, analysts expect EPS of $1.47 for the current quarter, with a high estimate of $1.52 and a low estimate of $1.34, while EPS last year was $1.41. The consensus estimate for the next quarter is $1.47, with high estimates of $1.54 and low estimates of $1.38.
Analysts are recommending an EPS of between $6.17 and $5.43 for the fiscal current year, implying an average EPS of $5.92. EPS for the following year is $6.14, with 10 analysts recommending between $6.75 and $5.65.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $402.37M to a low estimate of $391.11M. As of the current estimate, Bank OZK’s year-ago sales were $353.68M, an estimated increase of 12.50% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $401.65M, an increase of 7.30% less than the figure of $12.50% in the same quarter last year. There is a high estimate of $411.12M for the next quarter, whereas the lowest estimate is $380.16M.
A total of 8 analysts have provided revenue estimates for OZK’s current fiscal year. The highest revenue estimate was $1.65B, while the lowest revenue estimate was $1.51B, resulting in an average revenue estimate of $1.61B. In the same quarter a year ago, actual revenue was $1.52B, up 6.00% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $1.66B in the next fiscal year. The high estimate is $1.72B and the low estimate is $1.57B. The average revenue growth estimate for next year is up 3.10% from the average revenue estimate for this year.
