Bank OZK’s Market Journey: Closing Weak at 39.01, Down -0.03

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The closing price of Bank OZK (NASDAQ: OZK) was $39.01 for the day, down -0.03% from the previous closing price of $39.02. In other words, the price has decreased by -$0.03 from its previous closing price. On the day, 1.06 million shares were traded. OZK stock price reached its highest trading level at $39.27 during the session, while it also had its lowest trading level at $38.6402.

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 0.13 whereas as Long-Term Debt/Eq ratio is at 0.13.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on May 29, 2024, Downgraded its rating to Sell and sets its target price to $37 from $57 previously.

Raymond James Upgraded its Mkt Perform to Outperform on January 05, 2024, while the target price for the stock was maintained at $58.

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 4419364864 and an Enterprise Value of 3112760320. As of this moment, Bank’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.53, and their Forward P/E ratio for the next fiscal year is 6.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.84 while its Price-to-Book (P/B) ratio in mrq is 0.90. Its current Enterprise Value per Revenue stands at 2.226.

Stock Price History:

The Beta on a monthly basis for OZK is 1.18, which has changed by 0.0380522 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. Over the past 52 weeks, OZK has reached a high of $52.36, while it has fallen to a 52-week low of $34.76. The 50-Day Moving Average of the stock is -11.30%, while the 200-Day Moving Average is calculated to be -8.77%.

Shares Statistics:

OZK traded an average of 1.22M shares per day over the past three months and 1515340 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 88.93% stake in the company. Shares short for OZK as of 1715731200 were 12773266 with a Short Ratio of 10.42, compared to 1713139200 on 12350443. Therefore, it implies a Short% of Shares Outstanding of 12773266 and a Short% of Float of 12.109999.

Dividends & Splits

With its trailing 12-month dividend rate of 1.46, OZK has a forward annual dividend rate of 1.50. Against a Trailing Annual Dividend Yield of 0.03741671The stock’s 5-year Average Dividend Yield is 3.31. The current Payout Ratio is 24.17% for OZK, which recently paid a dividend on 2024-04-11 with an ex-dividend date of 1712793600. Stock splits for the company last occurred on 2014-06-24 when the company split stock in a 2:1 ratio.

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