Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Bank OZK (NASDAQ: OZK) closed the day trading at $48.32 down -1.13% from the previous closing price of $48.87. In other words, the price has decreased by -$1.13 from its previous closing price. On the day, 0.89 million shares were traded. OZK stock price reached its highest trading level at $48.9559 during the session, while it also had its lowest trading level at $47.96.
Ratios:
For a better understanding of OZK, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.11.
On May 29, 2024, Citigroup Downgraded its rating to Sell which previously was Buy and also lowered its target price recommendation from $57 to $37.
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 5481759232 and an Enterprise Value of 3763786752. As of this moment, Bank’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.94, and their Forward P/E ratio for the next fiscal year is 8.16. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.01 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at 2.579.
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 $37.43. The 50-Day Moving Average of the stock is 6.70%, while the 200-Day Moving Average is calculated to be 10.63%.
Shares Statistics:
Over the past 3-months, OZK traded about 1.25M shares per day on average, while over the past 10 days, OZK traded about 1062330 shares per day. A total of 113.45M shares are outstanding, with a floating share count of 107.79M. Shares short for OZK as of 1731628800 were 16269828 with a Short Ratio of 13.04, compared to 1728950400 on 16778974. Therefore, it implies a Short% of Shares Outstanding of 16269828 and a Short% of Float of 15.409999999999998.
Dividends & Splits
OZK’s forward annual dividend rate is 1.58, up from 1.54 a year ago. Against a Trailing Annual Dividend Yield of 0.031512175The stock’s 5-year Average Dividend Yield is 3.34.
