Market Watch: Bank OZK (OZK)’s Noteworthy Drop, Closing at 40.66

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As of close of business last night, Bank OZK’s stock clocked out at $40.66, down -2.56% from its previous closing price of $41.73. In other words, the price has decreased by -$2.56 from its previous closing price. On the day, 1.26 million shares were traded. OZK stock price reached its highest trading level at $41.89 during the session, while it also had its lowest trading level at $40.61.

Ratios:

To gain a deeper understanding of OZK’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.16.

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 4613446144 and an Enterprise Value of 3255369472. As of this moment, Bank’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.75, and their Forward P/E ratio for the next fiscal year is 6.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.78 while its Price-to-Book (P/B) ratio in mrq is 0.91. Its current Enterprise Value per Revenue stands at 2.285.

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 $34.76. The 50-Day Moving Average of the stock is -5.05%, while the 200-Day Moving Average is calculated to be -7.71%.

Shares Statistics:

It appears that OZK traded 1.31M shares on average per day over the past three months and 1312600 shares per day over the past ten days. A total of 113.15M shares are outstanding, with a floating share count of 106.25M. Insiders hold about 6.33% of the company’s shares, while institutions hold 89.59% stake in the company. Shares short for OZK as of 1724976000 were 15691288 with a Short Ratio of 12.51, compared to 1722384000 on 14632888. Therefore, it implies a Short% of Shares Outstanding of 15691288 and a Short% of Float of 14.860000000000001.

Dividends & Splits

With its trailing 12-month dividend rate of 1.5, OZK has a forward annual dividend rate of 1.54. Against a Trailing Annual Dividend Yield of 0.035945363The stock’s 5-year Average Dividend Yield is 3.33.

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