Bank Of The Ozarks Inc Expected to Post Q4 2017 Earnings of $0.75 Per Share (OZRK)

Bank Of The Ozarks Inc (NASDAQ:OZRK) – Investment analysts at FIG Partners boosted their Q4 2017 earnings per share (EPS) estimates for Bank Of The Ozarks in a report released on Tuesday. FIG Partners analyst B. Martin now anticipates that the financial services provider will post earnings per share of $0.75 for the quarter, up from their prior forecast of $0.74. FIG Partners also issued estimates for Bank Of The Ozarks’ Q1 2018 earnings at $0.85 EPS, Q2 2018 earnings at $0.88 EPS, Q3 2018 earnings at $0.96 EPS and Q4 2018 earnings at $1.02 EPS.

Bank Of The Ozarks (NASDAQ:OZRK) last posted its quarterly earnings results on Tuesday, January 16th. The financial services provider reported $0.75 EPS for the quarter, hitting analysts’ consensus estimates of $0.75. Bank Of The Ozarks had a return on equity of 11.50% and a net margin of 35.53%. The company had revenue of $245.04 million during the quarter, compared to analysts’ expectations of $249.84 million. During the same quarter in the previous year, the firm earned $0.72 EPS.

OZRK has been the subject of a number of other research reports. Zacks Investment Research raised Bank Of The Ozarks from a “sell” rating to a “hold” rating in a report on Tuesday, October 3rd. Morgan Stanley reaffirmed an “overweight” rating and issued a $54.00 target price on shares of Bank Of The Ozarks in a report on Thursday, December 14th. Barclays initiated coverage on Bank Of The Ozarks in a report on Wednesday, January 3rd. They issued an “overweight” rating and a $60.00 target price for the company. Raymond James Financial lowered their target price on Bank Of The Ozarks from $59.00 to $57.00 and set an “outperform” rating for the company in a report on Thursday, October 12th. Finally, Brean Capital reaffirmed a “buy” rating and issued a $65.00 target price on shares of Bank Of The Ozarks in a report on Tuesday, January 2nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company’s stock. Bank Of The Ozarks currently has a consensus rating of “Hold” and a consensus price target of $56.00.

Bank Of The Ozarks (NASDAQ:OZRK) opened at $51.52 on Thursday. The company has a current ratio of 0.92, a quick ratio of 0.99 and a debt-to-equity ratio of 0.11. Bank Of The Ozarks has a fifty-two week low of $40.15 and a fifty-two week high of $56.86. The company has a market capitalization of $6,565.38, a price-to-earnings ratio of 17.30, a PEG ratio of 1.15 and a beta of 1.49.

A number of institutional investors and hedge funds have recently modified their holdings of the business. BRYN MAWR TRUST Co increased its stake in shares of Bank Of The Ozarks by 1.0% in the second quarter. BRYN MAWR TRUST Co now owns 7,764 shares of the financial services provider’s stock valued at $364,000 after buying an additional 75 shares during the period. Suntrust Banks Inc. increased its stake in shares of Bank Of The Ozarks by 7.4% in the second quarter. Suntrust Banks Inc. now owns 5,587 shares of the financial services provider’s stock valued at $261,000 after buying an additional 383 shares during the period. MML Investors Services LLC increased its stake in shares of Bank Of The Ozarks by 7.7% in the second quarter. MML Investors Services LLC now owns 5,573 shares of the financial services provider’s stock valued at $261,000 after buying an additional 400 shares during the period. Advisor Group Inc. increased its stake in shares of Bank Of The Ozarks by 8.4% in the second quarter. Advisor Group Inc. now owns 8,586 shares of the financial services provider’s stock valued at $371,000 after buying an additional 665 shares during the period. Finally, Global Endowment Management LP increased its stake in shares of Bank Of The Ozarks by 15.5% in the second quarter. Global Endowment Management LP now owns 8,180 shares of the financial services provider’s stock valued at $383,000 after buying an additional 1,100 shares during the period. 86.21% of the stock is owned by institutional investors and hedge funds.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 26th. Shareholders of record on Friday, January 19th will be issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date is Thursday, January 18th. This is a boost from Bank Of The Ozarks’s previous quarterly dividend of $0.19. Bank Of The Ozarks’s dividend payout ratio is presently 22.69%.

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Bank Of The Ozarks Company Profile

Bank of the Ozarks, Inc is a state chartered bank that provides retail and commercial banking services. Its deposit services include checking, savings, money market, time deposit and individual retirement accounts. Its loan services include various types of real estate, consumer, commercial, industrial and agricultural loans and various leasing services.

Earnings History and Estimates for Bank Of The Ozarks (NASDAQ:OZRK)

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