Q1 2018 EPS Estimates for Bank of Hawaii (BOH) Increased by Jefferies Group

Bank of Hawaii (NYSE:BOH) – Research analysts at Jefferies Group boosted their Q1 2018 earnings estimates for shares of Bank of Hawaii in a research report issued on Wednesday, April 4th. Jefferies Group analyst C. Haire now anticipates that the bank will earn $1.20 per share for the quarter, up from their previous forecast of $1.19. Jefferies Group also issued estimates for Bank of Hawaii’s FY2018 earnings at $5.25 EPS and FY2019 earnings at $5.65 EPS.

How to Become a New Pot Stock Millionaire

Bank of Hawaii (NYSE:BOH) last posted its quarterly earnings results on Monday, January 22nd. The bank reported $1.01 earnings per share for the quarter, missing the consensus estimate of $1.09 by ($0.08). Bank of Hawaii had a net margin of 26.80% and a return on equity of 15.48%. The company had revenue of $160.63 million during the quarter, compared to the consensus estimate of $162.90 million. During the same period last year, the firm posted $1.02 earnings per share.

Several other equities research analysts also recently weighed in on BOH. Morgan Stanley lifted their price target on shares of Bank of Hawaii from $76.00 to $88.00 and gave the company an “underweight” rating in a research note on Wednesday, December 13th. Compass Point raised shares of Bank of Hawaii from a “neutral” rating to a “buy” rating in a research note on Monday, December 18th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $92.00 price target on shares of Bank of Hawaii in a research note on Friday, December 22nd. Zacks Investment Research downgraded shares of Bank of Hawaii from a “hold” rating to a “sell” rating in a research note on Tuesday, December 26th. Finally, Barclays lifted their price target on shares of Bank of Hawaii from $85.00 to $92.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 2nd. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. Bank of Hawaii currently has a consensus rating of “Hold” and an average price target of $91.92.

BOH opened at $81.52 on Friday. Bank of Hawaii has a 1-year low of $74.72 and a 1-year high of $89.09. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $3,517.64, a price-to-earnings ratio of 18.49, a P/E/G ratio of 1.88 and a beta of 0.80.

Several large investors have recently bought and sold shares of BOH. New York State Common Retirement Fund increased its position in shares of Bank of Hawaii by 2.7% during the third quarter. New York State Common Retirement Fund now owns 94,500 shares of the bank’s stock worth $7,878,000 after acquiring an additional 2,500 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Bank of Hawaii by 0.9% during the third quarter. Ameriprise Financial Inc. now owns 126,222 shares of the bank’s stock worth $10,522,000 after acquiring an additional 1,168 shares in the last quarter. Legal & General Group Plc increased its position in shares of Bank of Hawaii by 9.6% during the third quarter. Legal & General Group Plc now owns 52,082 shares of the bank’s stock worth $4,342,000 after acquiring an additional 4,570 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Bank of Hawaii by 1.1% during the third quarter. JPMorgan Chase & Co. now owns 375,605 shares of the bank’s stock worth $31,239,000 after purchasing an additional 4,000 shares during the last quarter. Finally, Trexquant Investment LP purchased a new position in Bank of Hawaii during the third quarter worth about $240,000. 75.99% of the stock is owned by institutional investors.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 14th. Stockholders of record on Wednesday, February 28th were given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 2.55%. The ex-dividend date of this dividend was Tuesday, February 27th. Bank of Hawaii’s payout ratio is presently 47.17%.

WARNING: “Q1 2018 EPS Estimates for Bank of Hawaii (BOH) Increased by Jefferies Group” was first posted by Ticker Report and is owned by of Ticker Report. If you are viewing this report on another domain, it was illegally copied and reposted in violation of U.S. & international copyright & trademark legislation. The correct version of this report can be read at https://www.tickerreport.com/banking-finance/3339587/q1-2018-eps-estimates-for-bank-of-hawaii-boh-increased-by-jefferies-group.html.

About Bank of Hawaii

Bank of Hawaii Corporation operates as the bank holding company for Bank of Hawaii that provides financial products and services in Hawaii, Guam, and other Pacific Islands. It operates through four segments: Retail Banking, Commercial Banking, Investment Services and Private Banking, and Treasury and Other.

Earnings History and Estimates for Bank of Hawaii (NYSE:BOH)

Receive News & Ratings for Bank of Hawaii Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of Hawaii and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Credits  Price Up 13.7% This Week
Credits Price Up 13.7% This Week
Apex  Price Hits $0.22 on Major Exchanges
Apex Price Hits $0.22 on Major Exchanges
Scry.info  24-Hour Volume Hits $849,453.00
Scry.info 24-Hour Volume Hits $849,453.00
Zacks: Analysts Expect Kinsale Capital Group  Will Post Quarterly Sales of $50.93 Million
Zacks: Analysts Expect Kinsale Capital Group Will Post Quarterly Sales of $50.93 Million
Brokerages Expect MB Financial Inc.  Will Announce Quarterly Sales of $247.80 Million
Brokerages Expect MB Financial Inc. Will Announce Quarterly Sales of $247.80 Million
RPC, Inc.  Expected to Announce Earnings of $0.28 Per Share
RPC, Inc. Expected to Announce Earnings of $0.28 Per Share


© 2006-2018 Ticker Report. Google+.