Bank of Hawaii (BOH) Projected to Post Quarterly Earnings on Monday

Bank of Hawaii (NYSE:BOH - Get Free Report) is anticipated to release its earnings data before the market opens on Monday, April 21st. Analysts expect Bank of Hawaii to post earnings of $0.89 per share and revenue of $168.65 million for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.

Bank of Hawaii (NYSE:BOH - Get Free Report) last released its earnings results on Monday, January 27th. The bank reported $0.85 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.87 by ($0.02). Bank of Hawaii had a net margin of 14.47% and a return on equity of 11.81%. On average, analysts expect Bank of Hawaii to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Bank of Hawaii Stock Up 1.2 %

BOH traded up $0.76 during midday trading on Friday, hitting $64.99. The company had a trading volume of 666,068 shares, compared to its average volume of 366,895. The company has a market capitalization of $2.59 billion, a price-to-earnings ratio of 18.78 and a beta of 0.87. The stock's 50 day moving average price is $67.92 and its 200 day moving average price is $70.82. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.42. Bank of Hawaii has a 52 week low of $54.50 and a 52 week high of $82.70.

Bank of Hawaii Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 4.31%. The ex-dividend date was Friday, February 28th. Bank of Hawaii's dividend payout ratio (DPR) is currently 80.92%.

Insider Buying and Selling

In other news, insider Taryn L. Salmon sold 449 shares of the business's stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $74.97, for a total value of $33,661.53. Following the sale, the insider now owns 9,880 shares of the company's stock, valued at $740,703.60. The trade was a 4.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Patrick M. Mcguirk sold 2,000 shares of Bank of Hawaii stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of $75.08, for a total transaction of $150,160.00. Following the completion of the transaction, the chief accounting officer now owns 9,173 shares of the company's stock, valued at $688,708.84. This represents a 17.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.07% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on BOH. Piper Sandler increased their target price on Bank of Hawaii from $66.00 to $68.00 and gave the stock an "underweight" rating in a report on Tuesday, January 28th. DA Davidson boosted their target price on shares of Bank of Hawaii from $75.00 to $79.00 and gave the stock a "neutral" rating in a research report on Tuesday, January 28th. Finally, Barclays dropped their price target on shares of Bank of Hawaii from $66.00 to $64.00 and set an "underweight" rating on the stock in a research report on Tuesday, April 8th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $72.67.

Bank of Hawaii Company Profile

Bank of Hawaii Corporation operates as the bank holding company for Bank of Hawaii that provides various financial products and services in Hawaii, Guam, and other Pacific Islands. It operates in three segments: Consumer Banking, Commercial Banking, and Treasury and Other. The Consumer Banking segment offers checking, savings, and time deposit accounts; residential mortgage loans, home equity lines of credit, automobile loans and leases, overdraft lines of credit, installment loans, small business loans and leases, and credit cards; private and international client banking, investment, credit, and trust services to individuals and families, as well as high-net-worth individuals; investment management; institutional investment advisory services to corporations, government entities, and foundations; and brokerage offerings, including equities, mutual funds, life insurance, and annuity products.