DA Davidson Issues Positive Forecast for BOK Financial (NASDAQ:BOKF) Stock Price

BOK Financial (NASDAQ:BOKF - Free Report) had its target price upped by DA Davidson from $114.00 to $120.00 in a research report sent to investors on Wednesday,Benzinga reports. They currently have a buy rating on the bank's stock. DA Davidson also issued estimates for BOK Financial's Q3 2025 earnings at $2.19 EPS and FY2025 earnings at $8.31 EPS.

Several other equities analysts also recently issued reports on the stock. Jefferies Financial Group assumed coverage on shares of BOK Financial in a report on Wednesday, May 21st. They set a "hold" rating and a $105.00 price target for the company. Hovde Group boosted their price target on shares of BOK Financial from $110.00 to $123.00 and gave the company an "outperform" rating in a report on Tuesday, July 22nd. Wells Fargo & Company reduced their price target on shares of BOK Financial from $120.00 to $100.00 and set an "equal weight" rating for the company in a report on Wednesday, April 9th. Royal Bank Of Canada boosted their price target on shares of BOK Financial from $104.00 to $110.00 and gave the company a "sector perform" rating in a report on Wednesday. Finally, Citigroup upped their price objective on shares of BOK Financial from $97.00 to $100.00 and gave the stock a "neutral" rating in a report on Wednesday, July 2nd. Nine research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, BOK Financial has an average rating of "Hold" and a consensus price target of $111.75.

BOK Financial Stock Performance

BOKF stock traded down $0.84 during trading on Wednesday, hitting $105.33. 277,460 shares of the company's stock traded hands, compared to its average volume of 264,783. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.57. BOK Financial has a 52 week low of $85.07 and a 52 week high of $121.58. The stock has a fifty day moving average price of $98.18 and a two-hundred day moving average price of $100.70. The stock has a market capitalization of $6.77 billion, a price-to-earnings ratio of 12.61 and a beta of 0.86.

BOK Financial (NASDAQ:BOKF - Get Free Report) last released its earnings results on Monday, July 21st. The bank reported $2.19 earnings per share for the quarter, beating the consensus estimate of $1.98 by $0.21. BOK Financial had a net margin of 15.80% and a return on equity of 9.49%. The firm had revenue of $525.50 million during the quarter, compared to analyst estimates of $521.80 million. During the same quarter in the previous year, the firm earned $2.54 earnings per share. As a group, equities analysts anticipate that BOK Financial will post 8.83 EPS for the current fiscal year.

BOK Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 28th. Investors of record on Thursday, May 15th were given a $0.57 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $2.28 annualized dividend and a dividend yield of 2.16%. BOK Financial's dividend payout ratio is presently 27.31%.

Hedge Funds Weigh In On BOK Financial

A number of large investors have recently bought and sold shares of BOKF. HighTower Advisors LLC boosted its position in BOK Financial by 166.9% during the 4th quarter. HighTower Advisors LLC now owns 7,504 shares of the bank's stock worth $799,000 after acquiring an additional 4,692 shares during the last quarter. Teacher Retirement System of Texas boosted its position in BOK Financial by 98.5% during the 4th quarter. Teacher Retirement System of Texas now owns 18,184 shares of the bank's stock worth $1,936,000 after acquiring an additional 9,024 shares during the last quarter. Virtu Financial LLC acquired a new position in BOK Financial during the 4th quarter worth approximately $259,000. American Century Companies Inc. boosted its position in BOK Financial by 4.9% during the 4th quarter. American Century Companies Inc. now owns 12,277 shares of the bank's stock worth $1,307,000 after acquiring an additional 572 shares during the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new position in BOK Financial during the 4th quarter worth approximately $514,000. Institutional investors and hedge funds own 34.44% of the company's stock.

About BOK Financial

BOK Financial Corporation operates as the financial holding company for BOKF, NA that provides various financial products and services in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. It operates through three segments: Commercial Banking, Consumer Banking, and Wealth Management.