FY2027 EPS Forecast for Bank OZK Increased by Analyst

Key Points

• Zacks Research raised its FY2027 EPS forecast for Bank OZK to $6.10 from $6.09, while maintaining a “Hold” rating. Analysts’ consensus rating remains “Hold,” with an average price target of $54.86.
• Bank OZK’s latest quarterly results slightly exceeded expectations, with EPS of $1.49 versus the $1.48 consensus, although revenue of $430.02 million fell short of estimates.
• The stock opened at $46.20 and is down 0.9%; the bank also authorized a $200 million share-repurchase program, covering up to 3.4% of outstanding shares.

Bank OZK (NASDAQ:OZK - Free Report) - Research analysts at Zacks Research boosted their FY2027 earnings per share (EPS) estimates for shares of Bank OZK in a note issued to investors on Monday, September 28th. Zacks Research analyst Team now anticipates that the company will post earnings of $6.10 per share for the year, up from their prior forecast of $6.09. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Bank OZK's current full-year earnings is $5.82 per share. Zacks Research also issued estimates for Bank OZK's Q4 2027 earnings at $1.56 EPS and Q1 2028 earnings at $1.72 EPS.

Bank OZK (NASDAQ:OZK - Get Free Report) last issued its quarterly earnings data on Tuesday, July 21st. The company reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.01. The firm had revenue of $430.02 million for the quarter, compared to analysts' expectations of $436.42 million. Bank OZK had a net margin of 24.95% and a return on equity of 11.87%. The business's quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.47 EPS.

OZK has been the subject of a number of other research reports. Citigroup reissued a "sell" rating on shares of Bank OZK in a research report on Monday, August 17th. Wells Fargo & Company set a $51.00 target price on Bank OZK in a report on Tuesday. Raymond James Financial started coverage on Bank OZK in a report on Tuesday, September 1st. They set a "market perform" rating for the company. Weiss Ratings restated a "buy (b)" rating on shares of Bank OZK in a research report on Friday, September 18th. Finally, TD Cowen decreased their price objective on Bank OZK from $53.00 to $52.00 and set a "hold" rating on the stock in a research note on Friday, July 24th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $54.86.

Bank OZK Stock Down 0.9%

Shares of OZK stock opened at $46.20 on Wednesday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.08. Bank OZK has a 12 month low of $42.37 and a 12 month high of $53.39. The stock has a market cap of $5.17 billion, a P/E ratio of 7.64 and a beta of 0.88. The company has a 50 day simple moving average of $49.71 and a two-hundred day simple moving average of $48.84.

Bank OZK declared that its board has approved a stock buyback program on Monday, June 29th that authorizes the company to repurchase $200.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 3.4% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its stock is undervalued.

Hedge Funds Weigh In On Bank OZK

Several institutional investors have recently bought and sold shares of OZK. Sequoia Financial Advisors LLC bought a new stake in shares of Bank OZK in the second quarter worth about $220,000. Tidal Investments LLC lifted its position in Bank OZK by 5.0% in the second quarter. Tidal Investments LLC now owns 17,315 shares of the company's stock worth $902,000 after buying an additional 825 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of Bank OZK in the 2nd quarter worth about $4,293,000. NewEdge Advisors LLC boosted its position in shares of Bank OZK by 724.9% during the second quarter. NewEdge Advisors LLC now owns 5,304 shares of the company's stock valued at $276,000 after buying an additional 4,661 shares during the period. Finally, IFP Advisors Inc boosted its holdings in Bank OZK by 1,307.5% during the 2nd quarter. IFP Advisors Inc now owns 746 shares of the company's stock valued at $39,000 after acquiring an additional 693 shares during the period. 86.18% of the stock is owned by hedge funds and other institutional investors.

About Bank OZK

Bank OZK is a regional financial institution headquartered in Little Rock, Arkansas. The company provides banking services to individuals, businesses and institutions through a network of banking offices concentrated in the Southeastern United States and select markets, including New York and California.

Its products and services include checking and savings accounts, certificates of deposit, residential and commercial real estate loans, consumer lending, commercial and industrial financing, treasury management and other business banking solutions.

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