NASDAQ:OZK

Bank OZK (OZK) Stock Forecast, Price & News

$36.56

+0.26 (+0.72%)

(As of 09/22/2023 ET)

Compare

Today's Range: $36.06
▼
$36.69
50-Day Range: $36.30
▼
$44.67
52-Week Range: $30.72
▼
$49.52

Volume: 793,566 shs
Average Volume: 857,607 shs
Market Capitalization: $4.59 billion

P/E Ratio: 6.90
Dividend Yield: 3.94%
Price Target: $40.50

Bank OZK MarketRank™ Forecast

Analyst Rating: Hold
2.17 Rating Score
Upside/Downside: 10.8% Upside
$40.50 Price Target
Short Interest: Bearish
10.59% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.68
Upright™ Environmental Score
News Sentiment: 0.39
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -2.26%
From $5.75 to $5.62 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.22 out of 5 stars

Finance Sector

532nd out of 845 stocks

State Commercial Banks Industry

130th out of 176 stocks

2.1

Analyst's Opinion

Consensus Rating
Bank OZK has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $40.50, Bank OZK has a forecasted upside of 10.8% from its current price of $36.56.
Amount of Analyst Coverage
Bank OZK has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
10.59% of the float of Bank OZK has been sold short.
Short Interest Ratio / Days to Cover
Bank OZK has a short interest ratio ("days to cover") of 8.3.
Change versus previous month
Short interest in Bank OZK has recently decreased by 3.38%, indicating that investor sentiment is improving.

5.0

Dividend Strength

Dividend Leadership
Bank OZK is a leading dividend payer. It pays a dividend yield of 3.94%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Bank OZK has been increasing its dividend for 27 years.
Dividend Coverage
The dividend payout ratio of Bank OZK is 27.17%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Bank OZK will have a dividend payout ratio of 25.62% next year. This indicates that Bank OZK will be able to sustain or increase its dividend.

2.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Bank OZK has received a 24.68% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Mortgages provided by brick and mortar banks", "Home equity loans", "Consumer transaction accounts provided by brick and mortar banks", "Wire transfer services", "Corporate credit granting", and "Consumer savings accounts provided by brick and mortar banks" products. See details.
Environmental Sustainability
The Environmental Impact score for Bank OZK is -0.68.

1.9

News and Social Media Coverage

News Sentiment
Bank OZK has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.71 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Bank OZK this week, compared to 4 articles on an average week.
Search Interest
Only 5 people have searched for OZK on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Bank OZK to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Bank OZK insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 6.70% of the stock of Bank OZK is held by insiders.
Percentage Held by Institutions
84.84% of the stock of Bank OZK is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Bank OZK are expected to decrease by -2.26% in the coming year, from $5.75 to $5.62 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Bank OZK is 6.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.97.
Price to Earnings Ratio vs. Sector
The P/E ratio of Bank OZK is 6.90, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 65.35.
Price to Book Value per Share Ratio
Bank OZK has a P/B Ratio of 1.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Bank OZK (NASDAQ:OZK) Stock

Bank OZK provides various retail and commercial banking services. The company accepts various deposit products, including non-interest-bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits. It also offers real estate, consumer and business purpose, indirect recreational vehicle and marine, commercial and industrial, government guaranteed, agricultural equipment, small business, lines of credit, homebuilder, and affordable housing loans; business aviation and subscription financing services; and mortgage and other lending products. In addition, the company provides trust and wealth services, such as personal trusts, custodial accounts, investment management accounts, and retirement accounts, as well as corporate trust services, including trustee, paying agent and registered transfer agent services, and other related services. Further, it offers treasury management services comprising automated clearing house, wire transfer, transaction reporting, wholesale lockbox, remote deposit capture, automated credit line transfer, reconciliation, positive pay, merchant and commercial card, and other services, as well as zero balance and investment sweep accounts. Additionally, the company provides ATMs; telephone, online, and mobile banking services; debit and credit cards; safe deposit boxes; and other products and services, as well as processes merchant debit and credit card transactions. The company was formerly known as Bank of the Ozarks and changed its name to Bank OZK in July 2018. Bank OZK was founded in 1903 and is headquartered in Little Rock, Arkansas.

OZK Price History

30 days | 90 days | 365 days | Advanced Chart

OZK Stock News Headlines

September 22, 2023 | americanbankingnews.com

Bank OZK (NASDAQ:OZK) Rating Lowered to Sell at StockNews.com

September 21, 2023 | finance.yahoo.com

OZK Sep 2023 38.000 call

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September 21, 2023 | finance.yahoo.com

Bank OZK (OZK) Exceeded Expectations in Q2

September 20, 2023 | bizjournals.com

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August 10, 2023 | finance.yahoo.com

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Wells Fargo Keeps Their Buy Rating on Bank of NT Butterfield & Son (NTB)

July 26, 2023 | nytimes.com

How Regional Banks Got Healthy Again

July 25, 2023 | msn.com

Stephens & Co. Maintains Bank OZK (OZK) Equal-Weight Recommendation

July 24, 2023 | markets.businessinsider.com

Expert Ratings for Bank OZK

July 24, 2023 | markets.businessinsider.com

KBW Reaffirms Their Hold Rating on Bank OZK (OZK)

July 22, 2023 | uk.finance.yahoo.com

Q2 2023 Bank Ozk Earnings Call

July 21, 2023 | markets.businessinsider.com

Piper Sandler Reaffirms Their Buy Rating on Bank OZK (OZK)

July 20, 2023 | finance.yahoo.com

Bank OZK (OZK) Lags Q2 Earnings Estimates

July 19, 2023 | benzinga.com

Bank OZK's Earnings Outlook

July 8, 2023 | msn.com

Morgan Stanley Reiterates Bank OZK (OZK) Equal-Weight Recommendation

July 7, 2023 | thestreet.com

Bank OZK 4.625% Series A Non-Cumulative Perpetual Preferred Stock

July 7, 2023 | msn.com

Analyst Ratings for Bank OZK

See More Headlines

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OZK Company Calendar

Ex-Dividend for 7/21 Dividend: 7/13/2023
Last Earnings: 7/21/2023
Dividend Payable: 7/21/2023
Today: 9/24/2023
Next Earnings (Estimated): 10/19/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: State commercial banks
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:OZK
CUSIP: N/A
CIK: 1569650
Web: www.ozk.com
Phone: (501) 978-2265
Fax: 501-978-2224
Employees: 2,646
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $40.50
High Stock Price Forecast: $48.00
Low Stock Price Forecast: $35.00
Forecasted Upside/Downside: +10.8%
Consensus Rating: Hold
Rating Score (0-4): 2.17
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.30
Trailing P/E Ratio: 6.90
Forward P/E Ratio: 6.36
P/E Growth: N/A
Net Income: $564.14 million
Net Margins: 35.47%
Pretax Margin: 44.83%
Return on Equity: 14.60%
Return on Assets: 2.24%

Debt

Debt-to-Equity Ratio: 0.35
Current Ratio: 1.03
Quick Ratio: 1.03

Sales & Book Value

Annual Sales: $1.38 billion
Price / Sales: 3.32
Cash Flow: $5.11 per share
Price / Cash Flow: 7.16
Book Value: $34.69 per share
Price / Book: 1.05

Miscellaneous

Outstanding Shares: 125,440,000
Free Float: 117,039,000
Market Cap: $4.59 billion
Optionable: Optionable
Beta: 1.44

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Key Executives

Mr. George G. Gleason II (Age 69)
Chairman & CEO
Comp: $3.6M

Mr. Paschall Brannon Hamblen (Age 57)
Pres
Comp: $1.83M

Mr. Tim Hicks CPA (Age 50)
Chief Financial Officer
Comp: $1.51M

Ms. Cynthia Wolfe (Age 57)
Chief Operating Officer
Comp: $869.89k

Mr. Scott Trapani (Age 60)
Chief Risk Officer
Comp: $697.53k

Mr. Stan Thomas (Age 51)
Chief Accounting Officer

Mr. Patrick M. Carr (Age 50)
Managing Director of Corp. Fin. Data & Technology

Mr. Jason Cathey (Age 42)
Chief Information Officer

Ms. Tamara Gotham (Age 39)
Chief Admin. Officer

Ms. Helen Woodyard Brown J.D. (Age 45)
Gen. Counsel & Corp. Sec.

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

OZK Stock - Frequently Asked Questions

Should I buy or sell Bank OZK stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bank OZK in the last twelve months. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" OZK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OZK, but not buy additional shares or sell existing shares.
View OZK analyst ratings or view top-rated stocks.
What is Bank OZK's stock price forecast for 2023?: 6 brokers have issued 12-month price objectives for Bank OZK's shares. Their OZK share price forecasts range from $35.00 to $48.00. On average, they predict the company's stock price to reach $40.50 in the next twelve months. This suggests a possible upside of 10.8% from the stock's current price.
View analysts price targets for OZK or view top-rated stocks among Wall Street analysts.
How have OZK shares performed in 2023?: Bank OZK's stock was trading at $40.06 at the beginning of 2023. Since then, OZK stock has decreased by 8.7% and is now trading at $36.56.
View the best growth stocks for 2023 here.
When is Bank OZK's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 19th 2023.
View our OZK earnings forecast.
How were Bank OZK's earnings last quarter?: Bank OZK (NASDAQ:OZK) issued its quarterly earnings results on Friday, July, 21st. The company reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by $0.01. The firm earned $388.81 million during the quarter, compared to the consensus estimate of $374.41 million. Bank OZK had a trailing twelve-month return on equity of 14.60% and a net margin of 35.47%. The business's revenue for the quarter was up 33.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.10 EPS.
How often does Bank OZK pay dividends? What is the dividend yield for Bank OZK?: Bank OZK declared a quarterly dividend on Monday, July 3rd. Stockholders of record on Friday, July 14th will be given a dividend of $0.36 per share on Friday, July 21st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 3.94%. The ex-dividend date is Thursday, July 13th. This is a positive change from the stock's previous quarterly dividend of $0.35.
Read our dividend analysis for OZK.
What ETFs hold Bank OZK's stock?: ETFs with the largest weight of Bank OZK (NASDAQ:OZK) stock in their portfolio include First Trust NASDAQ ABA Community Bank Index Fund (QABA), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Invesco KBW Regional Banking ETF (KBWR), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), First Trust Long/Short Equity ETF (FTLS), First Trust Financial AlphaDEX Fund (FXO) and Invesco S&P MidCap Value with Momentum ETF (XMVM).
Is Bank OZK a good dividend stock?: Bank OZK (NASDAQ:OZK) pays an annual dividend of $1.44 per share and currently has a dividend yield of 3.94%. The company has been increasing its dividend for 27 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 27.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OZK will have a dividend payout ratio of 25.62% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OZK.

What is George G. Gleason's approval rating as Bank OZK's CEO?: 132 employees have rated Bank OZK Chief Executive Officer George G. Gleason on Glassdoor.com. George G. Gleason has an approval rating of 92% among the company's employees. This puts George G. Gleason in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Bank OZK own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Bank OZK investors own include AbbVie (ABBV), Chevron (CVX), Enterprise Products Partners (EPD), InterDigital (IDCC), Johnson & Johnson (JNJ), Pfizer (PFE), AT&T (T), Verizon Communications (VZ), Exxon Mobil (XOM) and Altria Group (MO).
What is Bank OZK's stock symbol?: Bank OZK trades on the NASDAQ under the ticker symbol "OZK."
Who are Bank OZK's major shareholders?: Bank OZK's stock is owned by many different institutional and retail investors. Top institutional shareholders include State Street Corp (8.39%), BlackRock Inc. (8.14%), Wasatch Advisors LP (6.21%), Dimensional Fund Advisors LP (5.56%), Goldman Sachs Group Inc. (3.44%) and Charles Schwab Investment Management Inc. (2.36%).
How do I buy shares of Bank OZK?: Shares of OZK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Bank OZK's stock price today?: One share of OZK stock can currently be purchased for approximately $36.56.
How much money does Bank OZK make?: Bank OZK (NASDAQ:OZK) has a market capitalization of $4.59 billion and generates $1.38 billion in revenue each year. The company earns $564.14 million in net income (profit) each year or $5.30 on an earnings per share basis.
How many employees does Bank OZK have?: The company employs 2,646 workers across the globe.
How can I contact Bank OZK?: Bank OZK's mailing address is 18000 CANTRELL ROAD, LITTLE ROCK AR, 72223. The official website for the company is www.ozk.com. The company can be reached via phone at (501) 978-2265, via email at info@bankozarks.com, or via fax at 501-978-2224.

This page (NASDAQ:OZK) was last updated on 9/24/2023 by MarketBeat.com Staff

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