Bank OZK (OZK) Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bank OZK in the last year. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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.
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7 brokers have issued 1 year target prices for Bank OZK's stock. Their OZK share price forecasts range from $35.00 to $54.00. On average, they expect the company's stock price to reach $40.57 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price.
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Bank OZK's stock was trading at $40.06 at the beginning of 2023. Since then, OZK shares have decreased by 8.4% and is now trading at $36.70.
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Bank OZK saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 16,120,000 shares, an increase of 20.6% from the April 30th total of 13,370,000 shares. Based on an average daily volume of 2,180,000 shares, the days-to-cover ratio is currently 7.4 days. Currently, 14.0% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023.
View our OZK earnings forecast.

Bank OZK (NASDAQ:OZK) posted its quarterly earnings results on Friday, April, 21st. The company reported $1.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.43 by $0.02. The firm earned $375.30 million during the quarter, compared to the consensus estimate of $361.56 million. Bank OZK had a trailing twelve-month return on equity of 13.95% and a net margin of 38.48%. The firm's revenue for the quarter was up 33.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.02 EPS.

Bank OZK declared a quarterly dividend on Monday, April 3rd. Shareholders of record on Friday, April 14th will be paid a dividend of $0.35 per share on Friday, April 21st. This represents a $1.40 annualized dividend and a yield of 3.81%. The ex-dividend date is Thursday, April 13th. This is a boost from the stock's previous quarterly dividend of $0.34.
Read our dividend analysis for OZK.

ETFs with the largest weight of Bank OZK (NASDAQ:OZK) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), iShares Focused Value Factor ETF (FOVL), First Trust NASDAQ ABA Community Bank Index Fund (QABA), SPDR S&P Regional Banking ETF (KRE), Invesco KBW Regional Banking ETF (KBWR), SPDR S&P Bank ETF (KBE), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) and First Trust Dorsey Wright Momentum & Dividend ETF (DDIV).

Bank OZK (NASDAQ:OZK) pays an annual dividend of $1.40 per share and currently has a dividend yield of 3.64%. 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 28.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OZK will have a dividend payout ratio of 25.04% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OZK.

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.

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).

Bank OZK trades on the NASDAQ under the ticker symbol "OZK."

Bank OZK's stock is owned by a number of institutional and retail investors. Top institutional investors include State Street Corp (10.20%), BlackRock Inc. (8.42%), Wasatch Advisors LP (6.59%), Dimensional Fund Advisors LP (5.60%), Charles Schwab Investment Management Inc. (2.29%) and Diamond Hill Capital Management Inc. (1.74%).

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.
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One share of OZK stock can currently be purchased for approximately $36.70.

Bank OZK (NASDAQ:OZK) has a market capitalization of $4.60 billion and generates $1.38 billion in revenue each year. The company earns $564.14 million in net income (profit) each year or $4.93 on an earnings per share basis.

The company employs 2,646 workers across the globe.

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.