NASDAQ:OZKBank Ozk Stock Price, Forecast & News

$22.59

+0.10 (+0.44 %)

(As of 06/1/2020 10:26 AM ET)

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Today's Range

$22.27

Now: $22.59▼

$22.62

50-Day Range

$17.07

MA: $20.27▼

$23.97

52-Week Range

$14.20

Now: $22.59▼

$31.76

Volume4,380 shs

Average Volume1.13 million shs

Market Capitalization$2.92 billion

P/E Ratio8.89

Dividend Yield4.80%

Beta2.03

Bank OZK provides retail and commercial banking services to businesses, individuals, and non-profit and governmental entities. The company accepts non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits. Its loan products include loans secured by residential 1-4 family, non-farm/non-residential, agricultural, construction/land development, multifamily residential properties, and other land loans; small business and consumer loans; indirect consumer marine and RV loans; small business administration, farm service agency, and USDA guaranteed loans; commercial and industrial loans; and loans to businesses or individuals engages in the production of timber, poultry, livestock, or crops. The company also ACH, wire transfer, zero balance accounts, transaction reporting, wholesale lockbox, remote deposit capture, automated credit line transfer, investment sweep accounts, reconciliation, positive pay, and merchant and commercial card services. In addition, it provides personal trusts, custodial accounts, investment management accounts, and retirement accounts; and trustee, paying agent and registered transfer agent services, and other incidental services. Further, the company is involved in the provision of real estate appraisals; ATMs; telephone banking; electronic bill pay and mobile deposits; debit cards; safe deposit boxes; investment securities services; and other products and services, as well as processes merchant debit and credit card transactions, as well as real estate development and corporate aircraft businesses. As of December 31, 2018, it operated 251 offices in Arkansas, Georgia, Florida, North Carolina, Texas, Alabama, South Carolina, California, New York, and Mississippi. 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.

Beat the Market (BTM) Rank^™

3.1 Analyst's Opinion

Consensus Rating
Bank Ozk has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $25.29, Bank Ozk has a potential upside of 11.9% from its current price of $22.59.
Amount of Analyst Coverage
Bank Ozk has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0 Community Rank

Outperform Votes
Bank Ozk has received 155 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Bank Ozk has received 230 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Bank Ozk has received 59.74% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Bank Ozk and other stocks. Vote “Outperform” if you believe OZK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe OZK will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Bank Ozk is a leading dividend payer. It pays a dividend yield of 4.80%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Bank Ozk has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Bank Ozk is 32.73 %. 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 50.23 % next year. This indicates that Bank Ozk will be able to sustain or increase its dividend.

1.0 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
83.37% of the stock of Bank Ozk is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Bank Ozk are expected to grow by 38.71% in the coming year, from $1.55 to $2.15 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Bank Ozk is 8.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of Bank Ozk is 8.89, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.84.
Price to Book Value per Share Ratio
Bank Ozk has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.52 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:OZK

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.ozk.com

Phone501-978-2265

Debt

Debt-to-Equity Ratio0.34

Current Ratio1.02

Quick Ratio1.02

Price-To-Earnings

Trailing P/E Ratio8.89

Forward P/E Ratio14.57

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.27 billion

Price / Sales2.30

Cash Flow$3.59 per share

Price / Cash Flow6.29

Book Value$32.21 per share

Price / Book0.70

Profitability

EPS (Most Recent Fiscal Year)$3.30

Net Income$425.91 million

Net Margins26.16%

Return on Equity8.02%

Return on Assets1.38%

Miscellaneous

Employees2,774

Outstanding Shares129,320,000

Market Cap$2.92 billion

Next Earnings Date7/16/2020 (Estimated)

OptionableOptionable

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Bank Ozk (NASDAQ:OZK) Frequently Asked Questions

How has Bank Ozk's stock been impacted by COVID-19 (Coronavirus)?

Bank Ozk's stock was trading at $21.01 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, OZK stock has increased by 7.5% and is now trading at $22.59. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Bank Ozk?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bank Ozk in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Bank Ozk.

When is Bank Ozk's next earnings date?

Bank Ozk is scheduled to release its next quarterly earnings announcement on Thursday, July 16th 2020. View our earnings forecast for Bank Ozk.

How were Bank Ozk's earnings last quarter?

Bank Ozk (NASDAQ:OZK) announced its quarterly earnings data on Thursday, April, 23rd. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by $0.52. The company earned $237.46 million during the quarter, compared to analysts' expectations of $233.73 million. Bank Ozk had a net margin of 26.16% and a return on equity of 8.02%. During the same period last year, the business posted $0.86 earnings per share. View Bank Ozk's earnings history.

How often does Bank Ozk pay dividends? What is the dividend yield for Bank Ozk?

Bank Ozk announced a quarterly dividend on Thursday, April 2nd. Shareholders of record on Monday, April 13th will be given a dividend of $0.27 per share on Monday, April 20th. This represents a $1.08 annualized dividend and a yield of 4.78%. The ex-dividend date of this dividend is Thursday, April 9th. This is a positive change from Bank Ozk's previous quarterly dividend of $0.26. View Bank Ozk's dividend history.

What price target have analysts set for OZK?

7 equities research analysts have issued twelve-month price targets for Bank Ozk's shares. Their forecasts range from $19.00 to $37.00. On average, they expect Bank Ozk's share price to reach $25.29 in the next year. This suggests a possible upside of 11.9% from the stock's current price. View analysts' price targets for Bank Ozk.

Has Bank Ozk been receiving favorable news coverage?

Media headlines about OZK stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Bank Ozk earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutBank Ozk.

Are investors shorting Bank Ozk?

Bank Ozk saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 8,630,000 shares, an increase of 9.5% from the April 30th total of 7,880,000 shares. Based on an average daily volume of 1,490,000 shares, the days-to-cover ratio is currently 5.8 days. Currently, 7.1% of the company's stock are sold short. View Bank Ozk's Current Options Chain.

Who are some of Bank Ozk's key competitors?

Some companies that are related to Bank Ozk include SVB Financial Group (SIVB), Citizens Financial Group (CFG), Commerce Bancshares (CBSH), Ally Financial (ALLY), Prosperity Bancshares (PB), Signature Bank (SBNY), East West Bancorp (EWBC), First Financial Bankshares (FFIN), Glacier Bancorp (GBCI), First Citizens BancShares (FCNCA), Western Alliance Bancorporation (WAL), Popular (BPOP), United Bankshares (UBSI), CVB Financial (CVBF) and Bank of Hawaii (BOH). View all competitors.

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), Verizon Communications (VZ), Enterprise Products Partners (EPD), Chevron (CVX), Johnson & Johnson (JNJ), AT&T (T), Exxon Mobil (XOM), IBM (IBM), InterDigital Wireless (IDCC) and Pfizer (PFE).

Who are Bank Ozk's key executives?

Bank Ozk's management team includes the following people:

Mr. George G. Gleason II, Chairman & CEO (Age 65)
Mr. Gregory L. McKinney, CFO & Chief Accounting Officer (Age 51)
Mr. Tim Hicks CPA, Chief Admin. Officer & Exec. Director of Investor Relations (Age 46)
Mr. Paschall Brannon Hamblen, Pres & COO - Real Estate Specialties Group (RESG) (Age 53)
Mr. Gregory Berg, Sr. VP

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 (10.76%), BlackRock Inc. (8.62%), Diamond Hill Capital Management Inc. (4.28%), Principal Financial Group Inc. (3.61%), Bank OZK (1.39%) and Bank of New York Mellon Corp (1.32%).

Which institutional investors are selling Bank Ozk stock?

OZK stock was sold by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, First Trust Advisors LP, BlackRock Inc., Nuveen Asset Management LLC, UBS Group AG, Principal Financial Group Inc., Mackay Shields LLC, and Parametric Portfolio Associates LLC.

Which institutional investors are buying Bank Ozk stock?

OZK stock was acquired by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., ArrowMark Colorado Holdings LLC, APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., Envestnet Asset Management Inc., TCW Group Inc., and Ziegler Capital Management LLC.

How do I buy shares of Bank Ozk?

Shares of OZK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Bank Ozk's stock price today?

One share of OZK stock can currently be purchased for approximately $22.59.

How big of a company is Bank Ozk?

Bank Ozk has a market capitalization of $2.92 billion and generates $1.27 billion in revenue each year. The company earns $425.91 million in net income (profit) each year or $3.30 on an earnings per share basis. Bank Ozk employs 2,774 workers across the globe.

What is Bank Ozk's official website?

The official website for Bank Ozk is www.ozk.com.

How can I contact Bank Ozk?

Bank Ozk's mailing address is 17901 CHENAL PARKWAY, LITTLE ROCK AR, 72223. The company can be reached via phone at 501-978-2265 or via email at [email protected]

This page was last updated on 6/1/2020 by MarketBeat.com Staff