Bank OZK - OZK Stock Forecast, Price & News

7 Wall Street research 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 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.
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7 analysts have issued 12-month price targets for Bank OZK's shares. Their OZK share price forecasts range from $40.00 to $54.00. On average, they predict the company's share price to reach $46.33 in the next twelve months. This suggests a possible upside of 34.2% from the stock's current price.
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Bank OZK's stock was trading at $40.06 at the beginning of the year. Since then, OZK stock has decreased by 13.8% and is now trading at $34.52.
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Bank OZK saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 8,820,000 shares, an increase of 25.5% from the February 28th total of 7,030,000 shares. Based on an average trading volume of 1,400,000 shares, the short-interest ratio is currently 6.3 days. Currently, 7.5% 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, April 20th 2023.
View our OZK earnings forecast.

Bank OZK (NASDAQ:OZK) issued its quarterly earnings data on Thursday, January, 19th. The company reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.01. The company had revenue of $360.03 million for the quarter, compared to analysts' expectations of $338.35 million. Bank OZK had a net margin of 40.86% and a trailing twelve-month return on equity of 13.13%.

Bank OZK announced a quarterly dividend on Tuesday, January 3rd. Investors of record on Tuesday, January 17th will be paid a dividend of $0.34 per share on Tuesday, January 24th. This represents a $1.36 annualized dividend and a yield of 3.94%. The ex-dividend date of this dividend is Friday, January 13th. This is an increase from the stock's previous quarterly dividend of $0.33.
Read our dividend analysis for OZK.

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

Bank OZK (NASDAQ:OZK) pays an annual dividend of $1.36 per share and currently has a dividend yield of 3.96%. OZK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 29.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OZK will have a dividend payout ratio of 22.90% 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 retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (5.52%), Charles Schwab Investment Management Inc. (2.39%), Diamond Hill Capital Management Inc. (1.76%), Principal Financial Group Inc. (1.70%), Jarislowsky Fraser Ltd (1.59%) and Copeland Capital Management LLC (1.44%).

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 $34.52.

Bank OZK (NASDAQ:OZK) has a market capitalization of $4.33 billion and generates $1.38 billion in revenue each year. The company earns $564.14 million in net income (profit) each year or $4.54 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.