Bank OZK Stock Gets Higher EPS Forecast from Zacks Research

Bank OZK (NASDAQ:OZK) – Equities research analysts at Zacks Research raised their FY2027 EPS estimates for Bank OZK in a report issued on Monday, September 28th. Zacks Research analyst Team now expects that the company will earn $6.10 per share for the year, up from their prior forecast of $6.09. Zacks Research 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.

A number of other research firms have also weighed in on OZK. Wall Street Zen upgraded shares of Bank OZK from a “sell” rating to a “hold” rating in a research report on Sunday. Weiss Ratings reiterated a “buy (b)” rating on shares of Bank OZK in a report on Friday, September 18th. Wells Fargo & Company set a $51.00 target price on shares of Bank OZK in a report on Tuesday. UBS Group boosted their price target on shares of Bank OZK from $50.00 to $51.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 28th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $61.00 price objective on shares of Bank OZK in a research report on Wednesday, July 22nd. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Bank OZK currently has a consensus rating of “Hold” and a consensus target price of $54.86.

Bank OZK Stock Down 0.9%

OZK opened at $46.20 on Wednesday. The company has a market cap of $5.17 billion, a PE ratio of 7.64 and a beta of 0.88. Bank OZK has a twelve month low of $42.37 and a twelve month high of $53.39. The company has a 50-day moving average price of $49.71 and a 200 day moving average price of $48.84. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.08.

Bank OZK (NASDAQ:OZK) last posted its quarterly earnings data on Tuesday, July 21st. The company reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.48 by $0.01. Bank OZK had a net margin of 24.95% and a return on equity of 11.87%. The firm had revenue of $430.02 million for the quarter, compared to the consensus estimate of $436.42 million. During the same quarter in the prior year, the company posted $1.47 earnings per share. The company’s revenue for the quarter was up .5% compared to the same quarter last year.

Bank OZK announced that its Board of Directors has initiated a stock repurchase plan on Monday, June 29th that allows the company to repurchase $200.00 million in outstanding shares. This repurchase authorization allows the company to buy up to 3.4% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Norges Bank acquired a new position in shares of Bank OZK in the fourth quarter valued at approximately $59,809,000. Bank of New York Mellon Corp purchased a new position in shares of Bank OZK in the 2nd quarter valued at about $63,410,000. Quantinno Capital Management LP lifted its position in shares of Bank OZK by 41.7% during the 1st quarter. Quantinno Capital Management LP now owns 929,888 shares of the company’s stock valued at $42,673,000 after acquiring an additional 273,543 shares during the period. Diamond Hill Capital Management LLC Investment Advisor acquired a new position in Bank OZK during the second quarter worth $14,038,000. Finally, Ranger Investment Management L.P. acquired a new position in shares of Bank OZK during the 2nd quarter worth $13,240,000. 86.18% of the stock is owned by hedge funds and other institutional investors.

Bank OZK Company Profile

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.