Several analysts have recently updated their ratings and price targets for Bank of the Ozarks (NASDAQ: OZRK):

  • 8/4/2017 – Bank of the Ozarks was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 8/3/2017 – Bank of the Ozarks was given a new $48.00 price target on by analysts at Stephens. They now have a “hold” rating on the stock.
  • 8/2/2017 – Bank of the Ozarks had its “buy” rating reaffirmed by analysts at Brean Capital.
  • 8/2/2017 – Bank of the Ozarks is now covered by analysts at Morgan Stanley. They set an “overweight” rating and a $54.00 price target on the stock.
  • 7/28/2017 – Bank of the Ozarks was given a new $48.00 price target on by analysts at Stephens. They now have a “hold” rating on the stock.
  • 7/27/2017 – Bank of the Ozarks was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 7/14/2017 – Bank of the Ozarks had its “buy” rating reaffirmed by analysts at Brean Capital. They now have a $59.00 price target on the stock.
  • 7/6/2017 – Bank of the Ozarks was given a new $56.00 price target on by analysts at Keefe, Bruyette & Woods. They now have a “buy” rating on the stock.
  • 6/24/2017 – Bank of the Ozarks was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 6/22/2017 – Bank of the Ozarks was given a new $64.00 price target on by analysts at Stephens. They now have a “buy” rating on the stock.

Bank of the Ozarks (NASDAQ:OZRK) opened at 41.94 on Friday. Bank of the Ozarks has a 52 week low of $35.53 and a 52 week high of $56.86. The firm has a market capitalization of $5.38 billion, a price-to-earnings ratio of 14.75 and a beta of 1.52. The company has a 50-day moving average of $46.07 and a 200-day moving average of $49.55.

Bank of the Ozarks (NASDAQ:OZRK) last released its quarterly earnings results on Wednesday, July 12th. The financial services provider reported $0.73 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.73. Bank of the Ozarks had a net margin of 46.15% and a return on equity of 11.75%. The company had revenue of $237.30 million for the quarter, compared to analyst estimates of $232.85 million. During the same period last year, the firm earned $0.60 earnings per share. The firm’s revenue was up 64.8% on a year-over-year basis. On average, equities analysts forecast that Bank of the Ozarks will post $2.97 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, July 21st. Investors of record on Friday, July 14th were given a dividend of $0.18 per share. This is a positive change from Bank of the Ozarks’s previous quarterly dividend of $0.18. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date of this dividend was Wednesday, July 12th. Bank of the Ozarks’s dividend payout ratio (DPR) is presently 25.35%.

In related news, Director Peter C. Kenny sold 1,034 shares of the firm’s stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of $46.00, for a total transaction of $47,564.00. Following the transaction, the director now directly owns 8,600 shares of the company’s stock, valued at $395,600. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.70% of the stock is owned by company insiders.

Bank of the Ozarks, Inc is a state chartered bank that provides retail and commercial banking services. Its deposit services include checking, savings, money market, time deposit and individual retirement accounts. Its loan services include various types of real estate, consumer, commercial, industrial and agricultural loans and various leasing services.

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