Somewhat Positive Media Coverage Somewhat Unlikely to Affect Bank of the Ozarks (OZRK) Stock Price
News articles about Bank of the Ozarks (NASDAQ:OZRK) have been trending somewhat positive recently, Accern reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Bank of the Ozarks earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 46.3206771469914 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
- What is Behind Bank of the Ozarks’s (OZRK) Superior ROE? (finance.yahoo.com)
- PiperJaffray Starts Coverage on Bank of the Ozarks (OZRK) With An … – First News 24 (firstnewspaper24.com)
- Piper Jaffray Assumes Bank of the Ozarks (OZRK) at Overweight – StreetInsider.com (streetinsider.com)
- Bank of the Ozarks’ (OZRK) Overweight Rating Reaffirmed at Piper Jaffray Companies (americanbankingnews.com)
- Fed Minutes Due; Big Banks Kick Off 3Q Earnings Season (schaeffersresearch.com)
A number of equities analysts have commented on OZRK shares. Piper Jaffray Companies reissued an “overweight” rating and issued a $55.00 price target on shares of Bank of the Ozarks in a research note on Thursday. Zacks Investment Research raised shares of Bank of the Ozarks from a “sell” rating to a “hold” rating in a research note on Monday, August 28th. BidaskClub cut shares of Bank of the Ozarks from a “hold” rating to a “sell” rating in a research note on Saturday, June 24th. ValuEngine cut shares of Bank of the Ozarks from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, Brean Capital reissued a “buy” rating on shares of Bank of the Ozarks in a research note on Wednesday, August 2nd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $52.57.
Bank of the Ozarks (NASDAQ:OZRK) opened at 48.11 on Monday. Bank of the Ozarks has a 1-year low of $35.53 and a 1-year high of $56.86. The stock has a market cap of $6.17 billion, a PE ratio of 16.87 and a beta of 1.54. The firm has a 50-day moving average of $44.22 and a 200-day moving average of $46.39.
Bank of the Ozarks (NASDAQ:OZRK) last posted its 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 firm had revenue of $237.30 million during the quarter, compared to analyst estimates of $232.85 million. During the same period last year, the firm posted $0.60 earnings per share. Bank of the Ozarks’s revenue for the quarter was up 64.8% compared to the same quarter last year. Analysts expect that Bank of the Ozarks will post $2.97 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 20th. Investors of record on Friday, October 13th will be issued a $0.185 dividend. The ex-dividend date of this dividend is Thursday, October 12th. This is a positive change from Bank of the Ozarks’s previous quarterly dividend of $0.18. This represents a $0.74 dividend on an annualized basis and a dividend yield of 1.54%. Bank of the Ozarks’s dividend payout ratio (DPR) is 25.35%.
ILLEGAL ACTIVITY NOTICE: This piece was first reported by Watch List News and is the property of of Watch List News. If you are viewing this piece on another publication, it was stolen and reposted in violation of U.S. and international copyright legislation. The correct version of this piece can be viewed at https://www.watchlistnews.com/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-bank-of-the-ozarks-ozrk-stock-price/1618480.html.
Bank of the Ozarks Company Profile
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.
Receive News & Ratings for Bank of the Ozarks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of the Ozarks and related companies with Analyst Ratings Network's FREE daily email newsletter.