Southwest Bancorp, Inc. (NASDAQ:OKSB) Given Average Rating of “Hold” by Analysts
Southwest Bancorp, Inc. (NASDAQ:OKSB) has been given an average recommendation of “Hold” by the eight brokerages that are covering the company, MarketBeat reports. Seven equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $29.00.
A number of equities analysts have recently commented on the stock. UBS Group AG upgraded shares of Southwest Bancorp from an “underperform” rating to a “market perform” rating in a report on Wednesday, July 5th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $29.00 price target on shares of Southwest Bancorp in a report on Thursday. Zacks Investment Research upgraded shares of Southwest Bancorp from a “hold” rating to a “buy” rating and set a $29.00 price target on the stock in a report on Tuesday, July 4th. Stephens reiterated a “hold” rating on shares of Southwest Bancorp in a report on Tuesday, July 25th. Finally, Sandler O’Neill upgraded shares of Southwest Bancorp from a “hold” rating to a “buy” rating in a report on Wednesday, April 26th.
Southwest Bancorp (NASDAQ OKSB) opened at 25.05 on Friday. The stock has a 50 day moving average price of $25.52 and a 200-day moving average price of $26.02. The firm has a market cap of $468.08 million, a P/E ratio of 22.11 and a beta of 0.98. Southwest Bancorp has a 1-year low of $17.07 and a 1-year high of $29.70.
Southwest Bancorp (NASDAQ:OKSB) last issued its quarterly earnings results on Tuesday, July 25th. The bank reported $0.31 EPS for the quarter, hitting analysts’ consensus estimates of $0.31. The company had revenue of $25.89 million for the quarter, compared to analyst estimates of $24.97 million. Southwest Bancorp had a net margin of 19.38% and a return on equity of 7.44%. During the same quarter in the previous year, the business earned $0.28 earnings per share. Equities research analysts forecast that Southwest Bancorp will post $1.26 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, August 18th. Investors of record on Friday, August 4th will be issued a $0.08 dividend. The ex-dividend date is Wednesday, August 2nd. This represents a $0.32 annualized dividend and a yield of 1.28%. Southwest Bancorp’s payout ratio is 27.83%.
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Institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC bought a new position in shares of Southwest Bancorp during the first quarter valued at $215,000. Covenant Multifamily Offices LLC bought a new position in shares of Southwest Bancorp during the first quarter valued at $220,000. Guggenheim Capital LLC bought a new position in shares of Southwest Bancorp during the fourth quarter valued at $247,000. Karp Capital Management Corp bought a new position in shares of Southwest Bancorp during the first quarter valued at $284,000. Finally, American International Group Inc. raised its position in shares of Southwest Bancorp by 7.2% in the first quarter. American International Group Inc. now owns 11,133 shares of the bank’s stock valued at $291,000 after buying an additional 748 shares in the last quarter. Hedge funds and other institutional investors own 77.92% of the company’s stock.
Southwest Bancorp Company Profile
Southwest Bancorp, Inc is a financial holding company. The Company operates in four segments: Oklahoma Banking, Texas Banking, Kansas Banking and Other Operations. The Oklahoma Banking segment provides deposit and lending services and consists of residential mortgage lending services to customers. The Texas Banking segment and the Kansas Banking segment provide deposit and lending services.
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