Bank OZK (NASDAQ: OZK) Expected to Earn $ 4.34 Per Share for Fiscal 2021


Bank OZK (NASDAQ: OZK) – Piper Sandler research analysts increased their estimates of earnings per share for fiscal 2021 for shares of Bank OZK in a report released on Thursday, November 18. Piper Sandler analyst S. Scouten now predicts the company will earn $ 4.34 per share for the year, up from $ 4.30 previously. Piper Sandler also released estimates for Bank OZK earnings in Q4 2021 at $ 1.06 EPS, Q1 2022 earnings at $ 0.94 EPS, Q2 2022 earnings at $ 0.99 EPS, Q3 2022 earnings at $ 1.03 EPS, Q4 2022 earnings at $ 1.08 EPS, FY2022 earnings at $ 4.04 EPS, Q1 2023 earnings at $ 1.02 EPS, Q2 2023 earnings at $ 1.07 EPS, Q3 2023 earnings at $ 1.12 EPS and FY2023 earnings at $ 4.38 EPS.

Separately, Morgan Stanley increased its price target for Bank OZK shares from $ 50.00 to $ 53.00 and gave the stock an “equal weight” rating in a report released on Monday, August 2. Two investment analysts rated the stock with a conservation rating and two issued a buy rating for the company. According to data from, Bank OZK has an average rating of “Buy” and an average target price of $ 45.29.

NASDAQ: OZK shares opened at $ 46.28 on Monday. OZK Bank has a 12 month low of $ 27.33 and a 12 month high of $ 48.15. The company’s 50-day mobile average price is $ 44.45, and its two-hundred-day mobile average price is $ 42.88. The company has a quick ratio of 0.93, a current ratio of 0.98, and a debt ratio of 0.27. The company has a market cap of $ 5.99 billion, a P / E ratio of 10.94 and a beta of 1.74. OZK Bank (NASDAQ: OZK) last reported its results on Wednesday, October 20. The company reported earnings per share (EPS) of $ 1.00 for the quarter, beating analyst consensus estimates of $ 0.97 by $ 0.03. OZK Bank had a net margin of 46.64% and return on equity of 12.31%. In the same quarter of the previous year, the company posted earnings per share of $ 0.84.

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The company also recently announced a quarterly dividend, which was paid on Friday, October 22. Shareholders of record on Friday October 15 received a dividend of $ 0.29. This represents an annualized dividend of $ 1.16 and a dividend yield of 2.51%. The ex-dividend date of this dividend was Thursday, October 14. This is a positive change from OZK Bank’s previous quarterly dividend of $ 0.29. Bank OZK’s dividend payout ratio (DPR) is 27.42%.

Hedge funds and other institutional investors have recently changed their holdings in the company. Vanguard Group Inc. increased its stake in Bank OZK by 2.7% during the 2nd quarter. Vanguard Group Inc. now owns 12,124,251 shares of the company valued at $ 511,159,000 after acquiring an additional 315,066 shares during the last quarter. Wasatch Advisors Inc. increased its stake in Bank OZK by 5.7% during the 3rd quarter. Wasatch Advisors Inc. now owns 9,797,443 shares of the company valued at $ 421,094,000 after acquiring an additional 532,351 shares during the last quarter. FMR LLC increased its stake in Bank OZK by 6.5% during the 2nd quarter. FMR LLC now owns 2,403,255 shares of the company valued at $ 101,320,000 after acquiring 145,862 additional shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in Bank OZK by 8.9% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 2,160,771 shares of the company valued at $ 91,098,000 after acquiring an additional 176,526 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in Bank OZK by 2.6% during the second quarter. Geode Capital Management LLC now owns 1,586,562 shares of the company valued at $ 66,889,000 after acquiring an additional 39,737 shares during the last quarter. 81.20% of the shares are currently held by institutional investors.

About OZK Bank

Bank OZK engages in the provision of community banking services. The company offers deposit services such as checks, savings, money market, term deposit and individual retirement accounts. It also provides lending services including types of real estate, consumer, commercial, industrial and agricultural loans.

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OZK Bank Revenue History and Estimates (NASDAQ: OZK)

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