Bank Ozk (OZK) Downgraded by ValuEngine

ValuEngine lowered shares of Bank Ozk (NASDAQ:OZK) from a sell rating to a strong sell rating in a research note published on Thursday.

Several other brokerages also recently commented on OZK. Brean Capital reaffirmed a buy rating on shares of Bank Ozk in a report on Monday, August 27th. Stephens reaffirmed a hold rating and set a $48.00 target price on shares of Bank Ozk in a report on Thursday, August 23rd. Barclays downgraded shares of Bank Ozk from an overweight rating to an underweight rating in a report on Monday, August 13th. Finally, Zacks Investment Research downgraded shares of Bank Ozk from a hold rating to a sell rating in a report on Tuesday, September 11th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of $48.00.

Bank Ozk stock opened at $38.98 on Thursday. The stock has a market cap of $5.06 billion, a PE ratio of 12.06, a PEG ratio of 0.91 and a beta of 1.20. Bank Ozk has a fifty-two week low of $38.43 and a fifty-two week high of $53.70. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.10.

Bank Ozk (NASDAQ:OZK) last announced its earnings results on Wednesday, July 11th. The company reported $0.89 EPS for the quarter, hitting the consensus estimate of $0.89. The business had revenue of $252.05 million during the quarter, compared to the consensus estimate of $256.21 million. Bank Ozk had a net margin of 41.20% and a return on equity of 12.05%. research analysts expect that Bank Ozk will post 3.62 EPS for the current fiscal year.

An institutional investor recently bought a new position in Bank Ozk stock. Public Employees Retirement System of Ohio acquired a new stake in Bank Ozk (NASDAQ:OZK) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 42,895 shares of the company’s stock, valued at approximately $1,932,000. 87.06% of the stock is owned by institutional investors and hedge funds.

Bank Ozk Company Profile

Bank OZK provides a range of retail and commercial banking services to businesses, individuals, and non-profit and governmental entities. The company accepts non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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