Bank of Hawaii Corp. (BOH) Reaches New 52-Week High at $72.77
Bank of Hawaii Corp. (NYSE:BOH)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $72.77 and last traded at $72.75, with a volume of 261,338 shares trading hands. The stock had previously closed at $71.67.
Several equities analysts recently commented on BOH shares. Zacks Investment Research upgraded shares of Bank of Hawaii Corp. from a “hold” rating to a “buy” rating and set a $76.00 price target on the stock in a research note on Wednesday, August 3rd. Barclays PLC restated an “equal weight” rating and issued a $66.00 price target on shares of Bank of Hawaii Corp. in a research note on Tuesday, July 26th. RBC Capital Markets restated a “sector perform” rating and issued a $72.00 price target (up from $68.00) on shares of Bank of Hawaii Corp. in a research note on Tuesday, July 26th. Piper Jaffray Cos. started coverage on shares of Bank of Hawaii Corp. in a research note on Friday, July 8th. They issued a “neutral” rating and a $70.00 price target on the stock. Finally, Royal Bank Of Canada upped their price target on shares of Bank of Hawaii Corp. from $68.00 to $72.00 and gave the company a “sector perform” rating in a research note on Tuesday, July 26th. Ten research analysts have rated the stock with a hold rating, Bank of Hawaii Corp. presently has an average rating of “Hold” and a consensus target price of $68.55.
The company has a market cap of $3.12 billion and a P/E ratio of 18.33. The firm’s 50 day moving average price is $69.79 and its 200-day moving average price is $68.44.
Bank of Hawaii Corp. (NYSE:BOH) last released its earnings results on Monday, July 25th. The company reported $1.03 EPS for the quarter, topping the Zacks’ consensus estimate of $0.93 by $0.10. During the same quarter in the previous year, the firm earned $0.95 earnings per share. The business had revenue of $150.10 million for the quarter, compared to the consensus estimate of $149.13 million. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. Analysts anticipate that Bank of Hawaii Corp. will post $4.17 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Wednesday, August 31st will be paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date of this dividend is Monday, August 29th.
Bank of Hawaii Corporation is a bank holding company that operates through its subsidiary, Bank of Hawaii (the Bank). The Bank provides a range of financial services and products primarily to customers in Hawaii, Guam and other Pacific Islands. The Company operates through four business segments: Retail Banking, Commercial Banking, Investment Services, and Treasury and Other.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.