Equities analysts forecast that BOK Financial Co. (NASDAQ:BOKF) will post sales of $385.36 million for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for BOK Financial’s earnings, with the highest sales estimate coming in at $390.70 million and the lowest estimate coming in at $375.70 million. BOK Financial reported sales of $365.54 million during the same quarter last year, which indicates a positive year over year growth rate of 5.4%. The company is scheduled to report its next quarterly earnings results before the market opens on Wednesday, April 25th.

According to Zacks, analysts expect that BOK Financial will report full-year sales of $1.59 billion for the current year, with estimates ranging from $1.56 billion to $1.61 billion. For the next year, analysts forecast that the company will post sales of $1.67 billion per share, with estimates ranging from $1.63 billion to $1.68 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that cover BOK Financial.

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BOK Financial (NASDAQ:BOKF) last issued its quarterly earnings data on Wednesday, January 24th. The bank reported $1.29 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.34 by ($0.05). BOK Financial had a return on equity of 10.00% and a net margin of 20.14%. The company had revenue of $383.70 million during the quarter, compared to analysts’ expectations of $391.73 million. During the same quarter last year, the business earned $1.09 earnings per share.

Several analysts have commented on BOKF shares. Zacks Investment Research upgraded shares of BOK Financial from a “hold” rating to a “strong-buy” rating and set a $108.00 price objective for the company in a report on Thursday, January 11th. BidaskClub upgraded shares of BOK Financial from a “hold” rating to a “buy” rating in a report on Tuesday, February 13th. ValuEngine raised shares of BOK Financial from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $102.00 target price on shares of BOK Financial in a research note on Tuesday, February 27th. Finally, Wedbush raised their target price on shares of BOK Financial from $103.00 to $106.00 and gave the company a “neutral” rating in a research note on Monday, March 19th. Seven research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $102.33.

Shares of BOKF opened at $102.59 on Tuesday. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 1.50. BOK Financial has a one year low of $74.48 and a one year high of $107.00. The stock has a market capitalization of $6,697.46, a price-to-earnings ratio of 19.48, a P/E/G ratio of 1.99 and a beta of 0.92.

In related news, EVP Norman P. Bagwell sold 584 shares of the firm’s stock in a transaction that occurred on Monday, March 26th. The shares were sold at an average price of $99.00, for a total transaction of $57,816.00. Following the completion of the sale, the executive vice president now owns 34,415 shares of the company’s stock, valued at $3,407,085. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Steven E. Nell sold 8,011 shares of the firm’s stock in a transaction that occurred on Wednesday, March 28th. The shares were sold at an average price of $98.12, for a total transaction of $786,039.32. Following the sale, the chief financial officer now directly owns 72,061 shares of the company’s stock, valued at approximately $7,070,625.32. The disclosure for this sale can be found here. 60.50% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently made changes to their positions in the stock. SG Americas Securities LLC bought a new stake in shares of BOK Financial during the third quarter valued at approximately $101,000. State of Alaska Department of Revenue bought a new stake in shares of BOK Financial during the fourth quarter valued at approximately $138,000. Jefferies Group LLC bought a new stake in shares of BOK Financial during the fourth quarter valued at approximately $260,000. GSA Capital Partners LLP bought a new stake in shares of BOK Financial during the third quarter valued at approximately $330,000. Finally, Pratt Collard Advisory Partners LLC bought a new stake in shares of BOK Financial during the fourth quarter valued at approximately $354,000. 33.51% of the stock is owned by institutional investors.

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BOK Financial Company Profile

BOK Financial Corporation operates as the financial holding company for BOKF, NA that provides various financial products and services in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. It operates through three segments: Commercial Banking, Consumer Banking, and Wealth Management.

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Earnings History and Estimates for BOK Financial (NASDAQ:BOKF)

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