Equities Analysts Offer Predictions for Bank Ozk’s FY2020 Earnings (OZK)
Bank Ozk (NASDAQ:OZK) – Investment analysts at FIG Partners issued their FY2020 earnings estimates for Bank Ozk in a research note issued to investors on Tuesday, September 11th. FIG Partners analyst B. Martin expects that the company will post earnings of $4.69 per share for the year.
Bank Ozk (NASDAQ:OZK) last posted its earnings results on Wednesday, July 11th. The company reported $0.89 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.89. The company 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%.
OZK stock opened at $39.44 on Wednesday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $5.14 billion, a price-to-earnings ratio of 13.41, a price-to-earnings-growth ratio of 0.92 and a beta of 1.20. Bank Ozk has a 12 month low of $38.43 and a 12 month high of $53.70.
A hedge fund recently bought a new stake in Bank Ozk stock. Oregon Public Employees Retirement Fund acquired a new position in shares of Bank Ozk (NASDAQ:OZK) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 47,485 shares of the company’s stock, valued at approximately $2,139,000. Institutional investors and hedge funds own 87.06% of the company’s stock.
About Bank Ozk
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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