Equities analysts expect that BancFirst Co. (NASDAQ:BANF) will announce $97.57 million in sales for the current fiscal quarter, Zacks reports. Three analysts have made estimates for BancFirst’s earnings, with the highest sales estimate coming in at $98.10 million and the lowest estimate coming in at $96.60 million. BancFirst reported sales of $91.53 million during the same quarter last year, which indicates a positive year over year growth rate of 6.6%. The firm is expected to report its next quarterly earnings report on Thursday, January 17th.

According to Zacks, analysts expect that BancFirst will report full-year sales of $384.77 million for the current fiscal year, with estimates ranging from $383.40 million to $385.50 million. For the next fiscal year, analysts expect that the firm will report sales of $403.43 million, with estimates ranging from $401.60 million to $406.00 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for BancFirst.

BancFirst (NASDAQ:BANF) last posted its quarterly earnings data on Friday, October 19th. The bank reported $0.98 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.92 by $0.06. The firm had revenue of $98.47 million during the quarter, compared to the consensus estimate of $96.77 million. BancFirst had a return on equity of 14.15% and a net margin of 25.59%.

Several research firms have commented on BANF. Zacks Investment Research raised BancFirst from a “hold” rating to a “buy” rating and set a $72.00 price objective for the company in a research note on Monday, July 23rd. BidaskClub downgraded BancFirst from a “hold” rating to a “sell” rating in a research note on Thursday, August 30th. Finally, ValuEngine downgraded BancFirst from a “hold” rating to a “sell” rating in a research note on Monday, September 17th.

In related news, insider Kevin Lawrence sold 1,250 shares of the firm’s stock in a transaction that occurred on Wednesday, September 5th. The stock was sold at an average price of $64.00, for a total value of $80,000.00. Following the completion of the transaction, the insider now directly owns 1,250 shares of the company’s stock, valued at approximately $80,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider David Seat sold 528 shares of the firm’s stock in a transaction that occurred on Thursday, September 13th. The shares were sold at an average price of $61.25, for a total value of $32,340.00. Following the completion of the transaction, the insider now directly owns 8,028 shares of the company’s stock, valued at $491,715. The disclosure for this sale can be found here. Over the last three months, insiders have sold 2,132 shares of company stock valued at $134,819. Company insiders own 42.32% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BANF. Wells Fargo & Company MN increased its stake in BancFirst by 4.3% in the 1st quarter. Wells Fargo & Company MN now owns 29,535 shares of the bank’s stock valued at $1,568,000 after purchasing an additional 1,213 shares in the last quarter. Barclays PLC increased its stake in BancFirst by 84.1% in the 1st quarter. Barclays PLC now owns 4,933 shares of the bank’s stock valued at $262,000 after purchasing an additional 2,253 shares in the last quarter. Guggenheim Capital LLC increased its stake in BancFirst by 4.5% in the 1st quarter. Guggenheim Capital LLC now owns 37,358 shares of the bank’s stock valued at $1,983,000 after purchasing an additional 1,597 shares in the last quarter. Millennium Management LLC purchased a new position in BancFirst in the 1st quarter valued at approximately $9,751,000. Finally, Legal & General Group Plc increased its stake in BancFirst by 14.7% in the 1st quarter. Legal & General Group Plc now owns 7,010 shares of the bank’s stock valued at $372,000 after purchasing an additional 900 shares in the last quarter. 33.37% of the stock is owned by hedge funds and other institutional investors.

BANF traded down $0.38 on Tuesday, hitting $56.92. 31,142 shares of the company traded hands, compared to its average volume of 52,627. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.04. The company has a market cap of $1.86 billion, a PE ratio of 16.31, a P/E/G ratio of 2.16 and a beta of 0.67. BancFirst has a 12-month low of $50.80 and a 12-month high of $65.70.

The firm also recently announced a quarterly dividend, which was paid on Monday, October 15th. Stockholders of record on Friday, September 28th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.11%. This is an increase from BancFirst’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Thursday, September 27th. BancFirst’s dividend payout ratio is 44.12%.

BancFirst Company Profile

BancFirst Corporation operates as the bank holding company for BancFirst that provides a range of commercial banking services to retail customers, and small to medium-sized businesses. It operates through Metropolitan Banks, Community Banks, and Other Financial Services segments. The company offers checking accounts, negotiable order of withdrawal accounts, savings accounts, money market accounts, sweep accounts, club accounts, individual retirement accounts, and certificates of deposit, as well as overdraft protection and auto draft services.

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Earnings History and Estimates for BancFirst (NASDAQ:BANF)

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