FY2025 EPS Estimates for BOK Financial Lifted by DA Davidson

BOK Financial Co. (NASDAQ:BOKF - Free Report) - DA Davidson lifted their FY2025 EPS estimates for BOK Financial in a note issued to investors on Monday, January 27th. DA Davidson analyst P. Winter now anticipates that the bank will post earnings per share of $9.28 for the year, up from their prior forecast of $8.53. DA Davidson currently has a "Buy" rating and a $123.00 target price on the stock. The consensus estimate for BOK Financial's current full-year earnings is $8.71 per share.

BOK Financial (NASDAQ:BOKF - Get Free Report) last released its earnings results on Friday, January 17th. The bank reported $2.12 earnings per share for the quarter, topping the consensus estimate of $1.97 by $0.15. BOK Financial had a net margin of 15.32% and a return on equity of 9.96%.

BOKF has been the subject of several other research reports. Keefe, Bruyette & Woods boosted their price target on shares of BOK Financial from $112.00 to $125.00 and gave the company a "market perform" rating in a report on Wednesday, December 4th. Wells Fargo & Company boosted their target price on shares of BOK Financial from $105.00 to $112.00 and gave the company an "equal weight" rating in a research note on Tuesday, December 3rd. Stephens dropped their price target on shares of BOK Financial from $135.00 to $127.00 and set an "equal weight" rating on the stock in a research note on Wednesday, January 22nd. StockNews.com upgraded BOK Financial from a "hold" rating to a "buy" rating in a research report on Wednesday, January 22nd. Finally, Royal Bank of Canada raised their target price on BOK Financial from $115.00 to $120.00 and gave the company a "sector perform" rating in a research report on Wednesday, January 22nd. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $116.40.

BOK Financial Stock Performance

BOKF traded down $0.60 on Wednesday, hitting $110.42. 113,915 shares of the company's stock were exchanged, compared to its average volume of 127,652. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.87. The stock has a fifty day moving average of $112.33 and a two-hundred day moving average of $107.87. BOK Financial has a twelve month low of $78.99 and a twelve month high of $121.58. The firm has a market cap of $7.08 billion, a PE ratio of 13.58 and a beta of 1.20.

Institutional Investors Weigh In On BOK Financial

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Creative Planning grew its holdings in shares of BOK Financial by 130.1% in the 3rd quarter. Creative Planning now owns 11,946 shares of the bank's stock valued at $1,250,000 after buying an additional 6,755 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in BOK Financial by 7.8% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 136,091 shares of the bank's stock worth $14,238,000 after acquiring an additional 9,863 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in BOK Financial in the second quarter valued at about $540,000. Merit Financial Group LLC bought a new stake in shares of BOK Financial in the fourth quarter worth about $256,000. Finally, SG Americas Securities LLC raised its position in shares of BOK Financial by 433.0% during the fourth quarter. SG Americas Securities LLC now owns 9,216 shares of the bank's stock worth $981,000 after purchasing an additional 7,487 shares during the period. Institutional investors own 34.44% of the company's stock.

Insider Buying and Selling

In related news, Director Steven Bangert sold 2,000 shares of the firm's stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $117.83, for a total value of $235,660.00. Following the transaction, the director now owns 44,709 shares in the company, valued at $5,268,061.47. This trade represents a 4.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 56.94% of the stock is owned by corporate insiders.

BOK Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th will be issued a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 2.06%. The ex-dividend date of this dividend is Wednesday, February 12th. BOK Financial's payout ratio is currently 28.04%.

About BOK Financial

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.