Bank OZK (OZK) Stock Price, News & Analysis

Company Overview

Bank OZK provides various retail and commercial banking services for individuals and businesses in the United States. The company offers deposit services, including non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time and reciprocal deposits. It also provides trust and wealth services, such as personal trusts, custodial accounts, investment management accounts, and retirement accounts, as well as corporate trust services, including trustee, paying agent and registered transfer agent services, and other related services. In addition, the company offers treasury management services comprising automated clearing house, wire transfer, transaction reporting, wholesale lockbox, remote deposit capture, automated credit line transfer, reconciliation, positive pay, commercial card, and other services, as well as zero balance and investment sweep accounts. Further, it provides real estate, consumer, small business, indirect recreational vehicle and marine, equipment, agricultural, commercial and industrial, government guaranteed, lines of credit, homebuilder, and affordable housing loans; lender and structured, business aviation, and subscription financing services; and mortgage and other lending products. Additionally, the company offers ATMs; telephone, online, and mobile banking services; credit and debit cards; safe deposit boxes; and other products and services. The company was formerly known as Bank of the Ozarks and changed its name to Bank OZK in July 2018. Bank OZK was founded in 1903 and is headquartered in Little Rock, Arkansas.

Key Stats

• Today's Range: $47.91 to $48.34
• 50-Day Range: $39.66 to $49.33
• 52-Week Range: $37.43 to $52.36
• Volume: 11,620 shs
• Average Volume: 1.28 million shs
• Market Capitalization: $5.47 billion
• P/E Ratio: 7.94
• Dividend Yield: 3.40%
• Price Target: $48.50
• Consensus Rating: Reduce

Bank OZK Stock Analysis - MarketRank™

Bank OZK scored higher than 63% of companies evaluated by MarketBeat, and ranked 455th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.9 / 5
• Analyst Rating: Reduce

Consensus Rating

Bank OZK has received a consensus rating of Reduce. The company's average rating score is 1.89, and is based on 1 buy rating, 6 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Bank OZK has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -1.00%

Earnings Growth

Earnings for Bank OZK are expected to decrease by -1.00% in the coming year, from $6.03 to $5.97 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Bank OZK is 7.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of Bank OZK is 7.84, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.86.

Price to Book Value per Share Ratio

Bank OZK has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

14.94% of the float of Bank OZK has been sold short.

Short Interest Ratio / Days to Cover

Bank OZK has a short interest ratio ("days to cover") of 13.3, which indicates bearish sentiment.

Change versus previous month

Short interest in Bank OZK has recently decreased by 4.05%, indicating that investor sentiment is improving.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Bank OZK pays a meaningful dividend of 3.42%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Bank OZK has been increasing its dividend for 28 years.

Dividend Coverage

The dividend payout ratio of Bank OZK is 26.97%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Bank OZK will have a dividend payout ratio of 27.47% next year. This indicates that Bank OZK will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.9 / 5
• Environmental Score: -0.60

Percentage of Shares Shorted

14.94% of the float of Bank OZK has been sold short.

Short Interest Ratio / Days to Cover

Bank OZK has a short interest ratio ("days to cover") of 13.3, which indicates bearish sentiment.

Change versus previous month

Short interest in Bank OZK has recently decreased by 4.05%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.78

News Sentiment

Bank OZK has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Bank OZK this week, compared to 6 articles on an average week.

Search Interest

Only 5 people have searched for OZK on MarketBeat in the last 30 days. This is a decrease of -55% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Bank OZK insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 6.70% of the stock of Bank OZK is held by insiders.

Percentage Held by Institutions

86.18% of the stock of Bank OZK is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

OZK Stock Analysis - Frequently Asked Questions

How have OZK shares performed this year?

Bank OZK's stock was trading at $49.83 at the beginning of the year. Since then, OZK stock has decreased by 4.3% and is now trading at $47.69.
View the best growth stocks for 2024 here.

How were Bank OZK's earnings last quarter?

Bank OZK (NASDAQ:OZK) posted its earnings results on Thursday, October, 17th. The company reported $1.55 earnings per share for the quarter, beating analysts' consensus estimates of $1.53 by $0.02. The company had revenue of $423 million for the quarter, compared to analysts' expectations of $419.08 million. Bank OZK had a net margin of 26.07% and a trailing twelve-month return on equity of 14.15%.

Who are Bank OZK's major shareholders?

Top institutional shareholders of Bank OZK include State Street Corp (6.26%), Wasatch Advisors LP (5.25%), Wellington Management Group LLP (3.72%) and Charles Schwab Investment Management Inc. (3.47%).

How do I buy shares of Bank OZK?

Shares of OZK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Bank OZK own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Bank OZK investors own include NVIDIA (NVDA), AbbVie (ABBV), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), Exxon Mobil (XOM), Meta Platforms (META) and Chevron (CVX).

Company Calendar

• Ex-Dividend for 10/18 Dividend: 10/11/2024
• Last Earnings: 10/17/2024
• Dividend Payable: 10/18/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/16/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: N/A
• Current Symbol: NASDAQ:OZK
• CUSIP: N/A
• CIK: 1569650
• Web: www.ozk.com
• Phone: (501) 978-2265
• Fax: 501-978-2224
• Employees: 2,744
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $48.50
• High Stock Price Target: $63.00
• Low Stock Price Target: $35.00
• Potential Upside/Downside: +1.7%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.89
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $6.08
• Trailing P/E Ratio: 7.84
• Forward P/E Ratio: 7.91
• P/E Growth: N/A
• Net Income: $690.78 million
• Net Margins: 26.07%
• Pretax Margin: 33.63%
• Return on Equity: 14.15%
• Return on Assets: 1.96%

Debt

• Debt-to-Equity Ratio: 0.12
• Current Ratio: 1.02
• Quick Ratio: 1.02

Sales & Book Value

• Annual Sales: $2.25 billion
• Price / Sales: 2.40
• Cash Flow: $6.53 per share
• Price / Cash Flow: 7.30
• Book Value: $42.43 per share
• Price / Book: 1.12

Miscellaneous

• Outstanding Shares: 113,450,000
• Free Float: 105,849,000
• Market Cap: $5.41 billion
• Optionable: Optionable
• Beta: 1.16