DA Davidson Predicts Bank of Hawaii's Q4 Earnings (NYSE:BOH)

Bank of Hawaii Co. (NYSE:BOH - Free Report) - Investment analysts at DA Davidson issued their Q4 2024 EPS estimates for Bank of Hawaii in a research note issued to investors on Tuesday, October 29th. DA Davidson analyst J. Rulis expects that the bank will post earnings per share of $0.91 for the quarter. DA Davidson currently has a "Neutral" rating and a $74.00 target price on the stock. The consensus estimate for Bank of Hawaii's current full-year earnings is $3.40 per share.

A number of other equities analysts have also recently issued reports on BOH. Keefe, Bruyette & Woods boosted their price objective on Bank of Hawaii from $67.00 to $74.00 and gave the company a "market perform" rating in a report on Tuesday. Jefferies Financial Group upped their target price on shares of Bank of Hawaii from $53.00 to $54.00 and gave the stock a "hold" rating in a research note on Wednesday, July 3rd. Barclays lifted their target price on Bank of Hawaii from $50.00 to $56.00 and gave the company an "underweight" rating in a research report on Tuesday. Finally, Piper Sandler lifted their price objective on Bank of Hawaii from $61.00 to $66.00 and gave the company an "underweight" rating in a report on Tuesday. Three analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $64.80.

Bank of Hawaii Price Performance

Shares of NYSE:BOH traded down $0.54 on Wednesday, reaching $72.25. The company's stock had a trading volume of 330,422 shares, compared to its average volume of 320,065. The company has a 50-day simple moving average of $65.15 and a 200 day simple moving average of $61.92. Bank of Hawaii has a 52-week low of $48.83 and a 52-week high of $75.19. The company has a market cap of $2.87 billion, a P/E ratio of 21.70, a PEG ratio of 7.30 and a beta of 1.05. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.71 and a current ratio of 0.71.

Bank of Hawaii (NYSE:BOH - Get Free Report) last posted its quarterly earnings results on Monday, October 28th. The bank reported $0.93 EPS for the quarter, beating analysts' consensus estimates of $0.82 by $0.11. Bank of Hawaii had a return on equity of 12.25% and a net margin of 14.54%. The business had revenue of $265.76 million for the quarter, compared to analysts' expectations of $160.29 million. During the same period last year, the firm earned $1.17 earnings per share.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BOH. Point72 Asia Singapore Pte. Ltd. purchased a new position in Bank of Hawaii in the second quarter valued at $106,000. Point72 DIFC Ltd purchased a new position in Bank of Hawaii during the 2nd quarter worth approximately $119,000. UMB Bank n.a. increased its position in Bank of Hawaii by 5,508.3% during the third quarter. UMB Bank n.a. now owns 2,692 shares of the bank's stock worth $169,000 after buying an additional 2,644 shares during the period. Rothschild Investment LLC purchased a new stake in Bank of Hawaii in the second quarter valued at approximately $172,000. Finally, Crestwood Advisors Group LLC purchased a new stake in Bank of Hawaii in the 3rd quarter valued at $207,000. Hedge funds and other institutional investors own 82.18% of the company's stock.

Bank of Hawaii Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be issued a $0.70 dividend. The ex-dividend date is Friday, November 29th. This represents a $2.80 dividend on an annualized basis and a yield of 3.88%. Bank of Hawaii's payout ratio is currently 84.08%.

Bank of Hawaii Company Profile

Bank of Hawaii Corporation operates as the bank holding company for Bank of Hawaii that provides various financial products and services in Hawaii, Guam, and other Pacific Islands. It operates in three segments: Consumer Banking, Commercial Banking, and Treasury and Other. The Consumer Banking segment offers checking, savings, and time deposit accounts; residential mortgage loans, home equity lines of credit, automobile loans and leases, overdraft lines of credit, installment loans, small business loans and leases, and credit cards; private and international client banking, investment, credit, and trust services to individuals and families, as well as high-net-worth individuals; investment management; institutional investment advisory services to corporations, government entities, and foundations; and brokerage offerings, including equities, mutual funds, life insurance, and annuity products.