It is Poised to be a Bull Market for Bank of Hawaii Corp. (BOH)

With 0.53 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.3 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $66.78 whereas the lowest price it dropped to was $64.391. The 52-week range on BOH shows that it touched its highest point at $75.19 and its lowest point at $46.31 during that stretch. It currently has a 1-year price target of $57.80. With its current market cap of 2.65 billion, BOH has annualized dividend of $2.80 while the current yield stands at 4.20%. Beta for the stock currently stands at 1.04.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BOH was down-trending over the past week, with a drop of -2.21%, but this was up by 7.43% over a month. Three-month performance dropped to -3.56% while six-month performance rose 12.79%. The stock gained 38.52% in the past year, while it has lost -7.99% so far this year. A look at the trailing 12-month EPS for BOH yields 3.56 with Next year EPS estimates of 3.42. For the next quarter, that number is 0.82. This implies an EPS growth rate of -24.08% for this year and 1.59% for next year. EPS is expected to grow by 2.66% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -4.55%.

Float and Shares Shorts:

At present, 39.75 million BOH shares are outstanding with a float of 38.96 million shares on hand for trading. On 2024-09-30, short shares totaled 4.35 million, which was 1096.0 higher than short shares on 1724976000. In addition to Mr. Peter S. Ho as the firm’s Chairman & CEO, Mr. Dean Y. Shigemura serves as its Vice Chair & CFO.

Institutional Ownership:

Through their ownership of 0.80933 of BOH’s outstanding shares, institutional investors have minority control over the company.