With 1.46 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.2 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $49.42 whereas the lowest price it dropped to was $47.85. The 52-week range on OZK shows that it touched its highest point at $52.36 and its lowest point at $36.99 during that stretch. It currently has a 1-year price target of $48.44. With its current market cap of 5.43 billion, OZK has annualized dividend of $1.58 while the current yield stands at 3.30%. Beta for the stock currently stands at 1.16.
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 OZK was down-trending over the past week, with a drop of -2.96%, but this was up by 7.12% over a month. Three-month performance surged to 15.85% while six-month performance fell -1.87%. The stock gained 26.98% in the past year, while it has lost -3.93% so far this year. A look at the trailing 12-month EPS for OZK yields 6.09 with Next year EPS estimates of 5.93. For the next quarter, that number is 1.45. This implies an EPS growth rate of 2.73% for this year and -1.69% for next year. EPS is expected to grow by 6.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 12.64%.
Float and Shares Shorts:
At present, 113.15 million OZK shares are outstanding with a float of 107.79 million shares on hand for trading. On 2024-10-31, short shares totaled 16.1 million, which was 1419.0 higher than short shares on 1727654400. In addition to Mr. George G. Gleason II as the firm’s Chairman & CEO, Mr. Paschall Brannon Hamblen serves as its President.
Institutional Ownership:
Through their ownership of 0.92954004 of OZK’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OZK since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With OZK analysts setting a high price target of 63.0 and a low target of 35.0, the average target price over the next 12 months is 48.22222. Based on these targets, OZK could surge 31.61% to reach the target high and fall by -26.89% to reach the target low. Reaching the average price target will result in a growth of 0.74% from current levels.
Analysts have provided yearly estimates in a range of $6.10012 being high and $5.97012 being low. For OZK, this leads to a yearly average estimate of $6.03012.
