Bank of the Ozarks’ (NASDAQ:OZRK) Buy Rating Reiterated at Brean Capital

Bank of the Ozarks (NASDAQ:OZRK)‘s stock had its “buy” rating reiterated by analysts at Brean Capital in a research report issued to clients and investors on Monday, October 30th.

Other analysts have also issued research reports about the company. Stephens set a $48.00 target price on Bank of the Ozarks and gave the company a “hold” rating in a report on Thursday, August 3rd. Raymond James Financial, Inc. lowered their target price on Bank of the Ozarks from $59.00 to $57.00 and set an “outperform” rating on the stock in a report on Thursday, October 12th. Zacks Investment Research raised Bank of the Ozarks from a “sell” rating to a “hold” rating in a report on Friday, October 13th. ValuEngine lowered Bank of the Ozarks from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Finally, Keefe, Bruyette & Woods set a $56.00 target price on Bank of the Ozarks and gave the company a “buy” rating in a report on Thursday, July 6th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $54.13.

Bank of the Ozarks (NASDAQ:OZRK) opened at $44.10 on Monday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.99 and a current ratio of 0.93. The company has a market capitalization of $5,696.97, a PE ratio of 15.05, a PEG ratio of 1.24 and a beta of 1.50. Bank of the Ozarks has a fifty-two week low of $40.15 and a fifty-two week high of $56.86.

Bank of the Ozarks (NASDAQ:OZRK) last issued its quarterly earnings data on Wednesday, October 11th. The financial services provider reported $0.75 EPS for the quarter, beating the Zacks’ consensus estimate of $0.74 by $0.01. The business had revenue of $242.47 million for the quarter, compared to analyst estimates of $243.67 million. Bank of the Ozarks had a return on equity of 11.85% and a net margin of 65.67%. During the same quarter in the prior year, the firm posted $0.66 EPS. analysts expect that Bank of the Ozarks will post 2.96 earnings per share for the current year.

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Institutional investors have recently bought and sold shares of the stock. Willingdon Wealth Management bought a new position in shares of Bank of the Ozarks during the 3rd quarter worth approximately $104,000. Exane Derivatives bought a new position in shares of Bank of the Ozarks during the 2nd quarter worth approximately $119,000. V Wealth Management LLC bought a new position in shares of Bank of the Ozarks during the 2nd quarter worth approximately $174,000. BB&T Investment Services Inc. bought a new position in shares of Bank of the Ozarks during the 2nd quarter worth approximately $190,000. Finally, Cadence Capital Management LLC bought a new position in shares of Bank of the Ozarks during the 3rd quarter worth approximately $202,000. Institutional investors and hedge funds own 87.84% of the company’s stock.

Bank of the Ozarks Company Profile

Bank of the Ozarks, Inc is a state chartered bank that provides retail and commercial banking services. Its deposit services include checking, savings, money market, time deposit and individual retirement accounts. Its loan services include various types of real estate, consumer, commercial, industrial and agricultural loans and various leasing services.

Analyst Recommendations for Bank of the Ozarks (NASDAQ:OZRK)

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