Bank Of The Ozarks (NASDAQ:OZRK) Rating Reiterated by Brean Capital

Brean Capital restated their buy rating on shares of Bank Of The Ozarks (NASDAQ:OZRK) in a research note published on Wednesday, December 6th.

Other research analysts have also recently issued reports about the company. Raymond James Financial reduced their target price on Bank Of The Ozarks from $59.00 to $57.00 and set an outperform rating for the company in a research report on Thursday, October 12th. Zacks Investment Research raised Bank Of The Ozarks from a sell rating to a hold rating in a research report on Friday, October 13th. ValuEngine cut Bank Of The Ozarks from a buy rating to a hold rating in a research report on Friday, September 1st. SunTrust Banks reaffirmed a hold rating and issued a $50.00 target price on shares of Bank Of The Ozarks in a research report on Thursday, October 12th. Finally, Piper Jaffray Companies reaffirmed an overweight rating and issued a $55.00 target price on shares of Bank Of The Ozarks in a research report on Thursday, October 5th. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of $54.14.

Shares of Bank Of The Ozarks (NASDAQ OZRK) opened at $46.31 on Wednesday. The stock has a market cap of $6,008.31, a price-to-earnings ratio of 15.87, a PEG ratio of 1.31 and a beta of 1.49. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.93 and a quick ratio of 0.99. Bank Of The Ozarks has a 52 week low of $40.15 and a 52 week high of $56.86.

Bank Of The Ozarks (NASDAQ:OZRK) last announced its quarterly earnings data on Wednesday, October 11th. The financial services provider reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.01. The business had revenue of $242.47 million for the quarter, compared to the consensus estimate of $243.67 million. Bank Of The Ozarks had a net margin of 65.67% and a return on equity of 11.85%. During the same quarter last year, the company posted $0.66 earnings per share. research analysts expect that Bank Of The Ozarks will post 2.95 EPS for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the business. Sabal Trust CO bought a new position in shares of Bank Of The Ozarks during the third quarter valued at $460,000. American Century Companies Inc. lifted its holdings in shares of Bank Of The Ozarks by 15.0% during the second quarter. American Century Companies Inc. now owns 1,155,532 shares of the financial services provider’s stock valued at $54,160,000 after acquiring an additional 150,562 shares during the period. BlackRock Inc. lifted its holdings in shares of Bank Of The Ozarks by 4.8% during the second quarter. BlackRock Inc. now owns 10,457,898 shares of the financial services provider’s stock valued at $490,162,000 after acquiring an additional 480,415 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of Bank Of The Ozarks by 144.6% during the second quarter. Principal Financial Group Inc. now owns 3,138,880 shares of the financial services provider’s stock valued at $147,117,000 after acquiring an additional 1,855,697 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Bank Of The Ozarks by 3.7% during the second quarter. Ameriprise Financial Inc. now owns 1,183,865 shares of the financial services provider’s stock valued at $55,486,000 after acquiring an additional 41,961 shares during the period. 86.28% of the stock is owned by institutional investors.

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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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