Headlines about Bank of the Ozarks (NASDAQ:OZRK) have been trending somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Bank of the Ozarks earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 46.9011583731529 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news stories that may have impacted Accern’s rankings:
Shares of Bank of the Ozarks (NASDAQ OZRK) opened at 47.13 on Friday. The company has a market capitalization of $6.04 billion, a price-to-earnings ratio of 16.07 and a beta of 1.54. The company’s 50-day moving average is $45.63 and its 200 day moving average is $45.98. Bank of the Ozarks has a 12 month low of $35.53 and a 12 month high of $56.86.
Bank of the Ozarks (NASDAQ:OZRK) last posted its quarterly earnings results on Wednesday, October 11th. The financial services provider reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.01. Bank of the Ozarks had a net margin of 65.67% and a return on equity of 11.85%. The company had revenue of $242.47 million during the quarter, compared to analyst estimates of $243.67 million. During the same period last year, the firm posted $0.66 EPS. On average, equities research analysts anticipate that Bank of the Ozarks will post $2.96 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, October 20th. Shareholders of record on Friday, October 13th were given a dividend of $0.185 per share. The ex-dividend date of this dividend was Thursday, October 12th. This is a positive change from Bank of the Ozarks’s previous quarterly dividend of $0.18. This represents a $0.74 dividend on an annualized basis and a yield of 1.57%. Bank of the Ozarks’s dividend payout ratio (DPR) is currently 25.26%.
Several research firms have recently weighed in on OZRK. Brean Capital reissued a “buy” rating on shares of Bank of the Ozarks in a report on Monday. Zacks Investment Research raised shares of Bank of the Ozarks from a “sell” rating to a “hold” rating in a report on Friday, October 13th. SunTrust Banks, Inc. reissued a “hold” rating and set a $50.00 price objective on shares of Bank of the Ozarks in a report on Thursday, October 12th. Raymond James Financial, Inc. decreased their price objective on shares of Bank of the Ozarks from $59.00 to $57.00 and set an “outperform” rating for the company in a report on Thursday, October 12th. Finally, Piper Jaffray Companies reissued an “overweight” rating and set a $55.00 price objective on shares of Bank of the Ozarks in a report on Thursday, October 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $54.13.
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About Bank of the Ozarks
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.
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