Shares of BancFirst Co. (NASDAQ:BANF) have been assigned an average broker rating score of 3.00 (Hold) from the three analysts that cover the stock, Zacks Investment Research reports. Three investment analysts have rated the stock with a hold rating.
Analysts have set a twelve-month consensus price target of $60.00 for the company and are forecasting that the company will post $0.92 earnings per share for the current quarter, according to Zacks. Zacks has also assigned BancFirst an industry rank of 183 out of 255 based on the ratings given to related companies.
A number of brokerages have weighed in on BANF. Zacks Investment Research lowered shares of BancFirst from a “buy” rating to a “hold” rating in a report on Monday, December 17th. ValuEngine upgraded shares of BancFirst from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Finally, BidaskClub upgraded shares of BancFirst from a “strong sell” rating to a “sell” rating in a report on Tuesday, December 25th.
Shares of BANF traded up $0.82 during mid-day trading on Tuesday, reaching $55.40. The company had a trading volume of 35,576 shares, compared to its average volume of 50,102. The firm has a market cap of $1.81 billion, a PE ratio of 14.50, a price-to-earnings-growth ratio of 2.07 and a beta of 0.77. BancFirst has a fifty-two week low of $48.07 and a fifty-two week high of $65.70. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.03.
BancFirst (NASDAQ:BANF) last announced its quarterly earnings results on Thursday, January 17th. The bank reported $0.98 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.94 by $0.04. The company had revenue of $100.74 million for the quarter, compared to analyst estimates of $97.57 million. BancFirst had a net margin of 29.37% and a return on equity of 14.68%. As a group, equities research analysts anticipate that BancFirst will post 3.76 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Friday, March 29th will be issued a dividend of $0.30 per share. The ex-dividend date is Thursday, March 28th. This represents a $1.20 annualized dividend and a dividend yield of 2.17%. BancFirst’s payout ratio is 31.41%.
Several large investors have recently bought and sold shares of BANF. Bank of New York Mellon Corp lifted its holdings in shares of BancFirst by 1.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 153,616 shares of the bank’s stock valued at $9,209,000 after acquiring an additional 2,387 shares in the last quarter. BlackRock Inc. lifted its holdings in shares of BancFirst by 3.4% during the 3rd quarter. BlackRock Inc. now owns 1,264,137 shares of the bank’s stock valued at $75,786,000 after acquiring an additional 41,211 shares in the last quarter. Brown Advisory Inc. acquired a new position in shares of BancFirst during the 3rd quarter valued at $244,000. JPMorgan Chase & Co. lifted its holdings in shares of BancFirst by 0.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 374,344 shares of the bank’s stock valued at $22,441,000 after acquiring an additional 3,187 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new position in shares of BancFirst during the 3rd quarter valued at $212,000. Institutional investors and hedge funds own 34.41% of the company’s stock.
BancFirst Corporation operates as the bank holding company for BancFirst that provides a range of commercial banking services to retail customers, and small to medium-sized businesses. It operates through Metropolitan Banks, Community Banks, and Other Financial Services segments. The company offers checking accounts, negotiable order of withdrawal accounts, savings accounts, money market accounts, sweep accounts, club accounts, individual retirement accounts, and certificates of deposit, as well as overdraft protection and auto draft services.
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