Equities Analysts Issue Forecasts for Southwest Bancorp Inc.’s Q1 2018 Earnings (OKSB)
Southwest Bancorp Inc. (NASDAQ:OKSB) – Analysts at FIG Partners issued their Q1 2018 earnings per share estimates for Southwest Bancorp in a research report issued on Monday. FIG Partners analyst J. Rodis forecasts that the brokerage will post earnings per share of $0.31 for the quarter. FIG Partners also issued estimates for Southwest Bancorp’s Q2 2018 earnings at $0.32 EPS, Q3 2018 earnings at $0.33 EPS and FY2018 earnings at $1.30 EPS.
Southwest Bancorp (NASDAQ:OKSB) last released its quarterly earnings results on Tuesday, October 18th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.27 by $0.04. Southwest Bancorp had a return on equity of 5.62% and a net margin of 15.50%. During the same quarter in the prior year, the business posted $0.22 EPS.
Several other equities research analysts have also recently weighed in on OKSB. Hovde Group raised Southwest Bancorp from a “market perform” rating to an “outperform” rating and set a $21.00 price objective for the company in a research report on Monday, November 7th. Zacks Investment Research cut Southwest Bancorp from a “hold” rating to a “sell” rating in a research report on Saturday, October 22nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $19.20.
Shares of Southwest Bancorp (NASDAQ:OKSB) opened at 23.00 on Tuesday. The company has a 50-day moving average of $19.63 and a 200 day moving average of $18.37. The firm has a market cap of $429.71 million, a P/E ratio of 27.68 and a beta of 0.97. Southwest Bancorp has a 12-month low of $14.00 and a 12-month high of $23.20.
The company also recently announced a quarterly dividend, which was paid on Tuesday, November 15th. Investors of record on Tuesday, November 1st were given a $0.08 dividend. The ex-dividend date of this dividend was Friday, October 28th. This represents a $0.32 annualized dividend and a yield of 1.39%. Southwest Bancorp’s dividend payout ratio (DPR) is currently 38.10%.
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Deprince Race & Zollo Inc. raised its stake in shares of Southwest Bancorp by 25.2% in the second quarter. Deprince Race & Zollo Inc. now owns 379,524 shares of the company’s stock worth $6,425,000 after buying an additional 76,479 shares during the period. Bank of New York Mellon Corp raised its stake in shares of Southwest Bancorp by 0.6% in the second quarter. Bank of New York Mellon Corp now owns 107,012 shares of the company’s stock worth $1,812,000 after buying an additional 622 shares during the period. Boston Partners raised its stake in shares of Southwest Bancorp by 1.8% in the second quarter. Boston Partners now owns 143,130 shares of the company’s stock worth $2,423,000 after buying an additional 2,580 shares during the period. Virginia Retirement Systems ET AL acquired a new stake in shares of Southwest Bancorp during the second quarter worth $218,000. Finally, Dimensional Fund Advisors LP raised its stake in shares of Southwest Bancorp by 4.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,547,540 shares of the company’s stock worth $26,200,000 after buying an additional 64,494 shares during the period. 78.78% of the stock is owned by institutional investors.
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About Southwest Bancorp
Southwest Bancorp, Inc is a financial holding company. The Company operates through four segments: Oklahoma Banking, Texas Banking, Kansas Banking and Other Operations. The Oklahoma Banking segment provides deposit and lending services and consists of residential mortgage lending services to customers.
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