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 Wednesday.

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

Shares of Bank of the Ozarks (NASDAQ OZRK) traded up $0.27 on Wednesday, hitting $46.43. 697,700 shares of the stock traded hands, compared to its average volume of 1,207,419. Bank of the Ozarks has a 52 week low of $40.15 and a 52 week high of $56.86. The firm has a market capitalization of $5,963.10, a P/E ratio of 15.75, a price-to-earnings-growth ratio of 1.30 and a beta of 1.49. The company has a current ratio of 0.93, a quick ratio of 0.99 and a debt-to-equity ratio of 0.07.

Bank of the Ozarks (NASDAQ:OZRK) last announced its quarterly earnings results on Wednesday, October 11th. The financial services provider reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate 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 the consensus estimate of $243.67 million. During the same quarter in the previous year, the company posted $0.66 earnings per share. equities analysts expect that Bank of the Ozarks will post 2.95 EPS for the current fiscal year.

Hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Bank of the Ozarks by 8.6% during the second quarter. Vanguard Group Inc. now owns 10,724,158 shares of the financial services provider’s stock valued at $502,641,000 after acquiring an additional 852,398 shares during the period. BlackRock Inc. lifted its stake in Bank of the Ozarks by 4.8% in the second quarter. BlackRock Inc. now owns 10,457,898 shares of the financial services provider’s stock valued at $490,162,000 after buying an additional 480,415 shares during the period. State Street Corp lifted its stake in Bank of the Ozarks by 6.3% in the second quarter. State Street Corp now owns 6,091,667 shares of the financial services provider’s stock valued at $285,516,000 after buying an additional 363,391 shares during the period. FMR LLC lifted its stake in Bank of the Ozarks by 4.1% in the second quarter. FMR LLC now owns 5,010,828 shares of the financial services provider’s stock valued at $234,858,000 after buying an additional 197,825 shares during the period. Finally, Principal Financial Group Inc. lifted its stake in Bank of the Ozarks by 23.3% in the third quarter. Principal Financial Group Inc. now owns 3,870,471 shares of the financial services provider’s stock valued at $185,976,000 after buying an additional 731,591 shares during the period. Institutional investors own 86.22% of the company’s stock.

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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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