Wall Street analysts forecast that BancFirst Co. (NASDAQ:BANF) will post $0.82 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for BancFirst’s earnings. The lowest EPS estimate is $0.79 and the highest is $0.85. BancFirst reported earnings of $0.68 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 20.6%. The business is scheduled to report its next quarterly earnings report on Thursday, April 19th.

On average, analysts expect that BancFirst will report full-year earnings of $3.38 per share for the current fiscal year, with EPS estimates ranging from $3.30 to $3.43. For the next fiscal year, analysts anticipate that the firm will post earnings of $3.54 per share, with EPS estimates ranging from $3.48 to $3.65. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that follow BancFirst.

BancFirst (NASDAQ:BANF) last announced its earnings results on Friday, January 19th. The bank reported $0.66 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.70 by ($0.04). The company had revenue of $91.53 million for the quarter, compared to analysts’ expectations of $86.53 million. BancFirst had a return on equity of 11.83% and a net margin of 24.35%.

Several brokerages have weighed in on BANF. Zacks Investment Research raised shares of BancFirst from a “hold” rating to a “strong-buy” rating and set a $60.00 target price for the company in a research note on Monday, January 1st. BidaskClub raised shares of BancFirst from a “strong sell” rating to a “sell” rating in a research note on Thursday, January 11th.

In other news, insider Darryl Schmidt sold 2,420 shares of the firm’s stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $55.00, for a total value of $133,100.00. Following the completion of the transaction, the insider now owns 2,420 shares of the company’s stock, valued at $133,100. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, major shareholder Banking Ltd Ptnrshp R sold 10,700 shares of the firm’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $56.38, for a total transaction of $603,266.00. Following the completion of the transaction, the insider now directly owns 10,989,300 shares of the company’s stock, valued at approximately $619,576,734. The disclosure for this sale can be found here. In the last three months, insiders sold 104,849 shares of company stock valued at $5,875,284. Insiders own 42.32% of the company’s stock.

Institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. purchased a new position in BancFirst in the second quarter worth approximately $1,635,000. Prudential Financial Inc. lifted its stake in BancFirst by 90.7% in the third quarter. Prudential Financial Inc. now owns 65,692 shares of the bank’s stock worth $3,728,000 after acquiring an additional 31,251 shares during the last quarter. Vanguard Group Inc. lifted its stake in BancFirst by 1.3% in the second quarter. Vanguard Group Inc. now owns 803,896 shares of the bank’s stock worth $77,657,000 after acquiring an additional 10,658 shares during the last quarter. Teachers Advisors LLC lifted its stake in BancFirst by 15.3% in the second quarter. Teachers Advisors LLC now owns 15,525 shares of the bank’s stock worth $1,500,000 after acquiring an additional 2,059 shares during the last quarter. Finally, Ray Gerald L & Associates Ltd. lifted its stake in BancFirst by 100.0% in the third quarter. Ray Gerald L & Associates Ltd. now owns 12,000 shares of the bank’s stock worth $681,000 after acquiring an additional 6,000 shares during the last quarter. Institutional investors own 33.03% of the company’s stock.

BancFirst (BANF) opened at $53.28 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market cap of $1,700.00, a PE ratio of 20.11, a price-to-earnings-growth ratio of 1.64 and a beta of 0.66. BancFirst has a 12 month low of $42.50 and a 12 month high of $61.05.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 15th. Stockholders of record on Friday, December 29th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend was Thursday, December 28th. BancFirst’s payout ratio is 31.70%.

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About BancFirst

BancFirst Corporation is a financial holding company. The Company conducts its operating activities through its principal subsidiary, BancFirst (the Bank), a state-chartered bank. It has four business units, which include metropolitan banks, community banks, other financial services, and executive, operations and support.

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