Equities research analysts expect BOK Financial Co. (NASDAQ:BOKF) to report $1.72 earnings per share for the current quarter, according to Zacks Investment Research. Six analysts have provided estimates for BOK Financial’s earnings, with the highest EPS estimate coming in at $1.80 and the lowest estimate coming in at $1.56. BOK Financial reported earnings per share of $1.61 during the same quarter last year, which would indicate a positive year over year growth rate of 6.8%. The company is expected to issue its next earnings report on Wednesday, April 24th.

On average, analysts expect that BOK Financial will report full year earnings of $7.40 per share for the current year, with EPS estimates ranging from $7.15 to $7.57. For the next financial year, analysts expect that the business will post earnings of $7.84 per share, with EPS estimates ranging from $7.61 to $7.97. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that follow BOK Financial.

BOK Financial (NASDAQ:BOKF) last posted its quarterly earnings results on Wednesday, January 30th. The bank reported $1.65 earnings per share for the quarter, missing analysts’ consensus estimates of $1.70 by ($0.05). BOK Financial had a return on equity of 12.04% and a net margin of 24.15%. The firm had revenue of $422.14 million for the quarter, compared to analyst estimates of $423.33 million. During the same period last year, the company posted $1.29 earnings per share. The firm’s quarterly revenue was up 12.8% compared to the same quarter last year.

BOKF has been the subject of a number of recent research reports. ValuEngine lowered BOK Financial from a “hold” rating to a “sell” rating in a report on Wednesday, November 21st. BidaskClub lowered BOK Financial from a “sell” rating to a “strong sell” rating in a report on Saturday, December 8th. Morgan Stanley decreased their price objective on BOK Financial from $105.00 to $95.00 and set an “equal weight” rating for the company in a report on Tuesday, December 11th. Wells Fargo & Co decreased their price objective on BOK Financial from $100.00 to $85.00 and set a “market perform” rating for the company in a report on Thursday, January 3rd. Finally, SunTrust Banks boosted their price objective on BOK Financial to $92.00 and gave the stock a “hold” rating in a report on Thursday, January 31st. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $102.95.

Shares of BOKF opened at $86.19 on Friday. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.94 and a quick ratio of 0.93. The company has a market cap of $6.24 billion, a price-to-earnings ratio of 12.71, a P/E/G ratio of 1.79 and a beta of 1.24. BOK Financial has a 52 week low of $69.96 and a 52 week high of $107.00.

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 25th. Shareholders of record on Monday, February 11th were issued a dividend of $0.50 per share. This is a positive change from BOK Financial’s previous quarterly dividend of $0.40. This represents a $2.00 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date was Friday, February 8th. BOK Financial’s payout ratio is currently 29.50%.

In other BOK Financial news, Director George B. Kaiser bought 3,000 shares of BOK Financial stock in a transaction dated Thursday, February 7th. The stock was bought at an average cost of $85.83 per share, with a total value of $257,490.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Joseph A. Gottron II bought 1,900 shares of BOK Financial stock in a transaction dated Monday, December 31st. The stock was acquired at an average cost of $72.69 per share, with a total value of $138,111.00. Following the completion of the acquisition, the executive vice president now owns 8,456 shares of the company’s stock, valued at $614,666.64. The disclosure for this purchase can be found here. Insiders have acquired a total of 6,800 shares of company stock valued at $533,712 over the last three months. Corporate insiders own 60.50% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the company. MUFG Securities EMEA plc bought a new position in BOK Financial during the fourth quarter valued at $79,000. American Century Companies Inc. grew its holdings in BOK Financial by 10.5% during the fourth quarter. American Century Companies Inc. now owns 115,135 shares of the bank’s stock valued at $8,443,000 after purchasing an additional 10,929 shares during the period. Geode Capital Management LLC grew its holdings in BOK Financial by 5.8% during the fourth quarter. Geode Capital Management LLC now owns 366,530 shares of the bank’s stock valued at $26,877,000 after purchasing an additional 20,036 shares during the period. Norges Bank bought a new position in BOK Financial during the fourth quarter valued at $25,754,000. Finally, FMR LLC lifted its position in shares of BOK Financial by 6.1% during the fourth quarter. FMR LLC now owns 581,211 shares of the bank’s stock worth $42,620,000 after acquiring an additional 33,309 shares in the last quarter. 42.47% of the stock is owned by institutional investors.

About BOK Financial

BOK Financial Corporation operates as the financial holding company for BOKF, NA that provides various financial products and services in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. It operates through three segments: Commercial Banking, Consumer Banking, and Wealth Management.

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Earnings History and Estimates for BOK Financial (NASDAQ:BOKF)

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