Zacks Research Has Positive Outlook for Bank OZK Q2 Earnings

Bank OZK (NASDAQ:OZK) – Equities research analysts at Zacks Research increased their Q2 2027 earnings estimates for Bank OZK in a research note issued on Monday, July 20th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $1.71 for the quarter, up from their previous estimate of $1.66. The consensus estimate for Bank OZK’s current full-year earnings is $6.02 per share. Zacks Research also issued estimates for Bank OZK’s Q3 2027 earnings at $1.77 EPS, Q4 2027 earnings at $1.70 EPS, FY2027 earnings at $6.75 EPS, Q2 2028 earnings at $1.95 EPS and FY2028 earnings at $7.84 EPS.

Bank OZK (NASDAQ:OZK) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $1.44 earnings per share for the quarter, missing analysts’ consensus estimates of $1.46 by ($0.02). Bank OZK had a return on equity of 12.32% and a net margin of 25.27%.The business had revenue of $424.32 million during the quarter, compared to the consensus estimate of $422.62 million. During the same quarter in the previous year, the firm posted $1.47 earnings per share. The company’s revenue was up 2.2% compared to the same quarter last year.

A number of other brokerages have also recently commented on OZK. TD Cowen cut shares of Bank OZK from a “buy” rating to a “hold” rating and set a $53.00 target price on the stock. in a research report on Monday, July 6th. Weiss Ratings upgraded shares of Bank OZK from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd. UBS Group began coverage on Bank OZK in a research note on Tuesday, April 7th. They set a “neutral” rating and a $48.00 price objective on the stock. Wall Street Zen upgraded Bank OZK from a “sell” rating to a “hold” rating in a report on Sunday, May 17th. Finally, Morgan Stanley boosted their target price on Bank OZK from $54.00 to $56.00 and gave the company an “equal weight” rating in a research note on Monday, June 29th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $56.25.

Bank OZK Price Performance

Shares of Bank OZK stock opened at $51.43 on Tuesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.00 and a current ratio of 1.00. Bank OZK has a 52-week low of $42.37 and a 52-week high of $53.66. The company has a fifty day moving average of $49.72 and a 200-day moving average of $48.18. The stock has a market capitalization of $5.75 billion, a price-to-earnings ratio of 8.38 and a beta of 0.89.

Bank OZK Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 20th. Investors of record on Monday, July 13th were issued a dividend of $0.48 per share. The ex-dividend date was Monday, July 13th. This represents a $1.92 dividend on an annualized basis and a yield of 3.7%. This is an increase from Bank OZK’s previous quarterly dividend of $0.47. Bank OZK’s dividend payout ratio (DPR) is currently 31.27%.

Bank OZK announced that its board has initiated a stock buyback program on Monday, June 29th that allows the company to repurchase $200.00 million in outstanding shares. This repurchase authorization allows the company to purchase up to 3.4% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Institutional Investors Weigh In On Bank OZK

Several institutional investors have recently added to or reduced their stakes in the company. V Square Quantitative Management LLC bought a new stake in Bank OZK in the 4th quarter worth $25,000. BOKF NA bought a new position in shares of Bank OZK during the third quarter valued at about $27,000. Bayforest Capital Ltd raised its stake in shares of Bank OZK by 100.5% during the fourth quarter. Bayforest Capital Ltd now owns 766 shares of the company’s stock valued at $35,000 after acquiring an additional 384 shares during the last quarter. Eurizon Capital SGR S.p.A. bought a new position in shares of Bank OZK during the fourth quarter valued at about $36,000. Finally, Transamerica Financial Advisors LLC boosted its holdings in shares of Bank OZK by 111.2% during the fourth quarter. Transamerica Financial Advisors LLC now owns 830 shares of the company’s stock worth $38,000 after purchasing an additional 437 shares during the period. Hedge funds and other institutional investors own 86.18% of the company’s stock.

About Bank OZK

Bank OZK, formerly known as Bank of the Ozarks, is a regional commercial bank headquartered in Little Rock, Arkansas. Established in 1903, the bank offers a full suite of banking products and services to both individual and corporate clients. Through a combination of organic growth and targeted acquisitions, Bank OZK has built a diversified lending portfolio and a strong deposit franchise.

The bank’s core operations focus on commercial real estate lending, including acquisition, development and construction financing.