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Check out this: Bank OZK (OZK) could be on the verge of a big rally

Bank OZK (NASDAQ: OZK) is -13.75% lower on its value in year-to-date trading and has touched a low of $34.76 and a high of $52.36 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OZK stock was last observed hovering at around $43.51 in the last trading session, with the day’s loss setting it -0.53%.

Currently trading at $42.98, the stock is 1.44% and 1.97% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing -1.22% at the moment leaves the stock -2.27% off its SMA200. OZK registered 8.21% gain for a year compared to 6-month gain of 2.02%.

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The stock witnessed a -8.08% loss in the last 1 month and extending the period to 3 months gives it a -7.57%, and is 2.11% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.92% over the week and 2.86% over the month.

Bank OZK (OZK) has around 2744 employees, a market worth around $4.88B and $2.60B in sales. Current P/E ratio is 7.14 and Fwd P/E is 6.91. Profit margin for the company is 26.41%. Distance from 52-week low is 23.65% and -17.91% from its 52-week high. The company has generated returns on investments over the last 12 months (10.92%).

The EPS is expected to grow by 3.63% this year.

Bank OZK (OZK) Top Institutional Holders

577.0 institutions hold shares in Bank OZK (OZK), with institutional investors hold 91.91% of the company’s shares. The shares outstanding are 113.15M, and float is at 106.25M with Short Float at 13.77%. Institutions hold 91.90% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 11.83 million shares valued at $485.04 million. The investor’s holdings represent 10.4178% of the OZK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 9.99 million shares valued at $409.64 million to account for 8.7982 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 6.67 million shares representing 5.8738% and valued at over $273.47 million, while STATE STREET CORP holds 5.8311 of the shares totaling 6.62 million with a market value of $271.49 million.

Bank OZK (OZK) Insider Activity

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