Bank OZK (NASDAQ: OZK) is -18.40% 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 $41.73 in the last trading session, with the day’s loss setting it -1.07%.
Currently trading at $40.66, the stock is -2.82% and -5.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.26 million and changing -2.56% at the moment leaves the stock -7.71% off its SMA200. OZK registered 9.68% gain for a year compared to 6-month loss of -7.17%. The firm has a 50-day simple moving average (SMA 50) of $42.7064 and a 200-day simple moving average (SMA200) of $44.0363.
The stock witnessed a -5.40% gain in the last 1 month and extending the period to 3 months gives it a 3.80%, and is -4.58% down 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 2.62% over the week and 2.71% over the month.
Bank OZK (OZK) has around 2744 employees, a market worth around $4.61B and $2.60B in sales. Current P/E ratio is 6.75 and Fwd P/E is 6.63. Profit margin for the company is 26.41%. Distance from 52-week low is 16.97% and -22.35% from its 52-week high. The company has generated returns on investments over the last 12 months (10.92%).
Bank OZK quarterly earnings per share for the current quarter are estimated at 1.53 with sales reaching $424.83M over the same period.The EPS is expected to grow by 3.20% this year, but quarterly earnings will post 10.00% year-over-year.
576.0 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 15.40%. 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.
