Are we looking at the next big move in Bank OZK (OZK)?

Bank OZK (NASDAQ: OZK) is -2.69% lower on its value in year-to-date trading and has touched a low of $37.43 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 $47.77 in the last trading session, with the day’s gains setting it 0.72%.

Currently trading at $48.49, the stock is 6.42% and 11.09% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.29 million and changing 1.51% at the moment leaves the stock 11.95% off its SMA200. OZK registered 17.35% gain for a year compared to 6-month loss of -0.02%. The firm has a 50-day simple moving average (SMA 50) of $43.6476 and a 200-day simple moving average (SMA200) of $43.3137.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a 3.70% gain in the last 1 month and extending the period to 3 months gives it a 15.21%, and is 4.37% 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 2.79% over the week and 2.97% over the month.

Bank OZK (OZK) has around 2744 employees, a market worth around $5.58B and $2.72B in sales. Current P/E ratio is 7.97 and Fwd P/E is 8.19. Profit margin for the company is 25.48%. Distance from 52-week low is 29.55% and -7.39% from its 52-week high. The company has generated returns on investments over the last 12 months (11.16%).

with sales reaching $407.61M over the same period.The EPS is expected to grow by 2.75% this year, but quarterly earnings will post 6.20% year-over-year. Quarterly sales are estimated to grow 0.01% in year-over-year returns.

Bank OZK (OZK) Top Institutional Holders

587.0 institutions hold shares in Bank OZK (OZK), with institutional investors hold 96.64% of the company’s shares. The shares outstanding are 113.15M, and float is at 107.79M with Short Float at 14.94%. Institutions hold 96.64% 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.