Bank OZK (NASDAQ: OZK) is 0.22% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OZK stock was last observed hovering at around $49.90 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $49.94, the stock is 4.96% and 11.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.49 million and changing 0.08% at the moment leaves the stock 14.59% off its SMA200. OZK registered 21.36% gain for a year compared to 6-month gain of 20.95%. The firm has a 50-day simple moving average (SMA 50) of $44.923 and a 200-day simple moving average (SMA200) of $43.58305.
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The stock witnessed a 13.14% loss in the last 1 month and extending the period to 3 months gives it a 15.47%, and is 4.72% 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 2.34% over the week and 2.71% over the month.
Bank OZK (OZK) has around 2744 employees, a market worth around $5.67B and $2.72B in sales. Current P/E ratio is 8.21 and Fwd P/E is 8.44. Profit margin for the company is 25.48%. Distance from 52-week low is 33.42% and -4.62% from its 52-week high. The company has generated returns on investments over the last 12 months (11.16%).
The EPS is expected to grow by 2.75% this year
589.0 institutions hold shares in Bank OZK (OZK), with institutional investors hold 96.66% of the company’s shares. The shares outstanding are 113.15M, and float is at 107.79M with Short Float at 15.09%. Institutions hold 96.65% 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.
