Bank OZK (NASDAQ: OZK) is -1.24% lower on its value in year-to-date trading and has touched a low of $37.43 and a high of $51.50 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 $43.83 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $43.98, the stock is -3.50% and -5.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.42 million and changing 0.34% at the moment leaves the stock 0.05% off its SMA200. OZK registered -8.77% loss for a year compared to 6-month gain of 10.39%. The firm has a 50-day simple moving average (SMA 50) of $46.463 and a 200-day simple moving average (SMA200) of $43.9595.
The stock witnessed a -8.98% loss in the last 1 month and extending the period to 3 months gives it a 4.79%, and is -2.24% 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 2.69% over the week and 2.77% over the month.
Bank OZK (OZK) has around 2744 employees, a market worth around $5.01B and $2.72B in sales. Current P/E ratio is 7.23 and Fwd P/E is 7.52. Profit margin for the company is 25.48%. Distance from 52-week low is 17.50% and -14.60% 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 2.81% this year.
Bank OZK (OZK) Top Institutional Holders
584.0 institutions hold shares in Bank OZK (OZK), with institutional investors hold 95.94% of the company’s shares. The shares outstanding are 113.45M, and float is at 107.79M with Short Float at 13.79%. Institutions hold 95.93% 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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