Bank OZK (NASDAQ: OZK) is -4.88% 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 $41.71 in the last trading session, with the day’s gains setting it 0.64%.
Currently trading at $42.35, the stock is -4.76% and -8.63% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.17 million and changing 1.55% at the moment leaves the stock -3.59% off its SMA200. OZK registered -12.40% loss for a year compared to 6-month gain of -1.13%. The firm has a 50-day simple moving average (SMA 50) of $46.3894 and a 200-day simple moving average (SMA200) of $43.93945.
The stock witnessed a -10.30% loss in the last 1 month and extending the period to 3 months gives it a -0.06%, and is -3.69% 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 3.01% over the week and 2.91% over the month.
Bank OZK (OZK) has around 2744 employees, a market worth around $4.80B and $2.72B in sales. Current P/E ratio is 6.96 and Fwd P/E is 7.25. Profit margin for the company is 25.48%. Distance from 52-week low is 13.16% and -17.76% from its 52-week high. The company has generated returns on investments over the last 12 months (11.16%).
with sales reaching $407.19M over the same period.The EPS is expected to grow by 2.81% this year, but quarterly earnings will post 6.19% year-over-year. Quarterly sales are estimated to shrink -0.09% in year-over-year returns.
Bank OZK (OZK) Top Institutional Holders
583.0 institutions hold shares in Bank OZK (OZK), with institutional investors hold 95.96% of the company’s shares. The shares outstanding are 113.45M, and float is at 107.79M with Short Float at 13.59%. Institutions hold 95.96% 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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