Bank OZK (NASDAQ: OZK) is -0.85% lower on its value in year-to-date trading and has touched a low of $37.43 and a high of $53.64 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 $44.61 in the last trading session, with the day’s loss setting it -0.46%.
Currently trading at $44.15, the stock is -3.08% and -7.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing -1.03% at the moment leaves the stock -0.99% off its SMA200. OZK registered 4.23% gain for a year compared to 6-month gain of 4.82%. The firm has a 50-day simple moving average (SMA 50) of $47.8752 and a 200-day simple moving average (SMA200) of $44.5915.
The stock witnessed a -12.59% loss in the last 1 month and extending the period to 3 months gives it a -7.46%, and is 2.82% 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 2.39% over the week and 3.11% over the month.
Bank OZK (OZK) has around 3028 employees, a market worth around $5.01B and $2.77B in sales. Current P/E ratio is 7.19 and Fwd P/E is 6.67. Profit margin for the company is 25.24%. Distance from 52-week low is 17.95% and -17.69% from its 52-week high. The company has generated returns on investments over the last 12 months (11.27%).
The EPS is expected to shrink by -2.79% this year
610.0 institutions hold shares in Bank OZK (OZK), with institutional investors hold 95.67% of the company’s shares. The shares outstanding are 113.15M, and float is at 107.79M with Short Float at 15.58%. Institutions hold 95.67% 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.
