Bank OZK (NASDAQ: OZK) is -2.94% lower on its value in year-to-date trading and has touched a low of $35.71 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 $42.60 in the last trading session, with the day’s gains setting it 0.62%.
Currently trading at $43.22, the stock is 6.96% and -0.33% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing 1.46% at the moment leaves the stock -3.62% off its SMA200. OZK registered -5.74% loss for a year compared to 6-month loss of -2.72%. The firm has a 50-day simple moving average (SMA 50) of $43.3616 and a 200-day simple moving average (SMA200) of $44.84385.
The stock witnessed a -0.37% gain in the last 1 month and extending the period to 3 months gives it a -15.04%, and is 1.38% 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 2.22% over the week and 5.04% over the month.
Bank OZK (OZK) has around 3028 employees, a market worth around $4.90B and $2.78B in sales. Current P/E ratio is 7.08 and Fwd P/E is 6.66. Profit margin for the company is 25.08%. Distance from 52-week low is 21.03% and -19.43% from its 52-week high. The company has generated returns on investments over the last 12 months (10.56%).
with sales reaching $423.51M over the same period.The EPS is expected to shrink by -1.46% this year, but quarterly earnings will post 2.15% year-over-year. Quarterly sales are estimated to grow 1.62% in year-over-year returns.
610.0 institutions hold shares in Bank OZK (OZK), with institutional investors hold 100.63% of the company’s shares. The shares outstanding are 113.73M, and float is at 107.79M with Short Float at 16.73%. Institutions hold 95.56% 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.
