Piper Sandler analyst Stephen Scouten maintained a Buy rating on Bank OZK (OZK – Research Report) today and set a price target of $60.00. The company’s shares closed yesterday at $41.82.
Scouten covers the Financial sector, focusing on stocks such as Bank OZK, Trustmark, and Veritex. According to TipRanks, Scouten has an average return of 5.1% and a 53.95% success rate on recommended stocks.
Bank OZK has an analyst consensus of Hold, with a price target consensus of $49.63.
Based on Bank OZK’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $392.99 million and a net profit of $173.79 million. In comparison, last year the company earned a revenue of $323.78 million and had a net profit of $132.35 million
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Bank OZK (OZK) Company Description:
Bank OZK engages in the provision of retail and commercial banking services. The firm offers deposit services such as checking, savings, money market, time deposit, and individual retirement accounts. It also provides loan services including various types of real estate, consumer, commercial, industrial, and agricultural loans. The company was founded in 1903 and is headquartered in Little Rock, AR.
Read More on OZK:
- Bank OZK First Quarter 2024 Management Comments
- Is OZK a Buy, Before Earnings?
- Bank OZK price target lowered to $49 from $53 at UBS
- Bank OZK boosts dividend to 39c per share dividend on common stock
- Bank OZK Announces Increase to Quarterly Common Stock Dividend and Announces Preferred Stock Dividend
