With 0.72 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.42 million shares. The 52-week range on OZK shows that it touched its highest point at $53.64 and its lowest point at $35.71 during that stretch. It currently has a 1-year price target of $50.62. With its current market cap of 5.09 billion, OZK has annualized dividend of $1.66 while the current yield stands at 3.70%. Beta for the stock currently stands at 0.86.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OZK was up-trending over the past week, with a rise of 3.73%, but this was up by 19.29% over a month. Three-month performance dropped to -15.45% while six-month performance rose 2.77%. The stock lost -5.72% in the past year, while it has gained 0.67% so far this year. A look at the trailing 12-month EPS for OZK yields 6.11 with Next year EPS estimates of 6.49. For the next quarter, that number is 1.52. This implies an EPS growth rate of -1.11% for this year and 6.94% for next year. EPS is expected to grow by 3.10% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 13.22%.
Float and Shares Shorts:
At present, 113.73 million OZK shares are outstanding with a float of 107.79 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OZK since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $6.10478 being high and $5.9947 being low. For OZK, this leads to a yearly average estimate of $6.03473. Based on analyst estimates, the high estimate for the next quarter is $1.61 and the low estimate is $1.36. The average estimate for the next quarter is thus $1.53.
