- Bank OZK (OZK, Financial) is set to report Q1 earnings on April 16, with an expected EPS of $1.40.
- Projected revenue decline by 0.8% to $402.81 million, amidst a historical trend of surpassing estimates.
- Analyst consensus maintains a "Hold" recommendation, with a significant upside potential indicated.
Bank OZK's Anticipated Earnings Release
As Bank OZK (OZK) prepares to unveil its Q1 earnings results on April 16, anticipation builds around the expected earnings per share (EPS) of $1.40. This forecast marks a 7.3% decline from the previous year. Meanwhile, revenue projections are set at $402.81 million, a slight decrease of 0.8%. Despite the forecasted decreases, it's noteworthy that Bank OZK has a strong history, having surpassed EPS and revenue estimates 88% of the time, which could play a pivotal role in shaping investor expectations.
Wall Street's Perspective
Wall Street analysts have set a one-year price target for Bank OZK (OZK, Financial), averaging $51.88. They have projected a high estimate of $65.00 and a low of $40.00. This average target suggests a promising potential upside of 32.20% from the current trading price of $39.24. Investors seeking more detailed estimate data can visit the Bank OZK (OZK) Forecast page for further insights.
Current Analyst Ratings
The consensus among 9 brokerage firms ranks Bank OZK (OZK, Financial) with an average recommendation of 2.9, categorizing the stock as "Hold." This rating scale spans from 1, indicating a Strong Buy, to 5, designating Sell. This "Hold" status reflects cautious optimism, balancing expectations of future performance with prevalent market conditions.
GuruFocus's Valuation Projection
According to GuruFocus estimates, the GF Value for Bank OZK (OZK, Financial) over the next year is projected at $51.51. This suggests an appealing upside of 31.27% from the current share price of $39.24. The GF Value represents GuruFocus's fair value assessment, grounded in the stock's historical trading multiples, alongside past business growth and future performance projections. For a comprehensive overview, the Bank OZK (OZK) Summary page offers extensive data and analysis.
