Bank of the Ozarks (OZRK) Getting Somewhat Positive Press Coverage, Study Shows

News coverage about Bank of the Ozarks (NASDAQ:OZRK) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Bank of the Ozarks earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.9542023593665 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the headlines that may have effected Accern Sentiment’s rankings:

A number of equities analysts have issued reports on the company. Brean Capital reaffirmed a “buy” rating on shares of Bank of the Ozarks in a research note on Monday, October 23rd. Zacks Investment Research raised Bank of the Ozarks from a “sell” rating to a “hold” rating in a research note on Friday, October 13th. Stephens set a $48.00 price target on Bank of the Ozarks and gave the company a “hold” rating in a research note on Thursday, August 3rd. Morgan Stanley assumed coverage on Bank of the Ozarks in a research note on Wednesday, August 2nd. They set an “overweight” rating and a $54.00 price target for the company. Finally, Piper Jaffray Companies reaffirmed an “overweight” rating and set a $55.00 price target on shares of Bank of the Ozarks in a research note on Thursday, October 5th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $54.13.

Bank of the Ozarks (NASDAQ:OZRK) last released its earnings results on Wednesday, October 11th. The financial services provider reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.01. Bank of the Ozarks had a net margin of 65.67% and a return on equity of 11.85%. The firm had revenue of $242.47 million during the quarter, compared to analyst estimates of $243.67 million. During the same quarter in the previous year, the business earned $0.66 EPS.

The firm also recently announced a quarterly dividend, which was paid on Friday, October 20th. Shareholders of record on Friday, October 13th were issued a dividend of $0.185 per share. This represents a $0.74 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date was Thursday, October 12th. This is a positive change from Bank of the Ozarks’s previous quarterly dividend of $0.18. Bank of the Ozarks’s payout ratio is currently 25.26%.

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About Bank of the Ozarks

Bank of the Ozarks, Inc is a state chartered bank that provides retail and commercial banking services. Its deposit services include checking, savings, money market, time deposit and individual retirement accounts. Its loan services include various types of real estate, consumer, commercial, industrial and agricultural loans and various leasing services.

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