Wall Street analysts expect BOK Financial Co. (NASDAQ:BOKF – Get Rating) to report earnings of $1.44 per share for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for BOK Financial’s earnings, with estimates ranging from $1.09 to $1.59. BOK Financial reported earnings per share of $2.40 in the same quarter last year, which suggests a negative year over year growth rate of 40%. The company is expected to announce its next quarterly earnings results on Monday, January 1st.
According to Zacks, analysts expect that BOK Financial will report full year earnings of $6.00 per share for the current fiscal year, with EPS estimates ranging from $5.61 to $6.26. For the next fiscal year, analysts anticipate that the business will post earnings of $7.24 per share, with EPS estimates ranging from $6.72 to $8.16. Zacks’ EPS averages are an average based on a survey of research analysts that cover BOK Financial.
BOK Financial (NASDAQ:BOKF – Get Rating) last posted its quarterly earnings data on Wednesday, April 27th. The bank reported $0.91 earnings per share for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.68). BOK Financial had a return on equity of 9.95% and a net margin of 29.37%. During the same quarter last year, the firm earned $2.10 EPS.
BOKF opened at $86.99 on Friday. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.03. BOK Financial has a twelve month low of $77.65 and a twelve month high of $120.20. The company has a market cap of $5.92 billion, a PE ratio of 11.21 and a beta of 1.36. The company has a 50-day moving average price of $93.94 and a 200 day moving average price of $101.37.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 23rd. Stockholders of record on Tuesday, February 15th were issued a $0.53 dividend. The ex-dividend date was Monday, February 14th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.44%. BOK Financial’s payout ratio is 27.32%.
In related news, Director Steven Bangert sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, February 7th. The stock was sold at an average price of $105.00, for a total transaction of $525,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Marc Maun sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, March 11th. The shares were sold at an average price of $101.61, for a total value of $101,610.00. The disclosure for this sale can be found here. 56.94% of the stock is currently owned by insiders.
A number of large investors have recently made changes to their positions in BOKF. Covestor Ltd acquired a new position in BOK Financial in the fourth quarter valued at $31,000. Captrust Financial Advisors grew its stake in BOK Financial by 104.5% during the 3rd quarter. Captrust Financial Advisors now owns 503 shares of the bank’s stock worth $45,000 after buying an additional 257 shares during the last quarter. Marshall Wace North America L.P. acquired a new position in BOK Financial during the first quarter worth approximately $50,000. Geneos Wealth Management Inc. purchased a new stake in BOK Financial in the fourth quarter valued at approximately $63,000. Finally, Metropolitan Life Insurance Co NY acquired a new stake in shares of BOK Financial in the fourth quarter valued at approximately $63,000. Hedge funds and other institutional investors own 39.12% of the company’s stock.
About BOK Financial (Get Rating)
BOK Financial Corporation operates as the financial holding company for BOKF, NA that provides various financial products and services in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. It operates through three segments: Commercial Banking, Consumer Banking, and Wealth Management.
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