BOK Financial (BOKF) to Release Earnings on Monday

BOK Financial (NASDAQ:BOKF) is expected to release its earnings data after the market closes on Monday, April 21st. Analysts expect BOK Financial to post earnings of $2.01 per share and revenue of $520.86 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

BOK Financial (NASDAQ:BOKF) last announced its quarterly earnings data on Friday, January 17th. The bank reported $2.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.97 by $0.15. BOK Financial had a return on equity of 9.86% and a net margin of 15.32%. On average, analysts expect BOK Financial to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.

BOK Financial Stock Performance

Shares of BOKF stock opened at $87.86 on Monday. The company has a current ratio of 0.75, a quick ratio of 0.79 and a debt-to-equity ratio of 0.57. The stock has a 50 day simple moving average of $103.19 and a 200-day simple moving average of $108.29. The company has a market cap of $5.64 billion, a price-to-earnings ratio of 10.81 and a beta of 0.93. BOK Financial has a 12-month low of $85.02 and a 12-month high of $121.58.

BOK Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were given a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 2.60%. The ex-dividend date was Wednesday, February 12th. BOK Financial’s payout ratio is 28.04%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Royal Bank of Canada upped their price target on shares of BOK Financial from $115.00 to $120.00 and gave the stock a “sector perform” rating in a research note on Wednesday, January 22nd. Barclays dropped their target price on shares of BOK Financial from $115.00 to $110.00 and set an “equal weight” rating for the company in a report on Tuesday, April 8th. StockNews.com downgraded shares of BOK Financial from a “buy” rating to a “hold” rating in a research report on Monday, March 17th. Wells Fargo & Company lowered their price target on BOK Financial from $120.00 to $100.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 9th. Finally, Stephens reduced their price objective on BOK Financial from $135.00 to $127.00 and set an “equal weight” rating for the company in a report on Wednesday, January 22nd. Seven equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, BOK Financial has an average rating of “Hold” and an average price target of $117.00.

About BOK Financial

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.