OZK Stock Recent News

Bank OZK (OZK) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Western Alliance Bancorp, First Horizon Corp., Popular Inc. and Bank OZK drew top marks Tuesday out of the 18 banks covered by Citi analyst Ben Gerlinger.

Bank OZK (OZK) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Inflation has frozen month-to-month for the first time in two years, leading to a decrease in the 10-year treasury yield. The S&P 500 has rallied 10% in response to the decrease in interest rates, but Bank OZK's preferred stock has only gained 2%. Bank OZK's preferred stock offers a high dividend yield of 7.7% and has great upside potential, as the bank is well protected from financial sector headwinds.

The U.S. stock markets are on a roll this November. To capitalize on this, we have selected two banks - Wintrust Financial (WTFC) and Bank OZK (OZK) - for your portfolio.

Higher interest rates, decent loan demand, efforts to improve fee income and manageable debt make Bank OZK (OZK) stock an attractive pick right now.

After losing some value lately, a hammer chart pattern has been formed for Bank OZK (OZK), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Bank OZK (OZK) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Bank OZK's third-quarter numbers were good, but beats on pre-provision profit aren't going to do much to soothe worries about the credit quality of the bank's construction-heavy loan portfolio. Bank OZK's unique operating model focuses on commercial real estate and construction lending that other banks avoid, and that has worked well for the bank across multiple credit cycles. A high deposit beta isn't surprising or concerning, but investors will be keenly focused on criticized loan metrics and charge-offs in the coming quarters.

Bank OZK (OZK) Q3 2023 Earnings Call Transcript