Equities research analysts at Wunderlich increased their price target on shares of Bank of the Ozarks (NASDAQ: OZRK) from $39.00 to $43.00 in a research note issued to investors on Thursday, AnalystRatingsNetwork.com reports. The firm currently has a “buy” rating on the stock.
Bank of the Ozarks (NASDAQ: OZRK) traded down 0.02% on Thursday, hitting $41.96. Bank of the Ozarks has a 52-week low of $27.83 and a 52-week high of $45.16. The stock’s 50-day moving average is currently $41.02. The company has a market cap of $1.483 billion and a price-to-earnings ratio of 18.99.
The company also recently announced a quarterly dividend, which is scheduled for Friday, April 19th. Investors of record on Friday, April 12th will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 1.62%. The ex-dividend date is Wednesday, April 10th. This is an increase from Bank of the Ozarks’s previous quarterly dividend of $0.15.
Bank of the Ozarks, Inc. is a bank holding company with $4.04 billion in total assets as of December 31, 2012 and trades on the NASDAQ Global Select Market under the symbol “OZRK.