BOK Financial (BOKF) Scheduled to Post Earnings on Wednesday

BOK Financial (NASDAQ:BOKF) is set to release its earnings data before the market opens on Wednesday, April 24th. Analysts expect BOK Financial to post earnings of $1.72 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

BOK Financial (NASDAQ:BOKF) last issued its quarterly earnings results on Wednesday, January 24th. The bank reported $1.26 earnings per share for the quarter, missing the consensus estimate of $1.75 by ($0.49). BOK Financial had a return on equity of 11.46% and a net margin of 16.94%. The business had revenue of $843.21 million during the quarter, compared to analysts’ expectations of $485.87 million. During the same quarter in the previous year, the company posted $2.51 earnings per share. On average, analysts expect BOK Financial to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

BOK Financial Trading Up 1.6 %

Shares of NASDAQ BOKF opened at $89.26 on Tuesday. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.85 and a current ratio of 0.85. The business’s 50 day moving average price is $86.83 and its 200-day moving average price is $81.19. BOK Financial has a fifty-two week low of $62.42 and a fifty-two week high of $92.75. The company has a market cap of $5.77 billion, a price-to-earnings ratio of 11.16 and a beta of 1.21.

BOK Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th were issued a dividend of $0.55 per share. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $2.20 annualized dividend and a yield of 2.46%. BOK Financial’s payout ratio is currently 27.50%.

Analysts Set New Price Targets

Several research analysts have commented on the company. Stephens raised their price objective on BOK Financial from $96.00 to $98.00 and gave the stock an “equal weight” rating in a report on Thursday, January 25th. Truist Financial raised their price objective on BOK Financial from $90.00 to $99.00 and gave the stock a “hold” rating in a report on Monday, April 1st. StockNews.com downgraded BOK Financial from a “hold” rating to a “sell” rating in a report on Thursday, March 21st. Raymond James upgraded BOK Financial from a “market perform” rating to an “outperform” rating and set a $103.00 price objective on the stock in a report on Thursday, April 4th. Finally, Wells Fargo & Company raised their price objective on BOK Financial from $80.00 to $95.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 10th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, BOK Financial currently has an average rating of “Hold” and a consensus target price of $96.22.

Insider Buying and Selling at BOK Financial

In other BOK Financial news, Director Steven Bangert sold 3,000 shares of the stock in a transaction on Monday, February 5th. The stock was sold at an average price of $81.59, for a total transaction of $244,770.00. Following the sale, the director now owns 50,985 shares of the company’s stock, valued at approximately $4,159,866.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 59.72% of the company’s stock.

BOK Financial Company Profile

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.