BOK Financial (BOKF) to Release Quarterly Earnings on Monday

BOK Financial (NASDAQ:BOKF) is expected to be releasing 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. Investors that wish to register for the company’s conference call can do so using this link.

BOK Financial (NASDAQ:BOKF) last released its quarterly earnings data on Friday, January 17th. The bank reported $2.12 earnings per share for the quarter, beating the consensus estimate of $1.97 by $0.15. BOK Financial had a net margin of 15.32% and a return on equity of 9.86%. 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 Trading Up 0.4 %

Shares of BOKF stock opened at $91.17 on Friday. The stock has a market capitalization of $5.86 billion, a P/E ratio of 11.21 and a beta of 0.93. 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 firm’s 50 day moving average is $101.11 and its 200 day moving average is $107.78. BOK Financial has a 12-month low of $85.08 and a 12-month high of $121.58.

BOK Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were issued a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 2.50%. The ex-dividend date was Wednesday, February 12th. BOK Financial’s payout ratio is currently 28.04%.

Wall Street Analyst Weigh In

BOKF has been the topic of several recent research reports. Barclays decreased their price target on shares of BOK Financial from $115.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 8th. Stephens lowered their target price on BOK Financial from $135.00 to $127.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 22nd. Wells Fargo & Company reduced their price target on BOK Financial from $120.00 to $100.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 9th. StockNews.com downgraded BOK Financial from a “buy” rating to a “hold” rating in a research note on Monday, March 17th. Finally, Royal Bank of Canada boosted their price objective on BOK Financial from $115.00 to $120.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 22nd. Seven research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus 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.