FY2025 EPS Forecast for BOK Financial Lowered by Analyst

BOK Financial Co. (NASDAQ:BOKF) – Investment analysts at DA Davidson reduced their FY2025 EPS estimates for BOK Financial in a research report issued to clients and investors on Wednesday, April 2nd. DA Davidson analyst P. Winter now forecasts that the bank will earn $8.59 per share for the year, down from their previous forecast of $8.61. The consensus estimate for BOK Financial’s current full-year earnings is $8.83 per share.

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

A number of other brokerages have also issued reports on BOKF. Stephens decreased their target price on shares of 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. Barclays assumed coverage on BOK Financial in a report on Wednesday. They set an “equal weight” rating and a $115.00 price objective on the stock. Royal Bank of Canada upped their target price 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. Finally, StockNews.com downgraded BOK Financial from a “buy” rating to a “hold” rating in a research report on Monday, March 17th. Seven equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $118.70.

BOK Financial Price Performance

BOK Financial stock opened at $89.91 on Friday. The stock has a market capitalization of $5.77 billion, a P/E ratio of 11.06 and a beta of 1.20. BOK Financial has a 12-month low of $85.02 and a 12-month high of $121.58. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.75 and a quick ratio of 0.79. The firm’s 50-day moving average is $106.05 and its two-hundred day moving average is $109.05.

BOK Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 2.54%. The ex-dividend date was Wednesday, February 12th. BOK Financial’s dividend payout ratio is presently 28.04%.

Hedge Funds Weigh In On BOK Financial

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in shares of BOK Financial by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 2,445,542 shares of the bank’s stock worth $260,328,000 after purchasing an additional 11,418 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in BOK Financial by 4.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,372,203 shares of the bank’s stock worth $252,526,000 after acquiring an additional 98,588 shares in the last quarter. AQR Capital Management LLC grew its position in BOK Financial by 80.0% in the fourth quarter. AQR Capital Management LLC now owns 414,548 shares of the bank’s stock valued at $44,129,000 after acquiring an additional 184,261 shares in the last quarter. Geode Capital Management LLC grew its position in BOK Financial by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 410,570 shares of the bank’s stock valued at $43,718,000 after acquiring an additional 5,028 shares in the last quarter. Finally, Millennium Management LLC raised its stake in shares of BOK Financial by 29.4% during the fourth quarter. Millennium Management LLC now owns 252,779 shares of the bank’s stock valued at $26,908,000 after purchasing an additional 57,420 shares during the period. Institutional investors and hedge funds own 34.44% of the company’s stock.

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.