BOK Financial (BOKF) to Release Quarterly Earnings on Monday

BOK Financial (NASDAQ:BOKF) is expected to release 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 interested in listening to the company’s conference call can do so using this link.

BOK Financial (NASDAQ:BOKF) last issued its quarterly earnings results 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 return on equity of 9.86% and a net margin of 15.32%. 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 Price Performance

Shares of NASDAQ:BOKF opened at $87.86 on Monday. The company has a market cap of $5.64 billion, a P/E ratio of 10.81 and a beta of 0.93. The business has a fifty day simple moving average of $103.19 and a 200-day simple moving average of $108.29. BOK Financial has a 52 week low of $85.02 and a 52 week high of $121.58. The company has a quick ratio of 0.79, a current ratio of 0.75 and a debt-to-equity ratio of 0.57.

BOK Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were issued a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 2.60%. The ex-dividend date was Wednesday, February 12th. BOK Financial’s dividend payout ratio (DPR) is 28.04%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. 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. Royal Bank of Canada lifted their price target on shares of BOK Financial from $115.00 to $120.00 and gave the company a “sector perform” rating in a report on Wednesday, January 22nd. StockNews.com downgraded BOK Financial from a “buy” rating to a “hold” rating in a report on Monday, March 17th. Barclays reduced their target price on BOK Financial from $115.00 to $110.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 8th. Finally, Wells Fargo & Company dropped their price target on BOK Financial from $120.00 to $100.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 9th. Seven analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, BOK Financial presently has a consensus rating of “Hold” and a consensus target price 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.