Morgan Stanley (NYSE:MS) analyst Ken Zerbe maintained a Hold rating on Bank OZK (NASDAQ:OZK) on Tuesday, setting a price target of $30, which is approximately 17.69% above the present share price of $25.49.
Zerbe expects Bank OZK to post earnings per share (EPS) of $0.39 for the fourth quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in Bank OZK, with an average price target of $29.
The analysts price targets range from a high of $31 to a low of $27.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $237.18 million and a net profit of $0. The company's market cap is $3.3 billion.
According to TipRanks.com, Morgan Stanley analyst Ken Zerbe is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 1.4% and a 51.02% success rate.
Bank OZK engages in the provision of retail and commercial banking services. The firm offers deposit services such as checking, savings, money market, time deposit, and individual retirement accounts. It also provides loan services including various types of real estate, consumer, commercial, industrial, and agricultural loans. The company was founded in 1903 and is headquartered in Little Rock, AR.