BOK Financial (BOKF) to Release Quarterly Earnings on Monday

BOK Financial (NASDAQ:BOKF) will be announcing its earnings results after the market closes on Monday, October 21st. Analysts expect the company to announce earnings of $1.98 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

BOK Financial (NASDAQ:BOKF) last posted its quarterly earnings data on Monday, July 22nd. The bank reported $2.54 EPS for the quarter, topping analysts’ consensus estimates of $1.89 by $0.65. The company had revenue of $871.84 million for the quarter, compared to analyst estimates of $520.43 million. BOK Financial had a return on equity of 9.94% and a net margin of 13.92%. During the same period in the previous year, the firm earned $2.27 earnings per share. On average, analysts expect BOK Financial to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

BOK Financial Stock Performance

NASDAQ:BOKF opened at $113.74 on Friday. The company has a market capitalization of $7.34 billion, a PE ratio of 16.58 and a beta of 1.17. BOK Financial has a fifty-two week low of $62.42 and a fifty-two week high of $114.93. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.81 and a current ratio of 0.82. The company has a 50 day simple moving average of $103.77 and a two-hundred day simple moving average of $96.61.

BOK Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Thursday, August 15th were issued a $0.55 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $2.20 annualized dividend and a yield of 1.93%. BOK Financial’s payout ratio is 32.07%.

Analyst Upgrades and Downgrades

BOKF has been the topic of several research analyst reports. Hovde Group upped their target price on BOK Financial from $106.00 to $122.00 and gave the company an “outperform” rating in a research report on Wednesday, July 24th. StockNews.com upgraded shares of BOK Financial from a “sell” rating to a “hold” rating in a research note on Friday, July 26th. Wedbush increased their target price on shares of BOK Financial from $94.00 to $115.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 23rd. Wells Fargo & Company lifted their price target on shares of BOK Financial from $100.00 to $102.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 1st. Finally, Stephens reissued an “equal weight” rating and set a $104.00 price objective on shares of BOK Financial in a research report on Tuesday, July 23rd. Seven investment 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, BOK Financial currently has a consensus rating of “Hold” and a consensus price target of $111.10.

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.