News headlines about BOK Financial (NASDAQ:BOKF) have trended somewhat positive this week, according to AlphaOne Sentiment. The research firm, a unit of Accern, identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. BOK Financial earned a news sentiment score of 0.24 on AlphaOne’s scale. AlphaOne also assigned media headlines about the bank an impact score of 61 out of 100, indicating that recent media coverage is somewhat likely to have an impact on the company’s share price in the immediate future.
Here are some of the news articles that may have impacted AlphaOne Sentiment Analysis’s analysis:
Shares of BOK Financial (NASDAQ BOKF) traded down 1.52% during midday trading on Tuesday, reaching $81.21. 65,195 shares of the company were exchanged. The company has a market capitalization of $5.31 billion, a PE ratio of 19.17 and a beta of 0.90. The firm’s 50 day moving average is $81.04 and its 200-day moving average is $81.21. BOK Financial has a 52-week low of $56.08 and a 52-week high of $88.78.
BOK Financial (NASDAQ:BOKF) last released its earnings results on Wednesday, April 26th. The bank reported $1.35 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.31. BOK Financial had a return on equity of 6.85% and a net margin of 15.20%. The firm had revenue of $365.53 million for the quarter, compared to analyst estimates of $358.93 million. During the same quarter in the prior year, the firm posted $0.64 earnings per share. The company’s quarterly revenue was up 17.6% on a year-over-year basis. On average, equities analysts forecast that BOK Financial will post $5.24 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, May 26th. Shareholders of record on Friday, May 12th were paid a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 2.13%. The ex-dividend date of this dividend was Wednesday, May 10th. BOK Financial’s payout ratio is 49.86%.
Several research firms recently commented on BOKF. Stephens upgraded shares of BOK Financial from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, April 26th. Zacks Investment Research downgraded shares of BOK Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, April 5th. Keefe, Bruyette & Woods set a $90.00 price objective on shares of BOK Financial and gave the stock a “hold” rating in a research report on Tuesday, April 4th. Royal Bank of Canada upped their price objective on shares of BOK Financial from $86.00 to $90.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 27th. Finally, TheStreet upgraded shares of BOK Financial from a “c+” rating to a “b” rating in a research report on Monday, March 20th. Eight research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. BOK Financial has a consensus rating of “Hold” and a consensus target price of $86.00.
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In other BOK Financial news, EVP Donald T. Parker sold 7,650 shares of the stock in a transaction dated Thursday, May 11th. The stock was sold at an average price of $82.75, for a total value of $633,037.50. Following the transaction, the executive vice president now owns 43,610 shares of the company’s stock, valued at $3,608,727.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Scott Grauer sold 865 shares of the firm’s stock in a transaction dated Friday, April 28th. The stock was sold at an average price of $85.57, for a total value of $74,018.05. Following the sale, the executive vice president now directly owns 25,685 shares in the company, valued at approximately $2,197,865.45. The disclosure for this sale can be found here. Insiders sold 14,985 shares of company stock worth $1,231,453 in the last three months. Insiders own 61.30% of the company’s stock.
BOK Financial Company Profile
BOK Financial Corporation is a financial holding company. The Company offers full service banking in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona and Kansas/Missouri. The Company’s segments include Commercial Banking, Consumer Banking, Wealth Management, and Funds Management and Other.
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