Media headlines about BOK Financial (NASDAQ:BOKF) have been trending positive recently, Alpha One reports. Alpha One, a service of Accern, rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BOK Financial earned a news impact score of 0.29 on Alpha One’s scale. Alpha One also gave news coverage about the bank an impact score of 64 out of 100, indicating that recent media coverage is somewhat likely to have an impact on the company’s share price in the next few days.
Here are some of the media stories that may have effected AlphaOne Sentiment’s rankings:
BOK Financial (BOKF) traded up 2.78% during trading on Friday, hitting $85.16. 210,847 shares of the stock were exchanged. BOK Financial has a one year low of $56.08 and a one year high of $88.78. The company has a market cap of $5.57 billion, a price-to-earnings ratio of 20.10 and a beta of 0.90. The stock’s 50 day moving average is $82.53 and its 200-day moving average is $81.52.
BOK Financial (NASDAQ:BOKF) last released its earnings results on Wednesday, April 26th. The bank reported $1.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.31. The firm had revenue of $365.53 million for the quarter, compared to analyst estimates of $358.93 million. BOK Financial had a return on equity of 6.85% and a net margin of 15.20%. BOK Financial’s revenue was up 17.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.64 earnings per share. On average, equities research analysts expect that BOK Financial will post $5.26 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, May 26th. Investors of record on Friday, May 12th were paid a $0.44 dividend. The ex-dividend date of this dividend was Wednesday, May 10th. This represents a $1.76 dividend on an annualized basis and a yield of 2.07%. BOK Financial’s dividend payout ratio is currently 49.86%.
Several brokerages have recently issued reports on BOKF. Wedbush lifted their price target on BOK Financial from $79.00 to $83.00 and gave the company a “neutral” rating in a report on Thursday, April 27th. Zacks Investment Research upgraded BOK Financial from a “hold” rating to a “buy” rating and set a $86.00 price target for the company in a report on Wednesday, March 29th. Royal Bank of Canada reiterated a “hold” rating on shares of BOK Financial in a report on Thursday, April 27th. Stephens reiterated a “buy” rating and set a $95.00 price target on shares of BOK Financial in a report on Tuesday. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $81.00 price target (up from $80.00) on shares of BOK Financial in a report on Saturday, June 3rd. Nine equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $86.50.
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In other BOK Financial news, EVP Stephen D. Grossi sold 1,158 shares of the firm’s stock in a transaction dated Tuesday, March 28th. The stock was sold at an average price of $76.65, for a total transaction of $88,760.70. Following the completion of the sale, the executive vice president now directly owns 13,151 shares in the company, valued at approximately $1,008,024.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Donald T. Parker sold 7,650 shares of the firm’s 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 sale, the executive vice president now owns 43,610 shares of the company’s stock, valued at $3,608,727.50. The disclosure for this sale can be found here. Insiders sold a total of 14,985 shares of company stock worth $1,231,453 in the last three months. 61.30% of the stock is currently owned by company insiders.
About BOK Financial
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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