News articles about BOK Financial (NASDAQ:BOKF) have trended positive this week, Alpha One reports. The research group, a division of Accern, scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. BOK Financial earned a media sentiment score of 0.50 on Alpha One’s scale. Alpha One also gave headlines about the bank an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news headlines that may have effected Alpha One’s analysis:
BOK Financial (NASDAQ:BOKF) opened at 81.66 on Wednesday. BOK Financial has a 1-year low of $56.08 and a 1-year high of $88.78. The company has a market cap of $5.34 billion, a price-to-earnings ratio of 19.28 and a beta of 0.90. The company’s 50 day moving average is $81.46 and its 200 day moving average is $81.47.
BOK Financial (NASDAQ:BOKF) last issued its quarterly earnings data on Wednesday, April 26th. The bank reported $1.35 earnings per share for the quarter, beating the Zacks’ 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 business had revenue of $365.53 million for the quarter, compared to the consensus estimate of $358.93 million. During the same period last year, the business earned $0.64 EPS. The firm’s revenue was up 17.6% compared to the same quarter last year. Equities research analysts forecast that BOK Financial will post $5.24 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, May 26th. Investors of record on Friday, May 12th were paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.16%. The ex-dividend date of this dividend was Wednesday, May 10th. BOK Financial’s payout ratio is 49.86%.
A number of equities analysts recently commented on BOKF shares. TheStreet cut shares of BOK Financial from a “b” rating to a “c+” rating in a research note on Wednesday, February 8th. Zacks Investment Research raised shares of BOK Financial from a “hold” rating to a “buy” rating and set a $86.00 price target for the company in a research note on Wednesday, March 29th. Royal Bank of Canada reiterated a “hold” rating on shares of BOK Financial in a report on Thursday, April 27th. Wedbush lifted their price objective on shares of BOK Financial from $79.00 to $83.00 and gave the company a “neutral” rating in a report on Thursday, April 27th. Finally, Keefe, Bruyette & Woods set a $90.00 price objective on shares of BOK Financial and gave the company a “hold” rating in a report on Tuesday, April 4th. Eight equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $86.00.
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In other BOK Financial news, EVP Scott Grauer sold 865 shares of the firm’s stock in a transaction that occurred on 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 owns 25,685 shares of the company’s stock, valued at approximately $2,197,865.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Donald T. Parker sold 7,650 shares of the firm’s stock in a transaction that occurred on Thursday, May 11th. The shares were sold at an average price of $82.75, for a total value of $633,037.50. Following the completion of the sale, the executive vice president now directly owns 43,610 shares in the company, valued at approximately $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 over the last three months. 61.30% of the stock is 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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