Media headlines about BOK Financial (NASDAQ:BOKF) have trended positive recently, Alpha One Sentiment Analysis reports. The research group, a unit of Accern, rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Alpha One 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 impact score of 0.50 on Alpha One’s scale. Alpha One also gave news headlines about the bank an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an impact on the company’s share price in the near term.
These are some of the headlines that may have effected AlphaOne Sentiment’s scoring:
Several research firms recently commented on BOKF. Wedbush upped their target price on shares of BOK Financial from $79.00 to $83.00 and gave the company a “neutral” rating in a research note on Thursday, April 27th. Royal Bank of Canada upped their target price on shares of BOK Financial from $86.00 to $90.00 and gave the company a “sector perform” rating in a research note on Thursday, April 27th. Zacks Investment Research raised shares of BOK Financial from a “hold” rating to a “strong-buy” rating and set a $97.00 target price on the stock in a report on Tuesday, May 2nd. Stephens reaffirmed a “buy” rating and issued a $95.00 target price on shares of BOK Financial in a report on Tuesday. Finally, Morgan Stanley restated an “equal weight” rating and set a $81.00 target price (up from $80.00) on shares of BOK Financial in a research report on Saturday, June 3rd. Nine 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 company’s stock. The company has an average rating of “Hold” and a consensus price target of $86.50.
BOK Financial (BOKF) traded up 2.78% on Friday, reaching $85.16. The company had a trading volume of 210,847 shares. BOK Financial has a 12-month low of $56.08 and a 12-month high of $88.78. The stock’s 50-day moving average price is $82.53 and its 200-day moving average price is $81.52. The stock has a market capitalization of $5.57 billion, a P/E ratio of 20.10 and a beta of 0.90.
BOK Financial (NASDAQ:BOKF) last released its earnings results on Wednesday, April 26th. The bank reported $1.35 EPS for the quarter, beating the Zacks’ consensus estimate of $1.04 by $0.31. The company had revenue of $365.53 million during the quarter, compared to analysts’ expectations of $358.93 million. BOK Financial had a return on equity of 6.85% and a net margin of 15.20%. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.64 EPS. On average, equities research analysts anticipate that BOK Financial will post $5.26 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, May 26th. Shareholders of record on Friday, May 12th were paid a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date of this dividend was Wednesday, May 10th. BOK Financial’s payout ratio is 49.86%.
In other BOK Financial news, EVP Donald T. Parker sold 5,312 shares of BOK Financial stock in a transaction on Monday, May 15th. The stock was sold at an average price of $82.01, for a total transaction of $435,637.12. Following the completion of the transaction, the executive vice president now owns 43,510 shares in the company, valued at $3,568,255.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Scott Grauer sold 865 shares of the business’s stock in a transaction 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 completion of the transaction, the executive vice president now owns 25,685 shares of the company’s stock, valued at approximately $2,197,865.45. The disclosure for this sale can be found here. Insiders have sold 14,985 shares of company stock valued at $1,231,453 in the last quarter. 61.30% of the stock is owned by company insiders.
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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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