BOK Financial (NASDAQ:BOKF - Get Free Report)'s stock had its "neutral" rating reaffirmed by Wedbush in a report issued on Tuesday, Benzinga reports. They presently have a $115.00 target price on the bank's stock. Wedbush's price objective would indicate a potential upside of 8.35% from the company's previous close.
BOKF has been the topic of a number of other reports. DA Davidson upgraded shares of BOK Financial from a "neutral" rating to a "buy" rating and boosted their target price for the company from $113.00 to $124.00 in a research note on Tuesday, October 15th. Stephens reiterated an "equal weight" rating and issued a $104.00 target price on shares of BOK Financial in a research note on Tuesday, July 23rd. Truist Financial upgraded shares of BOK Financial from a "hold" rating to a "buy" rating and boosted their target price for the company from $112.00 to $123.00 in a research note on Friday, September 20th. Royal Bank of Canada boosted their target price on shares of BOK Financial from $99.00 to $114.00 and gave the company a "sector perform" rating in a research note on Wednesday, July 24th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of BOK Financial from $100.00 to $110.00 and gave the company a "market perform" rating in a research note on Thursday, July 25th. Seven analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, BOK Financial currently has a consensus rating of "Hold" and an average target price of $111.10.
Read Our Latest Stock Report on BOKF
BOK Financial stock traded down $4.03 during midday trading on Tuesday, hitting $106.14. 77,808 shares of the stock were exchanged, compared to its average volume of 150,153. BOK Financial has a 52-week low of $62.42 and a 52-week high of $114.93. The stock has a market capitalization of $6.85 billion, a price-to-earnings ratio of 15.47 and a beta of 1.17. The business's 50-day moving average price is $103.77 and its 200-day moving average price is $96.71. The company has a quick ratio of 0.81, a current ratio of 0.82 and a debt-to-equity ratio of 1.27.
BOK Financial (NASDAQ:BOKF - Get Free Report) last released its quarterly earnings results on Monday, October 21st. The bank reported $2.18 earnings per share for the quarter, topping the consensus estimate of $1.98 by $0.20. The business had revenue of $888.50 million for the quarter, compared to analysts' expectations of $509.43 million. BOK Financial had a net margin of 13.92% and a return on equity of 9.94%. During the same period in the previous year, the company earned $2.04 earnings per share. On average, research analysts expect that BOK Financial will post 7.85 EPS for the current fiscal year.
A number of hedge funds and other institutional investors have recently bought and sold shares of BOKF. Principal Financial Group Inc. bought a new stake in BOK Financial during the 1st quarter worth approximately $218,000. Capstone Investment Advisors LLC bought a new stake in BOK Financial during the 1st quarter worth approximately $490,000. FORA Capital LLC bought a new stake in BOK Financial during the 1st quarter worth approximately $289,000. Avalon Advisory Group bought a new stake in BOK Financial during the 1st quarter worth approximately $1,199,000. Finally, Sei Investments Co. bought a new stake in BOK Financial during the 1st quarter worth approximately $468,000. Institutional investors own 34.44% of the company's stock.
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.
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