News stories about BOK Financial Corporation (NASDAQ:BOKF) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. BOK Financial Corporation earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 58 out of 100, meaning that recent media coverage is somewhat likely to have an effect on the company’s share price in the next few days.
A number of equities analysts have weighed in on the company. Zacks Investment Research upgraded BOK Financial Corporation from a “hold” rating to a “buy” rating and set a $96.00 price objective on the stock in a research report on Thursday, August 3rd. BidaskClub cut BOK Financial Corporation from a “hold” rating to a “sell” rating in a report on Monday, July 31st. Stephens set a $95.00 price objective on BOK Financial Corporation and gave the stock a “buy” rating in a report on Wednesday, July 26th. ValuEngine cut BOK Financial Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Finally, Piper Jaffray Companies restated a “hold” rating and issued a $89.00 target price on shares of BOK Financial Corporation in a research note on Friday, July 14th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $86.67.
BOK Financial Corporation (NASDAQ:BOKF) traded down 1.34% during trading on Wednesday, hitting $82.96. The stock had a trading volume of 85,721 shares. The firm has a market cap of $5.43 billion, a PE ratio of 18.11 and a beta of 0.99. BOK Financial Corporation has a 52-week low of $65.36 and a 52-week high of $88.80. The company’s 50 day moving average is $84.59 and its 200 day moving average is $82.10.
BOK Financial Corporation (NASDAQ:BOKF) last issued its quarterly earnings results on Wednesday, July 26th. The bank reported $1.35 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.30 by $0.05. The company had revenue of $387.46 million during the quarter, compared to analysts’ expectations of $384.52 million. BOK Financial Corporation had a net margin of 18.96% and a return on equity of 8.87%. During the same quarter last year, the company posted $1.00 EPS. Equities research analysts forecast that BOK Financial Corporation will post $5.39 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 25th. Stockholders of record on Friday, August 11th will be given a dividend of $0.44 per share. The ex-dividend date of this dividend is Wednesday, August 9th. This represents a $1.76 annualized dividend and a dividend yield of 2.12%. BOK Financial Corporation’s dividend payout ratio (DPR) is currently 38.34%.
In other BOK Financial Corporation news, EVP Donald T. Parker sold 7,650 shares of BOK Financial Corporation stock in a transaction 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 transaction, the executive vice president now directly owns 43,610 shares in the company, valued at $3,608,727.50. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Donald T. Parker sold 5,312 shares of BOK Financial Corporation stock in a transaction on Monday, May 15th. The shares were 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 disclosure for this sale can be found here. Over the last ninety days, insiders have sold 17,712 shares of company stock valued at $1,465,535. Corporate insiders own 62.00% of the company’s stock.
About BOK Financial Corporation
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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