Equities research analysts expect that Southwest Bancorp, Inc. (NASDAQ:OKSB) will announce earnings per share of $0.31 for the current fiscal quarter, Zacks reports. Three analysts have made estimates for Southwest Bancorp’s earnings, with the highest EPS estimate coming in at $0.32 and the lowest estimate coming in at $0.30. Southwest Bancorp reported earnings per share of $0.23 during the same quarter last year, which indicates a positive year-over-year growth rate of 34.8%. The firm is expected to report its next earnings report on Tuesday, October 17th.
On average, analysts expect that Southwest Bancorp will report full year earnings of $1.22 per share for the current fiscal year, with EPS estimates ranging from $1.19 to $1.26. For the next financial year, analysts forecast that the firm will post earnings of $1.30 per share, with EPS estimates ranging from $1.29 to $1.31. Zacks’ EPS averages are an average based on a survey of analysts that cover Southwest Bancorp.
Southwest Bancorp (NASDAQ:OKSB) last issued its quarterly earnings data on Tuesday, July 25th. The bank reported $0.31 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.31. Southwest Bancorp had a net margin of 19.38% and a return on equity of 7.50%. The business had revenue of $25.89 million during the quarter, compared to analyst estimates of $24.97 million. During the same period in the prior year, the business earned $0.28 EPS.
A number of analysts have recently issued reports on OKSB shares. Zacks Investment Research raised shares of Southwest Bancorp from a “hold” rating to a “buy” rating and set a $29.00 target price for the company in a research note on Tuesday, July 4th. Sandler O’Neill upgraded Southwest Bancorp from a “hold” rating to a “buy” rating in a report on Wednesday, April 26th. Stephens restated a “hold” rating on shares of Southwest Bancorp in a report on Tuesday, July 25th. Raymond James Financial, Inc. upgraded Southwest Bancorp from an “underperform” rating to a “market perform” rating in a report on Wednesday, July 5th. Finally, UBS AG upgraded Southwest Bancorp from an “underperform” rating to a “market perform” rating in a report on Wednesday, July 5th. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $25.00.
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A number of institutional investors have recently made changes to their positions in the company. Schwab Charles Investment Management Inc. increased its position in shares of Southwest Bancorp by 0.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 81,706 shares of the bank’s stock worth $2,088,000 after buying an additional 456 shares in the last quarter. Strs Ohio increased its position in shares of Southwest Bancorp by 6.3% in the second quarter. Strs Ohio now owns 15,300 shares of the bank’s stock worth $390,000 after buying an additional 900 shares in the last quarter. Mizuho Securities USA LLC increased its position in shares of Southwest Bancorp by 33.8% in the second quarter. Mizuho Securities USA LLC now owns 152,166 shares of the bank’s stock worth $3,888,000 after buying an additional 38,477 shares in the last quarter. Aperio Group LLC increased its position in shares of Southwest Bancorp by 10.3% in the second quarter. Aperio Group LLC now owns 11,977 shares of the bank’s stock worth $306,000 after buying an additional 1,120 shares in the last quarter. Finally, Chicago Capital Management LLC increased its position in shares of Southwest Bancorp by 0.4% in the second quarter. Chicago Capital Management LLC now owns 792,282 shares of the bank’s stock worth $20,243,000 after buying an additional 3,128 shares in the last quarter. Institutional investors and hedge funds own 77.90% of the company’s stock.
Southwest Bancorp (OKSB) opened at 26.10 on Friday. The company has a market capitalization of $487.70 million, a price-to-earnings ratio of 23.04 and a beta of 0.98. Southwest Bancorp has a one year low of $17.07 and a one year high of $29.70. The firm has a 50-day moving average of $25.49 and a 200 day moving average of $26.09.
The company also recently announced a quarterly dividend, which will be paid on Friday, August 18th. Shareholders of record on Friday, August 4th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Wednesday, August 2nd. This represents a $0.32 dividend on an annualized basis and a yield of 1.23%. Southwest Bancorp’s dividend payout ratio is presently 27.83%.
Southwest Bancorp Company Profile
Southwest Bancorp, Inc is a financial holding company. The Company operates in four segments: Oklahoma Banking, Texas Banking, Kansas Banking and Other Operations. The Oklahoma Banking segment provides deposit and lending services and consists of residential mortgage lending services to customers. The Texas Banking segment and the Kansas Banking segment provide deposit and lending services.
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