Southwest Bancorp, Inc. (NASDAQ:OKSB) has earned a consensus rating of “Hold” from the eight brokerages that are presently covering the firm, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $29.00.
A number of brokerages have recently weighed in on OKSB. Raymond James Financial, Inc. upgraded shares of Southwest Bancorp from an “underperform” rating to a “market perform” rating in a report on Wednesday, July 5th. Zacks Investment Research upgraded shares of Southwest Bancorp from a “hold” rating to a “buy” rating and set a $29.00 price objective for the company in a report on Tuesday, July 4th. Stephens restated a “hold” rating on shares of Southwest Bancorp in a report on Tuesday, July 25th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $29.00 price objective on shares of Southwest Bancorp in a report on Thursday, August 10th. Finally, UBS AG upgraded shares of Southwest Bancorp from an “underperform” rating to a “market perform” rating in a report on Wednesday, July 5th.
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Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of Southwest Bancorp by 3.4% in the 1st quarter. Vanguard Group Inc. now owns 751,345 shares of the bank’s stock worth $19,647,000 after acquiring an additional 24,852 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in shares of Southwest Bancorp by 5.3% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 81,250 shares of the bank’s stock worth $2,125,000 after acquiring an additional 4,104 shares during the last quarter. American International Group Inc. lifted its holdings in shares of Southwest Bancorp by 7.2% in the 1st quarter. American International Group Inc. now owns 11,133 shares of the bank’s stock worth $291,000 after acquiring an additional 748 shares during the last quarter. Strs Ohio lifted its holdings in shares of Southwest Bancorp by 6.3% in the 2nd quarter. Strs Ohio now owns 15,300 shares of the bank’s stock worth $390,000 after acquiring an additional 900 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of Southwest Bancorp in the 2nd quarter worth approximately $664,000. Hedge funds and other institutional investors own 77.00% of the company’s stock.
Shares of Southwest Bancorp (NASDAQ:OKSB) traded up 1.43% during trading on Tuesday, reaching $24.90. 44,258 shares of the company traded hands. The firm’s 50-day moving average is $25.36 and its 200-day moving average is $25.61. The stock has a market capitalization of $465.26 million, a PE ratio of 22.04 and a beta of 0.95. Southwest Bancorp has a 12-month low of $17.07 and a 12-month high of $29.70.
Southwest Bancorp (NASDAQ:OKSB) last released its quarterly earnings results on Tuesday, July 25th. The bank reported $0.31 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.31. Southwest Bancorp had a net margin of 19.38% and a return on equity of 7.44%. The business had revenue of $25.89 million during the quarter, compared to analysts’ expectations of $24.97 million. During the same quarter in the previous year, the company earned $0.28 EPS. On average, equities analysts predict that Southwest Bancorp will post $1.26 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 18th. Stockholders of record on Friday, August 4th were issued a $0.08 dividend. The ex-dividend date of this dividend was Wednesday, August 2nd. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.29%. Southwest Bancorp’s payout ratio is 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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