On 5/29/24, Bank OZK (NASDAQ: OZK) stock suffered a major decline of -14.3%, closing at $39.60. Moreover, exceptionally high trading volume at 652% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months but has declined -17.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, OZK is expected to continue to be a Value Builder.
Bank OZK has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Bank OZK has a good Power Rating of 77 and a very high Appreciation Score of 91, with the Highest Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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