Bank7 Corp (NASDAQ:BSVN) has been given a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.
Analysts have set a one year consensus price target of $24.00 for the company, according to Zacks. Zacks has also assigned Bank7 an industry rank of 145 out of 256 based on the ratings given to its competitors.
Several research analysts recently weighed in on the company. Stephens reissued a “buy” rating and set a $24.00 price target on shares of Bank7 in a research report on Friday, September 6th. Zacks Investment Research lowered Bank7 from a “buy” rating to a “hold” rating in a research report on Monday, August 5th.
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Deutsche Bank AG acquired a new position in Bank7 in the 4th quarter valued at approximately $59,000. Geode Capital Management LLC acquired a new position in shares of Bank7 in the fourth quarter worth $158,000. Acadian Asset Management LLC increased its stake in shares of Bank7 by 83.7% in the second quarter. Acadian Asset Management LLC now owns 10,885 shares of the company’s stock worth $202,000 after acquiring an additional 4,960 shares during the last quarter. Northern Trust Corp increased its stake in shares of Bank7 by 3.0% in the second quarter. Northern Trust Corp now owns 36,666 shares of the company’s stock worth $678,000 after acquiring an additional 1,075 shares during the last quarter. Finally, ELCO Management Co. LLC raised its holdings in shares of Bank7 by 131.7% during the first quarter. ELCO Management Co. LLC now owns 68,915 shares of the company’s stock worth $1,197,000 after acquiring an additional 39,176 shares in the last quarter. 33.35% of the stock is currently owned by hedge funds and other institutional investors.
NASDAQ BSVN traded up $0.32 on Friday, hitting $18.24. 4,300 shares of the stock were exchanged, compared to its average volume of 9,689. The company’s 50-day moving average price is $17.55 and its two-hundred day moving average price is $17.21. Bank7 has a 52-week low of $10.85 and a 52-week high of $20.74. The company has a market capitalization of $183.83 million and a price-to-earnings ratio of 7.48.
Bank7 (NASDAQ:BSVN) last released its earnings results on Friday, July 26th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.03. Bank7 had a return on equity of 25.13% and a net margin of 44.09%. The company had revenue of $10.88 million during the quarter. Equities analysts forecast that Bank7 will post 1.94 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 16th. Investors of record on Tuesday, October 1st will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.19%. The ex-dividend date of this dividend is Monday, September 30th.
Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers in Oklahoma, Kansas, and Texas. It accepts demand, savings, checking, money market, and negotiable order of withdrawal accounts, as well as certificates of deposit.
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