Bank of Hawaii Corporation shares are traded on the New York Stock Exchange under the ticker symbol BOH.
In a research note published on Jan. 25, analysts at Jefferies Financial Group reduced their expectations for Bank of Hawaii’s earnings per share for the first quarter of 2023.
A Jefferies Financial Group analyst named C. Haire lowered his forecast for the bank’s performance in the quarter to $0.98 per share from $1.10 per share. He made this adjustment because he believed the bank would perform better than expected.
Haire’s new estimate is $0.98 per share.
Bank of Hawaii full-year earnings forecasts have been updated to reflect $4.97 per share. In addition, Jefferies Financial Group expects Bank of Hawaii to post $1.09 per share in Q2 2023, $1.07 per share in Q3 2023, $4.20 per share in FY2023 and $4.20 in FY2024. will earn $60 per share.
Recent comments on the stock by other research analysts have come in a variety of ways, all of which have been incorporated.
In a research report published on Tuesday, January 24, Compass Point lowered its rating on Bank of Hawaii shares to neutral from a “buy” with a price target of $71.00 for the company.
His information was included in the report. StockNews.com revised its recommendation for Bank of Hawaii stocks in a Tuesday, April 6, update.
My report was about the Bank of Hawaii.
Finally, DA Davidson lowered its target price on Bank of Hawaii shares to $76.00 from $80.00 and gave the stock a neutral rating in a research note published on Tuesday, October 25.
$75.61 was chosen to mark Monday’s start of trading on the NYSE BOH.
It should be noted that the debt to equity ratio, the quick ratio and the current ratio are all equal to 0.36 and their respective values are 0.65.
The price to earnings ratio for this company is 13.80 and the price to earnings growth ratio is 1.85.
Additionally, the company has a beta value of 1.01.
The company currently has a market cap of $3.03 billion.
The 50-day simple moving average of the company’s stock price is $78.12 and the 200-day simple moving average is $78.26.
The Bank of Hawaii yearly low is $70.15 and the Bank of Hawaii yearly high is $89.24.
My highs are at $89.24.
The Bank of Hawaii (NYSE: BOH) released the quarterly earnings report it had been working on on Monday, January 23.
The financial institution reported earnings per share of $1.50 for the quarter, up $0.08 above the consensus estimate of $1.42 provided by industry analysts.
The company’s quarterly revenue was $213.49 million, well above the consensus forecast of $181.09 million for the company’s quarterly revenue.
The Bank of Hawaii reported a return on equity of 19.31% while the company’s net margin was 29.91%. Compared to the same period last year, the company’s revenue per share for the most recent comparable quarter was $1.55.
Recently there has been significant market activity by various institutional investors who have been buying and selling company shares. Hendershot Investments Inc.
Increased Bank of Hawaii stock by 6.0 percentage points over the last three months of 2018.
After additional purchases last quarter totaling 8,569 shares, Hendershot Investments Inc. now owns 151,363 shares of the bank, currently valued at $11,740,000.
In the most recent quarter, the company made these additional purchases. Xponance Inc.
Increased stake in Bank of Hawaii by 11.9% in the last three months of 2018. Xponance Inc. now owns a total of 5,276 shares of the bank’s stock valued at $409,000 after the company made an additional purchase of 559 shares during the period under review. In the last three months of 2018, Boston Trust Walden Corporation increased the proportion of Bank of Hawaii shares in its portfolio by 15.7%.
Boston Trust Walden Corp. now owns 667,285 shares of the bank, valued at $51,755,000, after the company purchased an additional 90,523 shares in the most recent window.
Mhe Congress Asset Management Co., MA spent approximately $3,363,000 in the fourth quarter to purchase more Bank of Hawaii stock, increasing its stake in the financial institution.
Last but not least, Ronald Blue Trust Inc. for the last three months of the year
Bank of Hawaii equity holding increased by 128.9%.
As Ronald Blue Trust Inc. was able to purchase an additional 393 shares of the bank during the above period, the company now holds a total of 698 shares of the company which are currently valued at US$53,000. Currently, 74.29% of the company’s shares are owned by hedge funds and other institutional investors.
On November 10, Bank of Hawaii CEO Peter S. Ho sold 5,500 shares of the company.
This information is relevant to this topic and was made in the news.
The transaction involved the sale of the shares at an average price of $79.30 per share, resulting in a total sale volume of $436,150.00. Upon completion of the transaction, the Company’s CEO now directly owns 233,681 shares of the Company.
Based on the current share price, these shares have an approximate value of $18,530,903.30.
Documentation describing the transaction has been filed with the Securities and Exchange Commission and it is possible to find it on the SEC’s website and it has been reported in the news.
The transaction involved the sale of the shares at an average price of $79.30 per share, resulting in a total sale volume of $436,150.00. Upon completion of the transaction, the Company’s CEO now directly owns 233,681 shares of the Company.
Based on the current share price, these shares have an approximate value of $18,530,903.30.
Documentation describing the transaction has been filed with the Securities and Exchange Commission and can be found at the SEC’s website.
The company’s insiders control 2.06% of the total number of shares outstanding.