Jefferies Financial Group has lowered its earnings per share estimates for Bank of Hawaii Co. for the fourth quarter of 2023. (NYSE:BOH)

Bank of Hawaii Corporation shares are traded on the New York Stock Exchange under the ticker symbol BOH. On Jan. 25, analysts at Jefferies Financial Group lowered their expectations for investors for Bank of Hawaii’s fourth-quarter 2023 earnings per share (EPS). C. Haire, an analyst for Jefferies Financial Group, has reduced its previous guidance for quarterly earnings per share to $1.06 per share, a $0.24 reduction from the original guidance.

Bank of Hawaii earnings guidance for the year has been updated to $5.12 per share.

In addition, Jefferies Financial Group expected Bank of Hawaii to post earnings of $1.11 per share in the first quarter of 2024, $1.13 per share in the second quarter of 2024, and $1.18 per share in the third quarter of 2024 -dollars per share and would generate $1.19 per share in the fourth quarter of 2024.
Several other analysts have recently provided reports on the stocks they have bought and the stocks of other companies.

DA In a research note published on Tuesday, October 25, Davidson lowered their “neutral” rating on Bank of Hawaii stocks from $80.00 to $76.00, and they also lowered their price target on those stocks from 80, $00 to $76.00.

A research report published by on Tuesday, December 6th upgraded the rating on Bank of Hawaii to a sell from a hold. This change has been included in the report. Compass Point lowered its rating on Bank of Hawaii stocks to neutral from “buy” in a research report published on Tuesday.

The brokerage firm has also set a price target of $71.00 for the stock.
NYSE BOH started trading at $74.71 on Friday.

The Bank of Hawaii’s all-time high last year was $89.24, while the Bank of Hawaii’s all-time low last year was $70.15.

The company’s stock has a price-to-earnings multiple of 13.63, a price-to-earnings-to-growth ratio of 1.82 and a beta of 1.01.

The company’s stock market capitalization is $2.99 ​​billion. The gearing ratio is currently 0.36, the current ratio is 0.65 and the quick ratio is also 0.65.

The company’s 200-day moving average is $78.19 and its 50-day moving average is $78.10.

The latest earnings report for Bank of Hawaii (NYSE:BOH) was released on January 23, according to the provided report.

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 Bank of Hawaii reported a return on equity of 19.31% while the company’s net margin was 29.91%.

The company’s revenue for the quarter was $213.49 million, well above the average estimate of $181.09 million that market experts had generated for the company’s quarterly revenue.

Year-to-date results for the same quarter as last year are $1.55 for earnings per share, an increase over last year’s results.

In addition, the company just announced a quarterly dividend, which will be paid on March 14th, according to the schedule that w.