Bank of Hawaii Corp. (NYSE:BOH) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research report issued on Friday, StockRatingsNetwork reports. The firm currently has a $55.70 target price on the stock. Zacks‘ price target indicates a potential upside of 1.44% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays Capital raised their price target on shares of Bank of Hawaii Corp. from $50.00 to $54.00 in a research note to investors on Tuesday, July 9th. They now have an “equal weight” rating on the stock. Separately, analysts at Sandler O’Neill downgraded shares of Bank of Hawaii Corp. from a “buy” rating to a “hold” rating in a research note to investors on Monday, May 20th. They now have a $53.00 price target on the stock, up previously from $52.00. Finally, analysts at RBC Capital cut their price target on shares of Bank of Hawaii Corp. from $53.00 to $50.00 in a research note to investors on Wednesday, April 24th. They now have a “sector perform” rating on the stock.
One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. Bank of Hawaii Corp. has a consensus rating of “Hold” and a consensus price target of $50.12.
Bank of Hawaii Corp. (NYSE: BOH) traded up 0.58% on Friday, hitting $55.23. Bank of Hawaii Corp. has a 52-week low of $41.41 and a 52-week high of $55.10. The stock’s 50-day moving average is currently $51.15. The company has a market cap of $2.477 billion and a price-to-earnings ratio of 15.56.
Bank of Hawaii Corp. (NYSE:BOH) last issued its quarterly earnings data on Monday, July 22nd. The company reported $0.85 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.83 by $0.02. The company had revenue of $135.40 million for the quarter, compared to the consensus estimate of $137.41 million. During the same quarter last year, the company posted $0.90 earnings per share. Bank of Hawaii Corp.’s revenue was down 4.8% compared to the same quarter last year. Analysts expect that Bank of Hawaii Corp. will post $3.34 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, September 16th. Investors of record on Friday, August 30th will be paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 3.28%.
Bank of Hawaii Corporation is a bank holding company. The Company’s operating subsidiary is Bank of Hawaii (NYSE: BOH).
To view Zacks’ full report, visit www.zacks.com