Bank of Hawaii Co. (NYSE:BOH – Free Report) – Research analysts at DA Davidson lifted their FY2025 earnings per share estimates for shares of Bank of Hawaii in a report issued on Thursday, December 19th. DA Davidson analyst J. Rulis now forecasts that the bank will earn $3.79 per share for the year, up from their previous estimate of $3.70. DA Davidson currently has a “Neutral” rating and a $74.00 target price on the stock. The consensus estimate for Bank of Hawaii’s current full-year earnings is $3.52 per share.
Several other brokerages also recently issued reports on BOH. Keefe, Bruyette & Woods upped their price objective on shares of Bank of Hawaii from $74.00 to $81.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. Piper Sandler raised their price target on shares of Bank of Hawaii from $61.00 to $66.00 and gave the company an “underweight” rating in a research note on Tuesday, October 29th. Barclays upped their price target on shares of Bank of Hawaii from $56.00 to $66.00 and gave the stock an “underweight” rating in a research note on Thursday, December 5th. Finally, Stephens began coverage on shares of Bank of Hawaii in a research note on Wednesday, November 27th. They set an “overweight” rating and a $90.00 target price for the company. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $71.83.
Bank of Hawaii Trading Down 2.1 %
NYSE:BOH opened at $68.21 on Friday. Bank of Hawaii has a 12-month low of $54.50 and a 12-month high of $82.70. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.42. The stock’s 50 day simple moving average is $74.03 and its 200-day simple moving average is $66.52. The firm has a market cap of $2.71 billion, a P/E ratio of 20.48, a PEG ratio of 4.86 and a beta of 1.03.
Bank of Hawaii (NYSE:BOH – Get Free Report) last released its quarterly earnings results on Monday, October 28th. The bank reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.82 by $0.11. Bank of Hawaii had a return on equity of 11.33% and a net margin of 13.76%. The business had revenue of $265.76 million during the quarter, compared to analysts’ expectations of $160.29 million. During the same period in the prior year, the business posted $1.17 EPS.
Institutional Trading of Bank of Hawaii
Several large investors have recently modified their holdings of BOH. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Bank of Hawaii during the second quarter valued at $106,000. Point72 DIFC Ltd bought a new position in shares of Bank of Hawaii during the second quarter worth approximately $119,000. UMB Bank n.a. boosted its stake in Bank of Hawaii by 5,508.3% in the 3rd quarter. UMB Bank n.a. now owns 2,692 shares of the bank’s stock valued at $169,000 after purchasing an additional 2,644 shares during the period. Rothschild Investment LLC acquired a new stake in shares of Bank of Hawaii during the 2nd quarter worth $172,000. Finally, Bridges Investment Management Inc. acquired a new stake in shares of Bank of Hawaii during the second quarter valued at about $205,000. 82.18% of the stock is owned by institutional investors.
Insider Buying and Selling at Bank of Hawaii
In related news, insider Matthew Emerson sold 1,355 shares of the business’s stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $72.27, for a total value of $97,925.85. Following the completion of the sale, the insider now directly owns 13,717 shares in the company, valued at approximately $991,327.59. The trade was a 8.99 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 2.47% of the company’s stock.
Bank of Hawaii Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were issued a $0.70 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $2.80 dividend on an annualized basis and a yield of 4.10%. Bank of Hawaii’s dividend payout ratio is currently 84.08%.
Bank of Hawaii Company Profile
Bank of Hawaii Corporation operates as the bank holding company for Bank of Hawaii that provides various financial products and services in Hawaii, Guam, and other Pacific Islands. It operates in three segments: Consumer Banking, Commercial Banking, and Treasury and Other. The Consumer Banking segment offers checking, savings, and time deposit accounts; residential mortgage loans, home equity lines of credit, automobile loans and leases, overdraft lines of credit, installment loans, small business loans and leases, and credit cards; private and international client banking, investment, credit, and trust services to individuals and families, as well as high-net-worth individuals; investment management; institutional investment advisory services to corporations, government entities, and foundations; and brokerage offerings, including equities, mutual funds, life insurance, and annuity products.
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