Ameris Bancorp (ABCB) At $50.40 Forms Top; Bank of the Ozarks (OZRK) Covered By 9 Bullish Analysts Last Week

Among 12 analysts covering Bank of the Ozarks (NASDAQ:OZRK), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Bank of the Ozarks had 31 analyst reports since August 25, 2015 according to SRatingsIntel. Morgan Stanley maintained Bank of the Ozarks (NASDAQ:OZRK) on Thursday, December 14 with “Overweight” rating. The stock has “Hold” rating by SunTrust on Wednesday, January 3. On Monday, September 11 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. Keefe Bruyette & Woods maintained it with “Outperform” rating and $46 target in Friday, June 24 report. As per Thursday, October 12, the company rating was maintained by Keefe Bruyette & Woods. The company was maintained on Thursday, December 21 by Keefe Bruyette & Woods. As per Wednesday, July 5, the company rating was maintained by Keefe Bruyette & Woods. The rating was maintained by Brean Capital on Monday, October 30 with “Buy”. The firm earned “Outperform” rating on Monday, May 16 by Wood. The stock has “Buy” rating by Brean Capital on Friday, December 1. See Bank of the Ozarks (NASDAQ:OZRK) latest ratings:

03/01/2018 Broker: SunTrust Rating: Hold New Target: $53.0 Maintain
02/01/2018 Broker: Brean Capital Rating: Buy Maintain
03/01/2018 Broker: Barclays Capital Rating: Overweight New Target: $60 Initiates Coverage On
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $56.0 Maintain
14/12/2017 Broker: Morgan Stanley Rating: Overweight Old Target: $54 New Target: $54 Maintain
01/12/2017 Broker: Brean Capital Rating: Buy Maintain
30/10/2017 Broker: Brean Capital Rating: Buy Maintain
23/10/2017 Broker: Brean Capital Rating: Buy Maintain
12/10/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $55.0 Maintain
12/10/2017 Broker: Raymond James Rating: Outperform Old Target: $59 New Target: $57 Maintain

Ameris Bancorp (ABCB) formed multiple top with $51.91 target or 3.00% above today’s $50.40 share price. Ameris Bancorp (ABCB) has $1.88 billion valuation. The stock increased 2.34% or $1.15 during the last trading session, reaching $50.4. About 422,659 shares traded or 98.32% up from the average. Ameris Bancorp (NASDAQ:ABCB) has risen 43.77% since January 7, 2017 and is uptrending. It has outperformed by 27.07% the S&P500.

Among 10 analysts covering Ameris Bancorp (NASDAQ:ABCB), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Ameris Bancorp had 23 analyst reports since August 14, 2015 according to SRatingsIntel. Piper Jaffray maintained Ameris Bancorp (NASDAQ:ABCB) on Wednesday, December 23 with “Overweight” rating. Keefe Bruyette & Woods upgraded it to “Buy” rating and $57.0 target in Monday, November 20 report. The rating was downgraded by Piper Jaffray to “Neutral” on Tuesday, April 26. The firm has “Hold” rating given on Tuesday, September 27 by Sandler O’Neill. The firm has “Market Perform” rating by Keefe Bruyette & Woods given on Thursday, October 29. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Monday, June 26. The company was maintained on Thursday, October 19 by Keefe Bruyette & Woods. The firm earned “Buy” rating on Friday, November 17 by SunTrust. The company was maintained on Monday, November 2 by Cowen & Co. The firm earned “Hold” rating on Friday, July 21 by Piper Jaffray.

Since September 12, 2017, it had 0 insider purchases, and 2 selling transactions for $1.13 million activity. $701,006 worth of Ameris Bancorp (NASDAQ:ABCB) shares were sold by LaHaise James A. On Tuesday, September 12 Veal Jimmy D sold $429,881 worth of Ameris Bancorp (NASDAQ:ABCB) or 10,000 shares.

Investors sentiment decreased to 1.13 in 2017 Q3. Its down 0.33, from 1.46 in 2017Q2. It dropped, as 8 investors sold Ameris Bancorp shares while 53 reduced holdings. 16 funds opened positions while 53 raised stakes. 29.71 million shares or 0.36% less from 29.82 million shares in 2017Q2 were reported. 3,112 were reported by Solaris Asset Ltd Liability. Ameritas Invest stated it has 3,188 shares. Thrivent For Lutherans holds 0.04% or 215,511 shares in its portfolio. Sg Americas Securities stated it has 0% of its portfolio in Ameris Bancorp (NASDAQ:ABCB). Alps Advsr holds 0% or 10,878 shares. 1492 Cap Ltd reported 0.22% of its portfolio in Ameris Bancorp (NASDAQ:ABCB). Ls Inv Advsrs Ltd owns 3,645 shares. State Of Wisconsin Board reported 295,200 shares. Janney Montgomery Scott Limited Liability Corp has 36,378 shares. 178,983 were reported by Schwab Charles Mngmt Inc. Tci Wealth has 22 shares. Nationwide Fund Advisors holds 27,549 shares. Parametric Port Associate Llc holds 0% or 60,538 shares in its portfolio. Tokio Marine Asset Mgmt holds 0.09% in Ameris Bancorp (NASDAQ:ABCB) or 12,200 shares. Strs Ohio stated it has 618 shares or 0% of all its holdings.

Analysts await Ameris Bancorp (NASDAQ:ABCB) to report earnings on January, 19. They expect $0.63 earnings per share, up 1.61% or $0.01 from last year’s $0.62 per share. ABCB’s profit will be $23.45M for 20.00 P/E if the $0.63 EPS becomes a reality. After $0.63 actual earnings per share reported by Ameris Bancorp for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Bank of the Ozarks provides various retail and commercial banking services and products. The company has market cap of $6.50 billion. The firm accepts non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, and individual retirement accounts; and time deposits. It has a 17.14 P/E ratio. The Company’s loan products include real estate loans, such as loans secured by residential 1-4 family, non-farm/non-residential, agricultural, construction/land development, multifamily residential properties, and other land loans; consumer loans; small business loans; indirect consumer marine and RV loans; and government guaranteed loans comprising SBA and FSA guaranteed loans.