Bank of Hawaii Co. (NYSE:BOH – Free Report) – Research analysts at DA Davidson increased their FY2025 earnings per share (EPS) estimates for shares of Bank of Hawaii in a research report issued to clients and investors on Thursday, December 19th. DA Davidson analyst J. Rulis now forecasts that the bank will post earnings of $3.79 per share for the year, up from their prior estimate of $3.70. DA Davidson currently has a “Neutral” rating and a $74.00 price target on the stock. The consensus estimate for Bank of Hawaii’s current full-year earnings is $3.52 per share.
Several other equities analysts also recently commented on the stock. Stephens started coverage on shares of Bank of Hawaii in a research note on Wednesday, November 27th. They issued an “overweight” rating and a $90.00 price target on the stock. Barclays boosted their price target on Bank of Hawaii from $56.00 to $66.00 and gave the company an “underweight” rating in a research note on Thursday, December 5th. Keefe, Bruyette & Woods raised their price objective on Bank of Hawaii from $74.00 to $81.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th. Finally, Piper Sandler upped their target price on Bank of Hawaii from $61.00 to $66.00 and gave the company an “underweight” rating in a research report on Tuesday, October 29th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $71.83.
Bank of Hawaii Stock Performance
NYSE:BOH opened at $69.45 on Friday. 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 has a 50 day simple moving average of $74.03 and a 200 day simple moving average of $66.52. Bank of Hawaii has a 1-year low of $54.50 and a 1-year high of $82.70. The stock has a market cap of $2.76 billion, a P/E ratio of 20.86, a PEG ratio of 4.86 and a beta of 1.03.
Bank of Hawaii (NYSE:BOH – Get Free Report) last announced its quarterly earnings results on Monday, October 28th. The bank reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.82 by $0.11. Bank of Hawaii had a net margin of 13.76% and a return on equity of 11.33%. The business had revenue of $265.76 million for the quarter, compared to analyst estimates of $160.29 million. During the same quarter in the prior year, the business earned $1.17 EPS.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in BOH. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Bank of Hawaii during the 2nd quarter valued at approximately $106,000. Point72 DIFC Ltd bought a new stake in Bank of Hawaii during the second quarter valued at $119,000. UMB Bank n.a. grew its holdings in Bank of Hawaii by 5,508.3% during the 3rd quarter. UMB Bank n.a. now owns 2,692 shares of the bank’s stock worth $169,000 after acquiring an additional 2,644 shares during the period. Rothschild Investment LLC bought a new position in shares of Bank of Hawaii in the 2nd quarter worth about $172,000. Finally, Bridges Investment Management Inc. acquired a new position in shares of Bank of Hawaii in the 2nd quarter valued at about $205,000. Institutional investors and hedge funds own 82.18% of the company’s stock.
Insider Activity
In other Bank of Hawaii news, insider Matthew Emerson sold 1,355 shares of the company’s stock in a transaction dated 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 transaction, the insider now owns 13,717 shares of the company’s stock, valued at $991,327.59. This represents a 8.99 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.47% of the stock is owned by corporate insiders.
Bank of Hawaii Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were issued a dividend of $0.70 per share. The ex-dividend date was Friday, November 29th. This represents a $2.80 annualized dividend and a dividend yield of 4.03%. Bank of Hawaii’s dividend payout ratio (DPR) is presently 84.08%.
About Bank of Hawaii
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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