Park National Corporation

Park National has earned a Zacks Rank #1 (Strong Buy) after analysts raised earnings estimates for the financial services holding company. Over the past 30 days, one analyst increased the current-quarter estimate, pushing the Zacks Consensus Estimate up 5.59% to $2.36 per share. For the full year, one upward revision lifted the consensus estimate 6.34% to $9.65 per share. The stock has already gained 12.4% over the past four weeks, and the improving earnings outlook may drive further gains.

Park National declared a quarterly dividend of $1.10 per share, in line with its previous payout. The dividend is payable on September 10 to shareholders of record as of August 21, with the ex-dividend date also set for August 21. The forward yield is 2.32%.