How to buy Bank of Queensland shares | A$6.35
Own Bank of Queensland shares in just a few minutes.
Bank of Queensland Limited is a banks—regional business based in Australia. Bank of Queensland shares (BOQ) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $6.35 – an increase of 8.73% over the previous week. Bank of Queensland has a trailing 12-month revenue of around $1 billion.
How to buy shares in Bank of Queensland
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Bank of Queensland. Find the share by name or ticker symbol: BOQ. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Bank of Queensland reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $6.35, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Bank of Queensland. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Bank of Queensland key stats
- Compare share trading platforms
- Is Bank of Queensland stock a buy or sell?
- Bank of Queensland performance over time
- Are Bank of Queensland shares over-valued?
- Bank of Queensland's financials
- How volatile are Bank of Queensland shares?
- Does Bank of Queensland pay a dividend?
- Have Bank of Queensland shares ever split?
- Other common questions
Bank of Queensland share priceUse our graph to track the performance of BOQ stocks over time.
Bank of Queensland shares at a glance
|Latest market close||AUDA$6.35|
|52-week range||AUDA$4.51 - AUDA$9.96|
|50-day moving average||AUDA$6.055|
|200-day moving average||AUDA$5.6749|
|Dividend yield||AUDA$0.65 (13.05%)|
|Earnings per share (TTM)||AUDA$0.542|
Standard brokerage - Australian shares
Share Trading Account Offer
Competitive broker fees on Australian and international shares
- Brokerage - AU shares: From AUD 5 or 0.05%
- Brokerage - US shares: USD 0
- Sign-up process: Instant
- Support - After hours: Yes
Important: Share trading carries risk of capital loss.
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Is it a good time to buy Bank of Queensland stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Bank of Queensland price performance over time
|1 week (2020-09-22)||8.73%|
|1 month (2020-08-28)||3.93%|
|3 months (2020-06-29)||2.92%|
|6 months (2020-03-27)||32.85%|
|1 year (2019-09-27)||-35.99%|
|2 years (2018-09-28)||-42.38%|
|3 years (2017-09-29)||-51.08%|
|5 years (2015-09-29)||-44.25%|
Is Bank of Queensland under- or over-valued?
Valuing Bank of Queensland stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Bank of Queensland's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Bank of Queensland's P/E ratio
Bank of Queensland's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Bank of Queensland shares trade at around 11x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Bank of Queensland's PEG ratio
Bank of Queensland's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 10.09. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Bank of Queensland's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Bank of Queensland financials
|Revenue TTM||$1 billion|
|Operating margin TTM||39.79%|
|Gross profit TTM||$1 billion|
|Return on assets TTM||0.43%|
|Return on equity TTM||5.81%|
|Market capitalisation||$2.8 billion|
TTM: trailing 12 months
Bank of Queensland share dividends
Dividend payout ratio: 121.95% of net profits
Recently Bank of Queensland has paid out, on average, around 121.95% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 13.05% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Bank of Queensland shareholders could enjoy a 13.05% return on their shares, in the form of dividend payments. In Bank of Queensland's case, that would currently equate to about A$0.65 per share.
Bank of Queensland's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 5 November 2019 (the "ex-dividend date").
Have Bank of Queensland's shares ever split?
Bank of Queensland's shares were split on 20 August 2009.
Bank of Queensland share price volatility
Over the last 12 months, Bank of Queensland's shares have ranged in value from as little as $4.51 up to $9.96. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Bank of Queensland's is 1.0163. This would suggest that Bank of Queensland's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Bank of Queensland overview
Bank of Queensland Limited, together with its subsidiaries, provides various financial products and services in Australia. The company operates in Retail Banking, BOQ Business, and Other segments. It offers personal banking services comprises savings and term deposits, and transactional accounts; debit and credit cards; home, personal, and car loans; and travel, home, content, and car insurance; as well as investment services comprising online share trading services; and self-managed superannuation funds. The company's business banking services include transaction accounts, and savings and investment accounts; loans and finance products; merchant and payment products; and financial market and international services. It also offers Internet and mobile banking services. As of August 31, 2019, it had 65 corporate branches and 95 owner managed branches; and 572 company branded ATMs and 1,033 other ATMs, as well as 7 transaction centers. Bank of Queensland Limited was founded in 1874 and is based in Newstead, Australia.
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