Hancock Whitney FY2026 EPS Estimate Reduced by DA Davidson

Key Points

• DA Davidson has revised its FY2026 earnings per share estimate for Hancock Whitney Corporation down to $6.07, from a previous estimate of $6.09, while maintaining a "Buy" rating and a price target of $67.00.
• Hancock Whitney's current consensus estimate for full-year earnings is $5.53 per share, with several analysts recently issuing mixed ratings including a downgrade to "sell" from Wall Street Zen.
• The company recently declared a quarterly dividend of $0.45 per share, which reflects an annualized yield of 2.9% based on a dividend payout ratio of 33.15%.

Hancock Whitney Corporation (NASDAQ:HWC - Free Report) - Stock analysts at DA Davidson lowered their FY2026 earnings per share estimates for shares of Hancock Whitney in a research note issued to investors on Monday, September 29th. DA Davidson analyst G. Tenner now forecasts that the company will post earnings of $6.07 per share for the year, down from their prior forecast of $6.09. DA Davidson has a "Buy" rating and a $67.00 price target on the stock. The consensus estimate for Hancock Whitney's current full-year earnings is $5.53 per share.

Other equities research analysts have also recently issued reports about the stock. Wall Street Zen cut shares of Hancock Whitney from a "hold" rating to a "sell" rating in a research report on Monday, August 11th. Piper Sandler upped their price target on Hancock Whitney from $70.00 to $72.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 16th. Keefe, Bruyette & Woods lowered Hancock Whitney from an "outperform" rating to a "market perform" rating and raised their price objective for the company from $62.00 to $63.00 in a research report on Friday, July 11th. Raymond James Financial restated a "strong-buy" rating on shares of Hancock Whitney in a report on Monday, September 8th. Finally, Hovde Group increased their price target on shares of Hancock Whitney from $65.00 to $72.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $70.00.

Hancock Whitney Price Performance

Shares of Hancock Whitney stock opened at $62.61 on Wednesday. The business has a 50 day moving average of $61.63 and a 200 day moving average of $56.80. Hancock Whitney has a 52 week low of $43.90 and a 52 week high of $64.66. The company has a market cap of $5.31 billion, a PE ratio of 11.53 and a beta of 1.13. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.05.

Hancock Whitney (NASDAQ:HWC - Get Free Report) last released its quarterly earnings data on Tuesday, July 15th. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.01. Hancock Whitney had a return on equity of 11.21% and a net margin of 23.28%.The business had revenue of $377.98 million during the quarter, compared to analysts' expectations of $375.99 million. During the same quarter last year, the business posted $1.31 EPS.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of HWC. Corient Private Wealth LLC increased its holdings in Hancock Whitney by 36.4% in the 2nd quarter. Corient Private Wealth LLC now owns 14,111 shares of the company's stock worth $810,000 after buying an additional 3,769 shares in the last quarter. Osaic Holdings Inc. grew its stake in shares of Hancock Whitney by 196.9% in the second quarter. Osaic Holdings Inc. now owns 12,995 shares of the company's stock worth $746,000 after acquiring an additional 8,618 shares during the period. Orion Porfolio Solutions LLC purchased a new position in shares of Hancock Whitney during the second quarter valued at approximately $428,000. Hohimer Wealth Management LLC bought a new position in Hancock Whitney during the second quarter valued at approximately $247,000. Finally, Tower Research Capital LLC TRC boosted its holdings in Hancock Whitney by 51.1% in the second quarter. Tower Research Capital LLC TRC now owns 13,155 shares of the company's stock worth $755,000 after purchasing an additional 4,448 shares during the last quarter. 81.22% of the stock is owned by institutional investors.

Hancock Whitney Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, September 5th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Friday, September 5th. Hancock Whitney's dividend payout ratio (DPR) is currently 33.15%.

About Hancock Whitney

Hancock Whitney Corporation operates as the financial holding company for Hancock Whitney Bank that provides traditional and online banking services to commercial, small business, and retail customers. It offers various transaction and savings deposit products consisting of brokered deposits, time deposits, and money market accounts; treasury management services, secured and unsecured loan products including revolving credit facilities, and letters of credit and similar financial guarantees; and trust and investment management services to retirement plans, corporations, and individuals, and investment advisory and brokerage products.

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