Q2 EPS Estimates for Hancock Whitney Boosted by DA Davidson

Hancock Whitney Corporation (NASDAQ:HWC - Free Report) - Equities researchers at DA Davidson increased their Q2 2025 earnings estimates for shares of Hancock Whitney in a report issued on Friday, June 27th. DA Davidson analyst G. Tenner now anticipates that the company will post earnings of $1.39 per share for the quarter, up from their previous forecast of $1.37. DA Davidson has a "Buy" rating and a $62.00 price objective on the stock. The consensus estimate for Hancock Whitney's current full-year earnings is $5.53 per share. DA Davidson also issued estimates for Hancock Whitney's FY2025 earnings at $5.73 EPS.

Hancock Whitney (NASDAQ:HWC - Get Free Report) last announced its quarterly earnings results on Tuesday, April 15th. The company reported $1.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.28 by $0.10. The business had revenue of $367.50 million for the quarter, compared to the consensus estimate of $368.12 million. Hancock Whitney had a return on equity of 11.43% and a net margin of 23.15%.

Other research analysts also recently issued research reports about the stock. Keefe, Bruyette & Woods cut their price objective on shares of Hancock Whitney from $68.00 to $62.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 16th. Stephens lowered their target price on shares of Hancock Whitney from $73.00 to $69.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Raymond James Financial reaffirmed a "strong-buy" rating and set a $62.00 price target (down from $72.00) on shares of Hancock Whitney in a research report on Wednesday, April 16th. Finally, Piper Sandler reissued an "overweight" rating and issued a $70.00 price objective (up previously from $68.00) on shares of Hancock Whitney in a research report on Wednesday, April 16th. Three investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $61.25.

Hancock Whitney Stock Up 1.0%

HWC traded up $0.59 on Monday, hitting $61.10. The company had a trading volume of 315,354 shares, compared to its average volume of 613,085. The stock has a market capitalization of $5.23 billion, a price-to-earnings ratio of 11.27 and a beta of 1.05. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.82 and a current ratio of 0.82. The stock has a fifty day moving average price of $55.03 and a 200-day moving average price of $54.75. Hancock Whitney has a 12-month low of $43.90 and a 12-month high of $62.40.

Hedge Funds Weigh In On Hancock Whitney

A number of institutional investors have recently added to or reduced their stakes in HWC. Brooklyn Investment Group purchased a new stake in shares of Hancock Whitney in the first quarter valued at about $31,000. Versant Capital Management Inc boosted its holdings in Hancock Whitney by 554.6% in the 1st quarter. Versant Capital Management Inc now owns 707 shares of the company's stock valued at $37,000 after purchasing an additional 599 shares during the last quarter. Virtus Advisers LLC acquired a new position in Hancock Whitney in the 1st quarter valued at about $41,000. Amundi purchased a new stake in shares of Hancock Whitney in the 1st quarter valued at approximately $50,000. Finally, UMB Bank n.a. increased its holdings in shares of Hancock Whitney by 1,132.1% during the 1st quarter. UMB Bank n.a. now owns 998 shares of the company's stock worth $52,000 after buying an additional 917 shares during the last quarter. Hedge funds and other institutional investors own 81.22% of the company's stock.

Insiders Place Their Bets

In related news, Director Christine L. Pickering sold 838 shares of the firm's stock in a transaction on Monday, April 21st. The shares were sold at an average price of $48.09, for a total transaction of $40,299.42. Following the sale, the director owned 23,019 shares in the company, valued at approximately $1,106,983.71. This trade represents a 3.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.91% of the company's stock.

Hancock Whitney Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Thursday, June 5th were given a $0.45 dividend. The ex-dividend date was Thursday, June 5th. This represents a $1.80 dividend on an annualized basis and a yield of 2.95%. Hancock Whitney's dividend payout ratio is currently 33.21%.

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.