Q2 EPS Forecast for Prosperity Bancshares Cut by Analyst

Prosperity Bancshares, Inc. (NYSE:PB - Free Report) - Analysts at Zacks Research dropped their Q2 2025 earnings per share (EPS) estimates for Prosperity Bancshares in a research note issued to investors on Wednesday, May 14th. Zacks Research analyst R. Department now expects that the bank will post earnings of $1.39 per share for the quarter, down from their previous forecast of $1.40. The consensus estimate for Prosperity Bancshares' current full-year earnings is $5.83 per share. Zacks Research also issued estimates for Prosperity Bancshares' Q3 2025 earnings at $1.44 EPS, Q2 2026 earnings at $1.50 EPS and Q3 2026 earnings at $1.60 EPS.

Other equities analysts also recently issued research reports about the company. Raymond James lifted their price target on Prosperity Bancshares from $82.00 to $87.00 and gave the company an "outperform" rating in a research note on Thursday, January 30th. Keefe, Bruyette & Woods decreased their price target on Prosperity Bancshares from $95.00 to $90.00 and set an "outperform" rating for the company in a report on Monday, May 5th. Hovde Group lowered their price target on Prosperity Bancshares from $90.00 to $80.00 and set an "outperform" rating for the company in a research report on Friday, April 25th. Stephens lifted their price objective on shares of Prosperity Bancshares from $93.00 to $94.00 and gave the stock an "overweight" rating in a report on Thursday, January 30th. Finally, Morgan Stanley cut their price target on shares of Prosperity Bancshares from $102.00 to $94.00 and set an "overweight" rating on the stock in a report on Thursday, March 13th. Seven analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $83.71.

Prosperity Bancshares Price Performance

Shares of NYSE PB opened at $72.41 on Thursday. The company has a 50-day moving average price of $68.79 and a 200-day moving average price of $75.07. The stock has a market capitalization of $6.90 billion, a P/E ratio of 14.31, a P/E/G ratio of 0.94 and a beta of 0.70. Prosperity Bancshares has a 1 year low of $57.16 and a 1 year high of $86.76.

Prosperity Bancshares (NYSE:PB - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The bank reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.02. Prosperity Bancshares had a net margin of 26.79% and a return on equity of 6.64%. The firm had revenue of $306.68 million for the quarter, compared to the consensus estimate of $307.17 million. During the same quarter in the prior year, the company posted $1.18 earnings per share. The business's revenue was up 10.7% on a year-over-year basis.

Prosperity Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Friday, June 13th will be issued a $0.58 dividend. This represents a $2.32 annualized dividend and a yield of 3.20%. The ex-dividend date of this dividend is Friday, June 13th. Prosperity Bancshares's dividend payout ratio (DPR) is presently 44.19%.

Insider Buying and Selling

In other news, Director Ned S. Holmes sold 500 shares of the firm's stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $70.63, for a total value of $35,315.00. Following the completion of the transaction, the director now directly owns 104,815 shares in the company, valued at approximately $7,403,083.45. This trade represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last ninety days, insiders sold 5,500 shares of company stock valued at $382,420. Company insiders own 4.20% of the company's stock.

Institutional Trading of Prosperity Bancshares

A number of hedge funds and other institutional investors have recently bought and sold shares of PB. Franklin Resources Inc. increased its holdings in shares of Prosperity Bancshares by 40.6% in the third quarter. Franklin Resources Inc. now owns 34,411 shares of the bank's stock worth $2,509,000 after purchasing an additional 9,935 shares during the period. Oak Thistle LLC bought a new position in Prosperity Bancshares in the 4th quarter worth about $736,000. Albert D Mason Inc. raised its holdings in shares of Prosperity Bancshares by 1.2% in the 4th quarter. Albert D Mason Inc. now owns 19,407 shares of the bank's stock valued at $1,462,000 after acquiring an additional 221 shares in the last quarter. HB Wealth Management LLC bought a new stake in shares of Prosperity Bancshares during the 4th quarter valued at about $216,000. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Prosperity Bancshares during the fourth quarter worth about $206,000. Institutional investors own 80.69% of the company's stock.

Prosperity Bancshares Company Profile

Prosperity Bancshares, Inc operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts, as well as and certificates of deposit. The company also offers 1-4 family residential mortgage, commercial real estate and multifamily residential, commercial and industrial, agricultural, and non-real estate agricultural loans, as well as construction, land development, and other land loans; consumer loans, including automobile, recreational vehicle, boat, home improvement, personal, and deposit account collateralized loans; term loans and lines of credit; and consumer durables and home equity loans, as well as loans for working capital, business expansion, and purchase of equipment and machinery.

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