What is Zacks Research's Forecast for PB Q2 Earnings?

Prosperity Bancshares, Inc. (NYSE:PB - Free Report) - Stock analysts at Zacks Research cut their Q2 2025 earnings estimates for shares of 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 per share of $1.39 for the quarter, down from their prior estimate 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.

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

A number of other equities research analysts have also recently commented on the company. 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 research note on Monday, May 5th. Hovde Group dropped their price objective on shares of Prosperity Bancshares from $90.00 to $80.00 and set an "outperform" rating on the stock in a research note on Friday, April 25th. Royal Bank of Canada cut their price target on Prosperity Bancshares from $85.00 to $78.00 and set a "sector perform" rating for the company in a research note on Thursday, April 24th. Barclays cut their price target on shares of Prosperity Bancshares from $88.00 to $86.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. Finally, Morgan Stanley reduced their target price on Prosperity Bancshares from $102.00 to $94.00 and set an "overweight" rating for the company in a report on Thursday, March 13th. Seven research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $83.71.

Prosperity Bancshares Stock Performance

PB traded down $0.33 during trading on Thursday, hitting $72.40. The stock had a trading volume of 115,312 shares, compared to its average volume of 623,154. Prosperity Bancshares has a twelve month low of $57.16 and a twelve month high of $86.75. The stock has a 50 day simple moving average of $68.89 and a two-hundred day simple moving average of $75.07. The company has a market capitalization of $6.90 billion, a PE ratio of 14.33, a PEG ratio of 0.94 and a beta of 0.70.

Hedge Funds Weigh In On Prosperity Bancshares

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC grew its stake in Prosperity Bancshares by 487.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 376 shares of the bank's stock worth $28,000 after purchasing an additional 312 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in Prosperity Bancshares by 368.5% during the 4th quarter. Jones Financial Companies Lllp now owns 520 shares of the bank's stock worth $39,000 after acquiring an additional 409 shares in the last quarter. UMB Bank n.a. increased its position in shares of Prosperity Bancshares by 102.7% in the 4th quarter. UMB Bank n.a. now owns 592 shares of the bank's stock valued at $45,000 after purchasing an additional 300 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of Prosperity Bancshares in the 1st quarter valued at $48,000. Finally, Aster Capital Management DIFC Ltd lifted its position in shares of Prosperity Bancshares by 349.5% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 917 shares of the bank's stock worth $69,000 after purchasing an additional 713 shares during the last quarter. Hedge funds and other institutional investors own 80.69% of the company's stock.

Insider Buying and Selling at Prosperity Bancshares

In related news, Director Ned S. Holmes sold 500 shares of the company's stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $73.62, for a total transaction of $36,810.00. Following the sale, the director now directly owns 105,315 shares of the company's stock, valued at $7,753,290.30. This represents a 0.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 5,500 shares of company stock valued at $382,420 over the last 90 days. 4.20% of the stock is owned by insiders.

Prosperity Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th will be paid a $0.58 dividend. This represents a $2.32 annualized dividend and a dividend 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%.

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.