What is DA Davidson's Forecast for PB Q2 Earnings?

Prosperity Bancshares, Inc. (NYSE:PB - Free Report) - Equities researchers at DA Davidson issued their Q2 2025 earnings estimates for Prosperity Bancshares in a research report issued to clients and investors on Thursday, April 24th. DA Davidson analyst P. Winter expects that the bank will post earnings per share of $1.41 for the quarter. The consensus estimate for Prosperity Bancshares' current full-year earnings is $5.83 per share.

Other research analysts have also recently issued reports about the stock. Morgan Stanley decreased their price objective on shares of Prosperity Bancshares from $102.00 to $94.00 and set an "overweight" rating for the company in a report on Thursday, March 13th. Stephens increased their price objective on shares of Prosperity Bancshares from $93.00 to $94.00 and gave the company an "overweight" rating in a report on Thursday, January 30th. Bank of America upgraded shares of Prosperity Bancshares from an "underperform" rating to a "neutral" rating and set a $80.00 price objective for the company in a report on Tuesday, January 7th. Barclays decreased their price objective 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, Royal Bank of Canada reduced their target price on shares of Prosperity Bancshares from $85.00 to $78.00 and set a "sector perform" rating for the company in a report on Thursday, April 24th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, Prosperity Bancshares has an average rating of "Hold" and an average target price of $83.23.

Prosperity Bancshares Stock Performance

Shares of NYSE:PB traded down $1.22 during trading hours on Friday, hitting $67.29. The stock had a trading volume of 128,415 shares, compared to its average volume of 571,469. The stock's fifty day simple moving average is $69.82 and its 200 day simple moving average is $75.27. The firm has a market capitalization of $6.41 billion, a price-to-earnings ratio of 13.30, a PEG ratio of 0.94 and a beta of 0.82. 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. The firm had revenue of $306.68 million for the quarter, compared to analyst estimates of $307.17 million. Prosperity Bancshares had a net margin of 26.79% and a return on equity of 6.64%. Prosperity Bancshares's quarterly revenue was up 10.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.18 earnings per share.

Institutional Trading of Prosperity Bancshares

Several large investors have recently made changes to their positions in the stock. MeadowBrook Investment Advisors LLC boosted its stake in shares of Prosperity Bancshares by 21.4% during the 1st quarter. MeadowBrook Investment Advisors LLC now owns 3,120 shares of the bank's stock worth $223,000 after acquiring an additional 550 shares in the last quarter. U.S. Capital Wealth Advisors LLC boosted its stake in Prosperity Bancshares by 4.9% during the 1st quarter. U.S. Capital Wealth Advisors LLC now owns 3,326 shares of the bank's stock valued at $237,000 after purchasing an additional 156 shares during the period. Envestnet Asset Management Inc. boosted its stake in Prosperity Bancshares by 1.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 58,236 shares of the bank's stock valued at $4,156,000 after purchasing an additional 1,016 shares during the period. Chilton Capital Management LLC bought a new stake in Prosperity Bancshares during the 1st quarter valued at approximately $105,000. Finally, Principal Financial Group Inc. boosted its stake in Prosperity Bancshares by 0.4% during the 1st quarter. Principal Financial Group Inc. now owns 219,056 shares of the bank's stock valued at $15,634,000 after purchasing an additional 855 shares during the period. Institutional investors own 80.69% of the company's stock.

Insider Buying and Selling

In other Prosperity Bancshares news, Director Ned S. Holmes sold 500 shares of the business's stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $78.30, for a total value of $39,150.00. Following the transaction, the director now owns 106,815 shares in the company, valued at $8,363,614.50. The trade was a 0.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last ninety days, insiders sold 5,000 shares of company stock worth $356,740. Corporate insiders own 4.20% of the company's stock.

Prosperity Bancshares Dividend Announcement

The business 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 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date is Friday, June 13th. Prosperity Bancshares's dividend payout ratio (DPR) is presently 44.19%.

About Prosperity Bancshares

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.