NASDAQ:HWC

Hancock Whitney Stock Forecast, Price & News

$39.50

-0.56 (-1.40 %)

(As of 01/20/2021 12:01 PM ET)

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Today's Range

$39.40

Now: $39.50▼

$40.30

50-Day Range

$32.22

MA: $35.18▼

$41.20

52-Week Range

$14.32

Now: $39.50▼

$43.35

Volume9,718 shs

Average Volume513,998 shs

Market Capitalization$3.41 billion

P/E RatioN/A

Dividend Yield2.72%

Beta1.6

Hancock Whitney Corporation operates as the bank holding company for Hancock Whitney Bank that provides a range of banking products and services to commercial, small business, and retail customers. The company accepts various deposit products, such as noninterest-bearing demand deposits, interest-bearing transaction accounts, savings accounts, money market deposit accounts, and time deposit accounts. Its loan products include commercial and industrial; commercial real estate; construction and land development; residential mortgages, including fixed and adjustable rate loans; consumer loans comprising second lien mortgage home loans, home equity lines of credit, and nonresidential consumer purpose loans; revolving credit facilities; and letters of credit and financial guarantees. The company also offers investment brokerage services, and annuity and life insurance products; trust and investment management services to retirement plans, corporations, and individuals; and treasury management services, as well as operates and sells foreclosed assets. It operates approximately 217 full service banking and financial services offices and 288 automated teller machines in Gulf south corridor, including south Mississippi; southern and central Alabama; southern, central, and northwest Louisiana; the northern, central, and Panhandle regions of Florida; and east Texas, including Houston, Beaumont, and Dallas, as well as operates a loan production office in Nashville, Tennessee. The company was formerly known as Hancock Holding Company and changed its name to Hancock Whitney Corporation in May 2018. Hancock Whitney Corporation was founded in 1883 and is headquartered in Gulfport, Mississippi.

MarketRank^™

Overall MarketRank^™

2.23 out of 5 stars

Finance Sector

110th out of 1,939 stocks

State Commercial Banks Industry

16th out of 310 stocks

1.4 Analyst's Opinion

Consensus Rating
Hancock Whitney has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $29.50, Hancock Whitney has a forecasted downside of 26.3% from its current price of $40.02.
Amount of Analyst Coverage
Hancock Whitney has only been the subject of 1 research reports in the past 90 days.

5.0 Community Rank

Outperform Votes
Hancock Whitney has received 5 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Hancock Whitney has received 0 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Hancock Whitney has received 100.00% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Hancock Whitney and other stocks. Vote “Outperform” if you believe HWC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe HWC will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
Hancock Whitney pays a meaningful dividend of 2.72%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Hancock Whitney does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Hancock Whitney is 26.93%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Hancock Whitney will have a dividend payout ratio of 33.23% next year. This indicates that Hancock Whitney will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Hancock Whitney insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.98% of the stock of Hancock Whitney is held by insiders.
Percentage Held by Institutions
73.41% of the stock of Hancock Whitney is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Hancock Whitney are expected to grow in the coming year, from ($0.83) to $3.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Hancock Whitney is -56.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hancock Whitney is -56.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Hancock Whitney has a PEG Ratio of 1.53. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Hancock Whitney has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:HWC

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.hancockwhitney.com

Phone228-868-4727

Employees4,136

Debt

Debt-to-Equity Ratio0.11

Current Ratio0.80

Quick Ratio0.80

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E Growth1.53

Sales & Book Value

Annual Sales$1.44 billion

Price / Sales2.37

Cash Flow$4.97 per share

Price / Cash Flow7.94

Book Value$39.76 per share

Price / Book0.99

Profitability

EPS (Most Recent Fiscal Year)$4.01

Net Income$327.38 million

Net Margins-4.01%

Return on Equity-1.58%

Return on Assets-0.17%

Miscellaneous

Outstanding Shares86,413,000

Market Cap$3.41 billion

Next Earnings Date1/20/2021 (Confirmed)

OptionableOptionable

$39.50

-0.56 (-1.40 %)

(As of 01/20/2021 12:01 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Hancock Whitney (NASDAQ:HWC) Frequently Asked Questions

How has Hancock Whitney's stock been impacted by Coronavirus (COVID-19)?

Hancock Whitney's stock was trading at $21.32 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, HWC stock has increased by 86.3% and is now trading at $39.71.
View which stocks have been most impacted by COVID-19.

Is Hancock Whitney a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hancock Whitney in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Hancock Whitney stock.
View analyst ratings for Hancock Whitney or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Hancock Whitney?

Wall Street analysts have given Hancock Whitney a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Hancock Whitney wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Hancock Whitney's next earnings date?

Hancock Whitney is scheduled to release its next quarterly earnings announcement on Wednesday, January 20th 2021.
View our earnings forecast for Hancock Whitney.

How were Hancock Whitney's earnings last quarter?

Hancock Whitney Co. (NASDAQ:HWC) issued its quarterly earnings data on Tuesday, October, 20th. The company reported $0.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.70 by $0.20. The company earned $318.93 million during the quarter, compared to analysts' expectations of $316.88 million. Hancock Whitney had a negative return on equity of 1.58% and a negative net margin of 4.01%. During the same quarter last year, the company posted $1.03 EPS.
View Hancock Whitney's earnings history.

How often does Hancock Whitney pay dividends? What is the dividend yield for Hancock Whitney?

Hancock Whitney announced a quarterly dividend on Monday, November 23rd. Stockholders of record on Friday, December 4th will be paid a dividend of $0.27 per share on Tuesday, December 15th. This represents a $1.08 annualized dividend and a dividend yield of 2.72%. The ex-dividend date is Thursday, December 3rd.
View Hancock Whitney's dividend history.

Is Hancock Whitney a good dividend stock?

Hancock Whitney pays an annual dividend of $1.08 per share and currently has a dividend yield of 2.72%. The dividend payout ratio of Hancock Whitney is 26.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Hancock Whitney will have a dividend payout ratio of 33.23% next year. This indicates that Hancock Whitney will be able to sustain or increase its dividend.
View Hancock Whitney's dividend history.

What price target have analysts set for HWC?

7 brokerages have issued twelve-month target prices for Hancock Whitney's stock. Their forecasts range from $23.00 to $42.00. On average, they anticipate Hancock Whitney's share price to reach $29.50 in the next twelve months. This suggests that the stock has a possible downside of 25.7%.
View analysts' price targets for Hancock Whitney or view Wall Street analyst' top-rated stocks.

Who are some of Hancock Whitney's key competitors?

Some companies that are related to Hancock Whitney include East West Bancorp (EWBC), Commerce Bancshares (CBSH), Signature Bank (SBNY), Western Alliance Bancorporation (WAL), Prosperity Bancshares (PB), First Citizens BancShares (FCNCA), South State (SSB), First Financial Bankshares (FFIN), Popular (BPOP), Glacier Bancorp (GBCI), United Bankshares (UBSI), Bank OZK (OZK), Wintrust Financial (WTFC), Home Bancshares, Inc. (Conway, AR) (HOMB) and Texas Capital Bancshares (TCBI).
View all of HWC's competitors.

Who are Hancock Whitney's key executives?

Hancock Whitney's management team includes the following people:

Mr. John M. Hairston, Pres, CEO & Director (Age 56, Pay $2.34M)
Mr. Michael M. Achary, Sr. EVP & CFO (Age 60, Pay $1.13M)
Mr. D. Shane Loper, Sr. EVP & COO (Age 54, Pay $1.13M)
Mr. Joseph S. Exnicios, Sr. Exec. VP (Age 64, Pay $1.16M)
Mr. Cecil W. Knight Jr., Exec. VP & Chief Banking Officer (Age 56, Pay $824.01k)
Mr. David J. Lundgren Jr., C.F.A., CFA, Chief Investment Officer
Mr. Stephen E. Barker, Exec. VP, Sr. Accounting & Fin. Exec. and Chief Accounting Officer (Age 64)
Ms. Trisha Voltz Carlson, Exec. VP & Investor Relations Mang.
Ms. Joy Lambert Phillips Esq., Exec. VP, Gen. Counsel & Corp. Sec. (Age 65)
Ms. Cindy S. Collins, Chief Compliance Officer

What is Hancock Whitney's stock symbol?

Hancock Whitney trades on the NASDAQ under the ticker symbol "HWC."

Who are Hancock Whitney's major shareholders?

Hancock Whitney's stock is owned by many different institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (0.53%), Wedge Capital Management L L P NC (0.30%), Summit Financial Wealth Advisors LLC (0.15%), Dalton Greiner Hartman Maher & Co. (0.13%), State of Alaska Department of Revenue (0.02%) and Crossmark Global Holdings Inc. (0.01%). Company insiders that own Hancock Whitney stock include Carleton Richard Wilkins, Cecil W Knight Jr, Cecil W Knight, Jr, Joan Cahill Teofilo and Joseph S Exnicios.
View institutional ownership trends for Hancock Whitney.

Which institutional investors are selling Hancock Whitney stock?

HWC stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., and State of Alaska Department of Revenue.
View insider buying and selling activity for Hancock Whitney or view top insider-selling stocks.

Which institutional investors are buying Hancock Whitney stock?

HWC stock was purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Wedge Capital Management L L P NC, Crossmark Global Holdings Inc., Crescent Capital Consulting LLC, and Summit Financial Wealth Advisors LLC. Company insiders that have bought Hancock Whitney stock in the last two years include Carleton Richard Wilkins, and Joan Cahill Teofilo.
View insider buying and selling activity for Hancock Whitney or or view top insider-buying stocks.

How do I buy shares of Hancock Whitney?

Shares of HWC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Hancock Whitney's stock price today?

One share of HWC stock can currently be purchased for approximately $39.71.

How big of a company is Hancock Whitney?

Hancock Whitney has a market capitalization of $3.43 billion and generates $1.44 billion in revenue each year. The company earns $327.38 million in net income (profit) each year or $4.01 on an earnings per share basis. Hancock Whitney employs 4,136 workers across the globe.

What is Hancock Whitney's official website?

The official website for Hancock Whitney is www.hancockwhitney.com.

How can I contact Hancock Whitney?

Hancock Whitney's mailing address is Hancock Whitney Plaza 2510 14th Street, GULFPORT MS, 39501. The company can be reached via phone at 228-868-4727 or via email at [email protected]

This page was last updated on 1/20/2021 by MarketBeat.com Staff

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