NASDAQ:HWC

Hancock Whitney (HWC) Stock Forecast, Price & News

$36.72

-0.27 (-0.73%)

(As of 10:15 AM ET)

Compare

Today's Range: $36.47
▼
$36.96
50-Day Range: $36.04
▼
$44.78
52-Week Range: $31.02
▼
$57.00

Volume: 26,603 shs
Average Volume: 597,835 shs
Market Capitalization: $3.16 billion

P/E Ratio: 6.12
Dividend Yield: 3.27%
Price Target: $44.56

Hancock Whitney MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.57 Rating Score
Upside/Downside: 20.5% Upside
$44.56 Price Target
Short Interest: Bearish
2.58% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.47
Upright™ Environmental Score
News Sentiment: 0.56
Based on 10 Articles This Week
Insider Trading: Selling Shares
$1.68 M Sold Last Quarter
Proj. Earnings Growth: -10.37%
From $5.11 to $4.58 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.65 out of 5 stars

Finance Sector

272nd out of 879 stocks

State Commercial Banks Industry

70th out of 183 stocks

3.3

Analyst's Opinion

Consensus Rating
Hancock Whitney has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $44.56, Hancock Whitney has a forecasted upside of 20.5% from its current price of $36.99.
Amount of Analyst Coverage
Hancock Whitney has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
2.58% of the float of Hancock Whitney has been sold short.
Short Interest Ratio / Days to Cover
Hancock Whitney has a short interest ratio ("days to cover") of 4.
Change versus previous month
Short interest in Hancock Whitney has recently increased by 4.76%, indicating that investor sentiment is decreasing.

2.5

Dividend Strength

Dividend Yield
Hancock Whitney pays a meaningful dividend of 3.24%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Hancock Whitney has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Hancock Whitney is 20.00%. 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 26.20% next year. This indicates that Hancock Whitney will be able to sustain or increase its dividend.

3.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Hancock Whitney has received a 38.32% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Retirement saving services", "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", "Corporate debit cards", and "Home equity loans" products. See details.
Environmental Sustainability
The Environmental Impact score for Hancock Whitney is -0.47.

2.5

News and Social Media Coverage

News Sentiment
Hancock Whitney has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.71 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Hancock Whitney this week, compared to 3 articles on an average week.
Search Interest
Only 1 people have searched for HWC on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
3 people have added Hancock Whitney to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Hancock Whitney insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,678,019.00 in company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Hancock Whitney is held by insiders.
Percentage Held by Institutions
84.45% of the stock of Hancock Whitney is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Hancock Whitney are expected to decrease by -10.37% in the coming year, from $5.11 to $4.58 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Hancock Whitney is 6.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 107.61.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hancock Whitney is 6.17, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 60.08.
Price to Book Value per Share Ratio
Hancock Whitney has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Hancock Whitney (NASDAQ:HWC) Stock

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 checking and saving accounts including currency exchange and overdraft services; and range of loan products, which includes credit personal and home equity, construction, and term loans, mortgage facilities, credit cards, equipment finance, line of credit, leasing, commercial loan programs, asset based lending services, derivatives, and equipment and litigation finance, as well as new markets tax credit investment including bridge finance. The company provides investment services, which includes stocks, bonds, mutual funds, fee-based managed accounts, exchange treaded funds, and units investment trusts; annuities including fixed, indexed, and variable annuities; and insurances, such as term, life, disability, and single-premier wealth transfer insurance. In addition, it offers online and mobile banking, healthcare banking, government finance, and international banking including foreign exchange, and import and export services; and treasury management services, which includes ACH, wire transfer, and bill pay manager, as well as electronic and cash check deposits. Further, the company provides retirement and custodian accounts, merchant services, payment and virtual card solutions, corporate underwriting services, and private and institutional asset management services including retirement plan and institutional services, and corporate trust. The company was founded in 1899 and is headquartered in Gulfport, Mississippi.

HWC Price History

30 days | 90 days | 365 days | Advanced Chart

HWC Stock News Headlines

September 30, 2023 | americanbankingnews.com

Hancock Whitney Co. (NASDAQ:HWC) Given Consensus Recommendation of "Moderate Buy" by Analysts

September 29, 2023 | americanbankingnews.com

Hancock Whitney (NASDAQ:HWC) Price Target Lowered to $41.00 at Truist Financial

October 2, 2023 | PressReach (Ad)

Nuclear Revival Creates Opportunities for Uranium

Uranium companies set to benefit from increased demand for clean energy.

September 27, 2023 | americanbankingnews.com

Hancock Whitney (NASDAQ:HWC) Lifted to Hold at StockNews.com

September 26, 2023 | finance.yahoo.com

Hancock Whitney Corporation to announce third quarter 2023 financial results and host conference call October 17

September 22, 2023 | americanbankingnews.com

FY2023 EPS Estimates for Hancock Whitney Co. Cut by DA Davidson (NASDAQ:HWC)

September 20, 2023 | msn.com

Truist Securities Reiterates Hancock Whitney (HWC) Buy Recommendation

September 19, 2023 | msn.com

Hancock Whitney upgraded to Overweight at Piper Sandler on NIM outlook

October 2, 2023 | PressReach (Ad)

Nuclear Revival Creates Opportunities for Uranium

Uranium companies set to benefit from increased demand for clean energy.

September 5, 2023 | finance.yahoo.com

Newmark Secures Global Corporate Services Contract Renewal with Hancock Whitney Bank

August 27, 2023 | finance.yahoo.com

Hancock Whitney Corporation (NASDAQ:HWC) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

August 21, 2023 | finance.yahoo.com

Hancock Whitney's (NASDAQ:HWC) Upcoming Dividend Will Be Larger Than Last Year's

August 17, 2023 | finance.yahoo.com

Hancock Whitney (HWC) Down 8.1% Since Last Earnings Report: Can It Rebound?

August 10, 2023 | seekingalpha.com

Hancock Whitney: Battling Away Against Industry Headwinds

August 2, 2023 | benzinga.com

Hancock Whitney Insider Trades Send a Signal

August 1, 2023 | finance.yahoo.com

Hancock Whitney (NASDAQ:HWC) Is Paying Out A Larger Dividend Than Last Year

July 28, 2023 | benzinga.com

Chief Banking Officer At This Financials Company Sells $82K of Stock

July 21, 2023 | bizjournals.com

Houston market a major growth engine for Hancock Whitney Bank, South Texas leader says

July 19, 2023 | msn.com

Truist Securities Maintains Hancock Whitney (HWC) Buy Recommendation

July 19, 2023 | markets.businessinsider.com

Mixed Analyst Opinions: Price Target Hikes, Downgrades, And EPS Estimates For Hancock Whitney

July 19, 2023 | msn.com

Raymond James Downgrades Hancock Whitney (HWC)

July 19, 2023 | markets.businessinsider.com

Analyst Expectations for Hancock Whitney's Future

July 19, 2023 | finance.yahoo.com

Q2 2023 Hancock Whitney Corp Earnings Call

July 19, 2023 | finance.yahoo.com

Hancock Whitney (HWC) Stock Declines Despite Q2 Earnings Beat

July 18, 2023 | marketwatch.com

Hancock Whitney 2Q Net Interest Income Falls Amid Lower Deposits

July 18, 2023 | finance.yahoo.com

Hancock Whitney (HWC) Q2 Earnings Surpass Estimates

July 18, 2023 | finance.yahoo.com

Hancock Whitney (HWC) Reports Q2 Earnings: What Key Metrics Have to Say

See More Headlines

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HWC Company Calendar

Last Earnings: 7/18/2023
Ex-Dividend for 9/15 Dividend: 9/01/2023
Dividend Payable: 9/15/2023
Today: 10/02/2023
Next Earnings (Confirmed): 10/17/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: State commercial banks
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:HWC
CUSIP: N/A
CIK: 750577
Web: www.hancockwhitney.com
Phone: (228) 868-4000
Fax: 228-868-4627
Employees: 3,627
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $44.56
High Stock Price Forecast: $47.00
Low Stock Price Forecast: $41.00
Forecasted Upside/Downside: +20.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.57
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.00
Trailing P/E Ratio: 6.17
Forward P/E Ratio: 7.24
P/E Growth: N/A
Net Income: $524.09 million
Net Margins: 29.92%
Pretax Margin: 37.53%
Return on Equity: 15.39%
Return on Assets: 1.46%

Debt

Debt-to-Equity Ratio: 0.07
Current Ratio: 0.79
Quick Ratio: 0.78

Sales & Book Value

Annual Sales: $1.47 billion
Price / Sales: 2.17
Cash Flow: $7.06 per share
Price / Cash Flow: 5.24
Book Value: $39.01 per share
Price / Book: 0.95

Miscellaneous

Outstanding Shares: 86,130,000
Free Float: 85,265,000
Market Cap: $3.19 billion
Optionable: Optionable
Beta: 1.32

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Key Executives

Mr. John M. Hairston (Age 59)
Pres, CEO & Director
Comp: $4.33M

Mr. Michael M. Achary (Age 63)
Sr. EVP, CFO & Principal Accounting Officer
Comp: $1.59M

Mr. D. Shane Loper (Age 57)
Sr. EVP & COO
Comp: $2.37M

Mr. Joseph S. Exnicios (Age 67)
Sr. Exec. VP
Comp: $1.38M

Mr. Cecil W. Knight Jr. (Age 59)
Exec. VP & Chief Banking Officer
Comp: $1.35M

Mr. David J. Lundgren Jr.
C.F.A., CFA, Chief Investment Officer

Ms. Trisha Voltz Carlson
Exec. VP & Investor Relations Mang.

Ms. Joy Lambert Phillips Esq. (Age 68)
Sr. EVP, Corp. Sec. & Gen. Counsel

Ms. Cindy S. Collins
Chief Compliance Officer

Mr. R. Paul Maxwell
VP & Sr. Communications Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

HWC Stock - Frequently Asked Questions

Should I buy or sell Hancock Whitney stock right now?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hancock Whitney in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" HWC shares.
View HWC analyst ratings or view top-rated stocks.
What is Hancock Whitney's stock price forecast for 2023?: 7 Wall Street research analysts have issued 1-year price objectives for Hancock Whitney's shares. Their HWC share price forecasts range from $41.00 to $47.00. On average, they anticipate the company's stock price to reach $44.56 in the next year. This suggests a possible upside of 20.5% from the stock's current price.
View analysts price targets for HWC or view top-rated stocks among Wall Street analysts.
How have HWC shares performed in 2023?: Hancock Whitney's stock was trading at $48.39 on January 1st, 2023. Since then, HWC shares have decreased by 23.6% and is now trading at $36.99.
View the best growth stocks for 2023 here.
When is Hancock Whitney's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 17th 2023.
View our HWC earnings forecast.
How can I listen to Hancock Whitney's earnings call?: Hancock Whitney will be holding an earnings conference call on Tuesday, October 17th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "6914431".
How were Hancock Whitney's earnings last quarter?: Hancock Whitney Co. (NASDAQ:HWC) issued its quarterly earnings data on Tuesday, July, 18th. The company reported $1.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.34 by $0.01. The company had revenue of $359.97 million for the quarter, compared to the consensus estimate of $364.50 million. Hancock Whitney had a net margin of 29.92% and a trailing twelve-month return on equity of 15.39%. The company's quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.38 EPS.
How often does Hancock Whitney pay dividends? What is the dividend yield for Hancock Whitney?: Hancock Whitney declared a quarterly dividend on Friday, September 1st. Shareholders of record on Tuesday, September 5th will be paid a dividend of $0.30 per share on Friday, September 15th. This represents a $1.20 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date of this dividend is Friday, September 1st.
Read our dividend analysis for HWC.

What ETFs hold Hancock Whitney's stock?: ETFs with the largest weight of Hancock Whitney (NASDAQ:HWC) stock in their portfolio include First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco KBW Regional Banking ETF (KBWR), SPDR S&P Regional Banking ETF (KRE), First Trust Mid Cap Value AlphaDEX Fund (FNK), First Trust Nasdaq Bank ETF (FTXO), Direxion Daily Regional Banks Bull 3x Shares (DPST), Invesco Raymond James SB-1 Equity ETF (RYJ) and First Trust Mid Cap Core AlphaDEX Fund (FNX).
Is Hancock Whitney a good dividend stock?: Hancock Whitney (NASDAQ:HWC) pays an annual dividend of $1.20 per share and currently has a dividend yield of 3.24%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 20.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HWC will have a dividend payout ratio of 26.20% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HWC.
What is Hancock Whitney's stock symbol?: Hancock Whitney trades on the NASDAQ under the ticker symbol "HWC."
How do I buy shares of Hancock Whitney?: Shares of HWC stock 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.
Compare Top Brokerages Here.
What is Hancock Whitney's stock price today?: One share of HWC stock can currently be purchased for approximately $36.99.
How much money does Hancock Whitney make?: Hancock Whitney (NASDAQ:HWC) has a market capitalization of $3.19 billion and generates $1.47 billion in revenue each year. The company earns $524.09 million in net income (profit) each year or $6.00 on an earnings per share basis.
How many employees does Hancock Whitney have?: The company employs 3,627 workers across the globe.
How can I contact Hancock Whitney?: Hancock Whitney's mailing address is Hancock Whitney Plaza 2510 14th Street, GULFPORT MS, 39501. The official website for the company is www.hancockwhitney.com. The company can be reached via phone at (228) 868-4000, via email at investorrelations@hancockwhitney.com, or via fax at 228-868-4627.

This page (NASDAQ:HWC) was last updated on 10/2/2023 by MarketBeat.com Staff

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