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NASDAQ:HWC

Hancock Whitney (HWC) Stock Price, News & Analysis

$45.04
-0.82 (-1.79%)
(As of 05/29/2024 ET)
Today's Range
$44.65
$45.31
50-Day Range
$42.01
$48.59
52-Week Range
$32.16
$49.65
Volume
307,895 shs
Average Volume
482,868 shs
Market Capitalization
$3.90 billion
P/E Ratio
10.50
Dividend Yield
2.66%
Price Target
$51.43

Hancock Whitney MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
14.2% Upside
$51.43 Price Target
Short Interest
Healthy
1.62% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.47
Upright™ Environmental Score
News Sentiment
1.22mentions of Hancock Whitney in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$98,822 Sold Last Quarter
Proj. Earnings Growth
1.42%
From $4.92 to $4.99 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.94 out of 5 stars

Finance Sector

23rd out of 874 stocks

State Commercial Banks Industry

7th out of 177 stocks

HWC stock logo

About Hancock Whitney Stock (NASDAQ:HWC)

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 various transaction and savings deposit products consisting of brokered deposits, time deposits, and money market accounts; treasury management services, secured and unsecured loan products including revolving credit facilities, and letters of credit and similar financial guarantees; and trust and investment management services to retirement plans, corporations, and individuals, and investment advisory and brokerage products. The company also provides commercial and industrial loans including real and non-real estate loans; construction and land development loans; and residential mortgages, as well as consumer loans. In addition, it offers commercial finance products to middle market and corporate clients, including leases and related structures; facilitates investments in new market tax credit activities and holding certain foreclosed assets; provides customers access to fixed annuity and life insurance products; and underwriting transactions products, as well as debt and mortgage-related securities. The company was founded in 1899 and is headquartered in Gulfport, Mississippi.

HWC Stock Price History

HWC Stock News Headlines

Hancock Whitney Corporation (HWC)
Hancock Whitney Raises Dividend 33%
Hancock Whitney Increases Quarterly Dividend 33%
Hancock Whitney Increases Quarterly Dividend 33%
KBW Sticks to Its Hold Rating for Hancock Whitney (HWC)
Hancock Whitney: Q1 Earnings Snapshot
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
3/04/2024
Dividend Payable
3/15/2024
Last Earnings
4/16/2024
Today
5/29/2024
Ex-Dividend for 6/14 Dividend
6/05/2024
Dividend Payable
6/14/2024
Next Earnings (Estimated)
7/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:HWC
Employees
3,591
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$51.43
High Stock Price Target
$57.00
Low Stock Price Target
$45.00
Potential Upside/Downside
+12.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$392.60 million
Pretax Margin
23.66%

Debt

Sales & Book Value

Annual Sales
$1.91 billion
Cash Flow
$5.86 per share
Book Value
$44.48 per share

Miscellaneous

Free Float
85,677,000
Market Cap
$3.97 billion
Optionable
Optionable
Beta
1.31
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HWC Stock Analysis - 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 year. 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 target for 2024?

7 brokerages have issued 12-month price objectives for Hancock Whitney's shares. Their HWC share price targets range from $45.00 to $57.00. On average, they expect the company's stock price to reach $51.43 in the next twelve months. This suggests a possible upside of 14.2% 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 2024?

Hancock Whitney's stock was trading at $48.59 at the beginning of 2024. Since then, HWC shares have decreased by 7.3% and is now trading at $45.04.
View the best growth stocks for 2024 here
.

Are investors shorting Hancock Whitney?

Hancock Whitney saw a drop in short interest in May. As of May 15th, there was short interest totaling 1,390,000 shares, a drop of 27.2% from the April 30th total of 1,910,000 shares. Based on an average trading volume of 460,700 shares, the short-interest ratio is presently 3.0 days. Currently, 1.6% of the company's stock are sold short.
View Hancock Whitney's Short Interest
.

When is Hancock Whitney's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 16th 2024.
View our HWC earnings forecast
.

How were Hancock Whitney's earnings last quarter?

Hancock Whitney Co. (NASDAQ:HWC) released its quarterly earnings results on Tuesday, April, 16th. The company reported $1.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.18 by $0.10. The business had revenue of $354.02 million for the quarter, compared to analysts' expectations of $353.15 million. Hancock Whitney had a net margin of 19.07% and a trailing twelve-month return on equity of 11.89%.

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

Hancock Whitney announced a quarterly dividend on Wednesday, May 29th. Shareholders of record on Wednesday, June 5th will be paid a dividend of $0.40 per share on Friday, June 14th. This represents a $1.60 annualized dividend and a yield of 3.55%. The ex-dividend date of this dividend is Wednesday, June 5th. This is an increase from the stock's previous quarterly dividend of $0.30.
Read our dividend analysis for HWC
.

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 2.59%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HWC will have a dividend payout ratio of 24.05% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HWC.

Who are Hancock Whitney's major shareholders?

Hancock Whitney's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.69%), Allspring Global Investments Holdings LLC (2.30%), Allspring Global Investments Holdings LLC (2.30%), Hancock Whitney Corp (0.94%), Wasatch Advisors LP (0.74%) and Boston Partners (0.72%). Insiders that own company stock include Carleton Richard Wilkins, Cecil W Knight Jr, Christine L Pickering, Christopher S Ziluca, D Shane Loper, Harry Merritt Lane III, Joan Cahill Teofilo, John M Hairston, Joseph S Exnicios, Michael M Achary and Sonia Perez.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:HWC) was last updated on 5/29/2024 by MarketBeat.com Staff

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