NYSE:PB Prosperity Bancshares (PB) Stock Forecast, Price & News $60.39 +1.08 (+1.82%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$58.85▼$61.7050-Day Range$57.23▼$62.6252-Week Range$55.95▼$78.76Volume1.06 million shsAverage Volume728,215 shsMarket Capitalization$5.69 billionP/E Ratio10.47Dividend Yield3.64%Price Target$73.73 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Prosperity Bancshares MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside22.1% Upside$73.73 Price TargetShort InterestBearish3.94% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.37Upright™ Environmental ScoreNews Sentiment0.82Based on 6 Articles This WeekInsider TradingAcquiring Shares$373,100 Bought Last QuarterProj. Earnings Growth6.89%From $5.37 to $5.74 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.19 out of 5 starsFinance Sector41st out of 860 stocksState Commercial Banks Industry13th out of 176 stocks 3.3 Analyst's Opinion Consensus RatingProsperity Bancshares has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $73.73, Prosperity Bancshares has a forecasted upside of 22.1% from its current price of $60.39.Amount of Analyst CoverageProsperity Bancshares has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.94% of the float of Prosperity Bancshares has been sold short.Short Interest Ratio / Days to CoverProsperity Bancshares has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in Prosperity Bancshares has recently increased by 27.24%, indicating that investor sentiment is decreasing significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipProsperity Bancshares is a leading dividend payer. It pays a dividend yield of 3.65%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthProsperity Bancshares has been increasing its dividend for 25 years.Dividend CoverageThe dividend payout ratio of Prosperity Bancshares is 38.13%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Prosperity Bancshares will have a dividend payout ratio of 38.33% next year. This indicates that Prosperity Bancshares will be able to sustain or increase its dividend. Previous Next 3.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreProsperity Bancshares has received a 43.98% net impact score from Upright. Prosperity Bancshares seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Wire transfer services", "Home equity loans", "Mortgages", "Credit cards", "Fixed interest accounts", and "Development loans for corporations" products. See details.Environmental SustainabilityThe Environmental Impact score for Prosperity Bancshares is -0.37. Previous Next 3.2 News and Social Media Coverage News SentimentProsperity Bancshares has a news sentiment score of 0.82. 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 higher news sentiment than the 0.62 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Prosperity Bancshares this week, compared to 4 articles on an average week.Search InterestOnly 2 people have searched for PB on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows6 people have added Prosperity Bancshares to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Prosperity Bancshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $373,100.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 4.20% of the stock of Prosperity Bancshares is held by insiders.Percentage Held by Institutions81.32% of the stock of Prosperity Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Prosperity Bancshares are expected to grow by 6.89% in the coming year, from $5.37 to $5.74 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Prosperity Bancshares is 10.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.42.Price to Earnings Ratio vs. SectorThe P/E ratio of Prosperity Bancshares is 10.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 158.39.Price to Earnings Growth RatioProsperity Bancshares has a PEG Ratio of 1.12. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioProsperity Bancshares has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Prosperity Bancshares (NYSE:PB) StockProsperity Bancshares, Inc. is a holding company, which engages in the provision of financial products and solutions. It offers retail and commercial banking services such as deposits, online Internet banking, loan, investments, trust, and credit card to small and medium-sized businesses and consumers. The company was founded by Tracy T. Rudolph in 1983 and is headquartered in Houston, TX.Read More Receive PB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Prosperity Bancshares and its competitors with MarketBeat's FREE daily newsletter. Email Address PB Stock News HeadlinesMay 27, 2023 | americanbankingnews.comProsperity Bancshares (NYSE:PB) Lifted to Sell at StockNews.comMay 26, 2023 | finance.yahoo.comProsperity Bancshares (PB) Down 7.4% Since Last Earnings Report: Can It Rebound?June 7, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 24, 2023 | finance.yahoo.comProsperity Bancshares (PB) Rides on Loans Amid Margin PressureMay 17, 2023 | finance.yahoo.comProsperity Bank CEO David Zalman shares M&A strategy after West Texas acquisitionsMay 16, 2023 | seekingalpha.comProsperity Bancshares: Solid Risk Management And Interesting PriceMay 16, 2023 | msn.comMorgan Stanley Downgrades Prosperity Bancshares (PB)May 16, 2023 | americanbankingnews.comProsperity Bancshares (NYSE:PB) Cut to "Underweight" at Morgan StanleyJune 7, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 16, 2023 | americanbankingnews.comProsperity Bancshares, Inc. (NYSE:PB) Receives Consensus Rating of "Hold" from AnalystsMay 14, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Prosperity Bancshares, Inc. Lowered by Zacks Research (NYSE:PB)May 5, 2023 | americanbankingnews.comProsperity Bancshares (NYSE:PB) Lifted to Outperform at Wolfe ResearchMay 4, 2023 | msn.comWolfe Research Upgrades Prosperity Bancshares (PB)May 4, 2023 | finance.yahoo.comJack Lord Just Bought 18% More Shares In Prosperity Bancshares, Inc. (NYSE:PB)May 3, 2023 | cnbc.comWolfe double-upgrades this regional bank stock that's an 'attractive place to hide'May 3, 2023 | markets.businessinsider.comProsperity Bancshares (PB) Receives a New Rating from a Top AnalystMay 3, 2023 | americanbankingnews.comProsperity Bancshares, Inc. (NYSE:PB) Director L. Jack Lord Buys 5,000 SharesMay 3, 2023 | americanbankingnews.comFY2023 Earnings Forecast for Prosperity Bancshares, Inc. (NYSE:PB) Issued By WedbushMay 3, 2023 | americanbankingnews.comProsperity Bancshares, Inc. (NYSE:PB) Expected to Post Q2 2023 Earnings of $1.37 Per ShareMay 1, 2023 | finance.yahoo.comPROSPERITY BANCSHARES, INC.® COMPLETES MERGER WITH FIRST BANCSHARES OF TEXAS, INC.April 28, 2023 | bizjournals.comEarnings roundup: How Houston-based banks fared after industry turmoilApril 28, 2023 | msn.comWedbush Maintains Prosperity Bancshares (PB) Neutral RecommendationApril 28, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Prosperity Bancshares, Inc. Lifted by Analyst (NYSE:PB)April 27, 2023 | finance.yahoo.comProsperity Bancshares (PB) Stock Rises on Q1 Earnings BeatApril 27, 2023 | finance.yahoo.comQ1 2023 Prosperity Bancshares Inc Earnings CallApril 26, 2023 | finance.yahoo.comPROSPERITY BANCSHARES, INC.® REPORTS FIRST QUARTER 2023 EARNINGSApril 26, 2023 | finance.yahoo.comProsperity Bancshares (PB) Q1 Earnings Beat EstimatesSee More Headlines PB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PB Company Calendar Ex-Dividend for 4/3 Dividend3/14/2023Dividend Payable4/03/2023Last Earnings4/26/2023Today6/07/2023Ex-Dividend for 7/3 Dividend6/14/2023Dividend Payable7/03/2023Next Earnings (Estimated)7/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNYSE:PB Previous SymbolNASDAQ:PRSP CUSIP74360610 CIK1068851 Webwww.prosperitybankusa.com Phone(281) 269-7199Fax281-269-7222Employees3,633Year FoundedN/APrice Target and Rating Average Stock Price Forecast$73.73 High Stock Price Forecast$82.00 Low Stock Price Forecast$60.00 Forecasted Upside/Downside+22.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$5.77 Trailing P/E Ratio10.47 Forward P/E Ratio11.25 P/E Growth1.12Net Income$524.52 million Net Margins39.87% Pretax Margin50.67% Return on Equity7.93% Return on Assets1.40% Debt Debt-to-Equity RatioN/A Current Ratio0.63 Quick Ratio0.63 Sales & Book Value Annual Sales$1.24 billion Price / Sales4.59 Cash Flow$6.54 per share Price / Cash Flow9.24 Book Value$73.37 per share Price / Book0.82Miscellaneous Outstanding Shares94,280,000Free Float90,320,000Market Cap$5.69 billion OptionableOptionable Beta0.96 Key ExecutivesDavid E. ZalmanSenior Chairman & Chief Executive OfficerKevin J. HaniganPresident, Chief Operating Officer & DirectorAsylbek OsmonovChief Financial OfficerRandy HesterChief Lending Officer & Executive Vice PresidentCharlotte M. RascheExecutive Vice President & General CounselKey CompetitorsSouthStateNASDAQ:SSBCommerce BancsharesNASDAQ:CBSHColumbia Banking SystemNASDAQ:COLBHome Bancshares, Inc. (Conway, AR)NYSE:HOMBPopularNASDAQ:BPOPView All CompetitorsInsiders & InstitutionsOntario Teachers Pension Plan BoardSold 8,817 shares on 6/1/2023Ownership: 0.014%ProShare Advisors LLCBought 18,047 shares on 5/26/2023Ownership: 0.503%Brandywine Global Investment Management LLCSold 1,767 shares on 5/25/2023Ownership: 0.062%Ameriprise Financial Inc.Sold 21,900 shares on 5/22/2023Ownership: 0.355%New York State Common Retirement FundBought 327 shares on 5/18/2023Ownership: 0.274%View All Insider TransactionsView All Institutional Transactions PB Stock - Frequently Asked Questions Should I buy or sell Prosperity Bancshares stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Prosperity Bancshares in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PB shares. View PB analyst ratings or view top-rated stocks. What is Prosperity Bancshares' stock price forecast for 2023? 8 brokers have issued 1-year target prices for Prosperity Bancshares' stock. Their PB share price forecasts range from $60.00 to $82.00. On average, they predict the company's share price to reach $73.73 in the next year. This suggests a possible upside of 22.1% from the stock's current price. View analysts price targets for PB or view top-rated stocks among Wall Street analysts. How have PB shares performed in 2023? Prosperity Bancshares' stock was trading at $72.68 at the beginning of the year. Since then, PB shares have decreased by 16.9% and is now trading at $60.39. View the best growth stocks for 2023 here. Are investors shorting Prosperity Bancshares? Prosperity Bancshares saw a increase in short interest in May. As of May 15th, there was short interest totaling 3,550,000 shares, an increase of 27.2% from the April 30th total of 2,790,000 shares. Based on an average daily volume of 852,300 shares, the days-to-cover ratio is currently 4.2 days. Currently, 3.9% of the company's stock are short sold. View Prosperity Bancshares' Short Interest. When is Prosperity Bancshares' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023. View our PB earnings forecast. How were Prosperity Bancshares' earnings last quarter? Prosperity Bancshares, Inc. (NYSE:PB) issued its quarterly earnings data on Wednesday, April, 26th. The bank reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.04. The bank had revenue of $365.58 million for the quarter, compared to analysts' expectations of $285.02 million. Prosperity Bancshares had a trailing twelve-month return on equity of 7.93% and a net margin of 39.87%. During the same quarter in the previous year, the firm posted $1.33 earnings per share. How often does Prosperity Bancshares pay dividends? What is the dividend yield for Prosperity Bancshares? Prosperity Bancshares declared a quarterly dividend on Wednesday, April 19th. Stockholders of record on Thursday, June 15th will be given a dividend of $0.55 per share on Monday, July 3rd. This represents a $2.20 annualized dividend and a dividend yield of 3.64%. The ex-dividend date is Wednesday, June 14th. Read our dividend analysis for PB. What ETFs hold Prosperity Bancshares' stock? ETFs with the largest weight of Prosperity Bancshares (NYSE:PB) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Invesco KBW Regional Banking ETF (KBWR), iShares Focused Value Factor ETF (FOVL), SPDR S&P Regional Banking ETF (KRE), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), SPDR S&P Bank ETF (KBE), iShares U.S. Regional Banks ETF (IAT) and First Trust Nasdaq Bank ETF (FTXO). Is Prosperity Bancshares a good dividend stock? Prosperity Bancshares (NYSE:PB) pays an annual dividend of $2.20 per share and currently has a dividend yield of 3.65%. The company has been increasing its dividend for 25 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 38.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PB will have a dividend payout ratio of 38.33% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PB. What is David Zalman's approval rating as Prosperity Bancshares' CEO? 72 employees have rated Prosperity Bancshares Chief Executive Officer David Zalman on Glassdoor.com. David Zalman has an approval rating of 52% among the company's employees. This puts David Zalman in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Prosperity Bancshares own? Based on aggregate information from My MarketBeat watchlists, some companies that other Prosperity Bancshares investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Scotts Miracle-Gro (SMG), Accenture (ACN), AutoZone (AZO), Designer Brands (DBI) and Micron Technology (MU). What is Prosperity Bancshares' stock symbol? Prosperity Bancshares trades on the New York Stock Exchange (NYSE) under the ticker symbol "PB." Who are Prosperity Bancshares' major shareholders? Prosperity Bancshares' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.17%), State Street Corp (8.45%), Victory Capital Management Inc. (6.30%), American Century Companies Inc. (2.80%), Brown Advisory Inc. (2.82%) and Dimensional Fund Advisors LP (2.28%). Insiders that own company stock include David Zalman, George A Fisk, H E Timanus Jr, L Jack Lord, Robert H Steelhammer and Robert J Dowdell. View institutional ownership trends. How do I buy shares of Prosperity Bancshares? Shares of PB 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 Prosperity Bancshares' stock price today? One share of PB stock can currently be purchased for approximately $60.39. How much money does Prosperity Bancshares make? Prosperity Bancshares (NYSE:PB) has a market capitalization of $5.69 billion and generates $1.24 billion in revenue each year. The bank earns $524.52 million in net income (profit) each year or $5.77 on an earnings per share basis. How many employees does Prosperity Bancshares have? The company employs 3,633 workers across the globe. How can I contact Prosperity Bancshares? Prosperity Bancshares' mailing address is 4295 SAN FELIPE, HOUSTON TX, 77027. The official website for the company is www.prosperitybankusa.com. The bank can be reached via phone at (281) 269-7199, via email at investor.relations@prosperitybanktx.com, or via fax at 281-269-7222. This page (NYSE:PB) was last updated on 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Prosperity Bancshares, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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