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S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
15 best consumer discretionary stocks for the rest of 2023
New CBOE “special perk” helps traders target income every weekend (Ad)
Energy traders: A rebound is coming
Kroger shares are begging to be bought 
All the trading advice you’ve ever received boils down to this (Ad)
Behind the tech boom: Big price leaders selectively laying off
Dallas Mavericks purchase turns LVS stock into a cheaper bet
All the trading advice you’ve ever received boils down to this (Ad)
These biotechs targeting multiple neurodegenerative diseases
Earnings propel Crowdstrike, cybersecurity sector, to new highs
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
15 best consumer discretionary stocks for the rest of 2023
New CBOE “special perk” helps traders target income every weekend (Ad)
Energy traders: A rebound is coming
Kroger shares are begging to be bought 
All the trading advice you’ve ever received boils down to this (Ad)
Behind the tech boom: Big price leaders selectively laying off
Dallas Mavericks purchase turns LVS stock into a cheaper bet
All the trading advice you’ve ever received boils down to this (Ad)
These biotechs targeting multiple neurodegenerative diseases
Earnings propel Crowdstrike, cybersecurity sector, to new highs
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
15 best consumer discretionary stocks for the rest of 2023
New CBOE “special perk” helps traders target income every weekend (Ad)
Energy traders: A rebound is coming
Kroger shares are begging to be bought 
All the trading advice you’ve ever received boils down to this (Ad)
Behind the tech boom: Big price leaders selectively laying off
Dallas Mavericks purchase turns LVS stock into a cheaper bet
All the trading advice you’ve ever received boils down to this (Ad)
These biotechs targeting multiple neurodegenerative diseases
Earnings propel Crowdstrike, cybersecurity sector, to new highs

Prosperity Bancshares Stock Price, News & Analysis (NYSE:PB)

$63.05
+2.74 (+4.54%)
(As of 12/1/2023 ET)
Compare
Today's Range
$59.78
$63.51
50-Day Range
$50.13
$63.05
52-Week Range
$49.60
$78.76
Volume
1.02 million shs
Average Volume
468,625 shs
Market Capitalization
$5.91 billion
P/E Ratio
12.56
Dividend Yield
3.49%
Price Target
$65.81

Prosperity Bancshares MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
4.4% Upside
$65.81 Price Target
Short Interest
Bearish
3.59% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.37
Upright™ Environmental Score
News Sentiment
0.25mentions of Prosperity Bancshares in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.23%
From $4.95 to $5.11 Per Share

Overall MarketRank

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

2.49 out of 5 stars

Finance Sector

210th out of 850 stocks

State Commercial Banks Industry

44th out of 181 stocks


PB stock logo

About Prosperity Bancshares Stock (NYSE:PB)

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; and consumer durables and home equity loans, as well as loans for working capital, business expansion, and purchase of equipment and machinery. In addition, it provides internet banking, mobile banking, trust and wealth management, retail brokerage, mortgage services, and treasury management, as well as debit and credit cards. The company was founded in 1983 and is based in Houston, Texas.

PB Stock Price History

PB Stock News Headlines

Prosperity Bancshares initiated with a Buy at Citi
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Prosperity Bancshares Q3 Earnings, Net Interest Income Decline
Q3 2023 Prosperity Bancshares Inc Earnings Call
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Here's what Wall Street expects from Prosperity Bancshares's earnings
Trading Prosperity Bancshares: Enough Damage Priced In
Prosperity Bancshares (NYSE: PB)
See More Headlines
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Company Calendar

Ex-Dividend for 10/2 Dividend
9/14/2023
Dividend Payable
10/02/2023
Last Earnings
10/25/2023
Today
12/02/2023
Ex-Dividend for 1/2 Dividend
12/14/2023
Fiscal Year End
12/31/2023
Dividend Payable
1/02/2024
Next Earnings (Estimated)
1/24/2024

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Previous Symbol
NASDAQ:PRSP
CUSIP
74360610
Employees
3,633
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$65.81
High Stock Price Target
$79.00
Low Stock Price Target
$55.00
Potential Upside/Downside
+4.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
12 Analysts

Profitability

Net Income
$524.52 million
Pretax Margin
38.38%

Debt

Sales & Book Value

Annual Sales
$1.24 billion
Cash Flow
$6.88 per share
Book Value
$75.04 per share

Miscellaneous

Free Float
89,779,000
Market Cap
$5.91 billion
Optionable
Optionable
Beta
0.95
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PB Stock Analysis - Frequently Asked Questions

Should I buy or sell Prosperity Bancshares stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Prosperity Bancshares in the last year. There are currently 1 sell rating, 3 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PB shares.
View PB analyst ratings
or view top-rated stocks.

What is Prosperity Bancshares' stock price target for 2024?

12 brokerages have issued 12-month price objectives for Prosperity Bancshares' shares. Their PB share price targets range from $55.00 to $79.00. On average, they predict the company's stock price to reach $65.81 in the next year. This suggests a possible upside of 4.4% 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 on January 1st, 2023. Since then, PB shares have decreased by 13.2% and is now trading at $63.05.
View the best growth stocks for 2023 here
.

When is Prosperity Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024.
View our PB earnings forecast
.

How were Prosperity Bancshares' earnings last quarter?

Prosperity Bancshares, Inc. (NYSE:PB) announced its quarterly earnings data on Wednesday, October, 25th. The bank reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.04. The bank had revenue of $419.10 million for the quarter, compared to the consensus estimate of $278.16 million. Prosperity Bancshares had a trailing twelve-month return on equity of 7.09% and a net margin of 30.16%. During the same quarter in the prior year, the firm earned $1.49 earnings per share.

How often does Prosperity Bancshares pay dividends? What is the dividend yield for Prosperity Bancshares?

Prosperity Bancshares announced a quarterly dividend on Wednesday, October 18th. Stockholders of record on Friday, December 15th will be given a dividend of $0.56 per share on Tuesday, January 2nd. This represents a $2.24 dividend on an annualized basis and a yield of 3.55%. The ex-dividend date is Thursday, December 14th. This is an increase from the stock's previous quarterly dividend of $0.55.
Read our dividend analysis for PB
.

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 3.68%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 43.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PB will have a dividend payout ratio of 43.05% 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).

Who are Prosperity Bancshares' major shareholders?

Prosperity Bancshares' stock is owned by a variety of retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (6.18%), Brown Advisory Inc. (2.69%), Morgan Stanley (2.61%), Massachusetts Financial Services Co. MA (2.49%), Wellington Management Group LLP (2.36%) and American Century Companies Inc. (1.15%). Insiders that own company stock include 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.

This page (NYSE:PB) was last updated on 12/2/2023 by MarketBeat.com Staff

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