NYSE:PB - Prosperity Bancshares Stock Price, News, & Analysis

Prosperity Bancshares trades on the New York Stock Exchange (NYSE) under the ticker symbol "PB."

Prosperity Bancshares declared a quarterly dividend on Thursday, January 31st. Investors of record on Friday, March 15th will be given a dividend of $0.41 per share on Monday, April 1st. This represents a $1.64 annualized dividend and a dividend yield of 2.19%. The ex-dividend date is Thursday, March 14th. View Prosperity Bancshares' Dividend History.

Prosperity Bancshares announced that its Board of Directors has authorized a stock repurchase plan on Friday, January 19th 2018, which allows the company to buyback 3,470,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's management believes its shares are undervalued.

Prosperity Bancshares, Inc. (NYSE:PB) issued its quarterly earnings data on Wednesday, January, 30th. The bank reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.18 by $0.01. The bank had revenue of $186.33 million for the quarter, compared to analyst estimates of $188.17 million. Prosperity Bancshares had a net margin of 38.17% and a return on equity of 8.12%. The company's quarterly revenue was up .6% on a year-over-year basis. During the same period last year, the firm earned $0.99 earnings per share. View Prosperity Bancshares' Earnings History.

Prosperity Bancshares is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Prosperity Bancshares.

8 analysts have issued 1-year price targets for Prosperity Bancshares' shares. Their predictions range from $70.00 to $84.00. On average, they anticipate Prosperity Bancshares' stock price to reach $74.2857 in the next twelve months. This suggests that the stock has a possible downside of 0.7%. View Analyst Price Targets for Prosperity Bancshares.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prosperity Bancshares in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Prosperity Bancshares.

Media stories about PB stock have been trending neutral recently, InfoTrie reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Prosperity Bancshares earned a daily sentiment score of 0.4 on InfoTrie's scale. They also assigned news articles about the bank a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the immediate future.

Some companies that are related to Prosperity Bancshares include Northern Trust (NTRS), Deutsche Bank (DB), Fifth Third Bancorp (FITB), Citizens Financial Group (CFG), SVB Financial Group (SIVB), East West Bancorp (EWBC), Signature Bank (SBNY), Commerce Bancshares (CBSH), Popular (BPOP), First Citizens BancShares (FCNCA), Western Alliance Bancorporation (WAL), Investors Bancorp (ISBC), IBERIABANK (IBKC), First Financial Bankshares (FFIN) and Bank Ozk (OZK).

Prosperity Bancshares' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.67%), Victory Capital Management Inc. (4.90%), Atlanta Capital Management Co. L L C (4.70%), Findlay Park Partners LLP (4.07%), Dimensional Fund Advisors LP (2.49%) and Oregon Public Employees Retirement Fund (2.35%). Company insiders that own Prosperity Bancshares stock include David Hollaway, H E Timanus Jr, Harrison Stafford II, Leah Henderson, Michael Epps, Ned S Holmes, Randy Hester and Robert H Steelhammer. View Institutional Ownership Trends for Prosperity Bancshares.

PB stock was sold by a variety of institutional investors in the last quarter, including Findlay Park Partners LLP, Wedge Capital Management L L P NC, Deprince Race & Zollo Inc., Comerica Bank, Foresters Investment Management Company Inc., Copeland Capital Management LLC, Barclays PLC and SG Americas Securities LLC. Company insiders that have sold Prosperity Bancshares company stock in the last year include Harrison Stafford II, Leah Henderson, Ned S Holmes, Randy Hester and Robert H Steelhammer. View Insider Buying and Selling for Prosperity Bancshares.

PB stock was bought by a variety of institutional investors in the last quarter, including Atlanta Capital Management Co. L L C, Oregon Public Employees Retirement Fund, Victory Capital Management Inc., BlackRock Inc., Private Management Group Inc., Bank of America Corp DE, Millennium Management LLC and Massachusetts Financial Services Co. MA. View Insider Buying and Selling for Prosperity Bancshares.

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

One share of PB stock can currently be purchased for approximately $74.82.

Prosperity Bancshares has a market capitalization of $5.23 billion and generates $843.22 million in revenue each year. The bank earns $321.81 million in net income (profit) each year or $4.61 on an earnings per share basis. Prosperity Bancshares employs 3,017 workers across the globe.

The official website for Prosperity Bancshares is http://www.prosperitybankusa.com.

Prosperity Bancshares' mailing address is 4295 SAN FELIPE, HOUSTON TX, 77027. The bank can be reached via phone at 281-269-7199 or via email at [email protected]