S&P 500   3,669.01 (+0.18%)
DOW   29,883.79 (+0.20%)
QQQ   303.85 (+0.13%)
AAPL   123.08 (+0.29%)
MSFT   215.37 (-0.39%)
FB   287.52 (+0.34%)
GOOGL   1,824.97 (+1.65%)
AMZN   3,203.53 (-0.51%)
TSLA   568.82 (-2.73%)
NVDA   541.78 (+1.15%)
BABA   261.32 (-1.02%)
CGC   28.18 (+5.74%)
GE   10.43 (+2.76%)
MU   69.11 (+3.03%)
AMD   93.74 (+1.20%)
T   29.09 (+0.76%)
NIO   47.98 (+5.78%)
F   9.20 (-0.43%)
ACB   10.95 (+12.31%)
NFLX   503.38 (-0.24%)
BA   223.85 (+5.09%)
GILD   61.13 (+0.02%)
DIS   153.61 (+2.79%)
S&P 500   3,669.01 (+0.18%)
DOW   29,883.79 (+0.20%)
QQQ   303.85 (+0.13%)
AAPL   123.08 (+0.29%)
MSFT   215.37 (-0.39%)
FB   287.52 (+0.34%)
GOOGL   1,824.97 (+1.65%)
AMZN   3,203.53 (-0.51%)
TSLA   568.82 (-2.73%)
NVDA   541.78 (+1.15%)
BABA   261.32 (-1.02%)
CGC   28.18 (+5.74%)
GE   10.43 (+2.76%)
MU   69.11 (+3.03%)
AMD   93.74 (+1.20%)
T   29.09 (+0.76%)
NIO   47.98 (+5.78%)
F   9.20 (-0.43%)
ACB   10.95 (+12.31%)
NFLX   503.38 (-0.24%)
BA   223.85 (+5.09%)
GILD   61.13 (+0.02%)
DIS   153.61 (+2.79%)
S&P 500   3,669.01 (+0.18%)
DOW   29,883.79 (+0.20%)
QQQ   303.85 (+0.13%)
AAPL   123.08 (+0.29%)
MSFT   215.37 (-0.39%)
FB   287.52 (+0.34%)
GOOGL   1,824.97 (+1.65%)
AMZN   3,203.53 (-0.51%)
TSLA   568.82 (-2.73%)
NVDA   541.78 (+1.15%)
BABA   261.32 (-1.02%)
CGC   28.18 (+5.74%)
GE   10.43 (+2.76%)
MU   69.11 (+3.03%)
AMD   93.74 (+1.20%)
T   29.09 (+0.76%)
NIO   47.98 (+5.78%)
F   9.20 (-0.43%)
ACB   10.95 (+12.31%)
NFLX   503.38 (-0.24%)
BA   223.85 (+5.09%)
GILD   61.13 (+0.02%)
DIS   153.61 (+2.79%)
S&P 500   3,669.01 (+0.18%)
DOW   29,883.79 (+0.20%)
QQQ   303.85 (+0.13%)
AAPL   123.08 (+0.29%)
MSFT   215.37 (-0.39%)
FB   287.52 (+0.34%)
GOOGL   1,824.97 (+1.65%)
AMZN   3,203.53 (-0.51%)
TSLA   568.82 (-2.73%)
NVDA   541.78 (+1.15%)
BABA   261.32 (-1.02%)
CGC   28.18 (+5.74%)
GE   10.43 (+2.76%)
MU   69.11 (+3.03%)
AMD   93.74 (+1.20%)
T   29.09 (+0.76%)
NIO   47.98 (+5.78%)
F   9.20 (-0.43%)
ACB   10.95 (+12.31%)
NFLX   503.38 (-0.24%)
BA   223.85 (+5.09%)
GILD   61.13 (+0.02%)
DIS   153.61 (+2.79%)
Log in
NYSE:PB

Prosperity Bancshares Stock Forecast, Price & News

$64.77
+0.65 (+1.01 %)
(As of 12/2/2020 04:22 PM ET)
Add
Compare
Today's Range
$63.46
Now: $64.77
$64.79
50-Day Range
$53.40
MA: $58.99
$65.21
52-Week Range
$42.02
Now: $64.77
$75.22
Volume281,952 shs
Average Volume628,563 shs
Market Capitalization$6.00 billion
P/E Ratio12.95
Dividend Yield2.87%
Beta1.38
Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides retail and commercial banking services to businesses and consumers. It accepts various deposit products, such as demand, savings, money market, time accounts; and certificates of deposit. The company also offers 1-4 family residential mortgage, commercial real estate and multifamily residential, commercial and industrial, agricultural real estate, 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 and other cash management, mobile banking, trust and wealth management, retail brokerage, mortgage banking, and automated telephone banking services, as well as debit and credit cards. As of December 31, 2019, the Bank operated 285 full-service banking locations comprising 65 in the Houston area, including The Woodlands; 30 in the South Texas area including Corpus Christi and Victoria; 33 in the Dallas/Fort Worth, Texas area; 22 in the East Texas area; 29 in the Central Texas area, including Austin and San Antonio; 34 in the West Texas area, including Lubbock, Midland-Odessa and Abilene; 16 in the Bryan/College Station area; 6 in the Central Oklahoma area; 8 in the Tulsa, Oklahoma area; and 42 in the Dallas/Fort Worth area doing business as LegacyTexas Bank. Prosperity Bancshares, Inc. was founded in 1983 and is based in Houston, Texas.
Prosperity Bancshares logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.2Community Rank: 1.7Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.04 out of 5 stars


Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Previous SymbolNASDAQ:PRSP
CUSIP74360610
Phone281-269-7199
Employees3,716

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$957.22 million
Cash Flow$5.16 per share
Book Value$63.02 per share

Profitability

Net Income$332.55 million

Miscellaneous

Market Cap$6.00 billion
Next Earnings Date2/3/2021 (Estimated)
OptionableOptionable
$64.77
+0.65 (+1.01 %)
(As of 12/2/2020 04:22 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive PB News and Ratings via Email

Sign-up to receive the latest news and ratings for PB and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Prosperity Bancshares (NYSE:PB) Frequently Asked Questions

How has Prosperity Bancshares' stock been impacted by COVID-19?

Prosperity Bancshares' stock was trading at $50.81 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PB stock has increased by 27.4% and is now trading at $64.71.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Prosperity Bancshares?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prosperity Bancshares in the last year. There are currently 7 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Prosperity Bancshares
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Prosperity Bancshares?

Wall Street analysts have given Prosperity Bancshares a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Prosperity Bancshares wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Prosperity Bancshares' next earnings date?

Prosperity Bancshares is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for Prosperity Bancshares
.

How were Prosperity Bancshares' earnings last quarter?

Prosperity Bancshares, Inc. (NYSE:PB) issued its quarterly earnings results on Wednesday, October, 28th. The bank reported $1.40 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.31 by $0.09. Prosperity Bancshares had a net margin of 36.72% and a return on equity of 8.25%.
View Prosperity Bancshares' earnings history
.

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

Prosperity Bancshares announced a quarterly dividend on Thursday, October 29th. Shareholders of record on Tuesday, December 15th will be given a dividend of $0.49 per share on Monday, January 4th. This represents a $1.96 dividend on an annualized basis and a yield of 3.03%. The ex-dividend date is Monday, December 14th. This is an increase from Prosperity Bancshares's previous quarterly dividend of $0.46.
View Prosperity Bancshares' dividend history
.

What price target have analysts set for PB?

13 equities research analysts have issued 1 year price targets for Prosperity Bancshares' stock. Their forecasts range from $57.00 to $78.00. On average, they expect Prosperity Bancshares' stock price to reach $67.60 in the next twelve months. This suggests a possible upside of 4.5% from the stock's current price.
View analysts' price targets for Prosperity Bancshares
.

Who are some of Prosperity Bancshares' key competitors?

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), The Scotts Miracle-Gro (SMG), Accenture (ACN), AutoZone (AZO), Designer Brands (DBI) and Micron Technology (MU).

Who are Prosperity Bancshares' key executives?

Prosperity Bancshares' management team includes the following people:
  • Mr. David E. Zalman, Sr. Chairman & CEO (Age 63, Pay $3.38M)
  • Mr. H. E. Timanus Jr., Chairman (Age 75, Pay $1.84M)
  • Mr. Kevin J. Hanigan, Pres, COO & Director (Age 63, Pay $1.45M)
  • Mr. Asylbek Osmonov, Chief Financial Officer (Age 40, Pay $472.09k)
  • Mr. Edward Z. Safady, Advisory Director & Vice Chairman (Age 62, Pay $1.83M)
  • Ms. Charlotte M. Rasche J.D., Exec. VP & Gen. Counsel (Age 55)
  • Ms. Lori Wakefield, Sr. VP of Prosperity Bank
  • Mr. Mike Reaves, Sr. VP of Prosperity Bank
  • Mr. Denny W. Buchanan, Sr. VP of Prosperity Bank
  • Mr. Robert J. Dowdell, Exec. VP (Age 63)

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (8.42%), State Street Corp (6.15%), Victory Capital Management Inc. (3.92%), Champlain Investment Partners LLC (3.27%), Massachusetts Financial Services Co. MA (2.31%) and Neuberger Berman Group LLC (2.17%). Company insiders that own Prosperity Bancshares stock include Asylbek Osmonov, Charlotte M Rasche, David Zalman, H E Timanus Jr, Kevin J Hanigan and Robert J Dowdell.
View institutional ownership trends for Prosperity Bancshares
.

Which major investors are selling Prosperity Bancshares stock?

PB stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Morgan Stanley, BlackRock Inc., Victory Capital Management Inc., Cubist Systematic Strategies LLC, Jane Street Group LLC, Los Angeles Capital Management & Equity Research Inc., and Wedge Capital Management L L P NC.
View insider buying and selling activity for Prosperity Bancshares
.

Which major investors are buying Prosperity Bancshares stock?

PB stock was bought by a variety of institutional investors in the last quarter, including Champlain Investment Partners LLC, Great West Life Assurance Co. Can, Neuberger Berman Group LLC, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Stieven Capital Advisors L.P., Alaska Permanent Fund Corp, Massachusetts Financial Services Co. MA, and Snyder Capital Management L P. Company insiders that have bought Prosperity Bancshares stock in the last two years include Asylbek Osmonov, Charlotte M Rasche, David Zalman, H E Timanus Jr, and Kevin J Hanigan.
View insider buying and selling activity for Prosperity Bancshares
.

How do I buy shares of 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, Robinhood, Fidelity, and Charles Schwab.

What is Prosperity Bancshares' stock price today?

One share of PB stock can currently be purchased for approximately $64.71.

How big of a company is Prosperity Bancshares?

Prosperity Bancshares has a market capitalization of $5.99 billion and generates $957.22 million in revenue each year. The bank earns $332.55 million in net income (profit) each year or $5.02 on an earnings per share basis. Prosperity Bancshares employs 3,716 workers across the globe.

What is Prosperity Bancshares' official website?

The official website for Prosperity Bancshares is www.prosperitybankusa.com.

How can I contact Prosperity Bancshares?

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]

This page was last updated on 12/2/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.