NYSE:PBProsperity Bancshares Stock Price, Forecast & News

Prosperity Bancshares' stock was trading at $50.81 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PB shares have increased by 7.1% and is now trading at $54.42. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prosperity Bancshares in the last year. There are currently 1 sell rating, 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Prosperity Bancshares.

Prosperity Bancshares is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Prosperity Bancshares.

Prosperity Bancshares will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Prosperity Bancshares, Inc. (NYSE:PB) posted its quarterly earnings data on Wednesday, April, 29th. The bank reported $1.39 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.20 by $0.19. The bank earned $290.42 million during the quarter, compared to the consensus estimate of $281.40 million. Prosperity Bancshares had a net margin of 35.42% and a return on equity of 8.32%. During the same quarter in the prior year, the firm earned $1.18 EPS. View Prosperity Bancshares' earnings history.

Prosperity Bancshares announced a quarterly dividend on Thursday, April 30th. Shareholders of record on Monday, June 15th will be given a dividend of $0.46 per share on Wednesday, July 1st. This represents a $1.84 annualized dividend and a dividend yield of 3.38%. The ex-dividend date is Friday, June 12th. View Prosperity Bancshares' dividend history.

11 brokers have issued twelve-month price objectives for Prosperity Bancshares' shares. Their forecasts range from $66.00 to $78.00. On average, they expect Prosperity Bancshares' share price to reach $72.28 in the next twelve months. This suggests a possible upside of 32.8% from the stock's current price. View analysts' price targets for Prosperity Bancshares.

Media coverage about PB stock has been trending very negative recently, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Prosperity Bancshares earned a media sentiment score of -3.8 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Prosperity Bancshares.

Some companies that are related to Prosperity Bancshares include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), East West Bancorp (EWBC), Cullen/Frost Bankers (CFR) and TCF Financial (TCF). View all competitors.

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 NanoString Technologies (NSTG).

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

Prosperity Bancshares' stock is owned by many different institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (0.39%), Envestnet Asset Management Inc. (0.09%) and Diversified Trust Co (0.01%). Company insiders that own Prosperity Bancshares stock include Asylbek Osmonov, Charlotte M Rasche, David Zalman, H E Timanus Jr, Harrison Stafford II, Kevin J Hanigan, Leah Henderson, Robert H Steelhammer and Robert J Dowdell. View institutional ownership trends for Prosperity Bancshares.

PB stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. View insider buying and selling activity for Prosperity Bancshares.

PB stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, and Diversified Trust Co. 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.

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.

One share of PB stock can currently be purchased for approximately $54.42.

Prosperity Bancshares has a market capitalization of $5.04 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 3,901 workers across the globe.

The official website for Prosperity Bancshares is 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]