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 announced a quarterly dividend on Thursday, July 26th. Stockholders of record on Saturday, September 15th will be paid a dividend of $0.36 per share on Monday, October 1st. This represents a $1.44 annualized dividend and a dividend yield of 1.92%. The ex-dividend date of this dividend is Thursday, September 13th. View Prosperity Bancshares' Dividend History.

Prosperity Bancshares declared that its board has authorized a stock repurchase program on Friday, January 19th 2018, which authorizes the company to repurchase 3,470,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its shares are undervalued.

Prosperity Bancshares, Inc. (NYSE:PB) announced its quarterly earnings data on Wednesday, July, 25th. The bank reported $1.17 earnings per share for the quarter, beating analysts' consensus estimates of $1.15 by $0.02. The bank had revenue of $190.17 million for the quarter, compared to analyst estimates of $186.33 million. Prosperity Bancshares had a return on equity of 7.59% and a net margin of 35.75%. The firm's quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.99 earnings per share. View Prosperity Bancshares' Earnings History.

Prosperity Bancshares is scheduled to release their next quarterly earnings announcement on Wednesday, October, 24th 2018. View Earnings Estimates for Prosperity Bancshares.

9 analysts have issued 12-month target prices for Prosperity Bancshares' stock. Their forecasts range from $70.00 to $79.00. On average, they anticipate Prosperity Bancshares' stock price to reach $74.3333 in the next year. This suggests that the stock has a possible downside of 1.1%. View Analyst Price Targets for Prosperity Bancshares.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prosperity Bancshares in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Prosperity Bancshares.

Some companies that are related to Prosperity Bancshares include Fifth Third Bancorp (FITB), Citizens Financial Group (CFG), SVB Financial Group (SIVB), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Signature Bank (SBNY), Western Alliance Bancorporation (WAL), First Citizens BancShares Inc. Class A (FCNCA), Bank Of The Ozarks (OZRK), Bank Ozk (OZK), Popular (BPOP), Wintrust Financial (WTFC), IBERIABANK (IBKC), Associated Banc (ASB) and Texas Capital Bancshares (TCBI).

News articles about PB stock have trended somewhat negative on Monday, according to Accern. The research group rates the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Prosperity Bancshares earned a coverage optimism score of -0.15 on Accern's scale. They also assigned media headlines about the bank an impact score of 41.11 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for Prosperity Bancshares.

Prosperity Bancshares' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.49%), FMR LLC (6.06%), Findlay Park Partners LLP (4.19%), Janus Henderson Group PLC (2.94%), Dimensional Fund Advisors LP (2.48%) and Macquarie Group Ltd. (1.50%). Company insiders that own Prosperity Bancshares stock include David Hollaway, Edward Z Safady, Harrison Stafford II, Leah Henderson, Michael Epps, Ned S Holmes, Perry Mueller Jr, 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 FMR LLC, Wasatch Advisors Inc., Fisher Asset Management LLC, Tiverton Asset Management LLC, Amica Mutual Insurance Co., Mutual of America Capital Management LLC, Wedge Capital Management L L P NC and Amica Pension Fund Board of Trustees. Company insiders that have sold Prosperity Bancshares company stock in the last year include David Hollaway, Harrison Stafford II, Michael Epps, 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 Findlay Park Partners LLP, Millennium Management LLC, Envestnet Asset Management Inc., Russell Investments Group Ltd., Raymond James & Associates, BlackRock Inc., Skba Capital 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 $75.14.

Prosperity Bancshares has a market capitalization of $5.09 billion and generates $793.99 million in revenue each year. The bank earns $272.16 million in net income (profit) each year or $3.94 on an earnings per share basis. Prosperity Bancshares employs 3,017 workers across the globe.

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]