Log in

NYSE:PBProsperity Bancshares Stock Price, Forecast & News

$57.36
+0.01 (+0.02 %)
(As of 07/6/2020 04:00 PM ET)
Add
Compare
Today's Range
$56.93
Now: $57.36
$59.38
50-Day Range
$55.52
MA: $61.79
$71.43
52-Week Range
$42.02
Now: $57.36
$75.22
Volume330,166 shs
Average Volume771,007 shs
Market Capitalization$5.32 billion
P/E Ratio12.03
Dividend Yield3.21%
Beta1.47
Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides retail and commercial banking services to small and medium-sized businesses, and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts. The company also offers 1-4 family residential mortgage, commercial mortgage 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. 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, 2018, the company operated 242 full service banking locations comprising 65 in the Houston area, including The Woodlands; 29 in the South Texas area consisting of Corpus Christi and Victoria; 33 in the Dallas/Fort Worth area; 22 in the East Texas area; 29 in the Central Texas area comprising 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; and 8 in the Tulsa, Oklahoma area. Prosperity Bancshares, Inc. was founded in 1983 and is based in Houston, Texas.
Read More
Prosperity Bancshares logo

Beat the Market (BTM) Rank

Analyst Opinion: 4.2Community Rank: 1.7Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.58 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$957.22 million
Cash Flow$4.42 per share
Book Value$63.02 per share

Profitability

Net Income$332.55 million

Miscellaneous

Employees3,901
Market Cap$5.32 billion
Next Earnings Date7/29/2020 (Confirmed)
OptionableOptionable

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.

Prosperity Bancshares (NYSE:PB) Frequently Asked Questions

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

Prosperity Bancshares' stock was trading at $50.81 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PB shares have increased by 12.9% and is now trading at $57.36. View which stocks have been most impacted by Coronavirus.

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

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.

When is Prosperity Bancshares' next earnings date?

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

How can I listen to Prosperity Bancshares' earnings call?

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.

How were Prosperity Bancshares' earnings last quarter?

Prosperity Bancshares, Inc. (NYSE:PB) released its earnings results on Wednesday, April, 29th. The bank reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.19. The bank had revenue of $290.42 million for the quarter, compared to analysts' expectations 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 last year, the company earned $1.18 EPS. View Prosperity Bancshares' earnings history.

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

Prosperity Bancshares declared a quarterly dividend on Thursday, April 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.46 per share on Wednesday, July 1st. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.21%. The ex-dividend date of this dividend is Friday, June 12th. View Prosperity Bancshares' dividend history.

What price target have analysts set for PB?

11 brokerages have issued 12 month price targets for Prosperity Bancshares' stock. Their forecasts range from $66.00 to $78.00. On average, they expect Prosperity Bancshares' stock price to reach $72.28 in the next year. This suggests a possible upside of 26.0% from the stock's current price. View analysts' price targets for Prosperity Bancshares.

Has Prosperity Bancshares been receiving favorable news coverage?

News articles about PB stock have been trending negative this week, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Prosperity Bancshares earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned news stories about the bank a news buzz of 0.0 out of 10, meaning 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.

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), Scotts Miracle-Gro (SMG), Accenture (ACN), AutoZone (AZO), Designer Brands (DBI) and NanoString Technologies (NSTG).

Who are Prosperity Bancshares' key executives?

Prosperity Bancshares' management team includes the following people:
  • Mr. David E. Zalman, Sr. Chairman & CEO (Age 62)
  • Mr. H. E. Timanus Jr., Vice Chairman (Age 74)
  • Mr. Edward Z. Safady, Pres (Age 61)
  • Ms. Charlotte M. Rasche J.D., Exec. VP & Gen. Counsel (Age 54)
  • Mr. Randy D. Hester, Exec. VP (Age 60)

What is Prosperity Bancshares' stock symbol?

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

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 $57.36.

How big of a company is Prosperity Bancshares?

Prosperity Bancshares has a market capitalization of $5.32 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.

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 7/7/2020 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

  • Best-in-Class Portfolio Monitoring

    View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

  • Stock Ideas and Recommendations

    Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

  • Advanced Stock Screeners and Research Tools

    Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

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.