NYSE:PB Prosperity Bancshares - PB Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Prosperity Bancshares, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $60.05 -1.03 (-1.69%) (As of 03/23/2023 01:57 PM ET) Add Compare Share Share Today's Range$59.92▼$61.4150-Day Range$61.08▼$78.5552-Week Range$58.25▼$78.76Volume435,676 shsAverage Volume669,413 shsMarket Capitalization$5.48 billionP/E Ratio10.48Dividend Yield3.66%Price Target$76.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Prosperity Bancshares MarketRank™ ForecastAnalyst RatingHold2.38 Rating ScoreUpside/Downside25.0% Upside$75.45 Price TargetShort InterestHealthy2.83% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.37Upright™ Environmental ScoreNews Sentiment-0.06Based on 9 Articles This WeekInsider TradingAcquiring Shares$62,900 Bought Last QuarterProj. Earnings Growth8.70%From $5.86 to $6.37 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.39 out of 5 starsFinance Sector110th out of 876 stocksState Commercial Banks Industry28th out of 180 stocks 3.2 Analyst's Opinion Consensus RatingProsperity Bancshares has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 4 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $75.45, Prosperity Bancshares has a forecasted upside of 25.0% from its current price of $60.35.Amount of Analyst CoverageProsperity Bancshares has only been the subject of 4 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.83% of the float of Prosperity Bancshares has been sold short.Short Interest Ratio / Days to CoverProsperity Bancshares has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in Prosperity Bancshares has recently decreased by 12.72%, indicating that investor sentiment is improving significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipProsperity Bancshares is a leading dividend payer. It pays a dividend yield of 3.54%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthProsperity Bancshares has been increasing its dividend for 25 years.Dividend CoverageThe dividend payout ratio of Prosperity Bancshares is 38.39%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Prosperity Bancshares will have a dividend payout ratio of 34.54% next year. This indicates that Prosperity Bancshares will be able to sustain or increase its dividend. Previous Next 3.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreProsperity Bancshares has received a 43.98% net impact score from Upright. Prosperity Bancshares seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Wire transfer services", "Home equity loans", "Mortgages", "Credit cards", "Fixed interest accounts", and "Development loans for corporations" products. See details.Environmental SustainabilityThe Environmental Impact score for Prosperity Bancshares is -0.37. Previous Next 2.2 News and Social Media Coverage News SentimentProsperity Bancshares has a news sentiment score of -0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Prosperity Bancshares this week, compared to 2 articles on an average week.Search Interest6 people have searched for PB on MarketBeat in the last 30 days. MarketBeat Follows7 people have added Prosperity Bancshares to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Prosperity Bancshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $62,900.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 4.22% of the stock of Prosperity Bancshares is held by insiders.Percentage Held by Institutions81.32% of the stock of Prosperity Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Prosperity Bancshares are expected to grow by 8.70% in the coming year, from $5.86 to $6.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Prosperity Bancshares is 10.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Prosperity Bancshares is 10.53, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 139.76.Price to Earnings Growth RatioProsperity Bancshares has a PEG Ratio of 1.06. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioProsperity Bancshares has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Prosperity Bancshares (NYSE:PB) StockProsperity Bancshares, Inc. is a holding company, which engages in the provision of financial products and solutions. It offers retail and commercial banking services such as deposits, online Internet banking, loan, investments, trust, and credit card to small and medium-sized businesses and consumers. The company was founded by Tracy T. Rudolph in 1983 and is headquartered in Houston, TX.Read More Receive PB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Prosperity Bancshares and its competitors with MarketBeat's FREE daily newsletter. Email Address PB Stock News HeadlinesMarch 23, 2023 | finance.yahoo.comIn the wake of Prosperity Bancshares, Inc.'s (NYSE:PB) latest US$328m market cap drop, institutional owners may be forced to take severe actionsMarch 18, 2023 | cnbc.comThese stocks are table-pounding buys as bank fears linger, analysts sayMarch 23, 2023 | Weiss Ratings (Ad)Banking NightmareDuring and after the Great Financial Crisis of 2008, 485 U.S. banks went under. Here at Weiss Ratings, we warned about 484 — an accuracy rate of 99.8%. Now, we have a new warning. But this time, it's not just about a few hundred banks … it's about nearly every single bank in America …March 16, 2023 | americanbankingnews.comH E. Timanus, Jr. Purchases 1,000 Shares of Prosperity Bancshares, Inc. (NYSE:PB) StockMarch 16, 2023 | americanbankingnews.comProsperity Bancshares (NYSE:PB) Coverage Initiated at StockNews.comMarch 15, 2023 | americanbankingnews.comQ1 2023 EPS Estimates for Prosperity Bancshares, Inc. Decreased by Analyst (NYSE:PB)March 14, 2023 | msn.comDA Davidson Upgrades Prosperity Bancshares (PB)March 14, 2023 | americanbankingnews.comProsperity Bancshares (NYSE:PB) Raised to Buy at DA DavidsonMarch 23, 2023 | Weiss Ratings (Ad)Banking NightmareDuring and after the Great Financial Crisis of 2008, 485 U.S. banks went under. Here at Weiss Ratings, we warned about 484 — an accuracy rate of 99.8%. Now, we have a new warning. But this time, it's not just about a few hundred banks … it's about nearly every single bank in America …March 13, 2023 | msn.comJanney Montgomery Scott Upgrades Prosperity Bancshares (PB)March 13, 2023 | 247wallst.comOpening Bell Analysts Research Calls for Monday, March 13March 13, 2023 | americanbankingnews.comProsperity Bancshares (NYSE:PB) Lifted to "Buy" at Janney Montgomery ScottMarch 7, 2023 | finance.yahoo.comFarmers National (FMNB) Up on New Share Buyback Plan AnnouncementFebruary 26, 2023 | thestreet.comProsperity Stock To Go Ex-dividend Tomorrow (PB)February 24, 2023 | finance.yahoo.comInvestors in Prosperity Bancshares (NYSE:PB) have made a return of 26% over the past three yearsJanuary 27, 2023 | 247wallst.comProsperity Bancshares (PB) Declares $0.55 DividendJanuary 26, 2023 | finance.yahoo.comProsperity Bancshares reports Q4 2022 earnings growth, modest yearly increasesJanuary 26, 2023 | nasdaq.comProsperity Bancshares (PB) Up on Q4 Earnings Beat, Revenue RiseJanuary 25, 2023 | seekingalpha.comProsperity Bancshares, Inc. (PB) Q4 2022 Earnings Call TranscriptJanuary 25, 2023 | msn.comProsperity Bancshares GAAP EPS of $1.51 beats by $0.01, revenue of $293.86M misses by $1.97MJanuary 25, 2023 | finance.yahoo.comPROSPERITY BANCSHARES, INC.® REPORTS FOURTH QUARTER 2022 EARNINGSJanuary 23, 2023 | finance.yahoo.com4 big stock buybacks: Costco, Kinder MorganJanuary 19, 2023 | finance.yahoo.comProsperity Bancshares, Inc. (NYSE:PB) insider upped their holding by 0.4% earlier this yearJanuary 18, 2023 | msn.comProsperity Bancshares declares $0.55 dividendJanuary 18, 2023 | msn.comProsperity Bancshares announces roughly 4.6M share buybackJanuary 6, 2023 | seekingalpha.comProsperity Bancshares: Earnings Outlook Is Bright But Valuation Is Not AttractiveDecember 20, 2022 | finance.yahoo.comPROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS FOURTH QUARTER 2022 EARNINGS CONFERENCE CALLSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Prosperity Bancshares and its competitors with MarketBeat's FREE daily newsletter. Email Address PB Company Calendar Ex-Dividend for 1/3 Dividend12/14/2022Dividend Payable1/03/2023Last Earnings1/25/2023Ex-Dividend for 4/3 Dividend3/14/2023Today3/23/2023Dividend Payable4/03/2023Next Earnings (Estimated)4/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNYSE:PB Previous SymbolNASDAQ:PRSP CUSIP74360610 CIK1068851 Webwww.prosperitybankusa.com Phone(281) 269-7199Fax281-269-7222Employees3,633Year FoundedN/APrice Target and Rating Average Stock Price Forecast$76.00 High Stock Price Forecast$85.00 Low Stock Price Forecast$63.00 Forecasted Upside/Downside+24.4%Consensus RatingHold Rating Score (0-4)2.38 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$5.73 Trailing P/E Ratio10.66 Forward P/E Ratio10.42 P/E Growth1.06Net Income$524.52 million Net Margins42.30% Pretax Margin53.72% Return on Equity7.97% Return on Assets1.39% Debt Debt-to-Equity RatioN/A Current Ratio0.62 Quick Ratio0.62 Sales & Book Value Annual Sales$1.24 billion Price / Sales4.50 Cash Flow$6.41 per share Price / Cash Flow9.53 Book Value$73.37 per share Price / Book0.83Miscellaneous Outstanding Shares91,310,000Free Float87,456,000Market Cap$5.58 billion OptionableOptionable Beta0.99 Key ExecutivesDavid E. ZalmanSenior Chairman & Chief Executive OfficerKevin J. HaniganPresident, Chief Operating Officer & DirectorAsylbek OsmonovChief Financial OfficerRandy HesterChief Lending Officer & Executive Vice PresidentCharlotte M. RascheExecutive Vice President & General CounselKey CompetitorsSouthStateNASDAQ:SSBSVB Financial GroupNASDAQ:SIVBUnited BanksharesNASDAQ:UBSIGlacier BancorpNASDAQ:GBCIHome Bancshares, Inc. (Conway, AR)NYSE:HOMBView All CompetitorsInsiders & InstitutionsH E Timanus JrBought 1,000 shares on 3/13/2023Total: $62,900.00 ($62.90/share)North Star Asset Management Inc.Bought 6,260 shares on 3/6/2023Ownership: 0.172%Voya Investment Management LLCSold 4,814 shares on 2/28/2023Ownership: 0.196%Northwestern Mutual Investment Management Company LLCSold 4,722 shares on 2/21/2023Ownership: 0.009%Alliancebernstein L.P.Sold 5,761 shares on 2/16/2023Ownership: 0.146%View All Insider TransactionsView All Institutional Transactions PB Stock - Frequently Asked Questions Should I buy or sell Prosperity Bancshares stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prosperity Bancshares in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PB, but not buy additional shares or sell existing shares. View PB analyst ratings or view top-rated stocks. What is Prosperity Bancshares' stock price forecast for 2023? 8 analysts have issued 1 year price objectives for Prosperity Bancshares' stock. Their PB share price forecasts range from $63.00 to $85.00. On average, they predict the company's stock price to reach $76.00 in the next year. This suggests a possible upside of 24.4% from the stock's current price. View analysts price targets for PB or view top-rated stocks among Wall Street analysts. How have PB shares performed in 2023? Prosperity Bancshares' stock was trading at $72.68 at the beginning of the year. Since then, PB stock has decreased by 16.0% and is now trading at $61.08. View the best growth stocks for 2023 here. Are investors shorting Prosperity Bancshares? Prosperity Bancshares saw a decrease in short interest during the month of February. As of February 28th, there was short interest totaling 2,470,000 shares, a decrease of 12.7% from the February 13th total of 2,830,000 shares. Based on an average daily trading volume, of 469,200 shares, the short-interest ratio is currently 5.3 days. Approximately 2.8% of the shares of the company are short sold. View Prosperity Bancshares' Short Interest. When is Prosperity Bancshares' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023. View our PB earnings forecast. How were Prosperity Bancshares' earnings last quarter? Prosperity Bancshares, Inc. (NYSE:PB) posted its quarterly earnings data on Wednesday, January, 25th. The bank reported $1.51 EPS for the quarter, topping analysts' consensus estimates of $1.50 by $0.01. The bank earned $346.32 million during the quarter, compared to the consensus estimate of $296.52 million. Prosperity Bancshares had a trailing twelve-month return on equity of 7.97% and a net margin of 42.30%. During the same quarter last year, the company earned $1.38 earnings per share. How often does Prosperity Bancshares pay dividends? What is the dividend yield for Prosperity Bancshares? Prosperity Bancshares announced a quarterly dividend on Wednesday, January 18th. Investors of record on Wednesday, March 15th will be paid a dividend of $0.55 per share on Monday, April 3rd. This represents a $2.20 annualized dividend and a dividend yield of 3.60%. The ex-dividend date of this dividend is Tuesday, March 14th. Read our dividend analysis for PB. What ETFs hold Prosperity Bancshares' stock? ETFs with the largest weight of Prosperity Bancshares (NYSE:PB) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), iShares Focused Value Factor ETF (FOVL), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), Invesco S&P MidCap Low Volatility ETF (XMLV), iShares U.S. Regional Banks ETF (IAT) and Invesco S&P MidCap Momentum ETF (XMMO). Is Prosperity Bancshares a good dividend stock? Prosperity Bancshares (NYSE:PB) pays an annual dividend of $2.20 per share and currently has a dividend yield of 3.54%. The company has been increasing its dividend for 25 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 38.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PB will have a dividend payout ratio of 34.54% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PB. What is David Zalman's approval rating as Prosperity Bancshares' CEO? 72 employees have rated Prosperity Bancshares Chief Executive Officer David Zalman on Glassdoor.com. David Zalman has an approval rating of 52% among the company's employees. This puts David Zalman in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 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 Micron Technology (MU). 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 many different institutional and retail investors. Top institutional shareholders include Victory Capital Management Inc. (6.24%), Victory Capital Management Inc. (6.24%), American Century Companies Inc. (2.93%), Brown Advisory Inc. (2.80%), Morgan Stanley (2.62%) and Neuberger Berman Group LLC (2.32%). Insiders that own company stock include David Zalman, George A Fisk, H E Timanus Jr, Robert H Steelhammer and Robert J Dowdell. View institutional ownership trends. How do I buy shares of Prosperity Bancshares? Shares of PB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Prosperity Bancshares' stock price today? One share of PB stock can currently be purchased for approximately $61.08. How much money does Prosperity Bancshares make? Prosperity Bancshares (NYSE:PB) has a market capitalization of $5.58 billion and generates $1.24 billion in revenue each year. The bank earns $524.52 million in net income (profit) each year or $5.73 on an earnings per share basis. How many employees does Prosperity Bancshares have? The company employs 3,633 workers across the globe. How can I contact Prosperity Bancshares? Prosperity Bancshares' mailing address is 4295 SAN FELIPE, HOUSTON TX, 77027. The official website for the company is www.prosperitybankusa.com. The bank can be reached via phone at (281) 269-7199, via email at investor.relations@prosperitybanktx.com, or via fax at 281-269-7222. This page (NYSE:PB) was last updated on 3/23/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from 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. 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