NYSE:PB - Prosperity Bancshares Stock Price, Forecast & News

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

Prosperity Bancshares declared a quarterly dividend on Wednesday, October 23rd. Investors of record on Monday, December 16th will be paid a dividend of $0.46 per share on Thursday, January 2nd. This represents a $1.84 annualized dividend and a yield of 2.60%. The ex-dividend date is Friday, December 13th. This is a boost from Prosperity Bancshares's previous quarterly dividend of $0.41. View Prosperity Bancshares' Dividend History.

Prosperity Bancshares, Inc. (NYSE:PB) announced its earnings results on Wednesday, October, 23rd. The bank reported $1.19 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.18 by $0.01. The bank had revenue of $184.67 million for the quarter, compared to the consensus estimate of $187.48 million. Prosperity Bancshares had a return on equity of 8.02% and a net margin of 38.03%. The company's revenue was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.18 EPS. View Prosperity Bancshares' Earnings History.

Prosperity Bancshares is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Prosperity Bancshares.

Prosperity Bancshares will be holding an earnings conference call on Wednesday, January 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.

7 analysts have issued 12 month target prices for Prosperity Bancshares' shares. Their forecasts range from $62.71 to $82.00. On average, they anticipate Prosperity Bancshares' share price to reach $73.20 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price. View Analyst Price Targets for Prosperity Bancshares.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prosperity Bancshares in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Prosperity Bancshares.

Media headlines about PB stock have been trending somewhat positive on Monday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Prosperity Bancshares earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Prosperity Bancshares.

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

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), NanoString Technologies (NSTG) and Designer Brands (DBI).

Prosperity Bancshares' stock is owned by many different of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.51%), Kwmg LLC (0.06%), Nisa Investment Advisors LLC (0.04%), Louisiana State Employees Retirement System (0.03%), State of Alaska Department of Revenue (0.02%) and New England Research & Management Inc. (0.02%). Company insiders that own Prosperity Bancshares stock include David Hollaway, H E Timanus Jr, Harrison Stafford II, Kevin J Hanigan, Leah Henderson, Michael Epps, Ned S Holmes, Randy Hester, 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 Wedge Capital Management L L P NC, New England Research & Management Inc., Nisa Investment Advisors LLC and Huntington National Bank. View Insider Buying and Selling for Prosperity Bancshares.

PB stock was purchased by a variety of institutional investors in the last quarter, including Alpine Global Management LLC, Louisiana State Employees Retirement System, State of Alaska Department of Revenue, Kwmg LLC and Diversified Trust Co. Company insiders that have bought Prosperity Bancshares stock in the last two years include H E Timanus Jr and Kevin J Hanigan. 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, Robinhood, Fidelity and Charles Schwab.

One share of PB stock can currently be purchased for approximately $70.66.

Prosperity Bancshares has a market capitalization of $4.83 billion and generates $843.22 million in revenue each year. The bank earns $321.81 million in net income (profit) each year or $4.61 on an earnings per share basis. Prosperity Bancshares employs 3,036 workers across the globe.View Additional Information About Prosperity Bancshares.

The official website for Prosperity Bancshares is http://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]