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. $78.25 +0.72 (+0.93%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$77.23▼$78.4450-Day Range$68.17▼$78.2552-Week Range$64.69▼$78.43Volume527,120 shsAverage Volume489,291 shsMarket Capitalization$7.15 billionP/E Ratio13.66Dividend Yield2.81%Price Target$75.40 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Prosperity Bancshares MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside3.6% Downside$75.40 Price TargetShort InterestBearish2.79% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.37Upright™ Environmental ScoreNews Sentiment0.25Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth9.04%From $5.86 to $6.39 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.2.12 out of 5 starsFinance Sector501st out of 858 stocksState Commercial Banks Industry111th out of 180 stocks 1.0 Analyst's Opinion Consensus RatingProsperity Bancshares has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $75.40, Prosperity Bancshares has a forecasted downside of 3.6% from its current price of $78.25.Amount of Analyst CoverageProsperity Bancshares has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.79% 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 5.6.Change versus previous monthShort interest in Prosperity Bancshares has recently increased by 15.09%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldProsperity Bancshares pays a meaningful dividend of 2.81%, higher than the bottom 25% of all stocks that pay dividends.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 34.43% 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 1.8 News and Social Media Coverage News SentimentProsperity Bancshares has a news sentiment score of 0.25. 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 0.55 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Prosperity Bancshares this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 3 people have added Prosperity Bancshares to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Prosperity Bancshares insiders have not sold or bought any 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Prosperity Bancshares are expected to grow by 9.04% in the coming year, from $5.86 to $6.39 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Prosperity Bancshares is 13.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.86.Price to Earnings Ratio vs. SectorThe P/E ratio of Prosperity Bancshares is 13.66, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 182.81.Price to Earnings Growth RatioProsperity Bancshares has a PEG Ratio of 1.33. 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 1.07. P/B Ratios below 3 indicates that a company is reasonably valued 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 HeadlinesFebruary 5, 2023 | americanbankingnews.comProsperity Bancshares, Inc. (NYSE:PB) Receives $75.11 Consensus Target Price from BrokeragesFebruary 1, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Prosperity Bancshares, Inc. Lowered by Analyst (NYSE:PB)February 5, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...January 29, 2023 | americanbankingnews.comJanney Montgomery Scott Lowers Prosperity Bancshares (NYSE:PB) to NeutralJanuary 29, 2023 | americanbankingnews.comEquities Analysts Issue Forecasts for Prosperity Bancshares, Inc.'s Q1 2023 Earnings (NYSE:PB)January 27, 2023 | 247wallst.comProsperity Bancshares (PB) Declares $0.55 DividendJanuary 27, 2023 | americanbankingnews.comProsperity Bancshares, Inc. to Post Q1 2023 Earnings of $1.42 Per Share, DA Davidson Forecasts (NYSE:PB)January 26, 2023 | finance.yahoo.comProsperity Bancshares reports Q4 2022 earnings growth, modest yearly increasesFebruary 5, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...January 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 CALLDecember 9, 2022 | finance.yahoo.comProsperity Bancshares (NYSE:PB) Is Paying Out A Larger Dividend Than Last YearNovember 22, 2022 | finance.yahoo.comBank7 Corp (BSVN) Stock Up on 33.3% Hike in Quarterly DividendNovember 18, 2022 | finance.yahoo.comKeyCorp (KEY) Stock Up on 5.1% Hike in Quarterly DividendNovember 15, 2022 | finance.yahoo.comBank OZK (OZK) Stock Up 1.3% on New Share Repurchase PlanNovember 8, 2022 | finance.yahoo.comProsperity Bancshares Third Quarter 2022 Earnings: In Line With ExpectationsNovember 5, 2022 | finance.yahoo.comProsperity Bancshares' (NYSE:PB) Dividend Will Be Increased To $0.55October 27, 2022 | finance.yahoo.comProsperity Bancshares (PB) Dips on Q3 Earnings Miss, Cost HikeOctober 26, 2022 | seekingalpha.comProsperity Bancshares, Inc. (PB) Q3 2022 Earnings Call TranscriptSee 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 Earnings1/25/2023Today2/05/2023Ex-Dividend for 4/3 Dividend3/14/2023Dividend 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) 269-7199Fax281-269-7222Employees3,704Year FoundedN/APrice Target and Rating Average Stock Price Forecast$75.40 High Stock Price Forecast$82.00 Low Stock Price Forecast$63.00 Forecasted Upside/Downside-3.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$5.73 Trailing P/E Ratio13.66 Forward P/E Ratio13.35 P/E Growth1.33Net 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 / Sales5.76 Cash Flow$6.06 per share Price / Cash Flow12.92 Book Value$73.37 per share Price / Book1.07Miscellaneous Outstanding Shares91,310,000Free Float87,456,000Market Cap$7.15 billion OptionableOptionable Beta0.98 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:SSBCommerce BancsharesNASDAQ:CBSHWintrust FinancialNASDAQ:WTFCWestern Alliance BancorporationNYSE:WALUnited BanksharesNASDAQ:UBSIView All CompetitorsInsiders & InstitutionsPrivate Management Group Inc.Bought 397 shares on 2/3/2023Ownership: 0.494%Fisher Asset Management LLCSold 15,371 shares on 2/3/2023Ownership: 0.395%Hodges Capital Management Inc.Bought 47,388 shares on 2/3/2023Ownership: 0.105%OLD National Bancorp INBought 1,307 shares on 2/3/2023Ownership: 0.093%Sepio Capital LPSold 2,919 shares on 2/3/2023Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions PB Stock - Frequently Asked Questions Should I buy or sell Prosperity Bancshares stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prosperity Bancshares in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 1 buy rating 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? 7 Wall Street research analysts have issued 1 year price targets for Prosperity Bancshares' stock. Their PB share price forecasts range from $63.00 to $82.00. On average, they predict the company's stock price to reach $75.40 in the next twelve months. This suggests that the stock has a possible downside of 3.6%. 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 on January 1st, 2023. Since then, PB stock has increased by 7.7% and is now trading at $78.25. View the best growth stocks for 2023 here. Are investors shorting Prosperity Bancshares? Prosperity Bancshares saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 2,440,000 shares, an increase of 15.1% from the December 31st total of 2,120,000 shares. Based on an average trading volume of 438,900 shares, the short-interest ratio is currently 5.6 days. Approximately 2.8% of the shares of the stock 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 earnings results on Wednesday, January, 25th. The bank reported $1.51 EPS for the quarter, beating the consensus estimate of $1.50 by $0.01. The bank had revenue of $346.32 million for the quarter, compared to analyst estimates of $296.52 million. Prosperity Bancshares had a net margin of 42.30% and a trailing twelve-month return on equity of 7.97%. During the same quarter in the prior year, the business posted $1.38 EPS. 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. Shareholders of record on Wednesday, March 15th will be given a dividend of $0.55 per share on Monday, April 3rd. This represents a $2.20 annualized dividend and a dividend yield of 2.81%. The ex-dividend date of this dividend is Tuesday, March 14th. Read our dividend analysis for PB. 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 2.84%. 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 34.48% 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 a variety of institutional and retail investors. Top institutional investors include Scout Investments Inc. (1.10%), ProShare Advisors LLC (0.50%), Private Management Group Inc. (0.49%), Fisher Asset Management LLC (0.39%), Copeland Capital Management LLC (0.37%) and New York State Common Retirement Fund (0.28%). Insiders that own company stock include Asylbek Osmonov, Charlotte M Rasche, 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 $78.25. How much money does Prosperity Bancshares make? Prosperity Bancshares (NYSE:PB) has a market capitalization of $7.15 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 3,704 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 2/5/2023 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. 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