NYSE:PB - Prosperity Bancshares Stock Price, Price Target & More

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

Prosperity Bancshares declared a quarterly dividend on Thursday, April 26th. Stockholders of record on Friday, June 15th will be given a dividend of $0.36 per share on Monday, July 2nd. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date of this dividend is Thursday, June 14th. View Prosperity Bancshares' Dividend History.

Prosperity Bancshares declared that its board has initiated a stock buyback plan on Friday, January 19th 2018, which allows the company to repurchase 3,470,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.

Prosperity Bancshares, Inc. (NYSE:PB) posted its earnings results on Wednesday, April, 25th. The bank reported $1.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.14 by $0.07. The bank had revenue of $181.16 million for the quarter, compared to analysts' expectations of $180.97 million. Prosperity Bancshares had a return on equity of 7.34% and a net margin of 34.87%. The company's quarterly revenue was down 1.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.99 earnings per share. View Prosperity Bancshares' Earnings History.

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

11 analysts have issued 1-year price objectives for Prosperity Bancshares' shares. Their forecasts range from $68.00 to $85.00. On average, they anticipate Prosperity Bancshares' share price to reach $74.7778 in the next twelve months. View Analyst Ratings for Prosperity Bancshares.

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

Media headlines about PB stock have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Prosperity Bancshares earned a news impact score of 0.01 on Accern's scale. They also gave media coverage about the bank an impact score of 46.76 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Prosperity Bancshares' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.33%), Champlain Investment Partners LLC (2.90%), Findlay Park Partners LLP (2.73%), Dimensional Fund Advisors LP (2.45%), Barrow Hanley Mewhinney & Strauss LLC (1.52%) and Northern Trust Corp (1.18%). Company insiders that own Prosperity Bancshares stock include David Hollaway, Edward Z Safady, H E Timanus Jr, 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 Fisher Asset Management LLC, Russell Investments Group Ltd., Wedge Capital Management L L P NC, Prudential Financial Inc., Loomis Sayles & Co. L P, Olstein Capital Management L.P., Barclays PLC and State of Wisconsin Investment Board. Company insiders that have sold Prosperity Bancshares company stock in the last year include David Hollaway, Michael Epps, Ned S Holmes, Randy Hester and Robert H Steelhammer. View Insider Buying and Selling for Prosperity Bancshares.

PB stock was purchased by a variety of institutional investors in the last quarter, including Findlay Park Partners LLP, JPMorgan Chase & Co., BlackRock Inc., Champlain Investment Partners LLC, Handelsbanken Fonder AB, Handelsbanken Fonder AB, Victory Capital Management Inc. and Mariner LLC. 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 $70.20.

Prosperity Bancshares has a market capitalization of $4.98 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]