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

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

Prosperity Bancshares announced a quarterly dividend on Thursday, January 31st. Shareholders of record on Friday, March 15th will be paid a dividend of $0.41 per share on Monday, April 1st. This represents a $1.64 annualized dividend and a dividend yield of 2.47%. The ex-dividend date is Thursday, March 14th. View Prosperity Bancshares' Dividend History.

Prosperity Bancshares declared that its Board of Directors has approved a stock buyback program on Friday, January 19th 2018, which authorizes the company to repurchase 3,470,000 shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

Prosperity Bancshares, Inc. (NYSE:PB) posted its quarterly earnings data on Wednesday, January, 30th. The bank reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.18 by $0.01. The bank earned $186.33 million during the quarter, compared to the consensus estimate of $188.17 million. Prosperity Bancshares had a return on equity of 8.12% and a net margin of 38.17%. The business's quarterly revenue was up .6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.99 EPS. View Prosperity Bancshares' Earnings History.

Prosperity Bancshares is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Prosperity Bancshares.

8 equities research analysts have issued twelve-month target prices for Prosperity Bancshares' stock. Their forecasts range from $70.00 to $84.00. On average, they anticipate Prosperity Bancshares' share price to reach $75.5714 in the next twelve months. This suggests a possible upside of 13.6% from the stock's current price. View Analyst Price Targets for Prosperity Bancshares.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prosperity Bancshares in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Prosperity Bancshares.

News stories about PB stock have trended somewhat positive recently, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Prosperity Bancshares earned a news impact score of 0.6 on InfoTrie's scale. They also assigned news articles about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days.

Some companies that are related to Prosperity Bancshares include Deutsche Bank (DB), Fifth Third Bancorp (FITB), Citizens Financial Group (CFG), SVB Financial Group (SIVB), East West Bancorp (EWBC), Signature Bank (SBNY), Commerce Bancshares (CBSH), Popular (BPOP), First Citizens BancShares (FCNCA), Western Alliance Bancorporation (WAL), IBERIABANK (IBKC), Wintrust Financial (WTFC), First Financial Bankshares (FFIN), United Bankshares (UBSI) and Bank Ozk (OZK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Prosperity Bancshares investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Aegean Marine Petroleum Network (ANW), Chipotle Mexican Grill (CMG), Precision Drilling (PD), United Rentals (URI), YY (YY), AutoZone (AZO) and Micron Technology (MU).

Prosperity Bancshares' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.67%), Victory Capital Management Inc. (4.90%), Atlanta Capital Management Co. L L C (4.70%), Findlay Park Partners LLP (4.07%), FMR LLC (3.82%) and Dimensional Fund Advisors LP (2.49%). Company insiders that own Prosperity Bancshares stock include David Hollaway, H E Timanus Jr, Harrison Stafford II, Leah Henderson, Michael Epps, Ned S Holmes, 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 Findlay Park Partners LLP, FMR LLC, Wedge Capital Management L L P NC, Deprince Race & Zollo Inc., Comerica Bank, Foresters Investment Management Company Inc., Copeland Capital Management LLC and Barclays PLC. Company insiders that have sold Prosperity Bancshares company stock in the last year include Harrison Stafford II, Leah Henderson, 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 Atlanta Capital Management Co. L L C, Oregon Public Employees Retirement Fund, Victory Capital Management Inc., Norges Bank, American Century Companies Inc., BlackRock Inc., Private Management Group Inc. and Bank of America Corp DE. 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 $66.50.

Prosperity Bancshares has a market capitalization of $4.65 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.

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]