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How major US stock indexes fared Friday 1/27/2023
Is This The End of Capitalism? (Ad)
Closing prices for crude oil, gold and other commodities
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S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
Is This The End of Capitalism? (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
Is This The End of Capitalism? (Ad)
Closing prices for crude oil, gold and other commodities
House GOP seeks new restrictions on use of US oil stockpile
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
Is This The End of Capitalism? (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
Is This The End of Capitalism? (Ad)
Closing prices for crude oil, gold and other commodities
House GOP seeks new restrictions on use of US oil stockpile
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
Is This The End of Capitalism? (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
Is This The End of Capitalism? (Ad)
Closing prices for crude oil, gold and other commodities
House GOP seeks new restrictions on use of US oil stockpile
NYSE:PB

Prosperity Bancshares - PB Stock Forecast, Price & News

$74.64
-0.14 (-0.19%)
(As of 01/27/2023 12:00 AM ET)
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Compare
Today's Range
$74.30
$75.27
50-Day Range
$68.17
$76.20
52-Week Range
$64.69
$77.93
Volume
541,687 shs
Average Volume
413,195 shs
Market Capitalization
$6.82 billion
P/E Ratio
13.03
Dividend Yield
2.94%
Price Target
$75.40

Prosperity Bancshares MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
1.0% Upside
$75.40 Price Target
Short Interest
Bearish
2.79% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.37
Upright™ Environmental Score
News Sentiment
0.52mentions of Prosperity Bancshares in the last 14 days
Based on 19 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.78%
From $6.06 to $6.41 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.01 out of 5 stars

Finance Sector

644th out of 900 stocks

State Commercial Banks Industry

149th out of 191 stocks


PB stock logo

About Prosperity Bancshares (NYSE:PB) Stock

Prosperity 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.

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PB Stock News Headlines

Prosperity Bancshares (PB) Declares $0.55 Dividend
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Prosperity Bancshares (PB) to Release Earnings on Wednesday
4 big stock buybacks: Costco, Kinder Morgan
KeyCorp (KEY) Stock Up on 5.1% Hike in Quarterly Dividend
Bank OZK (OZK) Stock Up 1.3% on New Share Repurchase Plan
See More Headlines
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PB Company Calendar

Ex-Dividend for 1/3 Dividend
12/14/2022
Dividend Payable
1/03/2023
Last Earnings
1/25/2023
Today
1/28/2023
Next Earnings (Estimated)
4/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Previous Symbol
NASDAQ:PRSP
CUSIP
74360610
Employees
3,704
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$75.40
High Stock Price Forecast
$82.00
Low Stock Price Forecast
$63.00
Forecasted Upside/Downside
+1.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
7 Analysts

Profitability

Net Income
$519.30 million
Pretax Margin
53.72%

Debt

Sales & Book Value

Annual Sales
$1.24 billion
Cash Flow
$6.04 per share
Book Value
$73.37 per share

Miscellaneous

Free Float
87,456,000
Market Cap
$6.82 billion
Optionable
Optionable
Beta
0.99

Key Executives

  • David E. ZalmanDavid E. Zalman
    Senior Chairman & Chief Executive Officer
  • Kevin J. Hanigan
    President, Chief Operating Officer & Director
  • Asylbek Osmonov
    Chief Financial Officer
  • Randy Hester
    Chief Lending Officer & Executive Vice President
  • Charlotte M. Rasche
    Executive Vice President & General Counsel













PB Stock - Frequently Asked Questions

Should I buy or sell Prosperity Bancshares stock right now?

7 Wall Street equities research 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 equities research 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 brokerages have issued 12 month target prices for Prosperity Bancshares' stock. Their PB share price forecasts range from $63.00 to $82.00. On average, they predict the company's share price to reach $75.40 in the next twelve months. This suggests a possible upside of 1.0% 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 increased by 2.7% and is now trading at $74.64.
View the best growth stocks for 2023 here
.

Are investors shorting Prosperity Bancshares?

Prosperity Bancshares saw a increase in short interest in 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 presently 5.6 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 earnings per share 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 business posted $1.38 EPS.

How often does Prosperity Bancshares pay dividends? What is the dividend yield for Prosperity Bancshares?

Prosperity Bancshares declared a quarterly dividend on Wednesday, January 18th. Stockholders 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 dividend on an annualized basis and a yield of 2.95%. 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 2.94%. 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 34.32% 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 number of institutional and retail investors. Top institutional shareholders include Scout Investments Inc. (1.10%), Copeland Capital Management LLC (0.37%), Hunter Perkins Capital Management LLC (0.24%), Wedge Capital Management L L P NC (0.24%), Handelsinvest Investeringsforvaltning (0.19%) and Comerica Bank (0.15%). 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 $74.64.

How much money does Prosperity Bancshares make?

Prosperity Bancshares (NYSE:PB) has a market capitalization of $6.82 billion and generates $1.24 billion in revenue each year. The bank earns $519.30 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 1/28/2023 by MarketBeat.com Staff