NYSE:PB Prosperity Bancshares (PB) Stock Price, News & Analysis → The Key to this $10 Trillion Tech Boom (From Porter & Company) (Ad) Free PB Stock Alerts $58.45 -0.92 (-1.55%) (As of 06/13/2024 ET) Add Compare Share Share Today's Range$58.36▼$59.2550-Day Range$58.32▼$65.1252-Week Range$49.60▼$68.88Volume442,774 shsAverage Volume481,236 shsMarket Capitalization$5.61 billionP/E Ratio13.47Dividend Yield3.83%Price Target$68.86 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Prosperity Bancshares alerts: Email Address Prosperity Bancshares MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside17.8% Upside$68.86 Price TargetShort InterestHealthy2.39% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.37Upright™ Environmental ScoreNews Sentiment1.01Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth14.80%From $5.00 to $5.74 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.91 out of 5 starsFinance Sector42nd out of 868 stocksState Commercial Banks Industry14th out of 177 stocks 2.3 Analyst's Opinion Consensus RatingProsperity Bancshares has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageProsperity Bancshares has only been the subject of 2 research reports in the past 90 days.Read more about Prosperity Bancshares' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.39% 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 4.5.Change versus previous monthShort interest in Prosperity Bancshares has recently decreased by 16.09%, indicating that investor sentiment is improving significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipProsperity Bancshares is a leading dividend payer. It pays a dividend yield of 3.77%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthProsperity Bancshares has been increasing its dividend for 26 years.Dividend CoverageThe dividend payout ratio of Prosperity Bancshares is 51.61%. 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 39.02% next year. This indicates that Prosperity Bancshares will be able to sustain or increase its dividend.Read more about Prosperity Bancshares' 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 3.3 News and Social Media Coverage News SentimentProsperity Bancshares has a news sentiment score of 1.01. 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 higher news sentiment than the 0.87 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Prosperity Bancshares this week, compared to 4 articles on an average week.Search Interest5 people have searched for PB on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Prosperity Bancshares to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 4.28% of the stock of Prosperity Bancshares is held by insiders.Percentage Held by Institutions80.69% of the stock of Prosperity Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Prosperity Bancshares' insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Prosperity Bancshares are expected to grow by 14.80% in the coming year, from $5.00 to $5.74 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Prosperity Bancshares is 13.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Prosperity Bancshares is 13.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.84.Price to Earnings Growth RatioProsperity Bancshares has a PEG Ratio of 1.27. 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 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Prosperity Bancshares' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyTop-Secret Government Project RevealedDetails a top-secret program for taking America’s most critical technology mainstream. And it has nothing to do with artificial intelligence, cryptocurrency, or the blockchain.To get all the details of this new tech – click here now. About Prosperity Bancshares Stock (NYSE:PB)Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts, as well as and certificates of deposit. The company also offers 1-4 family residential mortgage, commercial real estate and multifamily residential, commercial and industrial, agricultural, and non-real estate agricultural loans, as well as construction, land development, and other land loans; consumer loans, including automobile, recreational vehicle, boat, home improvement, personal, and deposit account collateralized loans; term loans and lines of credit; and consumer durables and home equity loans, as well as loans for working capital, business expansion, and purchase of equipment and machinery. In addition, it provides internet banking, mobile banking, trust and wealth management, retail brokerage, mortgage services, and treasury management, as well as debit and credit cards. The company was incorporated in 1983 and is headquartered in Houston, Texas.Read More PB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PB Stock News HeadlinesJune 14 at 1:34 AM | americanbankingnews.comProsperity Bancshares, Inc. (NYSE:PB) Given Average Recommendation of "Moderate Buy" by AnalystsJune 12 at 8:00 AM | americanbankingnews.comProsperity Bancshares, Inc. (PB) to Issue Quarterly Dividend of $0.56 on July 1stJune 7, 2024 | seekingalpha.comProsperity Bancshares: Close To Being Part Of The Dividend Aristocrats GroupApril 26, 2024 | msn.comPlymouth City Patriots makes statement after new financial lossApril 26, 2024 | finance.yahoo.comAnalysts Are Updating Their Prosperity Bancshares, Inc. (NYSE:PB) Estimates After Its First-Quarter ResultsApril 25, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Financial Companies: Prosperity Bancshares (PB), First Busey (BUSE) and Hanmi Financial (HAFC)April 25, 2024 | finance.yahoo.comQ1 2024 Prosperity Bancshares Inc Earnings CallApril 25, 2024 | finance.yahoo.comProsperity Bancshares First Quarter 2024 Earnings: EPS Beats ExpectationsApril 25, 2024 | finance.yahoo.comProsperity Bancshares, Inc. (NYSE:PB) Q1 2024 Earnings Call TranscriptApril 25, 2024 | finance.yahoo.comProsperity Bancshares Inc (PB) (Q1 2024) Earnings Call Transcript Highlights: Strong Financial ...April 25, 2024 | markets.businessinsider.comProsperity Bancshares: Hold Rating Maintained Amid Mixed Financial Indicators and Stable OutlookApril 24, 2024 | msn.comPB Stock Earnings: Prosperity Bancshares Beats EPS, Beats Revenue for Q1 2024April 24, 2024 | seekingalpha.comProsperity Bancshares, Inc. 2024 Q1 - Results - Earnings Call PresentationApril 24, 2024 | finance.yahoo.comProsperity Bancshares Inc. (PB) First Quarter 2024 Earnings OverviewApril 24, 2024 | prnewswire.comPROSPERITY BANCSHARES, INC.® REPORTS FIRST QUARTER 2024 EARNINGSApril 19, 2024 | finance.yahoo.comProsperity Bancshares, Inc. (NYSE:PB) is a favorite amongst institutional investors who own 80%April 17, 2024 | finance.yahoo.comAnalysts Estimate Prosperity Bancshares (PB) to Report a Decline in Earnings: What to Look Out forApril 14, 2024 | nasdaq.comPB Crosses Below Key Moving Average LevelApril 11, 2024 | markets.businessinsider.comRBC Capital Sticks to Its Hold Rating for Prosperity Bancshares (PB)April 1, 2024 | finance.yahoo.comPROSPERITY BANCSHARES, INC.® COMPLETES MERGER WITH LONE STAR STATE BANCSHARES, INC.April 1, 2024 | markets.businessinsider.comKey Takeaways From Prosperity Bancshares Analyst RatingsMarch 27, 2024 | prnewswire.comPROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS FIRST QUARTER 2024 EARNINGS CONFERENCE CALLMarch 21, 2024 | msn.comHouston-based bank receives approval to acquisition Lubbock-based Lone Star State BanksMarch 21, 2024 | finanznachrichten.deProsperity Bancshares, Inc.: Prosperity Bancshares Receives Regulatory Approvals For Lone Star State Bancshares, Inc. AcquisitionMarch 20, 2024 | bizjournals.comProsperity Bank’s West Texas acquisition receives regulatory approval after months of delaysSee More Headlines 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 Company Calendar Ex-Dividend for 4/1 Dividend3/14/2024Dividend Payable4/01/2024Last Earnings4/24/2024Today6/13/2024Ex-Dividend for 7/1 Dividend6/14/2024Dividend Payable7/01/2024Next Earnings (Estimated)7/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry State commercial banks Sub-IndustryRegional Banks Current SymbolNYSE:PB Previous SymbolNASDAQ:PRSP CUSIP74360610 CIK1068851 Webwww.prosperitybankusa.com Phone(281) 269-7199Fax281-269-7222Employees3,850Year FoundedN/APrice Target and Rating Average Stock Price Target$68.86 High Stock Price Target$80.00 Low Stock Price Target$55.00 Potential Upside/Downside+17.8%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$4.34 Trailing P/E Ratio13.47 Forward P/E Ratio11.69 P/E Growth1.25Net Income$419.32 million Net Margins24.50% Pretax Margin31.28% Return on Equity6.33% Return on Assets1.14% Debt Debt-to-Equity RatioN/A Current Ratio0.70 Quick Ratio0.70 Sales & Book Value Annual Sales$1.06 billion Price / Sales5.28 Cash Flow$5.47 per share Price / Cash Flow10.69 Book Value$75.54 per share Price / Book0.77Miscellaneous Outstanding Shares95,938,000Free Float91,832,000Market Cap$5.61 billion OptionableOptionable Beta0.90 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. David E. Zalman (Age 67)Senior Chairman & CEO Comp: $3.07MMr. H. E. Timanus Jr. (Age 79)Chairman of the Board Comp: $1.54MMr. Kevin J. Hanigan (Age 67)President, COO & Director Comp: $2.31MMr. Asylbek Osmonov (Age 43)Chief Financial Officer Comp: $791.96kMr. Edward Z. Safady (Age 66)Advisory Director & Vice Chairman Comp: $1.45MMs. Charlotte M. Rasche J.D. (Age 59)Executive VP & General Counsel Comp: $725.28kMr. Robert J. Dowdell (Age 67)Executive Vice President Ms. Annette L. TrippSenior VP & Associate General CounselMr. John Mays Davenport (Age 56)Executive VP & Director of Corporate Strategy Comp: $914.51kMr. Perry JohnsonPresident of Camp Wisdom Banking CenterMore ExecutivesKey CompetitorsHuntington BancsharesNASDAQ:HBANRegions FinancialNYSE:RFKeyCorpNYSE:KEYEast West BancorpNASDAQ:EWBCFirst HorizonNYSE:FHNView All CompetitorsInsiders & InstitutionsWestwood Holdings Group Inc.Bought 2,726 shares on 6/6/2024Ownership: 0.007%Comerica BankSold 9,755 shares on 5/17/2024Ownership: 0.119%Interval Partners LPBought 2,833 shares on 5/16/2024Ownership: 0.123%California State Teachers Retirement SystemSold 4,830 shares on 5/16/2024Ownership: 0.097%Kennedy Capital Management LLCSold 11,453 shares on 5/16/2024Ownership: 0.038%View All Insider TransactionsView All Institutional Transactions PB Stock Analysis - Frequently Asked Questions Should I buy or sell Prosperity Bancshares stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Prosperity Bancshares in the last year. There are currently 5 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PB shares. View PB analyst ratings or view top-rated stocks. What is Prosperity Bancshares' stock price target for 2024? 10 Wall Street analysts have issued 12 month price targets for Prosperity Bancshares' stock. Their PB share price targets range from $55.00 to $80.00. On average, they expect the company's stock price to reach $68.86 in the next twelve months. This suggests a possible upside of 17.8% 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 2024? Prosperity Bancshares' stock was trading at $67.73 at the beginning of the year. Since then, PB stock has decreased by 13.7% and is now trading at $58.45. View the best growth stocks for 2024 here. Are investors shorting Prosperity Bancshares? Prosperity Bancshares saw a decline in short interest in the month of May. As of May 31st, there was short interest totaling 2,190,000 shares, a decline of 16.1% from the May 15th total of 2,610,000 shares. Based on an average trading volume of 483,200 shares, the days-to-cover ratio is presently 4.5 days. Currently, 2.4% of the company's 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, July 24th 2024. View our PB earnings forecast. How were Prosperity Bancshares' earnings last quarter? Prosperity Bancshares, Inc. (NYSE:PB) announced its quarterly earnings data on Wednesday, April, 24th. The bank reported $1.18 EPS for the quarter, topping the consensus estimate of $1.15 by $0.03. The bank had revenue of $420.78 million for the quarter, compared to analyst estimates of $274.88 million. Prosperity Bancshares had a net margin of 24.50% and a trailing twelve-month return on equity of 6.33%. During the same quarter in the previous year, the business posted $1.37 earnings per share. How often does Prosperity Bancshares pay dividends? What is the dividend yield for Prosperity Bancshares? Prosperity Bancshares announced a quarterly dividend on Wednesday, April 17th. Stockholders of record on Friday, June 14th will be given a dividend of $0.56 per share on Monday, July 1st. This represents a $2.24 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date of this dividend is Friday, June 14th. Read our dividend analysis for PB. Is Prosperity Bancshares a good dividend stock? Prosperity Bancshares (NYSE:PB) pays an annual dividend of $2.24 per share and currently has a dividend yield of 3.77%. The company has been increasing its dividend for 26 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 51.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PB will have a dividend payout ratio of 39.02% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PB. What ETFs hold Prosperity Bancshares' stock? ETFs with the largest weight of Prosperity Bancshares (NYSE:PB) stock in their portfolio include ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Invesco KBW Regional Banking ETF (KBWR), SPDR S&P Regional Banking ETF (KRE), Direxion Daily Regional Banks Bull 3x Shares (DPST), SPDR S&P Bank ETF (KBE) and iShares U.S. Regional Banks ETF (IAT).Dimensional US Small Cap Value ETF (DFSV). 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 Xtrackers California Municipal Bond ETF (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). Who are Prosperity Bancshares' major shareholders? Prosperity Bancshares' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.26%), Vaughan Nelson Investment Management L.P. (0.84%), Private Management Group Inc. (0.58%), ProShare Advisors LLC (0.49%), Principal Financial Group Inc. (0.38%) and Public Employees Retirement Association of Colorado (0.26%). Insiders that own company stock include George A Fisk, H E Timanus Jr, L Jack Lord and Robert H Steelhammer. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:PB) was last updated on 6/14/2024 by MarketBeat.com Staff From Our PartnersGold Prices Surge and This $0.32 Stock Is Reaping The RewardsGold prices are on the rise. This surge in gold prices is great news for gold mining stocks. 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