Q1 EPS Estimate for Prosperity Bancshares Raised by Analyst

Prosperity Bancshares, Inc. (NYSE:PBFree Report) – Research analysts at Zacks Research increased their Q1 2025 earnings estimates for Prosperity Bancshares in a research report issued to clients and investors on Tuesday, March 11th. Zacks Research analyst R. Department now anticipates that the bank will post earnings of $1.35 per share for the quarter, up from their prior estimate of $1.34. The consensus estimate for Prosperity Bancshares’ current full-year earnings is $5.83 per share. Zacks Research also issued estimates for Prosperity Bancshares’ Q4 2025 earnings at $1.51 EPS, FY2025 earnings at $5.73 EPS, Q4 2026 earnings at $1.67 EPS and FY2027 earnings at $7.20 EPS.

Prosperity Bancshares (NYSE:PBGet Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The bank reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.04. Prosperity Bancshares had a net margin of 26.79% and a return on equity of 6.64%.

A number of other brokerages also recently issued reports on PB. Wolfe Research reiterated a “peer perform” rating on shares of Prosperity Bancshares in a research note on Thursday, December 5th. Barclays lifted their price target on shares of Prosperity Bancshares from $84.00 to $88.00 and gave the stock an “equal weight” rating in a research note on Friday, December 20th. Stephens boosted their price objective on shares of Prosperity Bancshares from $93.00 to $94.00 and gave the stock an “overweight” rating in a research report on Thursday, January 30th. Raymond James boosted their price objective on shares of Prosperity Bancshares from $82.00 to $87.00 and gave the stock an “outperform” rating in a research report on Thursday, January 30th. Finally, Bank of America upgraded shares of Prosperity Bancshares from an “underperform” rating to a “neutral” rating and set a $80.00 price objective for the company in a research report on Tuesday, January 7th. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Prosperity Bancshares has an average rating of “Moderate Buy” and an average target price of $82.88.

Check Out Our Latest Stock Report on PB

Prosperity Bancshares Stock Down 0.6 %

Shares of Prosperity Bancshares stock opened at $70.24 on Thursday. Prosperity Bancshares has a 52-week low of $57.16 and a 52-week high of $86.76. The company has a 50 day moving average of $77.08 and a 200 day moving average of $76.34. The company has a market capitalization of $6.69 billion, a P/E ratio of 13.88, a P/E/G ratio of 0.94 and a beta of 0.94.

Prosperity Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be issued a $0.58 dividend. The ex-dividend date is Friday, March 14th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 3.30%. Prosperity Bancshares’s payout ratio is 45.85%.

Insider Activity

In other Prosperity Bancshares news, Director Ned S. Holmes sold 500 shares of the business’s stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $73.62, for a total value of $36,810.00. Following the transaction, the director now directly owns 105,315 shares of the company’s stock, valued at approximately $7,753,290.30. The trade was a 0.47 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Harrison Stafford II sold 4,000 shares of the business’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $80.07, for a total transaction of $320,280.00. Following the completion of the transaction, the director now directly owns 107,137 shares in the company, valued at $8,578,459.59. This represents a 3.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 9,000 shares of company stock valued at $706,870 in the last ninety days. 4.28% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Prosperity Bancshares

Several institutional investors have recently bought and sold shares of PB. US Bancorp DE increased its stake in Prosperity Bancshares by 3.4% in the 3rd quarter. US Bancorp DE now owns 4,720 shares of the bank’s stock valued at $340,000 after buying an additional 153 shares during the period. Crossmark Global Holdings Inc. grew its stake in shares of Prosperity Bancshares by 26.6% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 6,485 shares of the bank’s stock worth $467,000 after purchasing an additional 1,364 shares during the period. Aigen Investment Management LP grew its stake in shares of Prosperity Bancshares by 91.2% during the 3rd quarter. Aigen Investment Management LP now owns 7,925 shares of the bank’s stock worth $571,000 after purchasing an additional 3,780 shares during the period. MQS Management LLC grew its stake in shares of Prosperity Bancshares by 23.7% during the 3rd quarter. MQS Management LLC now owns 5,828 shares of the bank’s stock worth $420,000 after purchasing an additional 1,116 shares during the period. Finally, KBC Group NV grew its stake in shares of Prosperity Bancshares by 15.4% during the 3rd quarter. KBC Group NV now owns 2,824 shares of the bank’s stock worth $204,000 after purchasing an additional 376 shares during the period. 80.69% of the stock is owned by institutional investors and hedge funds.

About Prosperity Bancshares

(Get Free Report)

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.

See Also

Earnings History and Estimates for Prosperity Bancshares (NYSE:PB)

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