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Prosperity Bancshares (PB)
NYSE:PB
Prosperity Bancshares (PB) Stock Price & Analysis
286 Followers
PB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$48.73 - $68.26
Previous Close$59.69
Volume397.66K
Average Volume (3M)558.27K
Market Cap
$5.58B
Enterprise Value$9.87B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$4.29B
Price to Earnings (P/E)13.2
Beta0.70
Next Earnings
Apr 24, 2024EPS Estimate
$1.16Next Dividend Ex-Date
Jun 14, 2024Dividend Yield3.74%
Share Statistics
EPS (TTM)4.52
Shares Outstanding93,529,541
10 Day Avg. Volume372,782
30 Day Avg. Volume558,273
Standard Deviation0.08
R-Squared0.38
Alpha-0.00599
Financial Highlights & Ratios
Price to Book (P/B)1.53
Price to Sales (P/S)4.83
Price to Cash Flow (P/CF)49.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.73
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda54.35
Forecast
1Y Price Target
$72.10Price Target Upside20.79% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Prosperity Bancshares News
Bulls Say, Bears Say
Bulls Say
Financial GuidanceManagement has reaffirmed expectations for an expanding net interest margin, signaling improving profitability in the coming periods.
Growth OpportunitiesThe company is actively exploring merger and acquisition opportunities, which could lead to significant growth prospects.
Loan PerformanceDespite a downturn in loan growth at the period end, the performance has exceeded initial forecasts, suggesting resilience in the company's lending activities.
Bears Say
Asset QualityCredit quality was incrementally weaker in the quarter with a sequential increase in nonperforming loans and net charge-offs, signaling potential risks in the loan portfolio.
Financial PerformanceLimited funding cost leverage could weigh on Net Interest Margin (NIM), potentially impacting profitability.
Stock ValuationEroding stock currency matters for the company's ability to use its shares for acquisitions or as compensation, which could negatively affect future growth.
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Ownership Overview
7.01% Insiders
35.28% Mutual Funds
28.20% Other Institutional Investors
29.51% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PB FAQ
What was Prosperity Bancshares’s price range in the past 12 months?
Prosperity Bancshares lowest stock price was $48.73 and its highest was $68.26 in the past 12 months.
What is Prosperity Bancshares’s market cap?
Currently, no data Available
When is Prosperity Bancshares’s upcoming earnings report date?
Prosperity Bancshares’s upcoming earnings report date is Apr 24, 2024 which is in 5 days.
How were Prosperity Bancshares’s earnings last quarter?
Prosperity Bancshares released its earnings results on Jan 24, 2024. The company reported $1.02 earnings per share for the quarter, missing the consensus estimate of $1.149 by -$0.129.
Is Prosperity Bancshares overvalued?
According to Wall Street analysts Prosperity Bancshares’s price is currently Undervalued.
Does Prosperity Bancshares pay dividends?
Prosperity Bancshares pays a Quarterly dividend of $0.56 which represents an annual dividend yield of 3.74%. See more information on Prosperity Bancshares dividends here
What is Prosperity Bancshares’s EPS estimate?
Prosperity Bancshares’s EPS estimate is $1.16.
How many shares outstanding does Prosperity Bancshares have?
Prosperity Bancshares has 93,529,540 shares outstanding.
What happened to Prosperity Bancshares’s price movement after its last earnings report?
Prosperity Bancshares reported an EPS of $1.02 in its last earnings report, missing expectations of $1.149. Following the earnings report the stock price went down -0.802%.
Which hedge fund is a major shareholder of Prosperity Bancshares?
Among the largest hedge funds holding Prosperity Bancshares’s share is Fisher Asset Management LLC. It holds Prosperity Bancshares’s shares valued at 18M.
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Prosperity Bancshares Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$72.10 (20.79% Upside)
$72.10 (20.79% Upside)
Blogger Sentiment
Bullish
PB Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 101.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 3.6%
Last 30 Days ▼ 3.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
0.45%
12-Months-Change
Fundamentals
Return on Equity
6.09%
Trailing 12-Months
Asset Growth
2.28%
Trailing 12-Months
Company Description
Prosperity Bancshares
Prosperity Bancshares, Inc. is a holding company, which engages in the provision of financial products and solutions. It provides retail and commercial banking services such as deposits, online Internet banking, loan services, investments, trust, credit card and others. The company offers its products to small and medium-sized businesses and consumers. Prosperity Bancshares was founded by Tracy T. Rudolph in 1983 and is headquartered in Houston, TX.
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PB Company Deck
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PB Earnings Call
Q4 2024
0:00 / 0:00
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PB Stock 12 Months Forecast
Average Price Target
$72.10
▲(20.79% Upside)
Technical Analysis
Best Analysts Covering PB
1 Year
1 Year Success Rate
4/5 ratings generated profit
1 Year Average Return
+7.90%
reiterated a buy rating 9 months ago
Copying Bill Carcache's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +7.90% per trade.
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