Zacks Research Brokers Raise Earnings Estimates for PB

Prosperity Bancshares, Inc. (NYSE:PB) – Equities research analysts at Zacks Research boosted their Q1 2025 EPS estimates for Prosperity Bancshares in a report issued on Tuesday, March 11th. Zacks Research analyst R. Department now forecasts that the bank will post earnings of $1.35 per share for the quarter, up from their previous forecast 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:PB) last posted its quarterly earnings results on Wednesday, January 29th. The bank reported $1.37 EPS for the quarter, beating 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 research firms have also commented on PB. Bank of America raised Prosperity Bancshares from an “underperform” rating to a “neutral” rating and set a $80.00 price target for the company in a research report on Tuesday, January 7th. Barclays upped their target price on Prosperity Bancshares from $84.00 to $88.00 and gave the company an “equal weight” rating in a report on Friday, December 20th. UBS Group cut their price target on shares of Prosperity Bancshares from $77.00 to $76.00 and set a “buy” rating on the stock in a report on Thursday, December 26th. Raymond James upped their price objective on shares of Prosperity Bancshares from $82.00 to $87.00 and gave the stock an “outperform” rating in a report on Thursday, January 30th. Finally, Wolfe Research reaffirmed a “peer perform” rating on shares of Prosperity Bancshares in a research report on Thursday, December 5th. Seven research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $83.50.

Prosperity Bancshares Trading Down 1.6 %

Shares of NYSE:PB opened at $69.17 on Thursday. The company has a market cap of $6.59 billion, a price-to-earnings ratio of 13.67, a price-to-earnings-growth ratio of 0.94 and a beta of 0.94. Prosperity Bancshares has a 12 month low of $57.16 and a 12 month high of $86.76. The company has a 50-day moving average price of $76.98 and a 200-day moving average price of $76.29.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in PB. Smartleaf Asset Management LLC lifted its position in Prosperity Bancshares by 487.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 376 shares of the bank’s stock valued at $28,000 after acquiring an additional 312 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Prosperity Bancshares by 368.5% in the fourth quarter. Jones Financial Companies Lllp now owns 520 shares of the bank’s stock worth $39,000 after purchasing an additional 409 shares during the last quarter. UMB Bank n.a. lifted its holdings in shares of Prosperity Bancshares by 102.7% during the fourth quarter. UMB Bank n.a. now owns 592 shares of the bank’s stock valued at $45,000 after purchasing an additional 300 shares in the last quarter. First Horizon Advisors Inc. lifted its holdings in shares of Prosperity Bancshares by 190.0% during the third quarter. First Horizon Advisors Inc. now owns 815 shares of the bank’s stock valued at $59,000 after purchasing an additional 534 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of Prosperity Bancshares by 20.4% during the fourth quarter. GAMMA Investing LLC now owns 844 shares of the bank’s stock valued at $64,000 after buying an additional 143 shares during the last quarter. Institutional investors own 80.69% of the company’s stock.

Insider Buying and Selling at Prosperity Bancshares

In other Prosperity Bancshares news, Director Ned S. Holmes sold 500 shares of the firm’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $76.04, for a total transaction of $38,020.00. Following the completion of the sale, the director now directly owns 110,315 shares in the company, valued at approximately $8,388,352.60. This trade represents a 0.45 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last 90 days, insiders sold 5,500 shares of company stock worth $421,905. 4.28% of the stock is owned by insiders.

Prosperity Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a yield of 3.35%. The ex-dividend date is Friday, March 14th. Prosperity Bancshares’s payout ratio is 45.85%.

About Prosperity Bancshares

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.