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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$63.85
Volume675.55K
Average Volume (3M)483.82K
Market Cap
$6.13B
Enterprise Value$10.41B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$4.29B
Price to Earnings (P/E)14.7
Beta0.71
Next Earnings
Jul 24, 2024EPS Estimate
$1.14Next Dividend Ex-Date
Jun 14, 2024Dividend Yield3.47%
Share Statistics
EPS (TTM)4.33
Shares Outstanding95,937,934
10 Day Avg. Volume452,325
30 Day Avg. Volume483,816
Standard Deviation0.08
R-Squared0.38
Alpha-0.00678
Financial Highlights & Ratios
Price to Book (P/B)1.69
Price to Sales (P/S)5.43
Price to Cash Flow (P/CF)54.80
P/FCF Ratio11.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.21
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda57.34
Forecast
1Y Price Target
$73.86Price Target Upside13.40% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Prosperity Bancshares News
Bulls Say, Bears Say
Bulls Say
EarningsProsperity reported a solid quarter with results generally in-line with forecasts.
Financial GrowthLoan growth was positive on an end of period basis, outperforming forecasts.
Strategic DevelopmentThe acquisition of Lone Star was completed, potentially strengthening the company's asset base.
Bears Say
Cost ManagementLimited funding cost leverage could weigh on net interest margin.
Credit QualityCredit quality was mixed as nonperforming assets increased.
Stock ValuationEroding stock currency matters.
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Ownership Overview
6.82% Insiders
34.61% Mutual Funds
40.24% Other Institutional Investors
18.34% 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 Jul 24, 2024 which is in 67 days.
How were Prosperity Bancshares’s earnings last quarter?
Prosperity Bancshares released its earnings results on Apr 24, 2024. The company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.161 by $0.019.
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 3.47%. See more information on Prosperity Bancshares dividends here
What is Prosperity Bancshares’s EPS estimate?
Prosperity Bancshares’s EPS estimate is $1.14.
How many shares outstanding does Prosperity Bancshares have?
Prosperity Bancshares has 95,937,935 shares outstanding.
What happened to Prosperity Bancshares’s price movement after its last earnings report?
Prosperity Bancshares reported an EPS of $1.18 in its last earnings report, beating expectations of $1.161. Following the earnings report the stock price went up 3.796%.
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
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$73.86 (13.40% Upside)
$73.86 (13.40% Upside)
Blogger Sentiment
Bullish
PB Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 101.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 3.2%
Last 30 Days ▼ 3.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
12.45%
12-Months-Change
Fundamentals
Return on Equity
5.85%
Trailing 12-Months
Asset Growth
2.45%
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
Q1 2024
0:00 / 0:00
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PB Stock 12 Month Forecast
Average Price Target
$73.86
▲(13.40% Upside)
Technical Analysis
Best Analysts Covering PB
1 Year
1 Year Success Rate
5/5 ratings generated profit
1 Year Average Return
+10.60%
reiterated a buy rating 10 months ago
Copying Bill Carcache's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +10.60% per trade.
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