FY2025 EPS Estimates for Hancock Whitney Cut by DA Davidson

Hancock Whitney Co. (NASDAQ:HWC) – Research analysts at DA Davidson dropped their FY2025 earnings per share (EPS) estimates for Hancock Whitney in a research report issued on Wednesday, April 2nd. DA Davidson analyst G. Tenner now expects that the company will post earnings per share of $5.45 for the year, down from their prior forecast of $5.49. The consensus estimate for Hancock Whitney’s current full-year earnings is $5.53 per share. DA Davidson also issued estimates for Hancock Whitney’s FY2025 earnings at $5.45 EPS.

Hancock Whitney (NASDAQ:HWC) last announced its quarterly earnings data on Tuesday, January 21st. The company reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.12. Hancock Whitney had a return on equity of 11.56% and a net margin of 22.40%. During the same period in the previous year, the company earned $1.26 EPS.

Several other equities research analysts have also recently weighed in on HWC. Stephens reaffirmed an “overweight” rating and issued a $74.00 price target (up previously from $68.00) on shares of Hancock Whitney in a research report on Wednesday, January 22nd. Raymond James reaffirmed a “strong-buy” rating and set a $72.00 target price (up previously from $64.00) on shares of Hancock Whitney in a research report on Wednesday, January 22nd. Finally, StockNews.com upgraded Hancock Whitney from a “sell” rating to a “hold” rating in a research note on Monday, March 3rd. Three analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $62.56.

Hancock Whitney Stock Performance

Shares of Hancock Whitney stock opened at $46.05 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.05. The stock’s fifty day moving average price is $55.48 and its 200-day moving average price is $55.38. The firm has a market cap of $3.97 billion, a P/E ratio of 8.72 and a beta of 0.99. Hancock Whitney has a 12 month low of $41.56 and a 12 month high of $62.40.

Institutional Trading of Hancock Whitney

Large investors have recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust lifted its holdings in shares of Hancock Whitney by 9.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,911 shares of the company’s stock worth $105,000 after purchasing an additional 169 shares during the period. Focus Partners Wealth increased its stake in shares of Hancock Whitney by 1.8% in the fourth quarter. Focus Partners Wealth now owns 9,854 shares of the company’s stock worth $539,000 after acquiring an additional 173 shares during the period. Sanctuary Advisors LLC lifted its position in Hancock Whitney by 1.1% during the fourth quarter. Sanctuary Advisors LLC now owns 20,358 shares of the company’s stock valued at $1,221,000 after purchasing an additional 227 shares during the period. Pacer Advisors Inc. boosted its holdings in Hancock Whitney by 1.9% in the fourth quarter. Pacer Advisors Inc. now owns 12,845 shares of the company’s stock valued at $703,000 after purchasing an additional 238 shares during the last quarter. Finally, US Bancorp DE grew its position in Hancock Whitney by 11.4% during the 4th quarter. US Bancorp DE now owns 2,581 shares of the company’s stock worth $141,000 after purchasing an additional 265 shares during the period. Hedge funds and other institutional investors own 81.22% of the company’s stock.

Hancock Whitney Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Wednesday, March 5th were issued a $0.45 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.91%. This is a boost from Hancock Whitney’s previous quarterly dividend of $0.40. Hancock Whitney’s dividend payout ratio (DPR) is currently 34.09%.

Hancock Whitney Company Profile

Hancock Whitney Corporation operates as the financial holding company for Hancock Whitney Bank that provides traditional and online banking services to commercial, small business, and retail customers. It offers various transaction and savings deposit products consisting of brokered deposits, time deposits, and money market accounts; treasury management services, secured and unsecured loan products including revolving credit facilities, and letters of credit and similar financial guarantees; and trust and investment management services to retirement plans, corporations, and individuals, and investment advisory and brokerage products.