Hancock Whitney (HWC) Expected to Announce Earnings on Tuesday

Hancock Whitney (NASDAQ:HWC) is anticipated to announce its earnings results after the market closes on Tuesday, April 15th. Analysts expect the company to announce earnings of $1.28 per share and revenue of $368.12 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Hancock Whitney (NASDAQ:HWC) last posted its quarterly earnings results on Tuesday, January 21st. The company reported $1.40 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.12. Hancock Whitney had a net margin of 22.40% and a return on equity of 11.56%. During the same quarter in the prior year, the business earned $1.26 earnings per share. On average, analysts expect Hancock Whitney to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Hancock Whitney Price Performance

Shares of HWC stock opened at $46.12 on Tuesday. The firm’s 50 day moving average price is $55.21 and its two-hundred day moving average price is $55.37. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.79 and a current ratio of 0.79. Hancock Whitney has a 52-week low of $41.56 and a 52-week high of $62.40. The stock has a market cap of $3.97 billion, a PE ratio of 8.73 and a beta of 0.99.

Hancock Whitney Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Wednesday, March 5th were given a $0.45 dividend. This is a positive change from Hancock Whitney’s previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a dividend yield of 3.90%. The ex-dividend date was Wednesday, March 5th. Hancock Whitney’s dividend payout ratio (DPR) is currently 34.09%.

Wall Street Analysts Forecast Growth

HWC has been the topic of several analyst reports. Raymond James reissued a “strong-buy” rating and issued a $72.00 target price (up previously from $64.00) on shares of Hancock Whitney in a research note on Wednesday, January 22nd. Stephens reiterated an “overweight” rating and issued a $74.00 price target (up from $68.00) on shares of Hancock Whitney in a research report on Wednesday, January 22nd. Finally, StockNews.com raised shares of 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 assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Hancock Whitney has an average rating of “Moderate Buy” and an average target price of $62.56.

About Hancock Whitney

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.