Zacks Research Issues Optimistic Outlook for PB Earnings

Prosperity Bancshares, Inc. (NYSE:PB) – Research analysts at Zacks Research lifted their Q1 2025 EPS estimates for shares of Prosperity Bancshares in a report issued on Tuesday, February 18th. Zacks Research analyst R. Department now forecasts that the bank will earn $1.34 per share for the quarter, up from their prior estimate of $1.31. The consensus estimate for Prosperity Bancshares’ current full-year earnings is $5.82 per share. Zacks Research also issued estimates for Prosperity Bancshares’ Q2 2025 earnings at $1.40 EPS, FY2025 earnings at $5.70 EPS, Q3 2026 earnings at $1.63 EPS and Q4 2026 earnings at $1.66 EPS.

Prosperity Bancshares (NYSE:PB) last posted its earnings results on Wednesday, January 29th. The bank reported $1.37 earnings per share (EPS) for the quarter, topping 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%.

Other analysts also recently issued research reports about the stock. Raymond James increased their target price on shares of Prosperity Bancshares from $82.00 to $87.00 and gave the stock an “outperform” rating in a research report on Thursday, January 30th. UBS Group lowered their price objective on shares of Prosperity Bancshares from $77.00 to $76.00 and set a “buy” rating for the company in a research report on Thursday, December 26th. Barclays increased their price objective on shares of Prosperity Bancshares from $84.00 to $88.00 and gave the company an “equal weight” rating in a research report on Friday, December 20th. Bank of America raised shares of Prosperity Bancshares from an “underperform” rating to a “neutral” rating and set a $80.00 price objective for the company in a research report on Tuesday, January 7th. Finally, Stephens increased their price objective on shares of Prosperity Bancshares from $93.00 to $94.00 and gave the company an “overweight” rating in a research report on Thursday, January 30th. Seven equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Prosperity Bancshares currently has a consensus rating of “Moderate Buy” and a consensus price target of $82.88.

Prosperity Bancshares Stock Performance

PB opened at $76.50 on Friday. The firm has a 50 day moving average price of $77.46 and a 200 day moving average price of $75.94. The company has a market cap of $7.29 billion, a PE ratio of 15.12, a price-to-earnings-growth ratio of 0.95 and a beta of 0.94. Prosperity Bancshares has a 1 year low of $57.16 and a 1 year high of $86.75.

Prosperity Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be given a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date of this dividend is Friday, March 14th. Prosperity Bancshares’s payout ratio is currently 45.85%.

Insider Transactions at Prosperity Bancshares

In related news, Director Harrison Stafford II sold 4,000 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of $80.07, for a total transaction of $320,280.00. Following the transaction, the director now directly owns 107,137 shares in the company, valued at $8,578,459.59. This trade represents a 3.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ned S. Holmes sold 500 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $84.66, for a total value of $42,330.00. Following the transaction, the director now owns 113,315 shares in the company, valued at $9,593,247.90. This trade represents a 0.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 14,000 shares of company stock valued at $1,140,995. 4.28% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Prosperity Bancshares

Several large investors have recently added to or reduced their stakes in the company. Blue Trust Inc. lifted its stake in Prosperity Bancshares by 14.9% during the fourth quarter. Blue Trust Inc. now owns 987 shares of the bank’s stock worth $71,000 after purchasing an additional 128 shares during the last quarter. CIBC Private Wealth Group LLC lifted its stake in Prosperity Bancshares by 4.4% during the fourth quarter. CIBC Private Wealth Group LLC now owns 3,069 shares of the bank’s stock worth $229,000 after purchasing an additional 128 shares during the last quarter. GAMMA Investing LLC lifted its stake in Prosperity Bancshares by 20.4% in 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. M&T Bank Corp lifted its stake in Prosperity Bancshares by 0.3% in the third quarter. M&T Bank Corp now owns 45,392 shares of the bank’s stock valued at $3,272,000 after buying an additional 149 shares during the last quarter. Finally, US Bancorp DE lifted its stake in Prosperity Bancshares by 3.4% in the third quarter. US Bancorp DE now owns 4,720 shares of the bank’s stock valued at $340,000 after buying an additional 153 shares during the last quarter. 80.69% of the stock is currently owned by institutional investors.

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.