FY2026 EPS Estimates for Hancock Whitney Lowered by Analyst

Hancock Whitney Corporation (NASDAQ:HWC) – Investment analysts at DA Davidson cut their FY2026 EPS estimates for shares of Hancock Whitney in a research report issued on Monday, September 29th. DA Davidson analyst G. Tenner now anticipates that the company will earn $6.07 per share for the year, down from their prior estimate of $6.09. DA Davidson currently has a “Buy” rating and a $67.00 price target on the stock. The consensus estimate for Hancock Whitney’s current full-year earnings is $5.53 per share.

Several other brokerages also recently commented on HWC. Keefe, Bruyette & Woods downgraded shares of Hancock Whitney from an “outperform” rating to a “market perform” rating and raised their price target for the company from $62.00 to $63.00 in a report on Friday, July 11th. Hovde Group lifted their price objective on Hancock Whitney from $65.00 to $72.00 and gave the company an “outperform” rating in a research note on Wednesday, July 16th. Citigroup upped their target price on Hancock Whitney from $70.00 to $74.00 and gave the stock a “buy” rating in a research note on Tuesday, August 26th. Piper Sandler lifted their price target on Hancock Whitney from $70.00 to $72.00 and gave the company an “overweight” rating in a research report on Wednesday, July 16th. Finally, Wall Street Zen cut shares of Hancock Whitney from a “hold” rating to a “sell” rating in a research report on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $70.00.

Hancock Whitney Price Performance

Shares of NASDAQ:HWC opened at $62.06 on Wednesday. The company has a 50 day moving average of $61.68 and a 200 day moving average of $56.91. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.05. The stock has a market cap of $5.26 billion, a P/E ratio of 11.43 and a beta of 1.11. Hancock Whitney has a 12 month low of $43.90 and a 12 month high of $64.66.

Hancock Whitney (NASDAQ:HWC) last released its quarterly earnings data on Tuesday, July 15th. The company reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.01. The company had revenue of $377.98 million for the quarter, compared to analyst estimates of $375.99 million. Hancock Whitney had a return on equity of 11.21% and a net margin of 23.28%.During the same period in the previous year, the company posted $1.31 EPS.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Principal Financial Group Inc. lifted its holdings in shares of Hancock Whitney by 1.0% in the 1st quarter. Principal Financial Group Inc. now owns 199,532 shares of the company’s stock worth $10,465,000 after acquiring an additional 1,882 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Hancock Whitney by 5.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 10,016 shares of the company’s stock worth $525,000 after purchasing an additional 484 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in Hancock Whitney by 1.7% in the first quarter. The Manufacturers Life Insurance Company now owns 607,177 shares of the company’s stock worth $31,846,000 after purchasing an additional 10,157 shares during the last quarter. SG Americas Securities LLC purchased a new stake in Hancock Whitney during the first quarter valued at about $281,000. Finally, Allspring Global Investments Holdings LLC grew its stake in shares of Hancock Whitney by 6.8% during the first quarter. Allspring Global Investments Holdings LLC now owns 2,027,364 shares of the company’s stock valued at $105,139,000 after buying an additional 128,860 shares during the last quarter. 81.22% of the stock is currently owned by institutional investors.

Hancock Whitney Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, September 5th were given a $0.45 dividend. The ex-dividend date was Friday, September 5th. This represents a $1.80 dividend on an annualized basis and a yield of 2.9%. Hancock Whitney’s payout ratio is presently 33.15%.

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.