Q1 EPS Estimate for Prosperity Bancshares Raised by Analyst

Prosperity Bancshares, Inc. (NYSE:PB) – Analysts at Zacks Research raised their Q1 2025 earnings estimates for Prosperity Bancshares in a report released on Tuesday, March 11th. Zacks Research analyst R. Department now anticipates that the bank will earn $1.35 per share for the quarter, up from their prior forecast of $1.34. The consensus estimate for Prosperity Bancshares’ current full-year earnings is $5.83 per share. Zacks Research also issued estimates for Prosperity Bancshares’ Q4 2025 earnings at $1.51 EPS, FY2025 earnings at $5.73 EPS, Q4 2026 earnings at $1.67 EPS and FY2027 earnings at $7.20 EPS.

A number of other brokerages also recently issued reports on PB. Raymond James increased their price target on shares of Prosperity Bancshares from $82.00 to $87.00 and gave the stock an “outperform” rating in a report on Thursday, January 30th. Bank of America raised shares of Prosperity Bancshares from an “underperform” rating to a “neutral” rating and set a $80.00 price target on the stock in a report on Tuesday, January 7th. StockNews.com raised shares of Prosperity Bancshares from a “sell” rating to a “hold” rating in a report on Tuesday. 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 report on Friday, December 20th. Finally, Wolfe Research reaffirmed a “peer perform” rating on shares of Prosperity Bancshares in a report on Thursday, December 5th. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Prosperity Bancshares has a consensus rating of “Moderate Buy” and a consensus price target of $82.88.

Prosperity Bancshares Stock Performance

Shares of NYSE PB opened at $70.24 on Thursday. The company’s fifty day moving average price is $77.08 and its 200 day moving average price is $76.34. Prosperity Bancshares has a 1 year low of $57.16 and a 1 year high of $86.76. The company has a market capitalization of $6.69 billion, a PE ratio of 13.88, a price-to-earnings-growth ratio of 0.94 and a beta of 0.94.

Prosperity Bancshares (NYSE:PB) last announced its quarterly 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%.

Institutional Investors Weigh In On Prosperity Bancshares

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Prosperity Bancshares by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 9,780,006 shares of the bank’s stock valued at $736,923,000 after acquiring an additional 44,567 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Prosperity Bancshares by 1.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,586,260 shares of the bank’s stock valued at $345,575,000 after acquiring an additional 48,304 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Prosperity Bancshares by 1.4% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,342,047 shares of the bank’s stock valued at $176,473,000 after acquiring an additional 32,917 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Prosperity Bancshares by 0.9% during the third quarter. Geode Capital Management LLC now owns 1,708,509 shares of the bank’s stock valued at $123,162,000 after acquiring an additional 15,309 shares during the last quarter. Finally, Snyder Capital Management L P increased its position in shares of Prosperity Bancshares by 7.3% during the fourth quarter. Snyder Capital Management L P now owns 1,220,977 shares of the bank’s stock valued at $92,001,000 after acquiring an additional 83,488 shares during the last quarter. 80.69% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Prosperity Bancshares

In related news, Director Harrison Stafford II sold 4,000 shares of the firm’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $80.07, for a total transaction of $320,280.00. Following the completion of the sale, the director now directly owns 107,137 shares in the company, valued at approximately $8,578,459.59. This trade represents a 3.60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ned S. Holmes sold 500 shares of the firm’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $73.62, for a total transaction of $36,810.00. Following the sale, the director now owns 105,315 shares of the company’s stock, valued at approximately $7,753,290.30. The trade was a 0.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,000 shares of company stock valued at $706,870. Corporate insiders own 4.28% of the company’s stock.

Prosperity Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be paid a $0.58 dividend. This represents a $2.32 annualized dividend and a dividend yield of 3.30%. The ex-dividend date of this dividend is Friday, March 14th. Prosperity Bancshares’s dividend payout ratio is currently 45.85%.

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.