Q2 EPS Estimates for Prosperity Bancshares Raised by Wedbush

Prosperity Bancshares, Inc. (NYSE:PB) – Stock analysts at Wedbush upped their Q2 2025 EPS estimates for Prosperity Bancshares in a report released on Wednesday, October 23rd. Wedbush analyst D. Chiaverini now anticipates that the bank will earn $1.43 per share for the quarter, up from their previous estimate of $1.42. Wedbush currently has a “Outperform” rating and a $90.00 target price on the stock. The consensus estimate for Prosperity Bancshares’ current full-year earnings is $5.03 per share. Wedbush also issued estimates for Prosperity Bancshares’ Q4 2025 earnings at $1.55 EPS and FY2026 earnings at $6.45 EPS.

Other research analysts have also recently issued reports about the stock. Hovde Group lifted their price objective on shares of Prosperity Bancshares from $80.50 to $82.50 and gave the company an “outperform” rating in a report on Monday, August 26th. Truist Financial lowered Prosperity Bancshares from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $81.00 to $79.00 in a report on Friday, September 20th. Raymond James lowered Prosperity Bancshares from a “strong-buy” rating to an “outperform” rating and set a $80.00 target price on the stock. in a report on Tuesday, September 17th. Morgan Stanley raised Prosperity Bancshares from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $75.00 to $86.00 in a research report on Monday, August 5th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $77.00 price objective on shares of Prosperity Bancshares in a research note on Thursday. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, Prosperity Bancshares has an average rating of “Moderate Buy” and a consensus price target of $78.96.

Prosperity Bancshares Stock Down 1.7 %

Shares of PB opened at $72.26 on Friday. The business’s fifty day moving average is $72.21 and its 200 day moving average is $66.66. Prosperity Bancshares has a 12-month low of $52.49 and a 12-month high of $75.28. The stock has a market cap of $6.93 billion, a P/E ratio of 16.65, a P/E/G ratio of 1.52 and a beta of 0.89.

Prosperity Bancshares (NYSE:PB) last posted its quarterly earnings results on Wednesday, October 23rd. The bank reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.03. The business had revenue of $459.00 million for the quarter, compared to the consensus estimate of $299.83 million. Prosperity Bancshares had a return on equity of 6.32% and a net margin of 25.10%. During the same period in the prior year, the business earned $1.20 EPS.

Institutional Investors Weigh In On Prosperity Bancshares

Several large investors have recently modified their holdings of PB. Nisa Investment Advisors LLC lifted its position in shares of Prosperity Bancshares by 16.5% during the 3rd quarter. Nisa Investment Advisors LLC now owns 14,804 shares of the bank’s stock valued at $1,075,000 after buying an additional 2,100 shares during the last quarter. First Financial Bankshares Inc raised its stake in Prosperity Bancshares by 16.8% in the 3rd quarter. First Financial Bankshares Inc now owns 14,554 shares of the bank’s stock valued at $1,049,000 after acquiring an additional 2,096 shares during the period. State of Alaska Department of Revenue lifted its holdings in Prosperity Bancshares by 7.2% during the third quarter. State of Alaska Department of Revenue now owns 11,182 shares of the bank’s stock valued at $805,000 after purchasing an additional 750 shares during the last quarter. Financial Management Professionals Inc. boosted its position in Prosperity Bancshares by 32.4% during the third quarter. Financial Management Professionals Inc. now owns 1,722 shares of the bank’s stock worth $124,000 after purchasing an additional 421 shares during the period. Finally, GHP Investment Advisors Inc. increased its stake in shares of Prosperity Bancshares by 1.3% in the third quarter. GHP Investment Advisors Inc. now owns 17,967 shares of the bank’s stock worth $1,295,000 after purchasing an additional 228 shares in the last quarter. Hedge funds and other institutional investors own 80.69% of the company’s stock.

Prosperity Bancshares Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Friday, December 13th will be issued a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a yield of 3.21%. The ex-dividend date of this dividend is Friday, December 13th. This is an increase from Prosperity Bancshares’s previous quarterly dividend of $0.56. Prosperity Bancshares’s dividend payout ratio (DPR) is 53.46%.

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.