Research Analysts Offer Predictions for Hancock Whitney Co.’s FY2024 Earnings (NASDAQ:HWC)

Hancock Whitney Co. (NASDAQ:HWC) – Stock analysts at Zacks Research lifted their FY2024 earnings per share (EPS) estimates for shares of Hancock Whitney in a research report issued to clients and investors on Monday, October 7th. Zacks Research analyst R. Department now expects that the company will post earnings of $5.12 per share for the year, up from their previous forecast of $5.08. The consensus estimate for Hancock Whitney’s current full-year earnings is $5.16 per share. Zacks Research also issued estimates for Hancock Whitney’s Q3 2025 earnings at $1.24 EPS, Q4 2025 earnings at $1.34 EPS, FY2025 earnings at $5.07 EPS, Q2 2026 earnings at $1.29 EPS and Q3 2026 earnings at $1.36 EPS.

Hancock Whitney (NASDAQ:HWC) last posted its quarterly earnings results on Tuesday, July 16th. The company reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.11. The firm had revenue of $359.60 million during the quarter, compared to the consensus estimate of $359.11 million. Hancock Whitney had a return on equity of 11.51% and a net margin of 18.63%. The firm’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.35 earnings per share.

Other equities analysts have also recently issued reports about the stock. DA Davidson upped their price objective on shares of Hancock Whitney from $57.00 to $63.00 and gave the company a “buy” rating in a research report on Wednesday, July 17th. Jefferies Financial Group lowered their target price on shares of Hancock Whitney from $48.00 to $47.00 and set a “hold” rating for the company in a research note on Wednesday, July 3rd. Truist Financial reduced their price target on shares of Hancock Whitney from $57.00 to $56.00 and set a “hold” rating on the stock in a research report on Friday, September 20th. Keefe, Bruyette & Woods boosted their price objective on shares of Hancock Whitney from $55.00 to $60.00 and gave the company an “outperform” rating in a research report on Wednesday, July 17th. Finally, Piper Sandler increased their price objective on shares of Hancock Whitney from $52.00 to $62.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 17th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $56.67.

Hancock Whitney Trading Up 0.4 %

NASDAQ:HWC opened at $51.00 on Thursday. Hancock Whitney has a 12 month low of $32.16 and a 12 month high of $57.78. The business’s 50-day moving average is $50.40 and its two-hundred day moving average is $48.27. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.81 and a quick ratio of 0.81. The firm has a market capitalization of $4.42 billion, a PE ratio of 11.89 and a beta of 1.26.

Institutional Trading of Hancock Whitney

Institutional investors have recently modified their holdings of the company. CHICAGO TRUST Co NA acquired a new position in shares of Hancock Whitney in the third quarter valued at $202,000. CWM LLC raised its stake in shares of Hancock Whitney by 170.3% in the 3rd quarter. CWM LLC now owns 2,662 shares of the company’s stock valued at $136,000 after buying an additional 1,677 shares in the last quarter. Handelsbanken Fonder AB lifted its holdings in shares of Hancock Whitney by 31.2% during the 3rd quarter. Handelsbanken Fonder AB now owns 20,174 shares of the company’s stock worth $1,032,000 after acquiring an additional 4,800 shares during the period. Clifford Capital Partners LLC boosted its position in shares of Hancock Whitney by 12.2% during the 2nd quarter. Clifford Capital Partners LLC now owns 8,434 shares of the company’s stock valued at $403,000 after acquiring an additional 916 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in Hancock Whitney in the second quarter valued at about $813,000. Institutional investors and hedge funds own 81.22% of the company’s stock.

Insiders Place Their Bets

In other news, Director Frank E. Bertucci sold 2,053 shares of Hancock Whitney stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $57.03, for a total value of $117,082.59. Following the transaction, the director now directly owns 22,554 shares in the company, valued at approximately $1,286,254.62. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.10% of the company’s stock.

Hancock Whitney Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Thursday, September 5th were issued a $0.40 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $1.60 annualized dividend and a yield of 3.14%. Hancock Whitney’s dividend payout ratio (DPR) is presently 37.30%.

Hancock Whitney Company Profile

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.