Prosperity Bancshares, Inc. (NYSE:PB) Given Consensus Rating of “Hold” by Brokerages

Shares of Prosperity Bancshares, Inc. (NYSE:PB) have received a consensus recommendation of “Hold” from the thirteen research firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $76.8182.

Several research firms have issued reports on PB. DA Davidson reissued a “neutral” rating and issued a $76.00 price target on shares of Prosperity Bancshares in a research note on Thursday, January 29th. TD Cowen lifted their price target on Prosperity Bancshares from $77.00 to $79.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Wall Street Zen raised Prosperity Bancshares from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 16th. Morgan Stanley dropped their price target on Prosperity Bancshares from $91.00 to $83.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 31st. Finally, Citigroup lifted their price target on Prosperity Bancshares from $72.00 to $74.00 and gave the company a “neutral” rating in a research note on Monday, May 4th.

Insider Activity

In related news, Director Ned S. Holmes sold 500 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $68.78, for a total transaction of $34,390.00. Following the completion of the transaction, the director directly owned 77,115 shares of the company’s stock, valued at approximately $5,303,969.70. This represents a 0.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold a total of 14,300 shares of company stock valued at $977,250 over the last 90 days. 3.96% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Community Bank N.A. acquired a new position in Prosperity Bancshares during the third quarter valued at approximately $29,000. Danske Bank A S acquired a new position in Prosperity Bancshares during the third quarter valued at approximately $40,000. Annis Gardner Whiting Capital Advisors LLC acquired a new position in Prosperity Bancshares during the third quarter valued at approximately $42,000. SouthState Bank Corp acquired a new position in Prosperity Bancshares during the fourth quarter valued at approximately $49,000. Finally, Osaic Holdings Inc. boosted its position in Prosperity Bancshares by 34.9% during the second quarter. Osaic Holdings Inc. now owns 719 shares of the bank’s stock valued at $51,000 after purchasing an additional 186 shares during the last quarter. 80.69% of the stock is owned by institutional investors and hedge funds.

Key Prosperity Bancshares News

Here are the key news stories impacting Prosperity Bancshares this week:

• Positive Sentiment: Zacks Research raised earnings estimates for Prosperity Bancshares across multiple periods, including FY2026 to $6.24 per share, Q2 2026 to $1.52, Q1 2027 to $1.64, Q2 2027 to $1.74, Q1 2028 to $1.90, and FY2028 to $7.86, suggesting stronger long-term profit expectations.
• Positive Sentiment: The firm’s FY2026 estimate now matches the consensus at $6.24 per share, reinforcing the view that current-year earnings remain on track.
• Neutral Sentiment: Director Ned S. Holmes disclosed two small share sales totaling 1,100 shares at $68.78 each, which may be viewed as routine insider activity but does not necessarily signal a major change in fundamentals. Article Title
• Negative Sentiment: Zacks also trimmed some longer-dated estimates, including Q4 2026 to $1.63 from $1.66, Q3 2027 to $1.85 from $2.03, Q4 2027 to $1.92 from $1.98, and FY2027 to $7.16 from $7.25, which could limit upside if investors focus on near-term growth moderation.

Prosperity Bancshares Stock Performance

PB opened at $69.17 on Friday. The business’s 50-day moving average price is $67.68 and its two-hundred day moving average price is $69.50. Prosperity Bancshares has a 1 year low of $61.06 and a 1 year high of $77.20. The company has a market capitalization of $6.98 billion, a price-to-earnings ratio of 12.53, a P/E/G ratio of 1.06 and a beta of 0.65. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.76 and a quick ratio of 0.76.

Prosperity Bancshares (NYSE:PB) last released its quarterly earnings results on Wednesday, April 29th. The bank reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.09. Prosperity Bancshares had a return on equity of 7.20% and a net margin of 29.50%.The firm had revenue of $367.62 million for the quarter, compared to the consensus estimate of $358.60 million. During the same quarter last year, the business posted $1.37 EPS. The company’s revenue for the quarter was up 19.9% on a year-over-year basis. Equities analysts expect that Prosperity Bancshares will post 6.27 EPS for the current fiscal year.

Prosperity Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be given a $0.60 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.5%. Prosperity Bancshares’s payout ratio is currently 43.48%.

About Prosperity Bancshares

Prosperity Bancshares, Inc is a holding company for Prosperity Bank, offering a broad range of commercial and consumer banking services across Texas, Oklahoma, Arkansas and Louisiana. Through its network of branches and digital platforms, the company provides deposit products, business and real estate lending, treasury management, mortgage origination and servicing, as well as wealth management and trust services.

Originally chartered in 1911 as First National Bank in McKinney, Texas, the organization rebranded to Prosperity Bank in 2009 following a series of strategic acquisitions aimed at deepening its regional presence.