Wall Street Zen Upgrades Prosperity Bancshares (NYSE:PB) to Sell

Posted by Francis Steltz on May 18th, 2026

Prosperity Bancshares (NYSE:PB – Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a research note issued to investors on Saturday.

PB has been the topic of several other research reports. Piper Sandler raised their price objective on Prosperity Bancshares from $74.00 to $75.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Barclays lowered Prosperity Bancshares from an “equal weight” rating to an “underweight” rating and cut their price target for the company from $75.00 to $68.00 in a research note on Monday, February 2nd. Janney Montgomery Scott downgraded Prosperity Bancshares from a “buy” rating to a “neutral” rating in a research note on Tuesday, February 3rd. Morgan Stanley cut their target price on shares of Prosperity Bancshares from $91.00 to $83.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 31st. Finally, Hovde Group boosted their target price on shares of Prosperity Bancshares from $75.00 to $77.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Six research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $77.50.

View Our Latest Report on PB

Prosperity Bancshares Price Performance

PB stock opened at $66.44 on Friday. The stock has a market cap of $6.70 billion, a price-to-earnings ratio of 12.04, a P/E/G ratio of 1.02 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. The company has a 50 day simple moving average of $67.65 and a 200 day simple moving average of $69.39. Prosperity Bancshares has a 1 year low of $61.06 and a 1 year high of $77.20.

Prosperity Bancshares (NYSE:PB – Get Free Report) last issued its earnings results on Wednesday, April 29th. The bank reported $1.50 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.09. The firm had revenue of $367.62 million for the quarter, compared to analyst estimates of $358.60 million. Prosperity Bancshares had a net margin of 29.50% and a return on equity of 7.20%. The company’s quarterly revenue was up 19.9% on a year-over-year basis. During the same quarter last year, the business posted $1.37 earnings per share. Research analysts anticipate that Prosperity Bancshares will post 6.24 EPS for the current fiscal year.

Insider Transactions at Prosperity Bancshares

In other Prosperity Bancshares news, Director Ned S. Holmes sold 600 shares of the stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $71.30, for a total transaction of $42,780.00. Following the transaction, the director directly owned 41,700 shares in the company, valued at approximately $2,973,210. This represents a 1.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 13,200 shares of company stock valued at $901,592 over the last quarter. 3.96% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Prosperity Bancshares

Large investors have recently bought and sold shares of the stock. Community Bank N.A. acquired a new stake in shares of Prosperity Bancshares in the 3rd quarter valued at about $29,000. Danske Bank A S bought a new stake in Prosperity Bancshares during the 3rd quarter valued at $40,000. Annis Gardner Whiting Capital Advisors LLC acquired a new position in Prosperity Bancshares during the third quarter worth $42,000. SouthState Bank Corp acquired a new position in shares of Prosperity Bancshares during the fourth quarter valued at about $49,000. Finally, Osaic Holdings Inc. increased its position in shares of Prosperity Bancshares by 34.9% during the second quarter. Osaic Holdings Inc. now owns 719 shares of the bank’s stock worth $51,000 after acquiring an additional 186 shares in the last quarter. 80.69% of the stock is currently owned by institutional investors and hedge funds.

About Prosperity Bancshares

(Get Free Report)

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.