Prosperity Bancshares (NYSE:PB) Price Target Raised to $80.00

Posted by Stanley Muller on Aug 2nd, 2026

Prosperity Bancshares (NYSE:PB – Free Report) had its price objective increased by Piper Sandler from $75.00 to $80.00 in a report released on Thursday,Benzinga reports. They currently have a neutral rating on the bank’s stock.

Several other equities analysts have also issued reports on PB. Benchmark assumed coverage on shares of Prosperity Bancshares in a report on Wednesday, June 24th. They issued a “hold” rating for the company. Weiss Ratings upgraded Prosperity Bancshares from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, July 1st. Cantor Fitzgerald reissued an “overweight” rating and issued a $80.00 target price on shares of Prosperity Bancshares in a research note on Tuesday, June 23rd. Citigroup increased their price target on Prosperity Bancshares from $74.00 to $75.00 and gave the stock a “neutral” rating in a report on Thursday, June 25th. Finally, TD Cowen raised their price target on Prosperity Bancshares from $77.00 to $79.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Five research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Prosperity Bancshares presently has a consensus rating of “Hold” and a consensus target price of $78.36.

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Prosperity Bancshares Price Performance

Shares of PB opened at $74.79 on Thursday. The stock has a market cap of $7.54 billion, a P/E ratio of 12.96, a price-to-earnings-growth ratio of 1.18 and a beta of 0.63. Prosperity Bancshares has a 1 year low of $61.06 and a 1 year high of $77.20. The stock’s 50-day moving average price is $71.65 and its two-hundred day moving average price is $70.28. The company has a current ratio of 0.75, a quick ratio of 0.76 and a debt-to-equity ratio of 0.01.

Prosperity Bancshares (NYSE:PB – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The bank reported $1.62 EPS for the quarter, beating analysts’ consensus estimates of $1.50 by $0.12. Prosperity Bancshares had a return on equity of 7.39% and a net margin of 29.95%.The company had revenue of $391.25 million during the quarter, compared to analysts’ expectations of $380.73 million. During the same period in the prior year, the business posted $1.42 EPS. Prosperity Bancshares’s revenue was up 25.9% on a year-over-year basis. On average, equities analysts predict that Prosperity Bancshares will post 6.37 earnings per share for the current year.

Prosperity Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Tuesday, September 15th. Prosperity Bancshares’s dividend payout ratio (DPR) is presently 41.59%.

Insider Buying and Selling

In related news, Director Ned S. Holmes sold 500 shares of the company’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $74.25, for a total value of $37,125.00. Following the completion of the transaction, the director directly owned 72,115 shares of the company’s stock, valued at approximately $5,354,538.75. This represents a 0.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders have sold 12,100 shares of company stock valued at $854,426. Insiders own 3.96% of the company’s stock.

Institutional Trading of Prosperity Bancshares

Several hedge funds and other institutional investors have recently modified their holdings of PB. Danske Bank A S acquired a new position in shares of Prosperity Bancshares during the third quarter worth about $40,000. SouthState Bank Corp acquired a new position in Prosperity Bancshares during the 4th quarter worth approximately $49,000. Osaic Holdings Inc. boosted its position in Prosperity Bancshares by 34.9% during the 2nd quarter. Osaic Holdings Inc. now owns 719 shares of the bank’s stock worth $51,000 after acquiring an additional 186 shares during the last quarter. Eurizon Capital SGR S.p.A. bought a new position in shares of Prosperity Bancshares during the 4th quarter worth approximately $55,000. Finally, Group One Trading LLC bought a new position in shares of Prosperity Bancshares during the 4th quarter worth approximately $66,000. Institutional investors and hedge funds own 80.69% of the company’s stock.

Key Headlines Impacting Prosperity Bancshares

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

Positive Sentiment: Strong Q2 earnings and revenue growth: Prosperity Bancshares reported adjusted earnings of $1.62 per share, exceeding the $1.51 consensus estimate, while revenue rose 25.9% year over year to $391.26 million. Results benefited from contributions from the Stellar Bancorp acquisition and the absence of a credit-loss provision. PB’s Q2 Earnings Beat Estimates as Revenues Rise, Stellar Deal Closed
Positive Sentiment: Merger upside highlighted: Management’s earnings call emphasized the potential benefits of completing the Stellar Bancorp buyout, including increased scale and revenue contributions. Investors may view the integration as a source of additional earnings growth. Prosperity Bancshares Earnings Call Highlights Merger Upside
Positive Sentiment: Price targets raised: Royal Bank of Canada increased its target from $78 to $80, while Piper Sandler raised its target from $75 to $80. Both targets indicate approximately 7% potential upside from the referenced trading level, although neither firm assigned a bullish rating.
Neutral Sentiment: Dividend appeal: A recent analysis points to Prosperity Bancshares’ potential as a dividend stock, which could attract income-focused investors, though the article does not identify a new dividend increase or policy change. This is Why Prosperity Bancshares Is a Great Dividend Stock
Negative Sentiment: Insider selling: Director Ned S. Holmes sold a combined 1,100 shares worth roughly $81,700. The sales reduced his holdings by less than 2.2% overall, making the signal relatively minor but modestly negative.

Prosperity Bancshares Company Profile

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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.