A number of firms have modified their ratings and price targets on shares of Prosperity Bancshares (NYSE: PB) recently:
- 10/29/2026 – Prosperity Bancshares had its price target raised by TD Cowen from $78.00 to $80.00. They now have a “buy” rating on the stock.
- 10/29/2026 – Prosperity Bancshares had its “outperform” rating reaffirmed by Keefe, Bruyette & Woods.
- 10/29/2026 – Prosperity Bancshares had its price target raised by Stephens from $85.00 to $87.00. They now have an “overweight” rating on the stock.
- 10/29/2026 – Prosperity Bancshares was upgraded by Stonex Financia from “hold” to “strong-buy”.
- 10/29/2026 – Prosperity Bancshares had its price target raised by Royal Bank Of Canada from $77.00 to $79.00. They now have a “sector perform” rating on the stock.
- 10/29/2026 – Prosperity Bancshares had its price target raised by Citigroup from $77.00 to $78.00. They now have a “neutral” rating on the stock.
- 10/29/2026 – Prosperity Bancshares had its price target lowered by Piper Sandler from $80.00 to $78.00. They now have a “neutral” rating on the stock.
- 10/23/2026 – Prosperity Bancshares was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
- 10/14/2026 – Prosperity Bancshares had its price target lowered by Cantor Fitzgerald from $85.00 to $78.00. They now have an “overweight” rating on the stock.
- 10/9/2026 – Prosperity Bancshares was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
- 10/9/2026 – Prosperity Bancshares had its price target lowered by Royal Bank Of Canada from $80.00 to $77.00. They now have a “sector perform” rating on the stock.
- 10/6/2026 – Prosperity Bancshares was upgraded by Raymond James Financial from “market perform” to “outperform”. They now have a $78.00 price target on the stock.
- 10/5/2026 – Prosperity Bancshares had its price target raised by Barclays from $68.00 to $70.00. They now have an “underweight” rating on the stock.
- 10/5/2026 – Prosperity Bancshares had its price target lowered by TD Cowen from $84.00 to $78.00. They now have a “buy” rating on the stock.
- 9/28/2026 – Prosperity Bancshares had its price target raised by Morgan Stanley from $80.00 to $81.00. They now have an “underweight” rating on the stock.
- 9/24/2026 – Prosperity Bancshares was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
- 9/22/2026 – Prosperity Bancshares had its price target lowered by Citigroup from $79.00 to $77.00. They now have a “neutral” rating on the stock.
- 9/8/2026 – Prosperity Bancshares was downgraded by Morgan Stanley from “equal weight” to “underweight”. They now have a $80.00 price target on the stock.
Prosperity Bancshares Price Performance
Shares of NYSE PB traded down $0.87 during trading hours on Tuesday, hitting $73.04. 1,243,600 shares of the stock were exchanged, compared to its average volume of 907,648. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.77 and a current ratio of 0.77. The company has a market cap of $7.37 billion, a PE ratio of 13.28, a price-to-earnings-growth ratio of 0.82 and a beta of 0.64. The company’s fifty day simple moving average is $69.55 and its two-hundred day simple moving average is $70.37. Prosperity Bancshares, Inc. has a 1-year low of $63.20 and a 1-year high of $77.20.
Prosperity Bancshares (NYSE:PB – Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The bank reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.32. Prosperity Bancshares had a net margin of 26.99% and a return on equity of 7.68%. The company had revenue of $495.70 million for the quarter, compared to analyst estimates of $491.49 million. During the same period in the previous year, the firm posted $1.45 EPS. The firm’s revenue was up 56.0% on a year-over-year basis. On average, sell-side analysts predict that Prosperity Bancshares, Inc. will post 6.48 EPS for the current year.
Prosperity Bancshares Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Shareholders of record on Tuesday, December 15th will be issued a dividend of $0.64 per share. This represents a $2.56 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Tuesday, December 15th. This is a positive change from Prosperity Bancshares’s previous quarterly dividend of $0.60. Prosperity Bancshares’s payout ratio is presently 43.64%.
Insider Transactions at Prosperity Bancshares
In related news, Director Ned Holmes sold 600 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $74.61, for a total value of $44,766.00. Following the sale, the director owned 39,400 shares of the company’s stock, valued at $2,939,634. The trade was a 1.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In the last ninety days, insiders have sold 13,800 shares of company stock valued at $973,234. Corporate insiders own 3.96% of the company’s stock.
Prosperity Bancshares, Inc is a regional bank holding company headquartered in Houston, Texas. Through its principal subsidiary, Prosperity Bank, the company provides banking and financial services to individuals, businesses, and public entities.
Prosperity Bank offers deposit products, commercial and consumer lending, mortgage and real estate lending, treasury management, online and mobile banking, and other traditional banking services. Its lending activities include financing for commercial businesses, agriculture, residential and commercial real estate, and personal needs.
Founded in 1983, Prosperity Bancshares has expanded primarily through organic growth and the acquisition of community banks.
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