Brokerages Set Prosperity Bancshares, Inc. (NYSE:PB) Price Target at $78.36

Posted by Brian Himes on Sep 20th, 2026

Shares of Prosperity Bancshares, Inc. (NYSE:PB – Get Free Report) have earned a consensus rating of “Hold” from the fourteen brokerages that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $78.3636.

PB has been the topic of a number of research reports. Wall Street Zen raised Prosperity Bancshares from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Piper Sandler raised their price objective on Prosperity Bancshares from $75.00 to $80.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. TD Cowen boosted their price objective on Prosperity Bancshares from $82.00 to $84.00 and gave the company a “buy” rating in a report on Friday, July 31st. Citigroup upped their target price on Prosperity Bancshares from $75.00 to $79.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Finally, Royal Bank Of Canada increased their target price on Prosperity Bancshares from $78.00 to $80.00 and gave the stock a “sector perform” rating in a report on Thursday, July 30th.

Read Our Latest Stock Analysis on Prosperity Bancshares

Prosperity Bancshares Trading Down 0.4%

PB opened at $70.05 on Thursday. The company has a fifty day moving average price of $72.94 and a two-hundred day moving average price of $70.39. Prosperity Bancshares has a 1-year low of $61.06 and a 1-year high of $77.20. The company has a market cap of $7.07 billion, a P/E ratio of 12.14, a price-to-earnings-growth ratio of 0.76 and a beta of 0.63. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.01.

Prosperity Bancshares (NYSE:PB – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The bank reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.50 by $0.12. The company had revenue of $391.25 million for the quarter, compared to analysts’ expectations of $380.73 million. Prosperity Bancshares had a net margin of 29.95% and a return on equity of 7.39%. The business’s revenue was up 25.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.42 EPS. Analysts predict that Prosperity Bancshares will post 6.48 EPS for the current fiscal year.

Prosperity Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Tuesday, September 15th. Prosperity Bancshares’s payout ratio is 41.59%.

Insiders Place Their Bets

In other Prosperity Bancshares news, Director Ned Holmes sold 600 shares of the firm’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $72.72, for a total value of $43,632.00. Following the transaction, the director directly owned 40,000 shares of the company’s stock, valued at approximately $2,908,800. This trade represents a 1.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 12,100 shares of company stock worth $880,912 in the last 90 days. Corporate insiders own 3.96% of the company’s stock.

Institutional Investors Weigh In On Prosperity Bancshares

Several hedge funds and other institutional investors have recently made changes to their positions in PB. BlackRock Inc. bought a new position in Prosperity Bancshares in the 2nd quarter valued at about $746,776,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Prosperity Bancshares during the 2nd quarter valued at about $350,099,000. Dimensional Fund Advisors LP boosted its stake in Prosperity Bancshares by 4.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,929,309 shares of the bank’s stock valued at $331,142,000 after purchasing an additional 205,291 shares during the last quarter. Geode Capital Management LLC increased its holdings in Prosperity Bancshares by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 1,876,428 shares of the bank’s stock worth $129,710,000 after purchasing an additional 7,602 shares in the last quarter. Finally, North Reef Capital Management LP increased its holdings in Prosperity Bancshares by 149.0% during the 1st quarter. North Reef Capital Management LP now owns 1,107,877 shares of the bank’s stock worth $74,427,000 after purchasing an additional 662,877 shares in the last quarter. 80.69% of the stock is owned by institutional investors.

About Prosperity Bancshares

(Get Free Report)

Prosperity Bancshares, Inc is a bank holding company headquartered in Houston, Texas. Through its principal subsidiary, Prosperity Bank, the company provides banking and financial services to individuals, businesses and institutions.

Prosperity Bank offers a range of deposit products, including checking, savings and time deposit accounts, along with consumer, residential mortgage, commercial and real estate lending. Its services also include treasury management, cash management, online and mobile banking, wealth management and other financial solutions designed for personal and business customers.

Founded in 1983, Prosperity Bancshares has expanded through organic growth and acquisitions.