Zacks Research Issues Negative Outlook for PB Earnings

Prosperity Bancshares, Inc. (NYSE:PB) – Zacks Research cut their Q1 2026 earnings per share estimates for shares of Prosperity Bancshares in a report issued on Thursday, November 28th. Zacks Research analyst R. Department now forecasts that the bank will post earnings of $1.49 per share for the quarter, down from their previous forecast of $1.54. The consensus estimate for Prosperity Bancshares’ current full-year earnings is $5.05 per share. Zacks Research also issued estimates for Prosperity Bancshares’ Q2 2026 earnings at $1.57 EPS and FY2026 earnings at $6.32 EPS.

Prosperity Bancshares (NYSE:PB) last released its earnings results on Wednesday, October 23rd. The bank reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.03. Prosperity Bancshares had a return on equity of 6.46% and a net margin of 25.39%. The business had revenue of $459.00 million for the quarter, compared to analyst estimates of $299.83 million. During the same quarter in the previous year, the company posted $1.20 earnings per share.

A number of other equities research analysts have also weighed in on the company. Barclays lifted their price objective on Prosperity Bancshares from $75.00 to $76.00 and gave the company an “equal weight” rating in a report on Thursday, October 24th. Hovde Group increased their price objective on Prosperity Bancshares from $80.50 to $82.50 and gave the stock an “outperform” rating in a research report on Monday, August 26th. Truist Financial cut shares of Prosperity Bancshares from a “buy” rating to a “hold” rating and lowered their price target for the stock from $81.00 to $79.00 in a research note on Friday, September 20th. StockNews.com downgraded shares of Prosperity Bancshares from a “hold” rating to a “sell” rating in a report on Friday, November 29th. Finally, Raymond James lowered shares of Prosperity Bancshares from a “strong-buy” rating to an “outperform” rating and set a $80.00 target price on the stock. in a research report on Tuesday, September 17th. One analyst has rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $79.95.

Prosperity Bancshares Stock Performance

Shares of Prosperity Bancshares stock opened at $83.34 on Monday. The company has a market cap of $7.94 billion, a P/E ratio of 17.69, a PEG ratio of 1.25 and a beta of 0.92. The firm has a fifty day moving average of $76.42 and a two-hundred day moving average of $70.09. Prosperity Bancshares has a one year low of $57.16 and a one year high of $86.75.

Prosperity Bancshares Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, December 13th will be given a dividend of $0.58 per share. This is an increase from Prosperity Bancshares’s previous quarterly dividend of $0.56. The ex-dividend date of this dividend is Friday, December 13th. This represents a $2.32 annualized dividend and a yield of 2.78%. Prosperity Bancshares’s dividend payout ratio (DPR) is presently 47.56%.

Insider Transactions at Prosperity Bancshares

In other news, Chairman H E. Timanus, Jr. sold 4,000 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $86.50, for a total transaction of $346,000.00. Following the transaction, the chairman now directly owns 229,953 shares in the company, valued at $19,890,934.50. This represents a 1.71 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Ned S. Holmes sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $84.66, for a total transaction of $42,330.00. Following the completion of the sale, the director now owns 113,315 shares of the company’s stock, valued at approximately $9,593,247.90. The trade was a 0.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 6,600 shares of company stock valued at $562,594 over the last three months. 4.28% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Prosperity Bancshares

Large investors have recently bought and sold shares of the stock. M&T Bank Corp grew its stake in Prosperity Bancshares by 0.3% during the third quarter. M&T Bank Corp now owns 45,392 shares of the bank’s stock worth $3,272,000 after buying an additional 149 shares during the period. US Bancorp DE lifted its holdings in shares of Prosperity Bancshares by 3.4% during the 3rd quarter. US Bancorp DE now owns 4,720 shares of the bank’s stock valued at $340,000 after acquiring an additional 153 shares in the last quarter. GAMMA Investing LLC boosted its position in Prosperity Bancshares by 59.6% during the 2nd quarter. GAMMA Investing LLC now owns 474 shares of the bank’s stock worth $29,000 after purchasing an additional 177 shares during the period. Tectonic Advisors LLC increased its holdings in Prosperity Bancshares by 3.0% in the 3rd quarter. Tectonic Advisors LLC now owns 7,058 shares of the bank’s stock valued at $509,000 after purchasing an additional 206 shares in the last quarter. Finally, Tidal Investments LLC raised its position in Prosperity Bancshares by 5.7% in the third quarter. Tidal Investments LLC now owns 3,875 shares of the bank’s stock valued at $279,000 after purchasing an additional 209 shares during the period. Hedge funds and other institutional investors own 80.69% of the company’s stock.

Prosperity Bancshares Company Profile

Prosperity Bancshares, Inc operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts, as well as and certificates of deposit. The company also offers 1-4 family residential mortgage, commercial real estate and multifamily residential, commercial and industrial, agricultural, and non-real estate agricultural loans, as well as construction, land development, and other land loans; consumer loans, including automobile, recreational vehicle, boat, home improvement, personal, and deposit account collateralized loans; term loans and lines of credit; and consumer durables and home equity loans, as well as loans for working capital, business expansion, and purchase of equipment and machinery.