EPS for Prosperity Bancshares, Inc. (PB) Expected At $1.00

January 18, 2018 - By Marguerite Chambers

 EPS for Prosperity Bancshares, Inc. (PB) Expected At $1.00

Analysts expect Prosperity Bancshares, Inc. (NYSE:PB) to report $1.00 EPS on January, 24.They anticipate $0.01 EPS change or 1.01 % from last quarter’s $0.99 EPS. PB’s profit would be $69.48 million giving it 18.61 P/E if the $1.00 EPS is correct. After having $0.98 EPS previously, Prosperity Bancshares, Inc.’s analysts see 2.04 % EPS growth. The stock decreased 0.06% or $0.04 during the last trading session, reaching $74.42. About 136,272 shares traded. Prosperity Bancshares, Inc. (NYSE:PB) has risen 27.06% since January 18, 2017 and is uptrending. It has outperformed by 10.36% the S&P500.

Prosperity Bancshares, Inc. (NYSE:PB) Ratings Coverage

Among 19 analysts covering Prosperity Bancshares (NYSE:PB), 4 have Buy rating, 5 Sell and 10 Hold. Therefore 21% are positive. Prosperity Bancshares has $80.0 highest and $46 lowest target. $66.54’s average target is -10.59% below currents $74.42 stock price. Prosperity Bancshares had 50 analyst reports since July 28, 2015 according to SRatingsIntel. As per Thursday, June 9, the company rating was upgraded by Evercore. The stock of Prosperity Bancshares, Inc. (NYSE:PB) earned “Hold” rating by RBC Capital Markets on Thursday, September 7. On Tuesday, October 31 the stock rating was maintained by SunTrust with “Buy”. The stock has “Mkt Perform” rating by FBR Capital on Tuesday, July 28. The firm earned “Mkt Perform” rating on Thursday, January 26 by FBR Capital. FBR Capital reinitiated the shares of PB in report on Tuesday, October 11 with “Outperform” rating. Sterne Agee CRT upgraded the stock to “Underperform” rating in Wednesday, August 26 report. The firm has “Buy” rating given on Thursday, September 28 by SunTrust. On Thursday, June 1 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The company was downgraded on Friday, April 28 by Wood.

Prosperity Bancshares, Inc. operates as bank holding firm for the Prosperity Bank that provides a range of retail and commercial banking services to small and medium-sized businesses, and consumers. The company has market cap of $5.17 billion. The firm offers various deposit products, including demand, savings, money market, and time accounts. It has a 18.89 P/E ratio. It also provides one to four family residential mortgage loans, commercial mortgage and multifamily residential loans, commercial and industrial loans, agricultural real estate loans, and non-real estate agricultural loans, as well as construction, land development, and other land loans; consumer loans, such as automobile, recreational vehicle, boat, home improvement, personal, and deposit account collateralized loans; and consumer durables and home equity loans, as well as debit and credit cards.

More news for Prosperity Bancshares, Inc. (NYSE:PB) were recently published by: Nasdaq.com, which released: “Prosperity Bancshares Reaches Analyst Target Price” on January 11, 2018. Prnewswire.com‘s article titled: “Prosperity Bancshares, Inc.® Invites You To Join Its Fourth Quarter 2017 …” and published on December 27, 2017 is yet another important article.

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