Prosperity Bancshares (PB) Stock Forecast, Price Target & Predictions
PB Stock Forecast
Prosperity Bancshares stock forecast is as follows: an average price target of $76.43 (represents a 5.39% upside from PB’s last price of $72.52) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
PB Price Target
PB Analyst Ratings
Prosperity Bancshares Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 05, 2024 | Manan Gosalia | Morgan Stanley | $86.00 | $69.98 | 22.89% | 18.59% |
Jul 30, 2024 | Benjamin Gerlinger | Citigroup | $82.00 | $71.81 | 14.19% | 13.07% |
Jul 25, 2024 | Peter Winter | D.A. Davidson | $82.00 | $71.64 | 14.46% | 13.07% |
Jul 25, 2024 | Jon Arfstrom | RBC Capital | $74.00 | $71.13 | 4.03% | 2.04% |
Jul 25, 2024 | Stephen Scouten | Piper Sandler | $80.00 | $72.56 | 10.26% | 10.31% |
Jul 08, 2024 | Brandon King | Truist Financial | $68.00 | $59.38 | 14.52% | -6.23% |
Dec 05, 2022 | - | Morgan Stanley | $69.00 | $73.53 | -6.15% | -4.85% |
Jun 15, 2022 | - | Truist Financial | $77.00 | $67.50 | 14.07% | 6.18% |
May 26, 2022 | - | Wolfe Research | $63.00 | $70.80 | -11.02% | -13.13% |
Prosperity Bancshares Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 6 | 6 |
Avg Price Target | - | $78.67 | $78.67 |
Last Closing Price | $72.52 | $72.52 | $72.52 |
Upside/Downside | -100.00% | 8.48% | 8.48% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Aug 05, 2024 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
Jul 30, 2024 | Citigroup | Buy | Buy | Hold |
Jul 26, 2024 | Compass Point | Buy | Buy | Hold |
Jul 25, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
Jul 25, 2024 | Piper Sandler | Overweight | Overweight | Hold |
Jun 26, 2024 | Stephens | - | Overweight | Upgrade |
Apr 25, 2024 | Citigroup | Buy | Buy | Hold |
Apr 01, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
Apr 01, 2024 | Raymond James | Underperform | Underperform | Hold |
Mar 08, 2024 | UBS | Sector Perform | Sector Perform | Hold |
Prosperity Bancshares Financial Forecast
Prosperity Bancshares Revenue Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | $268.08M | $265.84M | $272.18M | $63.00K | $213.00K | - | $621.00K | $271.47M | $274.11M | $272.24M | $280.36M | $285.74M | $284.26M | $272.94M | $279.00M | $258.38M | $179.67M | $179.89M | $178.48M | $181.85M | $183.43M |
Avg Forecast | $333.85M | $328.35M | $318.63M | $310.42M | $307.94M | $302.05M | $292.11M | $277.06M | $279.57M | $279.90M | $284.40M | $288.35M | $297.58M | $297.10M | $284.30M | $272.90M | $278.79M | $278.02M | $282.47M | $282.76M | $285.40M | $280.09M | $279.72M | $280.65M | $247.41M | $187.24M | $186.94M | $185.82M | $184.76M | $187.90M |
High Forecast | $338.58M | $332.99M | $323.14M | $314.82M | $312.30M | $306.73M | $296.25M | $280.99M | $283.24M | $291.80M | $288.42M | $292.43M | $301.80M | $301.30M | $284.30M | $278.50M | $284.50M | $283.72M | $288.26M | $288.56M | $291.25M | $285.82M | $285.45M | $286.40M | $252.48M | $191.08M | $190.77M | $189.62M | $221.71M | $225.48M |
Low Forecast | $329.03M | $323.60M | $314.02M | $305.94M | $303.49M | $298.31M | $287.89M | $273.06M | $277.03M | $274.22M | $280.29M | $284.18M | $293.28M | $292.80M | $284.30M | $256.57M | $262.10M | $261.38M | $265.56M | $265.84M | $268.32M | $263.32M | $262.98M | $263.85M | $232.60M | $176.03M | $175.75M | $174.69M | $147.81M | $150.32M |
# Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 12 | 9 | 9 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 8 | 12 | 8 | 8 | 13 | 7 | 12 | 7 | 8 | 17 | 13 |
Surprise % | - | - | - | - | - | - | - | - | - | 0.96% | 0.93% | 0.94% | 0.00% | 0.00% | - | 0.00% | 0.97% | 0.99% | 0.96% | 0.99% | 1.00% | 1.01% | 0.98% | 0.99% | 1.04% | 0.96% | 0.96% | 0.96% | 0.98% | 0.98% |
Prosperity Bancshares EBITDA Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 12 | 9 | 9 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 8 | 12 | 8 | 8 | 13 | 7 | 12 | 7 | 8 | 17 | 13 |
EBITDA | - | - | - | - | - | - | - | - | - | $112.21M | $119.56M | $249.38M | $234.07M | $199.04M | - | $171.32M | $177.22M | $182.57M | $188.62M | $194.51M | $202.49M | $197.31M | $175.79M | $214.02M | $157.13M | $139.59M | $140.50M | $139.41M | $139.02M | $135.81M |
Avg Forecast | $167.17M | $164.41M | $159.54M | $155.43M | $154.19M | $151.24M | $146.27M | $204.13M | $139.99M | $140.15M | $142.40M | $185.58M | $149.01M | $197.90M | $142.35M | $168.71M | $175.93M | $179.91M | $187.27M | $186.05M | $184.63M | $180.49M | $136.05M | $175.93M | $130.30M | $138.40M | $140.50M | $138.22M | $137.84M | $135.81M |
High Forecast | $169.53M | $166.74M | $161.80M | $157.64M | $156.38M | $153.59M | $148.34M | $244.96M | $141.82M | $146.11M | $144.42M | $222.69M | $151.12M | $237.48M | $142.35M | $202.45M | $211.11M | $215.89M | $224.72M | $223.26M | $221.55M | $216.58M | $163.26M | $211.11M | $156.36M | $166.08M | $168.60M | $165.86M | $165.41M | $162.97M |
Low Forecast | $164.75M | $162.03M | $157.24M | $153.19M | $151.96M | $149.37M | $144.15M | $163.31M | $138.71M | $137.31M | $140.34M | $148.46M | $146.85M | $158.32M | $142.35M | $134.97M | $140.74M | $143.93M | $149.81M | $148.84M | $147.70M | $144.39M | $108.84M | $140.74M | $104.24M | $110.72M | $112.40M | $110.58M | $110.27M | $108.65M |
Surprise % | - | - | - | - | - | - | - | - | - | 0.80% | 0.84% | 1.34% | 1.57% | 1.01% | - | 1.02% | 1.01% | 1.01% | 1.01% | 1.05% | 1.10% | 1.09% | 1.29% | 1.22% | 1.21% | 1.01% | 1.00% | 1.01% | 1.01% | 1.00% |
Prosperity Bancshares Net Income Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 12 | 9 | 9 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 8 | 12 | 8 | 8 | 13 | 7 | 12 | 7 | 8 | 17 | 13 |
Net Income | - | - | - | - | - | - | - | - | - | $112.21M | $86.94M | $124.69M | $137.88M | $135.82M | - | $122.33M | $126.79M | $128.59M | $130.61M | $133.31M | $137.09M | $130.06M | $130.90M | $130.85M | $86.13M | $81.76M | $82.26M | $82.40M | $83.33M | $82.52M |
Avg Forecast | $148.35M | $144.15M | $136.61M | $129.67M | $129.74M | $125.84M | $107.97M | $145.75M | $110.05M | $111.31M | $90.71M | $132.50M | $143.52M | $139.38M | $129.88M | $120.46M | $125.86M | $126.71M | $129.68M | $127.51M | $124.99M | $118.97M | $101.31M | $107.56M | $71.43M | $81.07M | $82.26M | $81.70M | $82.62M | $82.52M |
High Forecast | $151.08M | $146.80M | $139.12M | $132.05M | $132.13M | $128.72M | $109.95M | $174.91M | $113.78M | $120.99M | $92.37M | $159.01M | $146.16M | $167.26M | $129.88M | $144.55M | $151.03M | $152.06M | $155.61M | $153.02M | $149.99M | $142.77M | $121.57M | $129.07M | $85.71M | $97.28M | $98.71M | $98.04M | $99.15M | $99.03M |
Low Forecast | $145.56M | $141.44M | $134.04M | $127.23M | $127.30M | $122.95M | $105.94M | $116.60M | $105.39M | $99.70M | $89.00M | $106.00M | $140.83M | $111.51M | $129.88M | $96.37M | $100.69M | $101.37M | $103.74M | $102.01M | $100.00M | $95.18M | $81.04M | $86.05M | $57.14M | $64.85M | $65.81M | $65.36M | $66.10M | $66.02M |
Surprise % | - | - | - | - | - | - | - | - | - | 1.01% | 0.96% | 0.94% | 0.96% | 0.97% | - | 1.02% | 1.01% | 1.01% | 1.01% | 1.05% | 1.10% | 1.09% | 1.29% | 1.22% | 1.21% | 1.01% | 1.00% | 1.01% | 1.01% | 1.00% |
Prosperity Bancshares SG&A Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 12 | 9 | 9 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 8 | 12 | 8 | 8 | 13 | 7 | 12 | 7 | 8 | 17 | 13 |
SG&A | - | - | - | - | - | - | - | - | - | $90.58M | $84.72M | $86.23M | $81.73M | $85.76M | - | $85.18M | $93.42M | $83.92M | $81.26M | $85.61M | $95.29M | $80.61M | $85.03M | $82.56M | $85.34M | $57.01M | $57.45M | $55.72M | $66.91M | $57.70M |
Avg Forecast | $96.47M | $94.88M | $92.07M | $89.70M | $88.98M | $87.28M | $84.41M | $101.49M | $80.78M | $80.88M | $82.18M | $92.27M | $85.99M | $90.97M | $82.15M | $83.88M | $92.73M | $82.70M | $80.68M | $81.88M | $86.88M | $73.73M | $65.81M | $67.86M | $70.77M | $56.52M | $57.45M | $55.24M | $66.34M | $57.70M |
High Forecast | $97.84M | $96.22M | $93.37M | $90.97M | $90.24M | $88.63M | $85.60M | $121.79M | $81.84M | $84.32M | $83.34M | $110.72M | $87.21M | $109.16M | $82.15M | $100.66M | $111.28M | $99.24M | $96.82M | $98.26M | $104.26M | $88.48M | $78.97M | $81.44M | $84.92M | $67.83M | $68.94M | $66.29M | $79.61M | $69.23M |
Low Forecast | $95.08M | $93.51M | $90.74M | $88.40M | $87.70M | $86.20M | $83.19M | $81.20M | $80.05M | $79.24M | $80.99M | $73.81M | $84.75M | $72.77M | $82.15M | $67.10M | $74.19M | $66.16M | $64.55M | $65.51M | $69.50M | $58.99M | $52.65M | $54.29M | $56.61M | $45.22M | $45.96M | $44.19M | $53.07M | $46.16M |
Surprise % | - | - | - | - | - | - | - | - | - | 1.12% | 1.03% | 0.93% | 0.95% | 0.94% | - | 1.02% | 1.01% | 1.01% | 1.01% | 1.05% | 1.10% | 1.09% | 1.29% | 1.22% | 1.21% | 1.01% | 1.00% | 1.01% | 1.01% | 1.00% |
Prosperity Bancshares EPS Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 12 | 9 | 9 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 8 | 12 | 8 | 8 | 13 | 7 | 12 | 7 | 8 | 17 | 13 |
EPS | - | - | - | - | - | - | - | - | - | $1.20 | $0.94 | $1.37 | $1.51 | $1.49 | - | $1.33 | $1.38 | $1.39 | $1.41 | $1.44 | $1.48 | $1.40 | $1.41 | $1.39 | $1.01 | $1.19 | $1.18 | $1.18 | $1.19 | $1.18 |
Avg Forecast | $1.55 | $1.51 | $1.43 | $1.35 | $1.35 | $1.31 | $1.13 | $1.16 | $1.15 | $1.16 | $0.95 | $1.35 | $1.50 | $1.49 | $1.39 | $1.30 | $1.37 | $1.37 | $1.39 | $1.38 | $1.35 | $1.30 | $1.14 | $1.14 | $1.19 | $1.18 | $1.18 | $1.17 | $1.17 | $1.18 |
High Forecast | $1.58 | $1.53 | $1.45 | $1.38 | $1.38 | $1.34 | $1.15 | $1.18 | $1.19 | $1.26 | $0.96 | $1.38 | $1.53 | $1.51 | $1.39 | $1.34 | $1.40 | $1.41 | $1.42 | $1.41 | $1.39 | $1.34 | $1.17 | $1.17 | $1.22 | $1.21 | $1.21 | $1.20 | $1.40 | $1.42 |
Low Forecast | $1.52 | $1.48 | $1.40 | $1.33 | $1.33 | $1.28 | $1.11 | $1.14 | $1.10 | $1.04 | $0.93 | $1.33 | $1.47 | $1.46 | $1.39 | $1.20 | $1.26 | $1.26 | $1.28 | $1.27 | $1.25 | $1.20 | $1.05 | $1.05 | $1.10 | $1.09 | $1.09 | $1.07 | $0.94 | $0.94 |
Surprise % | - | - | - | - | - | - | - | - | - | 1.03% | 0.99% | 1.01% | 1.01% | 1.00% | - | 1.02% | 1.01% | 1.02% | 1.02% | 1.05% | 1.09% | 1.07% | 1.24% | 1.22% | 0.85% | 1.01% | 1.00% | 1.01% | 1.02% | 1.00% |
Prosperity Bancshares Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
HTBK | Heritage Commerce | $9.95 | $12.50 | 25.63% | Buy |
HTBI | HomeTrust Bancshares | $35.29 | $42.00 | 19.01% | Buy |
GABC | German American Bancorp | $39.09 | $44.00 | 12.56% | Buy |
UBSI | United Bankshares | $37.10 | $41.00 | 10.51% | Hold |
BFST | Business First Bancshares | $25.63 | $28.00 | 9.25% | Buy |
FFIN | First Financial Bankshares | $36.77 | $39.00 | 6.06% | Hold |
PB | Prosperity Bancshares | $72.52 | $76.43 | 5.39% | Buy |
TCBI | Texas Capital Bancshares | $70.13 | $73.00 | 4.09% | Buy |
FFNW | First Financial Northwest | $22.68 | $23.50 | 3.62% | Hold |
BOKF | BOK Financial | $102.96 | $105.38 | 2.35% | Hold |
CBSH | Commerce Bancshares | $61.98 | $60.20 | -2.87% | Hold |
BSRR | Sierra Bancorp | $29.22 | $25.33 | -13.31% | Hold |
HTLF | Heartland Financial USA | $56.59 | $45.00 | -20.48% | Hold |
PB Forecast FAQ
Is Prosperity Bancshares a good buy?
Yes, according to 10 Wall Street analysts, Prosperity Bancshares (PB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 80.00% of PB's total ratings.
What is PB's price target?
Prosperity Bancshares (PB) average price target is $76.43 with a range of $63 to $86, implying a 5.39% from its last price of $72.52. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Prosperity Bancshares stock go up soon?
According to Wall Street analysts' prediction for PB stock, the company can go up by 5.39% (from the last price of $72.52 to the average price target of $76.43), up by 18.59% based on the highest stock price target, and down by -13.13% based on the lowest stock price target.
Can Prosperity Bancshares stock reach $110?
PB's average twelve months analyst stock price target of $76.43 does not support the claim that Prosperity Bancshares can reach $110 in the near future.
What are Prosperity Bancshares's analysts' financial forecasts?
Prosperity Bancshares's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.18B (high $1.2B, low $1.16B), average EBITDA is $655.84M (high $703.26M, low $608.79M), average net income is $509.3M (high $545.7M, low $472.8M), average SG&A $362.16M (high $386.27M, low $338.28M), and average EPS is $4.96 (high $5.05, low $4.86). PB's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.29B (high $1.31B, low $1.27B), average EBITDA is $646.55M (high $655.71M, low $637.21M), average net income is $558.77M (high $569.06M, low $548.27M), average SG&A $373.12M (high $378.4M, low $367.72M), and average EPS is $5.83 (high $5.94, low $5.73).
Did the PB's actual financial results beat the analysts' financial forecasts?
Based on Prosperity Bancshares's last annual report (Dec 2022), the company's revenue was $883K, which missed the average analysts forecast of $1.15B by -99.92%. Apple's EBITDA was $784.07M, beating the average prediction of $657.96M by 19.17%. The company's net income was $524.52M, missing the average estimation of $533.24M by -1.64%. Apple's SG&A was $339.1M, missing the average forecast of $342.99M by -1.13%. Lastly, the company's EPS was $5.66, missing the average prediction of $5.67 by -0.26%. In terms of the last quarterly report (Sep 2023), Prosperity Bancshares's revenue was $268.08M, missing the average analysts' forecast of $279.9M by -4.22%. The company's EBITDA was $112.21M, missing the average prediction of $140.15M by -19.94%. Prosperity Bancshares's net income was $112.21M, beating the average estimation of $111.31M by 0.80%. The company's SG&A was $90.58M, beating the average forecast of $80.88M by 11.99%. Lastly, the company's EPS was $1.2, beating the average prediction of $1.16 by 3.24%