Prosperity Bancshares (PB) Stock Forecast, Price Target & Predictions


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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


The average price target for Prosperity Bancshares (PB) is $76.43 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $86.00 to $63.00. This represents a potential 5.39% upside from PB's last price of $72.52.

PB Analyst Ratings


Buy

According to 10 Wall Street analysts, Prosperity Bancshares's rating consensus is 'Buy'. The analyst rating breakdown for PB stock is 0 'Strong Buy' (0.00%), 8 'Buy' (80.00%), 2 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Prosperity Bancshares Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 05, 2024Manan GosaliaMorgan Stanley$86.00$69.9822.89%18.59%
Jul 30, 2024Benjamin GerlingerCitigroup$82.00$71.8114.19%13.07%
Jul 25, 2024Peter WinterD.A. Davidson$82.00$71.6414.46%13.07%
Jul 25, 2024Jon ArfstromRBC Capital$74.00$71.134.03%2.04%
Jul 25, 2024Stephen ScoutenPiper Sandler$80.00$72.5610.26%10.31%
Jul 08, 2024Brandon KingTruist Financial$68.00$59.3814.52%-6.23%
Dec 05, 2022-Morgan Stanley$69.00$73.53-6.15%-4.85%
Jun 15, 2022-Truist Financial$77.00$67.5014.07%6.18%
May 26, 2022-Wolfe Research$63.00$70.80-11.02%-13.13%
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The latest Prosperity Bancshares stock forecast, released on Aug 05, 2024 by Manan Gosalia from Morgan Stanley, set a price target of $86.00, which represents a 22.89% increase from the stock price at the time of the forecast ($69.98), and a 18.59% increase from PB last price ($72.52).

Prosperity Bancshares Price Target by Period


1M3M12M
# Anlaysts-66
Avg Price Target-$78.67$78.67
Last Closing Price$72.52$72.52$72.52
Upside/Downside-100.00%8.48%8.48%

In the current month, the average price target of Prosperity Bancshares stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Prosperity Bancshares's last price of $72.52. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 05, 2024Morgan StanleyEqual-WeightOverweightUpgrade
Jul 30, 2024CitigroupBuyBuyHold
Jul 26, 2024Compass PointBuyBuyHold
Jul 25, 2024RBC CapitalSector PerformSector PerformHold
Jul 25, 2024Piper SandlerOverweightOverweightHold
Jun 26, 2024Stephens-OverweightUpgrade
Apr 25, 2024CitigroupBuyBuyHold
Apr 01, 2024RBC CapitalSector PerformSector PerformHold
Apr 01, 2024Raymond JamesUnderperformUnderperformHold
Mar 08, 2024UBSSector PerformSector PerformHold
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Prosperity Bancshares's last stock rating was published by Morgan Stanley on Aug 05, 2024. The company Upgrade its PB rating from "Equal-Weight" to "Overweight".

Prosperity Bancshares Financial Forecast


Prosperity Bancshares Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 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
# Analysts434358536129955566668128813712781713
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's average Quarter revenue forecast for Dec 23 based on 6 analysts is $279.57M, with a low forecast of $277.03M, and a high forecast of $283.24M. PB's average Quarter revenue forecast represents a 4.29% increase compared to the company's last Quarter revenue of $268.08M (Sep 23).

Prosperity Bancshares EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts434358536129955566668128813712781713
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%

6 analysts predict PB's average Quarter EBITDA for Dec 23 to be $139.99M, with a high of $141.82M and a low of $138.71M. This is 24.76% upper than Prosperity Bancshares's previous annual EBITDA (Sep 23) of $112.21M.

Prosperity Bancshares Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts434358536129955566668128813712781713
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's average Quarter net income forecast for Dec 23 is $110.05M, with a range of $105.39M to $113.78M. PB's average Quarter net income forecast represents a -1.92% decrease compared to the company's last Quarter net income of $112.21M (Sep 23).

Prosperity Bancshares SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts434358536129955566668128813712781713
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's average Quarter SG&A projection for Dec 23 is $80.78M, based on 6 Wall Street analysts, with a range of $80.05M to $81.84M. The forecast indicates a -10.81% fall compared to PB last annual SG&A of $90.58M (Sep 23).

Prosperity Bancshares EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts434358536129955566668128813712781713
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%

According to 6 Wall Street analysts, Prosperity Bancshares's projected average Quarter EPS for Dec 23 is $1.15, with a low estimate of $1.10 and a high estimate of $1.19. This represents a -4.24% decrease compared to PB previous annual EPS of $1.20 (Sep 23).

Prosperity Bancshares Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HTBKHeritage Commerce$9.95$12.5025.63%Buy
HTBIHomeTrust Bancshares$35.29$42.0019.01%Buy
GABCGerman American Bancorp$39.09$44.0012.56%Buy
UBSIUnited Bankshares$37.10$41.0010.51%Hold
BFSTBusiness First Bancshares$25.63$28.009.25%Buy
FFINFirst Financial Bankshares$36.77$39.006.06%Hold
PBProsperity Bancshares$72.52$76.435.39%Buy
TCBITexas Capital Bancshares$70.13$73.004.09%Buy
FFNWFirst Financial Northwest$22.68$23.503.62%Hold
BOKFBOK Financial$102.96$105.382.35%Hold
CBSHCommerce Bancshares$61.98$60.20-2.87%Hold
BSRRSierra Bancorp$29.22$25.33-13.31%Hold
HTLFHeartland Financial USA$56.59$45.00-20.48%Hold

PB Forecast FAQ


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.

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.

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.

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.

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).

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%