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

OverviewRevenueOwnershipFinancialsChartTranscripts

PB Stock Forecast

Prosperity Bancshares stock forecast is as follows: an average price target of $79.83 (represents a 7.07% upside from PB’s last price of $74.56) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.

PB Price Target

The average price target for Prosperity Bancshares (PB) is $79.83 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $86.00 to $74.00. This represents a potential 7.07% upside from PB's last price of $74.56.

PB Analyst Ratings

Buy

According to 13 Wall Street analysts, Prosperity Bancshares's rating consensus is 'Buy'. The analyst rating breakdown for PB stock is 0 'Strong Buy' (0.00%), 9 'Buy' (69.23%), 4 'Hold' (30.77%), 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
Oct 15, 2024Peter WinterD.A. Davidson$78.00$72.926.97%4.61%
Sep 20, 2024Brandon KingTruist Financial$79.00$74.266.38%5.95%
Aug 05, 2024Manan GosaliaMorgan Stanley$86.00$69.9822.89%15.34%
Jul 30, 2024Benjamin GerlingerCitigroup$82.00$71.8114.19%9.98%
Jul 25, 2024Peter WinterD.A. Davidson$82.00$71.6414.46%9.98%
Jul 25, 2024Jon ArfstromRBC Capital$74.00$71.134.03%-0.75%
Jul 25, 2024Stephen ScoutenPiper Sandler$80.00$72.5610.26%7.30%
Jul 08, 2024Brandon KingTruist Financial$68.00$59.3814.52%-8.80%
Dec 05, 2022Morgan Stanley$69.00$73.53-6.15%-7.46%
Jun 15, 2022Truist Financial$77.00$67.5014.07%3.27%
May 26, 2022Wolfe Research$63.00$70.80-11.02%-15.50%

The latest Prosperity Bancshares stock forecast, released on Oct 15, 2024 by Peter Winter from D.A. Davidson, set a price target of $78.00, which represents a 6.97% increase from the stock price at the time of the forecast ($72.92), and a 4.61% increase from PB last price ($74.56).

Prosperity Bancshares Price Target by Period

1M3M12M
# Anlaysts-28
Avg Price Target-$78.50$78.63
Last Closing Price$74.56$74.56$74.56
Upside/Downside-100.00%5.28%5.46%

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 $74.56. 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
Oct 24, 2024BarclaysEqual-WeightEqual-WeightHold
Oct 15, 2024WedbushSector PerformSector PerformHold
Oct 15, 2024Truist FinancialUnderperformUnderperformHold
Sep 26, 2024BarclaysEqual-WeightEqual-WeightHold
Sep 24, 2024WedbushSector PerformOutperformUpgrade
Sep 17, 2024WedbushSector PerformSector PerformHold
Sep 17, 2024Truist FinancialUnderperformUnderperformHold
Sep 17, 2024Raymond JamesUnderperformOutperformDowngrade
Aug 05, 2024Morgan StanleyEqual-WeightOverweightUpgrade
Jul 30, 2024CitigroupBuyBuyHold
Jul 26, 2024Compass PointBuyBuyHold
Jul 25, 2024RBC CapitalSector PerformSector PerformHold
Jul 25, 2024Piper SandlerOverweightOverweightHold
Jun 26, 2024StephensOverweightUpgrade
Apr 25, 2024CitigroupBuyBuyHold
Apr 01, 2024RBC CapitalSector PerformSector PerformHold
Apr 01, 2024Raymond JamesUnderperformUnderperformHold
Mar 08, 2024RBC CapitalUnderperformUnderperformHold
Mar 08, 2024UBSSector PerformSector PerformHold
Jan 25, 2024RBC CapitalUnderperformUnderperformHold
Jan 25, 2024UBSSector PerformSector PerformHold
Sep 18, 2023Hovde GroupOutperformUpgrade
May 03, 2023Wolfe ResearchUnderperformOutperformUpgrade
Mar 13, 2023Janney MontgomeryBuyUpgrade
Feb 21, 2023Raymond JamesOutperformUpgrade
Dec 05, 2022Morgan StanleyEqual-WeightInitialise
May 26, 2022Wolfe ResearchUnderperformUnderperformHold

Prosperity Bancshares's last stock rating was published by Barclays on Oct 24, 2024. The company gave PB a "Equal-Weight" rating, the same as its previous rate.

Prosperity Bancshares Financial Forecast

Prosperity Bancshares Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$268.08M$265.84M$272.18M$63.00K$213.00K$276.81M$621.00K$271.47M$274.11M$272.24M$280.36M$285.74M$284.26M$272.94M$279.00M$258.38M$179.67M
Avg Forecast$354.58M$350.00M$342.18M$336.89M$335.50M$328.96M$317.80M$307.43M$303.82M$301.56M$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
High Forecast$360.92M$356.26M$348.29M$342.91M$341.49M$334.84M$323.48M$313.65M$308.70M$301.90M$292.11M$277.23M$283.24M$291.80M$289.48M$293.50M$302.90M$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
Low Forecast$348.43M$343.93M$336.24M$331.04M$329.67M$323.25M$312.29M$301.08M$301.16M$301.21M$292.11M$276.90M$277.03M$274.22M$279.46M$283.34M$292.42M$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
# Analysts4444222673336121010555566669159988
Surprise %-------------0.96%0.93%0.94%0.00%0.00%0.97%0.00%0.97%0.99%0.96%0.99%1.00%1.01%0.98%0.99%1.04%0.96%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444222673336121010555566669159988
EBITDA-------------$112.21M$119.56M$249.38M$234.07M$199.04M$179.64M$171.32M$177.22M$182.57M$188.62M$194.51M$202.49M$197.31M$175.79M$214.02M$157.13M$139.59M
Avg Forecast$170.47M$168.27M$164.50M$161.96M$161.29M$158.15M$152.79M$147.80M$146.06M$144.97M$140.44M$204.13M$134.41M$134.56M$136.72M$185.58M$193.52M$148.76M$142.35M$168.71M$139.60M$139.21M$141.44M$186.05M$142.91M$140.24M$140.06M$175.93M$123.88M$93.75M
High Forecast$173.51M$171.27M$167.44M$164.85M$164.17M$160.97M$155.51M$150.79M$148.41M$145.14M$140.44M$244.96M$136.17M$140.28M$139.17M$222.69M$232.22M$148.76M$142.35M$202.45M$139.60M$139.21M$141.44M$223.26M$142.91M$140.24M$140.06M$211.11M$123.88M$93.75M
Low Forecast$167.51M$165.34M$161.65M$159.15M$158.49M$155.40M$150.13M$144.75M$144.78M$144.81M$140.44M$163.31M$133.18M$131.83M$134.35M$148.46M$154.82M$148.76M$142.35M$134.97M$139.60M$139.21M$141.44M$148.84M$142.91M$140.24M$140.06M$140.74M$123.88M$93.75M
Surprise %-------------0.83%0.87%1.34%1.21%1.34%1.26%1.02%1.27%1.31%1.33%1.05%1.42%1.41%1.26%1.22%1.27%1.49%

6 analysts predict PB's average Quarter EBITDA for Dec 23 to be $134.41M, with a high of $136.17M and a low of $133.18M. This is 19.78% upper than Prosperity Bancshares's previous annual EBITDA (Sep 23) of $112.21M.

Prosperity Bancshares Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444222673336121010555566669159988
Net Income-------------$112.21M$86.94M$124.69M$137.88M$135.82M$128.49M$122.33M$126.79M$128.59M$130.61M$133.31M$137.09M$130.06M$130.90M$130.85M$86.13M$81.76M
Avg Forecast$160.25M$156.99M$151.73M$146.56M$147.11M$142.55M$135.30M$126.91M$127.57M$124.99M$107.40M$145.75M$109.47M$110.73M$90.23M$132.50M$138.45M$142.26M$132.73M$120.46M$130.81M$131.10M$132.87M$127.51M$129.70M$124.94M$109.05M$107.56M$113.95M$112.86M
High Forecast$163.97M$160.64M$155.25M$149.97M$150.53M$145.86M$138.45M$131.72M$131.41M$125.18M$107.43M$174.91M$113.18M$120.36M$92.32M$159.01M$166.14M$142.26M$132.73M$144.55M$130.81M$137.02M$132.87M$153.02M$129.70M$124.94M$109.05M$129.07M$113.95M$112.86M
Low Forecast$156.63M$153.45M$148.30M$143.25M$143.79M$139.34M$132.25M$120.18M$123.73M$124.81M$107.37M$116.60M$104.83M$99.17M$88.19M$106.00M$110.76M$142.26M$132.73M$96.37M$130.81M$125.18M$132.87M$102.01M$129.70M$124.94M$109.05M$86.05M$113.95M$112.86M
Surprise %-------------1.01%0.96%0.94%1.00%0.95%0.97%1.02%0.97%0.98%0.98%1.05%1.06%1.04%1.20%1.22%0.76%0.72%

Prosperity Bancshares's average Quarter net income forecast for Dec 23 is $109.47M, with a range of $104.83M to $113.18M. PB's average Quarter net income forecast represents a -2.44% decrease compared to the company's last Quarter net income of $112.21M (Sep 23).

Prosperity Bancshares SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444222673336121010555566669159988
SG&A-------------$90.58M$84.72M$86.23M$81.73M$85.76M$86.43M$85.18M$93.42M$83.92M$81.26M$85.61M$95.29M$80.61M$85.03M$82.56M$85.34M$57.01M
Avg Forecast$110.71M$109.28M$106.84M$105.19M$104.75M$102.71M$99.23M$95.99M$94.86M$94.16M$91.21M$101.49M$87.29M$87.39M$88.80M$92.27M$102.01M$85.85M$82.15M$83.88M$80.56M$80.34M$81.62M$81.88M$82.47M$80.93M$80.83M$67.86M$71.49M$54.10M
High Forecast$112.69M$111.24M$108.75M$107.07M$106.63M$104.55M$101.00M$97.93M$96.39M$94.27M$91.21M$121.79M$88.44M$91.11M$90.39M$110.72M$122.41M$85.85M$82.15M$100.66M$80.56M$80.34M$81.62M$98.26M$82.47M$80.93M$80.83M$81.44M$71.49M$54.10M
Low Forecast$108.79M$107.39M$104.99M$103.36M$102.94M$100.93M$97.51M$94.01M$94.03M$94.05M$91.21M$81.20M$86.50M$85.62M$87.26M$73.81M$81.61M$85.85M$82.15M$67.10M$80.56M$80.34M$81.62M$65.51M$82.47M$80.93M$80.83M$54.29M$71.49M$54.10M
Surprise %-------------1.04%0.95%0.93%0.80%1.00%1.05%1.02%1.16%1.04%1.00%1.05%1.16%1.00%1.05%1.22%1.19%1.05%

Prosperity Bancshares's average Quarter SG&A projection for Dec 23 is $87.29M, based on 6 Wall Street analysts, with a range of $86.50M to $88.44M. The forecast indicates a -3.63% fall compared to PB last annual SG&A of $90.58M (Sep 23).

Prosperity Bancshares EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444222673336121010555566669159988
EPS-------------$1.20$0.94$1.37$1.51$1.49$1.40$1.33$1.38$1.39$1.41$1.44$1.48$1.40$1.41$1.39$1.01$1.19
Avg Forecast$1.68$1.65$1.59$1.54$1.54$1.50$1.42$1.33$1.34$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
High Forecast$1.72$1.69$1.63$1.57$1.58$1.53$1.45$1.38$1.38$1.31$1.13$1.16$1.19$1.26$0.97$1.39$1.53$1.49$1.39$1.37$1.37$1.43$1.39$1.38$1.35$1.30$1.14$1.14$1.19$1.18
Low Forecast$1.64$1.61$1.56$1.50$1.51$1.46$1.39$1.26$1.30$1.31$1.13$1.16$1.10$1.04$0.93$1.32$1.46$1.49$1.39$1.24$1.37$1.31$1.39$1.38$1.35$1.30$1.14$1.14$1.19$1.18
Surprise %-------------1.03%0.99%1.01%1.01%1.00%1.01%1.02%1.01%1.02%1.02%1.05%1.09%1.07%1.24%1.22%0.85%1.01%

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$10.08$12.2521.53%Buy
HTBIHomeTrust Bancshares$36.35$42.0015.54%Buy
FFNWFirst Financial Northwest$21.85$23.507.55%Hold
GABCGerman American Bancorp$43.81$45.674.25%Buy
BOKFBOK Financial$114.35$118.753.85%Hold
BFSTBusiness First Bancshares$27.02$28.003.63%Buy
HBCPHome Bancorp$48.80$50.002.46%Buy
BSVNBank7$45.10$46.002.00%Buy
PBProsperity Bancshares$78.42$79.831.80%Buy
FFINFirst Financial Bankshares$39.20$39.500.77%Hold
CBSHCommerce Bancshares$66.71$65.50-1.81%Hold
UBSIUnited Bankshares$40.01$39.00-2.52%Hold
GSBCGreat Southern Bancorp$64.79$62.00-4.31%Hold
TCBITexas Capital Bancshares$82.35$77.67-5.68%Buy
HTLFHeartland Financial USA$65.24$60.00-8.03%Hold
BSRRSierra Bancorp$30.73$25.33-17.57%Hold

PB Forecast FAQ

Is Prosperity Bancshares a good buy?

Yes, according to 13 Wall Street analysts, Prosperity Bancshares (PB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 69.23% of PB's total ratings.

What is PB's price target?

Prosperity Bancshares (PB) average price target is $79.83 with a range of $74 to $86, implying a 7.07% from its last price of $74.56. The data is based on 13 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 7.07% (from the last price of $74.56 to the average price target of $79.83), up by 15.34% based on the highest stock price target, and down by -0.75% based on the lowest stock price target.

Can Prosperity Bancshares stock reach $110?

PB's average twelve months analyst stock price target of $79.83 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 2025) are as follows: average revenue is $1.29B (high $1.31B, low $1.27B), average EBITDA is $620.02M (high $631.45M, low $608.78M), average net income is $551.88M (high $566.55M, low $535.56M), average SG&A $402.69M (high $410.11M, low $395.38M), and average EPS is $5.79 (high $5.95, low $5.62). PB's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.38B (high $1.41B, low $1.36B), average EBITDA is $665.2M (high $677.08M, low $653.65M), average net income is $615.53M (high $629.82M, low $601.64M), average SG&A $432.03M (high $439.75M, low $424.53M), and average EPS is $6.46 (high $6.61, low $6.32).

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 $653.34M by 20.01%. The company's net income was $524.52M, missing the average estimation of $533.9M by -1.76%. Apple's SG&A was $339.1M, missing the average forecast of $353.89M by -4.18%. 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 $134.56M by -16.61%. Prosperity Bancshares's net income was $112.21M, beating the average estimation of $110.73M by 1.34%. The company's SG&A was $90.58M, beating the average forecast of $87.39M by 3.64%. Lastly, the company's EPS was $1.2, beating the average prediction of $1.16 by 3.24%