Prosperity Bancshares, Inc. (PB)
NYSE: PB · Real-Time Price · USD
73.07
-0.13 (-0.18%)
Nov 1, 2024, 4:00 PM EDT - Market closed
Prosperity Bancshares Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for PB stock have an average target of 78.33, with a low estimate of 68 and a high estimate of 90. The average target predicts an increase of 7.20% from the current stock price of 73.07.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PB stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 8 | 8 | 6 | 4 |
| Buy | 3 | 3 | 4 | 4 | 5 | 5 |
| Hold | 5 | 4 | 4 | 3 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 13 | 16 | 15 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Reiterates $77 | Hold | Reiterates | $77 | +5.38% | Oct 24, 2024 |
| Wedbush | Wedbush | Buy Reiterates $90 | Buy | Reiterates | $90 | +23.17% | Oct 24, 2024 |
| Barclays | Barclays | Hold Maintains $75 → $76 | Hold | Maintains | $75 → $76 | +4.01% | Oct 24, 2024 |
| DA Davidson | DA Davidson | Strong Buy → Hold Downgrades $80 → $78 | Strong Buy → Hold | Downgrades | $80 → $78 | +6.75% | Oct 15, 2024 |
| Barclays | Barclays | Hold Maintains $70 → $75 | Hold | Maintains | $70 → $75 | +2.64% | Sep 27, 2024 |
Financial Forecast
Revenue This Year
1.22B
Revenue Next Year
1.33B
from 1.22B
Increased by 9.34%
EPS This Year
5.15
from 4.51
Increased by 14.21%
EPS Next Year
5.97
from 5.15
Increased by 15.96%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.3B | 1.4B | 1.5B |
| Avg | 1.2B | 1.3B | 1.4B |
| Low | 1.2B | 1.2B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 15.4% | 13.6% |
| Avg | - | 9.3% | 7.5% |
| Low | - | 1.9% | 0.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.33 | 6.45 | 7.43 |
| Avg | 5.15 | 5.97 | 7.00 |
| Low | 4.82 | 5.33 | 6.23 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.3% | 25.2% | 24.5% |
| Avg | 14.2% | 16.0% | 17.1% |
| Low | 6.9% | 3.5% | 4.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.