Hancock Whitney (HWC) Expected to Announce Quarterly Earnings on Tuesday

Hancock Whitney (NASDAQ:HWC) is expected to announce its earnings results after the market closes on Tuesday, April 15th. Analysts expect the company to announce earnings of $1.28 per share and revenue of $368.12 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Hancock Whitney (NASDAQ:HWC) last released its earnings results on Tuesday, January 21st. The company reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.12. Hancock Whitney had a return on equity of 11.56% and a net margin of 22.40%. During the same quarter in the prior year, the company posted $1.26 EPS. On average, analysts expect Hancock Whitney to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Hancock Whitney Stock Down 0.0 %

Shares of HWC opened at $46.61 on Monday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.05. The business has a fifty day moving average of $53.77 and a 200 day moving average of $55.20. The company has a market cap of $4.01 billion, a PE ratio of 8.83 and a beta of 0.99. Hancock Whitney has a 52-week low of $41.56 and a 52-week high of $62.40.

Hancock Whitney Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Wednesday, March 5th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 3.86%. The ex-dividend date of this dividend was Wednesday, March 5th. This is a positive change from Hancock Whitney’s previous quarterly dividend of $0.40. Hancock Whitney’s dividend payout ratio (DPR) is 34.09%.

Analyst Ratings Changes

Several equities analysts recently commented on HWC shares. Raymond James reiterated a “strong-buy” rating and set a $72.00 price target (up from $64.00) on shares of Hancock Whitney in a report on Wednesday, January 22nd. StockNews.com upgraded Hancock Whitney from a “sell” rating to a “hold” rating in a report on Monday, March 3rd. Finally, Stephens restated an “overweight” rating and set a $74.00 price objective (up previously from $68.00) on shares of Hancock Whitney in a report on Wednesday, January 22nd. Three research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Hancock Whitney presently has an average rating of “Moderate Buy” and an average target price of $62.56.

Hancock Whitney Company Profile

Hancock Whitney Corporation operates as the financial holding company for Hancock Whitney Bank that provides traditional and online banking services to commercial, small business, and retail customers. It offers various transaction and savings deposit products consisting of brokered deposits, time deposits, and money market accounts; treasury management services, secured and unsecured loan products including revolving credit facilities, and letters of credit and similar financial guarantees; and trust and investment management services to retirement plans, corporations, and individuals, and investment advisory and brokerage products.