Prosperity Bancshares (NYSE: PB) recently received a number of ratings updates from brokerages and research firms:
- 5/16/2026 – Prosperity Bancshares was upgraded by Wall Street Zen from “strong sell” to “sell”.
- 5/11/2026 – Prosperity Bancshares was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
- 5/4/2026 – Prosperity Bancshares had its price target raised by Citigroup Inc. from $72.00 to $74.00. They now have a “neutral” rating on the stock.
- 5/1/2026 – Prosperity Bancshares had its price target raised by TD Cowen from $77.00 to $79.00. They now have a “buy” rating on the stock.
- 4/30/2026 – Prosperity Bancshares had its price target raised by Piper Sandler from $74.00 to $75.00. They now have a “neutral” rating on the stock.
- 4/2/2026 – Prosperity Bancshares was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
- 3/31/2026 – Prosperity Bancshares had its price target lowered by Morgan Stanley from $91.00 to $83.00. They now have an “overweight” rating on the stock.
Prosperity Bancshares Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given a $0.60 dividend. The ex-dividend date is Monday, June 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.5%. Prosperity Bancshares’s dividend payout ratio (DPR) is currently 43.48%.
Insider Buying and Selling at Prosperity Bancshares
In other news, Director Ned S. Holmes sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $68.78, for a total transaction of $34,390.00. Following the sale, the director directly owned 77,115 shares in the company, valued at approximately $5,303,969.70. The trade was a 0.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last quarter, insiders sold 14,300 shares of company stock worth $977,250. 3.96% of the stock is currently owned by company insiders.
Prosperity Bancshares, Inc is a holding company for Prosperity Bank, offering a broad range of commercial and consumer banking services across Texas, Oklahoma, Arkansas and Louisiana. Through its network of branches and digital platforms, the company provides deposit products, business and real estate lending, treasury management, mortgage origination and servicing, as well as wealth management and trust services.
Originally chartered in 1911 as First National Bank in McKinney, Texas, the organization rebranded to Prosperity Bank in 2009 following a series of strategic acquisitions aimed at deepening its regional presence.
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