Prosperity Bancshares (PB) – Research Analysts’ Weekly Ratings Updates

Prosperity Bancshares (NYSE: PB) recently received a number of ratings updates from brokerages and research firms:

• 7/6/2026 – Prosperity Bancshares had its “equal weight” rating reaffirmed by Morgan Stanley. They now have a $80.00 price target on the stock, down from $85.00.
• 7/1/2026 – Prosperity Bancshares was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 6/29/2026 – Prosperity Bancshares had its price target raised by Morgan Stanley from $83.00 to $85.00. They now have an “overweight” rating on the stock.
• 6/25/2026 – Prosperity Bancshares had its price target raised by Citigroup Inc. from $74.00 to $75.00. They now have a “neutral” rating on the stock.
• 6/24/2026 – Prosperity Bancshares is now covered by Benchmark Co.. They set a “hold” rating on the stock.
• 6/23/2026 – Prosperity Bancshares had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $80.00 price target on the stock.
• 5/16/2026 – Prosperity Bancshares was upgraded by Wall Street Zen from “strong sell” to “sell”.

Prosperity Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.40 annualized dividend and a yield of 3.3%. Prosperity Bancshares’s dividend payout ratio is presently 43.48%.

Insiders Place Their Bets

In other Prosperity Bancshares news, Director Ned S. Holmes sold 600 shares of the firm’s stock in a transaction on Wednesday, July 8th. The shares were sold at an average price of $70.61, for a total value of $42,366.00. Following the sale, the director owned 39,800 shares of the company’s stock, valued at $2,810,278. This trade represents a 1.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last three months, insiders have sold 13,200 shares of company stock worth $926,152. Corporate insiders own 3.96% of the company’s stock.

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.