Prosperity Bancshares Stock Price on March 5, 2024
| PB Stock | USD 63.07 0.55 0.88% |
Below is the normalized historical share price chart for Prosperity Bancshares extending back to November 12, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Prosperity Bancshares stands at 63.07, as last reported on the 4th of May, with the highest price reaching 63.15 and the lowest price hitting 62.28 during the day.
If you're considering investing in Prosperity Stock, it is important to understand the factors that can impact its price. We consider Prosperity Bancshares very steady. Prosperity Bancshares maintains Sharpe Ratio (i.e., Efficiency) of 0.0337, which implies the firm had a 0.0337% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Prosperity Bancshares, which you can use to evaluate the volatility of the company. Please check Prosperity Bancshares' Variance of 2.79, coefficient of variation of (2,440), and Risk Adjusted Performance of (0.02) to confirm if the risk estimate we provide is consistent with the expected return of 0.0544%.
At present, Prosperity Bancshares' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 40.5 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 53.3 M. . At present, Prosperity Bancshares' Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 16.37, whereas Price Earnings To Growth Ratio is forecasted to decline to (0.74). Prosperity Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of November 1998 | 200 Day MA 60.4501 | 50 Day MA 62.475 | Beta 0.941 |
Prosperity |
Sharpe Ratio = 0.0337
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| Cash | Small Risk | PB | High Risk | Huge Risk |
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Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Prosperity Bancshares is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Prosperity Bancshares by adding it to a well-diversified portfolio.
Price Book 0.8177 | Price Sales 5.3053 | Shares Float 89.5 M | Dividend Share 2.22 | Wall Street Target Price 72.88 |
Prosperity Bancshares Main Headline on 5th of March 2024
Disposition of 5914 shares by Robert Dowdell of Prosperity B... by Robert Dowdell
Filed transaction by Prosperity Bancshares Officer: Executive Vice President. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Prosperity Bancshares Valuation on March 5, 2024
It is possible to determine the worth of Prosperity Bancshares on a given historical date. On March 5, 2024 Prosperity was worth 62.09 at the beginning of the trading date compared to the closed value of 64.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prosperity Bancshares stock. Still, in general, we apply an absolute valuation method to find Prosperity Bancshares' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Prosperity Bancshares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prosperity Bancshares' related companies.
| Open | High | Low | Close | Volume | |
| 62.28 | 62.95 | 61.84 | 61.85 | 447,067 | |
03/05/2024 | 62.09 | 65.15 | 62.09 | 64.43 | 586,160 |
| 64.81 | 64.81 | 62.59 | 62.93 | 660,679 |
| Backtest Prosperity Bancshares | | | Prosperity Bancshares History | | | Prosperity Bancshares Valuation | Previous | Next |
Prosperity Bancshares Trading Date Momentum on March 5, 2024
| On March 06 2024 Prosperity Bancshares was traded for 62.93 at the closing time. The highest price during the trading period was 64.81 and the lowest recorded bid was listed for 62.59 . The volume for the day was 660.7 K. This history from March 6, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.33% . The trading delta at closing time to the current price is 6.43% . |
Prosperity Bancshares Fundamentals Correlations and Trends
By evaluating Prosperity Bancshares' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Prosperity Bancshares' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prosperity financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Prosperity Bancshares Stock history
Prosperity Bancshares investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Prosperity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prosperity Bancshares will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Prosperity Bancshares stock prices may prove useful in developing a viable investing in Prosperity Bancshares
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 92.9 M | 53.3 M | |
| Net Income Applicable To Common Shares | 603.2 M | 633.4 M |
Prosperity Bancshares Stock Technical Analysis
Prosperity Bancshares technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Prosperity Bancshares Period Price Range
Low | March 5, 2024
| High |
62.09 | 64.43 |
Prosperity Bancshares May 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Prosperity Bancshares stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prosperity Bancshares shares will generate the highest return on investment. By undertsting and applying Prosperity Bancshares stock market strength indicators, traders can identify Prosperity Bancshares entry and exit signals to maximize returns
| Accumulation Distribution | 27531.08 | |||
| Daily Balance Of Power | 0.7647 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 63.62 | |||
| Day Typical Price | 63.89 | |||
| Price Action Indicator | 1.98 | |||
| Period Momentum Indicator | (1.36) | |||
| Relative Strength Index | 52.54 |
Prosperity Bancshares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prosperity Bancshares' price direction in advance. Along with the technical and fundamental analysis of Prosperity Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Prosperity to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.06) |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prosperity Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Prosperity Stock refer to our How to Trade Prosperity Stock guide.Note that the Prosperity Bancshares information on this page should be used as a complementary analysis to other Prosperity Bancshares' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Prosperity Stock analysis
When running Prosperity Bancshares' price analysis, check to measure Prosperity Bancshares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Prosperity Bancshares is operating at the current time. Most of Prosperity Bancshares' value examination focuses on studying past and present price action to predict the probability of Prosperity Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prosperity Bancshares' price. Additionally, you may evaluate how the addition of Prosperity Bancshares to your portfolios can decrease your overall portfolio volatility.
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Is Prosperity Bancshares' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prosperity Bancshares. If investors know Prosperity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prosperity Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Dividend Share 2.22 | Earnings Share 4.32 | Revenue Per Share 11.617 | Quarterly Revenue Growth (0.02) |
The market value of Prosperity Bancshares is measured differently than its book value, which is the value of Prosperity that is recorded on the company's balance sheet. Investors also form their own opinion of Prosperity Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Prosperity Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prosperity Bancshares' market value can be influenced by many factors that don't directly affect Prosperity Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Prosperity Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Prosperity Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prosperity Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.