DA Davidson Estimates Hancock Whitney Q1 Earnings

Hancock Whitney Co. (NASDAQ:HWC - Free Report) - Equities research analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of Hancock Whitney in a research note issued to investors on Thursday, January 23rd. DA Davidson analyst G. Tenner forecasts that the company will earn $1.24 per share for the quarter. DA Davidson has a "Buy" rating and a $65.00 price objective on the stock. The consensus estimate for Hancock Whitney's current full-year earnings is $5.16 per share.

Hancock Whitney (NASDAQ:HWC - Get Free Report) last released its earnings results on Tuesday, January 21st. The company reported $1.40 earnings per share for the quarter, topping analysts' consensus estimates 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 period in the prior year, the business posted $1.26 earnings per share.

Other research analysts have also recently issued research reports about the stock. Keefe, Bruyette & Woods raised their target price on shares of Hancock Whitney from $60.00 to $70.00 and gave the stock an "outperform" rating in a report on Wednesday, December 4th. Raymond James reiterated a "strong-buy" rating and set a $72.00 target price (up from $64.00) on shares of Hancock Whitney in a report on Wednesday. Stephens restated an "overweight" rating and set a $74.00 price target (up previously from $68.00) on shares of Hancock Whitney in a report on Wednesday. Finally, StockNews.com downgraded Hancock Whitney from a "hold" rating to a "sell" rating in a report on Thursday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $62.56.

Hancock Whitney Trading Down 0.7 %

Shares of NASDAQ:HWC traded down $0.44 on Friday, reaching $58.97. 838,075 shares of the company traded hands, compared to its average volume of 759,052. The stock has a market capitalization of $5.07 billion, a P/E ratio of 11.17 and a beta of 1.27. Hancock Whitney has a 52 week low of $41.19 and a 52 week high of $62.40. The business's 50-day simple moving average is $57.32 and its 200 day simple moving average is $53.81. The company has a current ratio of 0.79, a quick ratio of 0.81 and a debt-to-equity ratio of 0.05.

Hancock Whitney Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Thursday, December 5th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 2.71%. The ex-dividend date was Thursday, December 5th. Hancock Whitney's dividend payout ratio is currently 30.30%.

Insider Activity

In other news, Director Christine L. Pickering sold 763 shares of the stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $52.40, for a total value of $39,981.20. Following the sale, the director now directly owns 23,518 shares of the company's stock, valued at approximately $1,232,343.20. This represents a 3.14 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO John M. Hairston sold 18,000 shares of Hancock Whitney stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $59.44, for a total value of $1,069,920.00. Following the completion of the transaction, the chief executive officer now directly owns 254,026 shares of the company's stock, valued at approximately $15,099,305.44. This represents a 6.62 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.10% of the company's stock.

Institutional Investors Weigh In On Hancock Whitney

Institutional investors have recently made changes to their positions in the company. Trust Point Inc. boosted its position in shares of Hancock Whitney by 9.5% during the fourth quarter. Trust Point Inc. now owns 6,578 shares of the company's stock valued at $360,000 after buying an additional 573 shares during the last quarter. Journey Strategic Wealth LLC bought a new position in Hancock Whitney during the 4th quarter valued at about $208,000. BTC Capital Management Inc. boosted its holdings in shares of Hancock Whitney by 4.6% during the 4th quarter. BTC Capital Management Inc. now owns 7,121 shares of the company's stock valued at $390,000 after acquiring an additional 311 shares during the last quarter. EMC Capital Management grew its stake in shares of Hancock Whitney by 9.2% in the fourth quarter. EMC Capital Management now owns 6,019 shares of the company's stock worth $329,000 after acquiring an additional 507 shares during the period. Finally, DMC Group LLC raised its holdings in shares of Hancock Whitney by 3.7% during the fourth quarter. DMC Group LLC now owns 8,822 shares of the company's stock valued at $483,000 after purchasing an additional 317 shares during the last quarter. Hedge funds and other institutional investors own 81.22% of the company's stock.

About Hancock Whitney

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.