FY2025 EPS Estimates for Hancock Whitney Cut by DA Davidson

Hancock Whitney Co. (NASDAQ:HWC - Free Report) - Investment analysts at DA Davidson reduced their FY2025 earnings per share (EPS) estimates for Hancock Whitney in a research note issued on Wednesday, April 2nd. DA Davidson analyst G. Tenner now anticipates that the company will post earnings of $5.45 per share for the year, down from their prior forecast of $5.49. The consensus estimate for Hancock Whitney's current full-year earnings is $5.53 per share. DA Davidson also issued estimates for Hancock Whitney's FY2025 earnings at $5.45 EPS.

Several other equities analysts have also issued reports on the company. StockNews.com upgraded Hancock Whitney from a "sell" rating to a "hold" rating in a research report on Monday, March 3rd. Raymond James reaffirmed a "strong-buy" rating and issued a $72.00 target price (up previously from $64.00) on shares of Hancock Whitney in a research note on Wednesday, January 22nd. Finally, Stephens reissued an "overweight" rating and set a $74.00 price target (up from $68.00) on shares of Hancock Whitney in a research report on Wednesday, January 22nd. Three investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $62.56.

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Hancock Whitney Trading Up 6.6 %

Shares of Hancock Whitney stock traded up $3.04 during trading on Friday, reaching $49.24. 406,754 shares of the company were exchanged, compared to its average volume of 566,799. Hancock Whitney has a twelve month low of $41.56 and a twelve month high of $62.40. The business has a 50-day moving average price of $54.68 and a 200-day moving average price of $55.27. 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 firm has a market capitalization of $4.24 billion, a price-to-earnings ratio of 9.41 and a beta of 0.99.

Hancock Whitney (NASDAQ:HWC - Get Free Report) last posted its quarterly 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 net margin of 22.40% and a return on equity of 11.56%. During the same quarter in the prior year, the business earned $1.26 earnings per share.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Grove Bank & Trust acquired a new position in shares of Hancock Whitney during the 4th quarter worth approximately $31,000. Versant Capital Management Inc increased its stake in shares of Hancock Whitney by 554.6% during the 1st quarter. Versant Capital Management Inc now owns 707 shares of the company's stock worth $37,000 after purchasing an additional 599 shares during the last quarter. R Squared Ltd acquired a new position in shares of Hancock Whitney during the 4th quarter worth about $49,000. GeoWealth Management LLC bought a new position in Hancock Whitney during the fourth quarter worth about $65,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in Hancock Whitney during the fourth quarter worth approximately $92,000. Institutional investors and hedge funds own 81.22% of the company's stock.

Hancock Whitney Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Wednesday, March 5th were given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date 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 currently 34.09%.

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.