Hancock Whitney (HWC) Expected to Announce Earnings on Tuesday

Hancock Whitney (NASDAQ:HWC - Get Free Report) is expected to issue its quarterly earnings data after the market closes on Tuesday, April 15th. Analysts expect the company to announce earnings of $1.28 per share and revenue of $368.12 million for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.

Hancock Whitney (NASDAQ:HWC - Get Free Report) last released its earnings results on Tuesday, January 21st. The company reported $1.40 EPS 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 period in the previous year, the firm posted $1.26 earnings per share. On average, analysts expect Hancock Whitney to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Hancock Whitney Stock Performance

Hancock Whitney stock traded down $0.01 during mid-day trading on Friday, reaching $46.61. 619,344 shares of the company traded hands, compared to its average volume of 574,211. Hancock Whitney has a fifty-two week low of $41.56 and a fifty-two week high of $62.40. The firm's fifty day moving average is $53.77 and its two-hundred day moving average is $55.17. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.79 and a quick ratio of 0.79. The company has a market capitalization of $4.01 billion, a price-to-earnings ratio of 8.83 and a beta of 0.99.

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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 annualized dividend and a dividend yield of 3.86%. This is an increase from Hancock Whitney's previous quarterly dividend of $0.40. The ex-dividend date was Wednesday, March 5th. Hancock Whitney's dividend payout ratio is presently 34.09%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on HWC. Stephens reissued an "overweight" rating and issued a $74.00 price objective (up from $68.00) on shares of Hancock Whitney in a report on Wednesday, January 22nd. Raymond James reissued a "strong-buy" rating and set a $72.00 price target (up from $64.00) on shares of Hancock Whitney in a research report on Wednesday, January 22nd. Finally, StockNews.com upgraded shares of Hancock Whitney from a "sell" rating to a "hold" rating in a research note on Monday, March 3rd. 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, Hancock Whitney currently has an average rating of "Moderate Buy" and a consensus price target of $62.56.

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.