How to Buy Prosperity Bancshares Stock
Prosperity Bancshares Inc
Prosperity Bancshares is a bank company located in Texas, United States, which is part of the Financial Services sector, and is traded under the ticker PB on the NYSE exchange.
Prosperity Bancshares stock last closed at $63.07, up 0.88% from the previous day, and has increased 5.64% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.21 percentage points. Prosperity Bancshares stock is currently +27.16% from its 52-week low of $49.60, and -8.43% from its 52-week high of $68.88.
At the moment, there are 93.53M PB shares outstanding. The market cap of PB is $5.90B. In the past 24 hours, 411,430 PB shares were traded.
How to Buy Prosperity Bancshares Stock
Not sure how to invest in Prosperity Bancshares stock? Here's how.
- Choose where to buy Prosperity Bancshares stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Prosperity Bancshares stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Choose your method of payment and add your info.
- Evaluate Prosperity Bancshares stock: The Prosperity Bancshares ticker symbol is PB. Is Prosperity Bancshares stock a good investment? Should you buy shares of PB? How do PB's underlying business fundamentals look? Do top analysts think Prosperity Bancshares is a good buy? Why has PB's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if PB is a good stock to buy).
- Place your PB trade: Decide if you will purchase PB shares at the current market price or use a limit order to purchase PB stock at a particular price.
- Get the latest scoop on your PB position: Create a watchlist to keep tabs on your investment in Prosperity Bancshares stock.
Step 1: Choose where to buy Prosperity Bancshares stock
You need an online brokerage account to access the NYSE market and buy PB stock.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best online stock brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to world markets: From Tech to Industrials, New York to Tokyo — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal info so you are able to invest in PB today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create your new brokerage account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have finished signing up on the best stock buying app, you can securely and quickly fund your account:
Check out the video below to see the process of depositing funds into your investment account.
Step 4: Evaluate Prosperity Bancshares stock
Once you have chosen the best place to buy Prosperity Bancshares stock, it's critical to analyze their stock before you buy, so you truly understand the risk as well as the opportunity.
Prosperity Bancshares Metrics
PB Zen Score
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on PB's stock page.
How is PB stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge PB's intrinsic value.
Using relative valuations methods:
- PB could be undervalued based on its P/E ratio of 13.98x, relative to Banks - Regional industry P/E ratio of -10.04x
- PB could be undervalued based on its P/B ratio of 0.83x, relative to Banks - Regional industry P/B ratio of 1x
You can access additional valuation analysis on PB's stock here.
PB Financial Summary
Positive Health Checks:
- PB earnings of $534.46M is not enough to cover its interest payments.
- Total PB debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- PB's operating cash flow of $646.36M allows it to safely service it's debt of $4.03B.
- PB profit margin has gone down from 45.6% to 38.4% in the past year.
- PB has a relatively high debt to equity ratio of 4.45.
Is it a good time to buy PB stock, according to analysts?
Out of 8 Wall Street analysts who give recommendations on PB, the consensus analyst rating on Prosperity Bancshares is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
Most Recent PB Analyst Recommendations
Jennifer Demba, a top 7% analyst from Truist Securities maintains PB with a strong buy rating and raises their PB price target from $61.00 to $75.00, on Dec 15, 2023.
Brody Preston, a top 12% analyst from UBS maintains PB with a strong buy rating and raises their PB price target from $65.00 to $71.00, on Dec 13, 2023.
Ben Gerlinger, a top 29% analyst from Citigroup initiates coverage on PB with a strong buy rating and announces their PB price target of $68.00, on Dec 1, 2023.
You can dive deeper into what analysts are projecting on the Prosperity Bancshares stock forecast page.
Metrics for Advanced PB Traders
PB Growth Metrics
Last year, PB earnings were $419.32M. Over the last 5 year, PB's earnings have increased by -0.44% per year. This was slower than the Banks - Regional industry average of 16.01%.
Last year, PB revenue was $1.09B. Over the last 5 year, PB's revenue has increased by 8.39% per year. This was faster than the Banks - Regional industry average of 7.55%.
Dive into PB's earnings and revenue performance here.
Who is buying/selling PB?
In the last year, executives and large shareholders at PB have sold more shares than they have bought.
Robert J. Dowdell, Executive Vice President of PB, was the latest PB insider to sell. They sold $381,849.24 worth of PB shares on Mar 5, 2024.
Research more about who owns PB shares here.
Does PB stock generate passive income?
Prosperity Bancshares pays a dividend of 3.52%, compared to the Banks - Regional industry's average dividend yield of 3.7%. If you owned $1,000 of PB stock, you would have received $35.20 in the past 12 months.
Prosperity Bancshares dividend payments have consistently grown over the past decade and have remained stable.
Find more info about Prosperity Bancshares dividend yield and history here.
PB Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your PB trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, place a limit order.
Hit the Open button and your broker will execute the order.
If you need additional help with buying stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your PB position
Now that you own some shares in PB, you'll want to stay up-to-date on your investment.
Start a watchlist to get notified of the latest news about your PB stock.
PB Feed
How to Buy Stock in Prosperity Bancshares
To reiterate, here are the 6 steps for buying Prosperity Bancshares stock:
- Choose where to buy Prosperity Bancshares stock
- Create your brokerage account
- Deposit money your investment account
- Evaluate Prosperity Bancshares stock
- Place your PB trade
- Get the latest scoop on your PB position
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep track of your new investment in Prosperity Bancshares, add PB to your watchlist by clicking the button below.
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