Hancock Whitney Q1 EPS Estimate Reduced by Zacks Research

Hancock Whitney Corporation (NASDAQ:HWC) – Research analysts at Zacks Research decreased their Q1 2028 earnings estimates for shares of Hancock Whitney in a research report issued on Tuesday, May 12th. Zacks Research analyst Team now anticipates that the company will post earnings of $1.62 per share for the quarter, down from their previous forecast of $1.67. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Hancock Whitney’s current full-year earnings is $6.32 per share.

Hancock Whitney (NASDAQ:HWC) last announced its earnings results on Tuesday, April 21st. The company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.48 by $0.04. Hancock Whitney had a net margin of 21.34% and a return on equity of 11.20%. The company had revenue of $393.64 million for the quarter, compared to the consensus estimate of $400.01 million. During the same period in the previous year, the business earned $1.38 EPS. The company’s revenue was down 19.7% on a year-over-year basis.

Several other research firms have also recently commented on HWC. DA Davidson boosted their price target on shares of Hancock Whitney from $77.00 to $79.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Piper Sandler boosted their price target on shares of Hancock Whitney from $78.00 to $80.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. Keefe, Bruyette & Woods boosted their price target on shares of Hancock Whitney from $70.00 to $72.00 and gave the company a “market perform” rating in a report on Wednesday, January 21st. Citigroup boosted their price target on shares of Hancock Whitney from $78.00 to $81.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Finally, Wall Street Zen cut shares of Hancock Whitney from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $76.86.

Hancock Whitney Trading Down 1.0%

Hancock Whitney stock opened at $65.19 on Thursday. The company’s fifty day simple moving average is $65.30 and its 200-day simple moving average is $65.02. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.04. Hancock Whitney has a 12 month low of $52.89 and a 12 month high of $75.43. The stock has a market cap of $5.29 billion, a P/E ratio of 13.39 and a beta of 0.97.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Torren Management LLC acquired a new position in shares of Hancock Whitney during the fourth quarter valued at about $32,000. Hilton Head Capital Partners LLC acquired a new position in shares of Hancock Whitney during the fourth quarter valued at about $35,000. Root Financial Partners LLC raised its position in shares of Hancock Whitney by 70.9% during the first quarter. Root Financial Partners LLC now owns 612 shares of the company’s stock valued at $39,000 after buying an additional 254 shares during the last quarter. IFP Advisors Inc raised its position in shares of Hancock Whitney by 67.6% during the third quarter. IFP Advisors Inc now owns 627 shares of the company’s stock valued at $39,000 after buying an additional 253 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. acquired a new position in shares of Hancock Whitney during the fourth quarter valued at about $40,000. Institutional investors and hedge funds own 81.22% of the company’s stock.

Hancock Whitney Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, June 5th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Friday, June 5th. Hancock Whitney’s dividend payout ratio is 41.07%.

About Hancock Whitney

Hancock Whitney Corporation (NASDAQ: HWC) is a regional financial services company headquartered in Gulfport, Mississippi. The firm was established in April 2019 through the merger of Hancock Holding Company and Whitney Holding Corporation, each of which traced its roots to the late 19th century. This combination created one of the largest bank holding companies in the Gulf South region, with a network of branches serving both urban and rural communities.

The company’s core business activities include commercial banking, retail banking and wealth management services.