Equities research analysts expect that Hancock Whitney Corp (NYSE:HWC) will announce $1.13 earnings per share for the current quarter, Zacks Investment Research reports. Five analysts have made estimates for Hancock Whitney’s earnings. The highest EPS estimate is $1.17 and the lowest is $1.10. Hancock Whitney posted earnings of $0.86 per share during the same quarter last year, which indicates a positive year over year growth rate of 31.4%. The business is expected to report its next quarterly earnings results on Wednesday, January 16th.
According to Zacks, analysts expect that Hancock Whitney will report full year earnings of $3.99 per share for the current financial year, with EPS estimates ranging from $3.94 to $4.06. For the next year, analysts anticipate that the firm will post earnings of $4.18 per share, with EPS estimates ranging from $4.15 to $4.26. Zacks’ earnings per share averages are a mean average based on a survey of analysts that follow Hancock Whitney.
Hancock Whitney (NYSE:HWC) last released its quarterly earnings data on Tuesday, October 16th. The company reported $1.01 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.01. The business had revenue of $289.71 million for the quarter, compared to the consensus estimate of $292.73 million.
NYSE HWC opened at $41.90 on Tuesday. Hancock Whitney has a 52-week low of $38.94 and a 52-week high of $56.40.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 14th. Investors of record on Wednesday, December 5th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Tuesday, December 4th. This represents a $1.08 dividend on an annualized basis and a yield of 2.58%.
In other news, insider Cecil W. Knight, Jr. bought 1,500 shares of the firm’s stock in a transaction that occurred on Monday, October 22nd. The stock was bought at an average price of $41.41 per share, with a total value of $62,115.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Copper Rock Capital Partners LLC purchased a new position in shares of Hancock Whitney in the second quarter worth $22,729,000. Foundry Partners LLC purchased a new position in shares of Hancock Whitney in the second quarter worth $20,333,000. Dalton Greiner Hartman Maher & Co. purchased a new position in shares of Hancock Whitney in the second quarter worth $17,375,000. Fisher Asset Management LLC purchased a new position in shares of Hancock Whitney in the second quarter worth $9,543,000. Finally, Cornerstone Wealth Management LLC purchased a new position in shares of Hancock Whitney in the second quarter worth $3,363,000.
Hancock Whitney Company Profile
Hancock Whitney Corp. is a bank holding company, which engages in the provision of financial services. It also offers trust and investment management services to retirement plans, corporations, and individuals; and brokerage services, annuity products, and life insurance, general insurance agency services, including life and title insurance, consumer financing service.
Further Reading: Outstanding Shares
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