Hancock Whitney Q1 EPS Estimate Reduced by Zacks Research

Hancock Whitney Corporation (NASDAQ:HWC) – Stock analysts at Zacks Research decreased their Q1 2028 earnings estimates for Hancock Whitney in a research report issued to clients and investors on Tuesday, May 12th. Zacks Research analyst Team now anticipates that the company will earn $1.62 per share for the quarter, down from their prior estimate of $1.67. Zacks Research currently 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 quarterly earnings data on Tuesday, April 21st. The company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.48 by $0.04. The business had revenue of $393.64 million during the quarter, compared to analyst estimates of $400.01 million. Hancock Whitney had a net margin of 21.34% and a return on equity of 11.20%. The firm’s revenue for the quarter was down 19.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.38 earnings per share.

Several other research analysts have also issued reports on the stock. Wall Street Zen lowered shares of Hancock Whitney from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Keefe, Bruyette & Woods increased their price target on shares of Hancock Whitney from $70.00 to $72.00 and gave the stock a “market perform” rating in a research report on Wednesday, January 21st. Weiss Ratings lowered shares of Hancock Whitney from a “buy (b)” rating to a “hold (c+)” rating in a research report on Monday. Citigroup increased their price target on shares of Hancock Whitney from $78.00 to $81.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Finally, Piper Sandler increased their price target on shares of Hancock Whitney from $78.00 to $80.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Hancock Whitney currently has an average rating of “Moderate Buy” and an average target price of $76.86.

Hancock Whitney Stock Performance

NASDAQ:HWC opened at $65.19 on Thursday. Hancock Whitney has a 12-month low of $52.89 and a 12-month high of $75.43. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $5.29 billion, a PE ratio of 13.39 and a beta of 0.97. The firm has a 50-day moving average price of $65.30 and a 200 day moving average price of $65.02.

Hancock Whitney Dividend Announcement

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

Institutional Trading of Hancock Whitney

Several hedge funds have recently modified their holdings of the company. SG Americas Securities LLC increased its holdings in shares of Hancock Whitney by 0.6% during the first quarter. SG Americas Securities LLC now owns 24,457 shares of the company’s stock worth $1,555,000 after buying an additional 153 shares in the last quarter. Vident Advisory LLC increased its holdings in shares of Hancock Whitney by 4.5% during the fourth quarter. Vident Advisory LLC now owns 3,517 shares of the company’s stock worth $224,000 after buying an additional 153 shares in the last quarter. BTC Capital Management Inc. increased its holdings in shares of Hancock Whitney by 1.9% during the first quarter. BTC Capital Management Inc. now owns 8,472 shares of the company’s stock worth $539,000 after buying an additional 162 shares in the last quarter. Hilton Head Capital Partners LLC increased its holdings in shares of Hancock Whitney by 31.0% during the first quarter. Hilton Head Capital Partners LLC now owns 719 shares of the company’s stock worth $46,000 after buying an additional 170 shares in the last quarter. Finally, GAMMA Investing LLC increased its holdings in shares of Hancock Whitney by 12.7% during the fourth quarter. GAMMA Investing LLC now owns 1,617 shares of the company’s stock worth $103,000 after buying an additional 182 shares in the last quarter. Institutional investors and hedge funds own 81.22% of the company’s stock.

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.