Hancock Whitney Corp (NYSE:HWC) declared a quarterly dividend on Monday, July 29th, NASDAQ reports. Shareholders of record on Thursday, September 5th will be given a dividend of 0.27 per share on Monday, September 16th. This represents a $1.08 annualized dividend and a dividend yield of 3.08%. The ex-dividend date is Wednesday, September 4th.
HWC opened at $35.11 on Tuesday. The firm has a 50-day simple moving average of $37.69 and a two-hundred day simple moving average of $40.38. Hancock Whitney has a 52 week low of $32.59 and a 52 week high of $52.05.
Hancock Whitney (NYSE:HWC) last released its quarterly earnings data on Tuesday, July 16th. The company reported $1.01 EPS for the quarter, meeting the consensus estimate of $1.01. The company had revenue of $299.12 million for the quarter, compared to the consensus estimate of $294.04 million. During the same period last year, the company earned $0.96 EPS.
HWC has been the subject of several research reports. Raymond James reissued a “reduce” rating and set a $48.00 price objective (up previously from $45.00) on shares of Hancock Whitney in a report on Wednesday, July 17th. Bank of America downgraded shares of Hancock Whitney from a “buy” rating to a “neutral” rating in a report on Thursday, July 11th. Finally, Stephens reaffirmed a “hold” rating and issued a $42.00 price target on shares of Hancock Whitney in a report on Wednesday, July 17th. Two analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. Hancock Whitney currently has a consensus rating of “Hold” and an average target price of $46.50.
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.
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