FY2026 EPS Estimates for Hancock Whitney Lowered by Analyst

Hancock Whitney Corporation (NASDAQ:HWC) – DA Davidson lowered their FY2026 earnings per share estimates for shares of Hancock Whitney in a research report issued on Monday, September 29th. DA Davidson analyst G. Tenner now forecasts that the company will post earnings per share of $6.07 for the year, down from their previous estimate of $6.09. DA Davidson currently has a “Buy” rating and a $67.00 target price on the stock. The consensus estimate for Hancock Whitney’s current full-year earnings is $5.53 per share.

Several other analysts have also weighed in on HWC. Wall Street Zen lowered shares of Hancock Whitney from a “hold” rating to a “sell” rating in a research note on Monday, August 11th. Piper Sandler lifted their price target on shares of Hancock Whitney from $70.00 to $72.00 and gave the company an “overweight” rating in a research note on Wednesday, July 16th. Keefe, Bruyette & Woods lowered shares of Hancock Whitney from an “outperform” rating to a “market perform” rating and upped their price objective for the company from $62.00 to $63.00 in a report on Friday, July 11th. Raymond James Financial reissued a “strong-buy” rating on shares of Hancock Whitney in a research report on Monday, September 8th. Finally, Hovde Group boosted their target price on Hancock Whitney from $65.00 to $72.00 and gave the company an “outperform” rating in a research report on Wednesday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Hancock Whitney currently has an average rating of “Buy” and a consensus price target of $70.00.

Hancock Whitney Price Performance

Shares of HWC opened at $62.46 on Wednesday. The firm has a market cap of $5.29 billion, a PE ratio of 11.50 and a beta of 1.11. Hancock Whitney has a 52-week low of $43.90 and a 52-week high of $64.66. The business’s 50 day moving average price is $61.65 and its two-hundred day moving average price is $56.84. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.81 and a current ratio of 0.81.

Hancock Whitney (NASDAQ:HWC) last announced its earnings results on Tuesday, July 15th. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.36 by $0.01. The company had revenue of $377.98 million for the quarter, compared to analyst estimates of $375.99 million. Hancock Whitney had a return on equity of 11.21% and a net margin of 23.28%.During the same quarter in the prior year, the company earned $1.31 EPS.

Hancock Whitney Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, September 5th were given a $0.45 dividend. The ex-dividend date of this dividend was Friday, September 5th. This represents a $1.80 annualized dividend and a yield of 2.9%. Hancock Whitney’s dividend payout ratio (DPR) is presently 33.15%.

Hedge Funds Weigh In On Hancock Whitney

A number of hedge funds have recently added to or reduced their stakes in the stock. Norges Bank purchased a new stake in shares of Hancock Whitney in the second quarter worth approximately $60,224,000. Wellington Management Group LLP grew its holdings in Hancock Whitney by 50.4% during the first quarter. Wellington Management Group LLP now owns 3,057,103 shares of the company’s stock worth $160,345,000 after buying an additional 1,024,869 shares in the last quarter. Massachusetts Financial Services Co. MA purchased a new stake in Hancock Whitney in the 1st quarter valued at $43,019,000. Nuveen LLC bought a new position in Hancock Whitney during the 1st quarter valued at $38,163,000. Finally, First Trust Advisors LP lifted its stake in Hancock Whitney by 83.0% during the 2nd quarter. First Trust Advisors LP now owns 850,639 shares of the company’s stock valued at $48,827,000 after acquiring an additional 385,784 shares in the last quarter. Institutional investors and hedge funds own 81.22% of the company’s stock.

About Hancock Whitney

Hancock Whitney Corporation operates as the financial holding company for Hancock Whitney Bank that provides traditional and online banking services to commercial, small business, and retail customers. It offers various transaction and savings deposit products consisting of brokered deposits, time deposits, and money market accounts; treasury management services, secured and unsecured loan products including revolving credit facilities, and letters of credit and similar financial guarantees; and trust and investment management services to retirement plans, corporations, and individuals, and investment advisory and brokerage products.