Hancock Whitney (NYSE:HWC) is set to issue its quarterly earnings data after the market closes on Tuesday, October 16th. Analysts expect the company to announce earnings of $1.01 per share for the quarter.
Hancock Whitney (NYSE:HWC) last released its earnings results on Tuesday, July 17th. The company reported $0.96 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.94 by $0.02. The company had revenue of $280.38 million during the quarter, compared to analysts’ expectations of $276.76 million. During the same quarter in the previous year, the firm earned $0.68 earnings per share.
HWC opened at $48.12 on Tuesday. Hancock Whitney has a twelve month low of $45.76 and a twelve month high of $56.40.
A number of research analysts have weighed in on HWC shares. Stephens reiterated a “buy” rating and issued a $59.00 target price on shares of Hancock Whitney in a research note on Friday, July 27th. Zacks Investment Research upgraded shares of Hancock Whitney from a “hold” rating to a “buy” rating and set a $56.00 target price on the stock in a research note on Tuesday, June 19th. Finally, Piper Jaffray Companies set a $59.00 target price on shares of Hancock Whitney and gave the company a “buy” rating in a research note on Thursday, July 19th.
In other Hancock Whitney news, insider Joseph S. Exnicios sold 7,925 shares of the business’s stock in a transaction dated Monday, July 23rd. The shares were sold at an average price of $51.75, for a total value of $410,118.75. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Christine L. Pickering sold 586 shares of the business’s stock in a transaction dated Thursday, July 26th. The shares were sold at an average price of $51.55, for a total transaction of $30,208.30. The disclosure for this sale can be found here. Over the last quarter, insiders sold 24,452 shares of company stock worth $1,240,246.
About Hancock Whitney
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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