Hancock Whitney (NASDAQ:HWC – Get Free Report) issued its earnings results on Tuesday. The company reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.12, Briefing.com reports. Hancock Whitney had a return on equity of 11.66% and a net margin of 22.40%. During the same period last year, the company posted $1.26 EPS.
Hancock Whitney Stock Down 1.7 %
Shares of NASDAQ HWC opened at $59.72 on Thursday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.81 and a current ratio of 0.82. The stock has a market cap of $5.14 billion, a PE ratio of 11.31 and a beta of 1.27. Hancock Whitney has a 52-week low of $41.19 and a 52-week high of $62.40. The business has a fifty day moving average of $57.32 and a two-hundred day moving average of $53.73.
Hancock Whitney Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Thursday, December 5th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date of this dividend was Thursday, December 5th. Hancock Whitney’s dividend payout ratio (DPR) is 30.30%.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on HWC
Insider Buying and Selling
In other news, Director Christine L. Pickering sold 763 shares of the firm’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of $52.40, for a total value of $39,981.20. Following the transaction, the director now owns 23,518 shares of the company’s stock, valued at approximately $1,232,343.20. This trade represents a 3.14 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO John M. Hairston sold 18,000 shares of the stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $59.44, for a total transaction of $1,069,920.00. Following the completion of the transaction, the chief executive officer now owns 254,026 shares in the company, valued at $15,099,305.44. This represents a 6.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.10% of the stock is owned by corporate insiders.
Hancock Whitney Company Profile
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.
Read More
- Five stocks we like better than Hancock Whitney
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- 2 ETFs to Maximize Gains With Covered Call Strategies
- How to Evaluate a Stock Before Buying
- 3 Small-Cap Stocks Insiders and Institutions Are Buying
- Do ETFs Pay Dividends? What You Need to Know
- MaxCyte: Building the Future of Cell and Gene Therapy Innovation
Receive News & Ratings for Hancock Whitney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hancock Whitney and related companies with MarketBeat.com's FREE daily email newsletter.