BancorpSouth (BXS) to Release Earnings on Thursday
BancorpSouth (NYSE:BXS) will be posting its Q413 quarterly earnings results on Thursday, January 23rd. Analysts expect BancorpSouth to post earnings of $0.28 per share and revenue of $165.67 million for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.
Shares of BancorpSouth (NYSE:BXS) opened at 24.97 on Wednesday. BancorpSouth has a 52 week low of $14.14 and a 52 week high of $25.54. The stock’s 50-day moving average is $24.55 and its 200-day moving average is $21.60. The company has a market cap of $2.377 billion and a price-to-earnings ratio of 27.80.
A number of analysts have recently weighed in on BXS shares. Analysts at Morgan Stanley downgraded shares of BancorpSouth from an “equal weight” rating to an “underweight” rating in a research note to investors on Monday, January 6th. They noted that the move was a valuation call. On a related note, analysts at Zacks reiterated a “neutral” rating on shares of BancorpSouth in a research note to investors on Thursday, January 2nd. They now have a $27.00 price target on the stock. Finally, analysts at Wunderlich raised their price target on shares of BancorpSouth from $23.00 to $26.00 in a research note to investors on Wednesday, December 4th. They now have a “hold” rating on the stock. One analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. BancorpSouth currently has an average rating of “Hold” and a consensus target price of $21.13.
BancorpSouth, Inc is a financial holding company. Through its principal bank subsidiary, BancorpSouth Bank (NYSE:BXS), the Company conducts commercial banking and financial services operations in Mississippi, Tennessee, Alabama, Arkansas, Texas, Louisiana, Florida, Missouri and Illinois.
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