BancorpSouth, Inc. (NYSE:BXS) – Equities research analysts at Jefferies Group issued their Q4 2017 earnings per share (EPS) estimates for shares of BancorpSouth in a report released on Tuesday. Jefferies Group analyst C. Haire expects that the bank will post earnings of $0.41 per share for the quarter. Jefferies Group currently has a “Hold” rating and a $33.00 target price on the stock.

Other analysts have also issued reports about the stock. Zacks Investment Research raised shares of BancorpSouth from a “hold” rating to a “buy” rating and set a $34.00 price target on the stock in a research report on Wednesday, August 2nd. Stephens set a $35.00 price target on shares of BancorpSouth and gave the stock a “buy” rating in a research report on Thursday, July 27th. ValuEngine raised shares of BancorpSouth from a “hold” rating to a “buy” rating in a research report on Tuesday, June 20th. Royal Bank Of Canada reissued a “hold” rating and issued a $31.00 price objective on shares of BancorpSouth in a research report on Friday, September 8th. Finally, BidaskClub raised shares of BancorpSouth from a “sell” rating to a “hold” rating in a research report on Friday, June 16th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company. BancorpSouth presently has a consensus rating of “Hold” and an average price target of $32.67.

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BancorpSouth (BXS) remained flat at $32.10 on Thursday. 44,452 shares of the company’s stock traded hands. BancorpSouth has a one year low of $22.23 and a one year high of $32.70. The company’s 50 day moving average is $30.33 and its 200 day moving average is $30.07. The firm has a market capitalization of $2.92 billion, a PE ratio of 19.77 and a beta of 1.43.

BancorpSouth (NYSE:BXS) last released its quarterly earnings results on Wednesday, July 19th. The bank reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. The business had revenue of $185.61 million for the quarter, compared to the consensus estimate of $187.78 million. BancorpSouth had a net margin of 19.46% and a return on equity of 8.77%. During the same quarter last year, the firm earned $0.39 EPS.

Several large investors have recently added to or reduced their stakes in the company. Piedmont Investment Advisors LLC increased its stake in shares of BancorpSouth by 20.5% in the 2nd quarter. Piedmont Investment Advisors LLC now owns 24,882 shares of the bank’s stock valued at $759,000 after acquiring an additional 4,236 shares in the last quarter. Raymond James Financial Services Advisors Inc. bought a new stake in BancorpSouth during the 2nd quarter valued at $386,000. Arrowstreet Capital Limited Partnership bought a new stake in BancorpSouth during the 2nd quarter valued at $238,000. BlueCrest Capital Management Ltd bought a new stake in BancorpSouth during the 2nd quarter valued at $6,063,000. Finally, State Street Corp increased its stake in BancorpSouth by 6.8% during the 2nd quarter. State Street Corp now owns 4,886,258 shares of the bank’s stock valued at $149,028,000 after purchasing an additional 310,447 shares in the last quarter. Institutional investors own 65.24% of the company’s stock.

The company also recently declared a quarterly dividend, which was paid on Monday, October 2nd. Shareholders of record on Friday, September 15th were issued a dividend of $0.14 per share. This is a positive change from BancorpSouth’s previous quarterly dividend of $0.13. The ex-dividend date was Thursday, September 14th. This represents a $0.56 annualized dividend and a yield of 1.74%. BancorpSouth’s dividend payout ratio (DPR) is presently 34.57%.

BancorpSouth Company Profile

BancorpSouth, Inc is a financial holding company. The Company, through its principal bank subsidiary, BancorpSouth Bank (the Bank), conducts commercial banking and financial services operations in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee, Texas and Illinois. The Company’s segments include Community Banking, Insurance Agencies, and General Corporate and Other.

Earnings History and Estimates for BancorpSouth (NYSE:BXS)

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