Analysts forecast that BancorpSouth, Inc. (NYSE:BXS) will announce $186.53 million in sales for the current quarter, according to Zacks. Four analysts have issued estimates for BancorpSouth’s earnings, with estimates ranging from $184.30 million to $188.10 million. BancorpSouth reported sales of $188.35 million in the same quarter last year, which would suggest a negative year-over-year growth rate of 1%. The company is scheduled to report its next earnings report on Wednesday, January 24th.

On average, analysts expect that BancorpSouth will report full year sales of $186.53 million for the current financial year, with estimates ranging from $741.90 million to $752.50 million. For the next year, analysts expect that the business will post sales of $867.43 million per share, with estimates ranging from $844.70 million to $889.60 million. Zacks’ sales calculations are an average based on a survey of sell-side analysts that that provide coverage for BancorpSouth.

BancorpSouth (NYSE:BXS) last issued its quarterly earnings results on Thursday, October 19th. The bank reported $0.43 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.42 by $0.01. BancorpSouth had a return on equity of 8.97% and a net margin of 19.59%. The firm had revenue of $186.52 million for the quarter, compared to analyst estimates of $191.32 million. During the same period in the previous year, the firm earned $0.40 earnings per share. The company’s revenue was up .5% compared to the same quarter last year.

Several equities research analysts have recently commented on the company. Brean Capital restated a “hold” rating on shares of BancorpSouth in a report on Tuesday. BidaskClub downgraded BancorpSouth from a “sell” rating to a “strong sell” rating in a report on Saturday, August 12th. Zacks Investment Research upgraded BancorpSouth from a “sell” rating to a “hold” rating in a report on Tuesday, October 24th. SunTrust Banks restated a “hold” rating and set a $34.00 price objective on shares of BancorpSouth in a report on Wednesday, November 29th. Finally, Jefferies Group restated a “hold” rating and set a $33.00 price objective on shares of BancorpSouth in a report on Friday, August 11th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $33.13.

A number of institutional investors have recently made changes to their positions in BXS. Riverhead Capital Management LLC grew its holdings in BancorpSouth by 92.5% during the second quarter. Riverhead Capital Management LLC now owns 3,657 shares of the bank’s stock worth $112,000 after buying an additional 1,757 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in BancorpSouth by 9.0% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,841 shares of the bank’s stock worth $117,000 after buying an additional 316 shares in the last quarter. Sei Investments Co. grew its holdings in BancorpSouth by 34.4% during the second quarter. Sei Investments Co. now owns 6,063 shares of the bank’s stock worth $186,000 after buying an additional 1,553 shares in the last quarter. Oakbrook Investments LLC bought a new stake in BancorpSouth during the third quarter worth $202,000. Finally, Grandfield & Dodd LLC bought a new stake in BancorpSouth during the third quarter worth $203,000. Institutional investors and hedge funds own 66.37% of the company’s stock.

Shares of BancorpSouth (BXS) opened at $33.35 on Friday. The company has a market capitalization of $2,994.43, a P/E ratio of 20.21 and a beta of 1.40. BancorpSouth has a 1-year low of $27.20 and a 1-year high of $34.45. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.02.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Friday, December 15th will be issued a dividend of $0.14 per share. The ex-dividend date is Thursday, December 14th. This represents a $0.56 annualized dividend and a yield of 1.68%. BancorpSouth’s dividend payout ratio (DPR) is currently 33.94%.

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About BancorpSouth

BancorpSouth Bank is a financial holding company. The Company, through its principal bank subsidiary, 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.

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Earnings History and Estimates for BancorpSouth (NYSE:BXS)

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