Hancock (NASDAQ:HBHC) announced its earnings results on Wednesday. The financial services provider reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.03, Briefing.com reports. Hancock had a net margin of 19.08% and a return on equity of 8.27%. During the same period in the previous year, the business earned $0.64 earnings per share.

Hancock (HBHC) opened at $54.45 on Thursday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.12. Hancock has a 1 year low of $41.05 and a 1 year high of $54.55. The firm has a market cap of $4,561.43, a PE ratio of 21.87, a price-to-earnings-growth ratio of 1.81 and a beta of 0.91.

In other Hancock news, insider Samuel B. Kendricks sold 2,982 shares of the company’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $48.62, for a total transaction of $144,984.84. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 1.15% of the company’s stock.

Several research analysts recently issued reports on the stock. BidaskClub raised shares of Hancock from a “hold” rating to a “buy” rating in a report on Thursday, January 11th. SunTrust Banks reissued a “hold” rating and set a $57.00 price target on shares of Hancock in a report on Tuesday, January 9th. Sandler O’Neill raised shares of Hancock from a “hold” rating to a “buy” rating in a report on Thursday, January 4th. Hovde Group raised shares of Hancock from a “market perform” rating to an “outperform” rating and set a $58.00 price target for the company in a report on Wednesday, December 27th. Finally, Zacks Investment Research raised shares of Hancock from a “hold” rating to a “buy” rating and set a $56.00 price target for the company in a report on Tuesday, December 19th. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Hancock has a consensus rating of “Buy” and an average price target of $53.23.

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Hancock Company Profile

Hancock Holding Company is a financial services company that provides a network of service financial choices to the Gulf South region, through its bank subsidiary, Whitney Bank (the Bank), a Mississippi state bank. The Company operates through overall banking operations segment. The Bank operates under brands, such as Hancock Bank in Mississippi, Alabama and Florida, and Whitney Bank in Louisiana and Texas.

Earnings History for Hancock (NASDAQ:HBHC)

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