BancorpSouth Inc. (NYSE:BXS) will be issuing its Q316 quarterly earnings data on Wednesday, October 19th. Analysts expect the company to announce earnings of $0.40 per share and revenue of $193.14 million for the quarter.

Earnings History for BancorpSouth (NYSE:BXS)

BancorpSouth Inc. (NYSE:BXS) opened at 22.85 on Tuesday. BancorpSouth Inc. has a 12-month low of $18.69 and a 12-month high of $27.23. The stock has a 50 day moving average price of $23.72 and a 200-day moving average price of $23.17. The firm has a market cap of $2.16 billion, a price-to-earnings ratio of 19.22 and a beta of 1.20.

The company also recently announced a quarterly dividend, which was paid on Monday, October 3rd. Shareholders of record on Thursday, September 15th were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date of this dividend was Tuesday, September 13th. This is an increase from BancorpSouth’s previous quarterly dividend of $0.10. BancorpSouth’s dividend payout ratio (DPR) is currently 42.02%.

A number of research firms have commented on BXS. FBR & Co reaffirmed a “buy” rating on shares of BancorpSouth in a report on Saturday, July 9th. Zacks Investment Research raised BancorpSouth from a “sell” rating to a “hold” rating in a report on Monday, October 3rd. JPMorgan Chase & Co. reaffirmed a “hold” rating and set a $24.00 target price on shares of BancorpSouth in a report on Friday, July 22nd. Keefe, Bruyette & Woods raised BancorpSouth from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $24.00 to $25.00 in a report on Thursday, June 30th. Finally, Raymond James Financial Inc. downgraded BancorpSouth from a “market perform” rating to an “underperform” rating in a report on Thursday, October 6th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $24.71.

In related news, insider James Ronald Hodges sold 4,543 shares of the firm’s stock in a transaction that occurred on Monday, August 22nd. The stock was sold at an average price of $24.01, for a total value of $109,077.43. Following the sale, the insider now directly owns 26,900 shares in the company, valued at approximately $645,869. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 3.93% of the company’s stock.

A number of hedge funds have recently bought and sold shares of BXS. Pacad Investment Ltd. acquired a new stake in BancorpSouth during the second quarter valued at approximately $111,000. Bessemer Group Inc. boosted its stake in BancorpSouth by 119.9% in the second quarter. Bessemer Group Inc. now owns 7,066 shares of the company’s stock valued at $160,000 after buying an additional 3,852 shares in the last quarter. Argent Trust Co acquired a new stake in BancorpSouth during the second quarter valued at approximately $209,000. Profund Advisors LLC boosted its stake in BancorpSouth by 9.2% in the second quarter. Profund Advisors LLC now owns 16,126 shares of the company’s stock valued at $366,000 after buying an additional 1,356 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of BancorpSouth during the second quarter worth about $399,000. Hedge funds and other institutional investors own 63.01% of the company’s stock.

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.

5 Day Chart for NYSE:BXS

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