BancorpSouth Inc. (NYSE:BXS) – FIG Partners issued their FY2018 earnings per share (EPS) estimates for BancorpSouth in a note issued to investors on Tuesday. FIG Partners analyst J. Rodis forecasts that the brokerage will post earnings of $1.90 per share for the year.

A number of other analysts have also recently issued reports on BXS. Zacks Investment Research upgraded shares of BancorpSouth from a “sell” rating to a “hold” rating in a research note on Monday, October 3rd. Royal Bank Of Canada cut shares of BancorpSouth from an “outperform” rating to a “sector perform” rating and reduced their target price for the company from $26.00 to $25.00 in a research note on Friday, October 21st. RBC Capital Markets cut shares of BancorpSouth from an “outperform” rating to a “sector perform” rating and reduced their target price for the company from $26.00 to $25.00 in a research note on Friday, October 21st. Finally, Raymond James Financial Inc. cut shares of BancorpSouth from a “market perform” rating to an “underperform” rating in a research note on Thursday, October 6th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $24.50.

Earnings History and Estimates for BancorpSouth (NYSE:BXS)

Shares of BancorpSouth (NYSE:BXS) traded up 0.17% during trading on Wednesday, hitting $29.25. The stock had a trading volume of 664,658 shares. The company has a market cap of $2.74 billion, a PE ratio of 23.82 and a beta of 1.22. BancorpSouth has a 12 month low of $18.69 and a 12 month high of $29.45. The stock has a 50 day moving average of $24.65 and a 200 day moving average of $23.72.

BancorpSouth (NYSE:BXS) last announced its quarterly earnings data on Wednesday, October 19th. The company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.40 by $0.01. The firm had revenue of $185.50 million for the quarter, compared to the consensus estimate of $193.14 million. BancorpSouth had a net margin of 15.47% and a return on equity of 8.40%. BancorpSouth’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.36 earnings per share.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 3rd. Stockholders of record on Thursday, December 15th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date is Tuesday, December 13th. BancorpSouth’s payout ratio is 40.65%.

Hedge funds have recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of BancorpSouth by 5.0% in the second quarter. Vanguard Group Inc. now owns 6,206,513 shares of the company’s stock worth $140,826,000 after buying an additional 295,789 shares during the last quarter. BlackRock Fund Advisors boosted its stake in shares of BancorpSouth by 7.0% in the third quarter. BlackRock Fund Advisors now owns 4,710,773 shares of the company’s stock worth $109,290,000 after buying an additional 309,253 shares during the last quarter. Silvercrest Asset Management Group LLC boosted its stake in shares of BancorpSouth by 27.4% in the second quarter. Silvercrest Asset Management Group LLC now owns 4,419,861 shares of the company’s stock worth $100,286,000 after buying an additional 951,651 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of BancorpSouth by 5.5% in the second quarter. Dimensional Fund Advisors LP now owns 3,820,324 shares of the company’s stock worth $86,680,000 after buying an additional 200,626 shares during the last quarter. Finally, Fisher Asset Management LLC boosted its stake in shares of BancorpSouth by 1.6% in the third quarter. Fisher Asset Management LLC now owns 2,954,533 shares of the company’s stock worth $68,545,000 after buying an additional 46,124 shares during the last quarter. Institutional investors and hedge funds own 64.06% of the company’s stock.

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About BancorpSouth

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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