NASDAQ:PBCT

People's United Financial Stock Forecast, Price & News

$18.29
+0.16 (+0.88 %)
(As of 06/11/2021 12:00 AM ET)
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Today's Range
$18.18
$18.36
50-Day Range
$17.35
$19.41
52-Week Range
$9.73
$19.62
Volume2.66 million shs
Average Volume2.41 million shs
Market Capitalization$7.82 billion
P/E Ratio13.35
Dividend Yield4.03%
Beta1.23
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People

About People's United Financial

People's United Financial, Inc. operates as the bank holding company for People's United Bank, National Association that provides commercial banking, retail banking, and wealth management services to individual, corporate, and municipal customers. The Commercial Banking segment offers commercial deposit products, commercial real estate lending, middle market and business banking, equipment financing, mortgage warehouse and asset-based lending, treasury management services, and capital market capabilities. The Retail Banking segment offers consumer lending, including residential mortgage and home equity lending; and consumer deposit gathering services. This segment also provides brokerage, financial and investment advisory, investment management, life insurance, financial management and planning, and non-institutional trust services. In addition, the company offers cash management, municipal banking, online banking, investment trading, and telephone banking services. It operates through a network of 417 branches in Connecticut, southeastern New York, Massachusetts, Vermont, Maine, and New Hampshire, as well as 631 ATMs. The company was founded in 1842 and is headquartered in Bridgeport, Connecticut.

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MarketRank

Overall MarketRank

2.24 out of 5 stars

Finance Sector

65th out of 1,979 stocks

Federal Savings Institutions Industry

2nd out of 109 stocks

Analyst Opinion: 1.1Community Rank: 1.6Dividend Strength: 5.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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People's United Financial (NASDAQ:PBCT) Frequently Asked Questions

Is People's United Financial a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for People's United Financial in the last year. There are currently 7 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" People's United Financial stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PBCT, but not buy additional shares or sell existing shares.
View analyst ratings for People's United Financial
or view top-rated stocks.

What stocks does MarketBeat like better than People's United Financial?

Wall Street analysts have given People's United Financial a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but People's United Financial wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is People's United Financial's next earnings date?

People's United Financial is scheduled to release its next quarterly earnings announcement on Thursday, July 22nd 2021.
View our earnings forecast for People's United Financial
.

How were People's United Financial's earnings last quarter?

People's United Financial, Inc. (NASDAQ:PBCT) posted its earnings results on Thursday, April, 22nd. The bank reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.03. The bank earned $480.50 million during the quarter, compared to analyst estimates of $497.07 million. People's United Financial had a trailing twelve-month return on equity of 7.47% and a net margin of 26.71%. The firm's revenue was down 7.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.33 earnings per share.
View People's United Financial's earnings history
.

How has People's United Financial's stock price been impacted by COVID-19?

People's United Financial's stock was trading at $12.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PBCT shares have increased by 46.4% and is now trading at $18.29.
View which stocks have been most impacted by COVID-19
.

How often does People's United Financial pay dividends? What is the dividend yield for People's United Financial?

People's United Financial declared a quarterly dividend on Thursday, April 22nd. Investors of record on Monday, May 3rd will be paid a dividend of $0.183 per share on Saturday, May 15th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date is Friday, April 30th. This is a positive change from People's United Financial's previous quarterly dividend of $0.18.
View People's United Financial's dividend history
.

Is People's United Financial a good dividend stock?

People's United Financial pays an annual dividend of $0.73 per share and currently has a dividend yield of 4.03%. PBCT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. People's United Financial has been increasing its dividend for 28 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of People's United Financial is 57.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, People's United Financial will have a dividend payout ratio of 56.15% next year. This indicates that People's United Financial will be able to sustain or increase its dividend.
View People's United Financial's dividend history.

How will People's United Financial's stock buyback program work?

People's United Financial announced that its Board of Directors has approved a stock buyback program on Thursday, July 18th 2019, which permits the company to buyback 20,000,000 shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company's management believes its stock is undervalued.

What price target have analysts set for PBCT?

8 equities research analysts have issued twelve-month target prices for People's United Financial's shares. Their forecasts range from $12.50 to $21.00. On average, they expect People's United Financial's stock price to reach $16.50 in the next twelve months. This suggests that the stock has a possible downside of 9.8%.
View analysts' price targets for People's United Financial
or view top-rated stocks among Wall Street analysts.

Who are People's United Financial's key executives?

People's United Financial's management team includes the following people:
  • Mr. John P. Barnes, Chairman & CEO (Age 66, Pay $2.66M)
  • Mr. Jeffrey J. Tengel, Pres (Age 58, Pay $1.26M)
  • Mr. R. David Rosato, Sr. EVP & CFO (Age 59, Pay $1.02M)
  • Mr. Lee C. Powlus, Sr. EVP & Chief Admin. Officer (Age 60, Pay $1.06M)
  • Mr. Kirk W. Walters, Sr. EVP of Corp. Devel. & Strategic Planning and Director (Age 65, Pay $1.12M)
  • Mr. Jeffrey A. Hoyt, Sr. VP & Chief Accounting Officer (Age 51)
  • Mr. Andrew S. Hersom, Sr. VP, Investor Relations
  • Ms. Michele Johnson, Compliance Officer
  • Ms. Kristy Berner Esq., Exec. VP, Gen. Counsel & Corp. Sec. (Age 47)
  • Mr. Mark F. Herron, Exec. VP & Chief Marketing Officer (Age 62)

What is John P. (Jack) Barnes' approval rating as People's United Financial's CEO?

205 employees have rated People's United Financial CEO John P. (Jack) Barnes on Glassdoor.com. John P. (Jack) Barnes has an approval rating of 73% among People's United Financial's employees.

Who are some of People's United Financial's key competitors?

What other stocks do shareholders of People's United Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other People's United Financial investors own include AT&T (T), Exxon Mobil (XOM), AbbVie (ABBV), Pfizer (PFE), Chevron (CVX), Verizon Communications (VZ), Cisco Systems (CSCO), Walgreens Boots Alliance (WBA), The Coca-Cola (KO) and International Business Machines (IBM).

What is People's United Financial's stock symbol?

People's United Financial trades on the NASDAQ under the ticker symbol "PBCT."

Who are People's United Financial's major shareholders?

People's United Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.11%), Bank of New York Mellon Corp (3.18%), Dimensional Fund Advisors LP (2.53%), Geode Capital Management LLC (1.92%), Northern Trust Corp (0.94%) and Versor Investments LP (0.92%). Company insiders that own People's United Financial stock include David K Norton, David P Berey, George P Carter, Jeffrey Hoyt, Jeffrey J Tengel, Jerry Franklin, John P Barnes, Kirk W Walters, Lee C Powlus, Mark F Herron, R David Rosato and William M Sheedy.
View institutional ownership trends for People's United Financial
.

Which institutional investors are selling People's United Financial stock?

PBCT stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Dimensional Fund Advisors LP, Great West Life Assurance Co. Can, Millennium Management LLC, Pinebridge Investments L.P., Brandywine Global Investment Management LLC, Cubist Systematic Strategies LLC, and Thrivent Financial for Lutherans. Company insiders that have sold People's United Financial company stock in the last year include David K Norton, George P Carter, Jeffrey J Tengel, Jerry Franklin, Kirk W Walters, Lee C Powlus, Mark F Herron, and R David Rosato.
View insider buying and selling activity for People's United Financial
or view top insider-selling stocks.

Which institutional investors are buying People's United Financial stock?

PBCT stock was acquired by a variety of institutional investors in the last quarter, including Versor Investments LP, BlackRock Inc., Citigroup Inc., Pentwater Capital Management LP, Goldman Sachs Group Inc., Barclays PLC, Alpine Associates Management Inc., and IndexIQ Advisors LLC.
View insider buying and selling activity for People's United Financial
or or view top insider-buying stocks.

How do I buy shares of People's United Financial?

Shares of PBCT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is People's United Financial's stock price today?

One share of PBCT stock can currently be purchased for approximately $18.29.

How much money does People's United Financial make?

People's United Financial has a market capitalization of $7.82 billion and generates $2.31 billion in revenue each year. The bank earns $219.60 million in net income (profit) each year or $1.27 on an earnings per share basis.

How many employees does People's United Financial have?

People's United Financial employs 5,987 workers across the globe.

Does People's United Financial have any subsidiaries?

The following companies are subsidiares of People's United Financial: Suffolk Bancorp.

When was People's United Financial founded?

People's United Financial was founded in 2006.

What is People's United Financial's official website?

The official website for People's United Financial is www.peoples.com.

Where are People's United Financial's headquarters?

People's United Financial is headquartered at 850 MAIN STREET, BRIDGEPORT CT, 06604.

How can I contact People's United Financial?

People's United Financial's mailing address is 850 MAIN STREET, BRIDGEPORT CT, 06604. The bank can be reached via phone at 203-338-7171 or via email at [email protected]


This page was last updated on 6/13/2021 by MarketBeat.com Staff
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