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NASDAQ:PBCT

People's United Financial Stock Forecast, Price & News

$10.63
+0.01 (+0.09 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$10.47
Now: $10.63
$10.69
50-Day Range
$10.14
MA: $10.81
$11.65
52-Week Range
$9.37
Now: $10.63
$17.22
Volume10.99 million shs
Average Volume4.47 million shs
Market Capitalization$4.52 billion
P/E Ratio9.24
Dividend Yield6.78%
Beta1.21
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 company operates in two segments, Commercial Banking and Retail Banking. The Commercial Banking segment offers commercial real estate lending, commercial and industrial lending, and commercial deposit gathering services. This segment also provides equipment financing; cash management, correspondent banking, and municipal banking services; and institutional trust, corporate trust, private banking, and commercial insurance services. 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 advisory, investment management, life insurance, and non-institutional trust services. In addition, the company offers online banking, investment trading, and telephone banking services. It operates through a network of 422 branches in Connecticut, southeastern New York, Massachusetts, Vermont, Maine, and New Hampshire, as well as 607 ATMs. The company was founded in 1842 and is headquartered in Bridgeport, Connecticut.
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People

Beat the Market (BTM) Rank

Analyst Opinion: 2.1Community Rank: 1.6Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.31 out of 5 stars


Industry, Sector and Symbol

Industry Federal savings institutions
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
Current SymbolNASDAQ:PBCT
CUSIP71270410
Phone203-338-7171

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.31 billion
Cash Flow$1.67 per share
Book Value$19.29 per share

Profitability

Net Income$520.40 million

Miscellaneous

Employees6,499
Market Cap$4.52 billion
Next Earnings Date10/15/2020 (Estimated)
OptionableOptionable
$10.63
+0.01 (+0.09 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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People's United Financial (NASDAQ:PBCT) Frequently Asked Questions

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

People's United Financial's stock was trading at $12.49 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PBCT stock has decreased by 14.9% and is now trading at $10.63.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of People's United Financial?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for People's United Financial in the last year. There are currently 9 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for People's United Financial
.

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, October 15th 2020.
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) released its quarterly earnings results on Thursday, July, 23rd. The bank reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.02. The bank earned $495.20 million during the quarter, compared to analyst estimates of $495.87 million. People's United Financial had a return on equity of 7.39% and a net margin of 20.81%. During the same period in the prior year, the firm earned $0.34 EPS.
View People's United Financial's earnings history
.

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, July 23rd. Shareholders of record on Monday, August 3rd will be given a dividend of $0.18 per share on Saturday, August 15th. This represents a $0.72 annualized dividend and a dividend yield of 6.77%. The ex-dividend date is Friday, July 31st.
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 repurchase plan on Thursday, July 18th 2019, which authorizes the company to buyback 20,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

What price target have analysts set for PBCT?

10 equities research analysts have issued 12-month price targets for People's United Financial's shares. Their forecasts range from $9.00 to $15.50. On average, they expect People's United Financial's stock price to reach $13.00 in the next twelve months. This suggests a possible upside of 22.3% from the stock's current price.
View analysts' price targets for People's United Financial
.

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), AbbVie (ABBV), Exxon Mobil (XOM), Pfizer (PFE), Verizon Communications (VZ), Chevron (CVX), Walgreens Boots Alliance (WBA), Cisco Systems (CSCO), Johnson & Johnson (JNJ) and Altria Group (MO).

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 64)
  • Mr. Jeffrey J. Tengel, Pres (Age 56)
  • Mr. R. David Rosato, Sr. EVP & CFO (Age 57)
  • Mr. Lee C. Powlus, Sr. EVP & Chief Admin. Officer (Age 58)
  • Mr. Kirk W. Walters, Sr. EVP of Corp. Devel. & Strategic Planning and Director (Age 63)

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 a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.56%), Bank of New York Mellon Corp (3.20%), Prudential PLC (1.75%), ProShare Advisors LLC (1.70%), Epoch Investment Partners Inc. (1.54%) and Hamlin Capital Management LLC (0.97%). Company insiders that own People's United Financial stock include David K Norton, David P Berey, Galan G Daukas, George P Carter, Jeffrey Hoyt, Jeffrey J Tengel, Jerry Franklin, John P Barnes, Lee C Powlus, Mark F Herron, Mark W Richards, R David Rosato and William M Sheedy.
View institutional ownership trends for People's United Financial
.

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

PBCT stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Nordea Investment Management AB, Bank of New York Mellon Corp, Balyasny Asset Management LLC, Bank of America Corp DE, First Trust Advisors LP, APG Asset Management N.V., and Russell Investments Group Ltd.. Company insiders that have sold People's United Financial company stock in the last year include David K Norton, David P Berey, George P Carter, Jeffrey J Tengel, John P Barnes, Lee C Powlus, R David Rosato, and William M Sheedy.
View insider buying and selling activity for People's United Financial
.

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

PBCT stock was acquired by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Prudential PLC, Hamlin Capital Management LLC, Bessemer Group Inc., ProShare Advisors LLC, Marshall Wace LLP, UBS Group AG, and Cipher Capital LP.
View insider buying and selling activity for People's United Financial
.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

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

One share of PBCT stock can currently be purchased for approximately $10.63.

How big of a company is People's United Financial?

People's United Financial has a market capitalization of $4.52 billion and generates $2.31 billion in revenue each year. The bank earns $520.40 million in net income (profit) each year or $1.39 on an earnings per share basis. People's United Financial employs 6,499 workers across the globe.

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

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

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 9/20/2020 by MarketBeat.com Staff

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