NASDAQ:PBCT - People's United Financial Stock Price, Forecast & News

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

People's United Financial declared a quarterly dividend on Thursday, January 16th. Stockholders of record on Saturday, February 1st will be paid a dividend of $0.177 per share on Saturday, February 15th. This represents a $0.71 dividend on an annualized basis and a dividend yield of 4.51%. The ex-dividend date of this dividend is Friday, January 31st. View People's United Financial's Dividend History.

People's United Financial announced that its Board of Directors has authorized a share buyback program on Thursday, July 18th 2019, which allows the company to buyback 20,000,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its stock is undervalued.

People's United Financial, Inc. (NASDAQ:PBCT) posted its quarterly earnings results on Thursday, January, 16th. The bank reported $0.37 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.33 by $0.04. The bank earned $506.90 million during the quarter, compared to the consensus estimate of $487.75 million. People's United Financial had a net margin of 22.51% and a return on equity of 8.16%. During the same quarter in the prior year, the company earned $0.35 EPS. View People's United Financial's Earnings History.

People's United Financial is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for People's United Financial.

6 brokerages have issued 12 month target prices for People's United Financial's stock. Their forecasts range from $15.50 to $17.50. On average, they anticipate People's United Financial's stock price to reach $16.50 in the next year. This suggests a possible upside of 5.0% from the stock's current price. View Analyst Price Targets for People's United Financial.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for People's United Financial in the last year. There are currently 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for People's United Financial.

News stories about PBCT stock have trended somewhat negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. People's United Financial earned a news sentiment score of -1.4 on InfoTrie's scale. They also gave media headlines about the bank a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for People's United Financial.

Some companies that are related to People's United Financial include TFS Financial (TFSL), New York Community Bancorp (NYCB), Radian Group (RDN), MGIC Investment (MTG), Lendingtree (TREE), Washington Federal (WAFD), Simply Good Foods (SMPL), WSFS Financial (WSFS), Walker & Dunlop (WD), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), Provident Financial Services (PFS), Berkshire Hills Bancorp (BHLB), Brookline Bancorp (BRKL) and OceanFirst Financial (OCFC).

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), Verizon Communications (VZ), Walgreens Boots Alliance (WBA), Altria Group (MO), IBM (IBM), Pfizer (PFE), Energy Transfer LP Unit (ET) and Cisco Systems (CSCO).

People's United Financial's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include California Public Employees Retirement System (0.26%), New York State Teachers Retirement System (0.20%), Janney Montgomery Scott LLC (0.10%), CHURCHILL MANAGEMENT Corp (0.06%), Sumitomo Mitsui DS Asset Management Company Ltd (0.05%) and Hennessy Advisors Inc. (0.05%). 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, Robert E Trautmann, Sara M Longobardi and William M Sheedy. View Institutional Ownership Trends for People's United Financial.

PBCT stock was sold by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, DNB Asset Management AS, Zurcher Kantonalbank Zurich Cantonalbank , Meag Munich Ergo Kapitalanlagegesellschaft MBH, Nisa Investment Advisors LLC, Sumitomo Mitsui DS Asset Management Company Ltd, Successful Portfolios LLC and Bangor Savings Bank. Company insiders that have sold People's United Financial company stock in the last year 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, R David Rosato and William M Sheedy. View Insider Buying and Selling for People's United Financial.

PBCT stock was bought by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., W.E. Donoghue & Co. LLC, Usca Ria LLC, CHURCHILL MANAGEMENT Corp, NEXT Financial Group Inc, Patriot Financial Group Insurance Agency LLC, Assenagon Asset Management S.A. and Eqis Capital Management Inc.. View Insider Buying and Selling for 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.

One share of PBCT stock can currently be purchased for approximately $15.71.

People's United Financial has a market capitalization of $6.27 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 5,920 workers across the globe.View Additional Information About People's United Financial.

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

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]