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NASDAQ:WASH - Washington Trust Bancorp Stock Price, Forecast & News

$52.66
-0.17 (-0.32 %)
(As of 12/13/2019 04:00 PM ET)
Today's Range
$52.03
Now: $52.66
$52.83
50-Day Range
$49.95
MA: $52.05
$53.28
52-Week Range
$45.21
Now: $52.66
$54.24
Volume29,182 shs
Average Volume36,562 shs
Market Capitalization$913.65 million
P/E Ratio13.40
Dividend Yield3.95%
Beta0.66
Washington Trust Bancorp, Inc operates as the bank holding company for The Washington Trust Company, of Westerly that offers various financial products and services to individuals and businesses. The company operates in two segments, Commercial Banking and Wealth Management Services. The Commercial Banking segment provides various commercial and retail lending products, which include commercial real estate loans consisting of commercial mortgages and construction loans; commercial and industrial loans; residential real estate loans; and consumer loans comprising home equity loans and lines of credit, personal installment loans, and loans to individuals secured by general aviation aircraft. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:WASH
CUSIP94061010
Phone401-348-1200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$238.52 million
Cash Flow$4.45 per share
Book Value$25.92 per share

Profitability

Net Income$68.43 million

Miscellaneous

Employees601
Market Cap$913.65 million
Next Earnings Date1/27/2020 (Estimated)
OptionableOptionable

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Washington Trust Bancorp (NASDAQ:WASH) Frequently Asked Questions

What is Washington Trust Bancorp's stock symbol?

Washington Trust Bancorp trades on the NASDAQ under the ticker symbol "WASH."

How often does Washington Trust Bancorp pay dividends? What is the dividend yield for Washington Trust Bancorp?

Washington Trust Bancorp declared a -- dividend on Friday, September 20th. Shareholders of record on Tuesday, October 1st will be paid a dividend of $0.51 per share on Friday, October 11th. This represents a yield of 4.1%. The ex-dividend date of this dividend is Monday, September 30th. View Washington Trust Bancorp's Dividend History.

How were Washington Trust Bancorp's earnings last quarter?

Washington Trust Bancorp (NASDAQ:WASH) announced its quarterly earnings results on Monday, October, 21st. The financial services provider reported $1.08 EPS for the quarter, topping the consensus estimate of $0.96 by $0.12. The financial services provider had revenue of $51.32 million for the quarter, compared to analyst estimates of $50.50 million. Washington Trust Bancorp had a return on equity of 14.84% and a net margin of 26.76%. View Washington Trust Bancorp's Earnings History.

When is Washington Trust Bancorp's next earnings date?

Washington Trust Bancorp is scheduled to release their next quarterly earnings announcement on Monday, January 27th 2020. View Earnings Estimates for Washington Trust Bancorp.

What price target have analysts set for WASH?

3 Wall Street analysts have issued 12-month price objectives for Washington Trust Bancorp's stock. Their forecasts range from $53.00 to $55.00. On average, they anticipate Washington Trust Bancorp's stock price to reach $54.33 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price. View Analyst Price Targets for Washington Trust Bancorp.

What is the consensus analysts' recommendation for Washington Trust Bancorp?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Washington Trust Bancorp in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Washington Trust Bancorp.

Has Washington Trust Bancorp been receiving favorable news coverage?

News articles about WASH stock have been trending somewhat negative recently, according to InfoTrie. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Washington Trust Bancorp earned a media sentiment score of -1.8 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Washington Trust Bancorp.

Are investors shorting Washington Trust Bancorp?

Washington Trust Bancorp saw a drop in short interest in the month of November. As of November 29th, there was short interest totalling 178,400 shares, a drop of 20.4% from the November 14th total of 224,200 shares. Based on an average daily trading volume, of 36,900 shares, the short-interest ratio is presently 4.8 days. Approximately 1.2% of the shares of the stock are short sold. View Washington Trust Bancorp's Current Options Chain.

Who are some of Washington Trust Bancorp's key competitors?

What other stocks do shareholders of Washington Trust Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Washington Trust Bancorp investors own include Walt Disney (DIS), Mcdonald's (MCD), Q BioMed (QBIO), Intelsat (I), Standex Int'l (SXI), Alibaba Group (BABA), Associated British Foods (ABF), Chaarat Gold (CGH), Fossil Group (FOSL) and Bank of America (BAC).

Who are Washington Trust Bancorp's key executives?

Washington Trust Bancorp's management team includes the folowing people:
  • Mr. Edward O. Handy III, Chairman & CEO (Age 57)
  • Mr. Mark K. W. Gim, Pres & COO (Age 53)
  • Mr. Ronald S. Ohsberg CPA, Sr. EVP, CFO & Treasurer (Age 54)
  • Mr. James M. Hagerty CPA, Exec. VP & Chief Lending Officer of Washington Trust Company of Westerly (Age 61)
  • Ms. Kathleen A. Ryan Esq., Exec. VP & Chief Wealth Management Officer of Washington Trust Company of Westerly (Age 53)

Who are Washington Trust Bancorp's major shareholders?

Washington Trust Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (1.80%), Boston Trust Walden Corp (1.26%), Systematic Financial Management LP (1.12%), New England Research & Management Inc. (0.41%), Millennium Management LLC (0.30%) and California Public Employees Retirement System (0.17%). Company insiders that own Washington Trust Bancorp stock include Constance A Howes, Dennis L Algiere, Edwin J Santos, H Douglas Randall III, James M Hagerty, John F Treanor, John T Ruggieri, Katherine W Hoxsie, Kristen L Disanto, Mary E Noons, Steven J Crandall and Victor J Orsinger II. View Institutional Ownership Trends for Washington Trust Bancorp.

Which institutional investors are selling Washington Trust Bancorp stock?

WASH stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Foundry Partners LLC, Systematic Financial Management LP, First Trust Advisors LP, Rice Hall James & Associates LLC, New England Research & Management Inc., Barclays PLC and Commonwealth Equity Services LLC. Company insiders that have sold Washington Trust Bancorp company stock in the last year include Edwin J Santos and Katherine W Hoxsie. View Insider Buying and Selling for Washington Trust Bancorp.

Which institutional investors are buying Washington Trust Bancorp stock?

WASH stock was purchased by a variety of institutional investors in the last quarter, including Resources Management Corp CT ADV, Coastline Trust Co, California Public Employees Retirement System, Russell Investments Group Ltd., Janney Montgomery Scott LLC, Boston Trust Walden Corp, Millennium Management LLC and Rhumbline Advisers. Company insiders that have bought Washington Trust Bancorp stock in the last two years include Constance A Howes, John T Ruggieri and Steven J Crandall. View Insider Buying and Selling for Washington Trust Bancorp.

How do I buy shares of Washington Trust Bancorp?

Shares of WASH 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 Washington Trust Bancorp's stock price today?

One share of WASH stock can currently be purchased for approximately $52.66.

How big of a company is Washington Trust Bancorp?

Washington Trust Bancorp has a market capitalization of $913.65 million and generates $238.52 million in revenue each year. The financial services provider earns $68.43 million in net income (profit) each year or $3.93 on an earnings per share basis. Washington Trust Bancorp employs 601 workers across the globe.View Additional Information About Washington Trust Bancorp.

What is Washington Trust Bancorp's official website?

The official website for Washington Trust Bancorp is http://www.washtrust.com/.

How can I contact Washington Trust Bancorp?

Washington Trust Bancorp's mailing address is 23 BROAD STREET, WESTERLY RI, 02891. The financial services provider can be reached via phone at 401-348-1200 or via email at [email protected]


MarketBeat Community Rating for Washington Trust Bancorp (NASDAQ WASH)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  151 (Vote Outperform)
Underperform Votes:  229 (Vote Underperform)
Total Votes:  380
MarketBeat's community ratings are surveys of what our community members think about Washington Trust Bancorp and other stocks. Vote "Outperform" if you believe WASH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WASH will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/14/2019 by MarketBeat.com Staff

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