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

Washington Trust Bancorp's stock was trading at $35.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, WASH shares have decreased by 1.3% and is now trading at $35.28. View which stocks have been mosted impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Washington Trust Bancorp in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Washington Trust Bancorp.

Washington Trust Bancorp is scheduled to release its next quarterly earnings announcement on Monday, April 27th 2020. View our earnings forecast for Washington Trust Bancorp.

Washington Trust Bancorp (NASDAQ:WASH) posted its quarterly earnings data on Monday, January, 27th. The financial services provider reported $0.89 earnings per share for the quarter, missing the consensus estimate of $0.95 by $0.06. The financial services provider earned $48.61 million during the quarter, compared to analyst estimates of $49.70 million. Washington Trust Bancorp had a net margin of 26.06% and a return on equity of 14.11%. View Washington Trust Bancorp's earnings history.

Washington Trust Bancorp announced a quarterly dividend on Friday, March 20th. Shareholders of record on Wednesday, April 1st will be given a dividend of $0.51 per share on Thursday, April 9th. This represents a $2.04 dividend on an annualized basis and a yield of 5.78%. The ex-dividend date is Tuesday, March 31st. View Washington Trust Bancorp's dividend history.

2 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 share price to reach $54.00 in the next year. This suggests a possible upside of 53.1% from the stock's current price. View analysts' price targets for Washington Trust Bancorp.

Media headlines about WASH stock have been trending positive on Sunday, InfoTrie reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Washington Trust Bancorp earned a news impact score of 2.7 on InfoTrie's scale. They also gave media coverage 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 effect on the stock's share price in the near future. View the latest news aboutWashington Trust Bancorp.

Washington Trust Bancorp saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 198,900 shares, an increase of 6.8% from the February 13th total of 186,300 shares. Based on an average daily volume of 42,700 shares, the short-interest ratio is presently 4.7 days. Currently, 1.3% of the shares of the stock are short sold. View Washington Trust Bancorp's Current Options Chain.

Some companies that are related to Washington Trust Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), M&T Bank (MTB), First Republic Bank (FRC), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), SVB Financial Group (SIVB), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION) and East West Bancorp (EWBC).

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), Omega Healthcare Investors (OHI), Fossil Group (FOSL), Bank of America (BAC) and Bank of Montreal (BMO).

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

Washington Trust Bancorp's stock is owned by many different retail and institutional investors. Top institutional shareholders include Bank of New York Mellon Corp (11.98%), Principal Financial Group Inc. (6.22%), Champlain Investment Partners LLC (4.93%), Franklin Resources Inc. (4.56%), Franklin Resources Inc. (4.56%) and Renaissance Technologies LLC (2.82%). 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 and Victor J Orsinger II. View institutional ownership trends for Washington Trust Bancorp.

WASH stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, John W. Rosenthal Capital Management Inc., Driehaus Capital Management LLC, Nuveen Asset Management LLC, Barclays PLC, Ladenburg Thalmann Financial Services Inc., Credit Suisse AG, and Bank of America Corp DE. 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 activity for Washington Trust Bancorp.

WASH stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Norges Bank, Franklin Resources Inc., Franklin Resources Inc., Champlain Investment Partners LLC, Principal Financial Group Inc., Hotchkis & Wiley Capital Management LLC, and Foundry Partners LLC. Company insiders that have bought Washington Trust Bancorp stock in the last two years include Constance A Howes, and John T Ruggieri. View insider buying and selling activity for 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.

One share of WASH stock can currently be purchased for approximately $35.28.

Washington Trust Bancorp has a market capitalization of $612.46 million and generates $264.74 million in revenue each year. The financial services provider earns $69.12 million in net income (profit) each year or $3.96 on an earnings per share basis. Washington Trust Bancorp employs 601 workers across the globe. View additional information about Washington Trust Bancorp.

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

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]