NASDAQ:WASHWashington Trust Bancorp Stock Price, Forecast & News

Washington Trust Bancorp's stock was trading at $35.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WASH stock has decreased by 11.4% and is now trading at $31.66. View which stocks have been most 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 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Washington Trust Bancorp.

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

Washington Trust Bancorp (NASDAQ:WASH) announced its quarterly earnings data on Monday, April, 27th. The financial services provider reported $0.68 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.70 by $0.02. The financial services provider had revenue of $52.53 million for the quarter, compared to analysts' expectations of $48.13 million. Washington Trust Bancorp had a net margin of 23.81% and a return on equity of 12.72%. View Washington Trust Bancorp's earnings history.

Washington Trust Bancorp declared a quarterly dividend on Friday, June 19th. Investors of record on Wednesday, July 1st will be paid a dividend of $0.51 per share on Friday, July 10th. This represents a $2.04 annualized dividend and a dividend yield of 6.44%. The ex-dividend date is Tuesday, June 30th. View Washington Trust Bancorp's dividend history.

2 analysts have issued 1-year price targets for Washington Trust Bancorp's shares. Their forecasts range from $40.00 to $40.00. On average, they anticipate Washington Trust Bancorp's share price to reach $40.00 in the next twelve months. This suggests a possible upside of 26.3% from the stock's current price. View analysts' price targets for Washington Trust Bancorp.

News coverage about WASH stock has trended negative recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Washington Trust Bancorp earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Washington Trust Bancorp.

Washington Trust Bancorp saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 183,500 shares, an increase of 14.8% from the May 31st total of 159,800 shares. Based on an average daily volume of 101,700 shares, the short-interest ratio is presently 1.8 days. Currently, 1.2% 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), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). View all competitors.

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), Alibaba Group (BABA), Intelsat (I), Omega Healthcare Investors (OHI), Bank of America (BAC), Standex Int'l (SXI), Bank of Montreal (BMO) and Apollo Global Management (APO).

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

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 $31.66.

Washington Trust Bancorp has a market capitalization of $546.45 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.

The official website for Washington Trust Bancorp is 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]