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

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

Washington Trust Bancorp announced a quarterly dividend on Friday, December 20th. Shareholders of record on Thursday, January 2nd will be given a dividend of $0.51 per share on Friday, January 10th. This represents a $2.04 annualized dividend and a yield of 4.22%. The ex-dividend date of this dividend is Tuesday, December 31st. View Washington Trust Bancorp's Dividend History.

Washington Trust Bancorp (NASDAQ:WASH) issued its quarterly earnings results on Monday, January, 27th. The financial services provider reported $0.89 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.95 by $0.06. The financial services provider had revenue of $48.61 million for 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 14.25%. View Washington Trust Bancorp's Earnings History.

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

2 equities research analysts have issued twelve-month price objectives for Washington Trust Bancorp's stock. Their forecasts range from $53.00 to $55.00. On average, they expect Washington Trust Bancorp's stock price to reach $54.00 in the next twelve months. This suggests a possible upside of 11.7% from the stock's current price. View Analyst Price Targets for Washington Trust Bancorp.

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.

Media coverage about WASH stock has been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Washington Trust Bancorp earned a media sentiment score of 1.4 on InfoTrie's scale. They also gave news articles about the financial services provider 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 next several days. View News Stories for Washington Trust Bancorp.

Washington Trust Bancorp saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 194,500 shares, a drop of 8.1% from the January 15th total of 211,700 shares. Based on an average daily volume of 40,200 shares, the short-interest ratio is currently 4.8 days. Currently, 1.3% of the company's stock are sold short. View Washington Trust Bancorp's Current Options Chain.

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

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's stock is owned by a number of of retail and institutional investors. Top institutional investors 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%), Renaissance Technologies LLC (2.82%) and State Street Corp (1.92%). 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, Driehaus Capital Management LLC, Barclays PLC, Ladenburg Thalmann Financial Services Inc., Credit Suisse AG, Bank of America Corp DE, Martingale Asset Management L P and New York State Common Retirement Fund. 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.

WASH stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Franklin Resources Inc., Champlain Investment Partners LLC, Principal Financial Group Inc., Hotchkis & Wiley Capital Management LLC, Foundry Partners LLC, Goldman Sachs Group Inc. and State Street Corp. 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 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 $48.36.

Washington Trust Bancorp has a market capitalization of $839.05 million and generates $264.74 million in revenue each year. The financial services provider earns $68.98 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]