Western New England Bancorp (WNEB) Stock Price, News & Analysis

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Western New England Bancorp in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" WNEB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WNEB, but not buy additional shares or sell existing shares.
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3 brokerages have issued twelve-month target prices for Western New England Bancorp's shares. Their WNEB share price targets range from $7.50 to $7.50. On average, they predict the company's share price to reach $7.50 in the next year. This suggests a possible upside of 14.9% from the stock's current price.
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Western New England Bancorp's stock was trading at $9.00 at the beginning of 2024. Since then, WNEB shares have decreased by 27.4% and is now trading at $6.53.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
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Western New England Bancorp, Inc. (NASDAQ:WNEB) posted its quarterly earnings data on Tuesday, January, 23rd. The financial services provider reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by $0.02. The financial services provider earned $18.89 million during the quarter, compared to the consensus estimate of $18.67 million. Western New England Bancorp had a net margin of 13.45% and a trailing twelve-month return on equity of 6.44%.

Western New England Bancorp announced a quarterly dividend on Tuesday, January 23rd. Investors of record on Wednesday, February 7th will be paid a dividend of $0.07 per share on Wednesday, February 21st. This represents a $0.28 dividend on an annualized basis and a yield of 4.29%. The ex-dividend date is Tuesday, February 6th.
Read our dividend analysis for WNEB.

Western New England Bancorp (NASDAQ:WNEB) pays an annual dividend of $0.28 per share and currently has a dividend yield of 4.34%. WNEB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 40.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WNEB will have a dividend payout ratio of 38.89% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WNEB.

Based on aggregate information from My MarketBeat watchlists, some companies that other Western New England Bancorp investors own include EnLink Midstream (ENLC), WestRock (WRK), The Hartford Financial Services Group (HIG), Capital Bancorp (CBNK), Novus Therapeutics (NVUS), General Electric (GE), New York Community Bancorp (NYCB), Pfizer (PFE) and Regions Financial (RF).

Western New England Bancorp's stock is owned by many different institutional and retail investors. Top institutional investors include Hennessy Advisors Inc. (1.83%) and ST Germain D J Co. Inc. (0.10%). Insiders that own company stock include Allen J Miles III, Darlene M Libiszewski, Filipe B Goncalves, Guida R Sajdak, James C Hagan, John E Bonini, Kevin C O'connor, Laura Benoit, Louis O Gorman III, Philip R Smith, Steven G Richter and William J Wagner.
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Shares of WNEB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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