NASDAQ:WNEB - Western New England Bancorp Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$11.05 +0.10 (+0.91 %)
(As of 07/20/2018 01:06 AM ET)
Previous Close$10.95
Today's Range$10.95 - $11.10
52-Week Range$9.30 - $11.25
Volume18,800 shs
Average Volume40,507 shs
Market Capitalization$330.86 million
P/E Ratio22.20
Dividend Yield1.45%
Beta0.34
Western New England Bancorp logoWestern New England Bancorp, Inc. operates as the holding company for Westfield Bank that provides community banking products and services to individuals and businesses. The company accepts various deposit accounts, including time deposits, money market accounts, savings accounts, demand accounts, and interest bearing checking accounts. It also offers commercial and industrial loans comprising business installment loans, vehicle and equipment financing, lines of credit, and other commercial loans; commercial real estate loans to finance the purchase of apartment buildings, business properties, and multi-family investment properties; construction loans to the developers of commercial and residential properties; residential real estate loans and originations; home equity loans; and consumer loans. In addition, the company provides complementary commercial products and services consisting of commercial deposit accounts, cash management services, Internet banking, sweep accounts, ATM network, and night deposit services; and invests in government-sponsored enterprise debt securities and municipal bonds. It operates a network of 21 banking offices located in Agawam, Chicopee, Feeding Hills, East Longmeadow, Holyoke, Ludlow, South Hadley, Southwick, Springfield, Ware, West Springfield, and Westfield, Massachusetts, Granby and Enfield, and Connecticut. The company was formerly known as Westfield Financial, Inc. and changed its name to Western New England Bancorp, Inc. in October 2016. Western New England Bancorp, Inc. was founded in 1853 and is headquartered in Westfield, Massachusetts.

Receive WNEB News and Ratings via Email

Sign-up to receive the latest news and ratings for WNEB and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Federal savings institutions
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:WNEB
CUSIPN/A
Phone413-568-1911

Debt

Debt-to-Equity Ratio0.88
Current Ratio1.04
Quick Ratio1.04

Price-To-Earnings

Trailing P/E Ratio22.20
Forward P/E Ratio19.73
P/E GrowthN/A

Sales & Book Value

Annual Sales$82.54 million
Price / Sales4.01
Cash Flow$0.6972 per share
Price / Cash15.85
Book Value$8.07 per share
Price / Book1.37

Profitability

EPS (Most Recent Fiscal Year)$0.50
Net Income$12.32 million
Net Margins12.93%
Return on Equity5.92%
Return on Assets0.71%

Miscellaneous

Employees317
Outstanding Shares29,940,000
Market Cap$330.86

Western New England Bancorp (NASDAQ:WNEB) Frequently Asked Questions

What is Western New England Bancorp's stock symbol?

Western New England Bancorp trades on the NASDAQ under the ticker symbol "WNEB."

How often does Western New England Bancorp pay dividends? What is the dividend yield for Western New England Bancorp?

Western New England Bancorp declared a quarterly dividend on Wednesday, April 25th. Shareholders of record on Wednesday, May 9th will be given a dividend of $0.04 per share on Wednesday, May 23rd. This represents a $0.16 annualized dividend and a yield of 1.45%. The ex-dividend date is Tuesday, May 8th. View Western New England Bancorp's Dividend History.

How were Western New England Bancorp's earnings last quarter?

Western New England Bancorp Inc (NASDAQ:WNEB) issued its quarterly earnings results on Tuesday, April, 24th. The financial services provider reported $0.12 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.13 by $0.02. The financial services provider earned $16.49 million during the quarter, compared to analyst estimates of $16.98 million. Western New England Bancorp had a net margin of 12.93% and a return on equity of 5.92%. View Western New England Bancorp's Earnings History.

When is Western New England Bancorp's next earnings date?

Western New England Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Western New England Bancorp.

What price target have analysts set for WNEB?

4 brokerages have issued 1-year target prices for Western New England Bancorp's shares. Their predictions range from $11.00 to $12.00. On average, they expect Western New England Bancorp's stock price to reach $11.6250 in the next twelve months. This suggests a possible upside of 5.2% from the stock's current price. View Analyst Ratings for Western New England Bancorp.

What is the consensus analysts' recommendation for Western New England Bancorp?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western New England Bancorp in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Western New England Bancorp's key competitors?

Who are Western New England Bancorp's key executives?

Western New England Bancorp's management team includes the folowing people:
  • Mr. James C. Hagan, Pres, CEO & Director (Age 57)
  • Mr. William J. Wagner, Vice Chairman & Chief Bus. Devel. Officer (Age 72)
  • Ms. Guida R. Sajdak, CFO, Exec. VP & Treasurer (Age 45)
  • Mr. Gerald P. Ciejka, SVP, Gen. Counsel, Director of HR & Sec. (Age 57)
  • Mr. Leo R. Sagan Jr., Sr. VP & Chief Risk Officer (Age 55)

Has Western New England Bancorp been receiving favorable news coverage?

News coverage about WNEB stock has been trending somewhat positive recently, Accern reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Western New England Bancorp earned a media sentiment score of 0.08 on Accern's scale. They also assigned news stories about the financial services provider an impact score of 45.48 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Who are Western New England Bancorp's major shareholders?

Western New England Bancorp's stock is owned by many different of retail and institutional investors. Top institutional investors include Deprince Race & Zollo Inc. (1.21%) and Dalton Greiner Hartman Maher & Co. (0.97%). Company insiders that own Western New England Bancorp stock include Allen J Miles III, Cidalia Inacio, Darlene M Libiszewski, Gerald P Ciejka, Gregg F Orlen, Guida R Sajdak, Paul C Picknelly, Philip R Smith, Steven G Richter, William D Masse and William J Wagner. View Institutional Ownership Trends for Western New England Bancorp.

Which institutional investors are selling Western New England Bancorp stock?

WNEB stock was sold by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc.. Company insiders that have sold Western New England Bancorp company stock in the last year include Allen J Miles III, Cidalia Inacio and Gerald P Ciejka. View Insider Buying and Selling for Western New England Bancorp.

Which institutional investors are buying Western New England Bancorp stock?

WNEB stock was purchased by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co.. Company insiders that have bought Western New England Bancorp stock in the last two years include Allen J Miles III, Philip R Smith and Steven G Richter. View Insider Buying and Selling for Western New England Bancorp.

How do I buy shares of Western New England Bancorp?

Shares of WNEB 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, Scottrade, Fidelity and Charles Schwab.

What is Western New England Bancorp's stock price today?

One share of WNEB stock can currently be purchased for approximately $11.05.

How big of a company is Western New England Bancorp?

Western New England Bancorp has a market capitalization of $330.86 million and generates $82.54 million in revenue each year. The financial services provider earns $12.32 million in net income (profit) each year or $0.50 on an earnings per share basis. Western New England Bancorp employs 317 workers across the globe.

How can I contact Western New England Bancorp?

Western New England Bancorp's mailing address is 141 ELM STREET, WESTFIELD MA, 01086. The financial services provider can be reached via phone at 413-568-1911.


MarketBeat Community Rating for Western New England Bancorp (NASDAQ WNEB)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  107 (Vote Outperform)
Underperform Votes:  138 (Vote Underperform)
Total Votes:  245
MarketBeat's community ratings are surveys of what our community members think about Western New England Bancorp and other stocks. Vote "Outperform" if you believe WNEB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WNEB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/20/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.