Western New England Bancorp (WNEB) News Today

Western New England Bancorp, Inc. (NASDAQ:WNEB - Free Report) - Research analysts at Seaport Res Ptn dropped their Q3 2024 EPS estimates for shares of Western New England Bancorp in a research report issued on Wednesday, July 24th. Seaport Res Ptn analyst L. Hunsicker now expects that the financi

Seaport Res Ptn downgraded shares of Western New England Bancorp from a "strong-buy" rating to a "hold" rating in a report on Wednesday.

Western New England Bancorp, Inc. (NASDAQ:WNEB) announced a quarterly dividend on Tuesday, July 23rd. Shareholders of record on Wednesday, August 7th will be paid a dividend of 0.07 per share by the financial services provider on Wednesday, August 21st. This represents a $0.28 dividend on an annualized basis and a yield of 3.30%. The ex-dividend date of this dividend is Wednesday, August 7th.

Janney Montgomery Scott lowered Western New England Bancorp from a "buy" rating to a "neutral" rating in a report on Thursday.

Western New England Bancorp (NASDAQ:WNEB - Get Free Report) announced its quarterly earnings data on Tuesday. The financial services provider reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.11 by $0.06. Western New England Bancorp had a return on equity of 5.43% and a net margin of 11.10%. The firm had revenue of $30.64 million during the quarter, compared to analyst estimates of $18.22 million.

Piper Sandler increased their target price on shares of Western New England Bancorp from $7.00 to $8.50 and gave the company a "neutral" rating in a research report on Wednesday.

Shares of Western New England Bancorp, Inc. (NASDAQ:WNEB - Get Free Report) have earned a consensus rating of "Hold" from the three brokerages that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and one has issued a

Western New England Bancorp, Inc. (NASDAQ:WNEB - Get Free Report) was the recipient of a large decline in short interest in May. As of May 31st, there was short interest totalling 59,500 shares, a decline of 35.5% from the May 15th total of 92,200 shares. Approximately 0.3% of the company's stock are short sold. Based on an average daily trading volume, of 44,900 shares, the days-to-cover ratio is currently 1.3 days.

Western New England Bancorp, Inc. (NASDAQ:WNEB - Get Free Report) has been given a consensus recommendation of "Hold" by the three research firms that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and one has issued a buy rating on the

Western New England Bancorp, Inc. (NASDAQ:WNEB - Get Free Report) CFO Guida R. Sajdak acquired 1,495 shares of the business's stock in a transaction on Friday, May 31st. The shares were purchased at an average cost of $6.72 per share, for a total transaction of $10,046.40. Following the completion of the transaction, the chief financial officer now owns 15,456 shares in the company, valued at approximately $103,864.32. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Western New England Bancorp, Inc. (NASDAQ:WNEB - Get Free Report) CFO Guida R. Sajdak acquired 1,481 shares of the stock in a transaction on Tuesday, May 28th. The shares were acquired at an average price of $6.88 per share, with a total value of $10,189.28. Following the transaction, the chief financial officer now directly owns 13,961 shares of the company's stock, valued at $96,051.68. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Western New England Bancorp, Inc. (NASDAQ:WNEB - Get Free Report) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totalling 92,200 shares, a drop of 59.4% from the April 30th total of 227,000 shares. Based on an average daily volume of 45,600 shares, the days-to-cover ratio is currently 2.0 days. Approximately 0.5% of the company's stock are short sold.

Western New England Bancorp, Inc. (NASDAQ:WNEB - Get Free Report) has been assigned an average rating of "Hold" from the three brokerages that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and one has assigned a buy r

Western New England Bancorp, Inc. (NASDAQ:WNEB - Get Free Report) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totalling 227,000 shares, a growth of 152.8% from the April 15th total of 89,800 shares. Currently, 1.2% of the company's stock are sold short. Based on an average daily volume of 46,300 shares, the days-to-cover ratio is currently 4.9 days.

Western New England Bancorp, Inc. (NASDAQ:WNEB - Get Free Report) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 89,800 shares, an increase of 49.2% from the March 31st total of 60,200 shares. Approximately 0.5% of the company's shares are sold short. Based on an average daily volume of 41,700 shares, the short-interest ratio is presently 2.2 days.

Western New England Bancorp, Inc. (NASDAQ:WNEB - Free Report) - Analysts at Seaport Res Ptn lowered their Q2 2024 EPS estimates for Western New England Bancorp in a note issued to investors on Thursday, April 25th. Seaport Res Ptn analyst L. Hunsicker now anticipates that the financial services p

Western New England Bancorp, Inc. (NASDAQ:WNEB) announced a quarterly dividend on Tuesday, April 23rd. Shareholders of record on Wednesday, May 8th will be given a dividend of 0.07 per share by the financial services provider on Wednesday, May 22nd. This represents a $0.28 annualized dividend and a yield of 4.29%. The ex-dividend date of this dividend is Tuesday, May 7th.

Shares of Western New England Bancorp, Inc. (NASDAQ:WNEB - Get Free Report) have received a consensus recommendation of "Hold" from the three analysts that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and one ha

Piper Sandler reissued a "neutral" rating and issued a $7.50 target price (down previously from $9.00) on shares of Western New England Bancorp in a research note on Wednesday.

Western New England Bancorp (NASDAQ:WNEB) will be releasing earnings on Tuesday, April 23, Yahoo Finance reports.

Western New England Bancorp, Inc. (NASDAQ:WNEB - Free Report) - Stock analysts at Seaport Res Ptn lifted their Q3 2024 earnings per share estimates for shares of Western New England Bancorp in a research report issued on Wednesday, January 24th. Seaport Res Ptn analyst L. Hunsicker now forecasts

Western New England Bancorp, Inc. (NASDAQ:WNEB) declared a quarterly dividend on Tuesday, January 23rd. Investors of record on Wednesday, February 7th will be paid a dividend of 0.07 per share by the financial services provider on Wednesday, February 21st. This represents a $0.28 annualized dividend and a dividend yield of 3.20%. The ex-dividend date of this dividend is Tuesday, February 6th.