WesBanco (WSBC) Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for WesBanco in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" WSBC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WSBC, but not buy additional shares or sell existing shares.
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6 analysts have issued 12 month target prices for WesBanco's stock. Their WSBC share price forecasts range from $28.00 to $37.00. On average, they expect the company's share price to reach $31.57 in the next year. This suggests a possible upside of 13.1% from the stock's current price.
View analysts price targets for WSBC or view top-rated stocks among Wall Street analysts.

WesBanco's stock was trading at $36.98 at the start of the year. Since then, WSBC shares have decreased by 24.5% and is now trading at $27.92.
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WesBanco saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,860,000 shares, an increase of 156.8% from the April 30th total of 724,400 shares. Based on an average trading volume of 297,000 shares, the days-to-cover ratio is currently 6.3 days. Approximately 3.2% of the company's stock are sold short.
View WesBanco's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our WSBC earnings forecast.

WesBanco, Inc. (NASDAQ:WSBC) released its quarterly earnings data on Monday, April, 24th. The financial services provider reported $0.71 EPS for the quarter, missing analysts' consensus estimates of $0.77 by $0.06. The financial services provider had revenue of $151.99 million for the quarter, compared to analyst estimates of $157.27 million. WesBanco had a trailing twelve-month return on equity of 8.40% and a net margin of 28.13%. WesBanco's revenue was up 10.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.70 earnings per share.

WesBanco announced a quarterly dividend on Wednesday, May 24th. Stockholders of record on Friday, June 9th will be paid a dividend of $0.35 per share on Saturday, July 1st. This represents a $1.40 annualized dividend and a dividend yield of 5.01%. The ex-dividend date is Thursday, June 8th.
Read our dividend analysis for WSBC.

ETFs with the largest weight of WesBanco (NASDAQ:WSBC) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Cambria Value and Momentum ETF (VAMO), First Trust NASDAQ ABA Community Bank Index Fund (QABA), ProShares Russell 2000 Dividend Growers ETF (SMDV), iShares US Small Cap Value Factor ETF (SVAL), First Trust Small Cap Value AlphaDEX Fund (FYT) and VictoryShares US Small Cap Volatility Wtd (CSA).

WesBanco (NASDAQ:WSBC) pays an annual dividend of $1.40 per share and currently has a dividend yield of 5.08%. WSBC 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 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 46.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WSBC will have a dividend payout ratio of 50.54% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WSBC.

28 employees have rated WesBanco Chief Executive Officer Paul M. Limbert on Glassdoor.com. Paul M. Limbert has an approval rating of 78% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other WesBanco investors own include AbbVie (ABBV), Cisco Systems (CSCO), Energy Transfer (ET), International Business Machines (IBM), KeyCorp (KEY), Verizon Communications (VZ), Wells Fargo & Company (WFC), Caterpillar (CAT), Walt Disney (DIS) and Gilead Sciences (GILD).

WesBanco trades on the NASDAQ under the ticker symbol "WSBC."

WesBanco's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.95%), Dimensional Fund Advisors LP (7.88%), Macquarie Group Ltd. (3.15%), Macquarie Group Ltd. (3.15%), Wesbanco Bank Inc. (2.95%) and State Street Corp (2.93%). Insiders that own company stock include Brent E Richmond, Denise H Knouse-Snyder, F Eric Nelson Jr, James W Cornelsen, Jayson M Zatta, Jeffrey H Jackson, Jonathan D Dargusch, Jonathan D Dargusch, Joseph R Robinson, Kerry M Stemler, Michael L Perkins, Reed J Tanner, Robert H Young, Robert J Fitzsimmons, Scott A Love, Stephen J Callen and Todd Clossin.
View institutional ownership trends.

Shares of WSBC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of WSBC stock can currently be purchased for approximately $27.92.

WesBanco (NASDAQ:WSBC) has a market capitalization of $1.65 billion and generates $631.05 million in revenue each year. The financial services provider earns $192.11 million in net income (profit) each year or $3.03 on an earnings per share basis.

The company employs 2,426 workers across the globe.

WesBanco's mailing address is 1 BANK PLAZA, WHEELING WV, 26003. The official website for the company is www.wesbanco.com. The financial services provider can be reached via phone at (304) 234-9000 or via fax at 304-234-9450.