NASDAQ:WSBC

WesBanco Stock Forecast, Price & News

$29.75

-0.37 (-1.23 %)

(As of 11/27/2020 12:00 AM ET)

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Today's Range

$29.19

Now: $29.75▼

$30.12

50-Day Range

$22.96

MA: $25.66▼

$30.76

52-Week Range

$17.46

Now: $29.75▼

$38.39

Volume99,777 shs

Average Volume266,870 shs

Market Capitalization$2.00 billion

P/E Ratio17.50

Dividend Yield4.25%

Beta1.04

WesBanco, Inc. operates as the bank holding company for WesBanco Bank, Inc. that provides retail banking, corporate banking, personal and corporate trust, brokerage, and mortgage banking and insurance services. It operates in two segments, Community Banking, and Trust and Investment Services. The company offers commercial demand, individual demand, and time deposit accounts; money market accounts; interest bearing and non-interest bearing demand deposits, as well as savings deposits; and certificates of deposit. It also provides commercial real estate loans; commercial and industrial loans; residential real estate loans, including loans to purchase, construct, or refinance borrower's home; home equity lines of credit; installment loans to finance the purchase of automobiles, trucks, motorcycles, boats, and other recreational vehicles, as well as home equity installment loans, unsecured home improvement loans, and revolving lines of credit; and commercial, mortgage, and individual installment loans. In addition, the company offers trust and investment services, as well as various investment products comprising mutual funds and annuities; and securities brokerage services. Further, WesBanco, Inc., through its non-banking subsidiaries, acts as an agency that specializes in property, casualty, life, and title insurance, as well as benefit plan sales and administration to personal and commercial clients; provides broker dealer and discount brokerage services; holds investment securities and loans; and holds and leases commercial real estate properties, as well as acts as an investment adviser to a family of mutual funds. As of December 31, 2019, it operated 236 branches and 227 ATMs in West Virginia, Ohio, western Pennsylvania, Kentucky, southern Indiana, and Maryland, as well as six loan production offices in West Virginia, Ohio, western Pennsylvania, and Maryland. WesBanco, Inc. was founded in 1870 and is headquartered in Wheeling, West Virginia.

Beat the Market (BTM) Rank^™

2.1 Analyst's Opinion

Consensus Rating
WesBanco has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.
Amount of Analyst Coverage
WesBanco has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.9 Community Rank

Outperform Votes
WesBanco has received 255 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
WesBanco has received 419 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
WesBanco has received 62.17% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about WesBanco and other stocks. Vote “Outperform” if you believe WSBC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WSBC will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
WesBanco is a leading dividend payer. It pays a dividend yield of 4.25%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
WesBanco has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of WesBanco is 41.83%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, WesBanco will have a dividend payout ratio of 71.51% next year. This indicates that WesBanco will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, WesBanco insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $605,760.00 in company stock.
Percentage Held by Insiders
Only 3.05% of the stock of WesBanco is held by insiders.
Percentage Held by Institutions
57.15% of the stock of WesBanco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for WesBanco are expected to grow by 11.18% in the coming year, from $1.61 to $1.79 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of WesBanco is 17.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.03.
Price to Earnings Ratio vs. Sector
The P/E ratio of WesBanco is 17.50, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.71.
Price to Book Value per Share Ratio
WesBanco has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.27 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry National commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:WSBC

Previous Symbol

CUSIP95081010

CIK203596

Webwww.wesbanco.com

Phone304-234-9000

Employees2,618

Debt

Debt-to-Equity Ratio0.51

Current Ratio0.95

Quick Ratio0.94

Price-To-Earnings

Trailing P/E Ratio17.50

Forward P/E Ratio18.48

P/E GrowthN/A

Sales & Book Value

Annual Sales$600.97 million

Price / Sales3.33

Cash Flow$4.29 per share

Price / Cash Flow6.94

Book Value$47.43 per share

Price / Book0.63

Profitability

EPS (Most Recent Fiscal Year)$3.06

Net Income$158.87 million

Net Margins15.84%

Return on Equity4.73%

Return on Assets0.76%

Miscellaneous

Outstanding Shares67,219,000

Market Cap$2.00 billion

Next Earnings Date1/25/2021 (Estimated)

OptionableOptionable

$29.75

-0.37 (-1.23 %)

(As of 11/27/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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WesBanco (NASDAQ:WSBC) Frequently Asked Questions

How has WesBanco's stock price been impacted by COVID-19 (Coronavirus)?

WesBanco's stock was trading at $24.36 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WSBC shares have increased by 22.1% and is now trading at $29.75.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of WesBanco?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WesBanco in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for WesBanco or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than WesBanco?

Wall Street analysts have given WesBanco a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but WesBanco wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is WesBanco's next earnings date?

WesBanco is scheduled to release its next quarterly earnings announcement on Monday, January 25th 2021.
View our earnings forecast for WesBanco.

How were WesBanco's earnings last quarter?

WesBanco, Inc. (NASDAQ:WSBC) announced its earnings results on Wednesday, October, 21st. The financial services provider reported $0.66 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.09. The financial services provider earned $155.21 million during the quarter, compared to the consensus estimate of $151.76 million. WesBanco had a net margin of 15.84% and a return on equity of 4.73%.
View WesBanco's earnings history.

How often does WesBanco pay dividends? What is the dividend yield for WesBanco?

WesBanco announced a quarterly dividend on Wednesday, November 18th. Stockholders of record on Friday, December 11th will be given a dividend of $0.32 per share on Saturday, January 2nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.30%. The ex-dividend date is Thursday, December 10th.
View WesBanco's dividend history.

What price target have analysts set for WSBC?

7 brokers have issued 12-month price targets for WesBanco's stock. Their forecasts range from $22.00 to $37.00. On average, they anticipate WesBanco's share price to reach $29.75 in the next twelve months.
View analysts' price targets for WesBanco.

Who are some of WesBanco's key competitors?

Some companies that are related to WesBanco include Truist Financial (TFC), The PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), KeyCorp (KEY), M&T Bank (MTB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), First Horizon National (FHN), Zions Bancorporation, National Association (ZION), East West Bancorp (EWBC), Signature Bank (SBNY) and Prosperity Bancshares (PB).
View all competitors.

What other stocks do shareholders of WesBanco own?

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), The Walt Disney (DIS) and Gilead Sciences (GILD).

Who are WesBanco's key executives?

WesBanco's management team includes the following people:

Mr. Todd F. Clossin, Pres, CEO & Director (Age 58)
Mr. Robert H. Young, Sr. EVP, CFO & Group Head of Fin. (Age 63, Pay $554.37k)
Mr. Anthony F. Pietranton, Sr. Exec. VP and Group Head of HR & Facilities (Age 60, Pay $422.95k)
Mr. Jonathan Douglas Dargusch, Exec. VP of Wealth Management (Age 62, Pay $453.7k)
Mr. Jayson M. Zatta, Sr. EVP and Group Head of Banking & Trust (Age 60, Pay $632.34k)
Ms. Jan Pattishall-Krupinski, Exec. VP & Director of Operations
Mr. Michael L. Perkins, Sr. Exec. VP and Group Head of Risk & Admin. (Age 54)
Mr. John H. Iannone, Sr. VP of Investor & PR
Ms. Jennifer S. Roth, Chief Compliance Officer (Age 44)
Mr. Stephen J. Lawrence, Exec. VP & Chief Internal Auditor (Age 61)

What is WesBanco's stock symbol?

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

Who are WesBanco's major shareholders?

WesBanco's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.48%), Wesbanco Bank Inc. (2.85%), State Street Corp (2.14%), Victory Capital Management Inc. (1.52%), Earnest Partners LLC (1.08%) and Charles Schwab Investment Management Inc. (0.79%). Company insiders that own WesBanco stock include Brent E Richmond, Denise H Knouse-Snyder, F Eric Nelson Jr, James W Cornelsen, Jonathan D Dargusch, Kerry M Stemler, Michael J Crawford, Michael L Perkins, Reed J Tanner, Robert H Young, Ronald W Owen, Stephen J Callen and Todd Clossin.
View institutional ownership trends for WesBanco.

Which institutional investors are selling WesBanco stock?

WSBC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, First Trust Advisors LP, JPMorgan Chase & Co., Victory Capital Management Inc., New York State Common Retirement Fund, Cetera Advisor Networks LLC, and Paloma Partners Management Co. Company insiders that have sold WesBanco company stock in the last year include F Eric Nelson Jr, and James W Cornelsen.
View insider buying and selling activity for WesBanco.

Which institutional investors are buying WesBanco stock?

WSBC stock was purchased by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Earnest Partners LLC, Segall Bryant & Hamill LLC, Peregrine Capital Management LLC, ExodusPoint Capital Management LP, Wells Fargo & Company MN, Arrowstreet Capital Limited Partnership, and Aperio Group LLC. Company insiders that have bought WesBanco stock in the last two years include Denise H Knouse-Snyder, Kerry M Stemler, Michael L Perkins, Reed J Tanner, Robert H Young, Ronald W Owen, Stephen J Callen, and Todd Clossin.
View insider buying and selling activity for WesBanco.

How do I buy shares of WesBanco?

Shares of WSBC 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.

What is WesBanco's stock price today?

One share of WSBC stock can currently be purchased for approximately $29.75.

How big of a company is WesBanco?

WesBanco has a market capitalization of $2.00 billion and generates $600.97 million in revenue each year. The financial services provider earns $158.87 million in net income (profit) each year or $3.06 on an earnings per share basis. WesBanco employs 2,618 workers across the globe.

What is WesBanco's official website?

The official website for WesBanco is www.wesbanco.com.

How can I contact WesBanco?

WesBanco's mailing address is 1 BANK PLAZA, WHEELING WV, 26003. The financial services provider can be reached via phone at 304-234-9000.

This page was last updated on 11/29/2020 by MarketBeat.com Staff

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