WesBanco (WSBC) Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for WesBanco in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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.
View WSBC analyst ratings or view top-rated stocks.

5 brokerages have issued 1-year price objectives for WesBanco's stock. Their WSBC share price forecasts range from $28.00 to $35.00. On average, they predict the company's share price to reach $31.20 in the next year. This suggests a possible upside of 32.8% 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 on January 1st, 2023. Since then, WSBC stock has decreased by 36.5% and is now trading at $23.50.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our WSBC earnings forecast.

WesBanco, Inc. (NASDAQ:WSBC) issued its quarterly earnings results on Tuesday, July, 25th. The financial services provider reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.03. The financial services provider had revenue of $153.41 million for the quarter, compared to the consensus estimate of $151.14 million. WesBanco had a trailing twelve-month return on equity of 8.49% and a net margin of 26.04%. The firm's revenue for the quarter was up 10.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.67 EPS.

WesBanco announced a quarterly dividend on Thursday, August 24th. Investors of record on Friday, September 8th will be given a dividend of $0.35 per share on Monday, October 2nd. This represents a $1.40 annualized dividend and a dividend yield of 5.96%. The ex-dividend date is Thursday, September 7th.
Read our dividend analysis for WSBC.

ETFs with the largest weight of WesBanco (NASDAQ:WSBC) stock in their portfolio include VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), First Trust NASDAQ ABA Community Bank Index Fund (QABA) and WBI Power Factor High Dividend ETF (WBIY).Timothy Plan US Small Cap Core ETF (TPSC).

WesBanco (NASDAQ:WSBC) pays an annual dividend of $1.40 per share and currently has a dividend yield of 5.96%. 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 45.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WSBC will have a dividend payout ratio of 56.45% 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (8.56%), Dimensional Fund Advisors LP (7.37%), State Street Corp (3.00%), Wesbanco Bank Inc. (2.94%), Earnest Partners LLC (2.27%) and Geode Capital Management LLC (2.04%). Insiders that own company stock include Brent E Richmond, Denise H Knouse-Snyder, F Eric Nelson Jr, Gregory S Proctor 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, Robert J Fitzsimmons, Scott A Love, Stephen J Callen and Todd Clossin.
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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 $23.50.

WesBanco (NASDAQ:WSBC) has a market capitalization of $1.39 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 $3.07 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.