NASDAQ:WSBCWesBanco Stock Price, Forecast & News

$21.42

-0.58 (-2.64 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$21.01

Now: $21.42▼

$21.64

50-Day Range

$18.40

MA: $22.34▼

$26.07

52-Week Range

$17.46

Now: $21.42▼

$39.33

Volume249,816 shs

Average Volume244,893 shs

Market Capitalization$1.44 billion

P/E Ratio8.74

Dividend Yield5.82%

Beta1.06

WesBanco, Inc. operates as the holding company for WesBanco Bank, Inc. that provides retail banking, corporate banking, personal and corporate trust, brokerage, and mortgage banking and insurance services in the United States. 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 purchases 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, 2018, the company operated through 209 branches and 202 ATMs in West Virginia, Ohio, western Pennsylvania, Kentucky, and southern Indiana, as well as 4 loan production offices in West Virginia, Ohio, and western Pennsylvania. WesBanco, Inc. was founded in 1870 and is headquartered in Wheeling, West Virginia.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
WesBanco has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $35.75, WesBanco has a potential upside of 66.9% from its current price of $21.42.
Amount of Analyst Coverage
WesBanco has only been the subject of 1 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
WesBanco has received 243 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
WesBanco has received 405 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
WesBanco has received 62.50% “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.

4.2 Dividend Strength

Dividend Leadership
WesBanco is a leading dividend payer. It pays a dividend yield of 5.82%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
WesBanco has been increasing its dividend for 9 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 66.32 % next year. This indicates that WesBanco will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, WesBanco insiders have sold 258.26% more of their company's stock than they have bought. Specifically, they have bought $121,357.00 in company stock and sold $434,773.00 in company stock.
Percentage Held by Insiders
Only 3.05% of the stock of WesBanco is held by insiders.
Percentage Held by Institutions
58.08% of the stock of WesBanco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for WesBanco are expected to grow by 16.27% in the coming year, from $1.66 to $1.93 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of WesBanco is 8.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.98.
Price to Earnings Ratio vs. Sector
The P/E ratio of WesBanco is 8.74, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.61.
Price to Book Value per Share Ratio
WesBanco has a P/B Ratio of 0.56. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.56 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

Debt

Debt-to-Equity Ratio0.69

Current Ratio0.96

Quick Ratio0.96

Price-To-Earnings

Trailing P/E Ratio8.74

Forward P/E Ratio12.90

P/E GrowthN/A

Sales & Book Value

Annual Sales$600.97 million

Price / Sales2.39

Cash Flow$3.28 per share

Price / Cash Flow6.53

Book Value$38.56 per share

Price / Book0.56

Profitability

EPS (Most Recent Fiscal Year)$3.06

Net Income$158.87 million

Net Margins22.72%

Return on Equity6.69%

Return on Assets1.10%

Miscellaneous

Employees2,705

Outstanding Shares67,060,000

Market Cap$1.44 billion

Next Earnings Date7/28/2020 (Estimated)

OptionableOptionable

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WesBanco (NASDAQ:WSBC) Frequently Asked Questions

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

WesBanco's stock was trading at $24.36 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, WSBC stock has decreased by 12.1% and is now trading at $21.42. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of WesBanco?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WesBanco in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for WesBanco.

When is WesBanco's next earnings date?

WesBanco is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for WesBanco.

How were WesBanco's earnings last quarter?

WesBanco Inc (NASDAQ:WSBC) posted its earnings results on Monday, April, 27th. The financial services provider reported $0.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.58 by $0.17. The financial services provider had revenue of $148.17 million for the quarter, compared to analyst estimates of $147.19 million. WesBanco had a net margin of 22.72% and a return on equity of 6.69%. During the same period last year, the firm posted $0.78 EPS. 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, May 20th. Investors of record on Friday, June 12th will be paid a dividend of $0.32 per share on Wednesday, July 1st. This represents a $1.28 annualized dividend and a yield of 5.98%. The ex-dividend date of this dividend is Thursday, June 11th. View WesBanco's dividend history.

What price target have analysts set for WSBC?

6 brokerages have issued twelve-month price targets for WesBanco's stock. Their forecasts range from $25.00 to $42.00. On average, they expect WesBanco's stock price to reach $35.75 in the next twelve months. This suggests a possible upside of 66.9% from the stock's current price. View analysts' price targets for WesBanco.

Has WesBanco been receiving favorable news coverage?

News coverage about WSBC stock has trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. WesBanco earned a coverage optimism score of -4.0 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View the latest news aboutWesBanco.

Who are some of WesBanco's key competitors?

Some companies that are related to WesBanco include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), Zions Bancorporation NA (ZION) and East West Bancorp (EWBC). 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 Energy Transfer LP Unit (ET), KeyCorp (KEY), Wells Fargo & Co (Wfc), AbbVie (ABBV), Caterpillar (CAT), Cisco Systems (CSCO), Walt Disney (DIS), General Electric (GE), Home Depot (HD) and Intel (INTC).

Who are WesBanco's key executives?

WesBanco's management team includes the following people:

Mr. James C. Gardill, Chairman & Gen. Counsel (Age 72)
Mr. Todd F. Clossin, Pres, CEO & Director (Age 57)
Mr. Robert H. Young, Exec. VP & CFO (Age 62)
Mr. Anthony F. Pietranton, Exec. VP of HR (Age 59)
Mr. Jonathan Douglas Dargusch, Exec. VP of Wealth Management (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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (7.56%), Wesbanco Bank Inc. (2.96%), State Street Corp (2.11%), Victory Capital Management Inc. (1.91%), Victory Capital Management Inc. (1.91%) and Geode Capital Management LLC (1.52%). Company insiders that own WesBanco stock include Anthony F Pietranton, Brent E Richmond, Charlotte A Zuschlag, Denise H Knouse-Snyder, F Eric Nelson Jr, James W Cornelsen, Jonathan D Dargusch, Kerry M Stemler, Michael J Crawford, Michael L Perkins, Robert H Young, Ronald W Owen, Stephen J Callen, Stephen J Lawrence 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 Two Sigma Investments LP, Morgan Stanley, UBS Group AG, Banc Funds Co. LLC, Russell Investments Group Ltd., Wesbanco Bank Inc., Citigroup Inc., and Bank of New York Mellon Corp. Company insiders that have sold WesBanco company stock in the last year include Brent E Richmond, F Eric Nelson Jr, James W Cornelsen, Jonathan D Dargusch, and Michael J Crawford. View insider buying and selling activity for WesBanco.

Which institutional investors are buying WesBanco stock?

WSBC stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, Geode Capital Management LLC, Zurich Insurance Group Ltd FI, Parametric Portfolio Associates LLC, Nuveen Asset Management LLC, Foundry Partners LLC, and Federated Hermes Inc.. Company insiders that have bought WesBanco stock in the last two years include Denise H Knouse-Snyder, Kerry M Stemler, 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 $21.42.

How big of a company is WesBanco?

WesBanco has a market capitalization of $1.44 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 2,705 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 5/30/2020 by MarketBeat.com Staff