WesBanco Stock Forecast, Price & News

WesBanco's stock was trading at $24.36 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WSBC shares have decreased by 15.8% and is now trading at $20.51.
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6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WesBanco in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for WesBanco.

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

WesBanco Inc (NASDAQ:WSBC) released its quarterly earnings data on Wednesday, July, 22nd. The financial services provider reported $0.07 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.35 by $0.28. The financial services provider earned $151.87 million during the quarter, compared to the consensus estimate of $146.49 million. WesBanco had a net margin of 15.84% and a return on equity of 4.73%.
View WesBanco's earnings history.

WesBanco announced a quarterly dividend on Tuesday, September 1st. Stockholders of record on Friday, September 11th will be paid a dividend of $0.32 per share on Thursday, October 1st. This represents a $1.28 dividend on an annualized basis and a yield of 6.24%. The ex-dividend date of this dividend is Thursday, September 10th.
View WesBanco's dividend history.

6 analysts have issued 1 year target prices for WesBanco's shares. Their forecasts range from $24.00 to $39.00. On average, they expect WesBanco's share price to reach $30.00 in the next twelve months. This suggests a possible upside of 46.3% from the stock's current price.
View analysts' price targets for WesBanco.

WesBanco saw a decline in short interest during the month of September. As of September 15th, there was short interest totaling 1,060,000 shares, a decline of 17.8% from the August 31st total of 1,290,000 shares. Based on an average daily volume of 304,400 shares, the short-interest ratio is currently 3.5 days.
View WesBanco's Short Interest.

Some companies that are related to WesBanco include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), Signature Bank (SBNY), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other WesBanco investors own include AbbVie (ABBV), Cisco Systems (CSCO), Energy Transfer LP Unit (ET), IBM (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 number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.00%), Macquarie Group Ltd. (5.03%), Wesbanco Bank Inc. (2.82%), Victory Capital Management Inc. (1.57%), Charles Schwab Investment Management Inc. (0.77%) and Bank of New York Mellon Corp (0.76%). 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.

WSBC stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., Victory Capital Management Inc., New York State Common Retirement Fund, Wesbanco Bank Inc., Federated Hermes Inc., Banc Funds Co. LLC, and Huntington National Bank. Company insiders that have sold WesBanco company stock in the last year include F Eric Nelson Jr, James W Cornelsen, Jonathan D Dargusch, and Michael J Crawford.
View insider buying and selling activity for WesBanco.

WSBC stock was purchased by a variety of institutional investors in the last quarter, including ProShare Advisors LLC, Macquarie Group Ltd., First Trust Advisors LP, EJF Capital LLC, Bank of America Corp DE, Assenagon Asset Management S.A., Stratos Wealth Advisors LLC, and Barclays PLC. 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.

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.

One share of WSBC stock can currently be purchased for approximately $20.51.

WesBanco has a market capitalization of $1.38 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.

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

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