NASDAQ:WSBFWaterstone Financial Stock Price, Forecast & News

$15.80

+0.50 (+3.27 %)

(As of 05/27/2020 04:00 PM ET)

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Today's Range

$15.10

Now: $15.80▼

$16.04

50-Day Range

$12.37

MA: $13.70▼

$14.96

52-Week Range

$12.10

Now: $15.80▼

$19.48

Volume107,990 shs

Average Volume133,032 shs

Market Capitalization$409.46 million

P/E Ratio11.29

Dividend Yield3.14%

Beta0.23

Waterstone Financial, Inc. operates as a bank holding company for WaterStone Bank SSB that provides various financial services to customers in southeastern Wisconsin, the United States. It operates through two segments, Community Banking and Mortgage Banking. The Community Banking segment offers consumer and business banking products and services, such as deposit and transactional solutions, including checking accounts, online banking and bill pay services, and money transfer services, as well as credit, debit, and pre-paid cards; investable funds solutions comprising savings, money market deposit, and individual retirement accounts, as well as certificates of deposit; lending solutions consisting of residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit; and fixed and variable annuities, and insurance products, as well as trust and investment management accounts. The Mortgage Banking segment provides residential mortgage loans for the purpose of sale in the secondary market. The company also provides transaction deposit, demand deposit, and non-interest bearing demand accounts, as well as time deposits; construction and land loans; and term loans for working capital, inventory, and general corporate use. In addition, it invests in a portfolio of securities, which include mortgage-backed securities, government-sponsored enterprise bonds, municipal obligations, and other debt securities. Waterstone Financial, Inc. operates 11 full-service banking offices, 1 drive-through office, and 11 automated teller machines located in Milwaukee, Washington, and Waukesha Counties, Wisconsin, as well as a loan production office in Minneapolis, Minnesota. The company was formerly known as Wauwatosa Holdings, Inc. and changed its name to Waterstone Financial, Inc. in August 2008. Waterstone Financial, Inc. was founded in 1921 and is based in Wauwatosa, Wisconsin.

Beat the Market (BTM) Rank^™

2.5 Analyst's Opinion

Consensus Rating
Waterstone Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $19.50, Waterstone Financial has a potential upside of 23.4% from its current price of $15.80.
Amount of Analyst Coverage
Waterstone Financial has received no research coverage in the past 90 days.

2.1 Community Rank

Outperform Votes
Waterstone Financial has received 132 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Waterstone Financial has received 182 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Waterstone Financial has received 57.96% “underperform” votes from our community.

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

3.3 Dividend Strength

Dividend Leadership
Waterstone Financial is a leading dividend payer. It pays a dividend yield of 3.14%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Waterstone Financial does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Waterstone Financial is 35.04 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Waterstone Financial will have a dividend payout ratio of 44.86 % next year. This indicates that Waterstone Financial will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Waterstone Financial insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 12.10% of the stock of Waterstone Financial is held by insiders.
Percentage Held by Institutions
61.42% of the stock of Waterstone Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Waterstone Financial are expected to decrease by -2.73% in the coming year, from $1.10 to $1.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Waterstone Financial is 11.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.70.
Price to Earnings Ratio vs. Sector
The P/E ratio of Waterstone Financial is 11.29, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.50.
Price to Book Value per Share Ratio
Waterstone Financial has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.04 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Federal savings institutions

Sub-IndustryThrifts & Mortgage Finance

SectorFinance

Current SymbolNASDAQ:WSBF

Previous Symbol

CUSIP94188810

CIK1569994

Webwww.wsbonline.com

Phone414-761-1000

Debt

Debt-to-Equity Ratio1.40

Current Ratio1.58

Quick Ratio1.34

Price-To-Earnings

Trailing P/E Ratio11.29

Forward P/E Ratio14.36

P/E GrowthN/A

Sales & Book Value

Annual Sales$210.49 million

Price / Sales1.95

Cash Flow$1.64 per share

Price / Cash Flow9.62

Book Value$14.35 per share

Price / Book1.10

Profitability

EPS (Most Recent Fiscal Year)$1.37

Net Income$35.90 million

Net Margins16.62%

Return on Equity9.41%

Return on Assets1.80%

Miscellaneous

Employees888

Outstanding Shares25,915,000

Market Cap$409.46 million

Next Earnings Date7/22/2020 (Estimated)

OptionableOptionable

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Waterstone Financial (NASDAQ:WSBF) Frequently Asked Questions

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

Waterstone Financial's stock was trading at $16.12 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, WSBF stock has decreased by 2.0% and is now trading at $15.80. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Waterstone Financial?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waterstone Financial in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Waterstone Financial.

When is Waterstone Financial's next earnings date?

Waterstone Financial is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Waterstone Financial.

How were Waterstone Financial's earnings last quarter?

Waterstone Financial, Inc. (NASDAQ:WSBF) issued its quarterly earnings data on Tuesday, April, 28th. The savings and loans company reported $0.27 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.31 by $0.04. The savings and loans company had revenue of $43.99 million for the quarter, compared to analyst estimates of $44.50 million. Waterstone Financial had a return on equity of 9.41% and a net margin of 16.62%. View Waterstone Financial's earnings history.

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

Waterstone Financial declared a quarterly dividend on Tuesday, March 24th. Stockholders of record on Friday, April 10th will be paid a dividend of $0.12 per share on Friday, May 1st. This represents a $0.48 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date is Wednesday, April 8th. View Waterstone Financial's dividend history.

What price target have analysts set for WSBF?

1 equities research analysts have issued 1-year target prices for Waterstone Financial's shares. Their forecasts range from $19.50 to $19.50. On average, they expect Waterstone Financial's stock price to reach $19.50 in the next twelve months. This suggests a possible upside of 23.4% from the stock's current price. View analysts' price targets for Waterstone Financial.

Has Waterstone Financial been receiving favorable news coverage?

News coverage about WSBF stock has trended somewhat positive on Wednesday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Waterstone Financial earned a daily sentiment score of 1.8 on InfoTrie's scale. They also gave news headlines about the savings and loans company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news aboutWaterstone Financial.

Are investors shorting Waterstone Financial?

Waterstone Financial saw a increase in short interest in April. As of April 30th, there was short interest totaling 325,400 shares, an increase of 5.1% from the April 15th total of 309,500 shares. Based on an average daily trading volume, of 154,700 shares, the short-interest ratio is presently 2.1 days. Approximately 1.4% of the shares of the company are sold short. View Waterstone Financial's Current Options Chain.

Who are some of Waterstone Financial's key competitors?

Some companies that are related to Waterstone Financial include New York Community Bancorp (NYCB), People's United Financial (PBCT), TFS Financial (TFSL), Lendingtree (TREE), Radian Group (RDN), MGIC Investment (MTG), Washington Federal (WAFD), Simply Good Foods (SMPL), Capitol Federal Financial (CFFN), EverBank Financial (EVER), WSFS Financial (WSFS), Northwest Bancshares (NWBI), Walker & Dunlop (WD), OceanFirst Financial (OCFC) and Oritani Financial (ORIT). View all competitors.

What other stocks do shareholders of Waterstone Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Waterstone Financial investors own include Ring Energy (REI), Ring Energy (REI), People's United Financial (PBCT), Valley National Bancorp (VLY), Huntington Bancshares (HBAN), KeyCorp (KEY), Kohl's (KSS), New York Community Bancorp (NYCB), AT&T (T) and Walgreens Boots Alliance (WBA).

Who are Waterstone Financial's key executives?

Waterstone Financial's management team includes the following people:

Mr. Douglas S. Gordon, Pres, CEO & Director (Age 61)
Mr. Mark Raymond Gerke, Sr. VP, CFO & Chief Accounting Officer (Age 44)
Mr. William F. Bruss, Exec. VP, COO, Gen. Counsel & Sec. (Age 49)
Ms. Julie A. Glynn, Sr. VP & Director of Retail Banking of WaterStone Bank (Age 54)
Mr. Kyle J. Mertz, Controller

What is Waterstone Financial's stock symbol?

Waterstone Financial trades on the NASDAQ under the ticker symbol "WSBF."

Who are Waterstone Financial's major shareholders?

Waterstone Financial's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.08%), Acadian Asset Management LLC (3.64%), State Street Corp (2.59%), Geode Capital Management LLC (1.61%), Driehaus Capital Management LLC (1.48%) and Foundry Partners LLC (0.90%). Company insiders that own Waterstone Financial stock include Ellen Syburg Bartel, Eric J Egenhoefer and William F Bruss. View institutional ownership trends for Waterstone Financial.

Which institutional investors are selling Waterstone Financial stock?

WSBF stock was sold by a variety of institutional investors in the last quarter, including BHZ Capital Management LP, Foundry Partners LLC, Federated Hermes Inc., Morgan Stanley, UBS Group AG, Parametric Portfolio Associates LLC, WINTON GROUP Ltd, and APG Asset Management N.V.. View insider buying and selling activity for Waterstone Financial.

Which institutional investors are buying Waterstone Financial stock?

WSBF stock was purchased by a variety of institutional investors in the last quarter, including Driehaus Capital Management LLC, Two Sigma Advisers LP, Los Angeles Capital Management & Equity Research Inc., Invesco Ltd., Dean Capital Management, Geode Capital Management LLC, State Street Corp, and Grantham Mayo Van Otterloo & Co. LLC. View insider buying and selling activity for Waterstone Financial.

How do I buy shares of Waterstone Financial?

Shares of WSBF 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 Waterstone Financial's stock price today?

One share of WSBF stock can currently be purchased for approximately $15.80.

How big of a company is Waterstone Financial?

Waterstone Financial has a market capitalization of $409.46 million and generates $210.49 million in revenue each year. The savings and loans company earns $35.90 million in net income (profit) each year or $1.37 on an earnings per share basis. Waterstone Financial employs 888 workers across the globe.

What is Waterstone Financial's official website?

The official website for Waterstone Financial is www.wsbonline.com.

How can I contact Waterstone Financial?

Waterstone Financial's mailing address is 11200 WEST PLANK COURT, WAUWATOSA WI, 53226. The savings and loans company can be reached via phone at 414-761-1000 or via email at [email protected]

This page was last updated on 5/27/2020 by MarketBeat.com Staff