NASDAQ:WSFSWSFS Financial Stock Price, Forecast & News

$29.05

-0.25 (-0.85 %)

(As of 06/4/2020 10:21 AM ET)

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Today's Range

$28.69

Now: $29.05▼

$29.07

50-Day Range

$21.50

MA: $25.54▼

$30.23

52-Week Range

$17.84

Now: $29.05▼

$46.05

Volume760 shs

Average Volume268,270 shs

Market Capitalization$1.47 billion

P/E Ratio10.41

Dividend Yield1.70%

Beta1.32

WSFS Financial Corporation operates as the savings and loan holding company for the Wilmington Savings Fund Society, FSB that provides various banking services in the United States. It operates through three segments: WSFS Bank, Cash Connect, and Wealth Management. The company offers various deposit products, including savings accounts, demand deposits, interest-bearing demand deposits, money market deposit accounts, and certificates of deposit, as well as jumbo certificates of deposit. It also provides a range of loans, which comprise residential real estate loans; commercial real estate mortgage loans; commercial construction loans to developers; commercial loans for working capital, financing equipment and real estate acquisitions, business expansion, and other business purposes; and consumer credit products, such as home improvement, automobile, and other secured and unsecured personal installment loans, as well as home equity lines and unsecured lines of credit. In addition, the company offers cash management, trust, and wealth management services. Further, it markets various third-party investment and insurance products, such as single-premium annuities, whole life policies, and securities; provides investment advisory services to high net worth individuals and institutions; and offers mortgage and title services. Additionally, the company provides ATM vault cash, smart safe, and other cash logistics services; and online reporting and ATM cash management, predictive cash ordering, armored carrier management, and ATM processing equipment sales, and deposit safe cash logistics services. As of March 1, 2019, it operated 76 offices, including 45 in Delaware, 29 in Pennsylvania, 1 in Virginia, and 1 in Nevada. WSFS Financial Corporation was founded in 1832 and is headquartered in Wilmington, Delaware.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
WSFS Financial has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $39.69, WSFS Financial has a potential upside of 36.6% from its current price of $29.05.
Amount of Analyst Coverage
WSFS Financial has only been the subject of 2 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
WSFS Financial has received 185 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
WSFS Financial has received 276 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
WSFS Financial has received 59.87% “underperform” votes from our community.

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

4.2 Dividend Strength

Dividend Leadership
WSFS Financial is a leading dividend payer. It pays a dividend yield of 1.70%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
WSFS Financial has been increasing its dividend for 6 years.
Dividend Coverage
The dividend payout ratio of WSFS Financial is 12.83 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, WSFS Financial will have a dividend payout ratio of 17.84 % next year. This indicates that WSFS Financial will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, WSFS Financial insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.85% of the stock of WSFS Financial is held by insiders.
Percentage Held by Institutions
83.19% of the stock of WSFS Financial 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 WSFS Financial are expected to grow by 20.09% in the coming year, from $2.24 to $2.69 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of WSFS Financial is 10.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of WSFS Financial is 10.41, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.78.
Price to Book Value per Share Ratio
WSFS Financial has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.72 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry National commercial banks

Sub-IndustryThrifts & Mortgage Finance

SectorFinance

Current SymbolNASDAQ:WSFS

Previous Symbol

CUSIP92932810

CIK828944

Webwww.wsfsbank.com

Phone302-792-6000

Debt

Debt-to-Equity Ratio0.16

Current Ratio0.92

Quick Ratio0.91

Price-To-Earnings

Trailing P/E Ratio10.41

Forward P/E Ratio12.97

P/E GrowthN/A

Sales & Book Value

Annual Sales$709.20 million

Price / Sales2.08

Cash Flow$3.74 per share

Price / Cash Flow7.77

Book Value$35.47 per share

Price / Book0.82

Profitability

EPS (Most Recent Fiscal Year)$3.74

Net Income$148.81 million

Net Margins19.74%

Return on Equity8.75%

Return on Assets1.32%

Miscellaneous

Employees1,782

Outstanding Shares50,660,000

Market Cap$1.47 billion

Next Earnings Date7/27/2020 (Estimated)

OptionableOptionable

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WSFS Financial (NASDAQ:WSFS) Frequently Asked Questions

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

WSFS Financial's stock was trading at $27.76 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, WSFS stock has increased by 4.6% and is now trading at $29.05. View which stocks have been most impacted by Coronavirus.

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WSFS Financial in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for WSFS Financial.

When is WSFS Financial's next earnings date?

WSFS Financial is scheduled to release its next quarterly earnings announcement on Monday, July 27th 2020. View our earnings forecast for WSFS Financial.

How were WSFS Financial's earnings last quarter?

WSFS Financial Co. (NASDAQ:WSFS) posted its quarterly earnings results on Monday, April, 27th. The bank reported $0.23 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.69 by $0.46. The bank had revenue of $157 million for the quarter, compared to analysts' expectations of $150.34 million. WSFS Financial had a net margin of 19.74% and a return on equity of 8.75%. View WSFS Financial's earnings history.

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

WSFS Financial announced a quarterly dividend on Monday, April 27th. Stockholders of record on Friday, May 8th will be paid a dividend of $0.12 per share on Friday, May 22nd. This represents a $0.48 annualized dividend and a dividend yield of 1.65%. The ex-dividend date of this dividend is Thursday, May 7th. View WSFS Financial's dividend history.

When did WSFS Financial's stock split? How did WSFS Financial's stock split work?

WSFS Financial shares split on Tuesday, May 5th 2015. The 3-1 split was announced on Tuesday, March 17th 2015. The newly created shares were distributed to shareholders after the closing bell on Monday, May 4th 2015. An investor that had 100 shares of WSFS Financial stock prior to the split would have 300 shares after the split.

What price target have analysts set for WSFS?

5 analysts have issued 12-month price targets for WSFS Financial's shares. Their forecasts range from $30.00 to $47.75. On average, they expect WSFS Financial's share price to reach $39.69 in the next year. This suggests a possible upside of 36.6% from the stock's current price. View analysts' price targets for WSFS Financial.

Has WSFS Financial been receiving favorable news coverage?

Media headlines about WSFS stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. WSFS Financial earned a news impact score of -1.0 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutWSFS Financial.

Are investors shorting WSFS Financial?

WSFS Financial saw a drop in short interest in May. As of May 15th, there was short interest totaling 483,300 shares, a drop of 50.3% from the April 30th total of 973,100 shares. Based on an average daily trading volume, of 301,900 shares, the short-interest ratio is presently 1.6 days. Currently, 1.0% of the shares of the company are short sold. View WSFS Financial's Current Options Chain.

Who are some of WSFS Financial's key competitors?

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

What other stocks do shareholders of WSFS Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other WSFS Financial investors own include Enterprise Products Partners (EPD), Metlife (MET), Altria Group (MO), Southern (SO), Tandem Diabetes Care (TNDM), Enbridge (ENB), Huntington Bancshares (HBAN), Pfizer (PFE), AT&T (T) and Verizon Communications (VZ).

Who are WSFS Financial's key executives?

WSFS Financial's management team includes the following people:

Mr. Mark A. Turner, Exec. Chairman (Age 56)
Mr. Rodger Levenson, CEO, Pres & Director (Age 58)
Mr. Dominic C. Canuso C.F.A, C.F.A., Exec. VP & CFO (Age 44)
Ms. Peggy H. Eddens, Exec. VP and Chief Associate & Customer Experience Officer (Age 63)
Mr. Stephen P. Clark, Chief Commercial Banking Officer & Exec. VP (Age 61)

What is WSFS Financial's stock symbol?

WSFS Financial trades on the NASDAQ under the ticker symbol "WSFS."

Who are WSFS Financial's major shareholders?

WSFS Financial's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (7.24%), Janus Henderson Group PLC (3.70%), State Street Corp (2.40%), Alliancebernstein L.P. (1.79%), Nuveen Asset Management LLC (1.72%) and The Manufacturers Life Insurance Company (1.60%). Company insiders that own WSFS Financial stock include Dominic C Canuso, Mark A Turner, Patrick Joseph Ward, Paul S Greenplate, Peggy H Eddens, Richard Wright and Rodger Levenson. View institutional ownership trends for WSFS Financial.

Which institutional investors are selling WSFS Financial stock?

WSFS stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Federated Hermes Inc., The Manufacturers Life Insurance Company , BlackRock Inc., UBS Group AG, Alliancebernstein L.P., Morgan Stanley, and State Street Corp. Company insiders that have sold WSFS Financial company stock in the last year include Mark A Turner, Patrick Joseph Ward, Paul S Greenplate, Peggy H Eddens, and Richard Wright. View insider buying and selling activity for WSFS Financial.

Which institutional investors are buying WSFS Financial stock?

WSFS stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Ziegler Capital Management LLC, Eagle Asset Management Inc., Janus Henderson Group PLC, Frontier Capital Management Co. LLC, EJF Capital LLC, JPMorgan Chase & Co., and Geode Capital Management LLC. View insider buying and selling activity for WSFS Financial.

How do I buy shares of WSFS Financial?

Shares of WSFS 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 WSFS Financial's stock price today?

One share of WSFS stock can currently be purchased for approximately $29.05.

How big of a company is WSFS Financial?

WSFS Financial has a market capitalization of $1.47 billion and generates $709.20 million in revenue each year. The bank earns $148.81 million in net income (profit) each year or $3.74 on an earnings per share basis. WSFS Financial employs 1,782 workers across the globe.

What is WSFS Financial's official website?

The official website for WSFS Financial is www.wsfsbank.com.

How can I contact WSFS Financial?

WSFS Financial's mailing address is 500 DELAWARE AVENUE, WILMINGTON DE, 19801. The bank can be reached via phone at 302-792-6000 or via email at [email protected]

This page was last updated on 6/4/2020 by MarketBeat.com Staff