NYSE:WBK - Westpac Stock Price, Price Target & More

$22.11 -0.22 (-0.99 %)
(As of 04/19/2018 03:25 PM ET)
Previous Close$22.33
Today's Range$22.05 - $22.26
52-Week Range$21.73 - $26.72
Volume182,402 shs
Average Volume274,582 shs
Market Capitalization$75.19 billion
P/E Ratio12.76
Dividend Yield6.35%
Beta1.28

About Westpac (NYSE:WBK)

Westpac logoWestpac Banking Corporation provides various banking and financial services in Australia, New Zealand, Asia, the Pacific region, and internationally. It operates through five divisions: Consumer Bank, Business Bank, BT Financial Group, Westpac Institutional Bank, and Westpac New Zealand. It offers everyday banking, savings, term deposit, moving to Australia, under 21 and student, business, community solutions one, not-for-profit savings, and foreign currency accounts; term, tailor-made, and farm management deposits; debit, credit, and travel money cards; home, personal, investment, small business, and commercial loans; and equipment, automotive, cash flow, property, and insurance premium financing services. It also provides home and content, landlord, car, travel, boat, caravan and trailer, life, credit card and loan repayment, income protection, business, farm pack, person income, and business overheads insurance products; superannuation and retirement products; investment portfolios; installment warrants; and trading, financial advisory, wealth, foreign currency exchange, international payment, cash flow management, international trade, and import and export services. In addition, it offers industry specific banking and treasury services; other services, such as emergency cash, online and telephone banking, ATMs, unclaimed money, travel center, margin lending, and banking services to migrants moving to Australia; and mobile wallets. Further, it provides capital advisory and fund management, transactional and private banking, and financial market services; and corporate and structured finance, as well as trade and supply chain finance. It serves individuals; micro, small, and medium enterprises; and commercial, corporate, institutional, and government customers. The company was formerly known as Bank of New South Wales and changed its name to Westpac Banking Corporation in October 1982. The company was founded in 1817 and is headquartered in Sydney, Australia.

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Industry, Sector and Symbol

Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
SymbolNYSE:WBK
CUSIPN/A
Phone61-2-9374-7113

Debt

Debt-to-Equity Ratio2.74%
Current Ratio1.26%
Quick Ratio1.26%

Price-To-Earnings

Trailing P/E Ratio12.76
Forward P/E Ratio11.52
P/E Growth3.65

Sales & Book Value

Annual Sales$28.58 billion
Price / Sales2.59
Cash Flow$2.0741 per share
Price / Cash10.66
Book Value$13.97 per share
Price / Book1.58

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees35,096
Outstanding Shares3,346,170,000

How to Become a New Pot Stock Millionaire

Westpac (NYSE:WBK) Frequently Asked Questions

What is Westpac's stock symbol?

Westpac trades on the New York Stock Exchange (NYSE) under the ticker symbol "WBK."

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

Westpac declared a None dividend on Monday, November 6th. Investors of record on Monday, November 13th will be paid a dividend of $0.717 per share on Tuesday, January 2nd. This represents a yield of 5.82%. The ex-dividend date of this dividend is Friday, November 10th. This is a positive change from Westpac's previous None dividend of $0.71. View Westpac's Dividend History.

Who are some of Westpac's key competitors?

Who are Westpac's key executives?

Westpac's management team includes the folowing people:
  • Mr. Brian Charles Hartzer B.A., C.F.A., MD, CEO & Director (Age 51)
  • Mr. Peter Francis King F.C.A., BEc, FCA, Chief Financial Officer (Age 48)
  • Mr. David Curran B.Com, Chief Information Officer (Age 53)
  • Ms. Rebecca Lim L.L.B., B Econ, LLB (Hons), Group Exec. of Compliance, Legal & Secretariat and Company Sec. (Age 46)
  • Ms. Christine Parker, Group Exec. of HR, Corp. Affairs & Sustainability (Age 58)

Has Westpac been receiving favorable news coverage?

Headlines about WBK stock have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Westpac earned a news impact score of 0.23 on Accern's scale. They also assigned media headlines about the bank an impact score of 46.10 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

How do I buy shares of Westpac?

Shares of WBK 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, Scottrade, Fidelity and Charles Schwab.

What is Westpac's stock price today?

One share of WBK stock can currently be purchased for approximately $22.11.

How big of a company is Westpac?

Westpac has a market capitalization of $75.19 billion and generates $28.58 billion in revenue each year. The bank earns $6.09 billion in net income (profit) each year or $1.75 on an earnings per share basis. Westpac employs 35,096 workers across the globe.

How can I contact Westpac?

Westpac's mailing address is LEVEL 20 275 KENT STREET, SYDNEY C3, 10017-2422. The bank can be reached via phone at 61-2-9374-7113 or via email at [email protected]


MarketBeat Community Rating for Westpac (WBK)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  179 (Vote Outperform)
Underperform Votes:  215 (Vote Underperform)
Total Votes:  394
MarketBeat's community ratings are surveys of what our community members think about Westpac and other stocks. Vote "Outperform" if you believe WBK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WBK will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Westpac (NYSE:WBK) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
8 Wall Street analysts have issued ratings and price targets for Westpac in the last 12 months. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldBuyBuy
Consensus Rating Score: 2.252.252.502.50
Ratings Breakdown: 1 Sell Rating(s)
4 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
4 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: N/AN/AN/AN/A
Price Target Upside: N/AN/AN/AN/A

Westpac (NYSE:WBK) Consensus Price Target History

Price Target History for Westpac (NYSE:WBK)

Westpac (NYSE:WBK) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/7/2018Bank of AmericaDowngradeBuy -> UnderperformMediumView Rating Details
2/16/2018Morgan StanleyDowngradeOverweight -> Equal WeightMediumView Rating Details
1/30/2018JPMorgan ChaseUpgradeNeutral -> OverweightLowView Rating Details
1/17/2018MacquarieUpgradeNeutral -> OutperformLowView Rating Details
11/6/2017Credit Suisse GroupDowngradeOutperform -> NeutralN/AView Rating Details
7/19/2017CitigroupUpgradeSell -> NeutralLowView Rating Details
7/12/2017Goldman SachsUpgradeNeutral -> BuyLowView Rating Details
5/8/2017UBSDowngradeBuy -> NeutralN/AView Rating Details
(Data available from 4/19/2016 forward)

Earnings

Westpac (NYSE:WBK) Earnings History and Estimates Chart

Earnings by Quarter for Westpac (NYSE:WBK)

Westpac (NYSE:WBK) Earnings Estimates

Current Year EPS Consensus Estimate: $1.92 EPS
Next Year EPS Consensus Estimate: $1.96 EPS

Westpac (NYSE WBK) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2012Q2 2012$1.00ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Westpac (NYSE:WBK) Dividend Information

Westpac pays an annual dividend of $1.43 per share, with a dividend yield of 6.47%. WBK's most recent none dividend payment was Tuesday, January 2. Westpac pays out 81.71% of its earnings out as a dividend.
Most Recent Dividend:1/2/2018
Annual Dividend:$1.43
Dividend Yield:6.47%
Dividend Growth:-4.50% (3 Year Average)
Payout Ratio:81.71% (Trailing 12 Months of Earnings)
74.48% (Based on This Year's Estimates)
72.96% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Westpac (NYSE:WBK)

Westpac (NYSE:WBK) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/6/2017None$0.71705.82%11/10/201711/13/20171/2/2018
5/9/2017semiannual$0.68905.72%5/16/20175/18/20177/14/2017
11/14/2016$0.712011/15/201611/14/20161/3/2017
11/9/2016$0.712011/17/201611/21/20161/2/2017
5/2/2016$0.715/10/20165/12/20167/14/2016
11/9/2015$0.658011/12/201511/16/201512/31/2015
5/5/2015special$0.72875.37%5/12/20155/14/20157/13/2015
11/5/2014semiannual$0.80315.38%11/6/201411/10/201412/29/2014
5/6/2014special$0.83484.8%5/13/20145/15/20147/14/2014
11/5/2013special$0.09505.13%11/12/201311/14/201312/30/2013
11/5/2013semiannual$0.83645.13%11/12/201311/14/201312/30/2013
5/6/2013special$4.95075.09%5/14/20135/16/20137/10/2013
(Data available from 1/1/2013 forward)

Insider Trades

Westpac (NYSE WBK) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 0.60%
Insider Trading History for Westpac (NYSE:WBK)
Insider Trading History for Westpac (NYSE:WBK)

Westpac (NYSE WBK) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

Westpac (NYSE WBK) News Headlines

Source:
DateHeadline
Lost home, fees for the dead - Australia banking inquiry hears testimonyLost home, fees for the dead - Australia banking inquiry hears testimony
finance.yahoo.com - April 19 at 8:34 AM
Goldman Sachs Upgrades Westpac (WBK) to BuyGoldman Sachs Upgrades Westpac (WBK) to Buy
www.americanbankingnews.com - April 18 at 9:10 PM
Should you buy Westpac Banking Corp shares?Should you buy Westpac Banking Corp shares?
www.fool.com.au - April 5 at 5:04 PM
Westpac (WBK) Given Average Rating of "Hold" by AnalystsWestpac (WBK) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - April 4 at 1:47 PM
ValuEngine Downgrades Westpac (WBK) to HoldValuEngine Downgrades Westpac (WBK) to Hold
www.americanbankingnews.com - April 2 at 10:22 PM
Westpac (WBK) Downgraded by Zacks Investment Research to "Sell"Westpac (WBK) Downgraded by Zacks Investment Research to "Sell"
www.americanbankingnews.com - March 31 at 6:34 PM
Have Investors Priced In Westpac Banking Corporation’s (ASX:WBC) Growth?Have Investors Priced In Westpac Banking Corporation’s (ASX:WBC) Growth?
finance.yahoo.com - March 28 at 8:48 AM
Westpac (WBK) Upgraded to Overweight by JPMorgan Chase & Co.Westpac (WBK) Upgraded to Overweight by JPMorgan Chase & Co.
www.americanbankingnews.com - March 26 at 3:14 PM
MOVES- Westpac Banking, Citigroup, StanChartMOVES- Westpac Banking, Citigroup, StanChart
finance.yahoo.com - March 21 at 5:23 PM
Westpac (WBK) Downgraded to Sell at Zacks Investment ResearchWestpac (WBK) Downgraded to Sell at Zacks Investment Research
www.americanbankingnews.com - March 21 at 4:00 PM
Australian inquiry turns up heat on Westpacs car-finance unitAustralian inquiry turns up heat on Westpac's car-finance unit
finance.yahoo.com - March 21 at 9:21 AM
Australian banking inquiry hears Westpac mis-sold auto-financeAustralian banking inquiry hears Westpac mis-sold auto-finance
finance.yahoo.com - March 21 at 9:21 AM
Australian inquiry hears CBA knew risks but put mortgage volume ahead of customersAustralian inquiry hears CBA knew risks but put mortgage 'volume' ahead of customers
finance.yahoo.com - March 15 at 8:35 AM
Australian probe of bank-sector misconduct begins with focus on home loansAustralian probe of bank-sector misconduct begins with focus on home loans
finance.yahoo.com - March 13 at 8:47 AM
NAB under fire as Australian banking inquiry opensNAB under fire as Australian banking inquiry opens
finance.yahoo.com - March 13 at 8:47 AM
Westpac Banking (WBK) Lowered to Underperform at Bank of AmericaWestpac Banking (WBK) Lowered to Underperform at Bank of America
www.americanbankingnews.com - March 11 at 1:49 PM
Westpac Banking Corp (WBK) Receives Average Rating of "Hold" from AnalystsWestpac Banking Corp (WBK) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - March 10 at 1:53 PM
Westpac Banking Corp (WBK) Position Increased by Assetmark Inc.Westpac Banking Corp (WBK) Position Increased by Assetmark Inc.
www.americanbankingnews.com - March 5 at 4:42 AM
Martin Capital Partners LLC Invests $2.68 Million in Westpac Banking Corp (WBK)Martin Capital Partners LLC Invests $2.68 Million in Westpac Banking Corp (WBK)
www.americanbankingnews.com - February 28 at 3:12 PM
RBNZ leans towards ramped up capital reporting requirements for banks - deputy governorRBNZ leans towards ramped up capital reporting requirements for banks - deputy governor
finance.yahoo.com - February 27 at 5:42 PM
Australias CBA disputes regulators new rate-manipulation allegationsAustralia's CBA disputes regulator's new rate-manipulation allegations
finance.yahoo.com - February 26 at 8:35 AM
Morgan Stanley Downgrades Westpac Banking (WBK) to Equal WeightMorgan Stanley Downgrades Westpac Banking (WBK) to Equal Weight
www.americanbankingnews.com - February 16 at 11:00 PM
Westpac Banking Corporation (ASX:WBC) Delivered A Better ROE Than The Industry, Here’s WhyWestpac Banking Corporation (ASX:WBC) Delivered A Better ROE Than The Industry, Here’s Why
finance.yahoo.com - February 16 at 5:07 PM
With An ROE Of 13.04%, Has Westpac Banking Corporation’s (ASX:WBCPC) Management Done A Good Job?With An ROE Of 13.04%, Has Westpac Banking Corporation’s (ASX:WBCPC) Management Done A Good Job?
finance.yahoo.com - February 16 at 8:32 AM
Australia banks tighten mortgage checks amid government inquiry, face revenue strainAustralia banks tighten mortgage checks amid government inquiry, face revenue strain
finance.yahoo.com - February 16 at 8:32 AM
Westpac Banking Corp (WBK) Receives Average Rating of "Buy" from BrokeragesWestpac Banking Corp (WBK) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - February 13 at 1:44 PM
Giving Up On Westpac BankingGiving Up On Westpac Banking
seekingalpha.com - February 10 at 9:36 AM
Want To Invest In Westpac Banking Corporation (ASX:WBCPC)? Here’s How It Performed LatelyWant To Invest In Westpac Banking Corporation (ASX:WBCPC)? Here’s How It Performed Lately
finance.yahoo.com - February 9 at 9:43 AM
ASX Stocks Of The DayASX Stocks Of The Day
finance.yahoo.com - February 8 at 8:22 AM
What You Should Know About Westpac Banking Corporation’s (ASX:WBC) LiquidityWhat You Should Know About Westpac Banking Corporation’s (ASX:WBC) Liquidity
finance.yahoo.com - February 2 at 9:45 AM
Financial Contrast: State Bank Financial (STBZ) and Westpac Banking (WBK)Financial Contrast: State Bank Financial (STBZ) and Westpac Banking (WBK)
www.americanbankingnews.com - January 30 at 7:12 PM
Westpac Banking Corporation (ASX:WBCPC): Immense Growth Potential?Westpac Banking Corporation (ASX:WBCPC): Immense Growth Potential?
finance.yahoo.com - January 26 at 9:54 AM
Westpac Banking (WBK) Raised to "Buy" at Zacks Investment ResearchWestpac Banking (WBK) Raised to "Buy" at Zacks Investment Research
www.americanbankingnews.com - January 21 at 8:26 AM
Westpac Banking Corp (WBK) Given Consensus Rating of "Hold" by AnalystsWestpac Banking Corp (WBK) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - January 19 at 3:40 PM
Westpac Banking (WBK) Rating Increased to Outperform at MacquarieWestpac Banking (WBK) Rating Increased to Outperform at Macquarie
www.americanbankingnews.com - January 17 at 9:58 AM
Zacks Investment Research Reiterates "Hold" Rating for Westpac Banking (WBK)Zacks Investment Research Reiterates "Hold" Rating for Westpac Banking (WBK)
www.americanbankingnews.com - January 13 at 11:38 AM
Westpac Banking (WBK) and Its Rivals Financial ComparisonWestpac Banking (WBK) and Its Rivals Financial Comparison
www.americanbankingnews.com - January 12 at 9:06 AM
Westpac Banking Breaks Above 200-Day Moving Average - Bullish for WBKWestpac Banking Breaks Above 200-Day Moving Average - Bullish for WBK
www.nasdaq.com - January 5 at 3:58 PM
Westpac Banking (WBK) Downgraded by ValuEngine to HoldWestpac Banking (WBK) Downgraded by ValuEngine to Hold
www.americanbankingnews.com - December 30 at 11:16 PM
Analyzing Westpac Banking (WBK) & Its CompetitorsAnalyzing Westpac Banking (WBK) & Its Competitors
www.americanbankingnews.com - December 28 at 5:50 AM
ETFs with exposure to Westpac Banking Corp. : December 26, 2017ETFs with exposure to Westpac Banking Corp. : December 26, 2017
finance.yahoo.com - December 26 at 8:16 PM
Westpac Banking Corp (WBK) Given Average Rating of "Hold" by AnalystsWestpac Banking Corp (WBK) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - December 25 at 1:52 PM
ETFs with exposure to Westpac Banking Corp. : December 11, 2017ETFs with exposure to Westpac Banking Corp. : December 11, 2017
finance.yahoo.com - December 11 at 4:30 PM
Westpac Banking Corporation (WBK) Receives Consensus Recommendation of "Hold" from BrokeragesWestpac Banking Corporation (WBK) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - November 30 at 4:04 PM
ETFs with exposure to Westpac Banking Corp. : November 29, 2017ETFs with exposure to Westpac Banking Corp. : November 29, 2017
finance.yahoo.com - November 29 at 4:19 PM
Financial Survey: Westpac Banking (WBK) versus WesBanco (WSBC)Financial Survey: Westpac Banking (WBK) versus WesBanco (WSBC)
www.americanbankingnews.com - November 26 at 11:20 AM
Westpac Banking Corp. : WBK-US: Dividend Analysis : November 13th, 2017 (record date) : By the numbers : November 14, 2017Westpac Banking Corp. : WBK-US: Dividend Analysis : November 13th, 2017 (record date) : By the numbers : November 14, 2017
finance.yahoo.com - November 16 at 6:45 AM
Westpac Banking Corp. :WBK-US: Earnings Analysis: For the six months ended September 30, 2017 : November 10, 2017Westpac Banking Corp. :WBK-US: Earnings Analysis: For the six months ended September 30, 2017 : November 10, 2017
finance.yahoo.com - November 12 at 1:18 PM
Westpac Banking Corporation Releases Its 2017 Annual Review and Sustainability Report, and 2017 Annual ReportWestpac Banking Corporation Releases Its 2017 Annual Review and Sustainability Report, and 2017 Annual Report
finance.yahoo.com - November 9 at 9:50 AM
Westpac Banking (WBK) Quant Score Hamper Rating - Investorplace.comWestpac Banking (WBK) Quant Score Hamper Rating - Investorplace.com
investorplace.com - November 8 at 4:34 AM

SEC Filings

Westpac (NYSE:WBK) SEC Filings

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Social Media

Financials

Westpac (NYSE:WBK) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Westpac (NYSE WBK) Stock Chart for Thursday, April, 19, 2018

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This page was last updated on 4/19/2018 by MarketBeat.com Staff

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