NYSE:WBS - Webster Financial Stock Price, News, & Analysis

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$55.89 +1.21 (+2.21 %)
(As of 02/18/2019 11:52 AM ET)
Previous Close$54.68
Today's Range$55.11 - $55.99
52-Week Range$45.38 - $69.63
Volume250,043 shs
Average Volume617,850 shs
Market Capitalization$5.16 billion
P/E Ratio14.94
Dividend Yield2.41%
Beta1.18
Webster Financial Corporation operates as the holding company for Webster Bank, National Association that provides financial services to individuals, families, and businesses in the United States. It operates through four segments: Commercial Banking, Community Banking, HSA Bank, and Private Banking. The Commercial Banking segment provides lending, deposit, and cash management services to middle market companies; and asset-based lending, commercial real estate, and equipment finance, as well as treasury and payment services, which include government and institutional banking. The Community Banking segment offers deposit and fee-based services, residential mortgages, home equity lines/loans, unsecured consumer loans, and credit cards to consumers, as well as investment and securities-related services, including brokerage and investment advice through a strategic partnership with LPL Financial Holdings Inc. This segment also provides credit, deposit, and cash flow management products to businesses and professional service firms. The HSA Bank segment offers health savings accounts, health reimbursement accounts, flexible spending accounts, and other financial solutions to employers for the benefit of their employees and individuals. The Private Banking segment provides relationship banking services for high net worth clients, not-for-profit organizations, and business clients for asset management, trust, loan, and deposit products and financial planning services. The company also provides its services telephone and mobile banking services, as well as through its Website. As of February 14, 2018, it operated 167 banking centers and 334 ATMs. Webster Financial Corporation was founded in 1935 and is headquartered in Waterbury, Connecticut.

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Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP94789010
Phone203-578-2202

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.34 billion
Cash Flow$3.9304 per share
Book Value$29.72 per share

Profitability

Net Income$360.41 million

Miscellaneous

Employees3,302
Market Cap$5.16 billion
OptionableOptionable

Webster Financial (NYSE:WBS) Frequently Asked Questions

What is Webster Financial's stock symbol?

Webster Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "WBS."

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

Webster Financial declared a quarterly dividend on Tuesday, January 29th. Stockholders of record on Tuesday, February 12th will be given a dividend of $0.33 per share on Tuesday, February 26th. This represents a $1.32 annualized dividend and a dividend yield of 2.36%. The ex-dividend date of this dividend is Monday, February 11th. View Webster Financial's Dividend History.

How were Webster Financial's earnings last quarter?

Webster Financial Co. (NYSE:WBS) released its earnings results on Thursday, January, 24th. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.98 by $0.03. The financial services provider had revenue of $310.30 million for the quarter, compared to the consensus estimate of $305.55 million. Webster Financial had a net margin of 26.94% and a return on equity of 13.36%. The business's revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.73 EPS. View Webster Financial's Earnings History.

When is Webster Financial's next earnings date?

Webster Financial is scheduled to release their next quarterly earnings announcement on Thursday, April 18th 2019. View Earnings Estimates for Webster Financial.

What price target have analysts set for WBS?

8 brokerages have issued twelve-month price objectives for Webster Financial's shares. Their forecasts range from $45.00 to $70.00. On average, they anticipate Webster Financial's stock price to reach $61.1667 in the next year. This suggests a possible upside of 9.4% from the stock's current price. View Analyst Price Targets for Webster Financial.

What is the consensus analysts' recommendation for Webster Financial?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Webster Financial in the last year. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Webster Financial.

What are Wall Street analysts saying about Webster Financial stock?

Here are some recent quotes from research analysts about Webster Financial stock:
  • 1. Boenning Scattergood analysts commented, "We maintain our Neutral rating on shares of WBS with the stock trading at a significant premium to peers on forward P/E 2019 (13.6x vs. 11.1x) and price-to-tangible book (2.4x vs. 1.8x). Webster’s asset-sensitive balance sheet and commercial growth engine continue to produce strong core results. With an 84% loan-to-deposit ratio, >70% of loans pricing on a floating or periodic basis, and a 0.70% cost of funds, the bank is well positioned to reap the benefits of any additional increases in interest rates. While we remain complimentary of the bank’s strategy to harness the strengths of its commercial bank and HSA business lines, we think profitability improvements will occur at a steady pace as opposed to larger jumps. Thus, we believe the stock is fairly valued today and do not see any catalysts that would warrant above average P/E multiple expansion." (1/24/2019)
  • 2. According to Zacks Investment Research, "Shares of Webster Financial have outperformed the industry, in the past year. Also, the company possesses an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in three of the trailing four quarters. Earnings estimates have been going upward ahead of the company’s fourth quarter results. Webster Financial’s continued growth in loans and deposits will aid profitability. Further, top-line strength and ample liquidity keep us encouraged. Also, the rising interest-rate environment and lower tax rates will support bottom-line growth. However, persistently rising cost base is a major concern, which might be further elevated by the company's efforts to strengthen the HSA Bank segment. High exposure in commercial and commercial real estate loans can be risky for the company if the housing sector weakens. Further, the company’s capital-deployment activities keep us apprehensive." (1/6/2019)

Has Webster Financial been receiving favorable news coverage?

Press coverage about WBS stock has trended somewhat positive on Monday, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Webster Financial earned a media sentiment score of 1.6 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 effect on the company's share price in the immediate future.

Who are some of Webster Financial's key competitors?

Who are Webster Financial's key executives?

Webster Financial's management team includes the folowing people:
  • Mr. John R. Ciulla, Pres, CEO & Director (Age 53)
  • Mr. Glenn I. Maclnnes, Exec. VP & CFO (Age 58)
  • Mr. Nitin J. Mhatre, Exec. VP & Head of Community Banking (Age 48)
  • Mr. Christopher J. Motl, Exec. VP & Head of Commercial Banking (Age 48)
  • Mr. Albert J. Wang CPA, CPA, Chief Accounting Officer (Age 44)

Who are Webster Financial's major shareholders?

Webster Financial's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.38%), Bank of New York Mellon Corp (2.48%), Macquarie Group Ltd. (2.36%), Frontier Capital Management Co. LLC (2.18%), Oregon Public Employees Retirement Fund (1.97%) and Dimensional Fund Advisors LP (1.25%). Company insiders that own Webster Financial stock include Charles L Wilkins, Daniel Bley, Dawn C Morris, Harriet Munrett Wolfe, James Copenhaver Smith, Joel S Becker, John Joseph Crawford, Karen R Osar, Laurence C Morse, Mark Pettie and Nitin J Mhatre. View Institutional Ownership Trends for Webster Financial.

Which major investors are selling Webster Financial stock?

WBS stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Frontier Capital Management Co. LLC, Mackenzie Financial Corp, Lord Abbett & CO. LLC, D. E. Shaw & Co. Inc., Pennsylvania Trust Co, SG Americas Securities LLC and California Public Employees Retirement System. Company insiders that have sold Webster Financial company stock in the last year include Charles L Wilkins, Daniel Bley, Dawn C Morris, James Copenhaver Smith, Joel S Becker, John Joseph Crawford and Laurence C Morse. View Insider Buying and Selling for Webster Financial.

Which major investors are buying Webster Financial stock?

WBS stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Philadelphia Financial Management of San Francisco LLC, Victory Capital Management Inc., Picton Mahoney Asset Management, Fort Washington Investment Advisors Inc. OH, BlackRock Inc., Two Sigma Investments LP and Geode Capital Management LLC. View Insider Buying and Selling for Webster Financial.

How do I buy shares of Webster Financial?

Shares of WBS 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 Webster Financial's stock price today?

One share of WBS stock can currently be purchased for approximately $55.89.

How big of a company is Webster Financial?

Webster Financial has a market capitalization of $5.16 billion and generates $1.34 billion in revenue each year. The financial services provider earns $360.41 million in net income (profit) each year or $3.74 on an earnings per share basis. Webster Financial employs 3,302 workers across the globe.

What is Webster Financial's official website?

The official website for Webster Financial is public.websteronline.com.

How can I contact Webster Financial?

Webster Financial's mailing address is 145 BANK STREET, WATERBURY CT, 06702. The financial services provider can be reached via phone at 203-578-2202 or via email at [email protected]


MarketBeat Community Rating for Webster Financial (NYSE WBS)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  361 (Vote Outperform)
Underperform Votes:  495 (Vote Underperform)
Total Votes:  856
MarketBeat's community ratings are surveys of what our community members think about Webster Financial and other stocks. Vote "Outperform" if you believe WBS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WBS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/18/2019 by MarketBeat.com Staff

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