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NYSE:WBS

Webster Financial Stock Forecast, Price & News

$40.08
-0.05 (-0.12 %)
(As of 11/25/2020 12:00 AM ET)
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Today's Range
$38.92
Now: $40.08
$40.12
50-Day Range
$28.27
MA: $33.53
$40.13
52-Week Range
$18.16
Now: $40.08
$54.04
Volume327,977 shs
Average Volume763,514 shs
Market Capitalization$3.62 billion
P/E Ratio13.73
Dividend Yield3.99%
Beta1.65
Webster Financial Corporation operates as the holding company for Webster Bank, National Association that provides a range of banking, investment, and financial services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Bank, and Community Banking. The Commercial Banking segment provides lending, deposit, and cash management services to middle market companies; and commercial and industrial lending and leasing, commercial real estate lending, equipment financing, and asset-based lending, as well as treasury and payment services. This segment also offers asset management, financial planning and trust services, and deposit and loan products for high net worth clients, not-for-profit organizations, and business clients. 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 Community Banking segment offers deposit and fee-based services, residential mortgages, home equity lines or 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 company also offers online and mobile banking services, as well as through its Website. As of April 7, 2020, it operated 157 banking centers and 309 ATMs. Webster Financial Corporation was founded in 1935 and is headquartered in Waterbury, Connecticut.
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Webster Financial logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.2Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.24 out of 5 stars


Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP94789010
Phone203-578-2202
Employees3,298

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.44 billion
Cash Flow$7.25 per share
Book Value$33.28 per share

Profitability

Net Income$382.72 million

Miscellaneous

Market Cap$3.62 billion
Next Earnings Date1/28/2021 (Estimated)
OptionableOptionable
$40.08
-0.05 (-0.12 %)
(As of 11/25/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Webster Financial (NYSE:WBS) Frequently Asked Questions

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

Webster Financial's stock was trading at $30.71 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WBS shares have increased by 30.5% and is now trading at $40.08.
View which stocks have been most impacted by COVID-19
.

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

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

What stocks does MarketBeat like better than Webster Financial?

Wall Street analysts have given Webster Financial a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Webster Financial wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Webster Financial's next earnings date?

Webster Financial is scheduled to release its next quarterly earnings announcement on Thursday, January 28th 2021.
View our earnings forecast for Webster Financial
.

How were Webster Financial's earnings last quarter?

Webster Financial Co. (NYSE:WBS) announced its quarterly earnings data on Thursday, October, 22nd. The financial services provider reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.06. The financial services provider had revenue of $294.32 million for the quarter, compared to the consensus estimate of $296.02 million. Webster Financial had a net margin of 20.01% and a return on equity of 9.30%. Webster Financial's quarterly revenue was down 5.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.01 EPS.
View Webster Financial's earnings history
.

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

Webster Financial declared a quarterly dividend on Tuesday, October 27th. Shareholders of record on Tuesday, November 10th will be paid a dividend of $0.40 per share on Tuesday, November 24th. This represents a $1.60 annualized dividend and a dividend yield of 3.99%. The ex-dividend date of this dividend is Monday, November 9th.
View Webster Financial's dividend history
.

What price target have analysts set for WBS?

8 analysts have issued twelve-month price objectives for Webster Financial's stock. Their forecasts range from $23.50 to $46.50. On average, they anticipate Webster Financial's stock price to reach $33.25 in the next twelve months. This suggests that the stock has a possible downside of 17.0%.
View analysts' price targets for Webster Financial
.

Are investors shorting Webster Financial?

Webster Financial saw a decline in short interest during the month of October. As of October 30th, there was short interest totaling 1,640,000 shares, a decline of 21.2% from the October 15th total of 2,080,000 shares. Based on an average daily trading volume, of 578,400 shares, the short-interest ratio is currently 2.8 days. Currently, 1.8% of the shares of the stock are sold short.
View Webster Financial's Short Interest
.

Who are some of Webster Financial's key competitors?

What other stocks do shareholders of Webster Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Webster Financial investors own include AT&T (T), Verizon Communications (VZ), BP (BP), Altria Group (MO), Realty Income (O), Pfizer (PFE), Wells Fargo & Company (WFC), Exxon Mobil (XOM), Brookfield Infrastructure Partners (BIP) and Enterprise Products Partners (EPD).

Who are Webster Financial's key executives?

Webster Financial's management team includes the following people:
  • Mr. John R. Ciulla, Chairman, Pres & CEO (Age 54, Pay $2.15M)
  • Mr. Glenn I. MacInnes, Exec. VP & CFO (Age 59, Pay $1.01M)
  • Mr. Nitin J. Mhatre, Advisor to Chief Exec. Officer (Age 49, Pay $813.89k)
  • Mr. Charles L. Wilkins, Exec. VP (Age 58, Pay $787.14k)
  • Mr. Christopher J. Motl, Exec. VP & Head of Commercial Banking (Age 49, Pay $998.31k)
  • Mr. Albert J. Wang CPA, CPA, Sr. VP & Chief Accounting Officer (Age 45)
  • Ms. Karen A. Higgins-Carter, Exec. VP & Chief Information Officer (Age 50)
  • Mr. Terrence K. Mangan, Sr. VP of Investor Relations
  • Ms. Harriet Munrett Wolfe Esq., Exec. VP, Gen. Counsel & Sec. (Age 67)
  • Mr. Bernard M. Garrigues, Exec. VP & Chief HR Officer (Age 61)

What is Webster Financial's stock symbol?

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

Who are Webster Financial's major shareholders?

Webster Financial's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.60%), Wasatch Advisors Inc. (3.34%), State Street Corp (3.22%), Pzena Investment Management LLC (3.06%), Charles Schwab Investment Management Inc. (1.52%) and Fisher Asset Management LLC (0.98%). Company insiders that own Webster Financial stock include Daniel Bley, Elizabeth E Flynn, Glenn I Macinnes, James Copenhaver Smith, John Joseph Crawford, John R Ciulla, Mark Pettie and William L Atwell.
View institutional ownership trends for Webster Financial
.

Which institutional investors are selling Webster Financial stock?

WBS stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, BlackRock Inc., GW&K Investment Management LLC, State Street Corp, Royce & Associates LP, Charles Schwab Investment Management Inc., Truist Financial Corp, and State of Tennessee Treasury Department.
View insider buying and selling activity for Webster Financial
.

Which institutional investors are buying Webster Financial stock?

WBS stock was bought by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Arrowstreet Capital Limited Partnership, Wasatch Advisors Inc., AQR Capital Management LLC, Alaska Permanent Fund Corp, First Trust Advisors LP, Voloridge Investment Management LLC, and Boston Partners. Company insiders that have bought Webster Financial stock in the last two years include Elizabeth E Flynn, Glenn I Macinnes, John R Ciulla, and William L Atwell.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Webster Financial's stock price today?

One share of WBS stock can currently be purchased for approximately $40.08.

How big of a company is Webster Financial?

Webster Financial has a market capitalization of $3.62 billion and generates $1.44 billion in revenue each year. The financial services provider earns $382.72 million in net income (profit) each year or $4.07 on an earnings per share basis. Webster Financial employs 3,298 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]

This page was last updated on 11/26/2020 by MarketBeat.com Staff

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