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NYSE:WBSWebster Financial Stock Price, Forecast & News

$22.89
+1.66 (+7.82 %)
(As of 04/7/2020 07:39 AM ET)
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Today's Range
$22.04
Now: $22.89
$23.73
50-Day Range
$18.42
MA: $31.28
$47.92
52-Week Range
$18.16
Now: $22.89
$55.08
Volume3.45 million shs
Average Volume1.39 million shs
Market Capitalization$2.10 billion
P/E Ratio5.62
Dividend Yield7.54%
Beta1.68
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 relationship banking services for high net worth clients, not-for-profit organizations, and business clients with deposit and loan products; and asset management, financial planning, and trust services. 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/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 provides telephone and mobile banking services, as well as through its Website. As of February 21, 2019, it operated 157 banking centers and 316 ATMs. Webster Financial Corporation was founded in 1935 and is headquartered in Waterbury, Connecticut.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.3Community Rank: 2.2Dividend Strength: 4.2Insider Behavior: 4.0Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.68 out of 5 stars


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$1.44 billion
Cash Flow$5.52 per share
Book Value$33.28 per share

Profitability

Net Income$382.72 million

Miscellaneous

Employees3,298
Market Cap$2.10 billion
Next Earnings Date4/16/2020 (Estimated)
OptionableOptionable

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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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, WBS shares have decreased by 25.5% and is now trading at $22.89. View which stocks have been mosted impacted by Coronavirus.

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

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Webster Financial in the last year. There are currently 5 hold ratings, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Webster Financial.

When is Webster Financial's next earnings date?

Webster Financial is scheduled to release its next quarterly earnings announcement on Thursday, April 16th 2020. View our earnings forecast for Webster Financial.

How were Webster Financial's earnings last quarter?

Webster Financial Co. (NYSE:WBS) issued its quarterly earnings data on Thursday, January, 23rd. The financial services provider reported $0.96 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.97 by $0.01. The financial services provider had revenue of $302.20 million for the quarter, compared to analysts' expectations of $308.90 million. Webster Financial had a net margin of 26.57% and a return on equity of 12.99%. Webster Financial's quarterly revenue was down 2.6% on a year-over-year basis. During the same period last year, the firm earned $1.05 earnings per share. View Webster Financial's earnings history.

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

Webster Financial announced a quarterly dividend on Tuesday, January 28th. Investors of record on Tuesday, February 11th will be given a dividend of $0.40 per share on Tuesday, February 25th. This represents a $1.60 dividend on an annualized basis and a yield of 6.99%. The ex-dividend date is Monday, February 10th. View Webster Financial's dividend history.

What price target have analysts set for WBS?

10 Wall Street analysts have issued 12-month target prices for Webster Financial's shares. Their forecasts range from $22.50 to $62.00. On average, they anticipate Webster Financial's share price to reach $41.88 in the next twelve months. This suggests a possible upside of 82.9% from the stock's current price. View analysts' price targets for Webster Financial.

Has Webster Financial been receiving favorable news coverage?

News coverage about WBS stock has trended very negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by reviewing 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 coverage optimism score of -3.3 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutWebster Financial.

Are investors shorting Webster Financial?

Webster Financial saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 2,610,000 shares, an increase of 18.1% from the February 13th total of 2,210,000 shares. Based on an average daily volume of 582,800 shares, the short-interest ratio is currently 4.5 days. Approximately 2.9% of the company's shares are short sold. View Webster Financial's Current Options Chain.

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 Verizon Communications (VZ), AT&T (T), BP (BP), Altria Group (MO), Occidental Petroleum (OXY), Exxon Mobil (XOM), Duke Energy (DUK), Consolidated Edison (ED), Enterprise Products Partners (EPD) and Energy Transfer LP Unit (ET).

Who are Webster Financial's key executives?

Webster Financial's management team includes the following people:
  • Mr. John R. Ciulla, Pres, CEO & Director (Age 53)
  • Mr. Glenn I. MacInnes, Exec. VP & CFO (Age 58)
  • Mr. Nitin J. Mhatre, Exec. VP & Head of Community Banking (Age 48)
  • Mr. Charles L. Wilkins, Exec. VP (Age 57)
  • Mr. Christopher J. Motl, Exec. VP & Head of Commercial Banking (Age 48)

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 State of Alaska Department of Revenue (0.02%). Company insiders that own Webster Financial stock include Charles L Wilkins, Daniel Bley, Dawn C Morris, James Copenhaver Smith, Joel S Becker, John Joseph Crawford, John R Ciulla, Laurence C Morse and Mark Pettie. View institutional ownership trends for Webster Financial.

Which major investors are buying Webster Financial stock?

WBS stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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 $22.89.

How big of a company is Webster Financial?

Webster Financial has a market capitalization of $2.10 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. View additional information about Webster Financial.

What is Webster Financial's official website?

The official website for Webster Financial is http://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 4/7/2020 by MarketBeat.com Staff

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