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

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

Webster Financial declared a quarterly dividend on Tuesday, January 28th. Investors of record on Tuesday, February 11th will be paid 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 3.42%. The ex-dividend date is Monday, February 10th. View Webster Financial's Dividend History.

Webster Financial Co. (NYSE:WBS) announced its quarterly earnings data on Thursday, January, 23rd. The financial services provider reported $0.96 earnings per share for the quarter, missing the consensus estimate of $0.97 by $0.01. The financial services provider had revenue of $302.20 million for the quarter, compared to analyst estimates of $308.90 million. The business's revenue was down 2.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.05 earnings per share. View Webster Financial's Earnings History.

Webster Financial is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for Webster Financial.

8 Wall Street analysts have issued 12 month price targets for Webster Financial's shares. Their forecasts range from $46.50 to $62.00. On average, they expect Webster Financial's stock price to reach $52.42 in the next twelve months. This suggests a possible upside of 12.2% from the stock's current price. View Analyst Price Targets for Webster Financial.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Webster Financial in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Webster Financial.

Press coverage about WBS stock has trended somewhat positive on Sunday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Webster Financial earned a daily sentiment score of 2.0 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Webster Financial.

Webster Financial saw a decrease in short interest during the month of January. As of January 15th, there was short interest totalling 2,390,000 shares, a decrease of 9.1% from the December 31st total of 2,630,000 shares. Based on an average trading volume of 529,500 shares, the days-to-cover ratio is currently 4.5 days. Approximately 2.6% of the company's stock are short sold. View Webster Financial's Current Options Chain.

Some companies that are related to Webster Financial include SunTrust Banks (STI), TCF Financial (TCF), Valley National Bancorp (VLY), Ameris Bancorp (ABCB), Park National (PRK), Tompkins Financial (TMP), Arrow Financial (AROW), American National BankShares (AMNB), Bar Harbor Bankshares (BHB), Ames National (ATLO), MidSouth Bancorp (MSL), First Trust California Municipal High Income ETF (FCAL), 1st Source (SRCE), BancFirst (BANF) and Bancorp (TBBK).

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), Occidental Petroleum (OXY), Exxon Mobil (XOM), Duke Energy (DUK), Consolidated Edison (ED), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET) and Magellan Midstream Partners (MMP).

Webster Financial's stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (3.30%), Bank of New York Mellon Corp (2.99%), Pzena Investment Management LLC (2.17%), Nitorum Capital L.P. (1.98%), GW&K Investment Management LLC (1.41%) and Artisan Partners Limited Partnership (1.20%). 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.

WBS stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Goldman Sachs Group Inc., Bayview Asset Management LLC, Schroder Investment Management Group, State Street Corp, Russell Investments Group Ltd., Los Angeles Capital Management & Equity Research Inc. and UBS Group AG. Company insiders that have sold Webster Financial company stock in the last year include Daniel Bley, John Joseph Crawford and Mark Pettie. View Insider Buying and Selling for Webster Financial.

WBS stock was bought by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Thrivent Financial for Lutherans, Vaughan Nelson Investment Management L.P., River Road Asset Management LLC, Bank of New York Mellon Corp, UBS Asset Management Americas Inc., Great West Life Assurance Co. Can and First Trust Advisors LP. View Insider Buying and Selling for 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.

One share of WBS stock can currently be purchased for approximately $46.72.