Webster Financial - WBS Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Webster Financial in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WBS shares.
View WBS analyst ratings or view top-rated stocks.

6 analysts have issued 1-year target prices for Webster Financial's shares. Their WBS share price forecasts range from $50.00 to $77.00. On average, they expect the company's share price to reach $59.78 in the next year. This suggests a possible upside of 51.6% from the stock's current price.
View analysts price targets for WBS or view top-rated stocks among Wall Street analysts.

Webster Financial's stock was trading at $47.34 on January 1st, 2023. Since then, WBS shares have decreased by 16.7% and is now trading at $39.42.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our WBS earnings forecast.

Webster Financial Co. (NYSE:WBS) announced its quarterly earnings data on Thursday, January, 26th. The financial services provider reported $1.60 EPS for the quarter, missing analysts' consensus estimates of $1.66 by $0.06. The financial services provider had revenue of $704.60 million for the quarter, compared to analyst estimates of $708.52 million. Webster Financial had a net margin of 23.64% and a trailing twelve-month return on equity of 12.42%. The firm's revenue was up 122.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.31 earnings per share.

Webster Financial announced a quarterly dividend on Wednesday, January 25th. Investors of record on Monday, February 6th will be given a dividend of $0.40 per share on Friday, February 17th. This represents a $1.60 annualized dividend and a dividend yield of 4.06%. The ex-dividend date of this dividend is Friday, February 3rd.
Read our dividend analysis for WBS.

ETFs with the largest weight of Webster Financial (NYSE:WBS) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), SPDR S&P Regional Banking ETF (KRE), iShares U.S. Regional Banks ETF (IAT), SPDR S&P Bank ETF (KBE), Direxion Daily Regional Banks Bull 3x Shares (DPST), First Trust Nasdaq Bank ETF (FTXO), Vanguard S&P Mid-Cap 400 Value ETF (IVOV) and iShares S&P Mid-Cap 400 Value ETF (IJJ).

Webster Financial (NYSE:WBS) pays an annual dividend of $1.60 per share and currently has a dividend yield of 4.03%. WBS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 45.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WBS will have a dividend payout ratio of 21.59% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WBS.

6 employees have rated Webster Financial Chief Executive Officer James C. Smith on Glassdoor.com. James C. Smith has an approval rating of 84% among the company's employees.

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).

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

Shares of WBS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of WBS stock can currently be purchased for approximately $39.42.

Webster Financial (NYSE:WBS) has a market capitalization of $6.86 billion and generates $2.73 billion in revenue each year. The financial services provider earns $644.28 million in net income (profit) each year or $3.55 on an earnings per share basis.

The company employs 4,193 workers across the globe.

Webster Financial's mailing address is 145 BANK STREET, WATERBURY CT, 06702. The official website for the company is public.websteronline.com. The financial services provider can be reached via phone at (203) 578-2202, via email at tmangan@websterbank.com, or via fax at 302-636-5454.