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NYSE:WBS

Webster Financial Stock Forecast, Price & News

Top-Rated Dividend Stocks  
$39.73
-0.35 (-0.87 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$39.20
Now: $39.73▼
$40.14
50-Day Range
$28.27
MA: $33.75▼
$40.13
52-Week Range
$18.16
Now: $39.73▼
$54.04
Volume148,700 shs
Average Volume760,840 shs
Market Capitalization$3.58 billion
P/E Ratio13.61
Dividend Yield4.03%
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

Stock Exchange NYSE
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNYSE:WBS
Previous Symbol
CUSIP94789010
CIK801337
Webpublic.websteronline.com
Phone203-578-2202
Employees3,298

Debt

Debt-to-Equity Ratio0.36
Current Ratio0.80
Quick Ratio0.79

Price-To-Earnings

Trailing P/E Ratio13.61
Forward P/E Ratio16.02
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.44 billion
Price / Sales2.49
Cash Flow$7.18 per share
Price / Cash Flow5.53
Book Value$33.28 per share
Price / Book1.19

Profitability

EPS (Most Recent Fiscal Year)$4.07
Net Income$382.72 million
Net Margins20.01%
Return on Equity9.30%
Return on Assets0.90%

Miscellaneous

Outstanding Shares90,201,000
Market Cap$3.58 billion
Next Earnings Date1/28/2021 (Estimated)
OptionableOptionable
$39.73
-0.35 (-0.87 %)
(As of 11/27/2020 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 Coronavirus (COVID-19)?

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. Since then, WBS shares have increased by 29.4% and is now trading at $39.73.
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 or view MarketBeat's top 5 stock picks.

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) issued its quarterly earnings data on Thursday, October, 22nd. The financial services provider reported $0.75 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.69 by $0.06. The financial services provider had revenue of $294.32 million for the quarter, compared to analyst estimates of $296.02 million. Webster Financial had a net margin of 20.01% and a return on equity of 9.30%. The firm's revenue for the quarter was down 5.2% compared to the same quarter last year. During the same quarter last year, the business posted $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. Stockholders 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 4.03%. The ex-dividend date is Monday, November 9th.
View Webster Financial's dividend history.

What price target have analysts set for WBS?

8 brokerages have issued 12-month price objectives for Webster Financial's stock. Their forecasts range from $23.50 to $46.50. On average, they expect Webster Financial's share price to reach $33.25 in the next twelve months. This suggests that the stock has a possible downside of 16.3%.
View analysts' price targets for Webster Financial.

Are investors shorting Webster Financial?

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

Who are some of Webster Financial's key competitors?

Some companies that are related to Webster Financial include Truist Financial (TFC), The PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), KeyCorp (KEY), M&T Bank (MTB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), First Horizon National (FHN), Zions Bancorporation, National Association (ZION), East West Bancorp (EWBC), Signature Bank (SBNY) and Prosperity Bancshares (PB).
View all 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 a number of 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 $39.73.

How big of a company is Webster Financial?

Webster Financial has a market capitalization of $3.58 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 11/30/2020 by MarketBeat.com Staff
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