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

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$59.76 -0.62 (-1.03 %)
(As of 11/13/2018 01:36 AM ET)
Previous Close$60.38
Today's Range$59.61 - $60.77
52-Week Range$51.69 - $69.63
Volume302,662 shs
Average Volume540,733 shs
Market Capitalization$5.57 billion
P/E Ratio23.07
Dividend Yield2.17%
Beta1.04
Webster Financial Corporation operates as the holding company for Webster Bank, National Association that provides financial services to individuals, families, and businesses in the United States. It operates through four segments: Commercial Banking, Community Banking, HSA Bank, and Private Banking. The Commercial Banking segment provides lending, deposit, and cash management services to middle market companies; and asset-based lending, commercial real estate, and equipment finance, as well as treasury and payment services, which include government and institutional banking. 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 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 Private Banking segment provides relationship banking services for high net worth clients, not-for-profit organizations, and business clients for asset management, trust, loan, and deposit products and financial planning services. The company also provides its services telephone and mobile banking services, as well as through its Website. As of February 14, 2018, it operated 167 banking centers and 334 ATMs. Webster Financial Corporation was founded in 1935 and is headquartered in Waterbury, Connecticut.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNYSE:WBS
Previous Symbol
CUSIP94789010
Phone203-578-2202

Debt

Debt-to-Equity Ratio0.62
Current Ratio0.82
Quick Ratio0.82

Price-To-Earnings

Trailing P/E Ratio23.07
Forward P/E Ratio16.11
P/E Growth2.03

Sales & Book Value

Annual Sales$1.17 billion
Price / Sales4.70
Cash Flow$3.5487 per share
Price / Cash16.84
Book Value$28.96 per share
Price / Book2.06

Profitability

EPS (Most Recent Fiscal Year)$2.59
Net Income$255.43 million
Net Margins25.77%
Return on Equity12.36%
Return on Assets1.20%

Miscellaneous

Employees3,302
Outstanding Shares92,240,000
Market Cap$5.57 billion
OptionableOptionable

Webster Financial (NYSE:WBS) Frequently Asked Questions

What is Webster Financial's stock symbol?

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

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

Webster Financial announced a quarterly dividend on Tuesday, October 23rd. Shareholders of record on Tuesday, November 6th will be paid a dividend of $0.33 per share on Tuesday, November 20th. This represents a $1.32 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date of this dividend is Monday, November 5th. View Webster Financial's Dividend History.

How were Webster Financial's earnings last quarter?

Webster Financial Co. (NYSE:WBS) released its quarterly earnings data on Thursday, October, 18th. The financial services provider reported $1.06 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.94 by $0.12. The financial services provider had revenue of $302.66 million for the quarter, compared to analyst estimates of $299.30 million. Webster Financial had a net margin of 25.77% and a return on equity of 12.36%. During the same quarter last year, the firm earned $0.67 EPS. View Webster Financial's Earnings History.

When is Webster Financial's next earnings date?

Webster Financial is scheduled to release their next quarterly earnings announcement on Tuesday, January 22nd 2019. View Earnings Estimates for Webster Financial.

What price target have analysts set for WBS?

11 Wall Street analysts have issued twelve-month price objectives for Webster Financial's stock. Their predictions range from $45.00 to $71.00. On average, they anticipate Webster Financial's share price to reach $62.00 in the next year. This suggests a possible upside of 3.7% from the stock's current price. View Analyst Price Targets for Webster Financial.

What is the consensus analysts' recommendation for Webster Financial?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Webster Financial in the last year. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Webster Financial.

What are Wall Street analysts saying about Webster Financial stock?

Here are some recent quotes from research analysts about Webster Financial stock:
  • 1. According to Zacks Investment Research, "Shares of Webster Financial have outperformed the industry, over the past six months. Also, the company possesses an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in three of the trailing four quarters. The third-quarter 2018 results reflected higher revenues aided by rising loans and improving interest margin. However, higher non-interest expenses were a major drag. Webster Financial’s continued growth in loans and deposits will aid profitability. Further, top-line strength and ample liquidity keep us encouraged. Also, the rising interest-rate environment and lower tax rates will support bottom-line growth. However, persistently rising cost base is a major concern, which might be further elevated by the company's efforts to strengthen the HSA Bank segment. High exposure in commercial and commercial real estate loans can be risky for the company if the housing sector weakens." (10/24/2018)
  • 2. Boenning Scattergood analysts commented, "We maintain our Neutral rating on shares of WBS with the stock trading at a significant premium to peers on forward P/E 2019 (16.9x vs. 13.1x) and price-to-tangible book (3.0x vs. 2.1x). We believe Webster is largely on the right track with its three-pronged approach to (1) aggressively grow the HSA Bank division, (2) expand (3) optimize and transform Community Banking. The benefits of the first two initiatives are readily apparent as a combination of variable rate loans (70% of total) and sticky, low-beta deposit funding translate into an asset-sensitive balance sheet and expanding NIM as a result of the Fed’s interest rate-hiking agenda. We recommend investors look for a more attractive entry point to initiate new positions or add to existing rather than purchase near the 12-month high." (7/19/2018)

Has Webster Financial been receiving favorable news coverage?

Headlines about WBS stock have been trending negative this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Webster Financial earned a media sentiment score of -2.7 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of Webster Financial's key competitors?

Who are Webster Financial's key executives?

Webster Financial's management team includes the folowing people:
  • Mr. John R. Ciulla, Pres, CEO & Director (Age 52)
  • Mr. Glenn I. Maclnnes, Exec. VP & CFO (Age 57)
  • Mr. Nitin J. Mhatre, Exec. VP & Head of Community Banking (Age 47)
  • Mr. Christopher J. Motl, Exec. VP & Head of Community Banking (Age 47)
  • Mr. Albert J. Wang CPA, CPA, Chief Accounting Officer (Age 43)

Who are Webster Financial's major shareholders?

Webster Financial's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.24%), Bank of New York Mellon Corp (2.39%), Frontier Capital Management Co. LLC (2.34%), American Century Companies Inc. (2.04%), Janus Henderson Group PLC (1.93%) and Alliancebernstein L.P. (1.87%). Company insiders that own Webster Financial stock include C Michael Jacobi, Charles L Wilkins, Daniel Bley, Dawn C Morris, Gregory Madar, Harriet Munrett Wolfe, James Copenhaver Smith, Joel S Becker, John Joseph Crawford, John R Ciulla, Joseph J Savage, Karen R Osar, Laurence C Morse, Mark Pettie and Nitin J Mhatre. 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 Fisher Asset Management LLC, Pzena Investment Management LLC, WINTON GROUP Ltd, Janus Henderson Group PLC, Alliancebernstein L.P., Wasatch Advisors Inc., Bank of New York Mellon Corp and DekaBank Deutsche Girozentrale. Company insiders that have sold Webster Financial company stock in the last year include Charles L Wilkins, Daniel Bley, Dawn C Morris, Joel S Becker, John Joseph Crawford, Laurence C Morse and Mark Pettie. View Insider Buying and Selling for Webster Financial.

Which institutional investors are buying Webster Financial stock?

WBS stock was purchased by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, BlackRock Inc., Polaris Capital Management LLC, Fort Washington Investment Advisors Inc. OH, Twin Tree Management LP, Artemis Investment Management LLP, Public Employees Retirement Association of Colorado and SG Americas Securities LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Webster Financial's stock price today?

One share of WBS stock can currently be purchased for approximately $59.76.

How big of a company is Webster Financial?

Webster Financial has a market capitalization of $5.57 billion and generates $1.17 billion in revenue each year. The financial services provider earns $255.43 million in net income (profit) each year or $2.59 on an earnings per share basis. Webster Financial employs 3,302 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]


MarketBeat Community Rating for Webster Financial (NYSE WBS)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  341 (Vote Outperform)
Underperform Votes:  484 (Vote Underperform)
Total Votes:  825
MarketBeat's community ratings are surveys of what our community members think about Webster Financial and other stocks. Vote "Outperform" if you believe WBS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WBS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/13/2018 by MarketBeat.com Staff

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