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, October 29th. Investors of record on Tuesday, November 12th will be paid a dividend of $0.40 per share on Tuesday, November 26th. This represents a $1.60 annualized dividend and a yield of 3.27%. The ex-dividend date of this dividend is Friday, November 8th. View Webster Financial's Dividend History.

Webster Financial Co. (NYSE:WBS) posted its earnings results on Thursday, January, 23rd. The financial services provider reported $0.96 earnings per share for the quarter, missing analysts' consensus estimates 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. Webster Financial had a return on equity of 13.15% and a net margin of 26.57%. The firm's quarterly revenue was down 2.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.05 EPS. 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 brokers have issued 12-month target prices for Webster Financial's stock. Their forecasts range from $46.50 to $62.00. On average, they anticipate Webster Financial's stock price to reach $52.42 in the next twelve months. This suggests a possible upside of 7.2% 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.

News coverage about WBS stock has been trending extremely negative this week, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by monitoring 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 news impact score of -4.5 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Webster Financial.

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

Some companies that are related to Webster Financial include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC) and TCF Financial (TCF).

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 a variety of of retail and institutional investors. Top institutional investors include Artemis Investment Management LLP (0.37%), Smith Graham & Co. Investment Advisors LP (0.18%), New York State Teachers Retirement System (0.17%), Janney Montgomery Scott LLC (0.03%), Cardinal Capital Management (0.03%) and Mitsubishi UFJ Asset Management UK Ltd. (0.03%). 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, 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 Artemis Investment Management LLP, Smith Graham & Co. Investment Advisors LP, New York State Teachers Retirement System, Pennsylvania Trust Co, State of Alaska Department of Revenue, First Midwest Bank Trust Division and Cardinal Capital Management. Company insiders that have sold Webster Financial company stock in the last year include Daniel Bley, James Copenhaver Smith, 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 Janney Montgomery Scott LLC, Mitsubishi UFJ Asset Management UK Ltd., Campbell & CO Investment Adviser LLC, Founders Capital Management LLC, First Hawaiian Bank, Cerebellum GP LLC, Ridgewood Investments LLC and Savior LLC. 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 $48.90.

Webster Financial has a market capitalization of $4.50 billion and generates $1.44 billion in revenue each year. The financial services provider earns $360.42 million in net income (profit) each year or $4.07 on an earnings per share basis. Webster Financial employs 3,265 workers across the globe.View Additional Information About Webster Financial.

The official website for Webster Financial is http://public.websteronline.com/.

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]