Webster Financial Stock Forecast, Price & News

Webster Financial (NYSE:WBS) Frequently Asked Questions

Is Webster Financial a buy right now?

10 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 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Webster Financial stock.
View analyst ratings for Webster Financial or view top-rated stocks.

How has Webster Financial's stock price been impacted by COVID-19?

Webster Financial's stock was trading at $30.71 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WBS stock has increased by 79.2% and is now trading at $55.04.
View which stocks have been most impacted by COVID-19.

When is Webster Financial's next earnings date?

Webster Financial is scheduled to release its next quarterly earnings announcement on Thursday, January 20th 2022.
View our earnings forecast for Webster Financial.

How were Webster Financial's earnings last quarter?

Webster Financial Co. (NYSE:WBS) posted its quarterly earnings data on Wednesday, October, 20th. The financial services provider reported $1.08 earnings per share for the quarter, meeting analysts' consensus estimates of $1.08. The financial services provider had revenue of $313.50 million for the quarter, compared to the consensus estimate of $296.90 million. Webster Financial had a trailing twelve-month return on equity of 13.22% and a net margin of 28.56%. The company's revenue was up 6.5% on a year-over-year basis. During the same period last year, the company earned $0.75 earnings per share.
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 26th. Stockholders of record on Tuesday, November 9th will be given a dividend of $0.40 per share on Tuesday, November 23rd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.91%. The ex-dividend date is Monday, November 8th.
View Webster Financial's dividend history.

Is Webster Financial a good dividend stock?

Webster Financial pays an annual dividend of $1.60 per share and currently has a dividend yield of 3.00%. Webster Financial has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Webster Financial is 41.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Webster Financial will have a dividend payout ratio of 32.52% next year. This indicates that Webster Financial will be able to sustain or increase its dividend.
View Webster Financial's dividend history.

What price target have analysts set for WBS?

10 Wall Street analysts have issued 1 year price targets for Webster Financial's shares. Their forecasts range from $50.00 to $68.00. On average, they expect Webster Financial's stock price to reach $58.55 in the next twelve months. This suggests a possible upside of 6.4% from the stock's current price.
View analysts' price targets for Webster Financial or view top-rated stocks among Wall Street analysts.

Who are Webster Financial's key executives?

Webster Financial's management team includes the following people:

• John R. Ciulla, Chairman, President & Chief Executive Officer
• Glenn I. MacInnes, Chief Financial Officer & Executive Vice President
• Karen A. Higgins-Carter, Chief Information Officer & Executive VP
• Harriet Munrett Wolfe, Secretary, Executive VP & General Counsel
• Christopher Motl, Executive Vice President & Head-Commercial Banking

What is James C. Smith's approval rating as Webster Financial's CEO?

6 employees have rated Webster Financial CEO James C. Smith on Glassdoor.com. James C. Smith has an approval rating of 84% among Webster Financial's employees.

Who are some of Webster Financial's key competitors?

Some companies that are related to Webster Financial include The PNC Financial Services Group (PNC), Truist Financial (TFC), SVB Financial Group (SIVB), First Republic Bank (FRC), Fifth Third Bancorp (FITB), Huntington Bancshares (HBAN), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Signature Bank (SBNY), Western Alliance Bancorporation (WAL), East West Bancorp (EWBC), Zions Bancorporation, National Association (ZION), First Horizon (FHN) and Commerce Bancshares (CBSH).
View all of WBS's 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).

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 variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.73%), Wasatch Advisors Inc. (4.60%), Macquarie Group Ltd. (4.01%), Alliancebernstein L.P. (3.30%), Pzena Investment Management LLC (2.51%) and Bank of New York Mellon Corp (2.18%). Company insiders that own Webster Financial stock include Christopher J Motl, Daniel Bley, Elizabeth E Flynn, Glenn I Macinnes, 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 Macquarie Group Ltd., Balyasny Asset Management LLC, Balyasny Asset Management LLC, UBS Group AG, MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income, Fort Washington Investment Advisors Inc. OH, BNP Paribas Arbitrage SA, and Alliancebernstein L.P.. Company insiders that have sold Webster Financial company stock in the last year include Christopher J Motl, Daniel Bley, and Mark Pettie.
View insider buying and selling activity for Webster Financial or view top insider-selling stocks.

Which institutional investors are buying Webster Financial stock?

WBS stock was acquired by a variety of institutional investors in the last quarter, including Verition Fund Management LLC, rhino investment partners Inc, Wasatch Advisors Inc., Captrust Financial Advisors, Renaissance Technologies LLC, Polar Capital Holdings Plc, Cramer Rosenthal Mcglynn LLC, and Deprince Race & Zollo Inc.. 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 or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Webster Financial's stock price today?

One share of WBS stock can currently be purchased for approximately $55.04.

How much money does Webster Financial make?

Webster Financial has a market capitalization of $4.99 billion and generates $1.29 billion in revenue each year. The financial services provider earns $220.62 million in net income (profit) each year or $3.85 on an earnings per share basis.

How many employees does Webster Financial have?

Webster Financial employs 3,345 workers across the globe.

When was Webster Financial founded?

Webster Financial was founded in 1986.

What is Webster Financial's official website?

The official website for Webster Financial is public.websteronline.com.

Where are Webster Financial's headquarters?

Webster Financial is headquartered at 145 BANK STREET, WATERBURY CT, 06702.

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, via email at [email protected], or via fax at 302-636-5454.