NYSE:WBS

Webster Financial Stock Forecast, Price & News

$55.19
-0.20 (-0.36 %)
(As of 05/6/2021 12:03 PM ET)
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Today's Range
$54.79
$55.86
50-Day Range
$50.55
$61.58
52-Week Range
$19.76
$63.81
Volume1,569 shs
Average Volume654,628 shs
Market Capitalization$4.99 billion
P/E Ratio18.90
Dividend Yield2.93%
Beta1.65
30 days | 90 days | 365 days | Advanced Chart
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Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP94789010
Phone203-578-2202
Employees3,345
Year Founded1986

Sales & Book Value

Annual Sales$1.44 billion
Cash Flow$9.98 per share
Book Value$33.28 per share

Profitability

Net Income$382.72 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$4.99 billion
Next Earnings Date7/22/2021 (Estimated)
OptionableOptionable

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Headlines

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Webster Financial logo

About Webster Financial

Webster Financial Corporation operates as the bank 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 of February 12, 2021, it operated 155 banking centers and 297 ATMs. Webster Financial Corporation was founded in 1935 and is headquartered in Waterbury, Connecticut.

MarketRank

Overall MarketRank

1.92 out of 5 stars

Finance Sector

244th out of 1,953 stocks

National Commercial Banks Industry

35th out of 164 stocks

Analyst Opinion: 1.4Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Webster Financial (NYSE:WBS) Frequently Asked Questions

Is Webster Financial a buy right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Webster Financial in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Webster Financial stock.
View analyst ratings for Webster Financial
or view top-rated stocks.

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 past winning trading ideas 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.

Are investors shorting Webster Financial?

Webster Financial saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,780,000 shares, an increase of 45.9% from the March 31st total of 1,220,000 shares. Based on an average trading volume of 638,700 shares, the short-interest ratio is presently 2.8 days. Currently, 2.0% of the shares of the company are short sold.
View Webster Financial's Short Interest
.

When is Webster Financial's next earnings date?

Webster Financial is scheduled to release its next quarterly earnings announcement on Thursday, July 22nd 2021.
View our earnings forecast for Webster Financial
.

How were Webster Financial's earnings last quarter?

Webster Financial Co. (NYSE:WBS) announced its quarterly earnings data on Sunday, April, 18th. The financial services provider reported $1.25 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.90 by $0.35. The financial services provider earned $300.50 million during the quarter, compared to analyst estimates of $299.54 million. Webster Financial had a trailing twelve-month return on equity of 9.30% and a net margin of 20.01%. The business's revenue was down 1.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.39 earnings per share.
View Webster Financial's earnings history
.

How has Webster Financial's stock been impacted by COVID-19 (Coronavirus)?

Webster Financial's stock was trading at $30.71 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WBS shares have increased by 79.7% and is now trading at $55.19.
View which stocks have been most impacted by COVID-19
.

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

Webster Financial announced a quarterly dividend on Wednesday, April 21st. Shareholders of record on Wednesday, May 5th will be paid a dividend of $0.40 per share on Wednesday, May 19th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date of this dividend is Tuesday, May 4th.
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 2.93%. Webster Financial does not yet have a strock track record of dividend growth. The dividend payout ratio of Webster Financial is 39.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Webster Financial will have a dividend payout ratio of 61.07% 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 equities research analysts have issued 1 year price targets for Webster Financial's stock. Their forecasts range from $37.00 to $63.00. On average, they anticipate Webster Financial's stock price to reach $53.09 in the next year. This suggests that the stock has a possible downside of 3.8%.
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:
  • Mr. John R. Ciulla, Chairman, Pres & CEO (Age 55, Pay $1.96M)
  • Mr. Glenn I. MacInnes, Exec. VP & CFO (Age 60, Pay $951.07k)
  • Mr. Nitin J. Mhatre, Advisor to Chief Exec. Officer (Age 50, Pay $985.65k)
  • Mr. Daniel H. Bley, Exec. VP & Chief Risk Officer (Age 52, Pay $714.19k)
  • Mr. Charles L. Wilkins, Exec. VP (Age 59, Pay $731.18k)
  • Mr. Christopher J. Motl, Exec. VP & Head of Commercial Banking (Age 50, Pay $1.07M)
  • Mr. Albert J. Wang CPA, CPA, Sr. VP & Chief Accounting Officer (Age 46)
  • Ms. Karen A. Higgins-Carter, Exec. VP & Chief Information Officer (Age 51)
  • Mr. Terrence K. Mangan, Sr. VP of Investor Relations
  • Ms. Harriet Munrett Wolfe Esq., Exec. VP, Gen. Counsel & Sec. (Age 68)

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?

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 many different institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (0.89%), Fort Washington Investment Advisors Inc. OH (0.21%), Smith Graham & Co. Investment Advisors LP (0.18%), Strs Ohio (0.17%), New York State Teachers Retirement System (0.16%) and MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income (0.15%). Company insiders that own Webster Financial stock include Christopher J Motl, Daniel Bley, Elizabeth E Flynn, Glenn I Macinnes, John Joseph Crawford, John R Ciulla, Mark Pettie and William L Atwell.
View institutional ownership trends for Webster Financial
.

Which major investors are selling Webster Financial stock?

WBS stock was sold by a variety of institutional investors in the last quarter, including MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income, Fisher Asset Management LLC, Victory Capital Management Inc., Fort Washington Investment Advisors Inc. OH, LSV Asset Management, Congress Asset Management Co. MA, New York State Teachers Retirement System, and State of New Jersey Common Pension Fund D. 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 major investors are buying Webster Financial stock?

WBS stock was purchased by a variety of institutional investors in the last quarter, including Stanley Laman Group Ltd., Envestnet Asset Management Inc., Hanlon Investment Management Inc., Meeder Asset Management Inc., Strs Ohio, Ingalls & Snyder LLC, Paragon Capital Management Ltd, and Nisa Investment Advisors LLC. 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.
Compare Top Brokerages Here.

What is Webster Financial's stock price today?

One share of WBS stock can currently be purchased for approximately $55.19.

How much money does Webster Financial make?

Webster Financial has a market capitalization of $4.99 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.

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 or via email at [email protected]


This page was last updated on 5/6/2021 by MarketBeat.com Staff
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