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

$48.87

-2.73 (-5.29 %)

(As of 01/24/2020 02:52 AM ET)

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Today's Range

$47.65

Now: $48.87▼

$49.72

50-Day Range

$48.87

MA: $52.38▼

$53.60

52-Week Range

$42.29

Now: $48.87▼

$58.25

Volume1.41 million shs

Average Volume475,170 shs

Market Capitalization$4.50 billion

P/E Ratio11.75

Dividend Yield3.10%

Beta1.32

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. Read More…

Industry, Sector and Symbol

Stock Exchange NYSE

Industry National commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNYSE:WBS

Previous Symbol

CUSIP94789010

CIK801337

Webhttp://public.websteronline.com/

Phone203-578-2202

Debt

Debt-to-Equity Ratio0.65

Current Ratio0.81

Quick Ratio0.81

Price-To-Earnings

Trailing P/E Ratio11.75

Forward P/E Ratio11.98

P/E Growth1.68

Sales & Book Value

Annual Sales$1.34 billion

Price / Sales3.36

Cash Flow$4.55 per share

Price / Cash Flow10.73

Book Value$29.72 per share

Price / Book1.64

Profitability

EPS (Most Recent Fiscal Year)$3.74

Net Income$360.42 million

Net Margins27.14%

Return on Equity13.49%

Return on Assets1.35%

Miscellaneous

Employees3,265

Outstanding Shares92,032,000

Market Cap$4.50 billion

Next Earnings DateN/A

OptionableOptionable

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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 29th. Stockholders 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 dividend yield of 3.27%. The ex-dividend date of this dividend is Friday, November 8th. View Webster Financial's Dividend History.

How were Webster Financial's earnings last quarter?

Webster Financial Co. (NYSE:WBS) announced its quarterly earnings results on Thursday, January, 23rd. The financial services provider reported $0.96 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.97 by $0.01. The financial services provider earned $302.20 million during the quarter, compared to analyst estimates of $308.90 million. Webster Financial had a return on equity of 13.49% and a net margin of 27.14%. The firm's revenue was down 2.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.05 EPS. View Webster Financial's Earnings History.

What price target have analysts set for WBS?

8 Wall Street analysts have issued 12 month target prices for Webster Financial's shares. Their forecasts range from $42.00 to $62.00. On average, they expect Webster Financial's share price to reach $51.40 in the next year. This suggests a possible upside of 5.2% from the stock's current price. View Analyst Price Targets for Webster Financial.

What is the consensus analysts' recommendation for Webster Financial?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Webster Financial in the last year. There are currently 1 sell rating, 5 hold ratings and 2 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 underperformed the industry in the past six months. Also, earnings estimates have been revised downward ahead of the third quarter results. However, persistently rising costs are a major concern, which might be further elevated by the company's efforts to strengthen the HSA Bank segment. Also, high exposure in residential and commercial real estate loans can be risky if the housing sector weakens. Nevertheless, it possesses an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the trailing four quarters. Webster Financial’s continued growth in loans and deposits will support profitability. Further, top-line strength and ample liquidity keep the optimism alive. Additionally, the company's margins are expected to continue benefiting from decent lending scenario." (10/19/2019)
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 (13.6x vs. 11.1x) and price-to-tangible book (2.4x vs. 1.8x). Webster’s asset-sensitive balance sheet and commercial growth engine continue to produce strong core results. With an 84% loan-to-deposit ratio, >70% of loans pricing on a floating or periodic basis, and a 0.70% cost of funds, the bank is well positioned to reap the benefits of any additional increases in interest rates. While we remain complimentary of the bank’s strategy to harness the strengths of its commercial bank and HSA business lines, we think profitability improvements will occur at a steady pace as opposed to larger jumps. Thus, we believe the stock is fairly valued today and do not see any catalysts that would warrant above average P/E multiple expansion." (1/24/2019)

Has Webster Financial been receiving favorable news coverage?

News articles about WBS stock have been trending somewhat positive recently, according to InfoTrie. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Webster Financial earned a news sentiment score of 1.5 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Webster Financial.

Are investors shorting Webster Financial?

Webster Financial saw a drop in short interest during the month of December. As of December 31st, there was short interest totalling 2,390,000 shares, a drop of 9.1% from the December 15th total of 2,630,000 shares. Based on an average daily trading volume, of 544,400 shares, the days-to-cover ratio is presently 4.4 days. Currently, 2.6% of the shares of the stock are sold short. View Webster Financial's Current Options Chain.

Who are some of Webster Financial's key competitors?

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), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), TCF Financial (TCF) and East West Bancorp (EWBC).

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 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).

Who are Webster Financial's key executives?

Webster Financial's management team includes the folowing people:

Mr. John R. Ciulla, Pres, CEO & Director (Age 53)
Mr. Glenn I. MacInnes, Exec. VP & CFO (Age 58)
Mr. Nitin J. Mhatre, Exec. VP & Head of Community Banking (Age 48)
Mr. Charles L. Wilkins, Exec. VP (Age 57)
Mr. Christopher J. Motl, Exec. VP & Head of Commercial Banking (Age 48)

Who are Webster Financial's major shareholders?

Webster Financial's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Artemis Investment Management LLP (0.37%), Smith Graham & Co. Investment Advisors LP (0.18%), Janney Montgomery Scott LLC (0.03%), Cardinal Capital Management (0.03%), Mitsubishi UFJ Asset Management UK Ltd. (0.03%) and Ridgewood Investments LLC (0.02%). 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.

Which institutional investors are selling Webster Financial stock?

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, 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.

Which institutional investors are buying Webster Financial stock?

WBS stock was acquired 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.

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 $48.87.

How big of a company is Webster Financial?

Webster Financial has a market capitalization of $4.50 billion and generates $1.34 billion in revenue each year. The financial services provider earns $360.42 million in net income (profit) each year or $3.74 on an earnings per share basis. Webster Financial employs 3,265 workers across the globe.View Additional Information About Webster Financial.

What is Webster Financial's official website?

The official website for Webster Financial is http://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:		2.2 out of 5 ( )
Outperform Votes:		450 (Vote Outperform)
Underperform Votes:		561 (Vote Underperform)
Total Votes:		1,011

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 1/24/2020 by MarketBeat.com Staff

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