NYSE:WBSWebster Financial Stock Price, Forecast & News

$22.56

+1.33 (+6.26 %)

(As of 04/6/2020 01:09 PM ET)

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Today's Range

$22.06

Now: $22.56▼

$23.69

50-Day Range

$18.42

MA: $32.80▼

$47.92

52-Week Range

$18.16

Now: $22.56▼

$55.08

Volume35,399 shs

Average Volume1.39 million shs

Market Capitalization$2.07 billion

P/E Ratio5.54

Dividend Yield7.54%

Beta1.68

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. This segment also offers relationship banking services for high net worth clients, not-for-profit organizations, and business clients with deposit and loan products; and asset management, financial planning, and trust services. 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/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 provides telephone and mobile banking services, as well as through its Website. As of February 21, 2019, it operated 157 banking centers and 316 ATMs. Webster Financial Corporation was founded in 1935 and is headquartered in Waterbury, Connecticut.

Beat the Market (BTM) Rank^™

4.3 Analyst's Opinion

Consensus Rating
Webster Financial has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $44.64, Webster Financial has a potential upside of 97.9% from its current price of $22.56.
Amount of Analyst Coverage
Webster Financial has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.2 Community Rank

Outperform Votes
Webster Financial has received 463 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Webster Financial has received 575 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Webster Financial has received 55.39% “underperform” votes from our community.

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.

4.2 Dividend Strength

Dividend Leadership
Webster Financial is a leading dividend payer. It pays a dividend yield of 7.54%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Webster Financial has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of Webster Financial is 39.31 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Webster Financial will have a dividend payout ratio of 48.34 % next year. This indicates that Webster Financial will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Webster Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $106,973.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.46% of the stock of Webster Financial is held by insiders.
Percentage Held by Institutions
89.82% of the stock of Webster Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8 Earnings and Valuation

Earnings Growth
Earnings for Webster Financial are expected to grow by 1.53% in the coming year, from $3.26 to $3.31 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Webster Financial is 5.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.68.
Price to Earnings Ratio vs. Sector
The P/E ratio of Webster Financial is 5.54, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 12.02.
Price to Earnings Growth Ratio
Webster Financial has a PEG Ratio of 0.81. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Webster Financial has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

3.69 out of 5 stars

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 Ratio0.81

Current Ratio0.84

Quick Ratio0.84

Price-To-Earnings

Trailing P/E Ratio5.54

Forward P/E Ratio6.92

P/E Growth0.81

Sales & Book Value

Annual Sales$1.44 billion

Price / Sales1.44

Cash Flow$5.44 per share

Price / Cash Flow4.15

Book Value$33.28 per share

Price / Book0.68

Profitability

EPS (Most Recent Fiscal Year)$4.07

Net Income$382.72 million

Net Margins26.57%

Return on Equity12.99%

Return on Assets1.31%

Miscellaneous

Employees3,298

Outstanding Shares91,630,000

Market Cap$2.07 billion

Next Earnings Date4/16/2020 (Estimated)

OptionableOptionable

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Webster Financial (NYSE:WBS) Frequently Asked Questions

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 reached pandemic status according to the World Health Organization. Since then, WBS shares have decreased by 26.5% and is now trading at $22.56. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Webster Financial?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Webster Financial in the last year. There are currently 4 hold ratings, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Webster Financial.

When is Webster Financial's next earnings date?

Webster Financial is scheduled to release its next quarterly earnings announcement on Thursday, April 16th 2020. View our earnings forecast for Webster Financial.

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 for the quarter, missing the Thomson Reuters' 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 12.99% and a net margin of 26.57%. The company's revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.05 EPS. 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, January 28th. Investors of record on Tuesday, February 11th will be paid a dividend of $0.40 per share on Tuesday, February 25th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 7.09%. The ex-dividend date of this dividend is Monday, February 10th. View Webster Financial's dividend history.

What price target have analysts set for WBS?

9 brokerages have issued 12 month target prices for Webster Financial's stock. Their forecasts range from $27.00 to $62.00. On average, they expect Webster Financial's stock price to reach $44.64 in the next twelve months. This suggests a possible upside of 97.9% from the stock's current price. View analysts' price targets for Webster Financial.

Has Webster Financial been receiving favorable news coverage?

News coverage about WBS stock has trended very negative recently, according to InfoTrie Sentiment Analysis. The research group rates 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 positive five, with scores closest to five being the most favorable. Webster Financial earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutWebster Financial.

Are investors shorting Webster Financial?

Webster Financial saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 2,610,000 shares, an increase of 18.1% from the February 13th total of 2,210,000 shares. Based on an average daily volume of 582,800 shares, the short-interest ratio is currently 4.5 days. Currently, 2.9% of the company's shares 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 Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), SVB Financial Group (SIVB), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), Signature Bank (SBNY) and First Financial Bankshares (FFIN).

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), Altria Group (MO), Occidental Petroleum (OXY), Exxon Mobil (XOM), Intel (INTC), Duke Energy (DUK), Consolidated Edison (ED) and Enterprise Products Partners (EPD).

Who are Webster Financial's key executives?

Webster Financial's management team includes the following 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)

What is Webster Financial's stock symbol?

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

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 $22.56.

How big of a company is Webster Financial?

Webster Financial has a market capitalization of $2.07 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. Webster Financial employs 3,298 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]

This page was last updated on 4/6/2020 by MarketBeat.com Staff

NYSE:WBSWebster Financial Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

4.3 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage

2.2 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

4.2 Dividend Strength

Dividend Leadership

Dividend Growth

Dividend Coverage

Dividend Sustainability