NYSE:WBSWebster Financial Stock Price, Forecast & News

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 (WHO). Since then, WBS stock has decreased by 19.6% and is now trading at $24.69. View which stocks have been mosted impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Webster Financial in the last year. There are currently 5 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.

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

Webster Financial Co. (NYSE:WBS) issued its quarterly earnings data on Thursday, January, 23rd. The financial services provider reported $0.96 earnings per share 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 12.99% and a net margin of 26.57%. The firm's revenue for the quarter 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.

Webster Financial declared a quarterly dividend on Tuesday, January 28th. Shareholders 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 6.48%. The ex-dividend date of this dividend is Monday, February 10th. View Webster Financial's dividend history.

10 analysts have issued 1 year target prices for Webster Financial's stock. Their forecasts range from $22.50 to $62.00. On average, they anticipate Webster Financial's share price to reach $41.00 in the next year. This suggests a possible upside of 66.1% from the stock's current price. View analysts' price targets for Webster Financial.

Media coverage about WBS stock has trended very negative on Tuesday, according to InfoTrie. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Webster Financial earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutWebster Financial.

Webster Financial saw a increase in short interest during 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 trading volume of 582,800 shares, the short-interest ratio is currently 4.5 days. Currently, 2.9% of the company's shares are short sold. View Webster Financial's Current Options Chain.

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), Regions Financial (RF), KeyCorp (KEY), 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).

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), Duke Energy (DUK), Consolidated Edison (ED), Enterprise Products Partners (EPD) and Energy Transfer LP Unit (ET).

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

Webster Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (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, John R Ciulla, Laurence C Morse and Mark Pettie. View institutional ownership trends for Webster Financial.

WBS stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. View insider buying and selling activity 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 $24.69.

Webster Financial has a market capitalization of $2.26 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.

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]