Webster Financial Stock Price, News & Analysis (NYSE:WBS)

$48.38
+0.65 (+1.36 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$48.02
Now: $48.38
$48.88
50-Day Range
$43.15
MA: $46.41
$49.72
52-Week Range
$42.62
Now: $48.38
$63.34
Volume601,756 shs
Average Volume569,733 shs
Market Capitalization$4.46 billion
P/E Ratio12.94
Dividend Yield3.35%
Beta1.29
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

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP94789010
Phone203-578-2202

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.34 billion
Cash Flow$4.8139 per share
Book Value$29.72 per share

Profitability

Net Income$360.42 million

Miscellaneous

Employees3,265
Market Cap$4.46 billion
Next Earnings Date10/17/2019 (Estimated)
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 Monday, July 22nd. Shareholders of record on Monday, August 5th will be given a dividend of $0.40 per share on Monday, August 19th. This represents a $1.60 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date of this dividend is Friday, August 2nd. View Webster Financial's Dividend History.

How were Webster Financial's earnings last quarter?

Webster Financial Co. (NYSE:WBS) issued its quarterly earnings data on Thursday, July, 18th. The financial services provider reported $1.05 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.03 by $0.02. The financial services provider had revenue of $317.60 million for the quarter, compared to analyst estimates of $312.36 million. Webster Financial had a net margin of 27.99% and a return on equity of 13.80%. The business's quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.86 earnings per share. View Webster Financial's Earnings History.

When is Webster Financial's next earnings date?

Webster Financial is scheduled to release their next quarterly earnings announcement on Thursday, October 17th 2019. View Earnings Estimates for Webster Financial.

What price target have analysts set for WBS?

5 brokers have issued twelve-month price targets for Webster Financial's stock. Their forecasts range from $51.00 to $63.00. On average, they expect Webster Financial's share price to reach $58.6667 in the next year. This suggests a possible upside of 21.3% from the stock's current price. View Analyst Price Targets for Webster Financial.

What is the consensus analysts' recommendation for Webster Financial?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Webster Financial in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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 underperformed the industry in the last six months. Yet, the company possesses an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in the trailing four quarters. Webster Financial’s continued growth in loans and deposits will aid profitability. Furthermore, top-line strength and ample liquidity keep the optimism alive. Also, the rising interest-rate environment and lower tax rates will aid bottom-line growth. However, persistently rising cost base is a major concern, which might be further elevated by the company's efforts to strengthen the HSA Bank segment. Further, high exposure in commercial and commercial real estate loans can be risky for the company if the housing sector weakens. Unsustainable capital deployment activities might remain a headwind." (7/5/2019)
  • 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?

Media coverage about WBS stock has been trending negative on Friday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Webster Financial earned a news sentiment score of -2.9 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Webster Financial.

Are investors shorting Webster Financial?

Webster Financial saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 3,989,000 shares, an increase of 18.8% from the July 31st total of 3,356,600 shares. Based on an average daily volume of 671,100 shares, the short-interest ratio is presently 5.9 days. Currently, 4.4% of the shares of the stock are short sold. View Webster Financial's Current Options Chain.

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 BP (BP), Verizon Communications (VZ), Duke Energy (DUK), Magellan Midstream Partners (MMP), Oasis Petroleum (OAS), AT&T (T), Enterprise Products Partners (EPD), Ford Motor (F), National Grid (NGG) and Occidental Petroleum (OXY).

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 many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.96%), BlackRock Inc. (9.35%), BlackRock Inc. (9.35%), Price T Rowe Associates Inc. MD (7.15%), Bank of New York Mellon Corp (2.71%) and Wasatch Advisors Inc. (2.17%). 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, Karen R Osar, 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 Price T Rowe Associates Inc. MD, Janus Henderson Group PLC, Janus Henderson Group PLC, Invesco Ltd., BlackRock Inc., BlackRock Inc., M.D. Sass Investors Services Inc. and Penn Capital Management Co. Inc.. Company insiders that have sold Webster Financial company stock in the last year include Daniel Bley, James Copenhaver Smith and John Joseph Crawford. View Insider Buying and Selling for Webster Financial.

Which institutional investors are buying Webster Financial stock?

WBS stock was purchased by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Nuveen Asset Management LLC, Bayview Asset Management LLC, Renaissance Technologies LLC, Bank of New York Mellon Corp, Marshall Wace North America L.P., Marshall Wace LLP and Waddell & Reed Financial Inc.. 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 $48.38.

How big of a company is Webster Financial?

Webster Financial has a market capitalization of $4.46 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 (star star)
Outperform Votes:  426 (Vote Outperform)
Underperform Votes:  536 (Vote Underperform)
Total Votes:  962
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 9/20/2019 by MarketBeat.com Staff

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