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S&P 500   4,122.47
DOW   32,774.41
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Are Medtronic And Intuitive Surgical Poised For Big Growth?
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
NYSE:WBS

Webster Financial - WBS Stock Forecast, Price & News

$46.31
+0.11 (+0.24%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$45.73
$46.37
50-Day Range
$41.78
$50.74
52-Week Range
$40.72
$65.00
Volume
538,434 shs
Average Volume
1.37 million shs
Market Capitalization
$8.32 billion
P/E Ratio
14.99
Dividend Yield
3.46%
Price Target
$61.25

Webster Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
32.3% Upside
$61.25 Price Target
Short Interest
Bearish
2.56% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.50
Upright™ Environmental Score
News Sentiment
-0.12mentions of Webster Financial in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$419,590 Sold Last Quarter
Proj. Earnings Growth
15.11%
From $5.36 to $6.17 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.80 out of 5 stars

Finance Sector

235th out of 885 stocks

National Commercial Banks Industry

28th out of 84 stocks

WBS stock logo

About Webster Financial (NYSE:WBS) Stock

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 Retail Banking. The Commercial Banking segment provides lending, deposit, and cash management services; commercial and industrial lending and leasing, commercial real estate lending, equipment financing, and asset-based lending, as well as treasury and payment services; wealth management solutions to business owners, operators, and consumers; and trust, asset management, financial planning, insurance, retirement, and investment products. The HSA Bank segment offers health savings accounts, health reimbursement arrangements, flexible spending accounts, and commuter services that are distributed directly to employers and individual consumers, as well as through national and regional insurance carriers, consultants, and financial advisors. The Retail Banking segment provides deposit and fee-based services, residential mortgages, home equity lines, secured and unsecured loans, and credit cards to consumers. The company also offers online and mobile banking services. As of December 31, 2021, it operated 130 banking centers and 251 ATMs. The company was founded in 1935 and is headquartered in Stamford, Connecticut.

Webster Financial Stock Down 0.3 %

Shares of WBS traded down $0.14 during mid-day trading on Tuesday, reaching $46.06. The company's stock had a trading volume of 8,665 shares, compared to its average volume of 963,856. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.85 and a quick ratio of 0.85. Webster Financial has a 12-month low of $40.72 and a 12-month high of $65.00. The stock has a market cap of $8.27 billion, a PE ratio of 14.95 and a beta of 1.30. The company's 50 day moving average is $45.17 and its 200 day moving average is $51.14.

Webster Financial (NYSE:WBS - Get Rating) last announced its quarterly earnings results on Thursday, July 21st. The financial services provider reported $1.29 EPS for the quarter, beating the consensus estimate of $1.25 by $0.04. The company had revenue of $607.60 million for the quarter, compared to analyst estimates of $602.36 million. Webster Financial had a net margin of 20.70% and a return on equity of 11.53%. The firm's revenue was up 106.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.21 earnings per share. Equities analysts anticipate that Webster Financial will post 5.36 EPS for the current fiscal year.

Webster Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 17th. Investors of record on Tuesday, August 2nd will be given a $0.40 dividend. The ex-dividend date of this dividend is Monday, August 1st. This represents a $1.60 dividend on an annualized basis and a yield of 3.47%. Webster Financial's dividend payout ratio (DPR) is presently 51.78%.

Analyst Ratings Changes

Several research firms have recently commented on WBS. Raymond James lowered their price objective on shares of Webster Financial from $73.00 to $57.00 and set a "strong-buy" rating for the company in a research note on Thursday, July 7th. Wedbush downgraded shares of Webster Financial from an "outperform" rating to a "neutral" rating and set a $50.00 price target for the company. in a research note on Thursday, June 30th. Jefferies Financial Group decreased their target price on Webster Financial from $62.00 to $55.00 in a report on Monday, July 11th. StockNews.com cut Webster Financial from a "hold" rating to a "sell" rating in a research note on Monday, May 2nd. Finally, Compass Point reduced their price target on Webster Financial to $77.00 in a research report on Friday, July 22nd. One research analyst has rated the stock with a sell rating, three have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $61.25.

Insider Buying and Selling at Webster Financial

In other news, insider Javier L. Evans sold 1,005 shares of Webster Financial stock in a transaction dated Tuesday, May 17th. The stock was sold at an average price of $47.91, for a total transaction of $48,149.55. Following the sale, the insider now owns 36,904 shares in the company, valued at $1,768,070.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider Javier L. Evans sold 1,005 shares of the stock in a transaction that occurred on Tuesday, May 17th. The stock was sold at an average price of $47.91, for a total value of $48,149.55. Following the completion of the sale, the insider now directly owns 36,904 shares of the company's stock, valued at $1,768,070.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Luis Massiani sold 8,000 shares of Webster Financial stock in a transaction on Friday, August 5th. The shares were sold at an average price of $46.43, for a total transaction of $371,440.00. Following the completion of the transaction, the chief operating officer now directly owns 152,910 shares in the company, valued at $7,099,611.30. The disclosure for this sale can be found here. 1.85% of the stock is currently owned by insiders.

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WBS Stock News Headlines

Webster Financial Co. (NYSE:WBS) COO Sells $371,440.00 in Stock
Webster Financial Q2 Adj. EPS Tops Estimates
Webster Financial (WBS) to Release Earnings on Thursday
Webster Raises Prime Lending Rate to 4.75 Percent
Stock Wars: M&T Bank Vs. Webster Financial
Webster Raises Prime Lending Rate to 4.00 Percent
See More Headlines
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WBS Company Calendar

Ex-Dividend for 5/27 Dividend
5/11/2022
Dividend Payable
5/27/2022
Last Earnings
7/21/2022
Ex-Dividend for 8/17 Dividend
8/01/2022
Today
8/10/2022
Dividend Payable
8/17/2022
Next Earnings (Estimated)
10/20/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
CUSIP
94789010
Employees
3,245
Year Founded
1986

Price Target and Rating

Average Stock Price Forecast
$61.25
High Stock Price Forecast
$77.00
Low Stock Price Forecast
$50.00
Forecasted Upside/Downside
+32.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$408.86 million
Pretax Margin
25.27%

Debt

Sales & Book Value

Annual Sales
$1.27 billion
Cash Flow
$6.87 per share
Book Value
$36.36 per share

Miscellaneous

Free Float
176,282,000
Market Cap
$8.32 billion
Optionable
Optionable
Beta
1.30

Social Links















WBS Stock - Frequently Asked Questions

Should I buy or sell Webster Financial stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Webster Financial in the last year. There are currently 3 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" WBS shares.
View WBS analyst ratings
or view top-rated stocks.

What is Webster Financial's stock price forecast for 2022?

6 brokers have issued 12 month price targets for Webster Financial's stock. Their WBS share price forecasts range from $50.00 to $77.00. On average, they expect the company's stock price to reach $61.25 in the next year. This suggests a possible upside of 32.3% from the stock's current price.
View analysts price targets for WBS
or view top-rated stocks among Wall Street analysts.

How has Webster Financial's stock price performed in 2022?

Webster Financial's stock was trading at $55.84 at the beginning of 2022. Since then, WBS stock has decreased by 17.1% and is now trading at $46.31.
View the best growth stocks for 2022 here
.

When is Webster Financial's next earnings date?

Webster Financial is scheduled to release its next quarterly earnings announcement on Thursday, October 20th 2022.
View our WBS earnings forecast
.

How were Webster Financial's earnings last quarter?

Webster Financial Co. (NYSE:WBS) posted its earnings results on Thursday, July, 21st. The financial services provider reported $1.29 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.04. The financial services provider had revenue of $607.60 million for the quarter, compared to the consensus estimate of $602.36 million. Webster Financial had a net margin of 20.70% and a trailing twelve-month return on equity of 11.53%. The company's revenue for the quarter was up 106.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.21 EPS.

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

Webster Financial declared a quarterly dividend on Monday, July 18th. Stockholders of record on Tuesday, August 2nd will be given a dividend of $0.40 per share on Wednesday, August 17th. This represents a $1.60 dividend on an annualized basis and a yield of 3.45%. The ex-dividend date of this dividend is Monday, August 1st.
Read our dividend analysis for WBS
.

Is Webster Financial a good dividend stock?

Webster Financial (NYSE:WBS) pays an annual dividend of $1.60 per share and currently has a dividend yield of 3.46%. The dividend payout ratio is 51.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WBS will have a dividend payout ratio of 25.93% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WBS.

What is James C. Smith's approval rating as Webster Financial's CEO?

6 employees have rated Webster Financial Chief Executive Officer James C. Smith on Glassdoor.com. James C. Smith has an approval rating of 84% among the company's employees.

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 a variety of retail and institutional investors. Top institutional shareholders include Pzena Investment Management LLC (1.27%), Strs Ohio (0.37%), Frontier Capital Management Co. LLC (0.37%), Victory Capital Management Inc. (0.32%), Fort Washington Investment Advisors Inc. OH (0.31%) and Sumitomo Mitsui Trust Holdings Inc. (0.27%). Insiders that own company stock include Christopher J Motl, Daniel Bley, Elizabeth E Flynn, Glenn I Macinnes, Javier L Evans, John Joseph Crawford, John R Ciulla, Luis Massiani, Mark Pettie, Maureen Mitchell, Thomas X Geisel and William L Atwell.
View institutional ownership trends
.

How do I buy shares of Webster Financial?

Shares of WBS stock 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 $46.31.

How much money does Webster Financial make?

Webster Financial (NYSE:WBS) has a market capitalization of $8.32 billion and generates $1.27 billion in revenue each year. The financial services provider earns $408.86 million in net income (profit) each year or $3.09 on an earnings per share basis.

How many employees does Webster Financial have?

Webster Financial employs 3,245 workers across the globe.

When was Webster Financial founded?

Webster Financial was founded in 1986.

How can I contact Webster Financial?

Webster Financial's mailing address is 145 BANK STREET, WATERBURY CT, 06702. The official website for the company is public.websteronline.com. The financial services provider can be reached via phone at (203) 578-2202, via email at tmangan@websterbank.com, or via fax at 302-636-5454.

This page (NYSE:WBS) was last updated on 8/10/2022 by MarketBeat.com Staff

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