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

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

Webster Financial announced 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 3.44%. The ex-dividend date is Monday, February 10th. View Webster Financial's Dividend History.

Webster Financial Co. (NYSE:WBS) announced 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 company's revenue for the quarter was down 2.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.05 EPS. View Webster Financial's Earnings History.

Webster Financial is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for Webster Financial.

8 brokers have issued 12-month price targets for Webster Financial's shares. Their forecasts range from $46.50 to $62.00. On average, they expect Webster Financial's share price to reach $52.42 in the next year. This suggests a possible upside of 12.7% from the stock's current price. View Analyst Price Targets for Webster Financial.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Webster Financial in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Webster Financial.

Media coverage about WBS stock has been trending somewhat negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of 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 -1.0 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press 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.

Webster Financial saw a drop in short interest in the month of January. As of January 15th, there was short interest totalling 2,390,000 shares, a drop of 9.1% from the December 31st total of 2,630,000 shares. Based on an average daily trading volume, of 529,500 shares, the days-to-cover ratio is currently 4.5 days. Currently, 2.6% of the shares of the company are short sold. View Webster Financial's Current Options Chain.

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), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), East West Bancorp (EWBC) and TCF Financial (TCF).

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).

Webster Financial's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (3.30%), Bank of New York Mellon Corp (2.99%), Alliancebernstein L.P. (2.75%), Pzena Investment Management LLC (2.17%), Nitorum Capital L.P. (1.98%) and Capital Research Global Investors (1.94%). 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 sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Renaissance Technologies LLC, Capital International Investors, Janus Henderson Group PLC, Goldman Sachs Group Inc., Bayview Asset Management LLC, Schroder Investment Management Group and State Street Corp. Company insiders that have sold Webster Financial company stock in the last year include Daniel Bley, John Joseph Crawford and Mark Pettie. View Insider Buying and Selling for Webster Financial.

WBS stock was purchased by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Thrivent Financial for Lutherans, Vaughan Nelson Investment Management L.P., River Road Asset Management LLC, Bank of New York Mellon Corp, Alliancebernstein L.P., UBS Asset Management Americas Inc. and Great West Life Assurance Co. Can. View Insider Buying and Selling 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 $46.53.

Webster Financial has a market capitalization of $4.28 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 3,265 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]