NYSE:WBS

Webster Financial - WBS Stock Forecast, Price & News

$47.95

-1.87 (-3.75%)

(As of 12/6/2022 12:00 AM ET)

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Today's Range: $47.58
▼
$50.08
50-Day Range: $44.67
▼
$55.40
52-Week Range: $40.72
▼
$65.00

Volume: 1.73 million shs
Average Volume: 1.20 million shs
Market Capitalization: $8.34 billion

P/E Ratio: 14.23
Dividend Yield: 3.21%
Price Target: $58.29

Webster Financial MarketRank™ Forecast

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 24.6% Upside
$59.75 Price Target
Short Interest: Healthy
2.34% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.50
Upright™ Environmental Score
News Sentiment: 0.20
Based on 7 Articles This Week
Insider Trading: Selling Shares
$947,000 Sold Last Quarter
Proj. Earnings Growth: 16.37%
From $5.68 to $6.61 Per Share

Overall MarketRank^™

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

2.95 out of 5 stars

Finance Sector

90th out of 872 stocks

National Commercial Banks Industry

13th out of 85 stocks

2.3

Analyst's Opinion

Consensus Rating
Webster Financial has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $59.75, Webster Financial has a forecasted upside of 24.6% from its current price of $47.95.
Amount of Analyst Coverage
Webster Financial has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.34% of the outstanding shares of Webster Financial have been sold short.
Short Interest Ratio / Days to Cover
Webster Financial has a short interest ratio ("days to cover") of 4.3.
Change versus previous month
Short interest in Webster Financial has recently decreased by 17.07%, indicating that investor sentiment is improving significantly.

4.2

Dividend Strength

Dividend Yield
Webster Financial pays a meaningful dividend of 3.21%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Webster Financial has been increasing its dividend for 10 years.
Dividend Coverage
The dividend payout ratio of Webster Financial is 47.48%. 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 24.21% next year. This indicates that Webster Financial will be able to sustain or increase its dividend.

3.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Webster Financial has received a 40.42% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", "Home equity loans", "Consumer savings accounts provided by brick and mortar banks", and "Commercial deposit accounts" products. See details.
Environmental Sustainability
The Environmental Impact score for Webster Financial is -0.50.

2.3

News and Social Media Coverage

News Sentiment
Webster Financial has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Webster Financial this week, compared to 2 articles on an average week.
Search Interest
6 people have searched for WBS on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Webster Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Webster Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $947,000.00 in company stock.
Percentage Held by Insiders
Only 1.85% of the stock of Webster Financial is held by insiders.
Percentage Held by Institutions
85.98% of the stock of Webster Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Webster Financial are expected to grow by 16.37% in the coming year, from $5.68 to $6.61 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Webster Financial is 14.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.45.
Price to Earnings Ratio vs. Sector
The P/E ratio of Webster Financial is 14.23, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 173.01.
Price to Book Value per Share Ratio
Webster Financial has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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.

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WBS Stock News Headlines

December 7, 2022 | americanbankingnews.com

Webster Financial (NYSE:WBS) Now Covered by Morgan Stanley

December 5, 2022 | markets.businessinsider.com

Webster Bank To Acquire InterLINK - Quick Facts

December 5, 2022 | finance.yahoo.com

Beat the Market Like Zacks: Novo Nordisk, Axon, General Mills in Focus

December 4, 2022 | americanbankingnews.com

Brokerages Set Webster Financial Co. (NYSE:WBS) PT at $58.29

December 1, 2022 | finance.yahoo.com

Brio Direct Bank Review 2022: Competitive APYs on savings and CDs, but no checking account option and steep fees for funds transfers

November 28, 2022 | finance.yahoo.com

Here's Why Webster Financial (WBS) is a Strong Growth Stock

November 18, 2022 | markets.businessinsider.com

HSA Bank Acquires Health Savings Accounts from Inland Bank and Trust

November 17, 2022 | seekingalpha.com

Webster Financial unit acquires 4.8K health savings accounts from Inland Bank

November 10, 2022 | seekingalpha.com

Webster Financial: Outlook Remains Bright For Both Loan Growth And Margin Expansion

November 3, 2022 | finance.yahoo.com

Zacks.com featured highlights include Vital Farms, Coupang and Webster Financial

November 2, 2022 | finance.yahoo.com

Webster Raises Prime Lending Rate to 7.00 Percent

October 30, 2022 | finance.yahoo.com

Should You Buy Webster Financial Corporation (NYSE:WBS) For Its Upcoming Dividend?

October 29, 2022 | finance.yahoo.com

Webster Financial (NYSE:WBS) Is Paying Out A Dividend Of $0.40

October 21, 2022 | finance.yahoo.com

Webster Financial (WBS) Stock Rises 2%, Q3 Earnings Beat

October 20, 2022 | seekingalpha.com

Webster Financial Corporation (WBS) Q3 2022 Earnings Call Transcript

October 20, 2022 | finance.yahoo.com

Does Webster Financial (WBS) Have the Potential to Rally 26% as Wall Street Analysts Expect?

October 20, 2022 | markets.businessinsider.com

Webster Financial Q3 Profit Climbs

October 20, 2022 | finance.yahoo.com

WEBSTER REPORTS THIRD QUARTER 2022 EPS OF $1.31; ADJUSTED EPS OF $1.46

October 19, 2022 | msn.com

Preview: Webster Financial's Earnings

October 19, 2022 | seekingalpha.com

Webster Financial Q3 2022 Earnings Preview

October 14, 2022 | seekingalpha.com

WBS Webster Financial Corporation

October 13, 2022 | finance.yahoo.com

Webster Financial (WBS) Earnings Expected to Grow: Should You Buy?

October 11, 2022 | nasdaq.com

Webster Financial (NYSE:WBS) shareholders have endured a 14% loss from investing in the stock a year ago

October 7, 2022 | finance.yahoo.com

Webster Financial Corporation Announces Q3 2022 Earnings Release and Conference Call

October 4, 2022 | finance.yahoo.com

Does Webster Financial (WBS) Have the Potential to Rally 32% as Wall Street Analysts Expect?

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WBS Company Calendar

Last Earnings: 10/20/2022
Ex-Dividend for 11/14 Dividend: 11/03/2022
Dividend Payable: 11/14/2022
Today: 12/06/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 1/19/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: National commercial banks
Sub-Industry: Regional Banks
Sector: Finance
Current Symbol: NYSE:WBS
CUSIP: 94789010
CIK: 801337
Web: public.websteronline.com
Phone: (203) 578-2202
Fax: 302-636-5454
Employees: 3,245
Year Founded: 1986

Price Target and Rating

Average Stock Price Forecast: $59.75
High Stock Price Forecast: $77.00
Low Stock Price Forecast: $50.00
Forecasted Upside/Downside: +21.6%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.37
Trailing P/E Ratio: 14.23
Forward P/E Ratio: 8.44
P/E Growth: N/A
Net Income: $408.86 million
Net Margins: 23.15%
Pretax Margin: 28.42%
Return on Equity: 12.09%
Return on Assets: 1.35%

Debt

Debt-to-Equity Ratio: 0.61
Current Ratio: 0.87
Quick Ratio: 0.87

Sales & Book Value

Annual Sales: $1.27 billion
Price / Sales: 6.59
Cash Flow: $6.16 per share
Price / Cash Flow: 7.79
Book Value: $36.36 per share
Price / Book: 1.32

Miscellaneous

Outstanding Shares: 174,009,000
Free Float: 170,790,000
Market Cap: $8.34 billion
Optionable: Optionable
Beta: 1.24

Social Links

Key Executives

Mr. John R. Ciulla (Age 56)
Pres, CEO & Director
Comp: $2.74M

Mr. Glenn I. MacInnes (Age 61)
Exec. VP & CFO
Comp: $1.18M

Mr. Daniel H. Bley (Age 53)
Exec. VP & Chief Risk Officer
Comp: $860.26k

Mr. Charles L. Wilkins (Age 60)
Exec. VP & Head of HSA Bank
Comp: $885.31k

Mr. Christopher J. Motl (Age 51)
Exec. VP & Pres of Commercial Banking
Comp: $1.35M

Mr. Jack L. Kopnisky (Age 66)
Exec. Chairman

Mr. Luis Massiani (Age 45)
COO & Exec. VP

Mr. Albert J. Wang CPA (Age 47)
CPA, Exec. VP & Chief Accounting Officer

Mr. Vikram Nafde
Exec. VP & Chief Information Officer

Mr. Terrence K. Mangan
Sr. VP of Investor Relations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

WBS Stock - Frequently Asked Questions

Should I buy or sell Webster Financial stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Webster Financial in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 2023?: 6 brokers have issued twelve-month price targets for Webster Financial's stock. Their WBS share price forecasts range from $50.00 to $77.00. On average, they predict the company's stock price to reach $59.75 in the next twelve months. This suggests a possible upside of 24.6% from the stock's current price.
View analysts price targets for WBS or view top-rated stocks among Wall Street analysts.
How have WBS shares performed in 2022?: Webster Financial's stock was trading at $55.84 at the beginning of the year. Since then, WBS shares have decreased by 14.1% and is now trading at $47.95.
View the best growth stocks for 2022 here.
When is Webster Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, January 19th 2023.
View our WBS earnings forecast.
How were Webster Financial's earnings last quarter?: Webster Financial Co. (NYSE:WBS) posted its quarterly earnings data on Thursday, October, 20th. The financial services provider reported $1.46 earnings per share for the quarter, beating analysts' consensus estimates of $1.40 by $0.06. The financial services provider had revenue of $664.60 million for the quarter, compared to analysts' expectations of $640.62 million. Webster Financial had a trailing twelve-month return on equity of 12.09% and a net margin of 23.15%. The firm's revenue was up 112.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.08 EPS.
How often does Webster Financial pay dividends? What is the dividend yield for Webster Financial?: Webster Financial announced a quarterly dividend on Tuesday, October 25th. Stockholders of record on Friday, November 4th will be paid a dividend of $0.40 per share on Monday, November 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.34%. The ex-dividend date of this dividend is Thursday, November 3rd.
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 3.21%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 47.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WBS will have a dividend payout ratio of 24.21% 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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.16%), BlackRock Inc. (9.83%), State Street Corp (4.30%), Price T Rowe Associates Inc. MD (3.31%), Macquarie Group Ltd. (2.88%) and Dimensional Fund Advisors LP (2.64%). Insiders that own company stock include Christopher J Motl, Daniel Bley, Elizabeth E Flynn, Glenn I Macinnes, Javier L Evans, 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 $47.95.
How much money does Webster Financial make?: Webster Financial (NYSE:WBS) has a market capitalization of $8.34 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 $3.37 on an earnings per share basis.
How many employees does Webster Financial have?: The company employs 3,245 workers across the globe.
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 12/7/2022 by MarketBeat.com Staff

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