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

$45.24
+1.50 (+3.43 %)
(As of 10/13/2019 04:00 PM ET)
Today's Range
$44.69
Now: $45.24
$45.66
50-Day Range
$42.75
MA: $45.91
$49.47
52-Week Range
$42.29
Now: $45.24
$62.83
Volume643,018 shs
Average Volume494,611 shs
Market Capitalization$4.17 billion
P/E Ratio12.10
Dividend Yield3.66%
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$4.98 per share
Book Value$29.72 per share

Profitability

Net Income$360.42 million

Miscellaneous

Employees3,265
Market Cap$4.17 billion
Next Earnings Date10/22/2019 (Confirmed)
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. Investors of record on Monday, August 5th will be paid 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 3.54%. The ex-dividend date is Friday, August 2nd. View Webster Financial's Dividend History.

How were Webster Financial's earnings last quarter?

Webster Financial Co. (NYSE:WBS) released its quarterly earnings results on Thursday, July, 18th. The financial services provider reported $1.05 EPS for the quarter, topping the consensus estimate of $1.03 by $0.02. The financial services provider earned $317.60 million during 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 company's quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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 Tuesday, October 22nd 2019. View Earnings Estimates for Webster Financial.

How can I listen to Webster Financial's earnings call?

Webster Financial will be holding an earnings conference call on Tuesday, October 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for WBS?

6 Wall Street analysts have issued 12-month price objectives for Webster Financial's stock. Their forecasts range from $50.00 to $63.00. On average, they anticipate Webster Financial's share price to reach $56.25 in the next year. This suggests a possible upside of 24.3% from the stock's current price. View Analyst Price Targets for Webster Financial.

What is the consensus analysts' recommendation for Webster Financial?

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, 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?

Headlines about WBS stock have trended negative recently, according to InfoTrie. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Webster Financial earned a news impact score of -2.6 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Webster Financial.

Are investors shorting Webster Financial?

Webster Financial saw a decrease in short interest in September. As of September 15th, there was short interest totalling 3,330,000 shares, a decrease of 5.7% from the August 15th total of 3,530,000 shares. Based on an average daily volume of 633,200 shares, the days-to-cover ratio is presently 5.3 days. Approximately 3.7% of the company's 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 retail and institutional investors. Top institutional investors include Artemis Investment Management LLP (0.41%), Pacer Advisors Inc. (0.04%), Pennsylvania Trust Co (0.02%) and 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, Karen R Osar, Laurence C Morse and Mark Pettie. View Institutional Ownership Trends for Webster Financial.

Which major investors are selling Webster Financial stock?

WBS stock was sold by a variety of institutional investors in the last quarter, including Pacer Advisors 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 major investors are buying Webster Financial stock?

WBS stock was acquired by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, State of Alaska Department of Revenue and Pennsylvania Trust Co. 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 $45.24.

How big of a company is Webster Financial?

Webster Financial has a market capitalization of $4.17 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:  434 (Vote Outperform)
Underperform Votes:  542 (Vote Underperform)
Total Votes:  976
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 10/13/2019 by MarketBeat.com Staff

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