Webster Financial Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Webster Financial in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Webster Financial stock.
View analyst ratings for Webster Financial or view top-rated stocks.

Wall Street analysts have given Webster Financial a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Webster Financial wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Webster Financial saw a drop in short interest in May. As of May 28th, there was short interest totaling 2,000,000 shares, a drop of 31.7% from the May 13th total of 2,930,000 shares. Based on an average trading volume of 704,200 shares, the days-to-cover ratio is presently 2.8 days. Currently, 2.2% of the company's shares are short sold.
View Webster Financial's Short Interest.

Webster Financial is scheduled to release its next quarterly earnings announcement on Thursday, July 22nd 2021.
View our earnings forecast for Webster Financial.

Webster Financial Co. (NYSE:WBS) issued its quarterly earnings results on Sunday, April, 18th. The financial services provider reported $1.25 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.90 by $0.35. The financial services provider had revenue of $300.50 million for the quarter, compared to the consensus estimate of $299.54 million. Webster Financial had a trailing twelve-month return on equity of 10.78% and a net margin of 23.21%. The company's quarterly revenue was down 1.2% on a year-over-year basis. During the same quarter last year, the company posted $0.39 earnings per share.
View Webster Financial's earnings history.

Webster Financial's stock was trading at $30.71 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WBS shares have increased by 81.4% and is now trading at $55.72.
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Webster Financial declared a quarterly dividend on Wednesday, April 21st. Shareholders of record on Wednesday, May 5th will be given a dividend of $0.40 per share on Wednesday, May 19th. This represents a $1.60 annualized dividend and a yield of 2.87%. The ex-dividend date is Tuesday, May 4th.
View Webster Financial's dividend history.

Webster Financial pays an annual dividend of $1.60 per share and currently has a dividend yield of 2.94%. Webster Financial does not yet have a strong track record of dividend growth. The dividend payout ratio of Webster Financial is 57.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Webster Financial will have a dividend payout ratio of 34.56% next year. This indicates that Webster Financial will be able to sustain or increase its dividend.
View Webster Financial's dividend history.

10 equities research analysts have issued 12-month target prices for Webster Financial's shares. Their forecasts range from $37.00 to $64.00. On average, they anticipate Webster Financial's share price to reach $53.55 in the next twelve months. This suggests that the stock has a possible downside of 3.9%.
View analysts' price targets for Webster Financial or view top-rated stocks among Wall Street analysts.

6 employees have rated Webster Financial CEO James C. Smith on Glassdoor.com. James C. Smith has an approval rating of 84% among Webster Financial's employees.

Some companies that are related to Webster Financial include The PNC Financial Services Group (PNC), Truist Financial (TFC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), First Horizon (FHN), Zions Bancorporation, National Association (ZION) and Commerce Bancshares (CBSH).
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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).

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

Webster Financial's stock is owned by many different retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (12.61%), BlackRock Inc. (9.00%), Wasatch Advisors Inc. (4.26%), Alliancebernstein L.P. (3.54%), Bank of New York Mellon Corp (2.67%) and Pzena Investment Management LLC (2.66%). Company insiders that own Webster Financial stock include Christopher J Motl, Daniel Bley, Elizabeth E Flynn, Glenn I Macinnes, John Joseph Crawford, John R Ciulla, Mark Pettie and William L Atwell.
View institutional ownership trends for Webster Financial.

WBS stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Pzena Investment Management LLC, Polaris Capital Management LLC, Point72 Asset Management L.P., D. E. Shaw & Co. Inc., Alliancebernstein L.P., Newtyn Management LLC, and Nitorum Capital L.P.. Company insiders that have sold Webster Financial company stock in the last year include Christopher J Motl, Daniel Bley, and Mark Pettie.
View insider buying and selling activity for Webster Financial or view top insider-selling stocks.

WBS stock was acquired by a variety of institutional investors in the last quarter, including Cramer Rosenthal Mcglynn LLC, Wasatch Advisors Inc., BlackRock Inc., Holocene Advisors LP, Deprince Race & Zollo Inc., Barclays PLC, Cubist Systematic Strategies LLC, and BNP Paribas Arbitrage SA. Company insiders that have bought Webster Financial stock in the last two years include Elizabeth E Flynn, Glenn I Macinnes, John R Ciulla, and William L Atwell.
View insider buying and selling activity for Webster Financial or or view top insider-buying stocks.

Shares of WBS 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.
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One share of WBS stock can currently be purchased for approximately $55.72.

Webster Financial has a market capitalization of $5.04 billion and generates $1.29 billion in revenue each year. The financial services provider earns $220.62 million in net income (profit) each year or $2.78 on an earnings per share basis.

Webster Financial employs 3,345 workers across the globe.

Webster Financial was founded in 1986.

The official website for Webster Financial is public.websteronline.com.

Webster Financial is headquartered at 145 BANK STREET, WATERBURY CT, 06702.

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]