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Webster Financial (WBS)
NYSE:WBS
Webster Financial (WBS) Stock Price & Analysis
230 Followers
WBS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$31.49 - $52.46
Previous Close$45.49
Volume723.40K
Average Volume (3M)1.15M
Market Cap
$7.80B
Enterprise Value$12.38B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$4.57B
Price to Earnings (P/E)9.3
Beta1.18
Next Earnings
Jul 18, 2024EPS Estimate
$1.36Last Dividend Ex-Date
May 03, 2024Dividend Yield3.52%
Share Statistics
EPS (TTM)4.89
Shares Outstanding171,486,534
10 Day Avg. Volume1,449,225
30 Day Avg. Volume1,145,129
Standard Deviation0.12
R-Squared0.35
Alpha-0.00652
Financial Highlights & Ratios
Price to Book (P/B)1.41
Price to Sales (P/S)11.69
Price to Cash Flow (P/CF)22.40
P/FCF Ratio5.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.13
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$56.91Price Target Upside23.16% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
Webster Financial News
PremiumCompany Announcements
Webster Financial Announces Q1 Results and Conference Call
Bulls Say, Bears Say
Bulls Say
Executive ContributionGlen MacInnes has significantly contributed to the bank's robust transformation, enhancing its earnings profile and positioning it for sustained profitability.
Financial StrengthWith its status as one of the most profitable banks and a strong earnings profile, the bank is well-equipped to navigate the current credit cycle.
Management ChangeThe bank has initiated a comprehensive search for a new CFO, considering a diverse pool of internal and external candidates to strengthen its leadership team.
Bears Say
Credit QualityCredit metrics at Webster showed signs of weakness with an increase in net charge-offs, nonperforming loans, and commercial classified loans.
Guidance UpdateWebster provided a net negative guidance update, lowering both loan growth and net interest income (NII) guidance for the upcoming year.
Profitability ConcernsThe net interest margin at Webster contracted due to higher funding costs and incrementally higher hedge costs.
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Ownership Overview
1.84% Insiders
35.64% Mutual Funds
37.59% Other Institutional Investors
24.93% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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WBS FAQ
What was Webster Financial’s price range in the past 12 months?
Webster Financial lowest stock price was $31.49 and its highest was $52.46 in the past 12 months.
What is Webster Financial’s market cap?
Currently, no data Available
When is Webster Financial’s upcoming earnings report date?
Webster Financial’s upcoming earnings report date is Jul 18, 2024 which is in 63 days.
How were Webster Financial’s earnings last quarter?
Webster Financial released its earnings results on Apr 23, 2024. The company reported $1.35 earnings per share for the quarter, missing the consensus estimate of $1.408 by -$0.058.
Is Webster Financial overvalued?
According to Wall Street analysts Webster Financial’s price is currently Undervalued.
Does Webster Financial pay dividends?
Webster Financial pays a Quarterly dividend of $0.4 which represents an annual dividend yield of 3.52%. See more information on Webster Financial dividends here
What is Webster Financial’s EPS estimate?
Webster Financial’s EPS estimate is $1.36.
How many shares outstanding does Webster Financial have?
Webster Financial has 171,486,530 shares outstanding.
What happened to Webster Financial’s price movement after its last earnings report?
Webster Financial reported an EPS of $1.35 in its last earnings report, missing expectations of $1.408. Following the earnings report the stock price went down -4.856%.
Which hedge fund is a major shareholder of Webster Financial?
Among the largest hedge funds holding Webster Financial’s share is Diamond Hill Capital Management Inc. It holds Webster Financial’s shares valued at 119M.
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Webster Financial Stock Smart Score
Underperform
1
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7
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9
10
Analyst Consensus
Strong Buy
Average Price Target:
$56.91 (23.16% Upside)
$56.91 (23.16% Upside)
Blogger Sentiment
Bullish
WBS Sentiment 75%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 996.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.9%
Last 30 Days ▲ 5.3%
Last 30 Days ▲ 5.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
44.91%
12-Months-Change
Fundamentals
Return on Equity
10.03%
Trailing 12-Months
Asset Growth
1.76%
Trailing 12-Months
Company Description
Webster Financial
Webster Financial Corp. operates as a holding company for Webster Bank NA. It engages in providing financial services to individuals, families and businesses. It offers equipment financing, commercial real estate lending and asset-based lending services. It operates through the following business segments: Commercial Banking, HSA Bank and Community Banking, The Commercial Banking segment includes middle market, asset-based lending, commercial real estate, equipment finance and treasury and payment solutions, which includes government and institutional banking. The HSA Bank segment offers health savings accounts, health reimbursement accounts, flexible spending accounts, and other financial solutions for healthcare. The Community Banking segment serves consumer and business banking customers primarily throughout southern New England and into Westchester County, New York. It is comprised of personal banking and business banking supported by a distribution network consisting of banking centers and ATMs, a customer care center, telephone banking and a full range of web and mobile-based banking services. The company was founded in 1986 and is headquartered in Waterbury, CT.
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WBS Company Deck
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WBS Earnings Call
Q1 2024
0:00 / 0:00
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WBS Stock 12 Month Forecast
Average Price Target
$56.91
▲(23.16% Upside)
Technical Analysis
Best Analysts Covering WBS
1 Year
1 Year Success Rate
6/8 ratings generated profit
1 Year Average Return
+14.21%
reiterated a buy rating 23 days ago
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