NASDAQ:WASH Washington Trust Bancorp (WASH) Stock Price, News & Analysis → How to Play the AI and Crypto Markets in One Swing (From Weiss Ratings) (Ad) Free WASH Stock Alerts $27.35 +0.10 (+0.37%) (As of 05/15/2024 ET) Add Compare Share Share Today's Range$27.12▼$27.6550-Day Range$24.23▼$27.4752-Week Range$21.69▼$33.96Volume65,850 shsAverage Volume87,824 shsMarket Capitalization$466.32 millionP/E Ratio10.09Dividend Yield8.19%Price TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Washington Trust Bancorp alerts: Email Address Washington Trust Bancorp MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestBearish3.85% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.48Based on 4 Articles This WeekInsider TradingSelling Shares$14,156 Sold Last QuarterProj. Earnings Growth11.96%From $2.09 to $2.34 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.58 out of 5 starsFinance Sector353rd out of 881 stocksState Commercial Banks Industry82nd out of 179 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Washington Trust Bancorp.Read more about Washington Trust Bancorp's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.85% of the float of Washington Trust Bancorp has been sold short.Short Interest Ratio / Days to CoverWashington Trust Bancorp has a short interest ratio ("days to cover") of 7.Change versus previous monthShort interest in Washington Trust Bancorp has recently increased by 11.55%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipWashington Trust Bancorp is a leading dividend payer. It pays a dividend yield of 8.36%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWashington Trust Bancorp has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of Washington Trust Bancorp is 82.66%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Washington Trust Bancorp will have a dividend payout ratio of 95.73% in the coming year. This indicates that Washington Trust Bancorp may not be able to sustain their current dividend.Read more about Washington Trust Bancorp's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WASH. Previous Next 1.9 News and Social Media Coverage News SentimentWashington Trust Bancorp has a news sentiment score of 0.48. 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 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Washington Trust Bancorp this week, compared to 5 articles on an average week.Search InterestOnly 3 people have searched for WASH on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows2 people have added Washington Trust Bancorp to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Washington Trust Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $14,156.00 in company stock.Percentage Held by InsidersOnly 1.69% of the stock of Washington Trust Bancorp is held by insiders.Percentage Held by Institutions65.81% of the stock of Washington Trust Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Washington Trust Bancorp's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Washington Trust Bancorp are expected to grow by 11.96% in the coming year, from $2.09 to $2.34 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Washington Trust Bancorp is 10.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Washington Trust Bancorp is 10.09, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.26.Price to Book Value per Share RatioWashington Trust Bancorp has a P/B Ratio of 1.00. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Washington Trust Bancorp's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stocks NewsWith revenue forecasted to grow dramatically in 2024 and beyond, this company should be on your radarRevolutionizing communication is what this NASDAQ-traded next-gen solution provider is doing. See how this company is well-positioned to capitalize in 2024 About Washington Trust Bancorp Stock (NASDAQ:WASH)Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that provides various banking and financial services to individuals and businesses. The company operates in two segments, Commercial Banking and Wealth Management Services. The Commercial Banking segment offers deposit accounts, including interest-bearing and noninterest-bearing demand deposits, NOW and savings accounts, money market and retirement deposit accounts, and time deposits; various commercial and retail lending products, such as commercial real estate loans, including commercial mortgages, and construction and development loans; commercial and industrial loans comprising working capital, equipment financing, and financing for other business-related purposes; residential real estate loans that consist of mortgage and homeowner construction loans; and consumer loans comprising home equity loans and lines of credit, personal installment loans, and loans to individuals secured by general aviation aircraft. This segment also provides debit cards; automated teller machines (ATMs); telephone banking, internet banking, mobile banking, remote deposit capture, and other cash management services; and investment portfolio and wholesale funding services. The Wealth Management Services segment offers investment management; financial planning; personal trust and estate services, such as trustee, personal representative, custodian, and guardian; and settlement of decedents' estates, as well as institutional trust services comprising custody and fiduciary services for personal and institutional clients. Washington Trust Bancorp, Inc. was founded in 1800 and is headquartered in Westerly, Rhode Island.Read More WASH Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WASH Stock News HeadlinesMay 7, 2024 | insidertrades.comWashington Trust Bancorp, Inc. (NASDAQ:WASH) EVP Kathleen A. Ryan Sells 535 SharesMay 15 at 3:23 PM | prnewswire.comWashington Trust Bancorp, Inc. Releases 2024 Environmental, Social, and Governance ReportMay 13 at 7:43 PM | bizjournals.comFor Washington Trust, Vancouver, and its growing business base, beckonsMay 9, 2024 | usnews.comCatholic Church Is Stonewalling Sex Abuse Investigation, Washington Attorney General SaysMay 7, 2024 | americanbankingnews.comWashington Trust Bancorp, Inc. (NASDAQ:WASH) EVP Kathleen A. Ryan Sells 535 Shares of StockMay 2, 2024 | msn.comU.S. Bank Mortgage Review: What Borrowers Should KnowMay 2, 2024 | finance.yahoo.comWashington Trust to cut ribbon on new locationApril 27, 2024 | msn.com'Dead' hedges breathing new life into Washington Village beside historic medieval archwayApril 27, 2024 | cnet.comCombining Our Finances After Marriage Was a Mess. Why Separate Bank Accounts Work Better for UsApril 26, 2024 | msn.comWashington Charter Performance on Par With Other Public Schools State Report SaysApril 26, 2024 | finance.yahoo.comWashington Trust Bancorp First Quarter 2024 Earnings: Beats ExpectationsApril 26, 2024 | msn.comHow athletes and entertainers like Shohei Ohtani get financially duped by those they trustApril 25, 2024 | finance.yahoo.comWashington Trust Collects 2.5 Tons of Peanut ButterApril 25, 2024 | msn.comUS bank regulator tables plans to scrutinize asset manager stakes in banksApril 24, 2024 | finance.yahoo.comWashington Trust Bancorp, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsApril 23, 2024 | finance.yahoo.comWashington Trust Bancorp Inc (WASH) Q1 2024 Earnings Call Transcript Highlights: Key Financial ...April 23, 2024 | finance.yahoo.comQ1 2024 Washington Trust Bancorp Inc Earnings CallApril 23, 2024 | finance.yahoo.comWashington Trust Bancorp, Inc. (NASDAQ:WASH) Q1 2024 Earnings Call TranscriptApril 22, 2024 | reuters.comThai c.bank could adjust rates if economic outlook shifts, deputy governor saysApril 22, 2024 | reuters.comNigeria seeking up to $2.25 bln in World Bank loansApril 22, 2024 | markets.businessinsider.comWashington Trust Bancorp Q1 Net Income Declines - Quick FactsApril 22, 2024 | markets.businessinsider.comWASH Stock Earnings: Washington Trust Bancorp Beats EPS, Beats Revenue for Q1 2024April 22, 2024 | reuters.comWorld Bank financing arm IFC plans $1.9 bln in Ukraine investmentsApril 21, 2024 | msn.comSouth Africa faces upside risk to inflation, financial conditions, central bank governor saysApril 20, 2024 | msn.comU.S. sanctions ally of Israeli minister, fundraisers over settlersSee More Headlines Receive WASH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Washington Trust Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/12 Dividend3/28/2024Dividend Payable4/12/2024Last Earnings4/22/2024Today5/15/2024Next Earnings (Estimated)7/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:WASH CUSIP94061010 CIK737468 Webwww.washtrust.com Phone(401) 348-1200Fax401-348-1262Employees665Year Founded1800Profitability EPS (Most Recent Fiscal Year)$2.71 Trailing P/E Ratio10.10 Forward P/E Ratio13.09 P/E GrowthN/ANet Income$48.18 million Net Margins12.01% Pretax Margin14.05% Return on Equity10.11% Return on Assets0.65% Debt Debt-to-Equity Ratio2.70 Current Ratio1.08 Quick Ratio1.07 Sales & Book Value Annual Sales$364.80 million Price / Sales1.28 Cash Flow$3.26 per share Price / Cash Flow8.39 Book Value$27.38 per share Price / Book1.00Miscellaneous Outstanding Shares17,050,000Free Float16,766,000Market Cap$466.49 million OptionableOptionable Beta0.80 Social Links These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Edward Otis Handy III (Age 62)Chairman & CEO Comp: $981.44kMs. Mary E. Noons (Age 62)President & COO Comp: $466.39kMr. Ronald Stephen Ohsberg CPA (Age 59)Senior EVP, CFO & Treasurer Comp: $447.35kMs. Maria N. Janes CPA (Age 53)Executive VP, Chief Accounting Officer & Controller Ms. Elizabeth Boyle Eckel (Age 64)Executive VP and Chief Marketing & Corporate Communications Officer Ms. Kristen L. DiSanto (Age 54)Senior EVP, Chief Human Resources Officer & Corporate Secretary Mr. Joseph M. ConfessoreSenior Vice President of Wealth Management & Commercial BankingMr. Rolando A. Lora (Age 53)Executive VP & Chief Retail Lending Officer More ExecutivesKey CompetitorsCapital City Bank GroupNASDAQ:CCBGFarmers National BancNASDAQ:FMNBFirst FinancialNASDAQ:THFFCNB FinancialNASDAQ:CCNEHeritage CommerceNASDAQ:HTBKView All CompetitorsInsiders & InstitutionsPrice T Rowe Associates Inc. MDBought 615 shares on 5/15/2024Ownership: 0.092%EntryPoint Capital LLCBought 734 shares on 5/14/2024Ownership: 0.009%Vanguard Group Inc.Sold 22,369 shares on 5/10/2024Ownership: 5.542%ProShare Advisors LLCBought 27,979 shares on 5/8/2024Ownership: 1.711%Mystic Asset Management Inc.Bought 860 shares on 5/7/2024Ownership: 0.108%View All Insider TransactionsView All Institutional Transactions WASH Stock Analysis - Frequently Asked Questions Should I buy or sell Washington Trust Bancorp stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Washington Trust Bancorp in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" WASH shares. View WASH analyst ratings or view top-rated stocks. How have WASH shares performed in 2024? Washington Trust Bancorp's stock was trading at $32.38 at the start of the year. Since then, WASH shares have decreased by 15.5% and is now trading at $27.35. View the best growth stocks for 2024 here. When is Washington Trust Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, July 22nd 2024. View our WASH earnings forecast. How were Washington Trust Bancorp's earnings last quarter? Washington Trust Bancorp, Inc. (NASDAQ:WASH) announced its quarterly earnings results on Monday, April, 22nd. The financial services provider reported $0.64 earnings per share for the quarter, beating analysts' consensus estimates of $0.43 by $0.21. The financial services provider had revenue of $48.83 million for the quarter, compared to analyst estimates of $45.24 million. Washington Trust Bancorp had a net margin of 12.01% and a trailing twelve-month return on equity of 10.11%. How often does Washington Trust Bancorp pay dividends? What is the dividend yield for Washington Trust Bancorp? Washington Trust Bancorp announced a quarterly dividend on Thursday, March 21st. Investors of record on Monday, April 1st will be given a dividend of $0.56 per share on Friday, April 12th. This represents a $2.24 annualized dividend and a yield of 8.19%. The ex-dividend date of this dividend is Thursday, March 28th. Read our dividend analysis for WASH. Is Washington Trust Bancorp a good dividend stock? Washington Trust Bancorp (NASDAQ:WASH) pays an annual dividend of $2.24 per share and currently has a dividend yield of 8.36%. WASH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 82.66%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, WASH will have a dividend payout ratio of 95.73% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for WASH. What ETFs hold Washington Trust Bancorp's stock? ETFs with the largest weight of Washington Trust Bancorp (NASDAQ:WASH) stock in their portfolio include Invesco KBW High Dividend Yield Financial ETF (KBWD).ProShares Russell 2000 Dividend Growers ETF (SMDV). What is Edward O. Handy III's approval rating as Washington Trust Bancorp's CEO? 2 employees have rated Washington Trust Bancorp Chief Executive Officer Edward O. Handy III on Glassdoor.com. Edward O. Handy III has an approval rating of 100% among the company's employees. This puts Edward O. Handy III in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Washington Trust Bancorp own? Based on aggregate information from My MarketBeat watchlists, some companies that other Washington Trust Bancorp investors own include Walt Disney (DIS), McDonald's (MCD), Q BioMed (QBIO), Bank of America (BAC), Intelsat (I), Omega Healthcare Investors (OHI), Alibaba Group (BABA), Standex International (SXI), Bank of Montreal (BMO) and AT&T (T). Who are Washington Trust Bancorp's major shareholders? Washington Trust Bancorp's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.54%), WASHINGTON TRUST Co (3.54%), ProShare Advisors LLC (1.71%), Empowered Funds LLC (0.23%), Janney Montgomery Scott LLC (0.14%) and Mystic Asset Management Inc. (0.11%). Insiders that own company stock include Constance A Howes, Dennis L Algiere, Edwin J Santos, James M Hagerty, Joseph J Marcaurele, Joseph J Marcaurele, Kathleen A Ryan, Kristen L Disanto and Mary E Noons. View institutional ownership trends. How do I buy shares of Washington Trust Bancorp? Shares of WASH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:WASH) was last updated on 5/15/2024 by MarketBeat.com Staff From Our PartnersHow to Make 100X on the AI BoomInvestorPlaceShocking $16T Elon Musk Crypto LeakCrypto 101 MediaAmazon's betting big on this unknown AI companyManward PressThis Wall Street stock prediction just went viralChaikin AnalyticsWith revenue forecasted to grow dramatically in 2024 and beyond, this company should be on your radarStocks NewsExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersDems have chosen Biden replacement?Paradigm PressGold Set to EXPLODE!Gold Safe Exchange Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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