Should I buy or sell Webster Financial stock right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Webster Financial in the last twelve months. There are currently 2 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" WBS shares. View WBS analyst ratings or view top-rated stocks .

What is Webster Financial's stock price target for 2024?

14 equities research analysts have issued 12-month target prices for Webster Financial's stock. Their WBS share price targets range from $42.00 to $70.00. On average, they expect the company's share price to reach $57.85 in the next year. This suggests a possible upside of 26.3% 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 2024?

Webster Financial's stock was trading at $50.76 on January 1st, 2024. Since then, WBS stock has decreased by 9.8% and is now trading at $45.81. View the best growth stocks for 2024 here .

When is Webster Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024. View our WBS earnings forecast .

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

Webster Financial will be holding an earnings conference call on Tuesday, April 23rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 609-800-9909 with passcode "8607257".

How were Webster Financial's earnings last quarter?

Webster Financial Co. (NYSE:WBS) posted its earnings results on Tuesday, January, 23rd. The financial services provider reported $1.46 earnings per share for the quarter, missing the consensus estimate of $1.48 by $0.02. The financial services provider had revenue of $996.96 million for the quarter, compared to analysts' expectations of $674.82 million. Webster Financial had a trailing twelve-month return on equity of 13.05% and a net margin of 22.01%. During the same period last year, the business earned $1.60 EPS.

How often does Webster Financial pay dividends? What is the dividend yield for Webster Financial?

Webster Financial declared a quarterly dividend on Wednesday, January 24th. Stockholders of record on Monday, February 5th will be paid a dividend of $0.40 per share on Friday, February 16th. This represents a $1.60 annualized dividend and a dividend yield of 3.49%. The ex-dividend date of this dividend is Friday, February 2nd. 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 3.46%. The dividend payout ratio is 32.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WBS will have a dividend payout ratio of 25.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for WBS .

What ETFs hold Webster Financial's stock?

ETFs with the largest weight of Webster Financial (NYSE:WBS) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR) , iShares Focused Value Factor ETF (FOVL) , SPDR S&P Regional Banking ETF (KRE) , iShares U.S. Regional Banks ETF (IAT) , First Trust Financial AlphaDEX Fund (FXO) , First Trust Nasdaq Bank ETF (FTXO) , SPDR S&P Bank ETF (KBE) and Direxion Daily Regional Banks Bull 3X Shares (DPST) .

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) .

Who are Webster Financial's major shareholders?

Webster Financial's stock is owned by a variety of retail and institutional investors. Top institutional investors include Alaska Permanent Fund Corp (0.03%), Cardinal Capital Management (0.03%), Wedmont Private Capital (0.00%), Park Avenue Securities LLC (0.00%), Sound Income Strategies LLC (0.00%) and Rise Advisors LLC (0.00%). Insiders that own company stock include Charles L Wilkins , Christopher J Motl , Daniel Bley , Jack L Kopnisky, Javier L Evans , Luis Massiani , 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Webster Financial have any subsidiaries?

The following companies are subsidiares of Webster Financial: Bend Financial Inc., Sterling Bancorp, Sterling National Bank, Webster Bank N.A., Webster Licensing LLC, Webster Statutory Trust I, and Webster Wealth Advisors Inc.. Read More

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NYSE:WBS

Webster Financial (WBS) Stock Price, News & Analysis

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Free WBS Stock Alerts

$45.83

-0.40 (-0.87%)

(As of 04/15/2024 ET)

Compare

Today's Range: $45.57
▼
$47.26
50-Day Range: $45.43
▼
$50.86
52-Week Range: $31.03
▼
$53.39

Volume: 865,631 shs
Average Volume: 981,608 shs
Market Capitalization: $7.87 billion

P/E Ratio: 9.37
Dividend Yield: 3.49%
Price Target: $57.85

Get Webster Financial alerts:

Webster Financial MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.86 Rating Score
Upside/Downside: 26.3% Upside
$57.85 Price Target
Short Interest: Healthy
1.82% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.50
Upright™ Environmental Score
News Sentiment: -0.01
Based on 6 Articles This Week
Insider Trading: Selling Shares
$1.55 M Sold Last Quarter
Proj. Earnings Growth: 9.22%
From $5.86 to $6.40 Per Share

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.

5.00 out of 5 stars

Finance Sector

1st out of 876 stocks

National Commercial Banks Industry

1st out of 86 stocks

4.4

Analyst's Opinion

Consensus Rating
Webster Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 12 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Webster Financial has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.82% 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 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Webster Financial has recently decreased by 11.61%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Webster Financial pays a meaningful dividend of 3.46%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Webster Financial does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Webster Financial is 32.72%. 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 25.00% 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.

1.7

News and Social Media Coverage

News Sentiment
Webster Financial has a news sentiment score of -0.01. 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 Week
MarketBeat has tracked 6 news articles for Webster Financial this week, compared to 5 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 20% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Webster Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% 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 $1,545,582.00 in company stock.
Percentage Held by Insiders
Only 0.72% of the stock of Webster Financial is held by insiders.
Percentage Held by Institutions
85.58% of the stock of Webster Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

4.4

Earnings and Valuation

Earnings Growth
Earnings for Webster Financial are expected to grow by 9.22% in the coming year, from $5.86 to $6.40 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Webster Financial is 9.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.93.
Price to Earnings Ratio vs. Sector
The P/E ratio of Webster Financial is 9.37, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.82.
Price to Earnings Growth Ratio
Webster Financial has a PEG Ratio of 0.37. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Webster Financial has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Webster Financial Stock (NYSE:WBS)

Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of financial products and services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Bank, and Consumer Banking. The Commercial Banking segment offers commercial real estate and equipment financing, business banking, asset-based lending, and commercial services; public sector finance; mortgage warehouse financing; sponsor and specialty financing services; credit, deposit, and cash flow management services; and wealth management solutions to business owners and operators, including trust, asset management, financial planning, insurance, retirement, and investment products, as well as treasury management services comprising derivative, treasury, accounts payable, accounts receivable, and trade products and services. This segment also provides commercial services, such as accounts receivable factoring and trade financing, payroll funding, and business process outsourcing. The HSA Bank segment offers health savings accounts, health reimbursement arrangements, flexible spending accounts, and commuter benefit services that are distributed directly to employers and individual consumers, as well as through national and regional insurance carriers, benefit consultants, and financial advisors. The Consumer Banking segment provides consumer deposit and fee-based services, residential mortgages, home equity lines, secured and unsecured loans, and credit cards to consumers; and small business banking products, such as credit, deposit, and cash flow management products to businesses and professional service firms. The company offers online and mobile banking services. Webster Financial Corporation was founded in 1935 and is headquartered in Stamford, Connecticut.

WBS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WBS Stock News Headlines

April 16, 2024 | americanbankingnews.com

Webster Financial (WBS) Set to Announce Earnings on Tuesday

April 16, 2024 | americanbankingnews.com

Webster Financial (NYSE:WBS) Downgraded by StockNews.com to "Sell"

April 16, 2024 | InvestorPlace (Ad)

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April 14, 2024 | americanbankingnews.com

Webster Financial Co. (NYSE:WBS) Given Average Recommendation of "Moderate Buy" by Brokerages

April 10, 2024 | americanbankingnews.com

Webster Financial (NYSE:WBS) Price Target Lowered to $57.00 at Royal Bank of Canada

April 9, 2024 | americanbankingnews.com

Webster Financial (NYSE:WBS) PT Lowered to $56.00

April 5, 2024 | businesswire.com

Webster Financial Corporation Announces Q1 2024 Earnings Release and Conference Call

April 4, 2024 | msn.com

Top buy-rated stocks and sell-rated stocks within Financials - Citi

April 16, 2024 | InvestorPlace (Ad)

“Forget Tesla, this is Elon’s Next Big Thing”

According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.

April 3, 2024 | markets.businessinsider.com

Barclays Keeps Their Buy Rating on Webster Financial (WBS)

April 1, 2024 | barrons.com

Webster Financial, Pacific Premier May Be Targets in Bank M&A

March 28, 2024 | forbes.com

Webster Financial

March 28, 2024 | finance.yahoo.com

We Ran A Stock Scan For Earnings Growth And Webster Financial (NYSE:WBS) Passed With Ease

March 26, 2024 | markets.businessinsider.com

Deep Dive Into Webster Finl Stock: Analyst Perspectives (11 Ratings)

March 26, 2024 | markets.businessinsider.com

Webster Financial CFO Glenn MacInnes Intends To Retire

March 26, 2024 | finance.yahoo.com

Webster Announces CFO Transition

March 8, 2024 | markets.businessinsider.com

11 Analysts Assess Webster Finl: What You Need To Know

March 8, 2024 | realmoney.thestreet.com

Webster Financial initiated with bullish view at Barclays

March 8, 2024 | insidermonkey.com

Webster Financial Corporation (WBS) Surged Along with Other Financials

March 1, 2024 | finance.yahoo.com

Webster Financial Full Year 2023 Earnings: Misses Expectations

February 22, 2024 | benzinga.com

Webster Finl Stock (NYSE:WBS) Earnings Dates and Earning Calls

February 16, 2024 | seekingalpha.com

WBS.PR.G Webster Financial Corporation 6.50% CUM PFD G

February 13, 2024 | wsj.com

Webster Financial Corp.

January 31, 2024 | finance.yahoo.com

WaFd (WAFD)-Luther Burbank (LBC) Merger Gets Regulatory Nod

January 30, 2024 | finance.yahoo.com

Webster Financial Corp COO Luis Massiani Sells 13,500 Shares

January 29, 2024 | seekingalpha.com

Webster Financial: Not Banking On Further Appreciation (Rating Downgrade)

January 29, 2024 | finance.yahoo.com

Associated Banc-Corp (ASB) Down 1.1% Despite Q4 Earnings Beat

See More Headlines

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Company Calendar

Last Earnings: 1/23/2024
Ex-Dividend for 2/16 Dividend: 2/02/2024
Dividend Payable: 2/16/2024
Today: 4/15/2024
Next Earnings (Confirmed): 4/23/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: National commercial banks
Sub-Industry: Regional Banks
Current Symbol: NYSE:WBS
CUSIP: 94789010
CIK: 801337
Web: public.websteronline.com
Phone: (203) 578-2202
Fax: 302-636-5454
Employees: 4,261
Year Founded: 1986

Price Target and Rating

Average Stock Price Target: $57.85
High Stock Price Target: $70.00
Low Stock Price Target: $42.00
Potential Upside/Downside: +26.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.86
Research Coverage: 14 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.89
Trailing P/E Ratio: 9.37
Forward P/E Ratio: 7.82
P/E Growth: 0.37
Net Income: $867.84 million
Net Margins: 22.01%
Pretax Margin: 27.51%
Return on Equity: 13.05%
Return on Assets: 1.42%

Debt

Debt-to-Equity Ratio: 0.41
Current Ratio: 0.85
Quick Ratio: 0.85

Sales & Book Value

Annual Sales: $2.65 billion
Price / Sales: 2.97
Cash Flow: $6.81 per share
Price / Cash Flow: 6.73
Book Value: $48.86 per share
Price / Book: 0.94

Miscellaneous

Outstanding Shares: 171,753,000
Free Float: 170,516,000
Market Cap: $7.87 billion
Optionable: Optionable
Beta: 1.33

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Key Executives

Mr. John R. Ciulla (Age 58)
Chairman & CEO
Comp: $2.48M
Mr. Luis R. Massiani (Age 47)
President & COO
Comp: $1.68M
Mr. Glenn I. MacInnes (Age 63)
Executive VP & CFO
Comp: $1.23M
Mr. Christopher J. Motl (Age 53)
Senior Executive VP & President of Commercial Banking
Comp: $1.68M
Mr. Albert J. Wang CPA (Age 49)
Executive VP & Chief Accounting Officer
Mr. Vikram Nafde (Age 48)
Chief Information Officer
Mr. Emlen Briggs Harmon C.F.A.
Director of Investor Relations
Ms. Kristy Berner Esq. (Age 50)
General Counsel & Corporate Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

WBS Stock Analysis - Frequently Asked Questions

Should I buy or sell Webster Financial stock right now?: 14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Webster Financial in the last twelve months. There are currently 2 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" WBS shares.
View WBS analyst ratings or view top-rated stocks.
What is Webster Financial's stock price target for 2024?: 14 equities research analysts have issued 12-month target prices for Webster Financial's stock. Their WBS share price targets range from $42.00 to $70.00. On average, they expect the company's share price to reach $57.85 in the next year. This suggests a possible upside of 26.3% 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 2024?: Webster Financial's stock was trading at $50.76 on January 1st, 2024. Since then, WBS stock has decreased by 9.8% and is now trading at $45.81.
View the best growth stocks for 2024 here.
When is Webster Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our WBS earnings forecast.
How can I listen to Webster Financial's earnings call?: Webster Financial will be holding an earnings conference call on Tuesday, April 23rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 609-800-9909 with passcode "8607257".
How were Webster Financial's earnings last quarter?: Webster Financial Co. (NYSE:WBS) posted its earnings results on Tuesday, January, 23rd. The financial services provider reported $1.46 earnings per share for the quarter, missing the consensus estimate of $1.48 by $0.02. The financial services provider had revenue of $996.96 million for the quarter, compared to analysts' expectations of $674.82 million. Webster Financial had a trailing twelve-month return on equity of 13.05% and a net margin of 22.01%. During the same period last year, the business earned $1.60 EPS.
How often does Webster Financial pay dividends? What is the dividend yield for Webster Financial?: Webster Financial declared a quarterly dividend on Wednesday, January 24th. Stockholders of record on Monday, February 5th will be paid a dividend of $0.40 per share on Friday, February 16th. This represents a $1.60 annualized dividend and a dividend yield of 3.49%. The ex-dividend date of this dividend is Friday, February 2nd.
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 3.46%. The dividend payout ratio is 32.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WBS will have a dividend payout ratio of 25.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WBS.

What ETFs hold Webster Financial's stock?: ETFs with the largest weight of Webster Financial (NYSE:WBS) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), iShares Focused Value Factor ETF (FOVL), SPDR S&P Regional Banking ETF (KRE), iShares U.S. Regional Banks ETF (IAT), First Trust Financial AlphaDEX Fund (FXO), First Trust Nasdaq Bank ETF (FTXO), SPDR S&P Bank ETF (KBE) and Direxion Daily Regional Banks Bull 3X Shares (DPST).
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).
Who are Webster Financial's major shareholders?: Webster Financial's stock is owned by a variety of retail and institutional investors. Top institutional investors include Alaska Permanent Fund Corp (0.03%), Cardinal Capital Management (0.03%), Wedmont Private Capital (0.00%), Park Avenue Securities LLC (0.00%), Sound Income Strategies LLC (0.00%) and Rise Advisors LLC (0.00%). Insiders that own company stock include Charles L Wilkins, Christopher J Motl, Daniel Bley, Jack L Kopnisky, Javier L Evans, Luis Massiani, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Webster Financial have any subsidiaries?: The following companies are subsidiares of Webster Financial: Bend Financial Inc., Sterling Bancorp, Sterling National Bank, Webster Bank N.A., Webster Licensing LLC, Webster Statutory Trust I, and Webster Wealth Advisors Inc..
Read More

This page (NYSE:WBS) was last updated on 4/16/2024 by MarketBeat.com Staff

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