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Saturday, June 3, 2023

Investing In Webster Financial Corporation (NYSE: WBS): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Webster Financial Corporation (WBS) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $33.35. The Webster Financial Corporation has recorded 598,554 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Webster Raises Prime Lending Rate to 8.25 Percent.

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Stocks Info

The company is listed on the NYSE and operates within the Banks – Regional industry segment. At the end of the last regular session, the stock closed at $33.35 and fluctuated between $33.66 as its day high and $32.66 as its day low. The current market capitalization of Webster Financial Corporation is $5.85B. A total of 2.12 million shares were traded on the day, compared to an average of 1.63M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, WBS has seen 10 BUY and 17 SELL insider trades, representing the acquisition of 89,044 and the disposition of 50,833 shares. Over the last 12 months, there were 15 BUYs and 41 SELLs from insiders. Insiders purchased 133,400 shares during that period but sold 130,402.

In the most recent transaction, Massiani Luis sold 20,000 shares of WBS for 47.35 per share on Sep 08. After the transaction, the Chief Operating Officer now owns 132,910 company shares. In a previous transaction on Aug 05, Massiani Luis sold 8,000 shares at 46.43 per share. WBS shares that Chief Operating Officer owns now total 152,910.

Among the insiders who sold shares, Evans Javier L. disposed of 1,975 shares on May 18 at a per-share price of $47.02. This resulted in the Chief Human Resources Officer holding 34,929 shares of WBS after the transaction. In another insider transaction, Evans Javier L. sold 1,005 shares at $47.91 per share on May 17. Company shares held by the Chief Human Resources Officer now total 36,904.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Webster Financial Corporation pays an annual dividend of $1.60, resulting in a dividend yield of 4.80%, and it has a price to earnings (P/E) ratio of 6.71. WBS’s most recent ex-dividend date was 5/5/2023 when it declared a $0.40 quarterly dividend that was paid in cash on 5/22/2023. Previously, the company paid the dividend on 2/17/2023 with an ex-dividend date of 2/3/2023. The WBS stock dividend was $0.40 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for WBS in the last 3 months, the mean price target is $50.18 with high estimates of $60.00 and low estimates of $42.00. In terms of 52-week highs and lows, WBS has a high of $56.46 and a low of $31.03.

As of this writing, WBS has an earnings estimate of $1.51 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of $1.65 per share and a lower estimate of $1.46. The company reported an EPS of $1.6 in the last quarter, which was -3.60% lower than expectations of $1.66.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $46.37, while its Total Shareholder’s Equity was $3.44B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WBS is Buy with a score of 4.09.

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