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Saturday, December 9, 2023

This Is Too Hot For Webster Financial Corp. (NYSE: WBS), Let’s Take A Closer Look

After Hours

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. After-hours trades for Webster Financial Corp. (WBS) shows that investor sentiment remained same, with the stock’s consolidated last price to $41.30. The Webster Financial Corp. has recorded 37,137 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that CORRECTING and REPLACING Webster Financial Corporation Declares Common and Preferred Dividends.

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Stocks Info

As a NYSE listed company, WBS falls under the Financial sector while operating within the Banks – Regional industry segment. At the end of the last regular session, the stock closed at $41.30 and fluctuated between $41.56 as its day high and $40.37 as its day low. The current market capitalization of Webster Financial Corp. is $7.16B. A total of 1.33 million shares were traded on the day, compared to an average of 1.09M shares.

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, WBS has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 29 BUYs and 38 SELLs from insiders. Insiders purchased 184,805 shares during that period but sold 123,143.

In the most recent transaction, Massiani Luis sold 16,000 shares of WBS for 37.27 per share on Jun 06. After the transaction, the Chief Operating Officer now owns 115,153 company shares.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Webster Financial Corp. pays an annual dividend of $1.61, resulting in a dividend yield of 3.89%, and it has a price to earnings (P/E) ratio of 7.90. WBS’s most recent ex-dividend date was 11/2/2023 when it declared a $0.40 quarterly dividend that was paid in cash on 11/13/2023. Previously, the company paid the dividend on 8/16/2023 with an ex-dividend date of 8/1/2023. The WBS stock dividend was $0.40 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for WBS in the last 3 months, the mean price target is $49.54 with high estimates of $57.00 and low estimates of $43.00. 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 $1.5 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $1.6 per share and a lower estimate of $1.46. The company reported an EPS of $1.5 in the last quarter, which was 2.00% higher than expectations of $1.47.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. Its Book Value Per Share was $44.04, while its Total Shareholder’s Equity was $3.44B.

Analysts Opinion

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. 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 4.23.

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