An Evaluation Of Webster Financial Corp. (NYSE: WBS) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Earlier, Yahoo Finance discussed this stock as it revealed Webster Financial Corporation Declares Common and Preferred Dividends.

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Stocks Info

WBS belongs to the Financial sector of the NYSE while operating in the Banks – Regional industry. The current market capitalization of Webster Financial Corp. is $8.71B. A total of 1.21 million shares were traded on the day, compared to an average of 1.37M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. 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 24 BUYs and 24 SELLs from insiders. Insiders purchased 150,273 shares during that period but sold 74,881.

In the most recent transaction, SOTO JASON A. sold 2,100 shares of WBS for 47.47 per share on Feb 28. After the transaction, the Chief Credit Officer now owns 20,356 company shares. In a previous transaction on Jan 30, Massiani Luis sold 13,500 shares at 51.63 per share. WBS shares that Chief Operating Officer owns now total 89,621.

Among the insiders who sold shares, MOTL CHRISTOPHER J disposed of 10,475 shares on Jan 30 at a per-share price of $52.40. This resulted in the President, Commercial Banking holding 63,306 shares of WBS after the transaction. In another insider transaction, WILKINS CHARLES L sold 3,966 shares at $51.56 per share on Jan 25. Company shares held by the Head of HSA Bank now total 49,528.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Webster Financial Corp. pays an annual dividend of $1.60, resulting in a dividend yield of 3.36%, and it has a price to earnings (P/E) ratio of 9.72. WBS’s most recent ex-dividend date was 2/2/2024 when it declared a $0.40 quarterly dividend that was paid in cash on 2/16/2024. Previously, the company paid the dividend on 11/13/2023 with an ex-dividend date of 11/2/2023. The WBS stock dividend was $0.40 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for WBS in the last 3 months, the mean price target is $59.53 with high estimates of $65.00 and low estimates of $50.00. In terms of 52-week highs and lows, WBS has a high of $53.39 and a low of $31.03.

As of this writing, WBS has an earnings estimate of $1.42 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of $1.56 per share and a lower estimate of $1.34. The company reported an EPS of $1.55 in the last quarter, which was 4.00% higher than expectations of $1.49.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. Its Book Value Per Share was $48.87, while its Total Shareholder’s Equity was $3.44B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after 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 4.47.

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