Webster Financial Co. (NYSE:WBS – Free Report) – Equities research analysts at Wedbush dropped their Q1 2025 earnings estimates for Webster Financial in a research report issued on Tuesday, November 5th. Wedbush analyst D. Chiaverini now forecasts that the financial services provider will post earnings of $1.30 per share for the quarter, down from their prior estimate of $1.34. Wedbush currently has a “Neutral” rating and a $59.00 price target on the stock. The consensus estimate for Webster Financial’s current full-year earnings is $5.23 per share. Wedbush also issued estimates for Webster Financial’s Q2 2025 earnings at $1.37 EPS, Q3 2025 earnings at $1.46 EPS, Q4 2025 earnings at $1.52 EPS, FY2025 earnings at $5.65 EPS and FY2026 earnings at $6.50 EPS.
A number of other equities research analysts also recently weighed in on the company. Morgan Stanley lowered their price target on Webster Financial from $57.00 to $54.00 and set an “equal weight” rating for the company in a report on Monday, September 30th. JPMorgan Chase & Co. dropped their target price on shares of Webster Financial from $58.00 to $55.00 and set an “overweight” rating on the stock in a report on Wednesday, October 9th. Wells Fargo & Company raised their price target on shares of Webster Financial from $50.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Friday, October 18th. Barclays boosted their price objective on shares of Webster Financial from $60.00 to $63.00 and gave the company an “overweight” rating in a research report on Friday, October 18th. Finally, Stephens set a $58.00 target price on shares of Webster Financial in a report on Thursday, October 17th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, Webster Financial currently has an average rating of “Moderate Buy” and an average target price of $57.85.
Webster Financial Trading Up 1.2 %
Shares of NYSE WBS opened at $50.85 on Wednesday. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.45. The stock’s 50 day moving average price is $47.68 and its two-hundred day moving average price is $45.71. Webster Financial has a 52-week low of $38.54 and a 52-week high of $54.38. The stock has a market capitalization of $8.72 billion, a P/E ratio of 11.53, a PEG ratio of 0.84 and a beta of 1.27.
Webster Financial (NYSE:WBS – Get Free Report) last issued its earnings results on Thursday, October 17th. The financial services provider reported $1.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.01). The company had revenue of $647.62 million during the quarter, compared to analyst estimates of $677.72 million. Webster Financial had a net margin of 18.80% and a return on equity of 11.03%. During the same quarter last year, the company posted $1.55 EPS.
Institutional Trading of Webster Financial
A number of hedge funds and other institutional investors have recently modified their holdings of WBS. Vanguard Group Inc. grew its holdings in Webster Financial by 0.3% during the first quarter. Vanguard Group Inc. now owns 17,926,270 shares of the financial services provider’s stock worth $910,117,000 after acquiring an additional 54,841 shares during the period. Price T Rowe Associates Inc. MD grew its stake in shares of Webster Financial by 1.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,237,482 shares of the financial services provider’s stock worth $316,678,000 after purchasing an additional 95,780 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Webster Financial by 28.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 5,522,044 shares of the financial services provider’s stock worth $240,687,000 after purchasing an additional 1,206,575 shares in the last quarter. Earnest Partners LLC lifted its stake in Webster Financial by 0.4% during the second quarter. Earnest Partners LLC now owns 3,086,111 shares of the financial services provider’s stock valued at $134,524,000 after purchasing an additional 13,487 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in Webster Financial by 12.9% during the second quarter. American Century Companies Inc. now owns 2,640,425 shares of the financial services provider’s stock worth $115,096,000 after buying an additional 301,935 shares in the last quarter. Institutional investors own 85.58% of the company’s stock.
Insider Buying and Selling at Webster Financial
In other news, insider Daniel Bley sold 3,463 shares of the stock in a transaction on Monday, October 21st. The stock was sold at an average price of $52.10, for a total value of $180,422.30. Following the completion of the transaction, the insider now owns 19,529 shares of the company’s stock, valued at approximately $1,017,460.90. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, insider Daniel Bley sold 3,463 shares of the company’s stock in a transaction that occurred on Monday, October 21st. The shares were sold at an average price of $52.10, for a total value of $180,422.30. Following the completion of the sale, the insider now directly owns 19,529 shares of the company’s stock, valued at approximately $1,017,460.90. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Albert Jen-Wen Wang sold 4,000 shares of the stock in a transaction that occurred on Monday, October 21st. The shares were sold at an average price of $52.43, for a total transaction of $209,720.00. Following the completion of the transaction, the chief accounting officer now owns 14,273 shares of the company’s stock, valued at $748,333.39. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,963 shares of company stock valued at $620,272 in the last quarter. Corporate insiders own 0.72% of the company’s stock.
Webster Financial Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 12th. Investors of record on Friday, November 1st will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.15%. The ex-dividend date is Friday, November 1st. Webster Financial’s dividend payout ratio is currently 36.28%.
About Webster Financial
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.
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