FY2025 EPS Estimate for WSFS Financial Raised by Analyst

WSFS Financial Co. (NASDAQ:WSFS - Free Report) - Stock analysts at DA Davidson lifted their FY2025 EPS estimates for WSFS Financial in a report released on Thursday, January 30th. DA Davidson analyst M. Navas now forecasts that the bank will post earnings per share of $4.70 for the year, up from their previous estimate of $4.30. The consensus estimate for WSFS Financial's current full-year earnings is $4.40 per share. DA Davidson also issued estimates for WSFS Financial's FY2026 earnings at $5.00 EPS.

WSFS Financial (NASDAQ:WSFS - Get Free Report) last issued its quarterly earnings results on Monday, January 27th. The bank reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.13. WSFS Financial had a net margin of 18.77% and a return on equity of 10.30%.

Other equities analysts have also issued research reports about the company. Stephens reaffirmed an "overweight" rating and issued a $68.00 price objective on shares of WSFS Financial in a research note on Tuesday, January 28th. Janney Montgomery Scott restated a "neutral" rating on shares of WSFS Financial in a research report on Monday, October 28th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of WSFS Financial from $64.00 to $68.00 and gave the company a "market perform" rating in a report on Monday. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $64.75.

WSFS Financial Price Performance

WSFS Financial stock traded up $0.79 during mid-day trading on Monday, hitting $59.33. The stock had a trading volume of 225,584 shares, compared to its average volume of 268,012. WSFS Financial has a one year low of $40.19 and a one year high of $62.75. The company has a current ratio of 0.83, a quick ratio of 0.86 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $3.49 billion, a P/E ratio of 13.42 and a beta of 1.08. The firm's 50 day moving average is $55.28 and its 200 day moving average is $53.74.

WSFS Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be given a dividend of $0.15 per share. The ex-dividend date is Friday, February 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.01%. WSFS Financial's dividend payout ratio is currently 13.57%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. FMR LLC lifted its holdings in shares of WSFS Financial by 5.9% in the 3rd quarter. FMR LLC now owns 4,283 shares of the bank's stock valued at $218,000 after acquiring an additional 239 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of WSFS Financial by 41.8% in the 3rd quarter. GAMMA Investing LLC now owns 1,451 shares of the bank's stock worth $74,000 after purchasing an additional 428 shares during the period. Smartleaf Asset Management LLC increased its position in shares of WSFS Financial by 32.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,304 shares of the bank's stock valued at $176,000 after purchasing an additional 804 shares during the last quarter. International Assets Investment Management LLC lifted its position in WSFS Financial by 5,000.0% in the third quarter. International Assets Investment Management LLC now owns 918 shares of the bank's stock worth $47,000 after buying an additional 900 shares during the last quarter. Finally, Handelsbanken Fonder AB boosted its stake in WSFS Financial by 9.8% during the third quarter. Handelsbanken Fonder AB now owns 12,305 shares of the bank's stock worth $627,000 after buying an additional 1,100 shares during the period. 88.49% of the stock is owned by hedge funds and other institutional investors.

About WSFS Financial

WSFS Financial Corporation operates as the savings and loan holding company for the Wilmington Savings Fund Society, FSB that provides various banking services in the United States. It operates through three segments: WSFS Bank, Cash Connect, and Wealth Management. It offers various deposit products, including savings accounts, demand deposits, interest-bearing demand deposits, money market deposit accounts, and certificates of deposit, as well as accepts jumbo certificates of deposit from individuals, businesses, and municipalities.