WesBanco (WSBC) Stock Price, News & Analysis

Company Overview

WesBanco, Inc. operates as the bank holding company for WesBanco Bank, Inc. that provides retail banking, corporate banking, personal and corporate trust, brokerage, mortgage banking, and insurance services to individuals and businesses in the United States. The company operates through two segments, Community Banking, and Trust and Investment Services. It offers commercial demand, individual demand, and time deposit accounts; commercial, mortgage and individual installment loans; retail loans, such as residential real estate mortgage loans, home equity lines of credit, and loans for other consumer purposes; installment loans to finance the purchase of automobiles, trucks, motorcycles, boats, and other recreational vehicles, as well as home equity installment loans, unsecured home improvement loans, and revolving lines of credit; and various non-traditional offerings, such as insurance and securities brokerage services. The company also provides trust services; and various alternative investment products, including mutual funds and annuities. In addition, it acts as an agency that specializes in property, casualty, life, and title insurance, as well as benefit plan sales and administration to personal and commercial clients; provides broker dealer and discount brokerage services; holds investment securities and loans; and holds and leases commercial real estate properties, as well as acts as an investment adviser to a family of mutual funds. WesBanco, Inc. was founded in 1870 and is headquartered in Wheeling, West Virginia.

Key Stats

• Today's Range: $35.08 to $36.14
• 50-Day Range: $28.70 to $36.26
• 52-Week Range: $25.56 to $36.87
• Volume: 300,601 shs
• Average Volume: 414,513 shs
• Market Capitalization: $2.38 billion
• P/E Ratio: 17.05
• Dividend Yield: 4.04%
• Price Target: $36.17
• Consensus Rating: Moderate Buy

WesBanco Stock Analysis - MarketRank™

WesBanco scored higher than 76% of companies evaluated by MarketBeat, and ranked 340th out of 963 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

WesBanco has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

WesBanco has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 47.66%

Earnings Growth

Earnings for WesBanco are expected to grow by 47.66% in the coming year, from $2.14 to $3.16 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of WesBanco is 17.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.33.

Price to Earnings Ratio vs. Sector

The P/E ratio of WesBanco is 17.05, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 25.81.

Price to Book Value per Share Ratio

WesBanco has a P/B Ratio of 0.90. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.64% of the float of WesBanco has been sold short.

Short Interest Ratio / Days to Cover

WesBanco has a short interest ratio ("days to cover") of 5.1.

Change versus previous month

Short interest in WesBanco has recently increased by 6.88%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 5.0 / 5
• Dividend Strength: Strong

Dividend Leadership

WesBanco is a leading dividend payer. It pays a dividend yield of 4.04%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

WesBanco has been increasing its dividend for 13 years.

Dividend Coverage

The dividend payout ratio of WesBanco is 68.90%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, WesBanco will have a dividend payout ratio of 45.57% next year. This indicates that WesBanco will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.64% of the float of WesBanco has been sold short.

Short Interest Ratio / Days to Cover

WesBanco has a short interest ratio ("days to cover") of 5.1.

Change versus previous month

Short interest in WesBanco has recently increased by 6.88%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.57

News Sentiment

WesBanco has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for WesBanco this week, compared to 2 articles on an average week.

MarketBeat Follows

Only 1 people have added WesBanco to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, WesBanco insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $39,229.00 in company stock.

Percentage Held by Insiders

Only 3.44% of the stock of WesBanco is held by insiders.

Percentage Held by Institutions

61.41% of the stock of WesBanco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WSBC Stock Analysis - Frequently Asked Questions

How have WSBC shares performed this year?

WesBanco's stock was trading at $31.37 at the beginning of 2024. Since then, WSBC shares have increased by 13.6% and is now trading at $35.64.
View the best growth stocks for 2024 here.

How were WesBanco's earnings last quarter?

WesBanco, Inc. (NASDAQ:WSBC) released its earnings results on Wednesday, October, 23rd. The financial services provider reported $0.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.51 by $0.03. The financial services provider earned $243.34 million during the quarter, compared to analysts' expectations of $152.40 million. WesBanco had a net margin of 14.79% and a trailing twelve-month return on equity of 5.75%.

Who are WesBanco's major shareholders?

Top institutional shareholders of WesBanco include Wellington Management Group LLP (5.83%), State Street Corp (2.89%), Wesbanco Bank Inc. (2.46%) and Geode Capital Management LLC (2.12%). Insiders that own company stock include Todd Clossin, Kerry M Stemler, Jayson M Zatta, Robert J Fitzsimmons, Michael L Perkins, Gregory S Proctor Jr, Brent E Richmond, Jonathan D Dargusch, Jeffrey H Jackson, Denise H Knouse-Snyder, Scott A Love, Joseph R Robinson, F Eric Nelson Jr, James W Cornelsen and Stephen J Callen.
View institutional ownership trends.

How do I buy shares of WesBanco?

Shares of WSBC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of WesBanco own?

Based on aggregate information from My MarketBeat watchlists, some other companies that WesBanco investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Ex-Dividend for 10/1 Dividend: 9/06/2024
• Dividend Payable: 10/01/2024
• Last Earnings: 10/23/2024
• Today: 11/16/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/28/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: National commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:WSBC
• CUSIP: 95081010
• CIK: 203596
• Web: www.wesbanco.com
• Phone: (304) 234-9000
• Fax: 304-234-9450
• Employees: 2,321
• Year Founded: 1870

Price Target and Rating

• Average Stock Price Target: $36.17
• High Stock Price Target: $42.00
• Low Stock Price Target: $34.00
• Potential Upside/Downside: +1.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.09
• Trailing P/E Ratio: 17.05
• Forward P/E Ratio: 16.65
• P/E Growth: N/A
• Net Income: $159.03 million
• Net Margins: 14.79%
• Pretax Margin: 18.02%
• Return on Equity: 5.75%
• Return on Assets: 0.78%

Debt

• Debt-to-Equity Ratio: 0.55
• Current Ratio: 0.93
• Quick Ratio: 0.93

Sales & Book Value

• Annual Sales: $584.63 million
• Price / Sales: 4.08
• Cash Flow: $3.18 per share
• Price / Cash Flow: 11.19
• Book Value: $39.73 per share
• Price / Book: 0.90

Miscellaneous

• Outstanding Shares: 66,872,000
• Free Float: 64,572,000
• Market Cap: $2.38 billion
• Optionable: Optionable
• Beta: 0.81