Webster Financial (WBS) Expected to Announce Quarterly Earnings on Thursday

Webster Financial (NYSE:WBS - Get Free Report) will likely be releasing its Q1 2025 earnings data before the market opens on Thursday, April 24th. Analysts expect Webster Financial to post earnings of $1.39 per share and revenue of $708.46 million for the quarter.

Webster Financial (NYSE:WBS - Get Free Report) last announced its quarterly earnings data on Friday, January 17th. The financial services provider reported $1.43 EPS for the quarter, beating analysts' consensus estimates of $1.35 by $0.08. Webster Financial had a net margin of 18.39% and a return on equity of 10.82%. The business had revenue of $661.00 million during the quarter, compared to analyst estimates of $687.53 million. During the same quarter in the prior year, the business earned $1.46 earnings per share. On average, analysts expect Webster Financial to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Webster Financial Stock Performance

WBS traded down $0.60 on Monday, hitting $44.55. 1,424,186 shares of the stock traded hands, compared to its average volume of 1,266,369. The business has a fifty day moving average price of $50.45 and a two-hundred day moving average price of $54.40. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.34. Webster Financial has a 52 week low of $39.34 and a 52 week high of $63.99. The firm has a market capitalization of $7.50 billion, a PE ratio of 10.19, a P/E/G ratio of 1.02 and a beta of 1.05.

Webster Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Investors of record on Monday, February 10th were paid a $0.40 dividend. The ex-dividend date was Monday, February 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.59%. Webster Financial's payout ratio is 36.61%.

Insider Buying and Selling at Webster Financial

In other news, CEO John R. Ciulla sold 8,000 shares of the company's stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $57.43, for a total value of $459,440.00. Following the completion of the sale, the chief executive officer now directly owns 210,051 shares of the company's stock, valued at $12,063,228.93. This represents a 3.67 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Laurence C. Morse sold 13,217 shares of Webster Financial stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $59.07, for a total transaction of $780,728.19. Following the transaction, the director now directly owns 18,808 shares in the company, valued at $1,110,988.56. The trade was a 41.27 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.88% of the company's stock.

Analyst Ratings Changes

Several brokerages have issued reports on WBS. Morgan Stanley lowered their price target on shares of Webster Financial from $75.00 to $66.00 and set an "equal weight" rating on the stock in a report on Thursday, March 13th. Raymond James lowered their price objective on Webster Financial from $65.00 to $58.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 2nd. Royal Bank of Canada boosted their price target on Webster Financial from $66.00 to $68.00 and gave the company an "outperform" rating in a research note on Tuesday, January 21st. Barclays dropped their price objective on Webster Financial from $80.00 to $72.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Finally, Wells Fargo & Company lowered their target price on shares of Webster Financial from $75.00 to $60.00 and set an "overweight" rating on the stock in a report on Wednesday, April 9th. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $61.92.

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.