Waterstone Financial (WSBF) Stock Price, News & Analysis

Company Overview

Waterstone Financial, Inc. operates as a bank holding company for WaterStone Bank SSB that provides various financial services to customers in southeastern Wisconsin, the United States. It operates in two segments, Community Banking and Mortgage Banking. The Community Banking segment offers consumer and business banking products and services, such as deposit and transactional solutions, including checking accounts, online banking and bill pay services, money transfer services, as well as credit, debit, and pre-paid cards; investable funds solutions comprising savings, money market deposits, individual retirement accounts, and certificates of deposit; residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit; and fixed and variable annuities, insurance products, and trust and investment management accounts. It also provides transaction deposits, interest bearing transaction accounts, demand deposits, non-interest-bearing demand accounts, and time deposits; secured and unsecured lines; commercial real estate construction loans; term loans for working capital, inventory, and general corporate use; and personal term loans and investment services. The Mortgage Banking segment offers residential mortgage loans for the purpose of sale in the secondary market. It also invests in a portfolio of securities include mortgage-backed securities, government-sponsored and private-label enterprise bonds, collateralized mortgage and municipal obligations, and other debt securities. The company was formerly known as Wauwatosa Holdings, Inc. and changed its name to Waterstone Financial, Inc. in August 2008. The company was founded in 1921 and is based in Wauwatosa, Wisconsin.

Key Stats

• Today's Range: $15.19 to $15.50
• 50-Day Range: $13.62 to $16.53
• 52-Week Range: $10.60 to $16.86
• Volume: 40,150 shs
• Average Volume: 44,446 shs
• Market Capitalization: $294.81 million
• P/E Ratio: 20.85
• Dividend Yield: 3.94%
• Price Target: N/A
• Consensus Rating: N/A

Waterstone Financial Stock Analysis - MarketRank™

Waterstone Financial scored higher than 61% of companies evaluated by MarketBeat, and ranked 513th out of 922 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: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Waterstone Financial.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Waterstone Financial is 20.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.81.

Price to Earnings Ratio vs. Sector

The P/E ratio of Waterstone Financial is 20.85, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.28.

Price to Book Value per Share Ratio

Waterstone Financial has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.61% of the float of Waterstone Financial has been sold short.

Short Interest Ratio / Days to Cover

Waterstone Financial has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Waterstone Financial has recently decreased by 3.88%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Waterstone Financial is a leading dividend payer. It pays a dividend yield of 3.93%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Waterstone Financial does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Waterstone Financial is 82.19%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

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

Percentage of Shares Shorted

0.61% of the float of Waterstone Financial has been sold short.

Short Interest Ratio / Days to Cover

Waterstone Financial has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Waterstone Financial has recently decreased by 3.88%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.65

News Sentiment

Waterstone Financial has a news sentiment score of 0.65. 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 0.81 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Waterstone Financial this week, compared to 1 article on an average week.

MarketBeat Follows

Only 1 people have added Waterstone Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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, Waterstone Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $573,079.00 in company stock.

Percentage Held by Insiders

Only 8.30% of the stock of Waterstone Financial is held by insiders.

Percentage Held by Institutions

62.71% of the stock of Waterstone Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WSBF Stock Analysis - Frequently Asked Questions

How have WSBF shares performed this year?

Waterstone Financial's stock was trading at $14.20 at the beginning of 2024. Since then, WSBF stock has increased by 7.2% and is now trading at $15.22.
View the best growth stocks for 2024 here.

How were Waterstone Financial's earnings last quarter?

Waterstone Financial, Inc. (NASDAQ:WSBF) posted its quarterly earnings data on Monday, October, 18th. The savings and loans company reported $0.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.61 by $0.18. The savings and loans company had revenue of $67.05 million for the quarter, compared to analyst estimates of $60.30 million. Waterstone Financial had a trailing twelve-month return on equity of 4.18% and a net margin of 6.79%.

Who are Waterstone Financial's major shareholders?

Waterstone Financial's top institutional shareholders include State Street Corp (2.39%), Geode Capital Management LLC (2.05%), Foundry Partners LLC (1.06%) and Charles Schwab Investment Management Inc. (0.76%). Insiders that own company stock include Douglas S Gordon, Michael L Hansen, Stephen J Schmidt and Ellen Syburg Bartel.
View institutional ownership trends.

How do I buy shares of Waterstone Financial?

Shares of WSBF 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 Waterstone Financial own?

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

Company Calendar

• Last Earnings: 10/18/2021
• Ex-Dividend for 11/1 Dividend: 10/08/2024
• Dividend Payable: 11/01/2024
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/04/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Federal savings institutions
• Sub-Industry: Thrifts & Mortgage Finance
• Current Symbol: NASDAQ:WSBF
• CUSIP: 94188810
• CIK: 1569994
• Web: www.wsbonline.com
• Phone: (414) 761-1000
• Fax: 414-918-0890
• Employees: 698
• Year Founded: 1921

Profitability

• EPS (Most Recent Fiscal Year): $0.73
• Trailing P/E Ratio: 20.85
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $9.38 million
• Net Margins: 6.79%
• Pretax Margin: 8.69%
• Return on Equity: 4.18%
• Return on Assets: 0.63%

Debt

• Debt-to-Equity Ratio: 1.64
• Current Ratio: 1.48
• Quick Ratio: 1.36

Sales & Book Value

• Annual Sales: $180.39 million
• Price / Sales: 1.63
• Cash Flow: $0.63 per share
• Price / Cash Flow: 24.15
• Book Value: $17.65 per share
• Price / Book: 0.86

Miscellaneous

• Outstanding Shares: 19,370,000
• Free Float: 17,765,000
• Market Cap: $294.81 million
• Optionable: Optionable
• Beta: 0.63