WSFS Financial (WSFS) Stock Price, News & Analysis

Company Overview

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. The company also provides a range of loans, which comprise fixed and adjustable rate residential loans; commercial mortgage and commercial loans; commercial construction loans; commercial loans for working capital, financing equipment and real estate acquisitions, business expansion and other business purposes; and consumer credit products, such as home equity loans, home equity lines of credit, automobile loans, unsecured lines of credit, and other secured and unsecured personal installment loans. In addition, it offers insurance products; planning and advisory services, investment management, trust services, and credit and deposit products to individual, corporate and institutional clients; retail securities and insurance brokerage services; mortgage and title services; residential mortgage and refinancing solutions; and leases small equipment and fixed assets, as well as provides financial planning, customized investment strategies, brokerage products, fiduciary, and wealth management services. Further, the company provides ATM vault cash, smart safe, and other cash logistics services; and online reporting and ATM cash management, predictive cash ordering and reconcilement services, armored carrier management, loss protection, and deposit safe cash logistics services, as well as trustee, agency, bankruptcy administration, custodial and commercial domicile services. The company was founded in 1832 and is based in Wilmington, Delaware.

Key Stats

• Today's Range: $56.56 to $58.57
• 50-Day Range: $48.57 to $58.68
• 52-Week Range: $37.09 to $60.54
• Volume: 186,447 shs
• Average Volume: 293,858 shs
• Market Capitalization: $3.39 billion
• P/E Ratio: 13.13
• Dividend Yield: 1.04%
• Price Target: $59.75
• Consensus Rating: Hold

WSFS Financial Stock Analysis - MarketRank™

WSFS Financial scored higher than 79% of companies evaluated by MarketBeat, and ranked 287th out of 930 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: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

WSFS Financial has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

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

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -0.94%

Earnings Growth

Earnings for WSFS Financial are expected to decrease by -0.94% in the coming year, from $4.27 to $4.23 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of WSFS Financial is 13.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.26.

Price to Earnings Ratio vs. Sector

The P/E ratio of WSFS Financial is 13.13, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.18.

Price to Book Value per Share Ratio

WSFS Financial has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.64% of the outstanding shares of WSFS Financial have been sold short.

Short Interest Ratio / Days to Cover

WSFS Financial has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in WSFS Financial has recently decreased by 13.00%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

WSFS Financial pays a meaningful dividend of 1.04%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of WSFS Financial is 13.70%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, WSFS Financial will have a dividend payout ratio of 14.18% next year. This indicates that WSFS Financial will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.0 / 5
• Environmental Score: -0.43

Percentage of Shares Shorted

1.64% of the outstanding shares of WSFS Financial have been sold short.

Short Interest Ratio / Days to Cover

WSFS Financial has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in WSFS Financial has recently decreased by 13.00%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.28

News Sentiment

WSFS Financial has a news sentiment score of 1.28. 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 higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for WSFS Financial this week, compared to 4 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, WSFS Financial insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.29% of the stock of WSFS Financial is held by insiders.

Percentage Held by Institutions

88.49% of the stock of WSFS Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WSFS Stock Analysis - Frequently Asked Questions

How have WSFS shares performed this year?

WSFS Financial's stock was trading at $45.93 at the start of the year. Since then, WSFS shares have increased by 25.2% and is now trading at $57.50.
View the best growth stocks for 2024 here.

How were WSFS Financial's earnings last quarter?

WSFS Financial Co. (NASDAQ:WSFS) issued its quarterly earnings data on Thursday, October, 24th. The bank reported $1.08 EPS for the quarter, topping the consensus estimate of $1.06 by $0.02. The firm's revenue was up .6% compared to the same quarter last year.

When did WSFS Financial's stock split?

Shares of WSFS Financial split before market open on Tuesday, May 5th 2015. The 3-1 split was announced on Tuesday, March 17th 2015. The newly issued shares were payable to shareholders after the market closes on Monday, May 4th 2015. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

Does WSFS Financial have any subsidiaries?

The following companies are subsidiaries of WSFS Financial: Bryn Mawr Trust, Beneficial Mutual Bancorp, West Capital Management, Powdermill Financial Solutions, Penn Liberty Bank, Array Financial Group, Christiana Bank & Trust, and more.

Who are WSFS Financial's major shareholders?

Top institutional investors of WSFS Financial include State Street Corp (5.14%), Geode Capital Management LLC (2.42%), Champlain Investment Partners LLC (2.21%) and Pzena Investment Management LLC (1.38%). Insiders that own company stock include Patrick Joseph Ward, Rodger Levenson, Rodger Levenson, Richard Wright, Stephen P Clark, Arthur J Bacci, Michael J Donahue, Francis J Leto, Nancy J Foster, Christine Elizabeth Davis and Peggy H Eddens.
View institutional ownership trends.

How do I buy shares of WSFS Financial?

Shares of WSFS 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 WSFS Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that WSFS Financial investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY), Humana (HUM) and Voyager Therapeutics (VYGR).

Company Calendar

• Ex-Dividend for 8/23 Dividend: 8/09/2024
• Dividend Payable: 8/23/2024
• Last Earnings: 10/24/2024
• Ex-Dividend for 11/22 Dividend: 11/08/2024
• Today: 11/20/2024
• Dividend Payable: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/23/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: National commercial banks
• Sub-Industry: Thrifts & Mortgage Finance
• Current Symbol: NASDAQ:WSFS
• CUSIP: 92932810
• CIK: 828944
• Web: www.wsfsbank.com
• Phone: (302) 792-6000
• Fax: 302-571-6842
• Employees: 2,229
• Year Founded: 1832

Price Target and Rating

• Average Stock Price Target: $59.75
• High Stock Price Target: $68.00
• Low Stock Price Target: $54.00
• Potential Upside/Downside: +3.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.38
• Trailing P/E Ratio: 13.13
• Forward P/E Ratio: 13.47
• P/E Growth: N/A
• Net Income: $269.16 million
• Net Margins: 18.78%
• Pretax Margin: 25.37%
• Return on Equity: 10.56%
• Return on Assets: 1.29%

Debt

• Debt-to-Equity Ratio: 0.40
• Current Ratio: 0.86
• Quick Ratio: 0.86

Sales & Book Value

• Annual Sales: $1.05 billion
• Price / Sales: 3.23
• Cash Flow: $4.91 per share
• Price / Cash Flow: 11.72
• Book Value: $45.28 per share
• Price / Book: 1.27

Miscellaneous

• Outstanding Shares: 58,898,000
• Free Float: 58,185,000
• Market Cap: $3.39 billion
• Optionable: Optionable
• Beta: 1.02