Should I buy or sell Westpac Banking stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Westpac Banking in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street research analysts is that investors should "sell" WEBNF shares. View WEBNF analyst ratings or view top-rated stocks .

How have WEBNF shares performed in 2024?

Westpac Banking's stock was trading at C$15.00 at the beginning of 2024. Since then, WEBNF shares have increased by 20.7% and is now trading at C$18.10. View the best growth stocks for 2024 here .

Are investors shorting Westpac Banking?

Westpac Banking saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 13,518,100 shares, a decline of 23.5% from the May 31st total of 17,666,300 shares. Based on an average daily trading volume, of 4,100 shares, the days-to-cover ratio is currently 3,297.1 days. View Westpac Banking's Short Interest .

Is Westpac Banking a good dividend stock?

Westpac Banking (OTCMKTS:WEBNF) pays an annual dividend of C$1.78 per share and currently has a dividend yield of 6.28%. WEBNF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 74.57%. This payout ratio is at a healthy, sustainable level, below 75%.

How do I buy shares of Westpac Banking?

Shares of WEBNF 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 .

OTCMKTS:WEBNF

Westpac Banking (WEBNF) Stock Price, News & Analysis

C$18.10

+0.10 (+0.56%)

(As of 07/2/2024 ET)

Compare

Today's Range: C$17.51
▼
C$18.10
50-Day Range: C$16.54
▼
C$18.25
52-Week Range: C$12.75
▼
C$18.46

Volume: 1,310 shs
Average Volume: 6,855 shs
Market Capitalization: N/A

P/E Ratio: 7.58
Dividend Yield: 9.83%
Price Target: N/A

Stock Analysis Analyst Forecasts Chart Financials SEC Filings Short Interest

Get Westpac Banking alerts:

Westpac Banking MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.99
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.46 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Westpac Banking.
Read more about Westpac Banking's stock forecast and price target.

2.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Westpac Banking has a short interest ratio ("days to cover") of 3297.1, which indicates bearish sentiment.
Change versus previous month
Short interest in Westpac Banking has recently decreased by 23.48%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Leadership
Westpac Banking is a leading dividend payer. It pays a dividend yield of 6.28%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Westpac Banking does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Westpac Banking is 74.57%. This payout ratio is at a healthy, sustainable level, below 75%.
Read more about Westpac Banking's dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WEBNF.

1.7

News and Social Media Coverage

News Sentiment
Westpac Banking has a news sentiment score of 0.99. 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 news sentiment score is similar to the average news sentiment of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Westpac Banking this week, compared to 2 articles on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Westpac Banking insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 13.90% of the stock of Westpac Banking is held by institutions.
Read more about Westpac Banking's insider trading history.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Westpac Banking is 7.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of Westpac Banking is 7.58, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 482.72.

See Top Rated MarketRank™ Stocks Here

Ad Behind the Markets

ONE AI Stock is All You Need...

OpenAI founder Sam Altman admits AI "depends" on this firm's work. I consider this the last retirement stock you'll ever need.

Click here for the ticker >>>

About Westpac Banking Stock (OTCMKTS:WEBNF)

Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, and internationally. The company operates through Consumer, Business, Consumer and Business Banking, Westpac Institutional Bank, Specialist Businesses, and Westpac New Zealand segments. It offers savings, term deposit, business transaction, not-for-profit transaction, foreign currency, farm management deposit, project and retention trust, and statutory trust accounts; home, personal, business, and commercial loans; car and equipment finance; business overdrafts and bank guarantees; debit and credit cards; international and travel services; share trading services; investment products; and home, car, travel, life, caravan and trailer, credit card and loan repayment, boat, and business insurance products. In addition, the company provides corporate and institutional, transaction banking, financial market, corporate and structured finance, trade and supply chain financing, and industry specific banking and treasury services, as well as online banking services. It serves individuals; small, and medium enterprises; commercial and agribusiness; and private wealth clients; and corporate, institutional, and government customers. The company was formerly known as Bank of New South Wales and changed its name to Westpac Banking Corporation in October 1982. Westpac Banking Corporation was founded in 1817 and is based in Sydney, Australia.

WEBNF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WEBNF Stock News Headlines

June 30 at 8:38 AM | americanbankingnews.com

Short Interest in Westpac Banking Co. (OTCMKTS:WEBNF) Declines By 23.5%

November 6, 2022 | finance.yahoo.com

Westpac Drops as CEO Raises Cost Projection, Flags Uncertainty

July 3, 2024 | Oasis Gold (Ad)

New Government Policy to Wipe Out Seniors Wealth

Don't wait until it's too late. The digital dollar is nearing the end of its trial period, and the window of opportunity to protect your interests is closing fast.

November 6, 2022 | ca.finance.yahoo.com

Australian lender Westpac's profit falls on charge, raises target for costs

November 6, 2022 | finance.yahoo.com

Westpac Profit Meets Estimates on Rising Rates, Cost Cutting

October 10, 2022 | finance.yahoo.com

Australian Consumer Sentiment Worsens in October- Westpac

October 10, 2022 | finance.yahoo.com

Australian Consumer Sentiment ‘Deeply Pessimistic,’ Westpac Says

See More Headlines

Receive WEBNF Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Westpac Banking and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Financial Services
Industry: Banks - Diversified
Sub-Industry: N/A
Current Symbol: OTCMKTS:WEBNF
CUSIP: N/A
CIK: 719245
Web: www.westpac.com.au
Phone: (129) 155-7713
Fax: N/A
Employees: 33,664
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 7.58
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

The Next 7 Blockbuster Stocks for Growth Investors

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.

Get This Free Report

Key Executives

Mr. Peter Francis King BEc (Age 54)
F.C.A., CEO, MD & Director
Comp: $2.38M
Mr. Michael Campbell Rowland B.Com. (Age 63)
F.C.A., Chief Financial Officer
Comp: $1.11M
Mr. Scott Collary B.A. (Age 59)
Chief Information Officer
Comp: $1.15M
Ms. Christine Joy Parker (Age 64)
Group Executive of Human Resources
Comp: $931.83k
Mr. Jason Yetton B.Com. (Age 54)
GDAppFin, TGMP, Chief Executive of Consumer
Comp: $1.2M
Ms. Carolyn McCann B.A. (Age 51)
Group Executive of Customer & Corporate Services
Comp: $941.42k
Mr. Anthony Miller B.A. (Age 53)
L.L.B., Chief Executive of Business & Wealth
Comp: $1.47M
Mr. Ryan Armand Zanin C.F.A. (Age 61)
Chief Risk Officer
Comp: $1.91M
Ms. Catherine Anne McGrath B.Com. (Age 53)
L.L.B., Chief Executive Officer of Westpac New Zealand Limited
Comp: $837.88k
Mr. Justin McCarthy
General Manager of Investor Relations

Key Competitors

View All Competitors

WEBNF Stock Analysis - Frequently Asked Questions

Should I buy or sell Westpac Banking stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Westpac Banking in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street research analysts is that investors should "sell" WEBNF shares.
View WEBNF analyst ratings or view top-rated stocks.
How have WEBNF shares performed in 2024?: Westpac Banking's stock was trading at C$15.00 at the beginning of 2024. Since then, WEBNF shares have increased by 20.7% and is now trading at C$18.10.
View the best growth stocks for 2024 here.
Are investors shorting Westpac Banking?: Westpac Banking saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 13,518,100 shares, a decline of 23.5% from the May 31st total of 17,666,300 shares. Based on an average daily trading volume, of 4,100 shares, the days-to-cover ratio is currently 3,297.1 days.
View Westpac Banking's Short Interest.

Is Westpac Banking a good dividend stock?: Westpac Banking (OTCMKTS:WEBNF) pays an annual dividend of C$1.78 per share and currently has a dividend yield of 6.28%. WEBNF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 74.57%. This payout ratio is at a healthy, sustainable level, below 75%.
How do I buy shares of Westpac Banking?: Shares of WEBNF 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.