With 2.35 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.37 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $48.215 whereas the lowest price it dropped to was $47.57. The 52-week range on WBS shows that it touched its highest point at $53.39 and its lowest point at $36.36 during that stretch. It currently has a 1-year price target of $55.12. With its current market cap of 8.23 billion, WBS has annualized dividend of $1.60 while the current yield stands at 3.33%. Beta for the stock currently stands at 1.27.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of WBS was up-trending over the past week, with a rise of 7.47%, but this was up by 6.47% over a month. Three-month performance surged to 17.55% while six-month performance fell -5.60%. The stock gained 18.36% in the past year, while it has lost -5.38% so far this year. A look at the trailing 12-month EPS for WBS yields 4.60 with Next year EPS estimates of 5.91. For the next quarter, that number is 1.34. This implies an EPS growth rate of -11.96% for this year and 11.80% for next year. EPS is expected to grow by 19.40% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 5.17%.
Float and Shares Shorts:
At present, 172.02 million WBS shares are outstanding with a float of 169.81 million shares on hand for trading. On 2024-08-30, short shares totaled 3.49 million, which was 202.99999 higher than short shares on 1722384000. In addition to Mr. John R. Ciulla as the firm’s Chairman & CEO, Mr. Luis R. Massiani serves as its President & COO.
Institutional Ownership:
Through their ownership of 0.87087995 of WBS’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WBS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
