Check out these key findings about Washington Trust Bancorp, Inc (WASH)

With 0.18 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.18 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $30.67 whereas the lowest price it dropped to was $29.94. The 52-week range on WASH shows that it touched its highest point at $40.59 and its lowest point at $24.11 during that stretch. It currently has a 1-year price target of $36.50. With its current market cap of 590.23 million, WASH has annualized dividend of $2.24 while the current yield stands at 7.31%. Beta for the stock currently stands at 0.83.

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 WASH was down-trending over the past week, with a drop of -2.26%, but this was down by -15.87% over a month. Three-month performance dropped to -0.52% while six-month performance rose 15.71%. The stock gained 0.10% in the past year, while it has lost -2.26% so far this year. A look at the trailing 12-month EPS for WASH yields 2.67 with Next year EPS estimates of 2.75. For the next quarter, that number is 0.58. This implies an EPS growth rate of -14.18% for this year and 13.64% for next year. EPS is expected to grow by 5.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -6.42%.

Float and Shares Shorts:

At present, 19.26 million WASH shares are outstanding with a float of 18.86 million shares on hand for trading. On 2024-12-13, short shares totaled 0.98 million, which was 575.0 higher than short shares on 1731628800. In addition to Mr. Edward Otis Handy III as the firm’s Chairman & CEO, Ms. Mary E. Noons serves as its President & COO.

Institutional Ownership:

Through their ownership of 0.63701 of WASH’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 WASH since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With WASH analysts setting a high price target of 37.0 and a low target of 36.0, the average target price over the next 12 months is 36.5. Based on these targets, WASH could surge 20.76% to reach the target high and rise by 17.49% to reach the target low. Reaching the average price target will result in a growth of 19.13% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.45888 being high and $2.38112 being low. For WASH, this leads to a yearly average estimate of $2.42.