Q1 EPS Estimates for Webster Financial Reduced by Wedbush

Webster Financial Co. (NYSE:WBS) – Equities research analysts at Wedbush cut their Q1 2025 earnings per share estimates for Webster Financial in a research report issued to clients and investors on Tuesday, November 5th. Wedbush analyst D. Chiaverini now expects that the financial services provider will post earnings of $1.30 per share for the quarter, down from their prior forecast of $1.34. Wedbush currently has a “Neutral” rating and a $59.00 price target on the stock. The consensus estimate for Webster Financial’s current full-year earnings is $5.23 per share. Wedbush also issued estimates for Webster Financial’s Q2 2025 earnings at $1.37 EPS, Q3 2025 earnings at $1.46 EPS, Q4 2025 earnings at $1.52 EPS, FY2025 earnings at $5.65 EPS and FY2026 earnings at $6.50 EPS.

Webster Financial (NYSE:WBS) last announced its quarterly earnings data on Thursday, October 17th. The financial services provider reported $1.34 EPS for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.01). The firm had revenue of $647.62 million during the quarter, compared to the consensus estimate of $677.72 million. Webster Financial had a net margin of 18.80% and a return on equity of 11.03%. During the same quarter in the previous year, the business posted $1.55 earnings per share.

Other analysts have also recently issued research reports about the stock. Royal Bank of Canada upped their target price on shares of Webster Financial from $57.00 to $62.00 and gave the company an “outperform” rating in a research report on Friday, October 18th. Barclays lifted their price objective on Webster Financial from $60.00 to $63.00 and gave the company an “overweight” rating in a report on Friday, October 18th. StockNews.com upgraded Webster Financial from a “sell” rating to a “hold” rating in a report on Tuesday, October 29th. Stephens set a $58.00 target price on Webster Financial in a research report on Thursday, October 17th. Finally, Morgan Stanley cut their price target on shares of Webster Financial from $57.00 to $54.00 and set an “equal weight” rating on the stock in a research report on Monday, September 30th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, Webster Financial has an average rating of “Moderate Buy” and a consensus price target of $57.85.

Webster Financial Stock Up 18.2 %

Shares of NYSE:WBS opened at $60.12 on Wednesday. The company has a 50 day moving average of $47.68 and a 200-day moving average of $45.71. Webster Financial has a one year low of $38.54 and a one year high of $60.13. The stock has a market cap of $10.31 billion, a price-to-earnings ratio of 13.00, a P/E/G ratio of 0.84 and a beta of 1.27. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.86 and a quick ratio of 0.86.

Hedge Funds Weigh In On Webster Financial

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in Webster Financial by 0.3% in the first quarter. Vanguard Group Inc. now owns 17,926,270 shares of the financial services provider’s stock valued at $910,117,000 after acquiring an additional 54,841 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Webster Financial by 1.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,237,482 shares of the financial services provider’s stock valued at $316,678,000 after purchasing an additional 95,780 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Webster Financial by 28.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,522,044 shares of the financial services provider’s stock worth $240,687,000 after buying an additional 1,206,575 shares in the last quarter. Earnest Partners LLC lifted its position in shares of Webster Financial by 0.4% during the 2nd quarter. Earnest Partners LLC now owns 3,086,111 shares of the financial services provider’s stock worth $134,524,000 after buying an additional 13,487 shares during the last quarter. Finally, American Century Companies Inc. boosted its stake in Webster Financial by 12.9% in the second quarter. American Century Companies Inc. now owns 2,640,425 shares of the financial services provider’s stock valued at $115,096,000 after buying an additional 301,935 shares in the last quarter. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Webster Financial

In other Webster Financial news, insider Daniel Bley sold 3,463 shares of the stock in a transaction on Monday, October 21st. The stock was sold at an average price of $52.10, for a total transaction of $180,422.30. Following the transaction, the insider now owns 19,529 shares in the company, valued at $1,017,460.90. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Webster Financial news, insider Daniel Bley sold 3,463 shares of Webster Financial stock in a transaction on Monday, October 21st. The stock was sold at an average price of $52.10, for a total value of $180,422.30. Following the completion of the transaction, the insider now directly owns 19,529 shares of the company’s stock, valued at $1,017,460.90. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mark Pettie sold 4,500 shares of the stock in a transaction on Tuesday, October 22nd. The stock was sold at an average price of $51.14, for a total value of $230,130.00. Following the sale, the director now directly owns 32,780 shares in the company, valued at approximately $1,676,369.20. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,963 shares of company stock worth $620,272 over the last quarter. Company insiders own 0.72% of the company’s stock.

Webster Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Friday, November 1st will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.66%. The ex-dividend date of this dividend is Friday, November 1st. Webster Financial’s dividend payout ratio is presently 36.28%.

Webster Financial Company Profile

Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of financial products and services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Bank, and Consumer Banking.