FY2025 EPS Estimates for WSFS Financial Lowered by Analyst

WSFS Financial Co. (NASDAQ:WSFS) – Equities research analysts at DA Davidson lowered their FY2025 earnings per share estimates for WSFS Financial in a research note issued to investors on Thursday, December 19th. DA Davidson analyst M. Navas now forecasts that the bank will post earnings of $4.30 per share for the year, down from their previous estimate of $4.35. The consensus estimate for WSFS Financial’s current full-year earnings is $4.27 per share.

WSFS Financial (NASDAQ:WSFS) last issued its quarterly earnings data on Thursday, October 24th. The bank reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.02. WSFS Financial had a net margin of 18.78% and a return on equity of 10.56%. The business had revenue of $267.61 million for the quarter, compared to the consensus estimate of $260.35 million. During the same period in the previous year, the firm earned $1.23 EPS. The company’s quarterly revenue was up .6% compared to the same quarter last year.

WSFS has been the topic of a number of other research reports. Janney Montgomery Scott reiterated a “neutral” rating on shares of WSFS Financial in a report on Monday, October 28th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $54.00 price target (down from $58.00) on shares of WSFS Financial in a research note on Tuesday, October 29th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, WSFS Financial presently has an average rating of “Hold” and a consensus target price of $59.75.

WSFS Financial Price Performance

WSFS stock opened at $52.90 on Monday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.86 and a quick ratio of 0.86. WSFS Financial has a 1 year low of $40.19 and a 1 year high of $62.75. The firm has a 50-day moving average of $55.56 and a 200 day moving average of $52.09. The company has a market cap of $3.12 billion, a P/E ratio of 12.08 and a beta of 1.06.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Louisiana State Employees Retirement System raised its position in shares of WSFS Financial by 0.7% in the 2nd quarter. Louisiana State Employees Retirement System now owns 30,200 shares of the bank’s stock worth $1,419,000 after purchasing an additional 200 shares during the last quarter. FMR LLC increased its stake in WSFS Financial by 5.9% during the 3rd quarter. FMR LLC now owns 4,283 shares of the bank’s stock valued at $218,000 after purchasing an additional 239 shares in the last quarter. GAMMA Investing LLC raised its holdings in WSFS Financial by 41.8% in the third quarter. GAMMA Investing LLC now owns 1,451 shares of the bank’s stock worth $74,000 after buying an additional 428 shares during the last quarter. Profund Advisors LLC lifted its stake in shares of WSFS Financial by 9.4% in the second quarter. Profund Advisors LLC now owns 5,273 shares of the bank’s stock worth $248,000 after buying an additional 452 shares in the last quarter. Finally, International Assets Investment Management LLC grew its holdings in shares of WSFS Financial by 5,000.0% during the third quarter. International Assets Investment Management LLC now owns 918 shares of the bank’s stock valued at $47,000 after buying an additional 900 shares during the last quarter. Hedge funds and other institutional investors own 88.49% of the company’s stock.

WSFS Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were issued a dividend of $0.15 per share. The ex-dividend date was Friday, November 8th. This represents a $0.60 annualized dividend and a dividend yield of 1.13%. WSFS Financial’s payout ratio is 13.70%.

WSFS Financial Company Profile

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.