DA Davidson Has Bearish Forecast for WesBanco Q1 Earnings

WesBanco, Inc. (NASDAQ:WSBC) – Stock analysts at DA Davidson reduced their Q1 2025 earnings per share estimates for WesBanco in a report issued on Friday, March 21st. DA Davidson analyst M. Navas now expects that the financial services provider will earn $0.61 per share for the quarter, down from their previous estimate of $0.71. DA Davidson has a “Buy” rating and a $45.00 price objective on the stock. The consensus estimate for WesBanco’s current full-year earnings is $3.24 per share.

Other analysts have also issued research reports about the stock. StockNews.com raised shares of WesBanco from a “sell” rating to a “hold” rating in a research report on Tuesday, February 4th. Raymond James raised shares of WesBanco from an “outperform” rating to a “strong-buy” rating and boosted their target price for the company from $35.00 to $44.00 in a report on Friday, December 6th. Keefe, Bruyette & Woods raised WesBanco from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $40.00 to $44.00 in a report on Monday, February 10th. Finally, Stephens reiterated an “equal weight” rating and issued a $39.00 price target on shares of WesBanco in a research report on Thursday, January 23rd. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $40.83.

WesBanco Price Performance

NASDAQ WSBC opened at $32.34 on Monday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.55. The company has a market cap of $2.16 billion, a PE ratio of 14.44 and a beta of 0.84. WesBanco has a 52 week low of $25.56 and a 52 week high of $37.36. The firm’s 50-day simple moving average is $33.88 and its two-hundred day simple moving average is $32.97.

WesBanco (NASDAQ:WSBC) last issued its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.17. WesBanco had a return on equity of 6.30% and a net margin of 15.89%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Sterling Capital Management LLC boosted its stake in WesBanco by 807.0% during the fourth quarter. Sterling Capital Management LLC now owns 1,814 shares of the financial services provider’s stock valued at $59,000 after buying an additional 1,614 shares during the period. Point72 Asset Management L.P. purchased a new stake in shares of WesBanco in the 3rd quarter valued at about $56,000. Principal Securities Inc. raised its holdings in shares of WesBanco by 40.9% in the 4th quarter. Principal Securities Inc. now owns 2,079 shares of the financial services provider’s stock valued at $68,000 after acquiring an additional 603 shares in the last quarter. Roble Belko & Company Inc bought a new stake in shares of WesBanco during the 4th quarter valued at about $78,000. Finally, Allworth Financial LP grew its holdings in shares of WesBanco by 668.5% during the fourth quarter. Allworth Financial LP now owns 2,467 shares of the financial services provider’s stock worth $78,000 after purchasing an additional 2,146 shares in the last quarter. Institutional investors own 61.41% of the company’s stock.

WesBanco Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 10th will be given a dividend of $0.37 per share. The ex-dividend date is Monday, March 10th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 4.58%. WesBanco’s dividend payout ratio (DPR) is currently 66.07%.

WesBanco Company Profile

WesBanco, Inc operates as the bank holding company for WesBanco Bank, Inc that provides retail banking, corporate banking, personal and corporate trust, brokerage, mortgage banking, and insurance services to individuals and businesses in the United States. The company operates through two segments, Community Banking, and Trust and Investment Services.