Q1 Earnings Estimate for Webster Financial Issued By Wedbush

Webster Financial Co. (NYSE:WBS) – Analysts at Wedbush reduced their Q1 2025 earnings estimates for shares of Webster Financial in a research note issued to investors on Friday, October 18th. Wedbush analyst D. Chiaverini now forecasts that the financial services provider will earn $1.34 per share for the quarter, down from their prior estimate of $1.37. Wedbush 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 $5.26 per share. Wedbush also issued estimates for Webster Financial’s Q2 2025 earnings at $1.41 EPS, Q4 2025 earnings at $1.58 EPS, FY2025 earnings at $5.85 EPS and FY2026 earnings at $6.60 EPS.

WBS has been the subject of several other reports. Barclays increased their price target on Webster Financial from $60.00 to $63.00 and gave the company an “overweight” rating in a research report on Friday. Stephens set a $58.00 target price on shares of Webster Financial in a report on Thursday. Wells Fargo & Company lifted their price target on Webster Financial from $50.00 to $60.00 and gave the stock an “equal weight” rating in a report on Friday. Morgan Stanley reduced their target price on Webster Financial from $57.00 to $54.00 and set an “equal weight” rating for the company in a research note on Monday, September 30th. Finally, StockNews.com cut Webster Financial from a “hold” rating to a “sell” rating in a research note on Friday. One analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $57.85.

Webster Financial Stock Down 2.5 %

Shares of WBS stock opened at $52.91 on Monday. The firm’s fifty day moving average price is $46.21 and its two-hundred day moving average price is $45.33. Webster Financial has a 1 year low of $36.36 and a 1 year high of $54.38. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $9.07 billion, a P/E ratio of 12.00, a PEG ratio of 0.88 and a beta of 1.28.

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

Hedge Funds Weigh In On Webster Financial

Several hedge funds and other institutional investors have recently modified their holdings of the business. BNP Paribas Financial Markets boosted its stake in Webster Financial by 156.5% in the first quarter. BNP Paribas Financial Markets now owns 96,052 shares of the financial services provider’s stock valued at $4,877,000 after buying an additional 58,602 shares in the last quarter. Sound Income Strategies LLC boosted its stake in shares of Webster Financial by 1,859.1% in the 2nd quarter. Sound Income Strategies LLC now owns 15,692 shares of the financial services provider’s stock valued at $684,000 after purchasing an additional 14,891 shares in the last quarter. Jupiter Asset Management Ltd. bought a new stake in shares of Webster Financial during the 1st quarter valued at approximately $3,529,000. TimesSquare Capital Management LLC increased its position in Webster Financial by 28.9% during the 1st quarter. TimesSquare Capital Management LLC now owns 94,670 shares of the financial services provider’s stock worth $4,806,000 after purchasing an additional 21,245 shares in the last quarter. Finally, Sei Investments Co. lifted its stake in Webster Financial by 14.8% in the 1st quarter. Sei Investments Co. now owns 1,696,519 shares of the financial services provider’s stock valued at $86,133,000 after purchasing an additional 218,877 shares during the last quarter. Institutional investors own 85.58% of the company’s stock.

Insider Buying and Selling at Webster Financial

In other Webster Financial news, insider Charles L. Wilkins sold 5,000 shares of Webster Financial stock in a transaction on Friday, July 26th. The stock was sold at an average price of $49.07, for a total value of $245,350.00. Following the completion of the transaction, the insider now directly owns 45,157 shares of the company’s stock, valued at $2,215,853.99. 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. In other Webster Financial news, insider Charles L. Wilkins sold 5,000 shares of the firm’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $49.07, for a total value of $245,350.00. Following the transaction, the insider now directly owns 45,157 shares of the company’s stock, valued at $2,215,853.99. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jason A. Soto sold 1,650 shares of the business’s stock in a transaction that occurred on Wednesday, July 24th. The shares were sold at an average price of $46.32, for a total transaction of $76,428.00. Following the completion of the transaction, the insider now owns 20,539 shares of the company’s stock, valued at $951,366.48. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.88% of the company’s stock.

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.