Q1 EPS Estimates for Webster Financial Reduced by Wedbush

Webster Financial Co. (NYSE:WBS) – Investment analysts at Wedbush cut their Q1 2025 earnings estimates for shares of Webster Financial in a research report issued on Friday, October 18th. Wedbush analyst D. Chiaverini now forecasts that the financial services provider will post earnings per share of $1.34 for the quarter, down from their previous forecast 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.

A number of other equities analysts have also issued reports on the stock. StockNews.com lowered shares of Webster Financial from a “hold” rating to a “sell” rating in a research report on Friday. Morgan Stanley decreased 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. Wells Fargo & Company upped their price objective on shares of Webster Financial from $50.00 to $60.00 and gave the company an “equal weight” rating in a research report on Friday. Jefferies Financial Group decreased their target price on Webster Financial from $56.00 to $51.00 and set a “buy” rating on the stock in a research report on Wednesday, July 3rd. Finally, Royal Bank of Canada boosted their price target on Webster Financial from $57.00 to $62.00 and gave the company an “outperform” rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $57.85.

Webster Financial Stock Performance

Shares of NYSE WBS opened at $52.91 on Monday. Webster Financial has a 12 month low of $36.36 and a 12 month high of $54.38. The company has a quick ratio of 0.85, a current ratio of 0.86 and a debt-to-equity ratio of 0.45. The company has a market cap of $9.07 billion, a P/E ratio of 12.00, a P/E/G ratio of 0.88 and a beta of 1.28. The business’s 50 day moving average is $46.21 and its two-hundred day moving average is $45.33.

Webster Financial (NYSE:WBS) last posted 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). Webster Financial had a return on equity of 11.03% and a net margin of 18.80%. The business had revenue of $647.62 million during the quarter, compared to the consensus estimate of $677.72 million. During the same quarter in the previous year, the firm posted $1.55 earnings per share.

Hedge Funds Weigh In On Webster Financial

Large investors have recently bought and sold shares of the business. Wedmont Private Capital lifted its stake in shares of Webster Financial by 6.5% in the 1st quarter. Wedmont Private Capital now owns 6,054 shares of the financial services provider’s stock valued at $294,000 after purchasing an additional 367 shares during the period. Park Avenue Securities LLC boosted its holdings in Webster Financial by 24.5% during the first quarter. Park Avenue Securities LLC now owns 5,196 shares of the financial services provider’s stock worth $264,000 after buying an additional 1,023 shares during the last quarter. Cardinal Capital Management boosted its holdings in Webster Financial by 18.0% during the first quarter. Cardinal Capital Management now owns 45,799 shares of the financial services provider’s stock worth $2,325,000 after buying an additional 7,001 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of Webster Financial by 16.2% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,584,179 shares of the financial services provider’s stock worth $80,429,000 after buying an additional 220,942 shares during the period. Finally, Penbrook Management LLC increased its stake in shares of Webster Financial by 9.6% in the 1st quarter. Penbrook Management LLC now owns 5,130 shares of the financial services provider’s stock valued at $260,000 after acquiring an additional 450 shares during the last quarter. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Jason A. Soto sold 1,650 shares of the firm’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 value of $76,428.00. Following the completion of the sale, the insider now owns 20,539 shares of the company’s stock, valued at $951,366.48. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, insider Jason A. Soto sold 1,650 shares of the firm’s stock in a transaction dated Wednesday, July 24th. The stock was sold at an average price of $46.32, for a total value of $76,428.00. Following the transaction, the insider now owns 20,539 shares in the company, valued at $951,366.48. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Charles L. Wilkins sold 5,000 shares of Webster Financial stock in a transaction dated 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 sale, the insider now owns 45,157 shares of the company’s stock, valued at approximately $2,215,853.99. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.88% of the stock is currently owned by corporate insiders.

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.