Webster Financial Corporation C (NYSE:WBS):
Webster Financial Corporation Releases Results of 2016 Dodd-Frank Act Stress Test.
The company is trading down by -0.74 percent from yesterday’s close.
Webster Financial Corporation C also recently declared a dividend for shareholders that was paid on Monday the 22nd of August 2016. The dividend payment was $0.250 per share for the quarter which is $1.00 annualized. This dividend amount was represent a yeild of $2.51. The ex-dividend date was Thursday the 4th of August 2016.
Company shares last traded at $40.23 which is just a bit higher than $38.26, the stock’s 50 day moving average and just above the 200 day moving average of $36.96. The 50 day moving average moved up $1.97 whereas the 200 day average was up by +8.85%.
Webster Financial Corporation C currently has a P/E ratio of 19.07 and the market value is 3.69B. In the latest earnings report the EPS was $2.11 and is projected to be $2.12 for the current year with 91,686,000 shares now outstanding. Next quarter’s EPS is forecasted at $0.54 and the next full year EPS is projected to be $2.33.
Several investment analysts have weighed in on Webster Financial Corporation C recently. On October 11 Deutsche Bank kept the stock rating at “Buy” but raised the price target to $43.00 from $42.00. September 15 investment analysts at Deutsche Bank made no change to the stock rating of “Buy” and moved up the price target from $39.00 to $42.00.
July 7 investment analysts at JP Morgan made no change to the company rating of “Overweight” and lowered the price expectation from $45.00 to $38.00. On March 21 Barclays held the stock rating at “Overweight” but moved down the price target to $40.00 from $42.00.
February 24 investment analysts at Deutsche Bank left the company rating at “Buy” and lowered the price target from $40.00 to $39.00. On January 15 the stock rating was upgraded from “Neutral” to “Buy” in a statement from Goldman Sachs.