Q1 EPS Estimates for Webster Financial Decreased by Wedbush

Webster Financial Co. (NYSE:WBS) – Investment analysts at Wedbush reduced their Q1 2025 earnings per share (EPS) estimates for shares of Webster Financial in a report released 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 previous forecast of $1.37. Wedbush has a “Neutral” rating and a $59.00 price objective 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.

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

Other research analysts have also recently issued reports about the stock. Keefe, Bruyette & Woods cut their price target on shares of Webster Financial from $58.00 to $55.00 and set an “outperform” rating for the company in a report on Tuesday, July 9th. StockNews.com downgraded Webster Financial from a “hold” rating to a “sell” rating in a research note on Friday. JPMorgan Chase & Co. decreased their price target on Webster Financial from $58.00 to $55.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 9th. Royal Bank of Canada increased their price objective on Webster Financial from $57.00 to $62.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, Stephens set a $58.00 target price on Webster Financial in a report on Thursday. 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.com, Webster Financial presently has an average rating of “Moderate Buy” and an average target price of $57.85.

Webster Financial Stock Down 2.7 %

WBS stock opened at $51.50 on Monday. The stock has a market capitalization of $8.83 billion, a PE ratio of 10.55, a price-to-earnings-growth ratio of 0.88 and a beta of 1.28. The company has a fifty day moving average of $46.21 and a 200-day moving average of $45.31. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.85 and a current ratio of 0.86. Webster Financial has a one year low of $36.36 and a one year high of $54.38.

Insider Activity

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

Institutional Investors Weigh In On Webster Financial

Hedge funds have recently made changes to their positions in the business. BNP Paribas Financial Markets boosted its stake in Webster Financial by 156.5% in the 1st quarter. BNP Paribas Financial Markets now owns 96,052 shares of the financial services provider’s stock worth $4,877,000 after buying an additional 58,602 shares during the last quarter. Sound Income Strategies LLC increased its position in Webster Financial by 1,859.1% during the second quarter. Sound Income Strategies LLC now owns 15,692 shares of the financial services provider’s stock worth $684,000 after purchasing an additional 14,891 shares during the last quarter. Jupiter Asset Management Ltd. acquired a new position in Webster Financial during the first quarter worth approximately $3,529,000. TimesSquare Capital Management LLC raised its stake in Webster Financial by 28.9% during the first 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 during the period. Finally, Sei Investments Co. boosted its holdings in shares of 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 and hedge funds own 85.58% of the company’s stock.

About Webster Financial

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.