Washington Trust Bancorp Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Washington Trust Bancorp stock has a target of 34, which predicts an increase of 7.94% from the current stock price of 31.50.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$34	$34	$34	$34
Change	+7.94%	+7.94%	+7.94%	+7.94%

* Price targets were last updated on Oct 22, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Washington Trust Bancorp is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	1
Sell	1	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	2	2	2	2	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mark Fitzgibbon Piper Sandler	Piper Sandler	Sell → Hold Upgrades $30 → $34	Sell → Hold	Upgrades	$30 → $34	+7.94%	Oct 22, 2024
Laurie Havener Seaport Global	Seaport Global	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Jan 31, 2024
Laurie Havener Seaport Global	Seaport Global	Strong Buy Initiates $34	Strong Buy	Initiates	$34	+7.94%	Sep 12, 2023
Mark Fitzgibbon Piper Sandler	Piper Sandler	Hold → Sell Downgrades $26	Hold → Sell	Downgrades	$26	-17.46%	Jul 25, 2023
Mark Fitzgibbon Piper Sandler	Piper Sandler	Sell → Hold Upgrades $27 → $26	Sell → Hold	Upgrades	$27 → $26	-17.46%	May 15, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

153.29M

Revenue Next Year

168.50M

from 153.29M

9.92%

from 153.29M

EPS This Year

2.85

from -1.63

EPS Next Year

3.21

from 2.85

12.66%

from 2.85

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	153.29M	168.50M
Revenue Growth	7.85%	8.91%	-5.89%	-13.58%	-48.30%	-	9.92%
EPS	4.00	4.39	4.11	2.82	-1.63	2.85	3.21
EPS Growth	1.01%	9.75%	-6.38%	-31.39%	-	-	12.66%
Forward PE	-	-	-	-	-	11.07	9.82
No. Analysts	-	-	-	-	-	5	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	162.3M	176.4M
Avg	153.3M	168.5M
Low	142.0M	156.7M

Revenue Growth

Revenue Growth	2025	2026
High	-	15.0%
Avg	-	9.9%
Low	-	2.2%

EPS Forecast

EPS	2025	2026
High	2.99	3.37
Avg	2.85	3.21
Low	2.70	2.96

EPS Growth

EPS Growth	2025	2026
High	-	18.4%
Avg	-	12.7%
Low	-	4.0%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.