Washington Trust Bancorp Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for WASH stock has a target of 34, which predicts a decrease of -8.45% from the current stock price of 37.14.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$34	$34	$34	$34
Change	-8.45%	-8.45%	-8.45%	-8.45%

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

Analyst Ratings

The average analyst rating for WASH stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	2
Sell	1	1	1	1	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	2	2

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	-8.45%	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	-8.45%	Sep 12, 2023
Mark Fitzgibbon Piper Sandler	Piper Sandler	Hold → Sell Downgrades $26	Hold → Sell	Downgrades	$26	-29.99%	Jul 25, 2023
Mark Fitzgibbon Piper Sandler	Piper Sandler	Sell → Hold Upgrades $27 → $26	Sell → Hold	Upgrades	$27 → $26	-29.99%	May 15, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

129.79M

Revenue Next Year

138.64M

from 129.79M

6.82%

from 129.79M

EPS This Year

2.54

from 2.82

-10.06%

from 2.82

EPS Next Year

2.65

from 2.54

4.41%

from 2.54

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	129.79M	138.64M	152.25M
Revenue Growth	3.14%	7.85%	8.91%	-5.89%	-13.58%	-	6.82%	9.82%
EPS	3.96	4.00	4.39	4.11	2.82	2.54	2.65	3.06
EPS Growth	0.76%	1.01%	9.75%	-6.38%	-31.39%	-10.06%	4.41%	15.62%
Forward PE	-	-	-	-	-	14.64	14.02	12.13
No. Analysts	-	-	-	-	-	5	5	4

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

Revenue Forecast

Revenue	2024	2025	2026
High	133.7M	144.3M	158.6M
Avg	129.8M	138.6M	152.3M
Low	124.7M	132.2M	144.6M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	11.2%	14.4%
Avg	-	6.8%	9.8%
Low	-	1.9%	4.3%

EPS Forecast

EPS	2024	2025	2026
High	2.66	2.82	3.31
Avg	2.54	2.65	3.06
Low	2.40	2.45	2.80

EPS Growth

EPS Growth	2024	2025	2026
High	-5.8%	11.4%	24.9%
Avg	-10.1%	4.4%	15.6%
Low	-14.9%	-3.4%	5.6%

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.