Washington Trust Bancorp Statistics
Total Valuation
WASH has a market cap or net worth of $445.25 million. The enterprise value is $1.60 billion.
| Market Cap | 445.25M |
| Enterprise Value | 1.60B |
Important Dates
The last earnings date was Monday, April 22, 2024, before market open.
| Earnings Date | Apr 22, 2024 |
| Ex-Dividend Date | Mar 28, 2024 |
Share Statistics
WASH has 17.03 million shares outstanding. The number of shares has decreased by -1.84% in one year.
| Shares Outstanding | 17.03M |
| Shares Change (YoY) | -1.84% |
| Shares Change (QoQ) | +0.11% |
| Owned by Insiders (%) | 1.53% |
| Owned by Institutions (%) | 68.20% |
| Float | 16.69M |
Valuation Ratios
The trailing PE ratio is 9.27 and the forward PE ratio is 12.47. WASH's PEG ratio is 4.01.
| PE Ratio | 9.27 |
| Forward PE | 12.47 |
| PS Ratio | 2.34 |
| Forward PS | 3.38 |
| PB Ratio | 0.94 |
| P/FCF Ratio | 16.77 |
| PEG Ratio | 4.01 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 26.18, with an EV/FCF ratio of 60.37.
| EV / Earnings | 33.34 |
| EV / Sales | 8.44 |
| EV / EBITDA | 26.18 |
| EV / EBIT | 28.43 |
| EV / FCF | 60.37 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 2.63 |
| Debt / EBITDA | 20.32 |
| Debt / FCF | 46.87 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 10.50% and return on invested capital (ROIC) is 2.80%.
| Return on Equity (ROE) | 10.50% |
| Return on Assets (ROA) | 0.70% |
| Return on Capital (ROIC) | 2.80% |
| Revenue Per Employee | $285,771 |
| Profits Per Employee | $72,317 |
| Employee Count | 665 |
| Asset Turnover | 0.03 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, WASH has paid $8.31 million in taxes.
| Income Tax | 8.31M |
| Effective Tax Rate | 14.73% |
Stock Price Statistics
The stock price has decreased by -8.09% in the last 52 weeks. The beta is 0.81, so WASH's price volatility has been lower than the market average.
| Beta (1Y) | 0.81 |
| 52-Week Price Change | -8.09% |
| 50-Day Moving Average | 25.78 |
| 200-Day Moving Average | 27.55 |
| Relative Strength Index (RSI) | 54.53 |
| Average Volume (30 Days) | 95,600 |
Short Selling Information
The latest short interest is 575,974, so 3.38% of the outstanding shares have been sold short.
| Short Interest | 575,974 |
| Short Previous Month | 574,586 |
| Short % of Shares Out | 3.38% |
| Short % of Float | 3.45% |
| Short Ratio (days to cover) | 5.64 |
Income Statement
In the last 12 months, WASH had revenue of $190.04 million and earned $48.09 million in profits. Earnings per share was $2.82.
| Revenue | 190.04M |
| Gross Profit | 190.04M |
| Operating Income | 56.48M |
| Pretax Income | 56.40M |
| Net Income | 48.09M |
| EBITDA | 61.24M |
| EBIT | 56.40M |
| Earnings Per Share (EPS) | $2.82 |
Balance Sheet
The company has $86.82 million in cash and $1.24 billion in debt, giving a net cash position of -$1.16 billion or -$67.98 per share.
| Cash & Cash Equivalents | 86.82M |
| Total Debt | 1.24B |
| Net Cash | -1.16B |
| Net Cash Per Share | -$67.98 |
| Equity / Book Value | 472.69M |
| Book Value Per Share | 27.75 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $31.60 million and capital expenditures -$5.05 million, giving a free cash flow of $26.56 million.
| Operating Cash Flow | 31.60M |
| Capital Expenditures | -5.05M |
| Free Cash Flow | 26.56M |
| FCF Per Share | $1.56 |
Margins
Gross margin is 100.00%, with operating and profit margins of 29.72% and 25.31%.
| Gross Margin | 100.00% |
| Operating Margin | 29.72% |
| Pretax Margin | 29.68% |
| Profit Margin | 25.31% |
| EBITDA Margin | 32.23% |
| EBIT Margin | 29.68% |
| FCF Margin | 13.97% |
Dividends & Yields
This stock pays an annual dividend of $2.24, which amounts to a dividend yield of 8.57%.
| Dividend Per Share | $2.24 |
| Dividend Yield | 8.57% |
| Dividend Growth (YoY) | 1.82% |
| Years of Dividend Growth | 13 |
| Payout Ratio | 79.43% |
| Buyback Yield | 1.84% |
| Shareholder Yield | 10.40% |
| Earnings Yield | 10.80% |
| FCF Yield | 5.96% |
Analyst Forecast
The average price target for WASH is $26.00, which is -0.54% lower than the current price. The consensus rating is "Sell".
| Price Target | $26.00 |
| Price Target Difference | -0.54% |
| Analyst Consensus | Sell |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on August 4, 1998. It was a forward split with a ratio of 3:2.
| Last Split Date | Aug 4, 1998 |
| Split Type | Forward |
| Split Ratio | 3:2 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |