Webster Financial Corporation (WBS)
NYSE: WBS · IEX Real-Time Price · USD
44.38
+0.55 (1.25%)
At close: May 1, 2024, 4:00 PM
43.28
-1.10 (-2.48%)
Pre-market: May 2, 2024, 5:57 AM EDT
Webster Financial Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Webster Financial stock have an average target of 56.27, with a low estimate of 42 and a high estimate of 65. The average target predicts an increase of 26.79% from the current stock price of 44.38.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for WBS stock from 15 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 5 | 5 | 5 | 5 |
| Buy | 4 | 5 | 6 | 6 | 7 | 8 |
| Hold | 4 | 3 | 3 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 14 | 13 | 14 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $60 → $55 | Strong Buy | Maintains | $60 → $55 | +23.93% | Apr 24, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $57 → $54 | Buy | Maintains | $57 → $54 | +21.68% | Apr 24, 2024 |
| Barclays | Barclays | Buy Maintains $70 → $65 | Buy | Maintains | $70 → $65 | +46.46% | Apr 24, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $65 → $63 | Buy | Maintains | $65 → $63 | +41.96% | Apr 24, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $64 → $58 | Buy | Maintains | $64 → $58 | +30.69% | Apr 24, 2024 |
Financial Forecast
Revenue This Year
2.57B
from 2.50B
Increased by 2.64%
Revenue Next Year
2.70B
from 2.57B
Increased by 5.18%
EPS This Year
5.94
from 4.91
Increased by 21.06%
EPS Next Year
6.49
from 5.94
Increased by 9.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.0B | 3.2B | 3.3B |
| Avg | 2.6B | 2.7B | 3.1B |
| Low | 2.4B | 2.5B | 3.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.2% | 23.2% | 21.2% |
| Avg | 2.6% | 5.2% | 16.6% |
| Low | -6.0% | -4.1% | 13.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.68 | 7.34 | 8.78 |
| Avg | 5.94 | 6.49 | 7.67 |
| Low | 5.32 | 5.74 | 6.66 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 36.0% | 23.5% | 35.3% |
| Avg | 21.1% | 9.2% | 18.2% |
| Low | 8.4% | -3.5% | 2.7% |
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.